The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1893-09-23

sands Of yssrs with eoid Every body
know thss although Great Britain was the
champion monometallist nation, the people ol
that country carried moro silver money in their
pockets than the people OF the United States
did. All senators expected 10 continue the
sverage amount Of silver money. In reply toe
question by Mr. Mitchell Mr.. Hawlcy said hs
thought legislation In regard 10 silver neces
sary in order to- carry out tho views advanced
by him. but now no wanted tho Sherman Law
repealed
Mr. Teller rep, Col) said he know what
senators who talk about being bime tallists
mean They have never taken single step
leading 10 bimetallism and they sever Will
This is a fight for the preservation OF silver
IS money among the nations Of the esrth and
there Is not man in this chamber who does not
know It. Follow Great Britain II you want To-
Ny allegiance is TO our own people-to tho peo-
pie OF my section and to the people Of the
country at largo will devote my time to
their interests, and no labor, no sacrihce. no
eontumely that can be put upon mo will
phase mo in my opposition TO this damnabls
bill.
Mr. Hawley replied to Mr.. Teller by saying
that II after two or three or four months II
should appear that repeal OF tho Sherman law
was going to desolate tho west and the east IL
would be quite competent for congress 10
modify its action and It would be very likely 70
do So
On the 18th Mr.. Shoup (rep., 1daho) spoke
against the unconditional repeal Of the
purchasing clause Of tho Sherman law.
To repeal the Shorm an act would be to remove
the United States from the head Of tho ma
Nons which produced tho precious metals; II
would be to contract tho currency to such an
extent that the government would be COM
PEELED to issue hat money; II would be to set
| back the progress OF tho western states and
ruin thousands Of workmen. He would OPP
pose with all the vigor Of which he was capa-
BILE the repeal OF the Sherman law until some
better substitute was adopted.
Mr.. Dolph rep, Ore.) reiterated some state.
ments to the effect that tho business disturb.
| ances we're due to the threats Of hostile tarih
| legislation, and proceeded to argue against the
| free coinage of silver and vigorously criticised
| those senators from the silver states who had
attempted TO naKe this question sectional
one
On the 1Ath Mr. Daniel dem, Va.) made an
| argument against the repeal bill He said he
brought to the discussion Of the subject pro.
| found sympathy with every class OF his fellow
| citizens who had been smitten with an evil
financial dispensation. 1t would be unwise to
| say the Sherman law produced the panic The
| date OF its incipiency cannot be traced to any
| act of local legislation 1t began in South
| America, where there is no Sherman law. II
| swept over Great Britain, . gold standard coun
try, where there is no Sherman law. The
panic swept on to Australia, where the people
are the richest people In tho world per capita
| whore there is no Sherman law. The panic got
to Austria, Italy and India, and is now going al
over Europe, without the dreaded presence o.
| the Sherman law.
The republican party is delighted to attribut,
the panic to the Sherman law in order to escape
Its responsibility to the tegin. The Mckinley
bill sought the sheltering arms Of the Sherman
law. The gold monometallists are delighted I,
hide behind it the work of their own hands
The bankers are interested In seeing the Sher
ma ct cd an m
sued on which they can base currency.
am often asked why oppose tho repeal o
the Sherman law now, after having opposed 1T
passage in 1890. My answer is this rs Their
man who, having patched coat would throw
II away in the dead Of winter before he has go
. now oner Do tho supporters Of the repea
bill propose to restore the conditions existing
at the time Of its passagef O. no. The Bland
Allison aot-a democratic measure-was re
pealed by the Sherman law, but tho repeal o
the Sherman law will not restore the Bland
Allison law.
The democratic platform does say: "Repea
the Sherman law" but IL also says: "Repea
the Mckinley law" But would senator's re
peal the tariff Law and leave tho treasury with
out revenue? Would they repeal the Sherma
law and leave the country without silver nor
ey? ! do not doubt the repeal OF the Sherma
law would have some beneficial effects In man
directions, It would give some immediate cas-
, to business and transactions partly through tn
hurrah which would be made. Commerc
would revive, but the revival would be tempe
rary.
II the declaration in the Voorhees, substitut
were changed into legislative provision Gas SUI
gested by Mr.. Walthall last weekly would vot
for it, and the Sherman law would be repeale
without another hour of debate What, Is II
ternational conference wanted to settle the 81
yer question! Tho American senate is tt
place to settle it.
!, As to the president supported him loyal
in three campaigns and expect in many da
OF battle yet to bear his colors and defend h
cause. shall not pay him tire tribute OF
courtier and flatterer who would say: "Behol
brave and honest man who has convictions.
.. But will show him an American senator ha
! l'also his convictions and is brave and honei
! enough to be true to them. Not for q GLASS, b,
for all the people; not for section. but for II
union; not for special interest but for Il
I whole do foel