The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1893-09-01

law. His race had felt the mailed hand long
before 1898. He attributed the distress to the
contraction Of circulating mediums; and in his
| opinion it could be relieved only by the en-
largetnent Of the volume of money. His con-
st1tuency combined patriotism with self-in-
terest. IApplause.] His race believed that
there was not enough money In the world to
act as currency. He was in favor of making
up the deficiency with silver aud to that ex-
tent he was In favor of free coinage and bi-
metallism. IApplsuse.1
SENATE,
WASHINGTON, Aug. 25.-Mr Vest dem,
Mo- sent to the clerks desk and had read a
communication from the director of the mint.
sent in response TO an inquiry, giving statistics
as to the quantity OF silver bullion purchased
SINCE 1878-the date of the Bland-Allison act,
its cost and the amount coined. He intfmated
pretty broadly that Mr. Carlisle, in his letter
to Senator voorhees, on the same subject, had
not treated the question fairly.
Mr.. Hill dem, N. W then took the floor and
began his speech, the opening paragraphs of
which attracted much attention.
At the conclusion of Senator Hills speech
he was heartily congratulated by many SEN
ators Senator Stewart New followed with
a free-silver speech, denouncing the pending
bill as a measure destructive of silver.
HOUSE.
The second day of the five-minnte debate on
the silver bill began In the house at 10 a. M.
Mr.. Pendleton (dem.. Tex.) and Mr.. Bowers
(rep., CALI were in favor of free coinage, and
Mr.. Dockery (dem., Mo- spoke in favor of BIZ
metallism.
Mr.. Moon (rep., Mich.) spoke for bi-metal-
ism.
Mr.. Cobb fdem., AIa.) opposed unconditional
repeal.
Mr. Burrows (rep., Mich.) called especial at
tention to the fact that within period of less
than four months from the time the democratic
party assumed full control of the executive
and legislative branches of the national gov
ernment the president had publicly announced
to the country and to the world that there was
general distrust and apprehension concerning
the financial situation of the country. He
quoted from the message of President
Harrison last December the then outgoing
executive, giving picture of the condition of
the country then in striking contrast to that
presented to-day, and suggested that those
citizens who nine months ago we're deluded
with the idea of the necessity for change,
had by this time the full measure of their de-
sires gratifed, unless they had an appetite for
misfortunes which no calamity could appease
and no disaster satisfy.
Mr.. Durburrow (dem., Ill) in favor of
repeal and urged upon his colleagues the
cessity of restoring confidence among the peo-
pie.
Mr.. Springer (dem ILL favored the uncon-
ditional repea of the purchasing clause of the
Sherman law.
Mr. Springer predicted that if the govern
ment should pass from the present standard to
the silver basis there would result at the same
time a financial crisis in this country, in COM
pariSon with which the present financial de-
preston would be evening zephyr TO a
western cyclone He did not believe the state
ment that some of the democratic representa-
tives and senators, and even the president,
would doubt the friends of the
repeal measure unless provision
were made for the free and un-
limited coinage of silver. II it be
that the chief executive will so prove false to
his trust twere better for him that milestone
were tied about his neck and that he were cast
in the sea. He did not believe that any gentle
man upon this floor contemplated such treason;
he did not believe for a moment that Grover
Cleveland would in the slightest respect prove
false to the pledges he had made.
HOUSE.
WASHINGTON, Aug. 27.-The galleries of the
house were full of spectators yesterday morn
ing before the hour of meeting 90 a. m), at
tracted by the announcement that the last
day of the great silver debate was to be signal
lied by battle Of the oratorical giants of the
house.
The first thirty minutes was assigned by Mr..
Wilson to Mr.. Clarke (dem., Ala) who be-
lieved in the duty of congress to fix the ratio
at 16 to 1, but he would vote to repeal the Sher
man law to which he attributed the present
business depression.
At 10:3o Mr.. Reed took the floor and deliv-
cred an eloquent address in favor of the bill.
The closing sentences of Mr.. Reeds speech
were greeted by loud and long g-continued ap-
plause on the republican side of the chamber
and from the galleries and even the demo
Gratis Gan unwonted spectacle) applauded
Mr.. Dearmon (dem., Mo- was the next
speaker. He opposed repeating and spoke for
re-coinage AS democrat he saw with shame
Il AIIA -
Secretary Carlisle went no higher than to copy
and follow the ruinous financial policy of his
predecessor.
Mr.. williams (dem., Ill) opposed repeal, he
contended that the Sherman law was not re-
sponsible for the present panic. The people of
the democratic party we're in favor OF the re-
peal of the Sherman law and the enactment in
lieu thereof of the Bland-Allison bill
Mr. Allen (dem., Miss.) made humorous
speech The country was i'll, he said, but the
remedy proposed was not the proper one. 1t
reminded him of the story of the darky, who
being left in charge of a farm, wrote to his
employer: DE cow has been sick. think she
is well of the disease now, but think she will
die of the remedy done give her." Laugh
teri
He (Ndr. Allen would like to cure the coun-
try of the disease but he did not want to vote
for remedy that would be worse than the
disease. He did not propose to be driven into
doing that which in his Judgment would be
bad for the people.
Mr. Bourke Cochran then addressed the
house
Several other speakers followed Mr.. Cock
ran an Mr.. Wilson, the author Of the repeal
bill &sed the debate with a speech in favor
of the measure He said the bill proposed
here would not demonetize a single dollar to-
day circulating in any part of the country.
The bill had come, not to destroy but to save.
[Applausel.
Mr. Martin (dem., Ind.) inquired whittier the
passage of the bill would necessitate the sale
of bonds in order to secure gold.
Mr. Wilson said that question of that kind
must be answered in the light OF experience.
not in the light of prophesy. The bill would
restore silver to parity with gold, and there |
would be no necessity for the government to
issue bonds for any purpose