The morning news. [volume] (Savannah, Ga.) 1887-1900, 1893-09-13
Costly Talk

Tho talk NJ the silver senators iH The
. Senate is costing The people O. great del'
of money They understand that thcy
cannot prevent the rcpea. OF the sherman
. silver law and yet they avail themselves
of the rules of the senate which permit
OF iutermiuable talk TO delay the repeal
OF the law. The delay in repeating 10
. prevents money from being as plentiful
/ and cheap as 10 otherwise would be and
. the scarcity of money which still prevails
10 very considerable extent prevents
/ prices OF agricultural and manufactured
/ products from rising, ana c0mpels people
/ to pay high rates of interest While 10 is
/ true that the belief that the sherman
/ silver law viii be repealed has had the
/ effect of restoring oOniden e TO
very great extent, and there
/ fore making the money market easier,
still the feeling that something may oc-
| cur to prevent repeal obstructs business
! and limits the prosperity the country
would enjoy if the Objectionable law
We're out of the way The managers Of
great inIustes are waiting anXiously for
definite action by Congress before en-
.arging their operations and making new
arrangements. They want to feel Ger
tain that the road to success is clear be
fore making large contracts.
Here in the south the price of cotton
has advanced nearly two cents d pound
since the House voted to repeal the Sher-
man silver law, and there is some ground
for saying that the price of middling cot
ton would 90 to cents, pound if the
Senate should follow the lead ofthe House
on the silver question. The reason it
would advance is that the stock of cot
ton in the all the domestic mills is low,
and if the relief legislation so earnestly
demanded were enacted there would be
at once an extraordinary demand for cot
ton products, and this demand would
cause an increase in the demand for cot
ton.
No doubt other causes than the belief
that the Sherman silver law will be re
pealed have helped TO bring about the re-
cent rise in the price of cotton, but the
Improvement in the financial situation
has had great deal TO do with It, 1t is
apparent, therefore, that the hopeless
fight the silver senators are making
against the unconditional repeal of the
Sherman silver law is costing the country
hundreds of thousands of dollars daily.
The silver senator's, however, do not
seem to be taking into account the injury
they are doing the,people by obstructing
the repeal Of the Sherman silver law, or,
If they are, they are Indifferent in respect
TO it,. In his speech in the Senate on Mon
day, Senator Pugh, of Alabama. declared
he and other silverites would oppose the
repeal of the law as long as they could
He declared he thought he knew better
than thenewspapers what his constituents
want II is doubtful, however, if he does
All over Alabama resolutions have been
adopted by the most intelligent men of
the state urging the prompt passage of
the repeal bill. Senator Pugh does not
appear TO have kept himself informed of
the sentiment in his own state in the mat
ter of the Sherman silver law. From dis
patches from various parts of that state
the conclusion is irresistible that the
people are overwhelmingly in favor of
repeal
The silver senators complain that the
press of the country is trying to bulldoze
them into doing what they do not believe
would be for the best interest of the
country The newspapers, as a general
thing, say what public sentiment is, and
they have done practically nothing more
than to give expression to this
sentiment. They have asked the
Senate to act promptly, because
many realize that unless it does
act in that way there is going to be
return of the hard times that existed
during the severest part of the panic.
The people have been very patient
with the Senate If that body does not
act very soon they will speak their minds
in respect to the Senate's costly and un-
necessary delay in a much more emphatic
manner than they have yet. Senators Tel
Ter, PETER and Stewart may complain of
the newspapers as much as they like. but
as matter of fact the newspapers speak
for the great majority of the people, If
those senators are as anxious to obey the
will of the people as they pretend to be,
they will cease their opposition to the
repeal bill and let the country have the
relief legislation that will bring it a full
measure of prosperity.