Oxford eagle. (Oxford, Lafayette Co., Miss.) 1876-current, 1893-08-31

.-s'l FELLOW men in time, Of s,.r-tsI StNa
ot-ih wholly Unfamiliar WITH the 49, -
~ monetary science. -"
49, sherman silver purchase La
- AZ East In part and possibly tha -,
IN tF4nental IN producing me -xt.t.
rev apologize Tor IL. IN. caff,f..,
eeaeted u seems now the nos, ,r.tS~
IL vas a violation % ever rc--sr,
a-pe OF MONETARY science. IL "a. sot
an honorable compromfS. +, -.
-. shoterfuge, a mers ten pnrarv -.
peuient The president. in his m~~.a-. -,
-r,nz At this time, for obvious r,a.on, -
80 ene possibilities Of those Who had voted
VIII politely called IL truce
~ has been asserted that N. prpsfsa,.
rH' IN MS hostility TO tndepeul~nt free cos,ar.
Vas disposed at one time n r-w.-t 90 -
aetle.ee In the provisions Of n. Sa.rr-.,
aleh had been the instrument az m-.r.
- "nlen such free coinage had been de.easst
uee ths De 80 or not. the fact remains
ana mas not escaped observation. TIA, uhIIe
me democratic national platform DENOUNCED
me sherman law AMI demanded It's repeal
uenouneed u not as the result Of a truce but
~ eowardly nakeshift-yet Mr.. Cleveland.
nealner IN his speech delivered At Nasison
square garden. New York. in za<w.r "a -.
hosineation Of his nomination. nor in his sub-
seauent letter OF acceptance. nor in his ia.
9uzural address in March last criticised re
SHERMAN law. nor maze sny ails,Sinr "a :,
Whatever. although il was then already threat
eninS the prosperity Of the country win ths
dangerous results % its operation. which were
apparent 10 everyone who had given the sub
leet any careful attention
Mr.. Hill then gave his personal record
on the silver question. and then dis
cussed England's opposition 20 a single
standard and continues a. follows:
would myself aeeep: the idea that the An
gio Indian usase Is merely monumental British
stupidity u II were the hrss act in the none.
tary drama instead Of fourth.
Great Britain defeated the renewal of The
parity Of gold and silver at the raue.ary con
ference OF Is-s
Great Britain defeated the renewal o. ,hs
parity Of gold and silver az the monetary con
ference Of I.sL
Great Britain defeated the renewal Of he
parity Of gold and silver AZ the Brussels none
tary conference Of fs0s
Great Britain nov. in isaa e combining her
Asian with European power 70 prevent renewal
OF the parity Of gold and silver BY the United
States and France or other foreign powers at
any future time To create the h1xsst mass Of
ineonvertisle money ever known While posing
rs money purists may look Tx plouS i'm
1850 @aAA"N "a III LA4
on review Of the successive act. Of the none
t7ry drama a statesman Of sense viii doubt
not through the stages an Increasing purpose
rucS~ Iadmit- for I affirm. that the British
new tangled theory OF gold mouometailisn /.
