The Anaconda standard., 1899-12-12

MT. SlmmS, of tennessee, that the
mints should be opened to silver if an
international agreement could be OBJ
tained?"
mo, SIR" replied Mr.. Dolliver. 81
have had my last whirl with silver. I
have been humbugged for the last
time"
Mr.. Dolliver said that the cry had
been for more money In three years
of republican administration $500, ,000,-
600 had been added to the volume of
currency, more money than could have
been coined by the mints in 10 years
If the mints had been opened to silver.
In other words" said he, 1--WE have
done for you in three years more than
you could do for yourselves. Why
don't you get out of the road and let
the main procession move on?" daugh-
ter and applause)
Mr.. Dolliver recalled Mr.. Bryan's
prophesy that the gold standard could
not be enacted without q universal fall
in prices.
rs there a man in, this chamber"
he asked who will rise in his place and
say that Mr.. Bryan knew what he was
talking about?"
Not a democrat rose. Mr.. Dolliver
paused, reiterated his question and
then resumed.
1T is the confession that in a ques-
ton which goes to the heart of the con-
troversy. Mr.. Bryan lacked wisdom" !"
He also called attention to Mr.. Bryan's
prediction that wages would fall and
men would be thrown out of employ
ment. Yet, at the end of three years
of republican administra ton, under the
gold standard, there was not an in
duStrious man in the country without
employment The three years, said he
had proved the last fears of the repub-
licans as to the wisdom of enacting
been done two years or one year ago,
but to-day the unanimous voice of the
republican party was backed up by
the experience of the business world.
Mr.. Mcclellan of New York opposed
the bill. II do not wish 1t UNDERSTOOD
said he, that l advocate the present
system of bank note currency. The
first direct sequence of the enact
ment of this bill will be very great
raise in the market price of government
bonds. Its enactment also would re-
suit in the extinction of the present
bank note currency" He argued that
the impounding of the treasury notes
and the United States notes in the
terms of the bill would result in a con-
traction of the currency amounting to
more than S265, ,000,000 and require an
issue of bonds to that amount at an
additional cost of sS,000,O00, or a total
contraction of the currency of nearly
S0lu,OUUUUU, ana reuuctlOn OF the per
capita to S1902.
In conclusion he appealed to the
sound money democrats in the house
not to vote for the bill.
Mr.. De Almond of Missouri followed
in opposition to the bill. Replying to
Mr.. Dolliver, he said the democrats
had. not been overborne in 1896 in the
conflict of reason, but the republican
party had won by summoning to their
aid the corrupt and tremendous power
of money and corporations. He charg-
ed the republicans with deceiving the
people in 1S9T-they We're bimetallists
then. If they We're honest then, they
must be dishonest now: if honest now.
dishonest then. The change in the
bonds from coin to gold bonds, he said,
would make a free gift of S100 600 600
to the bondholders. The bill would
create a bank trust. He predicted that
this measure would overwhelmingly de-
esfeat the republican party in 1900. What
Nle peoples victory was won next fall,
said he in conclusion, it must not be
necessary to so to the vine clad cot
tage" at Canton, Ohio. to offer con-
gratulations, but beyond the Mississip-
pi to that modest home in Lincoln.
Neb., where resides that great and
staunch friend of the people. Oem-
ocratic applause)
Mr.. Green of Pennsylvania then an
nounced the death of his colleague, the
late Representative Ementrout Of Penn
sylvania, and at 500 p. M, as further
mark of respect the house adjourned.