Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1897-02-18

with which the senator presented lhe
question IRON his standpoint, Dut foi
the bitter sarcasm addressed To Sehas VI
Palmer ana the Indianapolis CONVEX
ton, the arraignmenL OF the silver re-
pubIcans who boltcd The 81. Lonib
convention ana for The dramatic per
gonal exchange between Senators
Chandler and PetL.gl ew, the latter pc
ing one OF the boilers from me vt
Louis convention. Mr.. Chandler
speech lasted three hours and was re
pete with incidents. 1t was an ArSu-
menL against a single standard OF
either gold or silver and a warning
against the poIic} of monomeIaIllsm'
Then the senator TUNED to the polill-
cal phases OF the question, speaking IN
turn OF Bryan, Palmer ana Mckinney
Mr.. Palmer SAT across the aiSle ana was
frequently addressed by The speaker
AZ one who had contributed TO the cler-
ton OF Mckinley The controversy
between Senators Chandler and PrLt!.
grew was one Of the hottest PERSONAL
episodes the senate has had in some
time. The South Dakota sena or de-
clared that Mr.. Chandler statement
Of violation of pleugeh at st. Louis was
wholly and absolutely false. Mr.
Chandler did not modify his statement,
but mutual explanation restored cor
dial relations.
The peroratlon Of Mr.. Chandicrs
., IA n 10
president ana his advisers to heed nc
needs of tho people, particularly on
the money question and II warning TINT
speedy polllical disaster Is certain TO
follow delay. Mi. Chandler traced
the gradual decentralization of silver,
the closing Of our miDtA against The
silver dollar III 1873 and the efforts to
restore silver aud the serious blow
struck by England against silver IN
closing the lnllan ntnis. But it re
lGained for Secretary Carlisle, the son
ator declared TO strike the most fatal
blow ut silver in istunl his order thai
the government, would redeem It's pape.
obligations IN gold only. ny that .pt
Carlisle strnelt out OF use Il ya5t
amount Of silver ard drew On the dc,
pioted worlds supply of gold and gave
Il final blow TO silver From the cf-
fec's OF this ,he low depth to which
1t has been reduced by the demonea-
Eatlon OF silV1r, ban olalIism Eust now
begin It's tolsOme struggle upward
The senator declared that within the
last 20 years there has been steady
fall In all classes OF property. His
own convictions that silver demoneti-
zation waa at the bottom OF this down
ward movement In prices caused hun
'"fljusly to doubt whether an era OF
l1slorod prosperity was near at hand.
ie was led to the conclusion, he said,
that prices have not yet touched bot
tom. This shrlnkago in prices has
been most serious since 1890. The
NhIu" of property in the United States
was $4,000, 100000 in 1890, now II is
estimated at $4,000, 000, 900, u shrink
age OF 20 per cent since 1890. Our
debts have not shrunk, but have re-
manned an ineXoNblo charge. Can
this proceed, asked the senator, with
out widespread bankruptcy? lie was
o tho opinion that the gradual ten
dency of 1t Ia to leave the debtors with
out tho power OF paying their debts
until by gradual revolution the assets
OF tho debtors were absorbed by the
creditors.
After speaking Of tho defeat of Rry~
an. the senator said that the other
element of the democratic party had
selected Palmer and Buckner on IL
single gold standard platform, The
assistance of these old Fashioned gen
tlcmen In the election Of Mckinley
was In u worthy cause, The New
Hampshire senator then said that MIR.
Fettigrew had been sent to the St
Louis convention on u pledge that he
would support Mckinley and sound
money" and yet, within two weeks the
senator had repudi0tcd his pledge,
holtod Mckinley and sound money
platform and soon thereafter had come
out as Il supporter of Bryan MIR
Pettigrew Immediately interrupted and
with explosive emphasis said
Il brand that statement as wholly
and unqualiticdly false. | made that
explicit dental before and placed 1t IN
tho record and the senator (Chandler)
should know that 1t is absolutely
false
II understand thai the senator (Pe,-
tierewl declares the statement wholly
false. Does he mean to say that he
was not In The convention which named
him as a McKialey delegate"
Il say" interrupted Mr. rWtIgrew.
vchemently, that the purpose Of your
statement is absolutely and wholly
false.
All, my statement is what the sen
ator questions. Now ! ask him whether
he attended 4 convention favorable 10
sound money and vas named as del
egate by such convention
Mr.. pettigrew declared that he had
made his position perfectly clear be
fore the state convention prior TO his
being chosen as delegate. The Incl
dent was brief but was emphasized by