The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-03-14
POOR CLEVELAND.
Senator COckrell Scores Him
Numerically
In a Four Hours Speech on the
Silver Question.
CARLISLE Is FLAYED.
Senator Hoar Declared It the
Most Able Speech
On the Silver Topic Ever Deliv-
cred in the Senate.

element of the Cuban debate gave
way in the senate yesterday to Mr..
Cockrells speech, occupying four
hours on the financial question. Mr..
CockrelPs speech was an elaborate
presentation of the financial question
from the silver standpoint, so much SO
that Mr.. Hoar, in the course of an in
quiry, stated that it was the ablest
silver speech he had ever listened to.
Mr. Cockrell occasionally left his ar
guments for very sharp personal criti-
cisms on Secretary Carlisle By CO.
incidence, also, Sir Julian Pauncefote
was in the gallery when Mr.. Cockrell
closed his speech with the statement
that if we were to be subservient to
the English money interests we should
Haul down Old Glory, raise the gold
standard and cry aloud, Long live
the Queen of Great Britain and the
Empress of India.'''
Mr.. Coclzrell called atten ton to the
balances in the treasury, including
over $123, 600, 900 gold coin and bull
lion, over $24, 10000 standard silver
dollars $l79. 900. 900 of silver bullion
(coina2e value) on which the profit of
900, 900 subsidiary silver coin; $780,
100000 of greenbacks and $50. ooo,0 900
of treasury notes of 1890.
Our bonds, the Senator main tanned,
can be paid as we'll in silver as in
gold, and he called attention to the
fact that Secretary Carlisle and Sec
rotary Herbert had voted while in the
House of Representatives for the
Stanley Matthews resolution declar-
lug bonds payable in either coin. The
Senator referred also to Senator Sher-
man as that distinguished gold mon
ometallist bimetallist'' and read from
Mr.. Shermans utterances in 1878,
when he was Secretary of the Treas
ury, that the government reserves the
legal right to redeem government OBJ
legations in silver. If this policy had
been carried out there would have
been no raids on the treasury. Ex-
elusive gold payments was a voluntary
assumption on the part of the Secre-
tary of the Treasury. There had been
silver dollar, up to that time, was the
watch dog of the treasury"
land it was q more potent watch
dog than any of the Rothschilds or
the Belmonts, added Mr.. Cockren
The proposition of the President to
issue fifty-yearf bonds to retire notes,
he said, was un-Democratlc 1t was
the worst financial proposition that
had ever emanated from an executive
officer. and if adopted it would cost
the people So, 631 900, 600. Secretary
Carlisle had recently in a speech pro-
claimed himself for gold. There was
no further effort to disguise the issue
behind sound money which meant
absolute gold monometalism.
The Senator declared that the Dem
ocratlc party could not be divided by
the silver question. 1t was the pillar
of cloud by day and the pillar of fire
by night, the great constitutional
beacon of the Democratic party, the
one on which all it's victories had been
won, and those who opposed it would
slough off from the party, but would
not divide it.
Mr.. Cockrel1 was particularly severe
on what he termed the ''himsy pre-
texts and stuff which Secretary
Carlisle offered in his speeches in sup
port of the gold standard. The Sena-
tor compared Mr.. Carlisle's recent
views with those expressed ''before he
was dined and wined by the Roths-
childs and Belments and the bond
brokers of Wall street and LON bard
street.
Referring to an international none
tary conference Mr.. Cockrell said it
was a degrading and humilisting prop
osition. Every self-respecting nation
has established it's own financial sys-
tenn and this country was the only one
which trailed behind Great Britain
and European countries and besought
them to come to our relief and estab-
lish a financial system for us. We
threw our Monroe doctrine in the face
of England. and yet we bent the knee
to the English gold standard and to
ask their aid in an international con-
ference.