Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1898-02-01

xtsI.f .f.1.
WI, wien our bonded Indebtedness has been
az. a." snus FAR; paid by every admInistra-
~" from Lincoln to Mckinley-to wit.
~ uo'iar equal I'm value to 25s grains OF
standard gold. (Applause1
BONDS SOLD FOR GOLD.
MOT" than three~fourths OF the out
s'ahulng bonds were, as a matter of fact.
isSueu apd sold after 1873 when the silver
uo'i'r was dropped from the list of coin.
Now IN view OF these facts would II be
good faith for Congress, now that silver
mas so greatly deprecated. to restore IT'S
iree and unlimited coinage at the ratio
OF 10 to /. by this country alone. when
'he market ratio is 80 to /. and then use
such dollars to pay the bonds which we
had sold for gold under such circum-
stancesT 1 do not think 1t would / fear
that many of you are resting on the ex-
pectation which you have that nothing
OF TINS Kind viii be done and casting your
vote on the unworthy idea that you are
planning politics. If so 1 beg of you not
70 ulhe with the honor and good faith OF
the hation for any such miserable end /:
ior' rest assured, such an expression OF
opinion as 10 the sense of honor of the
people OF this country as Is contemplated
Dy this resolution. under existing circum-
stances, would seriously iniure the credit
or the country and tend to weaken re-
NiNing confidence. 1t is because / believe
Vts does every scientific bimetalnst i'm
the world, outside Of politics) that is to
1 free and unlimited silver by this conn
Try alone would make the United States
a silver monometallic country, like Mexi-
co and China. and that if this government
were on silver basis the fact would OBJ
struct our trade with gOld-standard coun-
trles that now take 30 per cent of our ex-
ports' and prove serious menace to our
progress, and it is because | believe that
1t would seriously injure our credit and
standing as "A nation that | appeal to
gentlemen on this side of the house to
maintain the pledge which the Republican
party made at st. Louis to keep all, our
currency. whether silver or paper, as
good as gold. and preserve inyiolate the
public faith and credit; and to gentlemen
on the other side Of the House to main
tain the standard of value which Jack
sons Administration gave to the country
slXty-four years ago. and the honor and
good faith Of the nation so carefully pre-
served by the fathers of the Democratic
party, and 10 take the opportunity Of
fered 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 ap-
plause)
BLAND AND SWANSON.
The appearance of Mr.. Bland, of Bland
dollar fame, to whom Mr. Bailey yield
ed ten minutes, was greeted with ap-
plause.
The course of the President and Sec
retary Gage, Mr.. Bland said, in pressing
the gold standard upon the country had
driven the bimetallsts in Congress to
introduce and insist upon the passage of
this resolution. Every Republican who
voted 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 great applause on
the Democratic side by reading from the
Record the votes of Messrs. Hopkins
Grosvenor and other prominent Repub-
licans. against the bill TO pay the bonds
of the United States in gold which was
voted upon in the last Congress, at the
time the last administration negotiated
the $4,000 600 loan.
Mr.. Swanson DemocraD, of Virginia.
in support of the resolution, contended
that it 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
VI ItltdiiIS lIiS ltSOluiloH WOulQ Ut 10
serve notice to the bondholders that they
would be paid only in gold. whereon they
would have no further interest in silver,
and the present parity would be de-
stroyed.
THAT NEW YORK BANQUET.
Mr. Clayton OemocraO, of Alabama,
asserted that the defeat Of this resolu-
tion was dictated by the masters of the |
Republican party, who gathered at a |
New York banquet-table the other night. |
at 500 a plate, which meant at a low |
standard. that every man ate a bale OF |
cotton and a couple Of mules.
Mr.. Grosvenor Republican). of Ohio. a |
member of the Ways and Means Com |
mittee i'm opposition TO the resolution, |
said that throughout the changes and |
mutations Of the money question in this |
the Republican party had MAIN |
tained its unvarying devotion TO what |
was denominated honest money"
Mr.. Walker Republican,, Of Massachu- |
setts. chairman OF the Banking and |
Currency Committee, in opposing the |
resolution, asked if members had ever
stopped TO calculate the commercial |
value of undoubted honor whether |
among nations or individuals.
Mr.. Pearson Republican), of North |
said he would vote for the re-
solution if the latter clause were omit
ted. He was committed to the coinage of |
silver TO the extent that it could be kept |
a parity with gold.
Mr.. Cannon (Republicam of Illinois, !
whose record had been attacked during |
he debate. said i'm speaking of his FOR
ner votes for free coinage and for the
Matthew'S resolution, that the difference
silver and gold then was but a
ev cents: IL was now 80 cents. The Re
,ublican party had always been for hon
81 sound money; the Democratic party,
,ince the war, for cheap. unsound money.
A SENSATION.
Mr.. Rhea DemocraD, of Kentucky
.reated something Of a sensation. In the
,ourse OF his speech, while he was re-
erring TO the "crime of 1919, ne ue-
Jared that If there was any hole IN
LADIES' hotter than another. 1t would De
eserved especially for John Sherman.
MANY Kisses from the Republican side
,reeted this statement.
Later. speaking of the Republican cry
r naritv between gold and silver MI
2hea said a man who paid addresses 10
lis chambermaid or cook might as wen
ak of maintaining the honor Oh MS
,ouseboId as those who, debasng silver
: everv way. prated of preserving the
,arity OF the two metals.
Mr. Bailey, owing to the great pressure
or time. had only four minutes III whlch
n close the debate for his side.
The resolution under consideration, ne
aid contained two propositions-one