The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-08-27

pnthrilcnly. tho world over. so Closet
road. because OF the tact that the drain o;
gold from the United states since the passage
OF the sherman lay In lsV e"f bn Ts que % ths
Of the loss OF gold. and dis,rust was sngen-
sion set in. and to-day the country is suffer
ing all the cnlamitics OF n restricted circula,
ton in the midst of an abundant supply oil
"This. them" continued Mr.. Reed. at tho
present moment, - the situation IN when we, we
outward circumstances which nave, Mtendet
our present position. Jailed to state July what
undcrlying cause Of the present condition OF
affairs. lean, characterize. in single phrase
II is tho understandable uncertainty of tho fn-
turc OF both the currency question and tho
question q election and revenue ha saT Tn that
do not regard, the sherman act az. II Itself
alone. responsible for our present condition OF
present disaster undcrlic that: that the neces::
sary stopunge of hundreds and thousands OF
mills i'll This sGny is at 10 ,h Eeeve h"
the sherman act and the accumulation OF sill
yer in the Treasury was the earliest inuicat"f
that 1t has played a part. not entirely untortu-
nate. in warning us that We can re saved from
~ d" not believe that the Dcmocratlc On.
gross. even Influenced. as it will be. by the
on t.! H. part VIII # st ,ho rs EToD' tho S
tariff that the nottingham will he
H9Hsht hack even to he ; sS1t bn
thai there yin he doubts and, linlcnlties AMI
reductions | have not the sightest doubt. The
h has nSt VIII II. h hond. s qhouF
and he will coon see his real estntc reduced
beyond any icnr Witch ~ sntsrtHnea ftar
Of the wages % the laborer. unless 10y great
good fortune the laboring man. by demon,
understands this question in such fashion
that he will refuse to ALLOW 1t to he mis-
uyter;stooh by his memEHr Of CongTSss s;,or ~,
repeal. he did not think II would be an imme-
,lntc cause ot n revival Of the prosperity OF the
real Tor two reasona: First. because. whether
Justly or not. the Sherman law Is helicycd to
currency throughout the country: and second
because only by repeal could the nation hone
to attract foreign capital. without which 1t was
said. in a position, vixen tho time for that up
capital OF the world. which shall assist us on
progress. In conclusion Mr.. Reed said, NJ
uncond nt ST' repeal That viii eitner give
rslief or not. II not. then We must try some,
matter Of deep regret to all sensible mon that
W" have DELAYED SO long. Men are to-day
a9t RsIrs' taH SpI &
tho point of breaking. 1t Is such pity Tint
we had to waste So much time in this weary
sltion. we Republicans. to-day. The represer-
tative, Of the Democratic party. IuSt chosen
poweqsss IN IN tbs his s
10 Ills own pnrty We're he left to their tender
mercles the country would witness the specta.
by the party charged with this country's gov
ernment What wonder then that he appeals
patri"tism has never been appealed o in vain !?
Never, say. in vain. The proudest part of
the proud record Of the hepn,lca an PARTY has as
sound finance When this country was
tempted to. pay its bonds in deprecated
loud acclaim to that noble sentiment Of Gen.
lIawiey that every bond was rs sacred as q
sore but tho Ge't ed ea5 @
has no superior in the world When the same
arguments heard to-day wore heard fifteen
ated currency and proclaiming the elorics
Of fat money the party tyr, 81 Of sr Abraham
msnts ana rr"spey What
clam pion. OF true and solid finance. and when
the day comes. as it surely will como. for us to
lead this land back to the paths Of prosperity
ana fame. which were trodden under l,epubli-
can rule for 50 many years. We shall take back
verstv. our ancient honor unsullled by defeat"
Mr.. Reeds CLOSING words were received with
a prolonged outburst OF applause. and his
declaration that the Republican party even In
cTHs to lis hsh abs Of
He w wi' folSRed By mr. Dem
Mo- who proceeded to make speech " Mr.
Mr. Williams Dem; M followed Mr.. Dear
strong argument for free silver coinage.
PRIVATE ALIENS SPEECH.
Mr.. Allen Dem. Miss said that unlike ost
OF the gentlemen VIII" had addressed the House
on this important question and who had dis
claimed being flnanciers or partisans, he WAS
both. Laughter. He had made the question
q currency study for more than forty years
ciers who were responsible for tho present
stringency. He had kent his money in clrcu-
cent OF Ills business on credit: but he did not
think that was good plan. for his creditors
w"re GT@ conaepce IN.
tie proper one, / re@inIsd , FIN q, the he
charge Of a farm wrote to his employ ers :
Do COW has been sick. | think she Is Is
die OF the remedy / done give her" Laugh
ter lie lMr. Allen wo,.td like to euro the
country of the disease. but he, did not want to
the disease lie did not propose to he driven
Or huiii"d into doing that which, in his humble
masses Of tho people. He had no quarrel to
mako with the Administrations Why. In fact.
ns" tbsy baS Ttn Mr.
that they had done more than any other men
to bring bout tho election Of Grover Cleve-
land. Cleveland was elected because he was
known to have backbone and the courage OF
his convictions. He tMr. Allen would like to
know land this sentence he drnwled out what
the President would think Of some Of the gen =
tlemcn Of this House. Loud laughter and ap-
plause.
ii had been said by q gentleman from New
York tMr Cummings that tho South had
nominated Mr.. Cleveland and should now sup
port him. Tho south had elected Cleveland.
but it had also elected its members to this
House. 1t might not be n had idea to pass u
hill to restore the parity between tho executive
ana Legislative branches OF the Government
Laughter and cheersl knowing the Presi-
dent as he did llaushtcrl no could pay that
official no higher com pimOnt than to do. In his
individual capacity as member OF this House.
lust what the dictates Of his conscience direct
ed him to do. He WAS sure that in following
that course he would meet with the President 8
approval. II not. he would have to take bach,
a thousand good things he had said about
Grover Cleveland Laughter and appluuse.l
BoURKE COCHRAN ADDREssEs THE HOUSE.
At ] p. NJ. Mr.. Bourko Cochran Dem. n. W
took tho floor and addressed the House.
Nobody would deny. he said after the speec h
Just heard. that tho arguments for free silver
yincing. He agreed with the gentleman from
Maine Mr.. Reedl thRt when the gayc Of the
presiding officer descended on his desk on the
4th OF March last members of Congress re-
turned to their homes in a country blessed
with universal prosperity. And yet in period
when everything that ought to produce pros
v ny ~ al hnTn hp q v Va Inn han n