New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-23
PRICE THREE CENTS.
MIR. VOORHEES, FOR REPEAL.
HIS SPEECH IN THE SENATE.
THE CAUSES OF HIS CHANGE OF HEART
NOT UNVEILED

AND AN ADVOCACY OF WILDCAT
CURRENCY-No DEBATE ON
THE MANTLE CONTEST.
IBr TELEGRAPH TO THE TRIBUNE.I
Washington Aug 22.-Though two additional
days were granted yesterday for debate on tho
Mantle resolution at Mr.. Vances earnest entreatys
that pressing question Of personal privilege was
wholly ignored by the Senate to-day, not a word
being said either for against the claim Of tho
Montana Senator. After a scattering discussion
by "unanimous consent" of the repeal bill re
ported by Mr. Voorhees,, the latters bank circula-
tion bill was taken up again for an hour or two.
but no progress whatever made with it, and
the session ended with the prospect of prompt ac-
ton of any sort by the Senate as distant as ever
Tomorrow another day will be frutlessly con-
sumed in settling finally the hair-splitting puzzle
of Mr. Mante's title.
Mr.. voorheess much advertised speech in sup
port of the unconditional repeal of the Sherman
act was of course the chief incident of interest at
to-day's session Repeated preliminary announce
ments had whetted public and Congressional curl
osity to an uncommon extent, and there was o
large and attentive crowd on hand in the Senate
chamber to enjoy what was expected to be more or
less of an interesting personal apology for the In-
diana Senator's recent decided change OF views on
the financial questions As the leading Democratic
convert to the unconditional repeal pro-
gramme of tho Administration, II was thought
that the chairman Of the Finance Committee would
undertake to square in some way his present attl-
tude with his past record and recant more or less
openly the hercsies from which he had been so
successfully weaned by the President and Secretary
Carlisle In this regard it must be admitted that
the Indiana Senator's speech clearly met the an
ticipation which filed the minds of those who
came to listen TO him. If any Of his former free
coinage associates had counted getting con-
else and Ineligible explanation of his change OF
views they were doomed TO disappointment.
MORE THAN DELPHIC UTTERANCE.
The keynote Of his argument for the uncondi-
tional repeal of the Sherman act seemed 10 con-
sist of the repeated assertion that he looked on
such action as the most direct and most certain
toward securing hereafter the free coinage OF
silver and with this more than Dephic utter
ance the intelligence of his auditors was lefo
TO wrestle unaided. Perhaps more significant
side light was thrown upon the speakers atti-
tude by his elaborate audation of the President
and Secretary Carlisle. to whose admittedly su-
perior Judgment, Mr.. VOORHEES, hinted. the will OF
the party, and Of any and every faction OF
il. should he content penitently to yield.
II the causes of Mr.. Voorhees, change OF heart
on the silver question were left thus N"ued ana
probcmatical, his opinions on other less vlt2l Ia
sues were pronounced enough to impress even
the most obtuse listener. His violent ASSAULT
on the National banks and his advocacy of the
revival of wildcat" State currency, whatever
relevancy this may may not have had to tho
tonic on hand, had the merit of puzzrg no
one who has ever before listened to Mr.. Voor-
hees's oratory They dated back to his ante-
conversion period and had long been familiar as
oppendices 10 former arguments for free coinage
and cheap money" The only surprise they
caused to-day was their novel association win
an argument ostensibly III advocacy of the sonnd-
money" programme of tine Administration Friends
of the President could not well understand, nat
urally why the Indiana Senator, after uncondi-
tonally accepting the Administration programme
in the first half of his Speech should in the SEQ
ond half seek To undo all thc effect of his con-
version" to repeal by setting Up side issue like
the revival of the State bank system, which IL
At present the greatest peril IN the WY ot repeai
legislation Ii is through State bank
circulation amendment 10 the repell bill, rather
than through any ratio of coinage amendment.
the tght will be made to so encumber anu
cmbarrass repeal that IT will no longer be
acceptable either TO the Republicans in Congress
or 10 the President
COMMITTED TO AN INCONSISTENCY
Yet in the same breath with advocacy of repeal
the chairman of the Finance Committee commits
himself and his party colleagues to radically
Inconsistent and hostile dea which, If successfully
pushed, will ruin the prospects of the single
measure which the Administration has submitted
as a programme of relief to the country. But
whatever may be said of its various blemishes,
Mr.. Voorhees, speech had a sound object in view
in the MAN, and did much doubtless to help the
crusade for votes now being conducted on the
Democratic side hy the Administration managers
Senator Dubois followed Mr.. VOORHEES, in
speech strongly against repeal and for the free
coinage Of silver at a ratio of l6 to instead OF
30 to 1, proposed by Mr. Vest.
SENATOR VOORHEFSS SPEECH
Mr. voorhees, said that while the calm unbiasscd
public opinion of great majority OF the American
people irrespective Of parties had justified the acuoa
OF the President In convenlng the extra session. inc
causes for the actor widely and dangerously
misunderstood. and by certain classes purlosey n''
represented. Therefore he deemed htths i
words in explanation. spoken In no spirit OF s''',e
controversy. For five months had gone up ,he No'..
of the pronhet Of l~NnciaI evil. From the great
money centres had emanated cruel etict- co"''''"s
the currency and resulting In pane. w ~ u
licvcd there was want OF conhde'"' u" ' ..
ment credit or In the stability of It's c"''''' ,.
withstandlng the empty Treasury lei' ~ '"o .
Administration and the record of pi'o"o",''
c,,,,ro.s 1, ,merc,n credit was better 'o'oHy
,h,n ,b,, y, amy other country on the gio"' anu
,yor oow.rdlv c,pital seized upon our oonds WIN
swift greed. Investors e capital con9lan'n una.
the Administration had refused 70 issue as =, sas'
s3oO 600 900 more bonds. ihis """'"o ~ ,,
,,''-oas,n, the burdens Of American labor.
',, -" ha,,ed with the keenest delight and swept
',,h oyaity into unparIoic vaults by the very
"i', 49,, ,a most loudly decaImed against the Gov
crnment credit
cyrDIT STRONGER THAN EVER BEFORE.
,r,ore are many reasons why our credit should 10
-. now than ever before. II rested on tho
snsn,u,e unity OF purpose OF the American people
.,., n shouIi te upheld. No one but a political
iticaI last I'm fry