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

his colleagues to remember their party
platform, while Bourke Cochran of New
York repeated the incidents Of the last
democratic national convention. in which
he played such an important part, and
argued that the true Interpretation Of
the platform was not that sought to be
given by the gentleman from Illinois.
William Wilson, the author of the re-
pealing bill. and Richard p Bland, the
author of the substitute measure upon
which the first vote will occur, closed
the debate for their respective sides in
excellent speeches. The speech Of
Bourke Cochran was a strong, forcible
speech, but it did not abound in those
flights of oratory which have made him
famous. He failed to devote any con-
siderable portion of his argument TO
answering Mr.. Bryan, although he had
been heralded as the man held in re-
serve by the repeating forces to answer
the brilliant young Nebraskan. His ar
gument that the bankers are a debtor
rather than a creditor class and that
the banks of New York would be bene-
flied millions of dollars and the day
laborers of the country robbed of 40 per
cent. of their pay by the policy advO-
Gated by Bryan and Bland was an in
genious one, but when the Nebraskan
inquired why, if that were the case, the
bankers of New York are denouncing
himself and Mr.. Bland. while T. V.
Powderly, the representative of organ
ICED labor. is supporting their policy.
the query brought down the applause
of the house.
-
bankers believed honesty TO be the best
policy was loudly applauded. but his
subsequent comment that Powderly is
pursuing the same line of mental aber-
ration as Bryan and Bland was not re-
ceived by the house as a retort in &C
cordance with the best ethics Of par
Hamentary courtesy.
During the entire day the galleries
and Hobbies Of the house were crowded
to their utmost capacity. On the floor
of the house were Vice-President Steven
son. Secretary of the Treasury Carlisle.
Secretary Of the Navy Herbert, President
A ]. Warner of the Bimetallic league,
| Senator Palmer, Senator Cockrell and
| several other memvbers of the upper
body who have taken a prominent part
in the financial discussion in congress.
The speaker announced the order of
the days proceedings Under the hour
rule, he said, the time in favor Of the
bill would close with the member from
West Virginia, Mr. Wilson, and the time
in opposition to 1t by the member from
Missouri, Mr.. Bland. The first thirty
minutes was assigned by Mr.. Wilson to
Mr.. Clark demD of Missouri. He
believed that it was the duty of congress
to fix the ratio at 16 to l. In his opinion
there was no difference in the ability Of
the country to carry out silver coinage,
between a Is and a 20 ratio. If the
country could do with a ratio Of 20 to
l it could do with a ratio OF 16 to /.
Still, he would not cast a vote that would
paralyZe or continue the paralysis Of in
dustry all through the country and in
his section. There was no question
about the necessity of immediate action
in order to restore confidence. The
| trouble was thought to be due to the
policy of purchasing silver under the
Sherman law and whether that belief
was correct or not he would vote to re-
peal that law; he would do anything
that would restore confidence. We are.
he said. doing nothing more in repeating
this law, than wiping it out in order to
relieve the people of the country in the
immediate distress pressing upon them,
and to give the democratic party the
opportunity ana leisure on due reflec-
rion, TO revise the whole financial sys-
tenn of the country. And l have the
most supreme confidence that it will do
so on wise lines.