The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1893-09-30
THE SILVER DEBATE.
synopsis OF tho Discussion In the United
States Senate.

found sympathy with every class Of his fellow.
citizens who had been smittcn with an evil
financial dispensation 1t would be unwise tc
say the Sherman law produced the panic The
date OF its incpiency cannot be traced to any
act Of iocal legislation. 1t began In South
America, where there Is no Sherman law II
swept over Great Britain, gold standard coun
try, where there Is no Sherman law The
panic sw spt on to Australia, whore the people
are the richest people In the world per capita,
where there is no Sherman law The panic got
to Austria, Italy and India, and is now going all
over Europe, without tbs dreaded presence OF
| the Sherman law.
Tho republican party is delighted to attribute
| the panic to the Sherman law in order TO escape
| its responsibility to the tarif. The Mckinley
| bill sought the sbcitering arms OF the sherman
law. The gold monometallis,s are delighted TO
| hide behind IL the work Of their own hands
| The bankers are interested in seeing the Sher
man act repealed 80 that now bonds may be IS
sued on which they can base currency
! am often asked why oppose the repeal OF
! the Sherman law now, after having opposeo Its
| passage in 1890 My answer is tnis "1s there
o man who having q patched coat would throw
! II away in the dead OF winter before he has got
| n new onef" Do the supporters Of the repeal
i bill propose to restore the conditions existing
at the time of its passago' o, no The Bland
Allison act-a democratic measure-was re
| pealcd by the Sherman law, but the repeal OF
! the Sherman law will not restore the Bland
Allison law
the Sherman law" nut it also says: "Repcal
! the Mckinley law" But would senators re- |
peal the tariff law and leave the treasury with |
out revenue? Would they repeal the Sherman |
law and leave the country without silver mon. |
ey? l do not doubt the repeal Of the sherman |
law would have some beneficial effects in many |
directions, 1t would give some Immediate case
to business and transactions partly through the
, hurrah which would be made. Commerce would
| revive, but the revival would be temporary.
| IL the dpcln on he NUOrhpps subs titute
were changed into legislative provision tas sug-
restcd b. Mr.. Walthall last week) would vote
for It, and the Sherman law would be repealed
without another hour of debate What, is in.
ternatonal conference wanted to settle the sill.
yer question: The Americans senate is the
| place to settle it,
AS 10 the president. supported him loyalty
In three campaigns and expect in many day
. | O. batte yet to bear his colorS and defend his
cause / shall not pay him the tribute of
courtier and fattercr who would say: "Behold
| a brave and honest man who has convictions.
! But will show him an American senator had
, also his convictions and is brave and honest
enough to be true to them. Not for u class, but
for all the people; not for q section, but for the
union; not for special interest but for the
: whole do l feel.
, On the 18th Mr. Lindsay dem, Ky.) spoke
| in support of the repeal bill He called atten-
!, | tion to the fact that the bill contains not
word looking to the discontnuance Of silver
t coinage under existing laws. and that II leaves
unimpaired the provisions OF the act of 1890 for
VIZ oo,'se ., DIV nrdnnr A. ed ,, nnsit;nn
r .,i.-s ~, ~ a,.,,t n,,t hna &c ,bo Low 4.
. | - I :. 80, 4. i ,,na,.n ,,h,t f,rther
0 legislation in the interest of silver the presi-
< ,, 80 wa - pp L.. -. ,h, e.. 10 ,,,,h
s "v S ,, ~ nv ",,, =, ,na ~ :.
t business man 1t would seem that the best
t thing to do with losing transaction would
;. be 70 abandon it. The question in the
i p,, 80 - ..,, a.. ,,,roh, %
si,,,o. So r,,n;on Pom,rinn =, Senatoy
;, - .n,,', nr.,ao,, ha spid no ,nd reod the
.,at,. nu 80 ~ aa tho av;Sonce
u "n ,hio, ,ha sana ,or rosts bis helief that the
r p p,,. s, an .ne . ;., -, Lnn to;th ,v;,r h;s
Il p,.,,, o,,a .bo ,,aon,n W NV
:, NJ atndaar nnnn,rce. that be would accen,
no andYnnn, ,n the ,,on6ing hi,, which toler.
