Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1896-11-04
FAULKNER AND CAMDEN.
Which Is tho c.n.i.,en, Man OF Tn. Two.
TodayY

Nhcenng intclltgcnccr.
Senator Faulkner. who ia helping to
run tho National Popocratic campaign,
delivered ono ~ the strongest speeches
made in tho Senate against free silver.
Here is an extract from it. which looks
strange alongside Of the Senator'S pres
ent attitude:
1--WE can not legislate for the present
nom the standing of the past. The
monetary systems of the world have
changed; the demand for the white
metal is lessening annually. SHOULD
WE ADOPT FREE AND UNLIMITED
COINAGE AT A RATIO THAT
WOULD DRAW THE SURPLUS SILL
YER TO OUR MINIS. THERE ARE
NO CHANNELS THROUGH WHICH
1T COULD PASS FROM THIS COUN.
TRY EXCEPT TO SOUTH AND GEN
TRIAL AMERICA. CHINA AND
JAPAN. Would thoy absorb sufficient
TO prevent a glut in tho home market
which would so effectually depreciate
the price as TO destroy silver as stand
ard OF value? With an increased pro-
duotion and continual decrease in tho
demand. would it be wise for the true
friends OF bimottallism to seek at this
time TO place silver in the position IL
occupied In our monetary system prier
TO 1878?
"Mr. President. CAN SEE NO So
LUTON OF THIS PROBLEM EX.
OEPT IN INTERNATIONAL BIMET.
ALLlSM. The stability of silver. which
has been overthrown by vicious and sell
hsh legislation. can only be restored in
this way"
This utterance of Senator Faulkner
was not made IL or 30 years ago, when
conditions were different. but was made
after the beginning of the present active
agitation OF the question, and was de.
hvered In the Senate ON the Sth day of
September, 1893. Senator Faulkner's
present course and this speech, which,
IL space would permit, we would like TO
publish entire, carry with them their
own comment.
Senator Camden was another West
Virginia Democratic senator who. in the
same debate, took strong grounds against
the thing which Mr.. Bryan and his
Popocratic associates now propose to do.
Senator Camden said in the Senate on
Sept. 30, 1893, in the course of lengthy
speech, the following:
"Mr. Presieent, / am led TO the oon.
clusion that the FREQ coinage of silver
under the conditions tkat exist today.
and It's circulation in parity with gold,
Is a APRACTICABLEI EIMPOSSIBILITY
BY THE UNITED STATES ALONE.
1T CAN ONLY BE DONE BY INTER.
NATIONAL AGREEMENT. Any ut.
tempt TO establish bimetallism or the
free coinage of silver In the United
States WITHOUT AGREEMENT
WITH OTHER NATIONS WOULD
BRING US AT ONCE TO A SILVER
BASIS. Conscientiously believing this,
as do, can not favor IL under present
conditions. II ] could believe with tho
senator from Colorado (Mr. Teller) that
silver and gold could be kept on parity
In this country by free coinage, would
go with him for free coinage, but &C
cording TO my judgment, IT CAN NOT
BE DONE"
Accompanying It's publication of this
speech, The Register, on Oct. A, gave it
the following editorial and endorsement:
"The full text of Senator Camden IS
speech in favor Of the repeal of the sill
yer purchase law will be found ON an
other page. Mr.. Camden goes to the
root OF the currency question and shows
clearly and conclusively that A DE.
BASED CURRENCY Is THE DIRECT
ENEMY OF LABOR in these days.
when the great volume Of business is
done through bills Of exchange, checks,
drafts. ETC."
Ex-senator Camden stands by his
colors ana his convictions and accepted
the invitation OF the sound money Dem
ocrats to preside over the great Bourke
Cochran meeting at Parkersburg, oct. 2.