The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1893-09-02
THE SILVER DEBATE.
The General Drift of Argument or the
Silver Question In Co1=ress Gathered
from tho Daily speechmakins ON the
Subject.

| SHvef Vuo<tiOn IN Co1SroSS Gathered
from tho Daily speechmakins ON the
Subject.
| WASHINGTON. Aug. ss-Mr. Allen (pop,
Neb.) gave notice Of IN amendment which hc
would offer TO the Lii reported by Mr. voor-
hees, disseminating the purchase OF silver bull
lion.
Mr.. Voorhees, '(dem-. Ind }, chairman Of the
finance committee. then at less p. NJ. took the
| floor and addressed the senate In advocacy Of
the bill reported by him disseminating the puf-
chase Of silver bullion.
4 in the course OF his remarks Senator voor-
bees said that while the calm unbiased pub
| lie opinion Of . great majority OF the
American people. irrespective of parties,
had justified tho action Of the president in
eonvening the extra session. the causes for the
action were widely and dangerously misunder-
stood. and by certain classes purposely mis-
represented. Therefore, he deemed fitting a
few words In explanation spoken in no spirit
Of strife or controversy. For five months had
gone up the voice Of the prophet of financial
evil: from the great money centers had
emanated cruel edicts contracting currency
and resulting in panic. No one believed there
was want OF confidence in the government
credit or in the stability of its currency. Not
| withstanding the empty treasury left by the
last administration and the record OF hilliou
dollar congress. the credit OF The government
was to-day better than that Of any country on
the face Of the globe and even cowardly capital
lists seized upon our bonds with swift greed
There were many reasons why our credit
should be stronger now than ever before. 1t
rested upon the absolute unity OF purpose OF
the American people that It should be upheld
No one but q political mailman could deem q
political contest ever again possible on lines
Of sectional animosity. The public credit OF
threatened by shadows OF coming war; fnan-
cial resources there were constantly weaken
ing by vast standing armies and permanent
navies, but throughout tho wide earth there
were none TO molest US or make US afraid OF
war or rumors OF war
Mr.. voorhees, said that he spoke In no parti-
san vein, but yet 1t was with great satisfaction
that he quoted from the Record that not single
vote on his s;le OF tie chamber was cast for
the act which bore the name Of the senator
from Ohio to such a peculiar eminence.
Mr. Palmer (dcm ILL argued in support OF
the bill He expressed the opinion that the
great majority Of the American people would
not only approve hut would rapturously ap-
plaud legislation that would establish and
maintain the bimetallism OF the Chicago con-
HOUSE.
The silver debate was resumed and Mr.
Brickner (dem., Wis., addressed the house in
Mr.. Lane dem. I'LL spoke in support OF free
coinage, contending that silver dollar was
the equal Of the goli dollar. A silver dollar
was worth one hundred cents in any tank or
in any store in this country. He was praying
for free coinage and might God forget him il
he forgot his duty. lApplause.l
Mr.. Bynum (deu1.. Ind.), in advocating the
Wilson hill. said that unquestiolably the vast
majority Of people believed that the Sherman
law was responsible for the evils OF the pres
cnt time. BY this fall the government was
losing more than s100Oo,0JO q year. Gold was
l eing exported in large sums. He highly eulo-
gized the action OF Secretary Carlisle for his
refusal to issue fonds. The time had come
when subterfuges should be driven from these
halls and confidence restored 1t was said that
silver had appreciably fallen in value during
the past twenty years because during that time
Il had been under fire. There might be some
truth In that assertion. The United States
could not open its mint to free coinage At any
ratio with the mints of all the other civilized
nations closed against it
SENATE.
WASHINGTON. Aug. 23-Mr. Pascoe dem.
FlaJ gave notice Of his substitute to Mr. Vests
minority bill for silver coinage at the rate ofeO
toi.