c -. 80. ~, s,,n ~ ,,,p ,ro sa ~ s;,uar hnliior
= 80 - s ~ ~ ,e., A. An,on ,na To sno,,e ;r
l. 49, ~ uo,,aa, ~, .ha sI,,or nnrcha sing CLAUSE
!. ~ ~ Shrm,a,, i,n,
~ 1 ,r.So tho ,,o;mt that for s,xteer ve,rs II,
,eon aue M ar,i"ni ho', n,, Nd one ,tora ~.
, w 80 ,; no ~, i 80 ,;a aI ~ ~ s,Ivar ~ ~,
w poopo n,, &c ~. ~ ,'oosnra ~ va,,a
@ ,., 1000 su 10 t,ounr,, W. ,a,v ,va,
e .n exn"rir, ta, law also in one sense Nobol
'e .,;n,td - :, tha t;,,o ,hot ~ would stand lon
N '.,nu ~. .o .o .nta hoo,,s r. 10 imst n
a. ,inin os tho noon.dav snn that ~ we o.
10 pn nurcba.ino silver and nnttno a. Il
~ ,ho ,raasmru ,s bnl,ion n Ia oniv onestion q
Cow ,nnnt,s 80 for n ta,y ve,rs NJ most, whe,
TO ro ,,;u f,i, n redeem onr ohiga t,ons IN gold
n nd ,ha, ,,a vii, ho NJ a s;Iver stand,rd "a
. aon,innaa.
" "f 'rant :, renoot INV he,,o, nov TIM, au his
lie tow, 1;soIosos tho ,act tbat when you mai.
a avon anal, divercence het,yeen the estat
of HshaS n.in ~ tha ,rno co,,merc;a, ra,io tn
- nns,,,, J.. d;Sastroms nnder,al,a 70 say that ,
~ ;s ,,,, . ;mnoss;h,e for us to deaf with thi
u nnos,;n ~ 81 ra t;n :, = this tive Tba ratio =
IN N tn would he an increase of ratio h,
to oo,so ,,o have known the nr,ce n, silver I
:: ona"no " ~, % NV cont In singi
dnm T,o n,o,nort Tho ac,ion q, the india corr
NJ, uos Lnnun ai,ver vent down On nor cen
W. In ,ha nert uee,. a. went m TX ner cent How
tnan .nm ,v. roa,,a a rat;o that will measn,
,he valve =, al, dahts and ali credits IN m
Ia. has,s ~ ,ha h,i,ion va,us q, silver, The attn
,;on IN I,,cia haa changed the situation her
We NO ,rv;na roY, 10 ,,aen IN the nr;ce NJ
We tbing that viii 90 down below the coat of mr.
ed snn,i,n ,uh,t,er ,hat rax he
ar ar we continwe the silver nurcbases WE :.
- hold tho nri,;sh nniiov in India The inevi
n ~, ,,,oIS ~ =" dastror or irn,ir tho ahiIit
to- u,o aaaaa ,a nrnhasa aiuor =, u,,ii ha jmno
n, eease a., ~ ,,,ud" or Wn,,and 70 cary -,
10 nt lie, @ ,nS ., yin hsco1n an utter ,ainr
ed ''t 1T, ,hs ,nverrmsnt will nndartane the mr.
Tor ~ -, u.s. 49, +, ,;nnaI oaroam,ent hetvaen q
as. rcr o,d ,n,d halievo that that roIicv viii,
~ ,oaa,,,,ishod thn, uith,r hr;o, ,,.r;od u
~ Iii, ,a atis ~ raStora tho nar;,v hetween =,
IN | n,ois ond ,,roctica,,v =, reh.bi,itate si,ve
all g. ha,,a, 10 thn, 4, NC .ro q, hove on trtarr
am ,;S,n, noraanan, m ,,o nnust ,raI,e a. annear
~ 20 -, W -, ~, =. 80 ..e,....