Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-26

and Mi Rowers (Rcpuhllcan) Of Cali |
fornia were In favor OF trce COINAGE,
and Mr.. Dockery Wemocrao Of Mis-
'oS I soo II na lSSST Sa e o9 Messop
spoke for blnetallisn, aud Mr. Cable
Democrat OF Alabama opposed the un-
conditional repeal.
Mr.. burrows Republican, Of Michi.
gan advocated repeal and was opposed
10 free coinage.
Mir. Marsh Republican OF Illinois
opposed the Wilson bill and favored
free coinage OF silver,
Mr. Compton tDcnocraN Of Mare
land spoke for unconditional uipeal, mud
Mr.. Money uDcmocraO of Mississippi
against repeal.
Mr. burrows. Of Michigan then took the
! floor and reviewed the condition of the
/ country since the eth VI march last up to
the present time. He then reviewed
the message Of Harrison TO congress
] last December contrasting the situation
1 then and now. He thon called on the
| Democrats TO redeem the pledges made
1 the people and maintain himctnlsm NH
| the Republican party had safely estah-
\ llshed H."
Mr.. burrows continued TO quote from
the message Of President Harrison IN
order TO show. the country was much
/ more prosperous thnn at present aud
cited passages from Mr.. HarrlSon's mes
sage upon which 60 base his opinion.
Al the close Of llarrison's administra'
| ton, he said there was prosperity In
the nation, What had wrought the M.
nallng change, v hat was II IN the brief
space OF Ak months that had plunged
the nation with all It's Industrial interests
from the summit OF prosperity aud hope
10 the depths Of ndyorshy and despair
He suggested that those citizens, who
niue months ago wcW drludcd with tho
idea of the necessity for q change had
by this time the full measure Of their
desires granted unless they had an ap'
petite for misiortuncs which no calamity
could apprasc, and NO disaster satisfy,
Mhllc he niurrowsl was frank TO admit
the sherman law IN It's practical work
inga had been a disappointment yet he lid
not believe u was responsible 20 any
considerable degree for the dcrlornhlo
condition In which we found ourselves
today.
Z Not until after the presidential election
: last November did tho business interests
= Of the country take alarm aud the sirn-
gcncy IN The money market begin 10 mp
, pear He was constrained to believe
7 the real cause Of ibis widespread business
depression was attributable chiefly 10 the
. hostility Of the Democratic party towards
\ protective policy, undrr which for tie
o last thirty years the nation Ind wrought
d | marvellous Industrial independence lie
4 had heard II intimatod by the gentleman
!. from Nebraska Bryan. member ui
i the Democratic party. TINT the sherman
;. law ought not 10 be r'pcaled until SOME
= thing was agreed upon 10 take III plnce
r aud TINT gentleman nhd announced that
Il the message of the president fayofng tho
4 repeal Of this law was the burial OF el
}. ver." aud then be- eXtlnimcd, "ahnndot
IT hope, all you who enter here, lie wonlt
o. say 10 the gentleman that that was u
n | old sign that had been hanging over The
A. door Of the Democrats for over fifty
n years. and he was surprised That hi
friend Ind inst d!@'nyorod v. Had III
gentleman lost confidence IN hts owl
Y partyy Mas silver 10 he buriedf He III,
" election that the Democrats were TN
~ friends Of silver.
g, II The Democratic party did not con
~ hnuo both gold and silver In our mon
~ etary system and maintain that none
~ at a parity then thry would he false 4
le PARTY pledges and be rbukcd by III
~ people. The Republican party was i
.n favor Of bmctnlllsn, Of the use Of bot
X | gold and silver In 'he monetary system
~ and not only believed II, but had lcgisla'
y, cd 80 AZ 10 secure H. For fifteen ycnr
w Il maintained gold and silver az parity
N In face Of this legislation ON the part u
~ the Republican party, said Mr. Bufrnwl
" he had no doubt the gentleman froi
., Nebraska had Joined his party IN ti
~ last election In dpuounclnE this policy q
M the Republican party rs "a coward
40 makeshift." and appealed TO the peOpl
~ 10 overthrow that party In the lnterpi
~, Of a pArty pledged TO establish a wis'
W. aud safer financial policy The oppo
he tunity was now with the Democrats
M redeem their pledges and continue
lrs utilize both gold and silver IN The mon
II tnry system aud maintain blmetnllism j
ai the Republican party had safely esta
a lishcd II.
Nv Mr., Marsh 81 Illinois said he had 4
IN greatest respect for The president, hi
l,y wanted more than his declaration befol
NJ he would vote for the repeal Of II
Sherman ACT.
Mr.. Joscphs spoke in favor Of free col
10 age.
de Washington prepared 10 vote for rcnca
20. Int since he had hcon here he had chan
M cd front II NOT his Views and intcnd'
H. 10 vote against the repeal Of the purchl
'ss Ing clause Of the sherman law.
re Mr.. Durbor0w Of illinois said IN m
y crisis lalihough he was opposed TO 4
no bntel II was The duty Of every man wl
nj had clear convictions 10 express thci
AZ People demanded the repeal Of 4
ID Sherman law believing u was rGgponsih
~ for the present distress
(, Ing the situation said the condition vi
'he attributable 10 three can9ca. the ifsi VI
cn tar.N LEGISLATION. the second WAS Tho q
fht mhueiigaiion Of silver 10 ~, mud 4
W ~, third the purchasing clause OF ne sh'
oi man bill. lIe dld not believe That
,oi Inc repeal hll went through without
zee free coinage subst.tnic some Of the De
VIZ ocratic senators and repregentniiy
bie wnnid call d halt upon silver leeislatio
lliu The party. NJ represented IN c0igrc
~; and HI the chief executive, would moi
Inn hack on the pledges given the people IL
November
his There arc. Of course. other causi
Ing | which might be referred TO-, but the
Ted | three aeem 10 me the most r.spOnslb
,ui. me effect of the oct Of '73. viii
The dpnonefizcgl half NJ tile money OF
II nis,ule. wns not realized until 'Ts, VIII
The ihe Unitcd S,ntcs resumed specie pa
scd mems. Silver has been deiiipnetiz
vas twenty years 1 ! HE acts passed sln
BY that fimc have but little or no effect
measures OF reconciliation. The 4
rms that silver y held n4 collateral for ~
ors redemption has added nothing 10
face value Of the silver certificate
art passing at par with tho paper .oblignuc
n thr government and depending for
inr- money power and purchasing capacity
qns tle pledrc OF she United States that
YER, panfy should be ninlninined with ~
hnf and that II should be received for
an dnos 10 the government and W. q N
cofl tender q payment ~ debts. The demo
,me ,lznfion 81 silver BY tbls country q
MA | .ther countries OF the world hna drpril
mn. ,he peonie Of half The money which 9th
noh vice might have bccn obtainnble In
Led ,,,,,tn.nf of debt4."
M, ,Ihe decentralization OF silver IN Y
"a adj not destroy silver as money as M
ltf flharfunu net TN. uQurrfInf