OCR Text |
Show SKVKKAL QUKSTIOXS lliieerd bjtlio Wetlfrn I ntimrrrlal i'ongrrsei Papers Itead and Ad dre,M llellrrred. THE LEQISIATIVE (TREATMENT OT THC MONEY QUESTION, Senator Slcrcarl's Ultrrof Itetrrclt He lain Full Mjinpllliy tillli ' tlDl'uiigrris. Pr Tslcxrsi b lo lh Ntwe.1 Tin. ttiirrnv eciMiiiiKi. Atlilressea I., slsltr.rs.--l luanre end tlenemslallsin. K'AMAaCnt, Arll lli.-After the nitroii"Po,iliitliiiAUd IUw Material" Mate-rial" had been result (heguesbtof the fotiffrc-s, we re Invited to mskealdresa ix. F.x-Uove ruur (leurge W. (illck, of Kansas, said the subject of the greatest llltc rest to tlie Western farmer wa, the Agrlctlturtl cleprcslou. The greatist cmsu ef till, cleprusnlun Is luslilllclenl matketa. Thu remedy wat a wider llel I fur the dl,isltloii of the fvrmera' turi lus. HlHluu'a reciprocity schemea mid llut- elloru In iMiuidlng thu uurkits fur live stuck were pirtul rem-ejlea rem-ejlea fur the picsent depression. si I.AM n l.l.lil it, of the Knnsi., house of riprt-cniallvrs, sail tlioM who had an lniierfect ku m ielgo of the situation Mere lie customed cus-tomed to lay the bl tme ui-oii tho farmer, liut there wero other condition, coming com-ing nearer the root of the evil. Onu was. lint lutjiitftct oinratlon of the 1 tw orsupi ly and demand, which, lu turn, wa, caused by mercenary contolUa tlontof tapltal by uiiscruiuloua ar-tons. ar-tons. Hucli combination, w era trutls, and they wero the octopus tlit fasti ned lu IU grasp tint farmer, who, while the moat numerous of all the industrial in-dustrial lUvet, a. At tho aamn time the most helpless and of All men the most nit,eraMe. The trust wrru flanked by smeulatlvo boards of tralu aul bjeket shuiis, which forced fal-u valueaupintlieiuo in. Another causo of Ihu deprcaslon wm the too ouutractcsl mvrket, The faruinr wanted a wider Hell. Tf.cy wanted reciprocity. ltcvl roclly wnt a gsod thing. Another way of relieving reliev-ing the situation waa by Increasing the volume of money, htlll another way wa, combination, of farmers against thu o luting combinations. The funnels w t re now trying the latter method. IIIU PAllSONA stated that he wot directed by the ace-letary ace-letary of Die deiartm,ut of agriculture agricul-ture to represent that deiuulmeni at thl, Cungrca. I le spolto ol the causes of thu de rcetdon In ngrlctilture. One was the lot, of foreign market to the farmers la-cause illMrised mltle could not bo laiught. The way to regslu thu marketwaato eradleuitn disease. Dr. Paraon, explained what thu tlejtvrl-ment tlejtvrl-ment wat doing In the way of quarantine quaran-tine and Inspection to turnip out the itisease Among the live alotk of the United Hlatca. I iirJiint.NT nu.t., of the Mltwiirl Htate Farmert' AIM auce, was the next sjnakvr. The greatest rauso of Ihu i resent denrua-alou, denrua-alou, ho said, wu, iarllaau vllilcs. Thu Ia.t national cc'iipilgn was fought on the lino of ecouumlo tlt etluia-x. Othtr cause a of tlie depression were Ihehlgli protecthe tariu, decreased volume of money anl the raising of freight and passenger rate, to pay a dividend on wittered stink. The re. medleaweruA low larllt, lucrease lu thu volume of currency and regulation of Ihe railroads to they could siy ill. vldeuds only on tho actual capital In-vuded. In-vuded. A recent wa, taken till " o'clock. A I.FNUTIIV I SITU byl'.dward Atkinson of Hoston wat read. Heaald lu pirl: Them it no question ieiiding on w tilth tbet future welfare of tlio mi lo