The Butler Weekly Times Newspaper, March 30, 1892, Page 2

ssp sree eiceseearteeesed temetiatumaainiiatitiniitinbna ie A full and complete line of the best makes just received. BARLOW AN CORN Farm Implements, Such as DJIM DANDY PIL.ANTERS, Western Cultivators, | world over. [Applause. | G@old and si And the greatest Riding Plow on earth the FLYING Also a full line of Walk Buggies, Spring Wagons, and Road Carts, Mitchell there must be DUTCHMAN, ing Plows and Harrows. and Turnbull Farm Wagons, Grass Seeds, &c Call and see me. FIFTY-SECOND CONGRESS. Silver Discussion Opened in the (for the coinage of silyer aud gold | House Eland Opens Eloquently— Williams of Massachusetts Leads For the Op- posing Minority Followed by Harter, Taylor, Rayner and Others. Washington, March 22.—The sil- ver debate of the fifty-second con- | gress opened in the house to day and from the indications it 1s to be a battle of giants. Chairman Bland of the committee on coinage, weights and measures and whose name is fa- miliar to every commercial nation on the globe,as is the author of the bill upon which the silver battle is to be waged, opened the discussion in be- half of the free coinage people, and Representative Williams of Massa- chusetts, an anti free coinage demo- crat made the opening speech in op- position to the bill. For three days the air has been full of rumors of fil ibustering designs on the part of the anti-free coinage people to op- | pose a yote on the bill, but if such designs exist they are evidently not to be carried into execution until af- ter the three days’ debate, and when the hour for a final vote arrives. The galleries were crowded when at 12:20 o'clock the free coinage bill was called up under the resolution of the committee on rules and its reading requested by Chairman Bland. aninterest in the proceedings of congress, were on hand in consider- able numbers, and their presence in the diplomatic gallery attested that the silver question is of world wide interest. NOT AN APPROPRIATION BILL. Mr. Tracey of New York at once raised a point of order against the bill being considered in the whole house, holding that as the prepara- tion of coin notes by the treasury for the exchange of bullion involved expenditures by the treasury, this bill, like appropriation bills, should be considered in the whole. The speaker, however, held that as the bill did not make a specific appropriation it should not be considered in the committee of the whole,and Mr. Tracey acquiesced in the decision of the chair. By unanimous consent, ou the re- quest of Mr. Blaud, it was agreed that evening sessions should be held to day and to morrow from 7:30 to 10:30 for the consideration of the bill. the committee of Mr. Watson of the peoples’ party | wanted to know something about the allotment of time to the peoples party. : “We will endeavor to accommo- date you all,” said Mr. Bland. “Yes, but we would like a specific agreement ag to the time,” persisted Mr. Watson. “We represent a great party here. We stand as an independent party.” “Weare all independent on this question,” retorted Mr. Bland. {Great laughter. ] Mr. Watson finally desisted on the assurance that the peoples’ party would be afforded ample opportuni ty to be heard. BLAND OPENS FOR THE MEASU “This bill,” said Mr. Bland, in opening the discussions, “proposes | to go back a hundred years in the matter of coinage. It was justa hundred years ago that the wise Even the foreign diplomats | who are usually the last to display | | cessitates mouey from abroad to) Williams said he trusted he would what we cull the They proyided ;suance adopted ‘double standard.’ ' without limit at the mints of the | United States; that silver should be coined the same as gold, should have the advantages and the same recognition. The silver dollars should | | cousist of 3714 grains of silver— precisely the dollar of silver that is | called for in this bill. This bill pro vides that gold and silver shal! be coined at the ratio tixed by the act of 1873, which was called the tratio of 16 tol, or, more exactly, it is 15.98 to 1. This bill provides that gold aud silver shall be { Applause. } “In order that this quality should be preserved it is nece ry thet sil ver should be put on the same plane in reyard to the issue of certificates jut the mint as the gold To day the (law provides that gold bullion may | be taken to the mint of the United States and certificates issued to the owner, or that he may be paid for it in money. It is not required for its coinage.” Mr. Bland here sent to the clerk's desk a letter from the director of | the wint, dated March 16, 1892, | Stating that the cost of coinage of silver would be about 14 cents pr dollar, that $45,000,000 in round figures could be coined every year. equa! at the mnints. and EQUALITY PROVIDED FOR Continuing, Mr. Bland stated that while this bill placed gold and silver on an equality in the matter of issue of com notes in their deposit at the | mints, it also maintained that equal | ity by providing that when the coin | notes should be presented for re | demption the governiient should b: | free toredcem them in either gold | or silver, us it might prefer Thus | coin notes on deposit of gold bullicn might be redeemed in silver, or coin i : * notes issued on deposit of silver jmight be redeewed iu gold. just as} the treasury might prefer. | In course of his argument Mr. | that be had jand would propose later an amend | Bland said j towel Are we to be shackled here by the |eause is won.” ({Applause.] apathy of the governments of other| At the conclusion of Mr. Bland’s ;Hations? Ts our financial system to) speech, Mr. Taylor of Ihnois of the | be regulated—not by our own ideas/republican side objected to Mr. jof justice and our own conventences | Williams, the democratic opponent | | of other nations? | Applause. ] jof free coinage, opening the dis- i | | The moment this great govern- | cussion in opposition to the bill. ;meut declares forthe free coinage of | “The majority of silver, the other co:mmercial nations, the coin: to, will solve that question. the minority of said he, Self in-) desire nm terest will compel them todoso. The) the ouly party that is opposed to os the/ this measure.” re the | fr restoration of silver here m’ |restoration of it everyw m the re; an side. } ker held tnat of the mino the vicws f ver have been the servants of civili- nd the subst:tue of zation since civilization began. They! the minority nity having been presented 2 are twin brothers, asd wher by M saul pr ts gave sever the ligature both are dead./that gentlenan th of Before gold can leave t country opening the opposition to the bill. | us some other form of Mr. Boutelle said he would depre- |money to take its place. The mo | cate ment you restore silverjif gold is ta senting t ken from circulation, prices will go opponents of silver im the | 6 PE sroportion, aud that ve-j het Tu bis opeuing remarks Mr a ° |purchase commedities here that go) be ‘ound t» represent not only the down because of the contraction of y of the committee but “the tlnori the minority of the cou money. — Everything will be cheap. | majority of The man who holds his gold is sim-, mittee” as well ply holding it for silver; for silver NO PARTY will take the chaunels of circulation. “I am acting, |Gold is a tyrant. Gold will not to! T PaTRL/TISM he said, “in behalf of acause which, so far as I know, competition, © H- j dominate or he will have nothing to|tion of patriotism ou do with your fiuances. Let silver | (Applause. } A be coined once and you will see what | draws the party lines upon the mer the result will be then. erate any must | kuows no party, but is a mere ques both sides. who nan Low You bring lits of this question does not repre- | uim to the level of the common peo-| sent lis cause. jple of this country [applanse.] j the level of silver where he ought to|/represent the be. You may have to pav alittle | great }inore if you have the two metals at} [Applause | Continuing, Mr He represents him to self or his party, but he does not true American commonwea'th.” par, Dat l+t us remember that when | Wiliams said linoney is plentiful prices are good. {that ima:nv members of the bouse | You wty have to pay a little more | would feel obliged to vote for free P = 1 but Iehor, Wall ..eet is today demonetizing | lieve in it, because their constituents iter allis the only