The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-02-15

/
Issue, Although There Were Sew
craI Pairs,
WASHINGTON, Feb. 1.-THE major
! ity against silver in the house today
when the final vote was taken on con-
currence 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 to So a majority of no;
today it was beaten, 215 to go, major
ity of 125 The vote today was a rec
ord making vote, and counting the
| pairs, but 81 out of 356 members were
unaccounted for. Perhaps a few alb
sentees lodged. but most Of them were
unavoidably absent, and were unable
to secure pairs. The silver men, who
yesterday predicted a much greater
showing of strength today were again
disappointed. The sound money
leaders had been disposed to concede
the silver forces 100 votes. AN analy-
sis OF the vote today shows that 1874
Republicans and 81 Democrats voted
against concurrence and IS Democrats.
% Republicans and Z Populists for con-
currence.
The debate which preceded the vote
was of an interesting character, but
devoid of any sensational features.
The galleries. as usual on a field day
in the lower branch of congress, were
crowded to the doors, and quite a
number of senators sat through the
five-hour debate. Secretary Herbert
was also present EX-Speaker Crisp
presented the closing argument for the
silver men, and was replied to by Mr..
Turner. a Democratic colleague. from
Georgia, in a two-hour speech, The
personal rivalry between the two lead
ers of the opposing factions of the
Democratic side of the house. added to
the interest of the. occasion. Mr.. Dali
zen of Pennsylvania closed in behalf
of the Republicans. The partisans of
the respective champions missed no OPP
portunity 20 acclaim their approval
when feelings points were made, and
at the close the honors seemed even.
The Proceedings.
WASHINGTON, Feb. 14.-The public
and private galleries of the house were
thronged today in anticipation of the
closing debate on the senate free coin
age substitute for the bond bill.
Mr.. Dingley, chairman of the ways
and means committee, insisted on the
regular order as soon as the journal
had been read. Under the arrange
ment made yesterday one hour was al
lowed each side for closing.
Mr.. Crisp Dem) of Georgia, repre-
frea Gil a
economic question and no matter what
views members might have entertained
in the past, he assumed that in casting
the vote today each member would do
50 conscientiously, in accordance with
the dictates of his convictions Crisp
opened his argument proper with the
familiar words In 1873 congress de-
monetized silver" The prices We're
fixed by the amount of primary money
in the world II the standard in Eng
land was gold, in France silver and
China silver, the measure Of value
would be the combined amount of
both
GOLD AND SILVER
circulating as money. He read from
the statement of Senator Sherman
made in 1876 that the characterization of
silver had caused a, reduction of its
price and created a mad scramble for
and Germany, which appreciated its
price and induced a fall in prices
through out the world That fall in
prices, Crisp asserted, was largely due
to the decentralization of silver lie
read from Balfour's speech on the 9th
inst in the English parliament, attrib-
uting the decline of agriculture in the
gold countries to an appreciation of
gold and the artificial advantage it
gave the silver countries. Balfour also
declared the obstacles to reform came
not from abroad, but we're put forward
at home.
Crisp affirmed the existence Of a we'll
defined purpose by those in authority
both here and abroad to
DEPREss THE PRICE
of silver in order to prevent remoneti-
zation. He cited the manner in which
the Bland Allison act of 1873 was exc
cuted. the coinage of the minimum
amount under the act, and the refusal
of the treasury after a few months to
coin silver under the act of 1890. He
cited Secretary Carlisle's refusal to give
silver for gold in 1882 because silver
was needed for the redemption Of
treasury notes and his course q few
months acterward, redeeming those
notes in gold.
What kind of Juggling is that?" he
asked.
What sort of friendly treatment of
silver is that?' (Applause9
He then directed his attention to the
manner in which the parity between
the metals had been maintained. Every
obligation of the government (bonds,
greenbacks and treasury notes. was
payable in coin. If that was not true
and they were gold obligations, why
did not those who believed that have
the courage to say. so and save the tax
ridden people millions of interest?
In February, 1895. congress could have
saved the people s1e000,009 in interest
by authorizing gold bonds.
Congress refused" said Mr.. Crisp
Eve paid $4,000 600 for the privilege of
paying in silver and now you attempt
to deny our right to do So" ZAP
plause.)
Crisp declared if the United States
would assert political and financial in