New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-23


Legislation had checked foreign trade ana We
had not today a commercial friend In the world
For every law that We enacted denying 10 Iorcigh
productions place In our markets. ana oo'n'"e
commercial Friendships, we might he certain oi al
injurious blow I'm return from every trading people
In the world. lie had faith. he SAID, tha' the gam
evil which crippled this commerce would be remover
with other evils which challenge attention ana
action and n the true greatness OF the country was
studied II would be seen that financial panics ana
alarms Gould have no foundation here
TEST OF TIE GOVERNMENT.
Eut there Gas another and exceedingly sensitive ann
powerful test OF Government credit "nich as
serted It's claim not only 10 the trust anu adhrduo' Vi
The American people but also TO the business conf
dence and respect of every civilized nation Dch'ah ''
sun. Money was simply medium for the EXCHANGE
IF values: money was a creature and Congress us
creator. Gold and its alleged intrinsic value went ioi
naugt as "a circulating medium, unless the CON p'i
the stamp OF the Governmental stamp more po"eIIiu
than the grasp OF the lions paw or me caei. "a
I'm bestowinc lie and activity dead and otherwise
useless material The same ohcili stamp OH Nh
paper, at once ennobcd them 10 al rquanN Ti',
gold In puIclaslng power no matter how dcbi>cl OF
Vaueess the material may have become a. cOnmoditio
Sound strange to some ears that nine differ
ent currencies transactng the business OF ts Goug
and, to Il large extent, the business o the Woliu' %
uniform IN purchasing and deh ma R nsTeanee
able, that hardly oneiiaf oil them were s'"''
known to exist. ,., IL, . law
without precedent or parallel In American history
law which for months past had been lIe Hnc,oi
panic alarm and distress hnd been invoked ana 40, oi
whose repeal this Congress had been c3nvehsu. cb r
man law which resulted from compromise an Stu
that In evil hour the worst and darheSi ao INA
befel the cause OF bimetalsm the honor ana
existence of silver money. this pernlcons comp'o Sn
accepted and fastened Oh the country Ing 1rl a
tor from Ohio (Mr Sherman II was true. now cH,nlcu
credit for his repeated assertions of late una, ure
had never been hour since the comprom,se was hS
ffnet.A thut hn had not Ctlpd
voting for its repeal In other words having nau'fa
the producers OF silver TO surrender ter gh. zoo ono
ounces per month If bullion. the senator lr3n o'9
BEEN wine and anXons ever since break the com
pact repeal the consideration on "n' ,snl,ccd con-
fdencc empty.handed without either Ia" PRIVILEGE OF
coming their silver selling 1t as inercah'ne oo"
modify 10 the Government.
HE QUOTES FROM THE RECORD.
Mr.. voorhees, said that he spoke in no partisan
VEIN but yet 1t with great satisfaction u"' ne
quoted from the record that not single vote on his
side Of the chamber cast for the act which
bore the name of the Senator from ONO TO such
peculiar cmlnence. As firm uniaitermg nsr'o q,
I'm bimetallsm. and an undertaking supporter vi
the coinage and of both gold ana silver as inc
standard money of the country without dlScrl ,s
AGAINST The passage OF the sherman act. and FOR the
same reason he would vote for its repeal. $3.50,
The uues ion had been asked whether vote shouu
be given for its unconditional repeal or whether
n substitute must be agreed upon re wou,o ~ on vr
laws with no other condition than his right and IRE
agency TO support and secure' III dnt neosre
It's repeal or alierwfu Us an rcy npsi the primary
DUTY Of the hour might at the time dictate sound
financial nona sys, r snS In making tbs statement he
only repeated the declaration OF the Chicaeo pauii
dency one of the strongest, abes. pnrest nnn mos
patriotic characters ever Kho"h " ""o'''"
4 EULoGY OF CLEVELAND.
Mr.. voorhees, at this psnt quoted the financial plank
NJ the Chicago platform and saying that the record
did not sop at ''ns po,"'' r"' Which no said was
Ceveland's letter OF acceptance wn'Dn Nv .,"r,,a,Iv
49,. r,o.soco delivered Il few DAYS ago. lie said in
sour hrsf sentences it contained every sound whole
some enduring @ pnros G nation on the earth
Mo dae G the the face Of The clear and explicit words
which h. reac 70 gs believer in the Of
gold and gold alone but Wear ,ai io mask? John
election to the ireSidenCE ,'ct and spotiess in
tegrty of any OF the ilustrlos statesmen VINO hhu
held the folio OF hhanSe lnc hin, az himeiast
made no mistake IN picihg h hot such questions
Continuing, the SPEAKER sara 'i r, th american
as ratio were matters 81 u svr s%nr,d not he de-
nonetzed and contraction take pace , on ue fair
Of moIomclaisnl' hn metals wond h, dismissed
NO EFFORTS wouid ne sPrtu , ~ would the
ih p ninetents OF the American
people cclsen, 10 domoie op y money lie
reud lay +" those urrng single gold standard that
the people Wouia teai E uvtnn Of finance should
1ppressNe a ostIsheS Mr. voorhees, here paid an
~ ever De tsanie. n WIN ,Ivsr nroGucng states
''0i~'"' " ~..
OTHER ISSUES DEMAND AIIENIl'N'
Mr.. voorhees, said that there We're o."'l aIS
tf the situation demanding cohSi''r""o" ,'.'' nt
not result from the sherman ao'' D a
determined assault Wmch hau w" "i
the present Administration 10 comPel uia ,haaG "a
Issue oil Government u0hus n.u ii1' .uthors nj
by the American people, nor hhu luc auuoi' Va
the assault and those interested Iii Us su..o'' ~
capped widespread ana inVnsun. n,,.ed The sec
breaking the gold reserve IL was suPpVseu 'nu AZ -
rotary Of the Treasury would De uhu,r m mn, n ~
necessity 10 issue a t thopefore on the head Of
that column was S~i cS anu s,lfl preparaiion these
OF delay iof aihpic anu Ut, Ia ng.in and
ATTACKS nave beeh rePea"u asHln '" ID ,orra
have only sia'hfneo III .heT H.I,en's m' ~, n,,,
nee IL was UNI tiat IN IN culN ~ par, II. ~"