The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-08-15

and that IT met his partial approval.
1t provides that latter setting aside in
coin and bullion Gs q reserve such
amount OF silver bullion purchased
under the act Of July, 1880, as shall
equal the coinage value, the aggregate
sum OF tho treasury notes authorized
by that act) all the remainder OF such
bullion shall be deemed available for
the issue Of silver certi6catesi such re-
mainder or surplus bullion ahall be
coined into standard silver dollars and
such dollars shall be used for the re.
required by law, This shall not be
deemed to alter, or amend the provi'
sion of July, 1890.
The second section provides that ma.
tional banking associations shall
be entitled to receive circu-
lating notes to the value
at par, OF United States bonds on de-
posit, not, however, 10 exceed the
amount Of capital stock actually paid in.
The bill was read and referred to the
finance committee.
Mr.. Hill (Dem. New York;, here Of
fered resolution declaring to be the
sense OF the senate that no legislation
pertaining to the finances shall be con-
sidered at the present extraordinary
session OF Congress. He asked that tho
resolution lie on the table for the
present,
A PREE SILVER ARTICLE.
Mr.. Stewart (Rop,, Nevada,l sent to
the clerks desk to have read an article
from the New York Recorder headed
"Give us free silver" After q portion
OF the article had been read objection
to its further reading was made by
Senators Hoar and Hawley, and the ar
ticle was ordered printed as docu.
ment, Mr.. Stewart remarking that the
Recorder was the first great paper in
the city OF New York that had said
word against the annihilation and de-
struction Of half the money Of the coun-
try and that that showed either the
sentiment OF New York on the subject
OF silver was changing or that the Re.
corder was a very bravo paper.
Mr.. Hoar (Rep., Mass.) gave notice
that he would tomorrow call up tho
resolution as to the Montana senatorial
case, and would after Wednesday press
it to a conclusion, to the exclusion OF
all other business.
Mr.. Vest (Dem., Missouri) called up
the resolution offered by him last Tues
day, fayoring bi-metallism and the free
and unlimited coinage OF both gold and
silver without discriminating against
either metal; but maintaining their
parity.
Before beginning his speech in sup.
port OF the resolution, Mr.. Vest had
read the declarations in the Republican
and Democratic platforms on the sub
ject OF silver in order to show that both
partiea were practically agreed on that
question. He said that 1t was time for
the people Of the United States to know
whether politics were juggle and a
fraud or whether the solemn declara-
ton of parties was worthy tho conf
dence of free people.
Taking up the Sherman act, Mr..
Vest spoke OF it as houseless and
homeless legislative dog, With no one
even to give 1t bone and without be-
ing able to find q kennel in which to
hide its dishonored head. And never
theless he would vote against Its repeal
without guarantee as SOLEMN as tho
great necessity Of the people that silver
shall exist In the United States a. a
money metal. He had been known as
the firm and unshrinking friend OF the
President OF the United States, and has
in all his campaign speeches in Mis-
souri, declared Mr.. Cleveland to be q
bi.metallist like himself; and that
thew only differed in reference to
the ratio. He had had the right
to make that statement because
Mr.. Cleveland had accepted the
nomination on q platform which pledged
the Democratic party to bi-metallism,
It had been as well known that the
Democratic party stood on the doctrine
OF bi-metallism asthat ithadmet in Chi.
cago and nominated Grover Cleveland
for tho presidency. lie did not under
take to say now that the President was
opposed to bi.metallism, or that he
would not give his executive sanction to
measure to coin silver at q CONNER
cial ratio with gold, hut he did under
take to say that the Presidents message
was most significant for what it failed
to say, He undertook to say, with the
greatest respect for tho President and
without the slightest doubt Of his hon.
esty OF purpose, that when he tailed lin
that great state papor) to say one word
in respect to bi-metallism, he certainly
meant that consideration OF the ques-
tion OF free coinage OF silver at any ra-
ito was 90 impracticable thatit did not
need executive notice.
FRANCES EXAMPLE
Mr.. Vest spoke Of the bi.metallism Of
France, and declared to-day the French
people arc financially the frst people
in existence. The French peasantry
hoarded their silver five.franc pieces,
and 80, in the United States, the col
ored men OF the south would hoard sill
yer dollars II they could get them.
Why, no asked. should not the Unitod
States float five hundred millions Of sill
ver in the country instead OF being told
that the country would bo ahipwrocked
II silver coinage was continued another
dnyp Il was not (he asserted) the over.
production OF silver that had brought
down its value. II was legislation that
had dono it--leglslation In Germany
and the United States. How could II
| bo expected that silver would retain its
value when those two great. nations
took away tho monetary use Of sllVorP
In replying to questions by Mr.. Gray,
Of Delaware, Mr.. Vest asserted that any
discussion on tho subject would be i'm.
perfect and unsatisfactory which did
not admit on both sides what was