The Van Buren press. [volume] (Van Buren, Ark.) 1859-1914, 1896-03-28
eoeKRELL5s CRITICISM.
The Missouri Senator Talks for Nearly
Fam. HAIRS IA Saver az PAYING
Baads IN Both GaId and

For nearly four hours in the Senate
Friday Senator CoeIueIl Of Missouri.
argued ia favor of the free coinage Of F
silver. FIe maintained that The enofm /
Gus amount OF United States bonds out T
standing, aggregating s846 COO 00G. Of
which over seaa eco eco had been issued
in times Of peace. could be paid az well
in silver as in gold and he q7s5ted
eminent Authority for this statement.
To included Secretary Carlisle and
Secretary Herbert, who had voted while
in the House Of Representatives for the
esta4.leY NJ Matthew'S resolution declaring
bonds payable IN either coin. The
Senator referred also to Senator
sherman az that distinguished gold
monomelaIlist binetallist, and read
from Mr. Sherman satceranees IA 1878.
when he was Secretary Of the Treasury
chat the government reserved the legal
right to redeem government obligations
in silver. II this policy had been
carried out there would have been no
trouble, no Treasury agitation. There
would have been no raids on the
Treasury Exclusive gold payments
was a voluntary assumption on the part
of the Secretary Of the Treasury. There
bad been no gold raids prior to 1891
because the silger dollar, mp to that
time, was the watchdog of the
Treasury.
And It WAS more potent watchdog
than any of the Rothsehilds or the
BeImonts, added Mr. Coeirell
eR7rTcrsrNG MR.. CLEVELAND.
Secretary Foster had not redeemed a
dollar of Treasury notes IN silver, while
Secretary Carlisle had redeemed some
sl9 600 600 Of them in standard silver
dollars The Senator proceeded e. urge
that the proposition of the President to
issue fifty year bonds TO retire notes
was undemocratic. Tt was the worst
financial proposition that had ever
eraanated from an executive officer. and
If adopted It would cost the people 81,
s3l 900 600. Secretary Carlisle had
recently, IN = speech, proclaimed him
self for gold. There was no further
effort to Disguise the issue behind
sound money which meant absolute
gold monoraetallism
Mr. Coelxrell spoke Of the tiniditg Of
gold as money and referred TO the
agitation caused by President Cleve-
land = Venezuelan message with a
string tied to IL. - That message made
the whole country trernble like jelly,
the press Of New York declared 800,
900. 900 had been lost In consequence.
The Senator declared that the Demo
cratic party could not be divided by the
silver question It was the pillar of
cloud by day and the pillar of fire by
night, the great constitutional beacon
Of the Democratic party, the one on
which all It's victories had been won
and those who opposed it would slough
off from the party. but would not
divide it.
SEVERE ON SECRETARY CARLISLE.
Mr. Cockrell was particularly severe
on what he termed the ''ffmsy pre-
texts and t'stuff which Secretary
Carlisle offered IN his speeches in
support Of the gold standard The
Senator compared Mr.. Carlisle $ recent
views with those expressed before he
was dined and wined by the Bothschild q
and Belmont and the bond brokers Of
Wall street and Lombard street
Referring to an international monetary
conference. Mr., Cockrell said it was
degrading and humiliating proposition.
Every self respecting nation has
established it's own financial system,
and this country was the only one
which trailsd behind Great Britain and
European countries and besought them
to come to our relief and establish a
financial system for u.s. We threw our
Monroe doctrine in the face Of England,
and yet we bent the knee to accept the
English gold standard and ask their aid
in an international conference.
Sir Julian Pauncefote, the British
Ambassador. entered the diplomatic
gallery while Mr.. CockreIl was
dsprecating 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, with
out apparent intention, Mr. Cockrell
faced about toward the diplomatic
gallery and concluded;
''Or else let as haul down Old Glory,
hoist the gold standard, and cry out
long live the Queen Of England and
the Empress of India.