New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-23
TIE DEBATE IN TIE House.
n,Y AND NIGHT FLOW OF ARGUMENT Az
ORATOEY.

nAY AND NIGHT FLOW OF ARGUMENT And
ORATOEY.
Washington. Aug. Elm the House to-day Mr..
Johnson dem ohio asked unanimous consent Tor
the introduction Of his bill to permit the exchange
Of United States bonds for Treasury notes. There
was no objection and the bill was referred to the
Committee on Banking and Currency, with leave to
report at any time after the special order
Mr.. McRae dem. Ark asked unanimous con-
sent for the pa ssagc OF joint resolution extending
o the Cherokee Outlet the provisions Of the act pro-
v,ding for town site entries OF land In oklahoma.
There was no objection and the joint resolution was
nassed The silver debate then resumed ana
Mr. Brickner dem. WIS., addressed the House III
favor Of the repeal Of the purchasing clause.
Mr. Mallory dem. Fla was opposed To The I'M
conditional repeal OF the purchasing clause oil inc
Sherman act and he was also opposed to the Tree
coinage Of silver at the present ratio or 10 To J.
lie regretted that some middle ground had not
hoen reached and It was with hesitation that he
would vote afiirmativey upon any OF the PROPOSE
t,ons presented to the House He attributed TO the
tariff the greater share of the present depression
bt the demonetzation Of silver would still further
separate the wealthy classes from the working
classes.
Mr. Hopkins Gep., I'D read some portions OF the
Presidents message and commended them. The
Republicans had come here to meet thair Demo
colleagues, not as but 10
lie then argued against the Bland amendments
10 the Wilson bill and in support Of the repeal
measure. The amendment offered for the free
coinage Of silver at the ratio Of l6 to would II
adopted place the country on silver basis ana
drive the gold In the country TO safe deposit com
panies or to other places. where trade and com
merce would know IL no more forever
Mr. Lane Dem. I'D spoke in support Of free
coinage contending that silver dollar was the
equal Of the gold dollar.
Mr.. NewIands Pop New said that he voiced
the demand OF his region when he vigorously advo
Gated the free coinage OF silver There were. he
said two aspects OF this question--the Industrial
and the financial America the great silver
producing country of the world England was the
great gold accommodating nation and becoming
the great gold producing nation. our legislation
should not be favorable to Englands accumulation
or English production Of gold to the detriment OF
a great American industry.
Mr. Bynum Dem. Ind.). in advocating the Wilson
BILL said that unquestionably the vast majority Of
people believed that the Sherman law RESPONSE
bic for the evils described by the President Since
the passage OF the act the price OF silver had gone
steadily down. BY this fall the Government was
losing more than 100000 year. Gold was being
exported In large sums. He highly cuogized the
action OF Secretary Carlisle for his refusal
bonds He did not believe that a vote would be
changed under the threat that a Representative
would lose his seat who voted for the Wilson bill.
The time had come when cant and subterfuge
should be driven from these halls and Judgment
and reason restored. (Applause) II was said that
silver had appreciably fallen in value during the
last twenty years because during that time IL had
been under fire There nigh; be some truth In that
assertion The United States could not open its
minis to free coinage at any ratio. with the minis
OF all the other civilized nations closed against IT,
This country could decide on no ratio that would
give a fixed value to silver. II the United States
should adopt free-coinage act there would pour
into this country In year more silver than the
mnts could coin in ten years. The free coinage Of
silver at this time would be the severest blow that
could be struck at that metal. Free coinage here
meant silver monometalsm. and no ore was argt-