Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1893-11-23

that ruin commenced when the Dem-
ocracy come into power. He denied
that tho Sherman law had ANYTHING
to do with the prevailing panic, but
held it was due rather to the threat.
ened attack Of the Democratic party
on tbs present tanff laws. To the
question, Why western men were op
posed to the repeal Of the Sherman
law, wien they admitted It WAS not
what they wanted? Senator Shoup
replied that it was much better than
nothing, and asked If members werr
sincere in their protested friendliness
to silver. why they were not willing
to couple with the repeal bill q clause
restoring silver to the place it held
previous to the outrage OF 1878, or
some other measure that would be
better than the present Law?
II am opposed to the repeal Of the
Sherman law" he said, "until silver
is fully protected. 1t is the only bull
wArk between bimetallisrn and mono.
metall,sm in this country"
And again: 1T 10 the only remain
ing statute under which the govt rn.
ment Is empowered TO relieve the
money ,"arke, by adding to the gen
eral circulation. 1t is the only
method o: repl-nishinn the currency
by adding to It a safe, substantial, a nd
appreciabie increase, indepe nden,I.
OF the national banks, and without
subj 'c'i"g the people to additional
taxation"
He denounced the 'ministration
policy as being favorable t., E gland
and against the interests OF the United
States. Why should we not have q
financial policy of our own, and u, t
forever be aping that of England,
which is good enough tor that Nation
ss fS@is the great creditor nation OF
the world, bot is positively injurio' q
to our own?
lie quoted from the London Stand
ard to show that the recent closing Of
the mlnts Of India TO free coinage OF
silver was done at the dit ttation OF tile
English money power, through Il e
En2lis government.
Senator Shoup contendcd that free
coinage would greatly enchsnce the
prosperity of our country hy giving
US the almost exclusive trade of all
the South American and Central
American States. He pictured the
widespread ruin to western industries
which would assuretlv follow clos.
upon the heels of repeal, abandoned d
mines. and hrsolat+d tommuni,i.s
lie pointed out to K .stern members
that the W-st always voted TO pro.
tect the mil. and factories of the
EA.t, to protect her laborers again I
the paupers OF Europe, AMI asked VIII,
they were now so set upon destroying
the chi-f industry Of the W,s.? Wa.
this kin,i OF treatment our people Dr.
served for votin. to project Eastern io>
'iustries?
l" the great forty our contest
Senator Shonp, though we'll advanced d
in years, WAS always 1t his post, t.
hara.s the A.nk. of the j .d-d r.
pealer-, and put in telliI e blows fo
the white metal
Some "f h,s u,,erances in tho clos
ing hours Of this wonde full debate ar,
worthy Of mur- than '.sual mention
Speak ng Of the issue then pending
Senator Shoup sail: ",t is, in my
opinion, the most important nationa
question presented to Congress sine
the Organization Of tie government
it is a question rs momentous to Il
West aud 10 th. whole country II
Was the great question before Con
gr-.s in 1861. Tn. II the freedom O
race WAS ss stab g; now it is tn
financial liberty Of all classes tha
hangs in the balance. Then III
unity "f the State WAS in danger; no,
the classes seek to dominate aud IN
slave the masses of uil III. Stat.s."
Closing he said: "My h.a,t ache
hen thihk Of the utter desolatinl
aud distress that will follow nn ondi
, tional rrp-al in many localities, nc
. only in my own S.at-. but other Wes