The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-08-26

threatening attitude OF the Democratc
party toward our industrial system that
had IN a very large degree brought about
the present deplorable condition. In clos
ing, Mr. Burrows said he had no hesitancy
in voting for the repeal OF the SHERMAN
law. 1t was uns0und In prinolple. Its prac-
tical workings were a disappoIntment 70
it's friends and if continued would. In his
Judgment. result disastrously TO the coun-
try by depicting the treasury OF gold ana
putting in it's stead . mountain ofuncoined
silver bullion.
Mr.. Marsh, Mr.. Mooney and Joseph spoke
for free coinage. and Mr.. Durborow for re-
peal of the Sherman aot
MR.. sPRINGER's SPEECH.
Mr.. Springer spoke next He said. In
part. Whatever may be the cause of the
present depression. the evil hour is upon
us; the disaster Is widespread. the ruin
almost universal. The business interests
in every part OF. the country are Frustrated
and even paraly zed; thousands upon thou
sands OF men are ont Of employment. fac
tories arc closed, riots are threatened. and
the red flag of the Anarchists is Haunted In
the presence OF public Assem- blies. Wnetner
these conditions be fancied or real. whether
they are due in part To the fault OF those
who would cOerce legislation by threatened
financial disaster, whether they be the re-
sult OF conditions brought about by legl6-
lation heretofore or merely imaginary, still
shey do exist. whatever the causee may be.
whatever the objects may be. aud We are
called upon as representative of the people
TO afford such legislative remedies as may
be In our power TO do.
Il attribute the actual condition which
now exists In the country to three con-
trolling and fundamental causes. First.
the tarltf legislation since the war-b0e
protective tariff laws which are imposing
enormous burdens upon the people of the
country TO protect fsvorite interests.
There has been overproduction by this I'M
natural stimulant; there has been overbor-
rowing. Overtrading. Overdrafting. and
thus inevitable disaster. The second
cause. In my Judgment. for the present
financial condition is found In the demon.
etization of silver In 1873. and the third
cause the authority given By the
coo ounces of silver each month
and issue treasury notes thereon. which
treasury notes under the ruling of the
Treasury Department., were reoeemeble In
gold. There are of course, other causes
which might be referred to. but these
three. 1t seems to me, are the most respon-
slble.p MIR. Springer then spoke OF the
evil that would follow II this goyernmene
should pass from the present standard to q
silver basis He believed that President
Cleveland would, after the Sherman bill
was repealed, sIgn any measure that would
give relief to the people anu carry out the
Democratic pledge to make the largest
the money of the country.
The other speakers before recess were
Tsy lOr, of Indiana, for bimetalllsm; Slckles.
Breckinridge of Arkansas. Doliiver and
SIpe. all for repeal
Mr.. Simpson, of Kansas, asked unanimous
consent for the consideration of resolu-
tlOn authorizing the Speaker to appoint
committee of five mem bers TO investigate
the allegation that certain banks were not
paying their checks. and tolnquire into the
conduct of Secretary Carlisle and Control
ler Eekeis in the premises. The Speaker
ruled that the resolution was not in order.
and the House took q recess until 3 O'Clock.
BYNUM SAYS HE WAS SOBER.
After the recess Mr.. Bynum took the
floor. and replying to Mr.. Pence's speech of
yesterday, said that that gentleman had
turned his back upon the grand old Demo-
cratic party. not for the sake of getting
pie. but for the purpose of eating "crow."
Laughter. He quoted q speech made py
MIR. Pence. gong back. as he charged. upon
Democratic principles.
DIR. Pence then put in lance and 1t was
sharp one. He said: when L made
those remarks i was sober as q jud &c and
want the record to say so." hilarious ap-
pisuse.
Then Mr. Bynum rose to q question of
personal privilege and said: Yesterday,
JOcularly. l made remark which possibly
might have been construed as meaniD g
that had been entertained In n manner
that united me to make speech. My re-
marks were jOouiar and the gentleman
knows that was sober as any man in
Denver that night"
Mr.. Pence-I have said so; and went to
your friends last night to tell them that
you had been sober. Laughter.
Mr.. Bynum-Then you should not have
cast this lnsinuati0n.
After further debate on the repeal bill
the House, at IL o'clock. adjourned.