The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-06-03


posed this and very little more.
1.-The Democratic party might we'll blush
Tor having proposed in time of peace a
clumsily made income tax. But after its
defects had been exposed and the law ig-
ANONYMOUSLY thrown overheard by the Su-
preme Court the party might have well
admitted without blush that there would
be shortage of $30,000,000 TO $40, 100000
of revenue. Otherwise the party must
concede that it had maladroitly attempted
to obtain $50 00o, 900 to $40, 100000 of unec-
essary revenue.
The Democrats" he said, chad broken
away from the leadership of their Presl-
dent, and while marching to the drum and
fife of North Carolina captain were In
such dread lest the Populists should get
control of their party that they seemed to
be in hurry to become Populists them
selves" He spoke of the free coinage sab
stitute as having been attached to the
House bond bill by the Democrats and
Populists of the Senate in sheer mockery
and as uncovering purpose to stampede
the country to silver monometallism.
Passing briefly over the rejection of the
tariff measures presented by the Repub-
lican party, and particularly OF measures
having a tendency for the promotion OF
the sheep industry, Morrill, devoted his
remarks to the question of the free coin
age of silver and said that as there had
already been elected to the st. Louis con-
vention between seven and eight hundred
sound money delegates, and less than 100
who favored free coinage of silver without
the cooperation OF any Government, or
who wanted the pockets of the American
people to jingle with silver Only, it was
very certain that the platform of the Re
publican party in 1896 would place every
dollar OF our money in circulation on
parity with the best dollar in the world.
Abiding to the divisions among the Demo-
Gratis in some States and among Repub-
licans in Colorado and Idaho, where a
bolt was spoken of if the st. Louis conven-
ton did not sufficiently recognize the
claims of the silver men from those States,
Morrill, said they were all of age and had
the right in a Presidential race to Ego,
bolt or burst" as they pleased.
Continuing at some length his argument
as to the inefficiency Of a silver money
standard, Morrill, said in the concluding
portion of his speech:
"Bimetallisn is nothing more than two
metallism, though sometimes industri-
ously and artfully used to mean the un-
limited free coinage of gold and silver, and
was first used by Cernuschi, a distiu-
guished Frenchman, soon after Germany
and the Latin nations had lost confidence
in the stability of silver money, who then
began the agitation of larger useof silver
among nations. When this prominent
leader of bimetalli5m visited this country
some years later he was invited by me as
the honored guest to a dinner party, and
his advice then was against the free coin
age of silver without the cooperation of
other leading nations, as no nation was
competent alone to handle so large a
question. NJ. Cernuschi has reiterated
this opinion several times since. If the
United States starts in this desperate sill
yer risk alone of course We shall be de-
feated, and silver will be further humbled
and will take lower position in the esti-
nation of all commercial nations.
Certainly an invitation from CONNER
cial nations to join in CO. operative agree
ment for a larger money use of silver
would be accepted by Republican admin
istration and it would be more desirable
that the United States should receive
rather than offer the invitation, as the
American production of silver is compare
lively so large that any initiatory step or
our part might subject US tie the charge o
being inspired by the thrifty purpose o
securing better market for our annua
product.
"Were it as certain as some extreme sill
yer advocates represent that no cooper
alive agreement among leading nations
for larger use OF silver can be obtained
that fact alone would be cogent and sui
ticient reason why the United State:
should decline to stultify itself by embark
ing single-handed in an experiment Sc
reckless and so distrusted as to be Stunned
and coldly rejected by the statesmen O.
every enlightened nation"
At the close of Morrill's speech the
emergency tariff bill was again placed on
the calendar.
= Morgan Cd of Alabama from the Selec
Committee on Nicaragua Canal, presented
report, which was ordered printed, will
bill, which was placed on the calendar
and he asked unanimous consent tina
" hOAQdJ, OeCemU6T Ia next, D0 uAeQ 10
the consideration of the bill, but objection
. was made by Pettigrew (R.) of South
Dakota.
The conference report on the Indian ap
: preparation bill was taken up and Villa
: (D.) of Wisconsin made some additional
remarks in opposition to that part of tn
report which imposes citizenship on tn
Indians of the five civilized tribes.
George CD of Mississippi also continued
his speech of yesterday against the repor
and was still speaking when, at 1 o'clock
the morning hour expired ard the bill t,
prohibit the further issuance of interest
bearing bonds without the consent of Con
gress was laid before the committee as til
unfinished business.
Brown (R.) of Utah took the floor u
continue his speech begun yesterday il
support of the bill.
Aldrich (R.) of Rhode Island moved t,
amend the bill by adding to it thes
words: "Unless, in case OF an emergency
it is necessary in the opinion of the Presi
dent of the United States and the Score
tary of the Treasury to issue such bonds
in accordance with the provisions of ex
listing law, to preserve the public credit O
to meet obligations of the United State
created by such existing law which con
u IN i