The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1893-08-28
JERSEY MHMBERS SPEAK
Congressman Dunn on the
UnconstitutioaalitY Of
the Sherman Law.
GEISSEgHAIHER'S TELLING pUBCTuRE
Gardner Declared Himself a BIZ
motallist--All Vote for
Repeal.
GEISSEEHAIHER'S TELLING PUHCTuRE
Special to The JERSEY citv Ns,cs.

Special to The JerseR Ctr Eelcs.
WASHINGTON. August IS. 1898. In tbs
debate just closed. three of the New Jer-
sey Congressman participated. The first
10 make his debut was Representative
Dunn of the Elizabeth district. vino spoke
last Wednesday night. Mr.. Dunn was
feeling far from we'll. having been indis-
posed for a couple of days. but he never
iheless presented his ideas SO forctbly as
to enlist the attention OF the members of
the House throughout his entire address.
Tbs galleries were crowded, SO that he
had a coed audience to inspire him to his
best efforts.
MIR. Dunn's speech is especially note
The whole two weeks' debate in which
the unconstitutionaiity OF the Sherman
law was presented. This was the
text of Mr.. Dunn's able aud
convincing address. He predicted that
II The law could be taken into the Quilted
States Supreme Court hat body would
declare it unconstitutional, first because
there is no grant of owe In the Coastt-
tuition to warrant the passage of such an
act, aud second, because it is Rntagonistlc
TO the genius aud intent of the Constitu-
lion, which is rigidly against the grant of
special privileges or special immuuitfes to
individuals or corporntiors. Mir. Dunn's
argument IN celebrating these two points
was very conclusive, indicating consider
able research into the question, while the
results Of his inquiries were presented In
vigorous language. He was particularly
severe in his Remuneration of the silver
kings" aud had no sympathy with the
gold bug cries or the assaults upon the
banks which seemed to be the stock in
trade of the silver men.
Mr.. Dunn quoted with great eff .ct a
large uumbe Of statistics 10 Uphold his
argument and was especially app.aadsd
When he said that as the purchase OF
silver affords only an. unsrable basis for
tile issuance of United states notes. this
feature Of the Sherman act GU ght TO be
INSTANTLY repealed. He referred, also, Co
the threats of the silver democrats to
leave the party u then added:
Il want to say TO those uiea here and
now that am a democrat by nature.
training and instinct, that I believe che
Democratic party viii live while the
Constitution vi our country lives: that
when the Democratic party dies. as au
effective protector of the principles OF
our Government. the Government will
die With H.; that the principles Of our
party are as iudestructible as the eternal
hills OF GJd. and | would rather see IL
hur.e Ell OUT If sight Il sound of men
forever by the forces of nature or reyoIu-
lion rather than that the party should
abandon q single Que OF its principles un-
der the threat OF a private Interest which
seeks 10 dominate this House and over
throw all principle OF right and jusncs
10 serve their own aims"
Mr.. Dunn received numerous con-
gratualatious at the conclusion of his
speech, which were as sincerely tendered
as they were deserved by the recipient.
Gen Tracy, who Is one OF the anti-sil yer
leaders on the foor, cold Mr. Dunn tnab
the argument which he had made Was
pnanswerdbie.
MR.. GEIssESHAINER's SPEECH.
The speech OF Representative Gels
senhatner was not rs lengthy as that of
M Dunn, occurring only five OR ten
minutes iu its delivery. II contained in
condensed form, however. some very
Important statements, particularly some
figures which punctured the bubble upon
which the silver men have always relied,
VIZ, that ever since 1878. when they
claim silver was demonet;zed, the price
of cotton, wheat and silver have fallen
steadily III the same ratio. Mir. Geissen-
IL liner pointed out that none Of these
diagrams of the silver NEE went back of
1872. Ii they had dared 20 extend their
chaets prior to 1872. said MIR. Geissen-
baiaer, 1t would have been found thai
wheat and cotton then declinsd
NH II The price of silver was
a. its highest in 1856. He
added, too. that The very plain reason for |
the decline in the price of wheat aud
cotton was an extent OF production such
as has never been Witnessed in The past.
IL was The same way with silver, the pro-
duction of which was seven times greater
IN 1892 than It was in 1865. while the pop
ulatIon was only twice rs large. The
increa e in the production of wheat was
only twice rs much and Of cotton only /
four times az great. Our people have
not lost faith in their wheat said Mr.. |
Gsiese 1hainer. no In their cotton, puE
confidence III silver seems TO havs been
greatly disturbed. and to many minds |
The only remedy III this most depressing |
crisis to restore confidence In all things is
TO act upon the Recommendation of the
President and repeal the purchasing |
clause OF the Sherman act"
Mr. Geisseuhatuer was heartily ap-
plauded as he concluded for his figures
aua bis presentation of them were en-
tirely novel and contributed greatly |
toward strengthening the side of the
repeal.
Mr. GARDNER MAKES A SPEECH.
Mr.. Gard aer's speecn was delivered on