of the country nuiy tu mucli dea n la, uu t ho I. g-Illative g-Illative trcatmeutof the money qucn-Hon. qucn-Hon. What wu need In order tu In sure ttAblllty luour monetary at stem, mtlulAln thu unit of value oil Ihu gold basis and to glvo elasticity to the circulating cir-culating medium ore three nits, as. follows: Mrst, providing for the freo rolnago ofdolUrtnf gold or silver In Just the measure that the bullion of either kind shall lie brought to the mints to Im converted con-verted lull coin, provided audi net laaccomiiiuleilliy nuother. Hue-oil I, to rc,al all act of legal teuder, by furce of which farmer,, merchant, laUircre or creditor may becomiiclleil to nccipt payment lu silver or gold, at the o;tlun of the debtor. third, repent of the acts nlatlng to banking which -rerent the Issue of notes it ablo lu coin on demand, at such timet nnd In such proportions Atthebukluesaof thetxiiintry may require. re-quire. Mr. Atkinson doit, at length with the question of money and credit, and, referring lo thu various gold anl silver coin, certificate and treasury note, of Ihe United Htictl, ka) t to long n thuu varloui instrument of exchange am redee matile or conve rtlbte Into one kind of dollars, nnd that the be at kind, p rao long aa they arotqunl to cucli other lu their pu releasing tiovter aud are ket tso by being ktpt convertible Into tho one metal, gold, or Its npilvale lit, which I, the standard of the world' commerce, credit may lie good and tiutlnes, may be active, Any doubt of the quality ot money !mia!ra credit. Phe fieo coiu-aguof coiu-aguof allvtr tlullant without n cor-re cor-re sindlng coinage lu the acta of h gal tender would he tamrlng with the unit of value, and ttoul 1 bo the cause of gravu dlscmlll. Thu prorosnl toorrn Ihe mint, of the United Htalea lo ihu frm cnlnagoof silver dollars, of full legal tc nder under our prceunt statute, 1 but a proposal to collect a forced I ion from the prorty, product, wages nnd earning nf the iccqle of this country fur the Imueflt and stirt uf the tty Industry of niliilug and amtltlug silver ore, the product of which Hie annual valve It Iraa that of thu lion's ci? which ire get (wry jenr from our turn-yards. Thu ) rice In our market nf our cotton, com, wheut, meat nnd dairy product, are established by the pilcct that the excisi orsuri In, will bring by exvrt. That irlce will Ik- fixed lu tolinaof golJ. We cannot alter It Ifwewoull, and would tiotdoltlf wrcould l.very nian tugaged In large trvitnclloua la aware of tho los, and disc redlt. or c oni-merclal oni-merclal suicide whlelf would come from such n )irtlng from the wat a of commerce nnd exchange. . Anattcmit lo establish any nClitr abin lard thtn the gold standard In the United Hlittiasli'Mill I by way of an Interniitlonal agreement. riiixwtho seller of collon, t-irk, eta, need, goll dollars nud ha, a light to ex-t ex-t Iliera; l.o claim, them, but the hiitir ulTera lo ty liltu In silver iiollarF.undcrllielegieltendernit.wh.cli force thu seller lo take auih dollars, eveu If by free collitku without amend-mentaof amend-mentaof (linnet of legal lender they h 1 1 Is-como worth only W) cent, even. Whit term, shall weanly to such Act of legil tendtr, which ran only 11 Justllled fir Ihu purpose of oiled-lug oiled-lug it fon-ed loan? They are net, of war. That Iheie I, no danger lu cotul ng a, many dollar, of sliver or gold as the peo le want who may bring tin Ir bullion to the mluttobe coined, I true. The only