The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-05-29
Senator Walsh's Speech.

1G4dN0A W dAeA . SRCONAs
We present extracts in our dispatches
this morning from the speech of Senator
Walsh on tariff reform. Mr. Walsh has
much more to say about other matters
than the tariff, though he makes it quite
clear that the iniquitous Mckinley tariff
is responsible for much of the business
depression from which the country is now
! suffering, and that he supports heartily
! the pending tariff bill.
( He is in favor of the free coinage of sill
/ yer, but he wants il understood that he
/ thinks the country is able to MAINTAIN
| silver currency on parity with gold cur
rency, even if free coinage of silver with
ont any safeguards should be adopted
The reasons he gives for thinking 50,
however, are not very convincing. They
are such reasons as might be expected
from one who is not sure of his position
And he does not attempt to show that free
silver coinage would benefit anybody eX-
Cept the silver producers if the parity be
tween silver and gold should be main
tanned. He ignores altogether the fact
that the country would be overwhelmed
by frightful financial disaster if free
coinage should he adopted and it should
he found impossible tomaintain the parity
of the two money metals.
1t is unaccountable that Senator Walsh
and other silverites do not frame a free
silver coinage bill containing provisions
for maintaining the parity between gold
and silver. They assert that they want
parity maintained The means that
might be provided for maintaining parity
would not be used unless il became neces-
sary to do So If the silverites are really
sincere in what they say let them intro
duee free silver coinage bill containing
such safeguards as will enable the govern
ment to keep silver on parity with gold
Why do they continue to insist upon free
silver coinage without taking such steps
as are necessary TO secure it in accord
ance with the silver plank of the national
democratic platforml The platform says
that the silver dollar must be kept on
parity with the gold dollar-that it
is the policy of the Democratic party that
it shall have the same power in the pay
uhent Of debts and in the markets of the
world as a gold dollar. If Senator Walsh
wants TO make lasting reputation for
himself let him introduce a free coinage
bill having such safeguards as will sat
isfy the country that under it a silver
dollar will circulate on a parity with a
gold dollar Either he and other silver
ties should do this or cease talking about
the free coinage of silver. They are only
creating the impression now that they
are either not sincere or are not well in
formed in respect 30 silver.
Senator Walsh says the peo-
pie of the south admire
the President, but differ with
him on the question of the free coinage
of silver. 1t is true the southern people
admire Mr.. Cleveland, but where does
Mr.. Walsh get his authority for saying
they differ with him on the question of
free coinage of silver From the utter
auces of the populists2 He certainly
doesn't find it in the platform recently
adopted by the democrats of Alabama
and Missouri. And he will not find it in
the platform that will be adopted by the
democrats of Georgia next August We
venture to say that every southern state,
with the possible exception of South
Carolina, will declare in favor of an
honest silver dollar and that is just what
Mr.. Cleveland favors. Any free silver
coinage measure that would keep silver
on parity with gold would have his APP
proval. lis, however, against de-
based, dishonest silver dollar-the kind
of a silver dollar that would result from
the silverites' scheme of free silver
coinage-and the south is against that
kind of a dollar