The Windham County reformer. (Battleboro, Vt.) 1876-1897, 1893-09-01
THE SILVER FORCES ROOTED.
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abroad as to anything; hut, although he b
leved the threatened tariff revision stood
the way of recovery to great extent OF
silver policy had become dangerous obst,
His perOration drew forth more enthusiasm
from the Republicans than his speeches ord
narily evoke. Every sentence was applaud
ed. Rourke Cochran for the Democrat
gave the most scientific and 81 mmttr
cal argument CT the whole debate
age was impossible, because the two metal
could not be kept IN concurrent circulation
He quoted the history of the alleged Dimeta
lie countries to prove his case, and challenged
Bland IN vain TO dispute bis assertions. Judg
Wilson. who was pominally IN charge OF tn
bill, magnanimously told Mr. Cochran befor
the debate opened to take all the time h.
wanted and that he would be content will
the fag end. But Mr. Wilson, though tirct
with the long session, closed with fervit
bit of eoquence. He said In reply to ques
ton that te believed the administration
would favor safe increase OF silver made u
such a way as to preserve ils parity VIII
gold. without adding to the indebtedness Of
| the people by Issuing bonds. Bland is not ar
attractive speaker, though he made as strong
an argument as the state OF his cast
would allow. Mcmillan came ont against un
cor dltIonal repeal and In favor Of the free
coinage of the American silver product and q
discriminating charge on the coinage Of for
eign silver, together with demand fol
prompt action on the tariff and the repeal Of
The remaining federal election laws.
The most notable speech Friday was by
Lucas of South Dakota, who drubbed bis fel'
low Republicans from the East for helping
Democrats to destroy silver. He intimated
that when the Republicans should come to
DoDuhl;oano for holm a0Ainat n r.
duction of the tariff they might not get It.
PETER spoke somewhat In the same line In the
senate. SIT the farmers of the country" he
said. chad to compete with pauper labor,
manufacturers could do IT.; and they would
have to do 1t before the fight ended. What
was fair to the farmer was fair to the manu-
facturer."
Gen. Grout OF Vermont spoke Friday at
some length. He defended the bill on the
old "c0mpr0mise' argument, saic 1t bore
about the relation of viriolotd 10 the genuine
disorder but agreed that 1t ought to be re.
pealed. even while he wished to keep both
metals along as money metals. He predicted
trouble in tie future unless something Is done
10 increase our circu ating medium. He al
raigned the Democrats for Inconsistency and
complained of the way they had "tied the
hands, OF Republicans against amendments.
| Senator Hill made his speech Friday and
with very keen and incisive argument he
| urged TeDc4l, tOiu Luo ellVcE mSu ~ " uo tuC
only way to prepare for bimetslism, because
the Sherman law was hindrance rather than
an aid to free consge. He said he should
advocate at the proper time as permanent
remedy fire., coinage at ratio OF 10 TO |,
which now, however, was impracticaDie.
While he regretted the presidents failure to
hint at subsequent legislation which he might
favor, he should req lire more evidence than
the message contained to make him believe
that Mr.. Cleveland was mono.metalllst and
opposed to the principle Of bis party. In
such q case be would refuse to TO-
low the administration. In conclusion
he asserted positively that the tariff
must be reformed, come what may, put the
present duty was TO repeal the Sherman act,
and than adjourn to let the country get the
good effect of a restoration OF confidence.
rhe speech was marred by several filings at
Cleveland, as when in bis accommodation OF
the Sherman act be said that the president,
for obvious reasons, not desiring 10 offend
those who voted for II, politely called 1t
or message before or after his Inauguration
did Mr.. Cleveland make any alusion to tais
act, although 1t was then menace; when
be observed that 'as both platforms declare
for bi.metaIism, any body who supports mo.
no-metalism must lie nc-party politician,
free thinker, such as are found In con.
gress and cabinets and everywhere"
or when he announced that he and Murphy
would always be "unawed by patronage
Ga the question In its larger aspects the ar.
gument ran thus:
am opposed TO single standard OF gold. be
cause there Is not gold enough In the world to
hazard ard nothing in that statement; Dpt only
OK prass the profound conviction q the thought.
full people of the United States and\ OF the
people OF every other country In the whCic civ.
ilized world except the ruling powers OF Great
Britain. Their course Is determined Dy what
they regard as their own selfish home iateIes
regardless even OF the best interests OF their
colonies.
THIS great and gro wing country Of ours needs
o much larger circulation per capita than any |
to compare the needs Of our patton 10 this re-
gard with the cd, unprogreseive. 1nished ma.
lions of Europe where tho wealth is largely con-
trolled by few families,
seems to be everywhere conceded ANA
yet there is an unacrountablc reluctance to es.
lablish permanent financial system under
which that deficiency can be easily supplied.
TIE proposition now before congress- to allow
The national banks tn increase their circulation
10 per cent-and which proposition l earnestly
Increase of the currency, yet 1t Is strange
spectacle which Is presented when we witness
hat those who are the most clamOrous for such
Increase at the present junctute are usually
holding up their hands In holy horror and sol.
,mnly protesting asainst any other increase of
The currency-especially an increase OF silver
money as imitation, when In truth both silver
md gold are money metals absolutely iDcapa'
ole of inf alton. Ii
On review of the successive acts of the none.
airy drama statesman of sense will doubt not
through he ages one increasing purpose runs.
admit, for firm, that the British new tangled
heory of gold monometalism ia an Ignorant, In.
'ulated. weak.minded theory, ike their tt cory
If taxation without represen tation before 1875,
Ike their theory Of impressments for the British
lavy In American shops before 1872, like their )
heory OF IRRESPONSIBLE naval Intervention to as !
list the disunion OF these states before the Ala
We need not be disturbed about the increase
q the production Of silver. 1t cuts no figure In
he solution OF the gaeat monetary problem. The
nnuai Increase is not per cent Of the worlds Q
otai supply. =
When the gold mines OF California were dis
overed, In 1919, Europe became frightened aud :
s,,h , loudly Of fear or being deuged
hown to be grOundless. and that gold proved to 4
e blessing to poverty stricken world. His r.
DRY Will repeal Itself in our American history of
odsy. and silver will perform the same bene- +
Client purpose that gold did then. 1t lie for the
interest of the United States to insist upon eil.
er being part OF our standard mosey, for we i
7Orl6. q
1.-THE goal for which the country should sieadi. =
strive Is, first, International bimetallism lin h
greement with at least few leading pations-I
nd II that is absolutely impossible OF achieve u
,ent then independent bimetalllsm at the EARL.
81 moment when the condition of our 1panc, o
nd conditions aboard will safely warrentt. 1t q
} Impossible 10 say In advance when that \
loment will arrive. 1t may never come. II q
erfainIv Is not at present. There must be ad. n
luate preparation. revised laws, competent =
administration before such result can be secur.
d. III pledges In platforms amount to anything p
Mess they are 10 be regarded as mere set K
hre SEES With which to catch votes and not to be
llBl ed, then both the great political parties are
)lemnly pledged to a return to that b,metallic 4
stem " hch existt prior to 1873. There nav a
0 permitted differences. as to ratios as to minor ~
gle sk1.l