The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1893-09-07
GEN GROSVEND RsSPEECH In
CONGRESS
Un the Financial Issue.

Our Representative in Congress
Gen Grosvenor, made speech j;
Congress last week on the curren
issue. repeal of the Sherman Law
As we have heretofore stated. hi.
speech was the ablest presentation
; made by any Republican on this MOI
pa-tisan question.
Gen. Grosvenor, outside OF Hi
partisan politics. is a congressman
whom we can always call upon fol
fAir treatment and official courtes-
ty.
On the currency Question, tha'
feature of it Immediately under dis
cussion. it Is GRATIFYING to know tha,
our congressman is democratic to the
extent that he is in harmony with
president Cleveland and his demo
cratic colleagues from Ohio,
We give bsicw extracts from his
speech.
Gen Grosvenor said:
"Mr Speaker, shall vote against
all pending amendments to this bill,
and vote with hesitation for the pass
age of the bill. The result will be
only and simply to cause the cessa-
tion of the present practice of buy
ing silver and paying gold for it,
and I call attention of the House and
the country TO the fact thai silver
will not IN this way be demonetized,
nor vet driven from circulation or
legal-tender quality, for this same
bill for which l shall vote declares
But this repeal shall not impair, or in any
manner affect, the legaltender quality of
the standard silver dollars heretofore coined;
and the faith and credit of the United States
are hereby pledged to maintain to the parity
of the standard gold ard silver coins Of The
United States Mt the present legal ratio or
such other ratio as piay be established bS
law.
Thus silver becomes money and
not commodity. We shall cease
to degrade silver by buying and cord
ing it up like pig iron, and It's value
as money viii. be enchancea.
/ will vote thus because:
First. The purchase of silver un-
der this and the Bland Allison act
has lad the effect to debase the coins
of the county and unsettle values and
confidence.
Second. The repeal will benefit
ibe country by restoring confidence,
at least in some degree, establish sill
ver upon a hetper basis than now,
and enhance the value of all the Gu
rency of SILVER in the county.
Third. The repeal will place this
cour :ry in such position among the
nations of the world as that an inter-
national agreement can be reached,
so that nut Of such agreement b!
metallism can come, and both gold
and silver can be coined upon equal
terms, free of charge.
Fourth. l am in favor of bl-
metallism uponsuch terms as willend
this controversy, and l am sure that
the repeal of this section will be a
grand movement IN that direction.
Mr.. Speaker, my constituency is
made up of agriculturists, miners,
laborers, manufacturers, and bust
ness men. They all work, and are
all honest and intelligent. My first
duty is to my own people. who sent
me here. / will cast no vote in this
House to make heavier by even a
slight degree the burdens of life they
have borne SO long and so patiently.
] will not fail to vote, God giving
me wisdom, in such way as to make
their burdens lighter.
If l can, / will vote so that each
dollar in this land shall be of equal
value to pay debts and buy goods as
every or any other dollar. The dol
lar of the rich man shall, if l can
effect it, be as good and not better
than the dollar which pays for the
labor Of the poor man.
Because | believe that the repeal
of this clause will tend to all of this
with a solemn realization of the re.
possibility of this hour, l will vote
for this bill, and trust to the same
oyerruling Providence, which so
long has aided our people, that the
future will vindicate the wisdom of
the act.