Show THE RUN the great silver champion bland I 1 takes tt tl 6 lead democratic DEMO ORATIO WORDS or OF WARNING WA RNINO great applause greets his remarks on the tha floor of congress pence makes a speech washington aug 11 we do not intend that any political party shall survive that will lay a confiscating fis hand on america in the interest of england and of europe and silver in this country and my trends fronds of the eastern democracy we hid bid you farewell when you 3 ou do it I 1 these were the words of richard 1 P B bland 1 and in the great financial it contest t that opened the house of ile P presenta tives today and the applause that followed the determined utterance demonstrated that the great silver leader had with him a material 11 element of the democratic party it brought every member of the house to a realization that t tat tile the most serious crisis in the D democratic m c party since the dissensions dis ns of slavery was at hand all and d t that ia t the division of 93 like tha division gl 61 would bo be largely on oil sectional lines in accordance with the pro gramme last light agreed upon wilson immediately alter after the meeting of the house introduced a bill unconditionally ic ie pealing the sherman purchasing pur chasin r law and alid bland on behalf of the free coinage 0 men followed with a 1 resolution providing in for the anim immediate e diate consideration of the bill and allowan allowing b fourteen days for general de debrae atae before the vote should be taken immediately after the reading of or the journal wilson offered for present consideration a bill to repeal the purchasing clause of the S sherman 11 er ill all act bland afi offered ered the arcement agreement I 1 made this morning governing debate it limits the talk to tho the total of four por C 1 IL i ra ill to 5 p na baay ma bays ay rom irom 11 iv biou batoL if desired 1 i bland then presented the aulov fo lowing in g bill of silver men which provides for free coinage and repeals the silver purchasing act be it enacted etc that bioni and after a the passage of this act all holders of balver bullion to the amount of or mole standard weight 0 and fineness shall be entitled to have the same coined at tile the mints of tho the united states jilt int sit silver ver del dollars lars of the weight weigh t a and nd fi fineness ne provided for in ill S section 2 of this act see sec 2 that the silver dollar p provided provided for in ill this act shall consist of grains of standard silver said dollar to be legal leal le 0 al tender for all debts dues and demands oth both 1 public 1 alic and private 1 sec 3 the holder of the silver dollars herein provided for shall be entitled to deposit t lio lie same and receive silver certificates in tile the manner provided by the law for the standard silver dollar sec 4 so much of the act of july 14 1890 as requires ahn th monthly purchase of ounces oun cos of silver be and the same is hereby repeated repealed bland demanded dern the previous question on his order but it was antagonized 0 by the republicans who wanted to debate the question finally a vote was taken resulting yeas 17 nays so the previous question was ordered the rc ile publicans public ans generally voted with the democrats in support of the motion the resolution was then adopted at 1 p in blayner dem of maryland began lie g a n the debate in i n support of tile wilson vilson bill for the unconditional repeal of the silver purchase clause of the sherman act raynor said the adoption of free silver filver coinage would tie us to the tail of any bankrupt nation of the world opening the mints to silver might for a time maintain a fictitious value to the coin but the value of bullion would always be regulated by tho the market price As long as the sherman silver act remains on the statue books so long will it be impossible to effect an international tern ter arrangement BO be long iong will monetary conferences result in failure raynor said what kept silver and gold at it ii parky parity was the misplaced confidence confidence of tile the people if the real condition of tho tha treasury were known there would be no necessity for repeal the sherman law woul would d repeal itself the constitution nowhere establishes P gold and silver dilver as the money of the country there is no obligation to coin silver nor to purchase and store it for the benefit of the miner whilo referring to the democratic platform piat form stayner said in closing 1 I know the de declarations ela rations of that document have been differently construed according to the views of the gentleman expounding them As for me in this supreme hour of my count rys needs I 1 nm am not blinded nor intimidated by the glittering words of convention declarations cla rations brown dem Def fi of indiana followed raynor ile ho was in favor of the coinage coina 0 e of silver but in view of the havoc wrought by the sherman law and tile demands of the democratic platform lie would vote for repeal with or without conditions in addition to repealing tile the sher sacr man law lav the democratic platform promised to coin both gold and silver without