Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-02-14
THE SILVER DEBATE.
CrIsD's Address 10 The House Tor
Free COInafe.
VIXEN WILL PROSPERITY RETURN
When the United STATES VIII Assert
Political and Financial
Independence.

gwAsnNoToN, Feb. 1.-the public
aud private galleries OF the House
were througed today In anticipation Of
the closing debate on the Senate free
coinage substitute for the bond bill.
Dingley, chairman Of the ways and
means committed, insisted on the
regular order a. soon as the Journal
had been read. Under the arrange.
ment made yesterday one hour was al.
lowed each side for closing.
Crisp, Dem, Gsorgia) representing
free silver, said this was an economic
question and no matter what views
members might have entertained Ia
the past, he assumed that In casting
the vote today each membof would do
30 oonsoisntiously, 10 accordance with
the dictates OF his convictions.
Crisp opened his argument proper
with tho familiar words: "In 1873
Congress demouetized silver" Toe
prices were fixed by the amount OF
primary money Ia the world. II tho
standard In England was gold, ~
France silver and China silver, the
bined amount OF both gold AMI silver
circulating a. money. He read from
tho statement OF Senator Sherman
made In 1876 that the demonstration Of
silver had caused n reduction Of its
price ami created d mad scramble fOr
gold on the part OF England, France
aud Germany, which appreciated Its
ptics and Undue, a fall In prices
thtou ghout the world. That fall In
prices, Grip asserted, was largely due
20 the decentralization Of silver. He
read from BAliout's speech ths 0lh
Instant In the Engliah Parliament, al.
tibuiiug the decline OF agriculture In
tho gold colnirlth 10 nm appreciation
OF gold aud the artificial advantage IL
gave the silver countries. Baliout Allo
declared the obstacles 10 reform came
not from abroad, but were put forward
at home.
Crisp affirmed the existence OF n
well defined purpose by those In au.
thority both here and Hbrosd TO depreis
the prlOo Of silver In order TO prevent
reconciliation. He cited the manner
In which the Bland.Allison act Of 1873
was executed, the coinage OF the mint.
mum amount under the act anu the
refusal OF the treasury after q few
| months to coin silver under the act Of
1890. He cited Secretary Carlisle.
refusal to give silver for gold IN 1893,
because silver was needed fos the re-
demption OF treasury notes aud his
course few months afteTward, re.
dseming those notes In gold.
"whAt kind OF Juggling 10 THAR" he
asked.
"what sort Of friendly treatment Of
silver 10 that2" (ApplAuse.)
He then directed his attention 10
the manner in which the parity be.
tween the metals had been maintained.
Every obligation OF the government
| (bonds, RTeenbAcks and treasury notesl
was payable In coin. II that was moi
true and they were gold obligations,
why did not those who believed that,
have the courage 10 say 40 and save
the tax.riddSn people millions OF In
tereal2
In February, 1895. Congress could
have saved tbs people Sl6, 900, 900 In In.
terest by authorizing gold bonds.
"ConRress refused" said Crisp.
ave paid sixteen millions for the
privilege OF paying In silver and now
you attempt 10 deny our right TO do
So" tApplAuse.)
Crisp declared n the United States
would assert political and financial In.
dependence, prosperity would return.
| Turner (Dom., Gal spoke for an
hour In opposition to the Senate sub
stitute.