The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1893-09-12

passloned article in The North American
neVleW, IN favor of free coinage, described
his colleague as follows:
Now, however, those who eighteen years
ago wrought under cover for the destruction
Oh half the honest, debt-paying money
oI tne American people, are as well known
as II calcium light had been turned on
them, and are as universally distrusted by
lhe PLAIN, lab0rlng and productive masses
as If they had been caught in the commits
sion Of crime This feeling of distrqst Is
most distinguished opponent of silver money
IN tine United States and more than any
of 1873 on that subject
But L suppose the amende honorable OF
the senator from Indiana yesterday may
possibly be held to cover this article as well
as the utterance of four years ago, of which
the honorable senator from Ohio com
planned
has been before three national conventions
of the republican party seeking a nomination
for the presidency, and seeking 1t IN yam; 10
spoken of with respect as "a of ability
and large experience, and more especially
so Ia connection with the finances OF me
sides Of every financial issue for more fhan
quarter of a century past but it Is also true
that he has always yeered IRON n one px o,ltt
time when his services were most valuable
to the money power. and most oppressive Y,
to the laborng overtaxed: debt-paylng farm
ers and wage workers Of the country,
I hone the senator from Indiana will not
be able to catch up with him. Q.aughter.)
And vet. with all his eminent services in
behalf of the financial centers, as they are
called banking corporations. usurerS' inter
est-eaters and parasites on human labor gen
orally the leaders of the hep9oHican n,t Ron
convention to cast the vote of that state
for him. ooo
The opp9rduuity was prSs6en ef IN 1Ss"
which the moneyed interests We're under to
Mr.. Sherman was not denied, but a Whoie-
some fear that the plain people would resent
at the polls his hostility. to their Interests
restrained the impulse Of granitmde i; H. I lll,
deed. such a sensation as gratitude Is ever
known to organizer wealth. .
But it is different now Inc WolI Is
dwelling with the lamb, and the leopard
is living down with the kid. Q-aughter)
This delightful harmony, ! fear, VIII NOT
long continue, and when they arise they
will be fewer in number. QLaughterl 1here
can be but one chairman of the hnance
committee, and without in the least under
rating the abilities Of the senator from
Indiana, those of us who have watched
the course of financial legislation Tor the
past twenty years, commencing Wlth the
decentralization of silver in 1913, must be
hardened if We look forward to the re-
sumption of the control of the committee
by the senator from Ohio, and II we recall
in this connection old Pharaoh dream ol
the lean kline.
In what | have said | beg to be under
stood as offering no harsh personal criticism
respecting the senator from Indiana. ne
has been so long the advocate OF SILVER
that | cannot yet believe he VIII deSert
the cause or cast his vote Tor uncohu!'loiiai
repeal. | only venture to remind NM III
view of his past utterances, tnat oid 0oio-
mon did not belle his reputation Ior Ms
dom when he said: cit is better thou
shouldest not VOW than that thou shouldest
vow and not pay.
The report of the finance committee,
signed by two democrats and by Tour re-
publicans. and not concurred III by four
democrats and one republican, is bcdccked
with plumage which it has no right to
wear. The issue is clear enough and no
body is deceived by the verplage OIL the re-
port.
Silver is to be demonetized-the Sherman
law ia he robbed of the purchasing clause.
There is always tomorrow, and it is I'M
wise 70 close our eyes to the character OF
the proposition.
No man can be a bimetaylist in the sense
+bot no believes in the further coinage OF
hotb gold and silver by the United States,
and advocate the bill. The president OF
the United States will undoubtedly veto
any Independent measure Tor 'he Ilee e"; ~
noa of silver. and there is not senator III
tbis hodv who does not believe this to be
trne. The only possible chance to save
silver is 10 couple any provision looking
to y change in the Nherlh;'h
act with some measure, fecoghz-
ing and establishing SILVER con
o@n ANY man who will Vouch Tor MI
Cleveland as a blmetalilst "ouu N0u0N
for the man in the moon.
Il is urged upon us that we have been
called together for special purpose, ana
t%at # i our duty to accomplish that,
and that only. and then go nome IL Is
everywhere admitted that we need turtn II,
legislation respecting silver pu5 II 10 W. W.
said that we can have that later. why
NOT now? Congress is in session to deal
with the financial question. We are an
Of ms advised as to the situation. we shall
never know more than we know now
about silver. 1t is conceded on every mana
that the Sherman act had nothins ~ Nv 10
with the existing financial PANE Ineh
why NOT at this time determine the poll'y
which this country should follow, ana
bring the subject to a tinalityF
We are told that it is essential that we We,
act quickly. Very true, and IL we are an
bimetallists and all favor the lePe ~
of the sherman act no obstacle stands IN
the way of speedy action. And may pc
Dnrmitted to suggest to the gentlemen who
are in so great Il hurry that II time be
of value to them they may, perhaps secure
the repeal of the sherman act Tar more
provision for silver coinage than IN the
way suggested by the financial committee
If may be true as the senator from New
York last week foretold with confidence,
that the purchasing clause of the sherman
act will be surely and Internationally re-
pealed; but it is equally true that he may
POSSIBLY find it necessary after a. time to
revise his prophecy.
Since this subject was thrashed over dur
inc the last congress two reasons have
been advanced why silver should cease to
be either purchased or coined a our minis
They are perSistently presented to us by
the advocates of the bill reported by the
finance committee. They are, first. that
orr abandonment of silver will compel Eng
land to agree to an international CON
ference. and to the restoration of silver
rs a money metal to be freely coined as
offered: and the other, that the repeal of
the purchas sing clause of the Sherman act
will restore confidence in our finances and
onr institutions to the people, who have
lost faith in both.
We are constantly assured that our
abandonment of silver will force England
10 an international agreement. This may
be true. There is not gold enough in the
world to do it's business, and some day
this will be recognized by monometallist
countries. But the time is far away.
CAPITAL is strong and selfish mis- senate
chamber today is the best possible exempt
fcation Of its power, and long period OF