The Lamar register., 1893-09-09

-, 4, nj. mind nj all when he uttered
those words, but as they were disagrceAole OF
ofyenxiye to him he expressed his regret NJ
having uttered them and declared nimseu m
capable Of affecting anroat on any sen'ie
man IN the Senate or elsewhere
Mr. sherman ssid tha, certainly he did not
a.s,r, 10 say ANYTHING more on the matter,
| being entirely satisfied. lie resieseu, NOV"
ever the leyislatiou of 1873 and ienounSeu
~. r,.nner in which Ernst Seyd, the kngiish
sconoml.t. had been denounced In eonnec-
lion with the matter seyd played no part Va
the legislation. The statement Was iniAmous-
ly false that scyd or anyone else paiu sS,i
600 To Congress 20 secure the as s,
of silver. Seyd was a hi-metsllist, As showed
nv reference TO his published books
he WA one of the leading nnAneia!
experts OF the world; he occupied
an honorable position In London and an Don
ored one wherever he was knosn and ne DC
Iieyed him to have been an honest, .ineeG.
Iucorruptihle man. seyd had never visited
America until the bill was almost through
Congress aud R was Infamous that the charge
should be frequently made that public men
h.d h,.,.n hrit,e,i into passing the bill OF l>sA
.sHer.after - said Nr sherman, ''whcn any
man makes such a statement about this lesl--
lation, shall simply say that !t Is a f-ise-
hood and brand tt 80.
There was nothing .urrepiltous sbou; IT,
said Mr. sherman, with much warmth. and
no fact can be proven more clearly. The
statrmeut 40 often made To the coatraFy u
faI.ehoosi and lie: 4 care no; by shou made
He quoted from speeches made hy MI
stewArt in the Senate In ISIS aad 1874 these
i wAa; the standard gold and no paper
moaey thai q Bot rcdeemable In gold. Hy
this process NC shAu conc TO a spcc4he basis,
and when the lsborcr shall receive bis dollar
n will se of thu same purchasing poucr as
dollar. Gold i the universal standard Of the
world Everybody kuo~s that"
Recurring 10 the .ubleet Of authorizing the
issue OF bands, Mr.. sherman sad;
II am willing to trust 10 your executive
offccr- II you arc not Il : 4 strange aiii-
tude ia political Affairs soald give them
pouer 10 protect the credit Of the government
aEainsi al enemies At houne and abroad II
the q Sht musf bc for The possnsslcu OF .uld.
would use our cotton and our corn and our
" heat. and uOuld protect our credit against
all mankind As 20 silver. uould say ihA'
we prefer TO walt 4 while until the .kics arr
clear until Wc zee the efecis Of The sasfcn-
sloa of silver coinage Ia India And SC shat
arran ..eEpenfz rsn - made for another Inter
aAtloazi monetary coafcrrne-. Ia the mean
tlme. let the Uuitcl states stand 90 ia
strength and credit I shink that soun al
these clouds sill be disslpziei, aud - nay
| 20 hone TO cur friead. uith the conricsion
that sc have done good work for Cur ooau-
tEY At large" Applause
When be had concl aided The reprsling bill
ion which he bad spokcnl wks lad ,sidc and
the national hank biii sss tAksa up % sIios
/ r.
begun ycs;crlay.
~. teller Assarncd ffrun nerspIpcf Artl-
Gle which be quoted ihA; scheme had bern
organized EARLY In ibe .easna 10 Nr~ York
for a rarposc OF creating AhnAncial panic that
woEld compel an extra scssiua-the rcpesl Of
the pnrchaslng clause os the shrrwan act
lie would not have Anyour LATER that the bNk-
ers had inicnded To create the ouadittna %
Affairs that nos cxis,ei, bGf be asa heiirvs
that they had iutcndei 10 crate dtstrIst that
In extraordinary session and thus socarv A.
tioa first the repeal Of the pun hSsin- claIse.
and sccuad on the qnesiioa Of iSsoiag a isr.e
amount Of -oyrrnmenl hoais. Bat the panic
had 60; away frum ihcm They bad rather
Overdoue the business. and hAd frishtencd
the people more than thcr intcadcd 10 do
Nos ihey had nobody bat iheusrives 10
blame, and they shouid not eomplAin. H
attacked the naiionAi tarks, declznag that a.
banks Of lssue they had been n great failures
As they had shou themselves 90 - "a banks Of
deposit and hanss OF exchange II sAs The
prerozative Of the Uaited states 10 issue IT,
own currency, and this va good time 10
reform IL hAnkins system. lie soait no,
hands Of the hanks o, the co1utry. lie
would not enable them any io1-rr 10 psrAlyHr
the business OF the eoantry, - ibey ~err
doing to-day, He had fair opportunity 10
wipe them out. and be ppllA -ipc them out
ss dnlcsly AZ he could lie .As opposed %
the present sy.tem He desired 10 siihdrar
from the baaks the privileges they no~ Po.-
sosset
At the conclusion Of Mr. TeIsr's sYeeeh
the Senate Eeai into executive .--.ion. and
-hen the doors -ere reopeaet adloarned
rhur.day. August Ji.t
SEStrE--Mr. NooThecs moved that the sen
ate proceed 10 the consideration Of the House
bin TO repeal the sherman Law. The notloa
was agreed 70. The bll "a. taken up and
Mr. Woleo,i addressed the Senate Ia opposl-
lion TO IL
Al the close Of Mr. woleotr. speeeh notice
vas given by Mr. Mills that be soald ask The
Senate next Wednesday TO hear some remarks
on the repeal hill-
His maiden speech Ia the Senate wAs 10 favor
of the unconditional repeal Of the sherman
act.
motion having been made by Nlr Herer
10 take up the resolution heretofore offered
by him as to national tanks refusing 10 pay
dcpositors' checks Ia currency, Mr Ncorhees
said II -cnAfors xerr not prrparcsi To GO on
with the discussiou he had no objection 70
other minor matters being taken up, proyid-
ing the repeal bill was not replaced He gave
notice, ho~eyer, that II be found Al any time
that discussion on the repeal bill was exhaust
ed he should ask for a vote.
After colloquy, from which Il appeared
that If Mr.. Pefier's motion was agreed to, u
the motion was changed 60 the repeal bill
should be Informally laid aside, and the res
oluiion as to national banks taken up. The
motion was agreed TO and then the motion
heretofore made by Mr. voorhees, that the res
olutlon be referred TO the Committee on Fin
anoe was carried-yeas 81. maze II
HousE.-Ihe silver men stole march on