The times. [volume] (Richmond, Va.) 1890-1903, 1898-02-01

something vitally different from what
II must mean now.
This brings me-" proceeded Mr.. Ding
ley. ito the consideration OF the vital
question as 10 whether the government
has the moral right, in other words, what
right would be an act which the moral
sense Of the worid would regard az In ac-
cordance with honor and good faith for
the United states to pay its outstanding
bonded Indebtedness in dollars of so ma
terially less value than the dollar which
has been the practical standard of values
since 1884 barring the war and Yeconstruc-
tion period and which has be9n the legal
and practical standard OF values since
1873, and the dollar In which our bonded
indebtedness has been paid thus far: paid
by every administration from Lincoln TO
Mckinley to-wit: the dollar equal In value
10 2j.S grains of standard gold. Gap
plause).
More than three-fourths Of the out
standing bonds were. as matter OF fact,
issued and sold after 1873, when the sil-
yer dollar was dropped from the list OF
coins. Now, in view OF these facts. would
It be good faith for Congress. now that
silver has so greatly deprecated. 20 re-
store it's free and unlimited coinage at the
ratio OF IS to by this country alone
when the market ratio is 80 to and then
use such dollars to pay the bonds which
we had sold for gold under such cir
cumstances? | do not think IL would.
DO NOT TRIFLE.
"I fear that many OF you are resting
on the expectation which you have that
nothing Of this kind will be done and
casting your vote on the unworthy idea
that you are planning politics. II so, |
beg OF you not 10 trliie with the honor
and good faith Of the nation for any such
miserable end; for rest assured such an
expression of opinion as 20 the sense OF
honor OF the people OF this country con-
templated by this resolution under exist
ing circumstances would seriously in1ure
the credit Of the country and tend to
weaken reviving confidence.
1T IS because believe (as does every
scientific bimetalist in the world outside
Of politics. that l6 10 free and unltmit-
ed silver by this country alone would
make the United States a silver mono
metallic country like Mexico and China,
and when tho government is on silver
basis that would obstruct our TRADE with
gold standard countries that now take
90 per cent. OF our exports and prove a
serious menace TO our progress, and be-
cause I believe It would seriously injure
our credit and standing as a nation that
] appeal to gentlemen on this sids
Of the House to maintain the pledge
which the Republican party made at 81.
Louis and to keep all our currency
whether silver or paper-as good as gold
and preserve inviolately the public faith
and credit. and 10 gentlemen on the
otbef side of the House 10 maintain the
standard OF value which Jackson's ad-
ministration gave 20 the country SHY
four years ago and the honor and good
faith of the nation so carefully pre-
served by the fathers Of the Democratic
party, and 70 take the opportunity Of
ferel by the resolution now before you
TO show TO the country and the world
that the good name OF the nation IS safe
in our hands" prolonged Republican
applause.)
BLAND SPEAKS
The appearance of Mr.. Bland OF Bland
dollar fame, to whom Mr.. Bailey yil-oed
ten minutes. was greeted with applause.
The course Of the President and Secre-
tary Gage. Mr. Bland said. in pressing
the gold standard upon the country, had
driven the bimetallists In Congress To In
troduce and insist upon the passage OF
this resolution. Every Republican who
yo.ed against this resolution, he said.
voted the ST. Louis platform, and voted
against the coinage OF silver In any form,
free or limited.
Mr.. Bland created grent applause on the
Democratic side by reading from the
record the votes OF Messrs. Hopkins
Grcsvenor and other prominent ReDubli-
cans against the bill 10 pay the bonds
of the United States In gold, which vas
voted upon in the last Congress at the
time the last administration negotiated
tho $3.50, 900 600 loan.
MIR. SWANSON.
Mr. Swanson (Dem. of virginia., in
support Of the resolution, contended that
IL was not a violation of the faith and
honor Of the Government TO pay our
bonds. principal and interest. in silver.
Mr.. Swanson declared that the effect Of
defeating this resolution would be 10
serve notice to the bondholders tlat they
would be paid only IN gold, whereon trey
wculd have no further interest IN silver,
and tho present parity would De de-
stIoyed.
Mr. Clayton Dem OF Ala), asserted
that the defeat of this resolution was
dictated By the masters OF the Replb-
lican party who gathered ~ a New YORK
banquet table the other night at 500 4
plate, which meant az low standard,
that every man ate bale Of cotton and
a couple Of mules.
Mr. Grosvenor Rep. of Ohio), a r1em-
Der of the Ways and Means Committee,
IN opposition 10 the resolution, said that
throughout the changes and mutations OF
the money question in this country, the
Republican party had maintained us tn
varying devotion 10 what was denOml-
mated honest money"
Mr.. Walker (Rep. OF Massachus 7tts),
chairman Of the banking and Currency
Committee, In opposing the resolution,
asked II members had ever stopped TO
calculate the commercial value Of un-
doubted honor whether amonk nations or
indyiGpGl-.
Mr. Pearson Rep., y. c. said he would
vote for the resolution If the latter clause
were omitted. He was committed TO the
coinage OF silver to the extent that II
could be kept at a parity with gold.
Mr. Cannon (Rep., Ill. whose record
had been attacked during the debate, said,
in speaking Of his former votes for free
coinage and for the Matthews resolution,
that the difference between silver and
gold then was bur n few cents; II was
now nifty cents. The Republican party
had always been for honest, sound
money; the Democratic party since the
war for cheap. unsOund money.
RHEA'S SENSATION.
Mr. Rhea Dem, ky) created some
thing Of a sensation. In the course or his
specch. while he was referring 10 the
crime of 1873" he declared that If there
was any hole IN hades hotter than an
other II would be reserved especially for
John sherman
Many Kisses from the Republican side
greeted this statement.
Later speaking Of the Republican cry
OF parity between gold and silver, Mr.
Rhea said a man who hugged his cham
bermaid or cook had as we'll talk of main