St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-07-01
the stock exchange closed, so as to avoid
any appearance of exercising undue in
fuence on the stock market.
CoNGREssMEN's COMMENTS.
Senator Voorhees, Thinks the
President Acted Wisely.


WASHINGTON, June 3O.-The effects
OF the announcement upon senators and
representatives in the city was very
marked. Senator Voorhees,, chairman
of the finance committee, first knew of
the presidents act when informed by
an Associated Press representative. He
was not surprised.
THAT being the case" said the SEN
ator, "it will not be long until we are
again at work. lnasmuch as congress
has to deal with this subject of finance,
1t is well that we get about ii, and the
sooner the better. | do not know that
congress can or will bring relief to the
country, but it is simply to make the eff
fort, and. there is no wisdom in delay.
The condition of the country,
certainly 10 my mind, deserves
prompt and decisive action, es-
pecially in view of the fact that every
body seems to be depending upon con-
greSS for solution of our financial
troubles. | think the president has
acted wisely, and | have no dOabt that
as soon as congress gets to work it will
repeal the Sherman act. | voted against
the Dill when 1t came no OH yea and
nay vote when it passed, and told the
silver men who supported il that it was
not the Legislation they needed for sill
yer, and that they would live to regret
the day they supported it. That day
has come. L, for one, shall vote for its
repeal. 1t must not be understood,
however, that | abate Il single lot of my
adherence to the coinage and the use of
silver as money under proper reguIa-
tl0ns for its parity with gold"
Senator Harris, president pro TEN, of
the senate, could not be seen personally,
but from one to whom he had spoken
relative to the calling of all extra ses-
sion 1t is learned that he expressed the
belief that the sooner it was done the
better it would be for the whole coun-
try.
Representative D0ckery, of Missouri,
declined to discuss the probable action
OF congress when il came to do with the
money question. II can express no
view upon the subject" said sir. Dock
cry, "fOr the reason that | have not
talked with enough members to know
whether the Sherman law can. be re-
pealed or not. Unless T. know what d
canvass would show, it would be foolish
Tor me to make prediction. So far as
the action OF the president is concerned,
Ithlnk 1t is eminentiy pro per, under
the circumstances"
1T Is good thing" said Mr.. Bynum,
OF Indiana, land | believe it will result
in tile repeal of the Sherman law, at
the door of which much il not all the
present financial trouble can be laid.
The earlier congress repeals the Sher-
man act the better it will be for all. l
believe it can be repealed, and fail to
see any great difficulty in WipIng from
the statute books a law which every
body condemns and nobody favors. In
diana Is for repeal u
II voted against the Sherman act be-
fore, and will vote for lis repeal now"
said Mr. Brown, of Indiana. mir.
Sherman's law has been terribly expen-
sive to the country at large. The Sher-
man act, it is claimed. was passed TO
prevent the enactment of free coinage
bill. 1t would be nearer the truth 10
say that it was passed TO keep Mr. Har-
rlson from Vetoing a free coinage bill'
and appearing before the country as an
opponent of silver"