discrimination against either cither that promise must be redeemed clec ined brown said lie he would not attempt to eo speak for the president but if lio lie were to to do so lie ho would say that cleveland favored the coining of both 0 gold old and silver in accordance with the lie terms of ahn democratic plat platform fort bland rising to open for free coinage e pressed expressed regret that a number of gentleman of whom the speaker who had just sat down was one oae ol of the most capable IQ had seen fit to change their position or on this question to abandon a largo large portion of the voters ibo ho aided in giving them thein the seats the they occupy I 1 to turn t heir faces to the east their the backs to the west avest As to the declarations of ale the democratic platform bland asserted that it was tile tho understanding that the free coinage 0 of silver necessarily meant the repeal of the sherman She law the two were so antagonistic 0 that they can call not exist at the same time but met now with the suggestion that we legislative piecemeal repeal the sherman law fair and take our chances on securing anything in its place which shall meet the pledge of the platform to coin both silver and gold this is because the panic is upon us tho voting masses of the hie country said leliand bland may inay become panic stricken on election day ji they do im afraid those like lie he gentleman from indiana will feel the force of that panic bland sketched briefly the history of tho financial financil a I 1 legislation dicent u 1 4 l osE erter o tralau tr Allu ji A that bbb same cry cry of going to a silver basis had been raised raise d against the bill of 1878 with which ilia his name had been connected lie ile se sent elit to the clerks desk and had read an extract from the report of the parliamentary lia committee on the indian currency to the effect that it in its opinion a repeal of the sherman purchasing aut act would be followed by urther further depreciation in the price of silver and we are deliberately df asked here bere continued bland blanci to vote vole to bring about a decrease of 15 cents per ounce in the price of silver before providing 0 fur for the restoration of its cei coinage it age no man mail eau defend that voto V before his who is in favor of free coinage cod coinage nage 0 upon the question of ratio rland bland argued in favor of 16 to I 1 ile he said paid if the united states would maintain parity of gold and silver on oil that ratio the world would buy our products wo ivo have property to sell and should induce purchasers to come franco france maintained gold and silver at parity with a ratio of to 1 for seventy years because she had property to sell if we do thi this 9 said bland western europe must come to our standard bland having h abing occupied an hour and not having t finished unanimous consent was given for him to conclude without respect to the time limitation at that ratio ho be continued continue franco has ben been able to maintain the parity of tile two metals all over world that was proof that tile the I 1 government of the united states cou could 1 d do s so 0 at a ratio of 16 10 to 1 IS 11 europe refused to accept that ratio the effect iwald bo be to divert from europe all the trade of every silver producing countr country y in the world could E england lie asked a kd c this withdrawal of f trade certainly not it was b bimetallism sill that mado made the manufacturers of england so strong and prosperous western europe would have leave to come to the american standard or abandon its commerce with the united states and with all civilized countries the money requirements of tile united states with the wealth industry and energy of its people were equal to those of england franco france and germany combi combined ned and tile whole civilized world would have to look to this country for its future monetary supply an and yet yat said lie with vehemence we are arc asked hero here today to day to lay the bloody hand of confiscation lon on millions of our population in order to supply the greed of england will ivill congress co n ress do it will you trample down the interests of your own people and destroy the value of one of tile the precious metals simply to gratify the greed of WA street a mere ailt agent of lombard lombar d street it cannot it shall not be zone done applause speaking for the mass of tho the people of the valley and of the people west of it I 1 say you behall not do it Renew applause and any auy bed body or any party part that undertakes to do it will in gods name bo be trampled is as it ought to be in the future continued applause on the floor and in the galleries le ries 1 I speak as a democrat but yet yel as an all american above democracy here bland dramatically spoke the words at the opening of this thi dispatch in conclusion bland said addressing 0 his words to tile the eastern democrats if you demonetize silver the responsibility will bo be yours not ours applause pence populist of colorado was the next speaker and nith his opening sentences he be attracted the close attention of the house and retained it to the end |