The Providence news. (Providence [R.I.]) 1891-1906, 1893-08-26
LAST DAY OF DEBATE.
Tom Reel Eloqusntly Demands Re-
peal Of the Bill.
FINANCIAL MORALITY, He SAID
Is the Watch Cry Of the Republican
Party, Even In It's Defsat-Democrats
Rely Upon Republicans to Save the
Country from Financial Trouble.
SPECIAL TO THE NEWS.


Speaker Crisp announced under the hour
rule for the last day In the silver debate
that Mr.. Wilson would be the last
speaker favoriug the bill aud Mr.. Bland
the last speaker against its repeal.
Mr. Clarke wanted ratio OF 16 to l.
but he would not paralyze the industries
of the country by his vote.
Ex.Speaker Reed OF Maine was next
recognized.
AS he drew his bulky form together
vocferously received by the
Republicans. and even the crowded gal
leries broke into applause as he prepared
himself for his task.
In his Yankee nasal drawl he addressed
Mr.. Reeds Speech.
The Democratic party. he said, is
compelled to rely upon Republican
PATRIOTS N In this hour" [Cheers from
the Rcpublicans.l
Wouiu uot DO u uiSaUpoiuIeu.
The situation demanded actiop, aud
immediate action ut that.
The banks all over the country urge
the importance Of a prompt repeal
Business men aud business associa-
tious demand that congress obey this
voice Of the people
The Republican party, even
in defeat. he declared. glau-
N n or rttd n md .l,t.
more deliberately and emohatic lily,
clings to its principles of financial
morality.
He urged upon both partie, to forget
everything but the urgency of the hour
and to remeir Der that the honor of the
country depended upon the soundness o,
it's money.
For my part. do not expect the Demo
cratic party TO be utterly bad. do not
believe they will be permitted to do so II
they sho I'D so desire. Such is the re-
straining influence Of the people, even
after election, that believe that through
all the disguises, through all the masks
which this election has thrown over
the wishes of the people. neverthe-
less those wishes will be carried out.
But at this present moment no man can
know what will be the result of the ac.
tion OF this congress upon the manufac-
lures OF this country. IL the reforma-
tion OF the tariff were in the hands even
OF It's friends, II q change in the tariff
were contemplated by those men who are
in favor OF the principle of protection,
instead Of in the hands OF those who de-
nounce it, shonld feel entirely confident
that business would be stagnant or re-
nj m af N A nd htrr
nation of the tariff is In the hands of
men opposed to the present system. those
manufactures Of the country which
were built upon the present system must
necessarily call "A halt. II their goods
which they manufacture are to be in
competition with the manufactures OF
other lands, where the cost of production
is upon different basis, where labor Is
differently rewarded, rs n matter o. fact,
no manufacturer In this country will
dare to Manufacture goods until he
knows the basis upon which his labor IL
to go into the production of his article
OF sale. Until that question Is settle d on
may he sure that the manufacturers of
this co untry will never dare to manu-
facture more than the absolute nec.ssl-
ties OF the people require.
l will not undertake to we'll at this
present time, for / do not want TO con-
fuse the issue, upon those unfortunate
parts OF the Democratic programme which
are at present In abeyance, like the es-
tablishment OF state banks and other
financial measures. which we may pos
sibly have to struggle with. can char
acterize in single phrase the ciuse Of
the present condition Of affairs. 1t Is the
undi iscoverabe uncertainty OF the futurs
OF both the currency question and the
questions OF protection aud revenue tariff.
1t will be s.en from what have said that
do not regard the Sherman ac,. as In
itself. alone responsible for our present
condition OF affairs; that believe that
the causes of our present disaster under
lie that that the necessary sto2pa2e Of
hundre IL aud thousands Of mills all over
this country Is at the bottom OF our dis.
astcr. Nevertheless, l do bslieve that
the Sherman act aud the accumulation
OF silver in the treasury was the earliest
Indicator OF the disaster which We are ap-
proachiuR. and that It has played part
not entirely unfortunate In warning us
that We eau bc saved from still further
misfortune aud doubt We are now,
therefore, Ia this condition OF affairs. We
are on down grade to th at period of re :
cuperation, economy aud SELF denial
which, In some cases. may lead to very
grave aud serious suffering, for there can
be no doubt whatever that the threatening
aspect of affairs while 1t thre items this
country asawhole. capt. ,lists aud laborers
alike. Is more especially in the futurs
threatening To The laborlng people Of the
country. When mills are shut down they
shut down because they must ascertain
by Democratic legislation what the basis
OF their future man ufac,ures is to DO.
while we leave the question of tariff to
itself, there remains ior us 10 consider
the proposition which has been submi 0. d
to us Ny the. president Of the United
states as 20 the method Of dealing with
the financial question.
The sctic Of the or sdent I'm I the ac-
ton OF the u ajority Of the Democratic
erty acting together hss limited our