Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-15

In the senate an enormous number OF
| petitions have been presented. Nearly
| all refer TO the financial question, and
| cover all phases thereof.
| Mr.. Perkins of California also had Q
petition fayoriug the Nicaragua cana
! and another for the annexation of tn,
| Hawaiian islands.
Mr. Voorhees, chairman of the fnnnc,
| committee. introduced committee bill t.
| allow the national banks circulation
equal to the full par value Of the bonds
they deposit In the United States treas
ury. This bill was accompanied by a
letter from Secretary Carlisle, saying the
passage Of the bill would give the country
Immediately Sla,O0O.O0O more currency.
Mr.. Mitchell Rep) of Oregon gave
notice of q resolution providing that the
lifty-third congress shall not revise the
present tahif laws
Mr. Vest Of Missouri introduced q bill
for the coinage Of all silver bullion In the
treasury
Mr. Hoar CRep) of Massachusetts gave
notice that he would tomorrow call M
the Montana senatorial case and press
It to Il conclusion to the exclusion Of other
business.
Mr.. Vest called mp the resolution offer
ed last Tuesday fayorlng bimeiallism, and
the free and unlimited coinage Of both
gold and silver without discriminating
against either metal, but maintaining
their parity, and addressed the senate.
Taking up the Sherman act Mr.. Vest
spoke of II as houseless and homeless
legislative dog, with no one even TO give
Il bone and without being able to find
n kennel in which TO hide It's dishOnOred
head. Nevertheless he would vote against
It's repeal without guarantee as solemn
as the great necessity of the people. that
silver shall exist N the United States as
a money metal. He had been known rs
a firm aud unshrlnking friend Of the
president aud in his campaign speeches
had declared that Cleveland was n BIZ
metallist like himself: that they only diff
fered In reference 10 the ratio. He had
the right 10 make thnt statement, be-
cause Cleveland accepted q nomination
on a platform which pledged the Demo
cratic pnrty TO bimetnllism.
He did not undertake say now that
the president was opposed TO bimetnlism
or would not give executive sanction to
a measure TO coin silver ut Its CONNER
cinl ratio with gold, but he did under
take TO say the presidents message was
most significant for what II failed 10
say. Replying to questions by Gray OF
Delaware Vest asserted that my dis
cilsslon on money fluctuations would he
imperfect and unsatisfactory, which dill
not admit on both sides what was known
10 every Intelligent man, that If tho
volume Of money was increased tue pric-
oil eOuiuOlilth went hHf huh u AAI
volume OF money decreased the price OF
commodities went down. lie had seen
HE day when $3.50 Of paper would not
buy lonf Of bread and when a 50
gold piece would buy house and lot. |
Ii was not necessary when and where, |
that was because he jill not wish 10
revive war issues. 0aughter) II con-
gross had power now TO put the country |
IAN obligations being out Of the way) |
on n single standard the issue might be |
a fair one: but with debts to the amount
Of Ss,OOO.OOO.0O0 due by the United |
States. the striking down OF about half
Of the currency OF ihe r country would nb oe
lutely wicked.
Vest spoke Of the bimeialism Of
France and declatcd that today the
French people were l "a tne v nIs.
repelled the idea Of their being any ne
ressity for their being any international
aercement on the subject Of silver.