money. | coinage. although they aid uot be- Consider ations would not weigh in local com | have so instructed them. labor wed wheat and cotton. Th bill 1 them all. [Ap- plause ] amon -tizes mittee. He believed tuat an appre- ciating standard is better than : fluctuating standard. It has been adjudged that as we had the free of silver before 1573, with- out disastrous results, why should disaster now follow this bill? He desired to r-mind the American peo- ple that the monetary conditions of the world have entirely changed since 1873, aud those conditions are Gold is the standard of nearly all the na tions of Europe, and when we de LIMITING LEGISLATION USELES$ M:. Biand then explained the last section of the bill providing that whenrver France opened her mints to free coinage of silver at a ratio of 15} to 1 the United States should adopt that ratio. He called atten- tion to the fact that for seventy years France had by her open mints fixed the price of both metals and kept them onan unvarying parity of 15h tol. To allay any apprehen so: that might arise because the French ratio being 154 to 1 while ours was 16 tol, it was proposed that the United States should adopt coint now beyoud their coutrot clare for the free coinage of silver, It will go toa premium, aud a premium upon gold where will gold gu? 4 os Is a discon silver. PI ANG SARTO SE Galena eee nt coon silver The rert ee oi = of the world will fix the depreciation Braves did so 1 ih = : x 4 Upou siver ace gt ‘ 3 Continuing, Me, Bland” dechyed | 7b oy eurenaccoreig to tle markets ae of the ord, die standar > that the xetion of the government of | a ae i pattie dard will the United States on the silver ques | Ua alg tac, aaa weans repudiation; it means the luvitution to Ba udard. silver demoveuzation in tion bas been an throwing of this country i adi Bic) all fra i suutry into a dis rope te go on We tried 1873 and in all oar efforts to restore hav- been defeated by limitation. When a free coinage bill honest settlement of every debt ecn- trected upon our present goid basis. [Applause.] In comelusion, Mr. Wil- liams presented the substitute bili of the minority providing for an in ternational mouetary conference. silver we Was passe lin the house by a two. } thirds majomty and sent to the senate same idea of an mterus- HARTER HEARD FEOM. Representative Harter of Ohio. ] greemebt was injected into} | meut to that portion of the bill pro- | viding that coin notes shall be issu | ed as rapidly as bullion is deposit He would move at the proper ti 1 | to amend by prov that the coin | notes shall be issued mints found it practicable to coin | ‘the bullion. | for a greater volume | jof money Mr. Bland said that he j would admit that the retined s of credits which has grown i the country does to a certain extent | | economize the use of money, but in the end the day of payment of these | obligations always come and then we | must have money. In 1881, when | we had passed a bill for refunding | the national debt, the national banks ‘of the United States surrendered | $15,000,000 into the national treas- uryasathreat made for the pur pose of inducing a veto from the | president—a threat which effected | its purpose, and the result of this | withdrawal of $18,000,000 from cir culation put interest up in New |York at the rate of 1 cent a day. | | Notes and bonds are not money—} lare conveniences. The whole fight) , over this issue is between the cap: talists who demand interest and the | | people who demand mouey instead | of interest. [Great applau-e ] | s rapidly as the | In arguing stem up in EUROPE WOULD FOLLOW. The gentleman denounced the pe-| | riodical attempts made for interna- ' tional agreements every time the} | The last co: also a democrat, now spoke in oppo sition to the bill, and insisted that the Biand bul, iustead of i aud provided for the purchase of trot | VO0,G00 to the questian, meauwhile we} creasing 34,000,000 a mouth. fhe olameon Gunes ib oluluie OF mw e lie clircuiation, - 1its result actual purelase 34,5000,000 worth of sil day alter ver mouthiy, and its frends pro ; tnage bill, elaimed that it was done in the ir- 0 i : ncire i terest of siiver, In the interest of emthese of e people. we will j +! {sare jeall rt » =e. ie) silver! [sareastie: He opposed have $1,200,090,000, for money w. 1 that bill and said the gentlemen b e depreciate | to this extent. Dene Ra ) | e} Pe LV, ra ins yes a ‘ 1 were se a uselves = the | jorats are Opposed to protection, yet ry. Sliver cou. ot} a country, and that s could not many of them desired this bill to be a= : par 9 aah such — we | give the silver producer th» beuefits ber. he law o 78 compelled | o¢ , system. ce the coinage and use of the silver | Continuing, Mr. Harter said that dollar. The law of the lust congress | . 