an ignorant. insuiar. weak-minded theory. Ike
their theory OF taxation without representa-
ton before TTTs. like their theory Of impress
ments for the British Eavy from American
ships before i.is. like their theory q irreSpon-
SlhlR naval ~ ea~wawFfuu "a xzs4s 80 AE.4wE--
% these states before the Alabama arbitration
Of ISL
10 will be observed FROM what has already
been stated that the permanent remedy Tor
our financial difficulties Is a return TO nimetaL
ism which existed prior 10 IS-3 II has he~n
stated over and over again during the present
DEBATE. especially in the other house. shat the
country has tried the experiment q silver
coinage and that ii has proved a failure. azd
that therefore We should Eow return 70 a gold
standard
Why not try the only remedy TIA; has rot
been applied Tins great and growing country
OF ours needs \ much larger circulation Per
capita than any other country In the world
II viii not answer TO compare the needs % or
nation IN this regard with the old gnprusress
i've, flashed nations OF Europe. Wherr sae
wealth Is largely controlled By a few families
The iRsurfciency Of our present volume q
currency seems 20 Re every where conceded, ald
vet there IL an unaccountabIe reluctance 20 IS
tabIish a permanent silver system under which
the deficiency can be easily supplied
The proposition ROW before congress 70 al
low the national banks TO Increase their circu-
Iatiou 10 per cent-aad whien proposition 1
earnestly favor-is the outcome Of a general
| desire for an increase OF the currency. the tn
sar-cfency Of which was made plainly mani
fest during the present crisis To that propG-i-
ton Itself there Is Ettie objection. set there Is
a spectacle presented when We witness that
those who are the most eIamorOus for such In
crease at the present ~Iuneturs are usually hold
IN up their hands In holy horror and soleunly
| protesting against any other increase Of the
curreney-especIally an Increase OF silver
| mouev-as imitation When in truth both SiI-
YER and gold are money metals absolutely IN
capable Of infatioa-
do not propose 10 discuss 10 any extent the
| matter OF ratios, because lido not believe That
the time has arrived for IT'S serious eousidera-
tor. II the existing ratio Is 20 be changed At
| All. the feasibility Of which az the present time
l. OF great doubt. Is should not be enlarged.
hu, diminished and put Al Is TO l. 80 As 70 cor
rs<pond with the ratio under which the silver
nie-sO Of the countries composing the Latin
union are coined
The enlargement OF the ratio BY this country
evolve. the resoinAxe Of nearly al oar silver
AZ a tremendous loss. or else is absolute re
tf-pu ent which would b. disastrous While .
| reduction Of the ratio 10 81 would enable rs
70 recoin al a prodt. and th1s place our silver
/ pieces on the same pane a. those Of European
countries.
Mr.. Hill then pays his respects to
the presidents message
L believed for one mon ent that tho repeal
az the sherman law weuld inlure the cause OF
nIn-taIIism and be the means Of placing or
u-..- n 4Furta rNTT
.tanaarf. I should never vote for IL, but would
a. earnestly oppose il as / am How fayoring t.
n IL 20 he regretted that the president was
act more explicit in his last utteranee$ He
.xpre<sly advised the repeal OF the sherman
- .,d then urged other legislation As de>tra-
hAs hat be left the exact nature thereof IN
doubt. II vas hoped that the pres ldent IN
view OF the provisions OF the demo-
rrztie national platform in favor OF
$500 .,..dar4 and in view Of the well
g,nxr ousnious OF a large malOrityo Of his party
4, ronrre<S would have a. least spoken a KIM
r-.,rourasiug word in behalf OF . return 10 "a
uetzuisr. I. would certainly have made ths
- !, -~,eaI an easier one and prevented
,ueh ufsconstruction and bttferness nus
whflA 1 regard such omissions As uniort1-
a.. and while eonceding that II Is nov
easy 70 reconcile the closing Worus ms
- vim a desire for the establishment ofs
-ss1s standard. vet am not disposed 10 &c
-, - : construction Of them until further
swfs.rre Of his adverse intenttous has been
wanifes:ed. nhere4liy intended Us TO under
.,and that he proposed hereafter TO fAyor ne
- ~ ! single gold standard. then muss
shsoiutely decline 10 follow aim IN MS De
parture- ,oo,.,sns n,
auy ADMINISTRATION tast sees %
S.ror-.fie uarty in a false position. that seek'
.NI.sS a, awav from the path OF safety. awA1
- semoeratie principles AMI platforms anu
into he very camp Of the enemy
EIxhteen Lives Lost
PHILADELPHIA. Aug.' s6-Assistan'
r1g;nser Albert Smith Of the Reading
p-Sr,.d Cos steam colliery Panther,
- IsLanS AaIIar.