The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1894-05-12
Mr.. HORACE Chiffon
Speaks at the City Hall this
Afternoon.
! Ringing Democratic Spseth For Free
Silver and TariII Reform.

a 8OOu duultuO6 8dluereI al INT
city hall this afternoon to hear Hon.
Horace Chiffon discuss public is
sues of moment.
Hon. Richard III Harrison intro
duced Mr.. Chiffon "as 8 son of
Texas who had risen from printers
devil to the position of United
United States senator.
Mr.. Chiffon was greeted with
hearty applause when he began his
speech.
He learned that the people of Nc.
Lehman county would express their
choice at an early date, and he felt
it his duty to outline his position Of
the important issues Of the day.
He believed one of the principal
causes of the relative prosperity Of
the northern and southern sections
Of the union was Legislation favor
able to the former.
The tariff was al important fac
tor. In the South and South
west was cotton, product upon
which there can be noprotect.
ION by tariff The speaker went
on to show that the protective
tariff theory, however construed,
could result in no benefit to a sec
tion where agriculture is the main
source of industry.
Taking up government appropri-
atiOns, he told of the fortunes ap.
proprated to sections in the North.
An illustration of this was the fact
that there wa' no navy yard south
of Norfolk, Va and hence, very
few appropriations in that line,
save for Northern states.
Reckless pension expenditures by
the federal government. 1t was
true the veterans of the Mexican
war received pensions and they de-
served them. They were nearly all
Southern men, and added to the
union the grandest domain it ever
possessed. Like the tariff, the pen.
sion question is operating in behalf
of the Northern section of the
unlon.
Taking up the currency question
The speaker gave brief resume of |
the financial history of the country.
He told of how the English nation
made gold the standard of currency,
and no other country in the world
followed its example, until in 1878,
the United States, the greatest of
silver producing nations of the world
demonetized silver. Her example
was quickly followed by Germany,
and the greatest nations of the
world put themselves on a gold
basis. England's action was de.
liberate, but that of the
United States, if not clan.
destine, was not approved by
the people, and in 1874, the people
showed their disgust of the action
of the government by electing
Democratic house in 1874. In 1878
a majority of both houses of con.
gress favored bin etallism, and the
Bland bill was passed, but was
vetoed by Hayes. The bill passed
over his veto. Garfield and
Folger afterward warned con.
gross that the Bland bill would
result disastrously. But not one of
The predictions were fulfilled. In
1890, twelve years of experiment
lnder the Bland bill had passed. ,
New Legislation in behalf Of silver .
oeg an, and came into the oily hands
IF John Sherman, who shaped it.
lot to suit the desires and intentions
If the silver men, but by issuing i
reasury notes for the payment of i
liver bullion. b
The Sherman silver law was ac.
epted as a compromise, with a
lause pat in by the Democrats, that s.
hese treasury notes be redeemable fl
y gold or silver at the option of y
he secretary of the treasury. 1t
ecame, therefore, the stalking
orse of the gold operators who
sized for gold in payment, and
rained the treasury. The result
as that you conld not take notes 81
a New York bank and demand g.
ayment in gold. p'
When Cleveland called a special ~ ~
ssion of conpress. all D,moo.o4 al