Morning journal and courier., 1893-08-15
NEWS BY TELEeRAPH From All Quarters. IS LIKE A HOMELESS DOG. Senator Vest Gives His Views
 of the Sherman Law. IT WAS A HOT AND ExGI|IAe FIGHT. Creedon Succeeds in Knock
 ing Out Greggains. THEY WILL REDUCE THEIR FORCE. But There Will be No Cut
 in Wages.
THEY WILL REDUCE THEIR FORCE.
A ESS DOG.


 Branches of Congress Debate on tn e Silver Question.
 WASHINGTON, Aug. 14.-Senator Perkjp of California made his debut in the senate chamber today with the presentation of various memoirs from the San Francisco chamber of commerce for the enactment of substitute for the purchasing clauses of the Hawaiian islands, and in favor of the Nicaragua canal. MT. Mitchell gave notice of an amendment to be offered to joint resolution to maintain the parity of gold and silver and MT. Vest introduced bill for the coinage of silver bullion in the treasury, saying 1t had been sent to him from New York, and that 1t met his par tial approval.
 MT. Vest called up the resolution offered by him last Tuesday in the words: Resolved, Tnat the American people, from tradition and interest, favor bimetal lism and the free and unlimited coinage of both silver and gold without discriminat- ing against either metal; that it is also the established policy of the United States to maintain the parity of the two metals so that the debt-paying and purchasing power of every dollar shall be at all times equal; that it is the duty of congress to speedily enact such laws as will effectuate and maintain these objects.
 MT. Vest spoke of the Sherman act as 8 houseless and homeless dog. Nevertheless, he said, he would vote against it's repeal without guarantee as solemn as the great necessity of the people that silver shall ex- ist in the United States as money metal. He argued against the idea that overpro- duotion of silver. in relation to gold, justi- fled demonstration of the white metal ar d he quoted tables of gold and silver produc- tion in support of his argument.
 Mr. Vest said 1t was legislation in Ger many and the United States taking away the monetary use of silver that had brought down it's value. With the resources and population of the United States 1t was only necessary for the United States to fix 8 policy and to stand by it. The trouble to- day was caused by the publication of the idea that the country was about to go to the gold standard and that silver money would be worthless.
 In reply to question by MT. Platt, MT. Vest said he did not know what the presi dant would do. He spoke of the unfortu- nate condition of miners and said if he were here from one of ths silver produc- ing states he would fight the domonitiza- tion of silver as he foag ht the force bill.
 MT. Vest denied the idea of there being a necessity for international agreement on the subject of silver.
 IN THE HOUSE.
 WASHINGTON, Aug. IA After the ap- pointment of three minor committees had been announced the house to day resumed the debate on the silver question. MT. Boatner, dem, Florlds, was accorded tn @ floor. He spoke from silver standpoint and charged that the advocates of the Will son bill-the gold men of the democratic party and of the republican psrty-were responsible for the excitement which has created the destruction of public conf dence and which has caused the runs upon banking institutions. They had sowed the wind and were reaping the whirlwind; and they alone were responsible for the present financial and commercial scare. He further charged that these democrats from New York and from the eastern states were not prepared | to carry out all the pledges of the Chicago ! platform relative to the currency. MT. Warner, dem, New York, speaking fol | the democratic members of New York pledged to carry out. and they intended to carry out, every pledge made to the peo pie.
 MT. Boatner was glad to hear this state raent, that the bill now presented was in tended to repeal cowardly makeshift anc no more. He declared that the democratic party had pledged itself to bimetallism leaving nothing for congress to do excep fix the ratio The republican party wal also pledged to bimetallism, leaving noth ing for congress to do but to fix the ratio MT. Layton, dem Ohio, said he woult vote for the bill under consideration fo the repeal of the purchasing clause of tn Sherman bill. He would de this, however relying upon the good faith of the demo ! cratic administration and the democIati congress that in the coming regular ses
 sion some permanent legislation would b
 enacted that would give all our people som
 suitable money worth dollar all the worl round.
 MT. Patterson, dem., Tenp., advocate the repeal of the purchasing clause, an Tcriticised the amendments proposed to th pending measure. If the governmen
 agreed to the free coinage of silver at tn | ratio of 16 to 1, it would at once and al ruptly bring the country to 8 silver stand ard. In order to maintain silver in circr lation France bad absolutely stopped th | coinage of silver and the purchase of silve
 bullion.
 Ia MT. Paterson thought the country coul not afford to coin silver dollars even at Il
 ratio of 20 to 1, ss such silver dolla would be worth only S1 cents each.
 Mr. Bailey of Texas advocated the bi
 and free coinage substitute for the Wilsc
 repeal bill.
 MT. Pendleton of West Virginia spoke favor of the Wilson bill.
 MT. Lacey of Iowa spoke in favor of g
 amendment which he proposed to offe providing that the Wilson act should n q | take effect until the silver circulati'
 should be increased to $700, ,000, 900.
 Mr. Warner, of New York, said he won
 first vote for the repeal of the purchssil clause of the Sherman act, and next !. would vote fer the coinage of gold al ,. silver on parity. But the metals mt }. be of the game intrinsic value. If the ever was pledge made by any party tl ,. democratic pledge was sacred and plain.