danger I, an nhu uf Hie trust tinier thu nit of legil lender. It the liw rvcrlu the. reaia-cllve Use ti willcll the gold till-lar till-lar an I sllvt r tlolltr shall lu put In the Minowny; then, mil then only, will free colnaicei bo Mfe." -Mr. Atkinson submit with the per remilullnii, rovldlng that the mint be iiiauicd to Hie frei cniuagu of dollar or multiple, nf ibillvra of silver or gold; that the U gal tender net be o amend-csl amend-csl it to provide that 111 nil contrti t or urraugement, lu w hlc h the alngle word "dulLir"l, txpru-sed the dtiltr provided pro-vided by that a r eemeiit thvlt be tho dollar iiiidniif gull; Hint nil rontrvct, or ngreimcMit fur the rtyment of moiier luexim-a, term, of silver shall t! rvl 1 lii silver doll tr or equivalent thereof; Hi it Ihu punhase of silver for iviinvgelutodtlltraatlha cuet of the (lorvrmiieutaliiuld cea,4. RKNATOII UTKWlnT, In Ida letter of re gret, say lie It In full synqstthy with the Western Htitet (.oni mcrcUICcngriss, nndriatlxcttliu lltnessltyofutllled action nf the North nud Houth to lesl-t thu atinrhlng nt. arlceof thegoltointracllinlsta of the niiutiiercivlnunbirauf l.unqieniid the United HUtet. It wa, admitted tint enlerprl-o m itt Itilfiilsli, busliiee, be cuitvllcd an t pmgres, an 1 tluvelon-inuntstayed tluvelon-inuntstayed by allierence bt tho gold moiiuuletallsm. Hut such was thu iwllcy dictate 1 loour Gjvenimeut by ihetiioney changira. alllvcrbnd been dumuuctlxe! aul there lit I Ueu no material incnase in ttie volume of gold coin lu the oouimerclal ttocjl .fli (iutiut of gull hal la-en auxirlHtl for iwii'iuonct'iry puntosee. Population, buslm-n, and crellt had exietuded cuornwusly, while gold for ultlmvte rodent! Hon htd remained station try or declined. An ollgtrchy of gold msnii'inetalllsUi ilthe r owned or controlled con-trolled tiy the honda Huy held every dollar of gold coined 111 oxtatence. I le alvocated that the people bre-tk tho corner by n restoration of sliver to lu procr placet at moiie), And thu, frte theniMlvea from the conditions Im-isised Im-isised tqsill theni. All the fiuVnclat iawaensited by Contrres, for the last twenty five tear had lieeu direct subsidise sub-sidise to thu money towers. How long, lu- asked, wuuld the producera of tho wKillh iiermlt audi legislation? II wastlmu for ttio prodmlu; iltssea, mjlilly those uf the Weed and Houth, lonstert their right,. Under demuui-tkvtloiif demuui-tkvtloiif liver mortgaeea have grown heavier an I prlc-ra of farm product, 1 iwercd. Ho advocated, the ll, Ihu free oolnagocf silver and making It leg, I tenter, and nald tho oulnod silver of Kuropowa, legal ten ler on liar with gold, atupnmluui of about nj percent above our standard dollar. Tlie suggestion sug-gestion that under free uoluagu the stive sti-ve r coin or any country would II nd a market lu Ihe United ritatw, and suf-fcrn suf-fcrn discount from ill ,r cent lu l.uroau silver to 7 r cent on Indian allter, wa, aUurd. Otlier iiieasure might tj necessary hi siiply tho elr-culatlug elr-culatlug medium, but frcoculnago was thu first and moel luiiortant ste)i in the emamliiAtlon of the ms,ct from domination domi-nation by the money king,. " A ltul.li Of 8TATKJI woathtu callud for tho lutroIuctIon of resolutions, whlell were referred lo the committee on resolutions, and among which wire Hid following: lly Hon. W. H. lire an of Nebraska: That part of the revi iiuu necessary for aupiiort of the National government should be raised