The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1893-09-09

main SUBJECT or mis- speech and ssid- II dout
think that the stoppage OF silver coinage was
the end OF silver. We have proved tfat .he
mere purchasing Of silver BY Us on do
ciinins market Is an improvident use Of the
public money and ought to be abandoned. st
least suspended until q time which may come,
when by IN international agreement or by
some provision of law. we may guard against
the possibility OF coming to q single standard
of silver. That can Re done. What do we do
now hut simply stop the purchase Of silvers
We don't say when we will renew 1t again.
We simply say that now. In view OF the posi-
biiity Of panic, II would be unwise for us TO
waste either our credit or our money In
buying that which must lie in the
cellars Of the treasury. II vas in
order to give assurance that We DO
not intend to destroy the silver niiningirdustry
Of the west that We put into the biu reported
ey the committee the provision proposed by
the senator from Indiana, Instead Of aiding 70
strike dovl silver / would like 10 build II up.
and any measure that win do so and win MOI
demonetize gold will meet my approval and
support But would not dissever the imam
eial business Of this great country. with Its s.,
000,0o0 Of people, from the standards that are
now recognized by all the Christian nations OF
Europe. / would not have any other measure
Of value than that Of the proudest and haughti-
est country In the world. This Is not q Ques-
RADIO. II Is not a question OF what Wall
street will do. Wall street will be always
doing some devilment or other. 1t makes no
difference who Is up or down. take that as
matter Of course The question is W hat should
be done for tho people Of the United States in
all Its length and breadth. and therefore II con-
gress viii say that In It's opinion Ii is not wise
now to continue the purchase OF silver bullion
there viii be no injustice TO Colorado or Ne
vada. -F.. .H-
Are we bound 10 build up the interest Of one
section OF the country at the expense OF the
rest. No 1 believe heartily and truly that
the best thing we can do now is to suspend. for
the time at least the purchase OF silver bull
lion. --- ..
Recurring to the suggestion of authorizing
the issue OF bonds, Mr.. Sherman said: Il am
willing to trust to your executive of1cers. II
you are not. 1t Is strange attitude In political
Affairs. would give them power TO protect the
credit OF the government agnfnst all enemies
at home and abroad. II the fight must be for
the possession OF gold would use our cotton.
our corn and our wheat: / would protect our
credit against all mankind As TO silver, I
would soy that we prefer 70 wait awhile until
the skies are clear and until we see the effects
OF the suspension Of silver coinage, and see
what arrangements can be made for sn-
other monetary conference. In the menu-
time let the United States stand on its
strength and credit. 1 think that soon all
these clouds will dissipate. and that we may
20 home TO our friends with the conviction
that We have done q good work for our coun-
Mr.. Sherman concluded At 2s4S, having ocsu-
pied two hours and ten minutes Portions OF
his speech were reud from manuscript. tut the
great part Of 1t was delivered exteinpore and
with great rapidity and force. He was lis
tened to throughout with unfassins Attentions
and interest.