The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1896-03-20
G)REREIL Talks ON SILVER.
scoTchss Cleveland, Scores Carlisle and Gives
the Lions Tail a Twist.

WV N-Asa Vac -s-sAA- fa---- @%a@N eaAA
the Lions Tail Twist.
CIeveIaad's Bond Policy Declared the
Worst that Has Ever Emanated
from Chief Executive.
WASHINGTON, March 13.-Mr. Cockrell
was recognized early in the senate to-
day for a speech in support of the sill
yer amendment TO the tariff bill, which
measure has been in allegiance since the
refusal of the senate to adopt Mr.. Nor
rill's motion to consider it.
Mr.. Cockereli called attention to the
balances in the treasury, including over
sl23, OOO,O0O gold coin and bullion; over
S24,O coo, 900 standard silver dollars; S177,-
OO0,OOO of silver bullion coinage vaIue)
on 6hich the profit or seignorage had
been s53,OOO,OOO; s14,OOO0OO subsidiary
silver coin; s1O6,OJO,OOO Of greenbacks;
and s2O,GOO,OOO of treasury notes of 1890.
Our bonds, the senator maintained, can
be paid as we'll in silver as in gold, and
he called attention to the fact that
Secretary Carlisle and Secretary Her
bert had voted, while in the house of
Representatives, for the Stanley Matt
hew's resolution, declaring bonds pay
able in either coin.
The senator referred also to Senator
Sherman as shat distinguished gold
monometallist bimetallist," and read
from Mr.. ShermaD's utterances in 1878,
when he was secretary of the treasury,
that the government reserved the legal
right to redeem government obligations
in silver
If this policy had been carried out
there would have been no raids on the
treasury. Exclusive gold payment was
a voluntary assumption on the part Of
the secretary of the treasury. There
had been no gold raids prior to 1891
because the silver dollar, up to that
time, was the watch dog of the
treasury"
"And it was a more potent watch dog
than any of the RothchiIds or the Bel
monts," added Mr.. CockTeIl.
The proposition of the president to
issue f1fty-year bonds to retire notes,
he said. was undemocratic. It was the
worst financial proposition that had
ever emanated from an executive Off
Ger and if adopted it would cost the
| people 81 1851, 100000. Secretary Carlisle
had recently in a speech proclaimed
himself for gold. There was no further
effort to disguise the issue behind
"sound money" which meant absolute
gold recommendation.
Mr.. Cockrell spoke of the timidity of
gold as money as referred to the agita-
ton caused by President Cleveland's
Venezuelan message with a string tied
to it. That message made the whole
country tremble like jelly and the press
of New York declared that one hundred
million dollars had been lost in conse-
quenCe.
Referring to an international none
tary conference, Mr.. Cockrell said it
was a degrading and humiIiating pro-
position. Every self-respeeting nation
had established its own financial system,
and this country was the only one which
trailed behind Great Britain and Eu-
ropean countries and besought them to
come to our relief and establish finan-
cial system for us. We threw our Mon
roe doctrine in the face of England and
yet we bent the knee to accept the En-
glish gold standard, and to ask their
aid in an international conference.
Sir Julian Pauncefote, the British
ambassador entered the diplomatic gal
lery while Mr.. Cockrell was deprecat-
ing the subserviency of this country to
the gold standard influence of England
The senator declared that We should
continue our time-honored adherence
to bimetallism. Then, without apparent
intention, Mr.. COckrell faced about
toward the diplomatic gallery and con
cluded: cor else let US haul down Old
Glory, hoist the gold standard, and CRY
out, Long live the Queen of England
and the Empress of India"
Peace for Italy.
ROME, March bout of the storm
of popular anger which swept over It.