Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1893-08-23

Interest in the financial discussion 10
Congress was transferred TO the Senate
te-day, when Senator VOORHEES,, OF In
diana, made his great speech iustifying
his position for voting for the uneOndi-
tioRal repeal OF the sherman act
Nearly one-third the entire member
ship OF the House was gathered in the
rear seats and aisles 10 listen TO the
Senator's argument, and the galleries
above were packed TO suffocation.
Chairman Bland, Of the House CON-
mittee on Coinage, occupied a seat just
TO the left and nearly facing Senator
VOORHEES,, and gazed rueiully at him
during the entire course OF his speech.
The speech Of Senator Voorhees, was
one OF his greatest efforts, and while
the Senator did not aoate one Iot or
title his past bi-metallic record, the
burden OF his argument was directed 70
proving that the repeal Of the Sherman
act was an abstract proposition which
as a necessity, could have no material
effect on the merits Of bi-metallism as a
public policy.
Probably not since the days when In
gals magnetic eloquence drew such
crowds 70 the Senate side OF the Capt.
tOl that the galleries could not accmmo-
date those who wished 70 listen TO his
oratOry has such an assemolage gath
cred IN the seats reserved for the public
In the Senate chamber as that Of to-
day. Not a seat remained UnOccupies
when Mr. Voorhees, took the floor, aud
all along the walls were men and
women standing.
The speech had been prepared In ad-
vance, and be delivered 10 from type
written steets But IL was spoken with
all the energy and vehemence that Mr..
VOORHEES, has ever dipsiayed in speech
before the Senate.
SENATOR yORHEEs'S SPEECH.
Senator Voorhees, said that while the
calm, unbiased public opinion, ire
spective OF parties, had justified the
action OF the president 10 calling the
extra session, the causes for the action
were widely and dangerously misunder-
stood, and by certain classes purposely
-misrepresonted. Therefore, b goeemed
fitting q few words OF eVAanation,
spoken In no spirit OI -ssEllsiI or con-
trOvsrsY.
For Eve months had gone up the voice
Of toe prophet OF financial evil. From
the great money centres had eminated
cruel edicts, contracting the currency
and resulting IN panic. No one believed
there was want OF confidence In the
government credit or in the stability of
its currency, Notwithstanding the empty
treasury left by the last administration
and tbs record Of a billion dollar Con-
gress. The American credit was better
to-day than that Of any other country
on the face Of the globe, and
even eOwardly capital seized upon our
bonds with swift greed. Investors Of
capital complained that the administra-
tiOn had refused to issue 81 least $780,
OOO,O 900 more bonds. This additional
Indebtedness, increasing the burdens Of
American labor, would be hailed with the
keenest delight and swept with avidity
into unpatriotic vaults by the very par
ties who most loudly disclalmed against
the government credit.
There were many reasons why our
creditshOuld be stronger now than ever
before. IL rested on The absolute unity
OF purpose Of the American people that
10 should be upheld. No one but pO-
litlcal madman could deem political
contest in this country ever again pos
slole on
LINES OF SECTIONAL. ANINOSITY.
The public credit Of every European
government was Increasingly threaten
ed by shadows OF coming wars. Finan-
cial resources there were constantly
Sweakened by vast standing armies and
permanent navies, but throughout the
wide earth there we're none 10 mOlest
us. or make US afraid Of war, or rumOrs
of war.
The Interstate Commerce OF the
United States alone exceeded the entire
fore commerce and carrying trade
OF eat Britain, Germany, France,
Austria, Holland. Russia and Belgium
put together. Development OF internal
wealth on the farm and 10 the factory
dwarfed into insigniicance the achieve.
ments OF any other age, race, or nation.
Legislation had checked ont foreign
trade aud We had not to-day a CONNER
sial friend I'm the world. For every
law that we enacted denying 20 foreign
productions place in our markets and
declining commercial friendship we
might be certain OF an injurious blow
IN return.
Mr.. VOORHEES, contraSted the demone-
tizstlon OF silver with the policy OF
France IN issuing aSsignats after the
Franco-Prusslan war with full legal
tender oualitie- which enabled her 10
maintain she 7gest fnancisl credit
IN Europe. He said he had referred 30
these things 20 illustrate the power OF
the duty aud government 10 furnishing
sound, reliable aud constitutional
money for the people. At this point he
said be was confronted by law without
Drecedent er parallel 10 American his
torv: law which for months past had
been the theme OF all tongues and pens
snd IN whose name financial panic,
a, a and distress had been invoked,
and " whose repeal this
CONGRESS HAD BEEN CONVENED.
Mr. VOORHEES, brie stated the birth
- tbe law, which res tied from 3 CON-
0romfse. and said THAI IN an evil hour,
80 worst and darkest that ever befell
tbe cause Of bi-metallism or the honor
and existence Of silver money, this per-
nTcious compromise was accepted and
fastened on the country.
The Senator from Ohio (Mr, Sher-
.sn1 it wss true, now claimed credit
sor his repeated assertions Of late that
hers had nsver beep az hour sinee the