The Anderson intelligencer. [volume] (Anderson Court House, S.C.) 1860-1914, 1896-02-26
Elliott Makes His Mark.

WASHINGTON, Feb. 13.-By an over
whelming majority the House to-day
repudiated the Senate's free silver substi-
tute for the Dingley bond bill, and placed
itself on record IN favor of sound money.
Before The vote was taken Representa-
tive Elliott addressed the House in opo-
sition to free silver. He was listened to
with marked attention, because he Is the
only member of the South Carolina dele
CATION who ia not suffering from the
silver mania. He was in excellent voice
and he handled his subject admirably.
He said he was against the Senate
amendment as he had voted against all
propositions for the free coinage Of silver
In past years whenever the question came
up on it's merits. He added that the peo-
pie of bis district are much divided upon
this question, yet o great majority of them
are altogether opposed to any depreciation
of any part of our currency. They have
very bitter recollections of the evils Of q
deprecated currency, and they insist that
every dollar of our money shall be kept
of the same value as every other dollar
Of it.
Mr.. Elliott alluded to Senator Tillman's
speech delicately. saying: u will take
occasion here to say, in view of what has
been said elsewhere, that they thoroughly
endorse and approve the course of the
President in the action which he has
deemed it necessary to take for the prese-
walton of the financial honor of the Dun
try. They endorse and approve all that
he has done; and they do not believe that
any executive has ever surpassed him in
bis determination to uphold the honor Of
this country and protect In all respects
it's interests. I cay this not only in behalf
of the great majority Of the people Of my
district, but "a voicing the sentiment Of
thousands of people throughout my State
who thoroughly approve his course"
He said he could not understand why
the representatives. of the cotton producing
districts Of the South should think that
this measure Is of such importance to
them. with whom do we deal?" he in
uuired. "Where do we send our products,
the enormous crops that we produce every
year far exceeding what can be consumed
in this country? Do we deal with silver
countries? Do we deal with China, Japan
surplus product Is substantially sent to
the gold countries of Europe-England,
Germany and France. When we consider
the vast amount Of cotton alone that is
shipped to those countries I cannot un-
derstand how gentlemen can maintain
that it ia to our interest to advocate a
system of currency entirely opposed to
that which they are using. During last
year we shipped to these countries the
following enormous amounts: United
Kingdom, 3,46S, 255 bales, worth Sl0l $780,
$50; Germany, 1.50O, 300 bales worth S43,-
O75. 399; France, 773. 734 bales, worth ST.
8 $500; total, 5,732,29S bales, worth $685.
345, 939.
upon q silver basis? The distinguished
Senator from Nevada (Mr. Stewart) said
over twenty years ago In the Senate, i'd
vocating the declaration that all the bones
should be paid in gold: BY this process
we shall, come to a specie basis, and when
the laboring man receives q dollar 1t will
have the purchasing power of q dollar.
and he will not be called upon to do what
Ia impossible for him or the producing
classes to do, figure upon the exchanges,
figure upon the fluctuations, figure upon
the gambling in New York but be will
know what his money is worth. Gold is
the universal standard of the world:
Everybody knows what dollar in gold
Is worth
"Now what would the people of the
South. the cotton producers, do If this
country were put on a silver basis? They
would have to hamper themselves IN tne
way Senator Stewart describes. They
would have to figure upon the gambling
We could not nave a better description of
the condition that would come upon the
South if free coinage of silver Ia adopted
than what was said by Seaator Stewart in
this statement, when speaking on another
subject.
"The gentleman from Texas yesterday,
in speaking on this subject, advocated
he said, was appreciatlng in value and
bad been for twenty years past, since
1873, and he proved that, he claimed. by
the fact that cotton had fallen In price,
from 1873 to the past year, from about 22
cents to about 7 cents. But why did the
gentleman utsrt at 1878? Why did he not
90 back farther and see what were the
facts ss to the price of cotton9"
Mr.. Elliott then went on to elaborate
hia subiect In q manner that won him the
commentator Of his associates.-SpectaI
TO Neps ana Courier.