The record-union., 1896-01-29


or arouse her stubborn pride. But does
this furnish any reason why Americans
should abandon any settled policy of
the United States or retire from any po-
sition which the honor of this republic
and the welfare of America require that
we should assume?
Great Britain has mistaken the tenn
per Of the people of this country in the
past, as she mistakes it now. The Eng
lish people profess to believe that they
can weaken our purpose and compel us
to abandon the Monroe doctrine by
threats and demonstrations against
American securities and American COM
mercial interests. We solemnly advise
them that our foreign policy is not a
matter of exchange of barter, and no
financial panic can ever induce US for
a single moment to lower the standard
Of our national honor.
Sir believing that the honor of my
country is involved; that the hour calls
for the highest expression of loyalty and
patriotism; calmly confident of the ver-
dict of posterity; reverently calling God
to witness the sincerity of my purpose,
I shall vote for the resolution reported
by the Committee on Foreign Affairs.
shall vote for it, not as an affront to any
other nation, but to uphold the dignity
of my own. I shall vote for it in this
time of profound tranquility, convinced
that peace, with honor, can be pre-
served.
But, sir, would vote for it just as
surely were we already standing in the
awful shadow of declared war. l would
vote for it were the shells of British
battleships bursting above the dome of
the nations Capitol l would vote for
it, and would maintain it at all hazards
and at any cost. with the last dollar
with the last man. Yea, though it might
presa ge the coming of a mighty conflict,
whose conclusion should leave me with
out a SON, as the last great contest left
me without a sire
Thurston's speech, although prepared
and in type, was delivered without re-
| ference to the print or notes. The clear,
ringing tones in which it was declaimed,
the unquestioned sincerity of the orator,
and the advanced position assumed by
him, attracted attention and won adj
miration from both sides of the chamber
and from the large crowd in the gall
leries. The peroration was greeted with
round of applause.
At 2 o'clock the Vice-President laid
before the Senate the House bond bill
and the free coinage substitute.
Jones Oem.) of Arkansas, who has
parliamentary charge of the bill, tried
to have an understanding arrived at,
by which the bill should be voted on
next Thursday
Various suggestions were made and
notifications offered, but objection was
interposed by Hill CDem) of New York,
who said that he knew several Sena-
tors who desired to speak, and he could
not consent to the agreement until they
had opportunity to present their views.
He expressed the hope, however, that a
vote might be had on Thursday.
Jones then gave notice that he would
ask the Senate to remain in session
next Thursday until a vote was reached.
Wolcott (Rep.) of Colorado expressed
the hope that the physical test would
not be applied. He had heard it said
again and again that it was the silver
people (so-called) who were endeavoring
to stave off vote on the bond ques-
tion, but now it was seen that it was
Senators from the East who were pro-
crastinalting and who were willing to
postpone the vote.
Hill asked whether the Senator from
Colorado referred to him as trying to
postpone the vote.
Certainly not" said Wolcott sar-
castically. How could I accuse the
Senator of that when he has just been
on the floor asking for further time -
Naughter)
Teller (Rep.) of Colorado gave notice
n
tc the substitute. providing that after
the first Of July, 1896. all national bank
notes shall be redeemed in coin when
presented to the banks issuing them,
and that banks failing so to redeem
them shall be dissolved.
Clark (Rep) of Woyming addressed
the Senate in advocacy of the free
coinage substitute.
| Voorhees, Oem.) Of Indiana next
addressed the Senate also in support OF
the free coinage substitute The coun-
try, he said, was in the midst Of a revo-
luton brought on by those who plotted
against silver. He characterized as
revolutionists the men who demone-
tized silver in 1873
Voorhees, went on to criticise Sher-
mans financial record, remarking that
the Senator from Ohio believed in
sound money for Wall street, but
not for the soldiers The gold with
drawals of the last year, VOORHEES,
said, were part of the conspiracy tc
compel the issue Of interest bearing
bonds. Ruin had followed in the train
OF decentralization.
Speaking of the Sherman Act, he
designated it as the celebrated and
| ill-omened Act" Never before. he
said, had a member of a parliamentary
body found himself compelled, as SEN
ator Sherman had. to assist in putting
to death his own offspring. That Act
had stood openly confessed as an un-
natural monster, and as a menace tc
commercial prosperity. The Act re-
pealing its silver purchasing clause
had declared it to be the policy of the
United States to maintain the use oi
both gold and silver as standard
money, and to coin both gold and sill
yer into money of equal intrinsic anc
exchangeable value.
That policy had received the sanction
OF both Houses of Congress. and hac
been approved by the Executive on the
1st of November, 1893. There i
stood and would stand forever. Tha'
doctrine had been indorsed and upheld
by all the great names in American
history from George Washington t.
Abraham Lincoln The giants O
other days wer9 all one way on tha'
question. just 20 the people were to
day No citizen of the United State.
could be benefited by the banishment O
silver. its degradation and destruc
ton, unless he was the owner ant
holder of idle money which he desired