from a gra led Income tax; that all legal money of the United Htatct should be made full legal tender for all de bts; that no a Ivautage tt at to be gained by the eopio front uktktcm of reelrociiy oa ut prcseut preired, liut wu regard a, essential lo our welfare wel-fare a freer commercial Intercourse with thosu nation, which buy the product pro-duct of our farm,; that coal, Iron, ore. wool, salt, lumber, binding twine aiul cutton ties should be laced lljionHie fiue list: that the ttrliron the other uocissarlcof Ufo bo gruitly rudotel, aud that Hie liixurlea lie male to hear the heaviest burden. 1.X CiOVFIOOII (ll.AU nf Iowa, rescinded lo nu Invitation to address the congress, choosing the sub-Jeit, sub-Jeit, "Marketi for Western Product." He favored mire couipletu railway faclltttc, Improvement of the water-wart water-wart aud extentlon of rulproelty trratlet. A recess wa, then taken until this ovunlng, when auveral nia'dlie, were made on various ttulijects, aftir which tho congrcu adjourned until tomorrow, Tli 11,11 Her, lee Itelurux lu lb Mar J 1 arils. Wasiiincitov, April IS. Heerctiry Tracy Issued mi order today In furtherance further-ance uf civil service, reform In Hie navy lards, lie declare, all losltlona uf fore men and matter meclifhilc lu the New York v aril vacant after Juno 1st, aud convene, altoardof naval otllcera there to hold an examination May llth to allliippllcunt for tho vacant plaiea. mr iiiurisn iv i mhi. Ilslitliier ,erle.l llslwren the I lit. lisle nuit Ilia Sjulltes, (,'Al.currA, Arll III, More mrlcui, flghtlug tt luulceil forwArd to lu the nuir futuru between Ihe HrltUli troop And the Insurgent Maulpurls. Prollt-lugbylhtidilayof Prollt-lugbylhtidilayof the llrltlth troop In advancing to the front, Hut MaiiHi. url, are erecting stone stouksle, cllg glngrllle pllt mill lu ntlur wajt preparing pre-paring lo give Hie llrltlsh it wiinu ro. uptlou. Ueneral Urahacu wot last re. pnted n, alvancliig via Tamil, nu I ileinral Collitt a advancing from M-grlllu, M-grlllu, The sen ling tu the front of n I irgu lorce of llilllsh troosi shows how ,-rioin the sltiiitlon Is, and Ihat thu lltltsh authorities rucognlxo the fact that n crushing blow must bo struck against the Manlpurla In order lo restore re-store tho lost prestige to the llrltlsh army. N IC llnttelU Arrested. CitictiKi April 1.1 It transpire, thatH It llowills,liialciftliu wealthy II mi of Howell, A To., dealer III lum-Iwr, lum-Iwr, with he tdqimti r nt tlila illj, nnd branches nt Omaha nnd Atchison, ICfc, wnt aeere tly arrt sled by the Fed-e Fed-e ral nuUiorllle- y.tcnliy, brought lie-fore lie-fore Hie Unltcsl Htate Commlvloner, mid held III ,t0l Ucll lor hi, futuru npnrance. Iti, said that warrant fur thu arrest of hit two bnllurt, one nt Atchison nn I the other nt dunlin are also out. 1 1 la stated tint evidence Is lu i-oascs-lou of tlie Interstate cum-uiercu cum-uiercu commission whlih will iirnvn that Huaulli aysl-mallrally lirlll cerlvlu wilehma-ura of the Western Hallway Weighing As.x-lstlou at Mls-otirl Itlvir ulnbt ton-cord false shllplugwilghtt rhe welghm cetera III questl III will also Im! arrested and proccvdi-d ugtlust by the coinuilulou. Itoiirtul lltrcut vlolttlou of the I lite rttatu coiuuiurcu law, on the trt of several western rotds, rime hi light throiijlilurormvtloii furnished Ihrougli a dlsrliarged omploju of the packing firm or Hvrllt .V Co. It apiinera that whin thl, man left the empliy of the firm he took Willi lilm coph a of n mini-In mini-In r ol secret contrii U with 'Mllroa I,, anl other evidence uf dlsclnll utlon, inn lo lu the favor of the m muny. tthlcli lie turned over to the Unit"! Htate, district Attorney. Tlie roil, sui id In Im Implicate 1 rim tho IJur-llngloii, IJur-llngloii, HI. I'stll, A tin Wc.tsliaiid (VlllilUll I's.