Arizona weekly citizen., 1893-09-02
THE LAST DAY
Of the Silver Debate in the
House.
TON REED MAKES a SPEECH
Wilson and Bland Close the De-
bate-Two Passenger Trains
Collide. Seventeen People
Killed.
TOM REED MAKES A SPEECH

| WASHINGTON, aug. Zo.-Inl9 was the
last day of silver debate in the house
and the galleries were crowded with
spectators. The speaker annouced that
debate would be closed by Wilson and
Bland, for and against repeal.
Clark, of Missouri, was the first
speaker in favor of repeal.
Then came ex-Speaker Reed, who
made long speech. He said the prin-
cipal cause Of financial depression was
due to uncertainty OF manufacturers as
to tariff legislation. He considered the
Sherman act and accumulation of sill
yer as indication of approaching disaster
rather than the chief cause. He was
sorry the question could not be settled
within the bounds of the democratic
party itself, but, everybody knew the
majority of the democrats would decide
against the good sense of the nation.
Though he did not believe repeal of
the Sherman act would give immediate
prosperity he would vote for it because
only by repeal could the nation hope to
attract foreign capital. Reed followed
by Dearmond, of Missouri, in opposition
to repeal.
IN THE HOUSE
Cochran New York; was the next
speaker. After some preliminary utter
ance he said that the democratic plat
form did not declare for the free
coinage of silver. An attempt was made
in the convention by the delegates from
Colorado, to commit the party to that
principle, but failed to secure ten votes.
Colorado and Nevada were declaring
that the party was departing from plat
form in this matter. liz that is so why
did these states take to the woods in
the elections of 1892. 1t was because
these states abandoned the democratic
platform that Pence was elected to the
house from Colorado. Cochran declared
that he was standing on the
platform with both feet. He
asserted and defed Bland to prove
| otherwise, that in every instance ID
civilization where gold and silver
cir culated side by side at any ratio,
the fluctuations constantly drive out
the dearer metal. France had to import
6OO, 100000 gold to maintain party and
| the United States would have do same
under like circumstances.
HILLS GREATEST SPEECH.
Chief interest in the senate was cen-
tered In the speech of Senator Hill, who
defined his position on the financial
question, Ia an address OF nearly two
hours duration. Nearly every mem Ter
of the senate was in his seat and all were
attentive listeners. Many members of
the house also crowded over to hear the
distinguished senator.
"I am q bimetallist" said he, 81 do
not believe in single gold standard or
single silver standard; but do believe
in the use Of both gold and silver as
the standard money of the country ard
in their free coinage at proper ratio
and without discrimination in favor of
one or against the other"
The chief surprise of the speech of
Senator Hill, was the position he assum-
ed, minimizing the Importance of q
| revision OF the coinage ratio. Bimetal-
lism might sought by holding out an
inducement to the Latin union coun-
tries to recoin at profit rather than at
loss. 1t gave q eater satisfaction to the
western free-coinage people than seven
the most sanguine had expected from
his argument.
There was dead silence in the senate
when the speaker referred to the state
ments of President Cleveland attempt
ing to lead the country to monometal-
lism and ALEC when he concluded with
his defiance to the presidential renomlna-
ton. Democratic senators locked
gloomy and unhappy, but smile of
amused satisfaction covered the faces
of the republicans.
Senator Hill then said the temporary
relief which the country needs at thus
hour is the prompt repeal of the Sher-
man law. Our duty now is to stop
further silver purchases and relieve the
almost bankrupt treasury from the drain
of gold out of its vaults Let US legis-
late upon the financial quest on and
then return to our homes. AT the regu-
lar session next December we can re-
sumo the consideration of the establ sh-
ment Of permanent financial system
required by the necessities Of our great
and growing country.
In conclusion Senator Hill said: "No
one, be he republican, democrat or pop
ullst, should be deferred from voting for
this bill simply because it halls as an
administration measure; that furnishes
no argument either for or against II.
Mr.. President, this bill is going to pass