Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1894-04-06
THE SElCNlORACE VETO.
Views of Congres-men George d. Wise
and ID. Gardiner Tyler.
West Point VirginianD

tWCst Point uBilldH1
WASHINGTON, u. C., April 3.-Nou
ask me TO send for publication in the
Vlrelnian my opinion Of the veto mes
sage. | do not understand this 70 be an
invitation for tho statement OF my posi-
ton on the monetary question. but only
as an expression Of my approval or as
approval Of the message OF Mr.. Cleve-
land. in which he gave the reasons for
refusal 10 concur I'm the action OF Con-
gress in directing the coinage Of the sil-
yer bullion held in the Treasury. The
President was fOrceful and clear in the
presentation Of the arguments against
the measure, but my judgment Is that
ne committed mistake. | voted Tor
the repeal Of the Sherman act because
believed it TO BE-. as declared In our ma
tional platform, "a cOwardly makeshiit
No such arrangement can ba long CON
tinued as a part Of sound financial
policy. 1t was calculat u 10 produce just
such disorders as those with which the
country was afflicted. There are widely
divergent opinions IN both parties on
the silver question, and the action or the
President Is likely to cause heated as
cussion. We cannot coin more than
1.HDHN Der IibHll. AZ ti4dl idtt IL nONtH
have required two years for the CONVEX
sion Of the seigniorage into coins. i DO
not think that the infusion into our cur
rency of such amount OF silver would
have caused any disturbance to our
financial system. If the President had
signed the bill the silver question would
have been practically disposed of for
the period of three years at least. The
advocates Of silver as a money metal won.
have been satisfied with that recogni-
ton, and would have regarded II as "A
pledge that an effort would be made in
the near future for the adjustment OF our
monetary affairs in such cOmprehen-
sive and conservative manner as VIII
accord to silver its proper place in our
currency. The agitation Of the question
at this time will in my opinion, prove
more injurious than the coinage Of the
bullion By the veto the question Is
thrown back for discussion, and | fear
that the result will be hurtful. II IS
very important 10 have speedy action on
the tariff. Delay in dealing with that
question IS injurious 10 our productive
interests and commercial pursuits The
renewal Of silver agitation may. and pro-
badly will. postpone tariff legislation. To
sum up, IL is my opinion that the coin
age Of the bullion would have had no
injurious effect, and that the approval
OF the bill would have avoided the posi-
biity Of dissensions and embarrassing
complications. q. ID. WISE.
WASHINGTON, ID. C., April IL am
disappointed at the action OF the Presi-
dent in vetoing the Bland seigniorage
bill. On this issue he is at open vari-
ance with three fOurths Of the party
that elected him. and he has gone fur
Their in his hostility to silver than any
previous act or expression OF his tustfies.
The Democracy OF the South and West
will not cease their efforts to restore the
double standard, and are unalteraby OPP
posed to the further issue Of bonds. II
is unfortunate that this lack OF accord
exists between the President and the
legislative branch OF the government,
but the Democratic Congress has shown
itself in full touch and sympathy with
the Democracy of the Union. and this
action OF the President will not shake
the confidence of the people in the party,
or In its representatives. Under the
Democratic banner alone Is IL possible
to win the fight for the restoration Of
the money Of the Constitution.
D. GARDINER TYLER.