The sun., 1893-09-28


OF security will be greater? On the contrary
will be Increased l take no account now Of
the possible increase In the relative value Of
gold which might follow the p Increased nc @ demand
condition of Germany and Austria. and tell me
whether any sane man, who sees the nervous
every Few tRousa"i o eod coins can possibly
maintain that We in America should feel safer
The condition of Europe is. in every point OF
view. much worse. far more complicated. and
infnitely more alarming than ours. am not
come here: but the probability of its coming de-
l ltSa and @ social an prospeets. @ % This % leads me to
another necessary point in the situation.
sa to be 1
Does any Senator think it will quiet them ?
On THIS point might say much. but want to
time A few minutes will be enough.
We all know the history Of the Sherman act
what violent interests: compromise in which
the silver miners. the manufacturers: nan and the
ed for hsr M
a market for their goods; other Interests
in thes turn spite
s Ths @ Soysfnmsn, n; S q tEnel%ns sRaus s9d s9d3
our silver coinage frat. decided that some
thing must be done. and, against the long
eosed Syer ssf ie panic % foowed here and and
nearly the entice press and the whole capital:
list class Joined in calling for the closure Of
In this cry the voice of the manufacturers
was among the loudest. yet obviously the in
not with gold. i will rot argue this point.
which will be clear enough to those who study
It, TIE silver is M the NJ thuf
] take it for granted that the silver States wi
revenge themselves by throwing all their
Our manufacturers might flourish on low sill:
verand high tariff: they must perish on gold
and low tariff.
Ny tariff friends may look on this prospect
with equanimity: but I advise them to talk
seriously with their constituents before act-
Ing. for the time may come when the mill own
ers and mill operatives will hold them Iespon-
siDle for any evils that may follow: For my
people. 1 do not want to see the time when
what is now passing in England shall happen
In or oo nsy
which has already lasted two months shall
unanimously vote to continue the strike even
IL they die Tor it, rather than consent to re-
The British miners, hall million Of them.
are to be starved into accepting low wages in
order that the British Government may en-
hance the value OF the gold In which AMERICA
process proc i is one which / would gladly avoid. The
British Government may prefer to shoot Its
miners: as 1t has lately done l DO not think
late with view to shooting h Is constituents.
Pennsylvania for 200 years has followed one
but she tries to crente. to preserve. to produce.
She does not want to irritate. but to conciliate:
she Tsnfs mo n1t S 70 'tes h 70 DO
to ue generous even to her enemies. II she has
any. All her influence has eyer been exerted not
this Union her duty and her interest combine
to make of her the peacemaker who comes be-
tween contendinE forces. receiving sometimes
tha blOws OF enCl. but strong enough to be-
friend both. Beyond the limits Of this Union
she has never much cared to go. The rest OF
the world may do what it pleases; Pennsyl-
vania has always been satisfied to mind her
own business.
start and end in common facts that command.
hope; your unanimous assent, can do moth
sas M no to
or Nevada. will vote to help them. and In re-
turn will ask their help to assist tho other
weak interests that are struggling throughout
the Union for existence against heavy odds
| will vote @ in such way , as to Tighten e1. the
ana map' ad iSns' ihs@ to- 20 GaHs Of % the
national movement will give support
to aot dsny e1 To-
any. least OF all to weak or struggling state.
Pennsylvania sent me here to be generous as
she will stand by me.
Then my Rropositions are these; We all agree
critical state Of eTuili brium. any silver or
paper currency needs larger guarantee than
usual For that purpose PROPOSE ROlQ loan
Of so many hundred mi llion, dollars as Con.
Rress may decide. to he bought mt he market
rate. and held in tho Treasury as the gold re-
serve is held In the Bank of France and by the
Governments of the Latin Un on.
propose to open our mlnts to the Tree
coinage OF American silver. imposing a duty
on the import Of foreign silver.
poorer and weaker States. especially In the
South. to repeal the tax on State TANK circula-
tion. measure which ia in tended to give them
free hand in moving their own crops. devel-
oping their resources. and relieving them
from their servituds to the great capitalist
cities look to no effect. or but little. from
this step. as far as the North Is concerned
favor OF our shipping. The bill Tor that pur-
pose is known to you. and neither its object
nor its methods should be matter Of party
division.
for next year. l would reimpose the duty OF
bounty.
Then would wait year to see how the sys-
tenn worked and how far We were affected by
foreign Influences.
As for. our foreign exchanges, they are
automatic and will take care Of themselves
we had no currency at, all. when We had
gold. when We had irredeemable paper. and
when We had silver. II Europe wants our
gold. lot her have It II she can pay for 1t: that
Is to say. all except the gold In our Treasury
No general or specia ial egislation is II kelly to
pass this Senate unless i Is comprehensive
enough to command practically universal as
sent To that object have addressed myself
II any other senator brings forward scheme
more comprehensive. more liberal, conceived
In n spirit Of widor or more generous union.
will give him my support.