Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-08-17
TELEGRAPHIC.
BRYAN'S GRAFTON.
The Congressman from Nebraska I'D.
dresses the HOUSE.
AGAINST UNCONDITIONAL REPEAL
Bills introduced In the Scnaic.-Un-
wise 10 Mako any Radical
Change In the Tar,n.

wAsnINGToN, d. O., Aug. l6.-The
financial discussion Ia tho House took
on a deeper interest today than on any
occasion since the opening day Of the
silver debate. William J. Bryan, the
eloquent young Congressman from
Nebraska, added laurols to his reputa.
ton ~ an orator.
In opening his argument agaiuel
unconditional repeal OF the Sherman
law, Bryan said upon the action Of tins
Congress might depend, not only tue
welfare OF the South AMI West, not
only the welfare Of the United Staies,
but tho welfare of humanity itself for
ages ~ como.
"lf the United Statcs, the greatest
sllver.prOducing county, abandOns
silver, II will, In all probability, leaf 10
the humiliation Of silver Bs q standard
OF money throughout the world. The
ouiy law making any provision for an
Increased use OF silver money IL tht
sherman law. The Precedent Tecom-
monded itH unconditional repeal. The
Democratic members are under no
obligations 10 adopt his recommends
ton, since they are responsible TO
their constituents only, and are In
uuty bound 10 protect their rights AMI
regard their interests.
"rhpTe IL no such thing as nm hon
est dollar, because the most dishonest
dollar would always have the same
Purchasing power, and the govern
inont never attempted 10 secure absO'
Lutte stability IN the dollar. The
most dishonest dollar ever proposed
ID that child Of ayariCo and iguoIanoe
called tho gold dollar, for II would
constantly rise IN value anu cheat the
debtor. While We canuOt secure nu
absolute honest dollar, We should
app zach II ~ nearly IN possible and
"A bimotnllic standard ought TO be
adopted, because, with bimelnllism,
tue money unit tluctuates less than
under single standard.
awe believe restoration OF the right
Of free coinage, as IL existed previous
to 1873, would raise the price Of silver
bullion to 100 cents per ounce through
out the world anu render unnecessary
any change In the present ratio.
"rbc Sherman law Is not tho cause
Of our financial stringency. The
moneyed men Of the East, without
intention, Of course, started panic by
exaggeraiing the hangers OF gold exc
pOftAtiOn. When the panic came they
were injured az much IA anybody else.
Tho trouble now Is that the dop9sitors
have withdrawn their money from fear
Of the banks, aud u repeal VI the Bher-
man law Will not Increase the sOlyency
OF the bhnks."
The President, no said, had been
deceived. lie had said In his mes.
sage that the people demanded the
repeal Of the Sherman act. He had
heard from boards Of trade and
from chambers OF commerce. He
had not heard from the farmers
or the men In the workshops, and he
could no more Judge OF tho opinion
Of the people than ho could measure
tho oceans depth by the foan
on the ocean wave. Tho President
was elected upon a platform thrice
pledged 10 the gold anu silver coinage
Of the Constitution. Nine.lonths VI
the people VI the United States stood
ready TO sustain him In the fight, but,
I'm the face cf an enemy bold and iuso-
leut, he ordered retreat. Let him not
10 diemayed. There IL timeyet to win
the battle n he viii but order a
charge.
'Nlll the party stand by the prin
pies OF Jefferson and Jackson, or will
Il abandon its right IN It's name2 Win
II choose life or denth2" Tremendous
applause.
At tho conclusion Of the speech
there were loud crioa OF "Vottl Volt!"
anu the Nebraska Ornt0r was surround.
ed by his colleagues congratulating him
upon his great effort.