The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-02-15
STAMPEDE OF THE SILVERITES
tContLnued from Is -

~ UNI AtlAHr whose lLtecflul4kt WALL
shutting out all peoples. was now Just
yielding 10 the progress CT nations Would
ne call Japan, the progressive country of
the east, on the verge of an abandonment
hand, for the negative. Mr.. Turner said
ne would call England, 10 which country
ne paid a glowing tribute; C'Let those who
Wlllcriucise me for it, he saidJ 'as the
greatest governing power that ever eN-
listed on the earth; Germany. France and
an the enlightened and progressive ma
From the experience Of the United States
MT turner proceeded to show that II could
not maintain free coinage. reviewing the
several efforts in the Bland-Allison act OF
1915, and the Sherman act OF 1880. 10 coin
more or less silver but under both OF
these the price Of silver had steadily de
creased The United States lad not
alone been thus engaged in an effort TO
MAINTAIN silver. The report OF the direc-
tor OF the mint showed that there had
oeen coined IN the world in the period
beginning in 1873 about S2,7g 10000 Of sill
yer, and that the entire stock of silver
money amounted TO about $1,000, 10000
Making a final appeal to the common
sense and judgment of mankind on this
subject Mr.. Turner inquired If the great
majority OF all the commercial nations OF
| the world could be mistaken in the opin-
| ion that the free coinage Of silver would
be attended with serious detrimental re-
suits.
Mr.. Terry. dem, of Arkansas-The
Reichstag of Germany voted in favor of
| bimetallism and the people of England
d
/ action of those governments is directed
/ by Rothschilds, who holds a mortgage
| on every throne i'm Europe, as well
! receivership of the United States. Gap
plause)
/ Mr.. Turner responded that Mr. Balfour
had stated that England could not of her
| self and alone undertake the free coin
age of silver. The German Reichstag had
| voted in favor of bimetallism in connec-
ton with all the commercial nations of
I the world, not as an independent measure
/ And thus these arguments, one by one
fall away when they are examined in the
Referring to the assumption that the
| United states pay its Obligations in sill
/ yer, Mr.. Turner asserted that il was to
the interest of debtor nation and Of
! every debtor in it, to maintain a high
| credit. If a free coinage congress and
/ populist or free coinage democratic
! President were elected this year." said
! Mr. Turner, mot a single debtor would
| be benefited to the extent of a single
! dollar. For what would happen? Before
| that congress could meet, every man that
| had an obligation OF the government
would not be a buyer, but rushing mad
| man to sell 1t before a silver basis was
established. And my friend from Arkan~
| sas would be one of them if he had a
| bond"
Mr. Turner was questioned by Mr.. Lin
| ney, rep, of North Carolina, as to how
| he expected the government to avoid the
| further sale of bonds unless it received adj
! dtional revenue from the tariff or the
| operation of the silver substitute? He
! responding by asking Mr.. Linney and
treasury was to obtain the gold to main
| tain the parity of gold and currency or
CT gold and silver If the power to sell gold
| bonds were taken away There would be
| nothing left but silver for the secretary
to use he said, for not a cent of gold was
/ being received in the payment of Gus
toms duties. Already Mr.. Turner claim
ed no gold was in circulation, silver and
silver certificates alone being found in
the purses of the average citizen. If
that became the standard of the country
every wOrkingman, those classes which
should be the particular object of the
governments regard and protection,
would find that his dollars had suddenly
In conclusion, Mr. Turner made an elab-
crate argument to show that the United
States, singly, could not maintain silver
coinage, and that an attempt to do so
would cause financial CONFUSION in the
country.
a member of the ways and means COM
mittee made the closing speech of the
ton involved in this discussion had not
been considered, that the proposition was
whether this House was ready to abandon
it's own legislation and accept the legisla-
ton Of the Senate which was in no way
germane thereto. He warned the silver
men that their cause would not gam by
an attempted humiliation of the House
or its subsection to the demands OF the
Senate. The free coinage of silver as a
separate proposition was one thing, and
as presented by the revolutionary methods
\ of the Senate il was another thing. one
ounce of gold, he said. would buy in the
omen market thirty-tWo ounces of silver.
The bald proposition presented by this
substitute was that sixteen ounces OF sill
yer were equal to one ounce OF gold. 1t
would seem that such a statement in an
assenblage of intelligent men would carry
its own refutatiOn. Mr. Dalzelfs con-
| clusfon was that what this country need
ed, was not more free coinage OF silver,
but more revenue through its customs
This concluded the debate which had
.s..I rix tFuO If nj
! the House, and the previous question was
| ordered.
| While the roll was being called the alb
sence of various members was stated by
| their colleagues.
| The following pairs were announced, the
first named being in favor of the Senate
| Substituted Messrs McDearmon and
Woodman, Picller and Adams of Penn
| sylvania, Stallings and Leonard, Kyle and
| Russell of Connecticut, Pendleton and
Hawley Cobb of Alabama and Powers,
The vote shows that Mr. Crisp was able
to carry with him all but three of the
| eleven representative from Georgia,
| Messrs. Lawson and Russell aligning
themselves with Mr.. Turner against free
The hour of o'clock having arrived,
| the House, under the rule, took recess
until O'Clock, the evening session TO be
for the consideration of private pension
Following is the detailed vote on the
Senate free silver substitute to the bond
Yeas-Messrs. Abbott, Aitken, Allen of
Mississippi, Allen of Utah, Baily, Baker,
of Kansas, Bankhead. Barham Bartlett
of Georgia Bell of Colorado, Bell of Texas,
Black of Georgia, Bowers, Broderick,
Cardy Cockrell, Cooper of Texas, Cox,
| Crisp, CulbersOn, Curtis of Kansas DE
| Almond, DinsmOre, Dockery, Dooittle,
| Downing, Ellis, Gamble Hartman, Her
mann. Hilborn, Hutchinson, Hyde John
son of California, Jones, Kendall, Latimer,
| Layton, Lester, Linney, Little, Living
| ston, Lockhart, Loud, Maddox, Mcguire,
Marsh, Mcclure, McCulloch, Mckinney,
| McLachlan, AIcLaurin, McMillin, McRae,
Meredith, Mondell, Money, Moses, Neili
Newlands Ogden, Otey, Pearson, Rich
ardson, Robbins, Robertson of Louisiana,
Savers, shaforth, Shaw, shuford, Skin
ner, Spencer, Stokes, Strait, Strowd of
North Carolina, Swanson, Talbert Tate,
Terry. Towne. Tyler, Underwood, Walker
of Virginia, Wheeler, Williams, Wilson
of Idaho, Wilson of South Carolina,
| Woodward and Yokum.
Yeas-RepubIicans, Is; democrats, IS:
populists, 6; silvertes, l. Total 80.
Nays-Messrs. Acheson, Aldrich, An
DTSFTGURTNG