The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-09-07

were not it's makers and upholders OF
that declaration of policy and purposes
open to the charge OF insincerity and OF
so framing words as to deceive the
people whose suffrages they were seek
ing?
CRITICISM OF MIR. GORDON.
Democrats were put in power and NJ.
Cleveland, though known to be personally
hostile to the use of silver, was elected
because the people believed that he
would carry out in good faith the
promises made for him in the platform,
and to which he acceded in his letter of
acceptance. In the fulfillment of these
promises the first thing done was to
yield to the clamor of capitalists and
anticipate the regular session of Congress
for the sole purpose OF stopping the
coinage of silver and nothing more.
In reply to Senator Gordon's query
why the friends of silver halted between
unconditional and conditional repeal,
Mr.. Vance said that by conditional
repeal we united the Democratic party,
or at least all true friends of bimetal-
ism. By the proposition of uncon-
ditional repeal that was impossible.
not the most potential factor in the last
campaign. 1t was the oneplank common
to all platforms. A comparison of votes
in Congress and in conventions before
and after the proposed repeal would
form a contrast that would put to
shame the wonder inspiring patent
medicine advertisements "before and
after taki1g.'
Referring to Senator GOrdon's change
of front, he said he believed he would be
condemned out of his own mouth and
would be compelled to say like the wild
eyed, long haired man who accompanied
the temperance lecturer, 81 go along
to serve as frightful example" Giving
and taking was fair, but when one side
did all the giving and the other side all
the taking, it amounted to a surrender.
Thirty days from this time all obstruc-
lions to the business of the world would
have passed away, and to-day according
to the leading financial papers, an up
ward tendency was everywhere mani
tested. He called upon his friends to
take heart and stand by the object Of
their love little while longer. To insist
upon repeal in the face of the admitted
fact that the Sherman law was not the
cause; the trouble was an acknowledge
ment that it could not be repealed with
out some substitute in cold blood and in
times of reasonable prosperity.
NO SILVER BILL WILL BE SIGNED
In view of the attitude of the President
he knew and other Senators knew that
any bill providing for either the free
coinage or the limited coinage of silver
could not become law, and to permit
hepassage of this bill without attaching
some other legislation to it-knowine
that other legislation could not be
secured Independently and by itself-was
to consciously surrender and turn their
backs upon the pledges made to the PEG
pie. If Democrats did this they must dc
| it with their eyes open to the conse
| quences and knowing that they wer,
| subjecting themselves to the serious &C
| cusations of their constituents. If tn,
| Democratic party did this it would cease
to be the peoples friend and become tn.
subservient tool ofcombined capital anG
constitute in it's legislation the Inca
succession of the 80 years of that Re
publican rule which they had Away.
heretofore denounced as building up thu
| combinations and corporations which
have well nigh absorbed the wealth o
| the country.
After dwelling for time upon the pro
duction OF the two metals and their us,
as money by different governments Mr.
Vance concluded his speech by declara
| ton fay oring the free and unlimited
coinage of silver and explained why h
thought this could be accomplished an(
| maintained.
Mr.. Vance delivered the speech from
printed slips, brought close to his vision
by a hall dozen large volumes piled upo,
his desk. His manner was, as usual
very humorous, and the witticjsms which
glittered all over the production wer
provocative Of frequent peals of laughte
on the floor and in the galleries.
At one point in the speech Mr.. Vanc
allowed Mr.. Cockrell to put in a state
ment, furnished by the director of tn
mint, showing the aggregate production
and coinage of gold and silver in all tn
nations of the world from 1873 to 1893
the recapitulation being as follows:
Gold - Production, $3,21O,OOO, 900
coinage, 50, 1877 100000.
Silver - Production, s., 400, OOO,O 900
coinage, 1892 100000.
And Mr.. Cockrell laid stress upon tn
fact that the coinage of gold exceeded
the production by $577, 100000, Will
the coinage of silver was $4,000, OO(
less than production.
Mr.. Vance resumed his seat at 2 d. IN.
having occupied an hour and fort,
minutes. He was soon surrounded b,
Senators Offering their congratulations