The Lamar register., 1896-01-18
THE SILVER DEBATE.
OPENED BY SENATOR JONES.
The Arxaasa. statesmse Says the Issus
of Boaa. Would Not Relieve rhs stts-
atsoa-Frec Coinage woaii Revive In
dustrie. aad Inervas- EessHes

day by senator Jcnes of Arkansas IN a
two-hours' speech. which was fob
lowed with close attention by senators
FROM both sides OF the chamber,
sir. Jones took strong ground fog
the free and independent coinage ot
silver, eontsnding that that was the
only method by which the distress In
the country could be aiieviated and
the Treasury department relieved from
Its present dependence upon the sl'ecn-
lative holders OF gold.
He said the amendment proposed by
the ooRnittee. II enacted into law. VIII
amply provide for the present den-
cheney In the revenues. for the Issue
Of about S5aoeoOoo Of silver esrsih'
Gates agninst the selenloragc nov acid
In bars In thr treasury Is c7e OF is
features. while the deHciency csti-
mated by Mr.. Carlisle Is FAR below that
sum There must be something raai-
calIy wrong N the riches; and frecst
nation On the globe Is in such a condL
tion Of absolute helpigssuess and de-
peudenee as the president seems TO
consider us now.
The speaker then referred 10 the
conditions OF poverty and distress pre-
vailinS among zll the ercs; nations OF
the world. including England. Ger
many and France. and declared that
there must be some general cause He
asserted that this cause of Distress was
the prevailing gold standard, which
was resulting everywhere In a rise In
the value of money ard a correspond
ing fall In the market value Of the
products of the common people. lie dc
eiared that the causes which have op-
Grated 20 produce present results will
continue their operation. and that
prices. which have been IN the iast
twenty years reduced 50 per cent. win
in the next twenty years - redncs-l
% per ccat more.
Referring 10 the repeated arguments
In favor OF international blmeiaIllsu.
he said: "Bu; we are nssnncd that
Great Britain viii no; consent 10 tbs
Whom IL Is clear sia, England VIII not
consent 10 an International agreement.
and that France ard Germany win no:
move except In company with England.
then the question cames home 20 rs.
what win the people Of the United
States dor A tremendous responsible
iiy in this emergency. In nay opinion.
rests upon us as nation IL other na-
tions VIII no, JOHN Us In this great
move In tiF- interests OF humanity. 1t
Is our duty TO undertake II alcnc. /
believe that the unlimited coinage OF
silver would, by ncvivInI coInmeroe.
Increase our revenues ard do away
absolutely with any pretense Of ne
ccsity 10 Issue bonds. and that under
shat bin such revival In business
would take place that no issue OF
bonds could be claimed TO be necessary.
There Is nothing for US TO do but TO
present the system we believe II. TO
discuss II and appeal al last 10 the great
tribunal which must decide 1t. The
friends of hime,aIlism are ready and
anxious TO have the people settle this
question. They hope and believe IL
viii be speedily and wei done. Mr.
Jones spoke for about two hours.
When he had finished. Mr.. Teller
asked him what speed IT was proposed
10 make with the consideration Of the
bill and when vote would be asked.
Mr. Jones replied that rs there were
quite number Of senators who desired
to be heard. no move would be made to-
=