The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1893-09-02

IH.E
is repealed by the lower house OF con-
gress after thorough discussion IN
which the ablest men of all parties par
ticipated. On the last day of the debate
Bourke Cochran, Tom Reed, Col. Follows,
Bland, Allen, Wilson and others deiiv-
cred magnificent addresses for and
against the unconditional repeal OF the
Sherman act and the free coinage OF
silver. The anti-silver orators on the
last day were undoubtedly superior to
their opponents in debate and that fact
influenced the vote very materially. The
different amendments to the Wilson bill
were voted on successfully according to
a prearranged program. The first amend
ment, that silver coinage be continued at
the ratio Of is to l, as provided by the
Sherman law, was defeated by 225 to l2s;
the second, that the ratio be II to l, was
defeated by 226 to 100; that the ratios
be 10 to l, 10 to ! and 20 to |, were also
defeated by about two to one; and the
sixth and last amendment, to revive the
Bland Allison law, was defeated by vote
of 2l3 to 1876 or by majority of u, every
member of the house voting except two
or three who were absent through illness.
The same number voted on the Wilson
bill in the proportion of 239 to ITO. The
Sherman law is therefore repealed so far
as the house is concerned, and the senate
has now to take action. What the senate
will do is problematical, but it is likely
that it will pass the Voorhees, bill which
is substantially the Wilson bill, differing
from it only on bimetalllsm on which the
Wilson bill is negative, while the other
declares positively in favor of both metals
upon parity. The repeal of the Sherman
law is in accordance with Democratic
principles. as it was denounced in vigor-
GUS terms in the Democratic convention
of last year. Every Democrat in the
house, however, did not vote for it's re-
peal, the record showing that IS Demo-
Gratis voted no while 100 Republicans
voted aye. If the Senate passes the
voorhees, bill, which is substantially the
Wilson bill with the exception noted,
and that the House concurs in it's phrase
ology, then we will have repeal of the
Sherman act, and congress will be
pledged to bimetallism. Every silver
dollar now coined or in circulation will
be declared equivalent in value to the
gold dollar, but there will be no more
coinage of silver for the present. There
will be no interference whatever with the
$500, 100000 of silver money in use, which
will retain lts legal tender qualities and
it's purchasing power the same as gold.
It's parity will be maintained in the future
as in the past, and the passage of the
Wilson or the Voorhees, bill will not
demonetise or drive out silver and neces-
state it's replacement with gold.
By the acts of the last Republican adj
ministration "a condition, not theory
has been forced upon the party now in
power, and while it is somewhat divided
in it's opinions as to how best to restore
the country TO healthy and prosperous
condition, the earnest, honest and can
did manner in which the Democratic
representatives at the. national capitol
have entered upon the work before them
leaves no doubt OF the final outcome.
There will be no step backward now.
The tariff as we'll as the silver question
will be settled by the present Congress
and in such manner as will rebound to
the best good of the country as whole.
The party in power, backed by it's repre-
seutatives, is sectional in nothing. 1t
has but one object in view, the success
and prosperity of all the states-north,
south, east and west-and the day is not
far distant when all it's aims will be
realized.