The sun., 1899-12-16

iiOubt. nb CnuFgeR OF ITHuu HusChnty
iounded and untrue. The state OF Kentucky,
Mr.. Boring said. was the only state which had
purely. state camp paign, with the result that the
State declared Tor sKinley and sound money.
Democratic Congressman in the State who
Mr.. .Bromwell rep. Ohio) said he repre-
sented constituency who knew no financial
allegiance except to the Republican party.
Poh The SS oh 10 af he
cordial approval Of the pending pin:
% The general debate on he Gsrt @. oI the Demo.
advantage of what they believed to be the
question to Insert in the bill something entirely
different and not connected with that subject.
III Tn.y no, M S
solely the function of issuing notes. He turned
ton 70 cal attcnton to What he called tSe sS
surdity OF the definition OF standard In the bill.
the gold ssan%ara Mr. RoE Bailey said Tor ese law W
OF lSI3, specifically made the gold dollar the
ns s as Sr added hs PspSs PsSs
the eagle. The proGer way would have been
to describe the eagle rs the multiple OF the
standard The expression In the bill was a use
OF poetic license absurd to men OF practical
Mr.. Bailey said that no man could long hold
relations with the Democratic party who voted
s,r to turn over to the national banks the note;
He discussed money supply amt prices, assert
ing that the present range OF prices was q vim
1866. being the result OF the Increased pro.
ductton OF gold nnd consequent augmentation
Mr. Daizell-So / understand the gentleman
TO hold that the increased store OF gold has
aps sy coinage Ms SH sss s Ss hs Of aPd PS
MIR. Bailey---Not at ALL. I am still convinced
n fa atN nH IN na Nh. rlRlI
added, had. long experienced the depression
incident to falling prices Let us try for while
Mr. bailey said that while prices OF things
controlled by trusts had risen. 1t was not so
with the great staples, wheat. corn and cotton.
but not SO nigh as when William Mckinney was
elected President OF the United States" APP
Mr. Fowler lRep, y. J.l-will the gentleman
ten nr me s Wy ths price Of cotton IN ne five years
99nMI do lower than the Ave years from 1893 to
Mr.. Bailey Because. as Prof Alfred Jeyons.
cent, from 1863 to is and prcss especlsiy pee Sy
portion The effect Of the discoveries oi gold
IN Australia and California was followed AT
Mr. Bailey asserted that. notwithstand ding the
fac! that the relation OF demand and supply o!
t SI,ton i snd wheat & Ind not r essentially changed cha
crensart In the intervening period 80 per cent.
and that Of wheat 80 per cent. and he asked
bSmSeraic % party % /, S n"s i've SH ON tss mseT
les OF the people it had survived panics in the
pcrity when its enemies adminiatered the Gov
eminent. aud 1t would survive the taunts and
the jeers that were nov being heaped upon II.
A. il the case whenever Mr.. Bailey makes a
speech Of any Importance in the House he was
Sq hs RuS5sS
NOISY cIsculations was BROKEN by the clear
b. sS%4SeF sror Il Che snss gold
standard and shall vote for this bill. because II
enacted ipto law i will tortiiy by statute the
Mr.; Payne rep. y. y, supporting the bill.
said he had not expected TO take part in this
when I heard the gentleman from Texas in
despairing tones admit that i was being dis
,,itions. the Democrats Den VIC party should he ii".
handed and go out Of the calamity business I
thought 1t NV duty to extend to him my con-
disorganzed condition OF the Democracy on
this door is perfectly satisfactory to those ofus
Mr. Payne proceeded to illustrate the neces-
ssi,y Tor he proposed legislation by nhrrntine
tns s. o. 10 pny of
rad for g2i bonds He vas one ., tho,s Who who
and he had never felt the necessity OF apolo-
Nr. R,chard.cn Dem. Tenn. read from a
speech BY Mr., PAYNE in August, 1898. In which
he had EXPRESSED the opinion that there
Mr. Payne admitted that. amid Democratic
applause and laughter. but explained that he
had said much more BOT fairly represented by
Loul: platform in 1885 but the illusion Of that
year had passed away. There was no longer
national agreement 10 support bimetaIlism.
and when he % saw how The Democrats here had
bate. acting Ns Il they were ANXIOUS to drop il.
he was satisfied that another illusion was pass
Mr, Dalzell Rep. Pa said that the necessity
for the proposed legislation arose from the fact
that, despite historical precedent1 and facts.
sisted that the obligations of the Government
were payable In coin. IL was thought desir;
maesy % ' " sw shs face, shut evsrs @ R issued
or coined 10y the United States should he meas
ured by the gold standard Another reason
tary OF the Treasury, In view Of the differing
contentious, 70 change the policy Of the Gov.
had been n advancsd by the minority 10
the course e. the Seohs Rs y Shs the 6
II single sentence hy ,hHt gen:
ileman who had so sq1ccenssttuiIy 1c nst IN made h,s
wandsrinrs in the ,wiIds Of Texas to declare
that the pending bill should not he PASSED be-
case pnry pi % d me a%nG
ment insisted upon by Mr.. Richardson Of Ten
that in hs tse
party" But / insist that when William Jcn-
pnGs Bryan said Ds%Ssraey ls,, he mean, an. 1 ,hs
is not IN the interest OF that party"
Mr.. Morris Rep. Mimi preiaced an ami
mated attack upon the Democratic party by en-
planning that he had been asked unexpectedly
to occupy "A few minutes. He had told the gen
tleman that he had no speech prepared. but
that made no particular difference; for ne had
never seen the time when he couldn't give the
Democratic party the devil .lLauRhter,l The
gentleman from Texas Mr.. Bale had asked
the necessity for enacting this bill into law and
. moment later had glorled in the fact that tho
Democratic party had survived all Of It's intqui-
ties. and would live on. IT r." shouted Mr.;
Morris, because OF the undyinR qualities "
the Democratic party that we seek 10 pass thi
bill We do not forget 1892. and with the .nowl-
edge that some time God In His inscrutabe
providence may bring the Democratic pnrty
into power, we want to put the country out OF
danger Laughter and applnnse; Mr.. Nor
ris then launched into general denunciation
Oi the Democratic party for Its attitude toward
financial affairs. feictating himself that no
had nothing TO apologize for. He said that the
present position Of the Democratic party in the
House put him In mind OF a story thut he heard
last year, but before he could get inrthrr the
ualy to get an extension OF time. and he
piaintively inquired Of Chairman Hepburn
In IN LOT m nm ~ Finding