The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-02-15
1S7 Republicans and u Democrats
Voted Nay, and - Democrats, p
Republicans and Pops, Yea.
SILVER MEN DISAPPOINTED
THEY EXPECTED At LEAST 100
VOTES FOR FREE COINAGE.
White Metal Championed ny Ex-
Advocated by Turner and Dalzeil.

WASHINGTON, Feb. 1.-THE majority
against silver in the House to-day, when the
final vote was taken on concurrence in the
Senate free-coinage amendment. was larger
than that of yesterday in committee OF the
whole. Yesterday the motion TO concur was
defeated 100 10 so. a majority OF 10: to-day
it was seaten 215 10 s0-a majority OF 125.
The vote to-day was a record-making vote.
and, counting the pairs, but 81 out of S5s
members were unaccounted for. Perhaps a
few. absentees lodged. but most of them
were unavoidably absent, and were unable
to secure pairs. The silver men. who yes
terday predicted a much greater showing OF
strength to-day, were again disappointed.
The ..sound-money'' leaders had been dis
posed TO concede the silver forces 100 votes.
An analysis OF the vote to-day shows that
1874 Republicans and 81 Democrats voted
against concurrence, and 5s Democrats. -
Republicans and Populists for concurrence.
The debate which preceded the vote was
OF an interesting character. but devoid or
any sensational features The galleries. as
usual on a field day i'm the lower branch OF
Congress. were crowded 10 the doors, and
quite number of Senator's including Palm
er, Bacon, Cockrell and Butler, sat through
the fve-hour debate Secretary Herbert was
also present. Ex-Speaker Crisp presented
the closing argument for the silver men.
and was replied TO by MIR. Turner. a Demo-
cratic colleague from Georgia, in two
hour speech. The personal rivalry between
the two leaders of the opposing factions OF
the Democratic side of the House added to
the interest of the occasion. Mr.. Dazell, OF
Pennsylvania, closed in behalf OF the Repub-
licans. The partisans OF the respective
champions missed no opportunity to acclaim
their approval when telling points were
made, and at the close the honors seemed
even.
Ma. cRIsP's SPEECH. -
Mr.. Crisp opened his argument with the
familiar words: I'm 1873 Congress denione-
tized silver" At the very threshold OF
the subject, he said. this was denied and
it was also denied that, up to 1873 had
had bimetallism In this country. He quoted
Baron Rothschilds statement that prices
were regulated by the aggregate amount
of the circulation, gold and silver. Prices
were fixed by the amount of primary money
in the world. IL the standard An England
was gold; in France silver and in tn.nA
silver, the measure OF values would De
the combined amount OF both gold ana
silver circulating IS money. Money was
the thing for which all contended and the
sum OF the demand for money was equal
IL a metal were made money by law a
demand for that metal would be created
among all the people and its value would
necessarily increase with the increased de-
mand. Here he read from statements
made by Senator Sherman i'm 1876 that the
denonetization OK silver had caused re
duction OF it's price and had created a mad
scramble for gold on the pars of England,
France and Germany, which had appre-
prices prices Throughout the W world. That faii of
prices, Mr.. Crisp asserted, was largely
due, he would not say wholly, 10 the de-
Of f'i, prices that was eompiained OF, but the
constant and steady fail of prices due 10
the constant appreciation of goid.
Mr. Crisp read from Mr.. Bal,our's speech
| of the 11th inst. in the English Parliament
| attributing the decline Of agriculture in
gold countries to the. appreciation of gold
and the articfic.al advantage IL gave the
| silver countries. Mr.. Balfour had also de-
| clared that the obstacles to reform came
| not from abroad. but were put forward at
| home. Continuing, Mr.. Crisp affirmed the
| existence of a weli-defned purpose by those
| i'm authority both here and abroad TO de-
| press the price OF silver in order 20 pre-
| vent its reconciliation. He cited the mans
ner i'm which the Bland-AilisOn act OF 1873
was executed, the coinage OF the minimum
! amount under the act and the refusal OF
| silver under the act Of lsee He cited Sec
retary carlisle's refusal TO give silver for
for for the n, rec redemption of the treasury notes,
and his course a few months afterWard
rp1epmlng those
| kind Of juggling is that2" he asked. What
sort of friendly treatment OF silver Is
that (Applause)
| AIR. Crisp then directed his attention TO
| the manner I'm watch the parity between
| the metals had been maintained Every
obligation of the government-oonts. green
backs and treasury notcs-was payable in
coin. If that was not true. and they were
| gold obligations. why Did not those who
believed that have the courage 70 say so
and save the tax ridden people millions in
| interest In February. 1895, Congress could
have saved the people sI6,oo0.ooo in interest
| by authorizing gold bonds. Congress re-
fused said MIR crisp. "we paid sixteen
millions for the privilege OF paying In silver.
and now you attempt 10 deny our rights TO
| do So (ApplauseD
THE PRESIDENTS APPEAL.
I "Mr. Speakers' said he. continuing "a
few days ago our condition was pitiable.
| Tie greatest nation i'm intelligence and
trade. we had just appauded 10 the echo
the Presidents message warning European
powers that they would not be permitted
| TO secure lodgment on the American confi-
nent The reverberations OF the applause
had hardly ceased before the administra-
tion, with shaking knees. was Historically
| calling on Congress for help. IL feared
that Great Britain would take all our gold
| We were absolutely helpless In the face OF
the enemy; Yet you know what that condi-
Criticising the bond bill, he declared that
its purpose was 10 impound greenbacks and
| do directly what the majority dare not do
| directly. Ii was a plan 10 retire all tho
| greenbacks by holding them in the treas
| ury at the cost OF outstanding interest,"
bearing bonds. plan which Mr.. Carlisle
| had characterized as the most remarkable
| experiment suggested I'm modern times.
Coming down 10 the practical question
whether the United States. Independently.
could maintain with free coinage the parity
! between gold and silver. he said that there
was no difference OF opinion that IL could
| be ACCOMPLISHED by an international agree
ment. As historic fact France had
maintained the parity for seventy years. lf
four or five countries could maintain a
| parity II was conceded that law could effect
the result. How powerful must a state be.
then, to effect that result. lie quoted from