The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1893-08-30
BUREAU OF THE SENTINEL.

WASHINGTON. ID. G. Aug. p.
Shortly before Senator Voorhees, con-
cluded his address in the senate Con-
gresham Bynum was accorded the floor
in the house. He was given splendid
attention by both democrats and repub-
leans as well as by the people in the
galleries, which were well filled. His
argument for the repeal of the Sherman
law was strong and symmetrical in it's
arrangement, concise in style and very
effectively delivered. Mr.. Bynum's man
ner is earnest and sincere. and today he
seemed more convincing than usual His
plea for the putting aside OF partisan-
ship was n sincere and manly utter
ance. but did not find favor in the eyes
or Hepburn of Iowa, who followed. and
who made the most rancorous partisan
deliverance OF the pending debate. Tho
thoughtful members OF both parties.
however were pleased. and warmly con-
graduated Mr.. Bynum at the conclusion
OF his remarks.
MIR. Dynum's Argument.
Mr.. Bynum, in advocating the Wilson
bill. said that unquesuonably the vast
majority OF people believed that the
Sherman law was responsible for the
evils described by the president. Since
tho passage OF the act the price OF silver
had gone steadily down. By this fall
the government was losing more than
so. 600 900 year. Gold was being ex-
ported in large sums. lie highly euio-
gized the action OF Secretary Carlisle
for his refusal to issue bonds. lie did
not believe that a vote would be changed
under the threat that n 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 appreclably
fallen in value during the past twenty
years because during that time IL had
been under fire. There might be some
truth in that assertion. The United
States could not open it's mints 90 free
coinage at any ratio with the minis OF
all the other civilized nations closed
against IL. This country could decide
on no ratio that would give fixed
value 20 silver. II the United States
should adopt free coinage act there
would pour into this country in one
year more silver than the minis could
coin in ten years. The free coinage OF
silver at this time would be the severest
Free coinage here meant silver mono
metallism, and no one was arguing TO
destroy silver metal more utterly than
the advocates OF the BLAND amendment.
Free coinage would damage our trade
and commerce and a fall in the value
OF money would mean fall in the value
OF the money in which the workingman
was paid. Should free coinage be de-
cided upon he would bid farewell 10 any
hope for tariff reform.
Mr.. Hepburn ridiculed the idea that
partisanship could be eliminated from
this debate and satirized Mr.. Bynum Ga
man who had defied Speaker Reed in
the most insulting te.ms) for asking
that cant and subterfuge should be elm
mated from this discussion. He opposed
the repeal Of the Sherman law and he
protested against the shifting process
of legerdemain by which the democrats
attempted to place the responsibility OF
the repeal upon republican shoulders
and to make the republicans admit that
the Sherman bill contained all the in
iauities which the democrats In their
enthusiasm charged that II did. Gap
plause.)
The banks, the boards Of trade, the
chambers of commerce, the monied in
situations did not rule the business OF
the country Their business began
where the business OF the producer
ended. CApplause)
He believed that the Sherman act, In
it's operation. as beneficial at all times.
and IL was not harmful today. The true
way TO solve the financial question was
10 compel by wise and tudicious legisla--
ton the balance of trade TO be In our
favor. (Applause) Let US buy less
abroad: let us patronize less the labor
fields of other lands and more of our
own. (Applause)
Let US, by judicious measures, in
crease the merchant marine. let us Sc
cure by proper methods (of subsidy or
bounty the production OF all the sugar
we need. (Applause.) All bankers are
monometallists and they recognized
President Cleveland as one.
The General Debate.
The general debate in the house opened
for the day with a speech from Mr.. Hop
repeal.
The surprise of the day was the speech
OF Mr.. Hepburn, who was comptroller OF
the currency under the Harrison admin
| intration. He disagreed with his party
colleagues and emphatically declared
| against the repeal Of the Sherman law.
That law, he continued, had been bene-
fetal In its effects and II should not be
repealed.
Mr.. Mallory of Florida said the tariff
was responsible for the present depres-
sion. He wanted some middle ground
| taken on silver.
Mr.. Lande of Illinois contended for free
| coinage as did Mr. Newlands Of Nevada
| and Mr.. Jones of Virginia.
In the evening Mr.. Ellis OF Kentucky
spoke for free coinage and Mr.. McKaig
OF Maryland against. Mr.. Cooper OF
| Texas spoke against the Wilson bill
and Mr.. DeFo-est OF Connecticut for II.
Mr.. Arnold OF Missouri spoke against
J repeal as did Mr.. Williams of MissIss