-lllo. Tboultl al, ciflliu roal ih uy llial they aru Kullty f any lurractliuof the liw, Un.ls Henle.1 III lletn.l. Nkw Yuiiif, Ai'ill II Hecretnry Fistvrof the frutsiiry l-pArliueiit, who la In Ihl, city, alld touy that thu prlnclilo li-iel been dcflult ly agreed umit tu reatilct the rest ut sdlcy which permits Cauudltii railway to carry guot, titled In tsm I ncr. s- the continent Into uur territory hlil iiient, fir American tsirt w Jtli.lt cunin over thu frontier from ("ana la trill be Heated iirecbely a, though they nr-rlvett nr-rlvett at the port nf New Yurk. In cdht r vronls, the policy l to prohibit Ihe Irthspnrtallnu xif good, lu lund throiigli the country or a ru,uur territory. terri-tory. 1 1 will proli itily t ike twu w eci'xs to arrange llio ditntls. t luslug nf I'nttlle llenses lie Ireland. Ioni) , A rll 13. lu Hies House of Commons to day thuldll making r-niatlelit r-niatlelit Pie lloslug uf sibllu h cliae III Ireland on Hun In) a, nn I luclii llnjc lu lis scope the clilia of Dublin, ('.irk, lliir.it, Waterfonl nnd l.luieilik, ssed u secoud rvudlu by u vott uf I'lltotl'J. Kii.silnlra.lsnl l-arler an. I leltllln. WAdiiMiTos, April 13. Home dayt agoHuiarinteiideiit uf V:iui Porter n-celvt-l from H. Mcl.tllln, ivlluir of the Arli-octilc, a rurini-n.' AIILvm-ei newsia;r published at ruieku, Kan , a letter intli'ltlug the work nf Ihe litiruau In Its farm mortgage luvestlgn. Hon, alleging, among other things, that It wis Wing euiiiuitud fur patty turpiiM-,. lu reily tu Ihla lull, r, tho siiperlntt ut ha, written hi McUllln: "That there I, novvldencv, nor la It a fact, that the centut ofllce cou luclud the mjrtgage luvciitlgatloii fur parllauu liuriosea. Thu idea hn, been tu Aacer tAiu the truth, aul, a, faro iosslble, the whole truth tu regard to the recorded record-ed llldettedlluas of Ihu otle of the Uulted Htates." At Hie resent time tho centut ofllce la uciin tellng n colhi Hon of facta lu re-gnnl re-gnnl to faiuiAiid homeuwnirship In ICansa nud thu nt Igbborlng Htate and need. Hie coo pi ration of the farmers, at vvhosu request thu luYetillgatloii has bovu undertaken. Illlr lllllrlals VftslllliMl. Nrw Yintic, April 11 Tho olllcert of all thu rallruadt represented At the mettlug of the Western TrAtllu Assoil-atlou Assoil-atlou are imstllled At the action nf Jay (lould, Itiissell Hago and C. P. Huntington In Ignoring Hie nice Hug of tho advisory Imnnl ytsterdayln Chicago. Chi-cago. Hussell Hage, when tioketi to Ihl, morning nttout the absenie of (lould representative, Ktld. "I do not know Aiiythlug about thu melt-lug." melt-lug." lleprccntatlve of Ilia Yanderbllt Inlc rest au 1 of Drexel V Morgan ro-fesse-d tliumsilvet nt a lost lonceuunt for Jay llould'e action. It It slated that ( liauncey I)eiw uud Corucllut Van lerbllt aru now on their way to Chicago to taku some kteps to prcservu Ilia Integrity of the Presidents' Assocl atlon, tail there scemt to lie nothing for them to do but lo revive theoht Northwestern Association, or ulsu taku tteiatut once lo continue the Ht. Paul nud Nurthwetteru Inonecomj any and try to live through thn conflict for tupremaoy In the Northwest. |