Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1896-01-16

| ".
disturbed the finances 1t was unworthy OF
| the name of the great statesman. formerly Sec
rotary of the treasury. That law was p ,sset
under political coercion. so far the senator
| from Ohio was concerned, viii do him the
| justice to state
Coming then to the question of free coinage
| and the division of party sentiment on thai
issue, the senator declared that il could not be
| evaded. and that public men who attempt to DC
| so are guilty OF absolute public crime" He
| said:
I'VE are now told that the democratic party
| is hopelessly divided upon the question of the
| free coinage OF silver In what better condition
! are our republican brethren: They dare no;
take the issue into their own ranks in regard &c
the free coinage Of silver because they knew il
would diSintegrate and divide their party hope
| iessly- They passed the Sherman act TO re-
tain the votes of the silver republicans from
the western states. and all the world knows it.
They were after wards compelled from the
stress OF public opinion in the northeastern
and middle states to repeal that law. To-day
they hold control of the committees in the sem
ate on account of the same potent influence in
side their own organization. The senator from
Colorado, Mr.. Teller. frankly and in his own
manly and emphatic way. told us the other day
that If the committee on finance had not been
organized in favor of free coinage. no commit
tees would have been appointed and no chair
manshipS made in the senate.
No declaration could be more emphatic and
distinct: Now the struggle of our republican
friends is to evade that issue. If possible. and
not to permit the general public of the nlted
states TO ascertain that they are hopeie>Sly
divided as they claim. ana as conce led, the
democratic party TO be.
Whatever the democratic party may have
omitted to do it has never enacted any law
which it was compelled to come before the peo-
pie of the United States and admit to be vicious
legislation, that ought not to have been placed
upon the statute books. We are honestly
divided in regard to the free coinage of silver.
and t is n tribute to the personal integrity of
the individuals composing the democratic party
that manhood and patriotism still exist in pub
ne NE, that those OF us VINO entertain an
United States the head of our party, come out
boldly and unequivocally and announce it.
We are engaged now. all the people of this
country. in an irrepressible conffict-a conflict
irrepreSSible that which marched the
armies of the north and south in the civil war.
trust the arbtrament may not be by violence.
hope and believe that it will not be. but the
conflict is as irrepressible, and must be fought
out to the last extremity between those OF US
who believe in retaining silver standard
money of redemption and those who believe in
single gold standard and the exclusion OF sill
and its only as fractional coin. All at
temptS to evade this issue are impossible. The
sooner it is settled the better for the tranquil
lty OF the country. the better for the public
and private life of the land. Those who at
tempt to evade II and who, by the use of cant
phrases, such as sound money and the deela-
ration that this lunacy has pasaed away are
guilty of absolute public crime, if intelligent
men, when they assume that the vast millions
ever concede that they are either dishonest or
incompetent to decide TINT question
Senator Vest then took up the Mckinley and
ures. paying special attention to the wool
schedule He Said:
But come now to the most important part
of this whole diScuSSiOn-So far as the COM
parison of the two laws is concerned The
wool schedule has always been the citadel Of
undi> guiSed and unlimited protection. Strike
out the wool schedule and YOU strike out the
element of vitality from the protective policy
OF the republican party. In 1898 wear OF i'm
menSe of importationS and exports. we i'm
ported of wooden fabrics. $685. g0i worth. The
duties under the Mckinley act We're s3j.i51 81,
fraction. That was the ultima thule of protcc-
ton. That was the arcadia to which all pro-
tectioniStS must go-IO0 per cent. making the
importer pay upon the goods which re i'm
ported. an equal amount with the value of the
goods themselves. l said in the debate upon
the tariff bill. and have repeated it "a
hundred times in speaking to the people.
that if the Wilson law did nothing else. it
drew the line between protection for pro-
tectionS sake and the imposition of duties for
revenue. Inever approved that law in all its
features. as the world knows | took it be-
cause it was better than the Mckinley act. and
on that ground alone. but not as y fair revenue
measure. or one that would have drawn had L
had my own way.
The senator declared that tariff for pro-
lection embraced the great sublime Christian
doctrine of You tickle me and I'll tickle you.
1t permeates and pervades the whole tariff
the curse Of the scheme 1t puts up the price
of everything to the American consumer.
vided among certain CLASSES. The democratic
party has always opposed 1t ard will
continue to oppose il because 1t holds with its
great founder, Mr.. jefferson. that this govern
nent is made for the people without govern
mental partnership with any class. Burdens
and benefits to be borne alike by all, and let
me add every man to pay taxes to the general
government in proportion to the protection
that is given to his property BY that doctrine,
the democratic party will live or cease to live.
have no hesitation in saying that the time
will soon come when an immense majority of
the American people Will come to the conclu-
sion that a return to true JcfferSon;an princi-
pies is the only safety for the republic
The senator then turned to the condition of
the treasury and the means adopted by the adj
miStration to maintain the gold reserve and
the gold standard in our country. He began
with the emphatic declaration that he stood
for free and unlimited coinage OF silver. He
said:
Il admit the proposition that the civilized
world is to-day under the control OF the gold
man. No man can visit Europe without know
ing it. Go to Germany and you will find all the
bankers and capitalists and privileged classes
in favor of the single gold standard. Go to
England and. Of course. they are for the single
gold Standard-I mean the privileged classes.
though there Is 4 large himetallic party in the
British parliament. Go to Austria and you
will find it struggling to get back to the gold
standard after having used a redeema5le paper
money up to 1891. and in France there is the
same condition
gold standard. and the bankers and capitalists
in favor of it. In the United States
it is the same. Go to the great mOneyei
centers and you will find all the great
and the silver lunaticS- Go out among the
people at large and You will be profoundly
toniShed. in the west and south particularly.
to find an overwhelming majority of both
parties in favor of the free and unlimited coin
age of silver.
Il admit that the financial influence of the
world is against silver. and. a logical conSe-
quen e. capitalists are able to influence this
country. and. If possible. would intinidate 1t
whenever they found that there was any ap-
proach TO free silver coinage. They tolerated
the act in 1873, but when the senator from Ohio
gave his great name. worldwide as 4 financicr.
to the Sherman act OF 1890. the capitalists of
Europe said that the United States
going silver basis and they were deter
mined withdraw their confidence from it
Who doubts this proposition to-day: Look at
the condition of the country now.
The other day the chief executive issued q
proclamation in regard to foreisG aSaiTS. as
sorting the Monroe doctrine, and il was met
with enthusiastic reclamation from all sections
and classes of the country. What was the re-
Spouse from Great Britain We heard the
hostile guns even in this chamber. and the tail
of the British lion was twisted in a corner OF
this chamber until the royal animal howieti
like whipped cur. But did England respond
with shot and shell ant; saber stroke and battle
ships: Oh. no, She responded with small pei
lets OF paper called American securities. that
panic was created Stocks fell. and ROW look
at the sequel. The president of the United
States thought proper and rightly and
patrioiically-and what complain of is that
he did not come to the conclusion bcfore-to
offer to the highest bidder the bonds of the gov
eminent which he is about to sell TO maintain
the gold reserve.
York. made up of capitalists. 1t is said in this
mornings papers that one of those syndicates.
with Mr.. Morgan ut its head. hal boarded $780,
COO coo OF gold. What is the answer to the pres
ident'S proclamation: Wall street is diSSatis-
fed. Wall street will not have it. The srndi-
cate has boarded the gold and We can not have
a popular loan in the United States Could
hum li1rir Il raj