The Caucasian. (Clinton, N.C.) 188?-1913, 1893-09-14

'I'oAS "a ainht au tytuIhuatai
storm to-day, bat the announcement
OF hls sPeevh packed the galleries
and allied every chair on the Demo.
crai'ce side Of the senate chamber,
lie spoke against the unconditional
repeal Of the Sherman law and the
leaders among the unconditional re-
peal Democrats were conspicuous by
their absence. fhc few that remain
Ell, Gornan among them, took the
medicine like little men. Gorman
expected that Vance would say some
thing entertaining aud original
about the administration and h,
was not in the least disappointed.
Senator Colqultt Was rolled into the
Chamber in sn invalid chair and
listened with great interest 10 the
speech. The House lost its quorum
through the absence of members
who went over TO the Senate by the
dozens. The speech commanded
the closest attention throughout the
hour and forty minutes of lis deIiv-
cry. Senator Ransom WAS a d,euly
interested listener. The many hu-
morest side remarks. with which il
abounded, and which ut times con-
vuIsed the grave and solemn looking
Senators was cast on Ransom. There
WAS not smile on his face that in
dlcated IN the remotest way the
slightest feeling of hilarity, and il
was noticed that he was one of the
few Senators who did not offer any
congratulations al the close of the
speech. 1t was "A candid and signif-
icant admission that Nances position
had neither his sympathy or approx
al. He was evidently seriously dis
turbsd by some of it's sharpest ut
terances, when criticising the adj
mlnIstration, and showed dreadful
suspense and anxious expectation of
some dee laration of po-
litical independence of the Demo
cratic "machine" Llttle wonder.
for Nance's voice thundered when
he characterized the Democratic
party las the tool of combined cap
ltal." Again was Ransom startled
when he vehemently said that the
National Democratic platform was a
lie from invocation TO its doxology"
if it didn't mean the free coinage
OF silver. Vance was in splendid
trim. His voice was clear and
strong and had the ring of the old
days iii it, when the people hung
with bated breath on every word
that fell from his lips. lie was
dressed IN confederate gray suit
with red flower decorating the
lapel of his coat. At the conclu-
sion of the speech Senators forgot
their dignity long enough TO crowd
around him and extend their earn
est felicitations.
Wat The REPEAL OF THE sHrR-
MAN LAW MEANS.
Starting out with the declaration
that silver constituted one-half the
metallic money of the world, he said
If coinage is stopped silver ceases TO
live throughout the commercial ma
tons OF the earth, and drops out Of
sight. The repeal of the Sherman
law, without any substitute provid-
ing for the continued coinage of sill
yer, is the end of silver money for
this generation, unless a great revo-
luton of the people should restore
it, as was done after the fraudulent
demonstration of 1873.
THE RUIN THAT PoLL0ws.
Then the trouble Of the defensc-
less begins; the glory of the capital
list is exalted; the fatness of the usur-
er waxeth, All woe be unto him who
Is IN debt One-half Of the money
If the worlds productions among its
Inhabitants devolves upon the other
half-the price of the remaining
money, gold, goes up-that is TO say
the price of every product and every
days work goes down. Let no man
doubt that this movement is the re-
suit of conspiracy, a combination
among the money-holders of the
world.
WHY THE PANIC WAS STARTED.
The intent of this combination,
he said, is to increase the value of
the gold in the hands of those who
hold it, and to increase the values
of all securities, personal and gov
ernmeutal, by making them paya-
bic, which are likewise held by these
conspirators. The method of attack
on this last remaining stronghold
of silver was by the creation of
panic.
Never, he declared, was there a
more seuseIess clamor or more
criminal disturbance of public con-
fidence
THE TRUTH ABOUT IT.
| We are told that although the
amount Of gold produced from the
earth was not increasing, that there
was an extraordinary amount of it
held in private hands in Europe and