The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1893-09-07
VANCE TURNED LOOSE.
He Plays His Batteries on the
Wilson Repeal Bill.
SCORES IT'S sDEMOCRATIC 3ACKERs.

Coilqouy Between Cockrcll and the Re
pulIoans on the Democratic Attitude
Toward the Party plntform-stnl Dis
cussing the Rules.
WASHINGTON, Sept. 2.-The house bill
to repeal the purchasing clauses Of the
Sherman act has gotten fairly under
way in the senate. It was taken up in
order to give an opportunity to Mr..
Vance On. c. to make a speech against
it, Mr.. Vance is one Of the Democratic
minority members Of the finance COM
mittoe and for an hour and 40 minutes
he kept his batteries of wit. humor and
sarcasm playing upon the measure and
upon the members Of his own party
who support and advocate It. When he
got through his entertaining speech an
effort was made to simplify the further
parliamentary line of proceeding in the
consideration of the bill by having the
committees substitute adopted pro
forma, so that all amendments to be
offered might be amendments in the first
degree instead of in the second degree,
which would tend TO smooth and sim
plify matters. The proposition did not,
however, suit the ideas and plans Of
Mr.. Cockrell Dem, Mo-, who objected
to it, and as it required unanimous con-
sent 1t failed of course TO be adopted.
From that point on TO the point Of GO
ing into executive session confused,
rambling colloquy was carried on be-
tween Mr.. Cockrell and some Republi-
can senators, involving the question of
adhesion to or reputation Of the Chi
cago Democratic platform.
Senator Vance prefaCed his remarks
with the statement that the great law
of supply and demand operated in re-
gard to money just as it did to every.
thing else. When money was abund-
ant prices were high when it was
scarce the prices of all products were
low. Therefore, whatever increased
the abundance Of money benefited pro-
duction and enhanced prices and wages,
and whatever contracted or diminished
the amount of this money deprecated
everything that is for sale, including
wages, though by reason of Combiua-
tions and defensive measures in many
parts of the world wages are affected
less than products.
The effect upon the condition of man.
kind which would follow the destruC-
ton of one-half the currency of the
world, amounting in the aggregate TO
S7,O00,OO0,it would be impossible accur-
ately to describe. Still, this process Of
destruction had been going on quietly
since 1872, and its result is seen in
prices lower in many things than has
ever been known in the history of man.
The speaker then went into the his
tory Of the demOnetization of silver.
He said that this movement for repeal
was the result of n conspiracy among
the money holders Of the world The
method Of the attack was by the crea-
ton of panic. The departure of gold
from this country some time ago had
been attributed to the Sherman law.
If so, the Sherman law surely brought
it back too. Members of congress on
both sides wanted silver and gold coined
on equal terms, according to their
platforms. So they stopped coming
silver.
The senator referred in most sarcastic
terms to the inconsistency of such
action. If such an Interpretation Of
the Democratic platform had been an
nounced during the campaign he was
quite sure Mr.. Cleveland could not
have carried single electoral vote
south Of the Potomac river. Senator
Vance acknowledged that the repeal
bill would pass, but he asked what
would be done with the remainder Of
the Democratic platform in the face Of
one promise broken.
The rules which will govern the pro-
ceedings of the present house were
again discussed without attracting much
attention, although at times the house
was on the verge Of partisan debate.
But in each instance good humor took
the place of hot blood and the clash of
parties was averted No change of i'm
portance was made in the new code.