The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-09-02

WARRINGTON, ". W, sept Line
vicor with which Mr.. cockrell in the
,onate to-day objected to Mr.. Voorhees,
,soue,t Tor unanimous consent that the
,onato bill be substituted for the house
bill repeating the pure hasing clauses oi
tbe Sherman act recalled the stubborn
eoptos. made by those on the Demo
cratic side of the chamber to the force
hin against which every obstacle known
"a parliamentary law was made. There
vas, however, none of the indifference
to Ospeeches displayed in the senate to-
d,y in the discussion of the repeal bill
that was SO frequently noted during the
debate on the force bill. Mr.. Vance, in
I'D speech to-day, had large majority
Of the senate and well filled galleries as
his auditors and was followed with
marked attention.
When the senate met this morning,
Nj. Teller submitted a resolution sim
liar TO the one recently adopted, calling
upon the secretary Of the treasury for q
statement giving the aggregate amount
oi silver bullion purchased under the
act Of July IA, 1890, during the month
d August, together with the cost, the
amount, date and price of each pur-
chase and the name OF the rendor, also
the amount of silver bullion offered for
sale during the month, the amount,
date and price OF each offer and the
name Of the person making such offer.
Al the suggestion Of Mr.. Turpie (Ind.)
the resolution was amended by the ad-
ditiou OF the words "And how paid
for" and in this form the resolution
was agreed to, the effect Of this amend-
ment 10 show the money in which the
bullion was paid for.
On motion of Mr.. Voorhees, the
house bill for the repeal of the pur-
chasing clause Of the Sherman act was
taken up prior to its becoming the
regular business at 2 o'clock and Mr..
Vance (N. o. took the floor thereon.
YANcK's SPEECH.
Mr.. Vance began his speech with the
statement that the great law Of supply
and demand operated in regard to
money Just as it did to everything elsei
when money was abundant prices were
high; when it was scarce the prices OF
ali products were low, therefore he that
increased the abundance of money BEN
Gifted production and enhanced prices
md wages.
Mr.. Vance then began a discussion Of
The history Of the demonetization OF
silver, taking as his starting point the
action OF Great Britain as early as 1915,
which action on her part was necessary
10 enable her TO pay in gold her great
debts to the Jew Rothschilds. He then
touched upon the adoption by Germany
Of the gold standard after the Franco
Prussian war, its effect upon the Latin
union, and said that about the same
time the United States ceased coming
by fraud in legislation, when silver,
which at that moment was at apremium
over gold, began to decline and has con-
tinued TO decline ever since.
II coinage stopped here silver ceased
to live throughout the commercial ma.
tons OF the earth. The repeal Of the
silver without a substitute meant the
end of silver for this generation unless
arevolution of the people should re-
store as it did after the fraudulent de-
monetization OF 1873.
Let no man doubt that this move.
ment for the repeal of the Sherman act
was tho result OF a conspiracy among
the money holders of the world.
Mr. Vance then referred to theinhow
Of gold, but said the bankers Of New
York, intent on keeping up the cry,
contracted their currency, refused 70
loan money and enforced stagnation in
oil branches OF business. Never was
there a more senseless clamori OF more
criminal disturbance of public conf
dence. II the Sherman law sent out
gold it surely brought it back. II not,
what made It return2 The fact that in
tho midst Of this. clamor our resources
are SO great as TO be able to check the
outflow Of gold and to turn the tide in
our direction, ought to restore conf.
dence to every man whose confidence is
worth securing.
promised to secure the use OF both
gold and silver as currency and main,
tain the parity Of the two. Democrats
we're put IN power aud Mr.. Cleveland,
though known 70 be personally hostile
to the use of silver, was elected because
tho people believed that he would
carry out in good filth the promises
made for him in the platform aud to
which he acceded in his letter OF ac-
eeptance. In the fulfllment Of these
promises, the first thing done was to
Yield to the clamor OF the capitalits
and anticipate the regular session OF
Congress for the sole purpose OF stop.
ping the coinage of silver and nothing
more, Mr.. Vance conceded that the
repeal programme was likely to be car
red out but asked what would be done
With the remainder Of the platform.
II tho party intended to enact the
laws It had promised IL should do IT
now. II the party was acting in good
iaith 1t would carry out the pledges
now, and II the friends Of the platform
lot SO Of what they had before they got
.Snything else in exchange how could
lhey justify themselves before them
Nlves2
In reply to Mr.. Gorman's query why
The friends Of silver halted between un-
%Sndltional and conditional repeal, Mr.
vance said that by unconditional re-
pea We unite the Democratic party,
oHt least OF all true friends Of bi.met-
alli'm. BY the proposition Of uncondi-
uonal repeal that was impossible. BIZ
aetallism was the most popular, II the
most potential factor in the last cam
Pngni i was the one plank common to
~ platforms A comparison Of votes
~ Congress and in conventions before
ind after the proposed repeal would
,Gtm : contrast that would put to
,aane the wonder inspiring patent
medicine advertisements Hbafore and