The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-02-15

east to west can fail to be struck by
the fact that there is after all an unity
of sentiment between the two sections
of the country that no language will
ever blot out or destroy. The southern
and northern Democrats may not b.;
able to live together. / am glad they
are not able to live together But ]
say to you, the Republicans of the east
and Of the west and Of the north and
south have thus far found some meth
Cd Of living together and they will in
the future. applause on Republican
side.)
Now let me address myself to the
comparatively small matter at hand
Naughter). / have witnessed periods
/ Of great emotion and I have noticed
that it very often happens in the hts
tory of this house and of this country
that events which seem to be very
stirring and striking and to porten a
tremendous future are not thought
much OF a fortnight after their occur
| renee.
NOTHING BUT TALK.
Il admit, however. the importance
in many ways of the proceedings OF this
/ house at this time. 1 wish the results
! were not a foregone conclusion. I wish
there was something more than Ian
guage left to US today. Gaughter). But
/ that being all there really is at stake,
/ as the matter will run out, as gentle
men know, it seems to me very impor-
tant that whatever we say here shall
nave tendency to strengthen the
credit OF the government. We are not
through our difficulty. We have long
months in front of US before the period
OF recuperation sets in. We ought not
10 say anything or dosanything which
/ viii make that period of revival longer
/ in coming than it ought to be- I there
lore feel called upon, for my part, to
reinforce the remarks so ably made by
my friend, the gentleman from Illinois
I tCannon) as to what the government
mas done in the past with its bonds.
IFS bonds today ought to stand in the
front rank of national bonds If honesty
or effort in payment of the same could
count for anything in the history of the
| country.
ALWAYS PAID IN GOLD.
Gentlemen say We are at liberty to
pay these bonds in something else be-
sides the equivalent of gold. Whether
we are or not, the fact remains that
urged on by an inexorable law. we have
thus far paid in gold or its equivalent
and every man in this house believes
We shall do so in the future. applause
| ms does not in any way initiate
against anybody's belief as to bimet-
aiilsm, whether international or nation
al FOREMAN who are in favor of free
coinage OF silver are so because they
DelleVe free coinage of silver would
bring silver to a parity with gold
therefore all sides of this house-in
parties which are recognized in the
government Of the country Qaughter)-
are agreed as to the result. And 1T is
a great pity that we should be in a con-
dit1on so that anybody could make any
other charge. But diseases Turk ready
10 attack system which has been
wasted by other diseases or by cold or
exposure. Now the trouble OF our sit
uatfon is that our body polite, our
government, has been so reduced by
two years Of party rule of such a
character that our expenses are not
PAID by our income, that the govern
ment of the United States is for the
time being running behind
Whatever the present situation, a
greater amount Of criticism is to be
bestowed upon the past and this
agreement presented here for the in
spection of the house is in accord, it
seems to me, with the government Of
this country for the last two years.
1T OUGHTN'T TO HAVE BEEN.
1T may be that judge harshly.
1t may be that this agreement is the
result of the; unfortunate condition in
which the government was found. It
may be that no guilt attaches to this
except so far as it is the result of
causes which never ought to have
been set in motion. However it is.
that contract is now presented to US for
approval or disapproval.'
1t is not hoped continued Mr.. Reed,
to increase the rate provided in this
contract, provided we make the bonds
sold payable in gold" That word is
practically there now as everyone
agrees. This resolution does not in
volve the establishment of a policy; it
tt<<v,
OF the government. Some tell us it
would govern all future transactions
but he, Reed) did not believe the sec
rotary Of the treasury woud attempt
another such contract after his ex-
perienee with this. The policy Of re-
deeming our outstanding obligations
in gold was established by a Demo-
cratic administration. The bonds is
sued under the contract made by Sec
rotary Carlisle were to procure gold.
Does anyone imagine that gold will be
refused when they are redeemed
FOR FREE COINAGE-ONCE.
When Secretary Sherman issued
bonds for gold he announced that they
would be redeemed In gold. The trou-
BILE seemed that many did not under
stand this. They did not treat the
matter when they spoke of it as affect
ing monometallism or bimetallism. A
nation could not be sued but like
gentleman it had it's honor to preserve.
1t could not act dishonorably.
Mr.. Reed called attention to the fact
that on June IS. 1890. Messrs- Wilson,
Bynum, Turner. MONTGOMERY and
Tarsney (all of whom would be found
voting for the bilD had voted for the
free coinage of silver. A great laugh
convulsed the house as Mr.. Reed pro-
duced the record. The gentleman from
Maine frowned, however, and disclaim-
ed any intention of raising laugh.
simply mention this" he said. ito show
the constraining influence or those IN
power" Uaughter).
And every one who is now voting |
the other way has been retired to pri- |
vate life,'' shouted Mr.. Wheeler (Dem., |
Ala) Renewed laughter).
INDIGNATION AND DUTY.
"A nations credit is its stronghold"
concluded Mr.. Reed. Disaster may |
happen-a Democratic administration |
may occur-anything. in short, may |
always is to preserve the nations |
credit. and therefore we should not let |
our indignation at the terms of this |
contract swerve us from our duty"
Mr.. Bynum Dem, Ind combatted |
the statement by Mr.. Bryan that the |
resolution would retire Sos, 0oo, eco in |
greenbacks and said the Democratic /
administration would be sustained.
however fiercely the waves beat against
it,
The debate WAS closed by Mr.. Wilson,
who admitted that the contract made
by the secretary OF the treasury con-
tanned hard terms for the government
but he believed those We're the best |
terms obtainable. But congress could,
by giving the secretary of the treasury
authority to write in the bond what the
contracting parties thought should be