Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1896-01-16
A SILVER SPEECH.
Mr. Morgan Talks on the Bond Bill
In the Senate.
The OHIO SENATOR ARRAICyED.
Tho Pension Appropriation Bill Taken Up
by the Houss-A Resolution on the
Armenian Atrocities Referred
to Iu Proper Committee.

WASHINGTON, Jan. Ex-senator Nor
gans speech on the silver bond bill was
the event in the senate yesterday. 1t
was two o'clock when he took the floor.
lie referred to the intrigues before ma
tional conventions and the wind.
shaken platforms" OF these bodies In
his judgment the emergency tariff and
bond bills were constructed merely as
a part Of the platform to be laid before
national convention next summer
and not with any purpose to enact
them as laws.
Mr.. Morgan criticised the financial
course of Mr. Sherman, while the latter
sat across the aisle giving close atten.
ton to the remarks. He referred to
Mr.. Sherman as the Napoleon OF f.
nance" but this Napoleon, he said,
was rapidly nearing lis Waterloo and
his exile at st. Helena. Mr.. Morgan
enumerated in detail the financial bur.
dens which the legislation urged. by
the Ohio Senator had imposed on the
people Ihey were evils which brought
misery want ana calamity to the whole
people. IL had worked more miseries
than those depicted in the Apocalypse.
His (Mr. Sherman's) garment was one
OF many colors, IN Keeping with the
varlegated lines OF the pa rty to which
ne belonged Az the present time the
ONO senator ana the president were
together IN their financial views, both
equally Obvious TO the constitutional
requirements that metals were to be
on equal terms 1t was the Ohio
senator VINO originated the evil OF sell
ing bonds 10 syndicate
Proceeding, Mr. Morgan said: The
senator from Ohio sthe author OF five
new measures OF finance that have
given the people and the government
more trouble IN handling the little
remnant OF S34o'ooOOoo OF greenbacks
than ltdld TO pay VIZ 0O0, 0O0,O OF an.
nual expenditures Tor the support OF the
government ana more than $1,000 oO,'
900 OF principal and interest OF the
national debt that we have raised In
the last 80 years. These measures are
the decentralization OF silver in 1873,
the sequestration OF the gold reserve
in the treasury in 1878, the powergiven
to the secretary OF the treasury in 1896
to preserve the parity between the
metals, the power to sell bonds at prl'
vate sale and the power to enable pri'
vate persons by contract to dispense
with the legal tender laws in Their
Mr. Morgan spoke OF the admission
OF the rich Jews-Baron Rothschild
and Lord Beaconstield-to the nobility
OF England 1t was the tendency the
world over toward feudalism That
system existed to-day as much as in
years gone by, concentrating all power
and wealth in the hands OF the feudal
gold barons' The senator urged
declaration by congress in line with
resolution once offered by Stanley
that the bonds would be paid
N the money with which they were
bought. lie suggested also that ten
per cent rebate on customs duties To
countries coming gold ana silver on
equal terms would make New York IN
stead OF London the clearing house Of
lhe world
Mr.. Morgan spoke for two hours,
md then, at four o'clock the senate
until to-day
THE HOUSE.
WASHINGTON, Jan, l4.-The house,
lfter devotng an hour.to the consider
ltiOn of business repOrted from the dis.