1873 we have iu the eighteen used the ballion for what? as mere! years minted $729,000,000 in gold dead capital in the treasury which lalune, or an averge of over $40,000, might as well be in the bottom of | 999 per year Now, under the Bland Potomac. Was the United States!,., ee ea ae : h ae | bill, this would cease aud free coin- ou frig] pane — the action of age would drive out our goid and other tos 5 acme they Were toeave what remained merchandise, demonetizing silver and going to a} Un geld standard, eats the United | limited coinage of gold and silver on SNe follow suit? a {eS | the basis of 16 per cent. of silver to tion was one that whould not down 1 of gold would drive out the gold, because it was one that American eit. would uudervaiue it. people well understood. [Applause.] | BLAND'S CONCLUDING APPEAL Tu couclusion Mr. Bland said: aud if uuder free coiage we only *“ITappeal to gentlemen on this! ri floor to lay aside every idea of Bae eeriene: Gi yasiee ty exigency, every idea but that! _ which is right and just and to cast their Eos according to the dictates coinage bill. of their own conscience and to the! ee pledges they made to the great pro- | ductive masses of this country. If sine as wheat, corn and cotton are. l bec Gold seils iu all parts of the world | for 22.85 times its weight in silver, sixteen give it a valu- of , all human would have uo din encalation after the pre: dent sigved a free and unlimited This bill is called a It is wot in any proper sense whatever, and it is pure and simple, a bill to compel (Continued on next page.) inage bill sued i to open the discussion fer | { Derisive laughter interests of the: for Infants and Children. “Castoria is so well adapted to children that Castoria cures Colic, Consth s Sour Marrhoa, Eructation, ives sleep, and promotes di urious medication, Tug Cextace Company, 77 Murray Street, N.Y A. O Welton Staple:Fancy Groceres, | Feed and Provisions of all Kinds. CINV { i | | QUEENSWARE AND GLASSWARE | CICARS AND TOBACCO, | Always pay the highest market price for County Produces East Side Square. Butler, Mo- NEW FIRM? NEW GOODS? Having purchased the stock of goods known as the Grange store consisting of GROCEREIS & DRY GOODS, I desire to say to my many friends that I have re- plenished the stock and fitted up the store room in shape and I would be glad to have all my old friends call and see me. PORDUCE OF ALL KINDS WANTED. T will guarantee my prices on goods to be as low as any store in the city. Call and see me. Tr. t.. PETTrys. cs New Discovery by Arccident a5 1 WEGK, FACE, AGE ART OF THE : TO INTRODUCE 1T, ay iy guickly desolved and permanent}: DB) HATHINE. the nem ana wanderte ee or ORESS— t ob Washing afterward it was ed. It is perf its 2 discovery ever attaine been annoyed with on their FAG) its merits | fai If the gre the heavy with fuil This advertisement is honest and al with us and you will find every- Race Street. Cincinnati, Ohio. delivery. We will pay $500.tfor y bottle guaranteed. s Anti. Hairine we will pre sent with cach order. aadress written pi Straight forward in eve t 28 repre: You can register any case of fa SPECIAL— sent with a SHIk Dreas 1 ON 12 TK YAQTAS AMOR MO peau 8 “so1g: puy $ Woy si eA o1qnog oq) 07 00't ‘ST 0. $ 07 OTR Wor ssouswy u ‘Axyanoo sq ur epum Tad VS AOM MOD» MUOy rad puw sopdys [[¥ Jo so_ppyg o[8us OW ‘Kqunog sozvE Jo uoUT ssousUEY AooU0K soud faNviTUvenK ) iS¢ ;ag fanieee |Z2sk es | 252 \ ee } cmite- |\m@2ze5 2 | 227 i == | 2&2 Zag tr founders of this government in a free coinage of silver is proposed. j they do that this bill is safe; this (SERIA ects cette fo