The record-union., 1894-12-20

advocacy of provision for its repeal in
TINS Dill. Il know of no change of heart
comparable to it," said Mr.. Johnson, sin
elther sacred or protane history, unless
IL was the conversion of Saul of Tarsus.
But there the parallel ends. for Saul was
converted TO the right, while the gentle
man from Illinois was converted 10 the
wrong" lRepublican applause.
Mr.. johnson spoke almost two hours
and was literally applauded at the con-
ciusion of his remarks.
ON motion OF Mr.. Springer, the COM
mlttee then arose temporarily, and an
order was made fixing the time OF meet
ing of the House tomorrow at IL O'Clock,
instead of II. This was done to enable
the House TO devote several hours to de-
bate before the exercises in connection
with the dedication OF the statues of Web
ster ana Stark.
Warner Dem.l of New York, also a
member of the Committee on Banking
and Currency, took the floor in support
OF the pending measure. He denied that
the bankers who had appeared before the
the committee were opposed to the Car
llsle Dill, with two exceptions, St. John
OF New Iork and A. j. Warner Of Ohio.
lie declared that every banker who ap-
peared before the committee had indorsed
the principles upon which the bill was
based, and IN many cases had approved
its details.
Ellis (Dem.) of Kentucky followed. and
was the first Democratic mem Der of the
banking ana Currency Committee to at
TACK the Carlisle bill. At the outset he
proclaimed that he was convinced that it's
passage would remedy none OF the de-
1ects OF the present financial system. In
the committee two conflicting theories
had struggled for supremacy-one urged
by the officials OF the Government, who
desired protection from the assaults of
the gold spectators, and the other urged
by the bankers, who sought to extend
their privileges and increase their power
ana profits. The people had nothing to
nope from such schemes. He charged
that behind the bill were the same infiu-
enceS that forced the repeal Of the Sher-
man Act, and which on the occasion had
predicted that prosperity would follow.
Ihe repeal OF the Sherman law having
now admittedly failed, this currency
scheme has been insidiously pressed for
ward by the same high authority. For
thirty years the Democratic party had con-
demned the national bank system, yet it
was now proposing not only to perpetu-
ate the system but perpetuate it in form
more Objectionable than that in which it
at present existed.
Mr.. Ellis, in conclusion, charged the
Democratic party in Congress with being
false to the Chicago platform in not pass
d LdIIll Dl1l IOE T6NSuuS OulyS III not
repeating outright the 10 per cent. tax on
State banks, and in not restoring silver to
its position as money metal, on the
same terms with gold. The Democratic
promises" he said, Twill not be redeemed
until the people elect Democratic Pres
ldent. W hen that day comes, as | believe
it will, the Chief Executive will not be
chosen from that small class who believe
that all the financial integrity and capac-
lty in this country is quarantined on
Manhattan Island"
Mr.. Terry (Dem.) of New York gave
notice of an amendment he should offer,
10 make circulating notes redeemable by
the banks issuing them in equal parts IN
gold and silver
a resolution was passed to allow the
Governor Of New Hampshire and stall
on the floor during the exercises in con-
nectlOn with the dedication OF the statues
of Webster and Stark
Adjourned.