Mr.. Hoat rep.. Mass made an argument
against Mr.. Buffers amendment 10 tho na-
tional bank circulation act, repeating the ~
per cent tax on state bank circulation He
said he was opposed TO allowing the state
banks issuing and furnishing currency. The
people were entitled TO have 4 currency. every
dollar OF which should he equal to every other
and which should he unchanging in value so far
as the wit OF man could tring that TO pass. The
currency should be national II was the func-
tion Of the national government TO sec that IL
was provided. II never had been and never
would be provided by the states He desired to
relieve the distress of the people by authoriz
ing the use OF national bank n6ies, which were
secu1eand safely guarded and every dollar OF
which would be asgood as q gold dollar in the
POCKETS Of the people, and. in view of the prob
able Eepeal OF the purcha sing clauses Of the
Sherman act. he was also willing to take
measures in concert with other commercial
countries for restoring silver TO its proper and
permanent place In the service of mankind.
:, HOUSE
The debate was opened ty c. W. Stone, Of
Pennsylvania in favor OF the repeal, and his
remarks were ably seconded by his colleagues
-Dalzell. Ryan, FSicn and Covert, who also
spoke against free-coIlage. - -
Mr.. Hatch MOI a.gued against the Wilson
bill.
Messrs CofIeen (Wyo) and Taylor (Tenn.)
both upheld the cause Of silver. and were rein
forced by Messrs. McGruder Cali and Bell
(Tex).
Mr. Hicks Pa) closed the days debate in
favor Of the repeal bill
sENArE
WARRINGTON Aug. GA rather amusing
scene took place In the senate chamber to-day
on the question as to whether Mr.. PETER (pop.
Kas) or MIR. Stewart rep, NepJ should have
the privilege Of addressing the senate. Each
had given notice Of his intention to speak yes
terdny. and both had tcen crowded out by the
discussion on Mr.. PETERS resolution as to the
national banks The Kansas senator claimed
precedence because he had been the first to
give the notice. while the Nevada senator
insisted that that had nothing TO do with the
question. and that as he had already been rec
ognized by the chair he was entitled to ths
floor.
The vice-president took that view of the sit
uation. and recognized Mr.. Stewards right.
As the latter then offered to yield to Mr..
PETER, the vice-presldent treated that offer as
IN abandonment OF tho floor And Immediately
recognized Mr.. PETER who thereupon began a
three-hours' speech en- the silver question.
He was followed by Mr.. Allen (pQp., NebJ
who spoke for over IN hour and half in sup
port Of his amendment proposing to add to the
Voorhees, bill proviso for the free and un-
limited coinage Of silver at the ratio Of is to l.
HOUSE
This was q field day in the house. Mr.
Pence the populist member from Colorado.
spoke and strengthened his position as one OF
the rising men Of the house.
speech by Mr.. Dingley was the feature OF
the day. hut his poor delivery detracted ma
terially from the able presentation Of his sub
ject
Mr.. Kemp (pop.. Neb) was In favor Of re-.
coinage and contended that II the president
and Secretary OF the treasury had performed
their duty there would have been no encroach-
ing on the reserve.
Then the floor was taken by George Wash
ington Murray OF South Carolina, the repre-
sentative Of the colored race in congress He
said there were three distinct and somewha,
nntagonistic elements. There was class com
posed OF bankers and commercial men, who
controlled the currency. The second class was
composed Of the owners Of silver mines and
and all the uncoined bullion not in the posses
sion of the government The third class was
composed Of toiiing and producing millions
who were neither gold bugs nor silver bugs.
IApplause.l
To the last class nearly all OF his constitu-
ents and his whole race belonged Applause
In many respects he represented larger con-
stituency than any other man on this floor. He
represented q constituency Of 5000 and he
represented q race Of s.0Oo0oo
He did rot believe that the great troubles
now existing were attributable 10 the Sherman
Law. His race had felt the mailed hand long
before fspa He attributed the distress to the
contraction OF circulating mediums; and In his