The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-10-02
SENATOR GEORGES SPEECH
Unconditional Repeal Violates
the Platform.

uDuJ ~ aAu a'o' ei-~s -
its defeat.
That platform on this subject is
az follows.
eve denounoe the Republican
legislation, known as the Sherman
act of 1890, az cowardly make
shift, frAught with possibilities Of
danger in the future, which should
make all OF it's supporters, as we'll
as It's author, anxious for ita speed
repeal.
eve hold TO the use of both
gold and silver as the standard
money Of the country, and to the
coinage Of both gold and silver,
without discri nirating against
either metal, or charge for mintage,
but the dollar unit OF coinage of
both metals must be of equal in
trinsic and exchangeable value, to
be adjusted through international
agreement, or by such safeguards
of legislation as shall insure the
maintenance of the parity Of the
two metals, and the equal power of
every dollar at all times in the
markets, and in the payment of
debts; and We demand that all
paper currency shall be kept at par
with and redeemable in such coin.
We insist upon this policy as
especially necessary for the protec
ton of tbs farmers and laboring
classes, the first ana most defense
less victims of unstable money and
tiuctuating currency"
That platform, as is seen by the
reading, denounces the whole Sher.
man law as "makeshift," and
alleges that its supporters should be
anxious for its repeal.
What is denounced? The Sher-
man act-not part of it, but the
whole. What is it said should be
repealed? The same answer: Not
a part, but the whole. What was
denounced as makeshift"? The
Sherman act-the whole of it, not
part. And yet, sir, the bill, as if
the authors of 1t had suddenly fal-
len in love with the act, attempts
to repeal a single clause of the act,
leaving the other part of the act
containing six sections, in full
force.
So, sir, there is to be no repeal of
the Sherman act, but only Of a part
of it. And the part to be repealed |
is not designated by the platform
as especially Objectionable; but on
the contrary, king the whole plat
form on this subject together, it is
plainly inferrable that this very
clause Is not Objectionable per Sc,
because it coins silver, but is OBJ
jectlonab,e only because it provides
for a limited instead Of an unlm.
tied coinage of silver. For after
denounoing the act as make
shift" in clause l of the paragraph,
it Immediately proceeds to declare
that eve" (lhe Democrats of the
Union0 "hold to the use of both
gold and silver as the standard
money of the country, and to the
coinage of both gold and silver,
without discriminating against
either metal"
The meaning of all this is too
plain for mistake or for controver.
sy. the Sherman act is denounced |
as 'makeshift, which means ga
temporary expedient." A temper
airy expedient for what? 1t can
only mean a temporary expedient
either for total demonetiz alton, for
which the bill provides, or tenn
porary expedient for more enlarg.
ed use of silver money. That this
latter is the meaning-plain, clear,
obvious-is put beyond all contro.
versy by the subsequent declaration
in the same clause, IN favor of coin.
ing silver on the same terms az
5oid, without discriminating
against either" Gold has an IN.
limited and fres coinage, and SO
his platform says silver should
nave free and unlimited coinage.
1T such was not the intention of
he convention, then that body of
representative Democrats used the
English language not to express
heir meaning, but to conceal it.
The people understood that 1t meant
hat the Sherman bill should be re-
nAalnd and thn.nhu ILL. - -. IL |