The times. [volume] (Richmond, Va.) 1890-1903, 1894-12-23
Representative Bryan Attacks the Car
ISle Currency Bill.
he SCORES THE ADMINISTRATION.
He Declares That President Cleveland 10
Only Protecting the Interests of Wall
Sireot-Othsr Speakers.


ment of an entire new system of banking
and currency IN this country until con-
ditions are changed. There were three
speeches against the bill.
opinion that the Issue OF greenbackS In
place OF rational bank circulation az
rapidly as 1t was retired would ahord
Mr.. Bowers RepD said that any party
which enacted legislation resulting In tas
destruction Of the national banking sys-
tenn and its circulation would be grouhQ
TO powder The issue o. bonds OF small
denominations 10 retire the greenbacks
would aid in relieving present conditions.
MIR. BRYAN ATTACKS TIE BILL.
Mr.. Bryan spoke for two hours, max
ing a general attack on the OIL! which ne
denounced as "A repudiation OF the pfin-
cples OF Democratic government.
Reviewing the circumstances attending
upon the inception and Introduction OF
the bill. Mr.. Bryan said " was an unpre-
cedented reputation Of the principles OK
Democratic government. No declaration
i'm favor of the annihilation OF grecnbacks
had been made by any party or pfdsi-
dent and Yet Immediately after the late
elections, the most remarkable In rHfy
years. the party In charge OF this con
gress proposed to surrender In the last
hours OF their possession or power the
control OF our banking and currency sys-
tenn to the banks by measure that in
cludes the prohibition OF greenbacks.
There was absolutely no excuse for the
bill. said MIR Bryan It's Introduction at
this time could not be defended unless is
would afford remedy for the evi. com
planned Of. The reason given by iis
friends and promoters for bringing IN
into the House was that the exgencies OF
the Treasury demanded IT, that the Treas
ury was being drained Of gold by the OK
change of gr-"nbacks therefor. But tie
bin did not proYlde even a primary REM
edy. The only remedy, as far AZ II re-
lated TO the greenbaeks. was 10 fund
them in bonds. Whom tha, was done, x
IL ..tFaY mar ha frnfIh1A tNntFid
exist, for the silver certificates would still
reman. and they must be redeemed In
sold on demand.
THE BoND ISSUE DENOUNCED.
The gentleman from connecticut Mr.
Spcrry) admitted at the close OF his
speech the other day that the situation
demanded the funding not only OF III.
greeubacks, but also bortion OF the 81
yer certificates. Mr.. Bryan denounccd
the bond issue as conspiracy nTa, nrt
the Government. quoting The riovsulent
of gold from the Treasury between tho
dates of advertising for bids OF the iast
issue OF bonds and OF the delivery oi the
last lot OF bonds as proof or his dsser-
tion. 'If we had brave Andrew Jack
son in the White House now he would
rise in his might and say: by the
dearer than those of Wall street HHt
Nvhat answer docs the present cher
executive make 'Whatsoeycr they asb
Of me. even 20 the half OF ms kingiop
IL shall he given to them.
Proceeding then to the provisions Ut the
bill M Bryan expressed MS opposltoh
TO them i'm detail. The FIRST ground ot
CDpOsitiOn was that giving 10 bankers
the privilege of issuing paper money. while
deriving other classes Of the same pflvi-
iege was government favoritism OF tho
worst sort. II VAS this sort ~ fnyorlt-
ism that bred more discomfort among
the people than any other thing.
Mr. Bryan expressed the opinion that
the active dissemination OF sm2ll-p0s
among the people Of the nation would bs
productive OF less harm than the grant
ing of this privilege TO the banks. Tho
second ground OF opposition WAS mat
the granting Of such a privilege makes
the recipient of IL an enemy To any law
that proposes 20 1bridge ar revoke a..
jefferson warned the people against the
establishment OF paper money banks,
State or national. Cleveland believed that
the ideal form OF government included
the entire diVorciug OF the government
from the issue of paper money
"It Is hardly necessary for me 20 state
said Mr.. Bryan. that ! sand with JcNcf.
sOn-n favor OF taking banks out ~
Government. rather than with Cleveland,
in favor of taking he Government out ot
the issue of money
MORE DANGEROUS THAS srASDISG ARMIES.
lie said Jefferson had expressed the
opinion that the expense OF private banks
OF issue would be more dangerous 20
Government than standing armies. IN
which opinion he fully concurred. 'Fcr
standing
such power to bear upon legislation as
can these banks
The thlrd ground Of Mr. Bryans oppo-
sition was that the Government caEaot
safely give 10 private corpofduohs tns
power 10 control the volume OF paper
I'm conclusion Mr.. Bryan called the at.
tention OF silver men 10 what he believed
90 be the purpose ot the blil-it was SIN, SIN,
ply another step towards the universal
adoption ~ gold mOno-meta lhsn. hvu
can be deceived II you like' fald hss
but ii you ;."e you simply deceive your
The only remedy for the trouble now
confronting the country and it's citizens,
in the opinion Of Nr. Bryan, was We
restoration OF silver, 10 stand beside s0id.
10 return 10 the constitutional colhass Vi
bob gold and siYrr M
MIR. Hryans speech closed the days dis
cuss.On.
Several private bills were passed ny
Unanimous consent. Nr. Engll6h tDeu,.
y. -. being cOmplaisant TO The extent OK
four OF these measures. Ihen ne pe-
manded the regular order. -
At 5I0 O'Clock The House, ,,,in,, u.slsI nro' roe
operation OF a concurrent resolution pro
vding tor a holiday recess, adJourhe'
until Thursday, January 9. iS'
Mr.. Georse uhJects to u Recess.
WASHINGTON, Dec. 23 - very slighf
and weak obstruction Was raised In the
Senate to-day against the concHfrent
resolution for A Christmas Tecess. Mt.
George tMiss.) objected 10 it's copslder,I-
grounds Of his objection. These were mar
after the recess there would be but lHr
months OF the session LETT. and mat
many very important matters @ere
required 10 be taken upon them, and
which would give rise 70 q great deal OF
discussion. He specified the NicaraSua
canal BILL the bankruptcy bill, The cur
rency reform bill. and all the great APP
preparation bills. one OF them containing
the provision, which would b-e bitterly
contested, for the collection OF the income
tax. In view OF the inlbeciity or the
Senate rules, which prevented the com
pelling OF action on any matter, when
opposed by even "A very small minority,
he thought that the Senate should rot
expose itaelf 10 a failure OF the appro-
priation as 10 the income tax. The hol-
iday sentiment proved 10 be IRE sistable.
bars. and permitted the resolution TO be
concurTed In.
Mr.. Morgan indicated desire 10 reply
TO Mr.. Turpie's three days speech
against the Nicaragua canal bill. but said.
he would not impose on the good nature
ter stand as Il is III after the holidays.
Mr.. Lodge offered resolution. which
went over, instructing the Secretary of
the Navy tC inform the Senate why all
United States ships OF war have been
from the Hawaiian Isisnis.
and whether, IN View OF the interests ~
the United states and Of citizens or the
United states in those Islands. a ship Of
war OF the United States 8hOuld not have
been stationed and retained AZ Honolulu.
A brief executive session was held, and
the Senate then. AT 1:i,. adjourned until
January Jd.