Democratic Sentinel, Volume 16, Number 52, Rensselaer, Jasper County, 13 January 1893 — SENATOR ALLISON ON SILVER. [ARTICLE+ILLUSTRATION]
SENATOR ALLISON ON SILVER.
He Believes the Nations 'Will Beach an Agreement at Brussels. According to a Washington correspondent Senator Allison enters an emphatic denial of the intimation that
his intended resignation from the chairmanship of the United States international monetary conferrees Ind i o ated an abandonment of the conference or was, in fact, to be taken as an -indication that the commissioners o f our country believe the work of the conference '•will avail nothing.
"It is my intention to send in my resignation, not precipitately, but after awhile, before the time of reconvening the conference, simply because I think that the Democratic party is entitled to the chairmanship of our commission,” said Senator Allison to the correspondent, “While it is probably true that Mr. Cleveland does not hold views upen the silver question which are especially different from those of President Harrison, and while it is also true that the commissioners selected by President Harrison were named with regard to familiarity with the subject and not on political lines, it is due to Mr. Cleveland that the head of our commissioners should be a man in sympathy with him, politically and otherwise. I shall not go back to Brussels under any circumstances.” “Do you believe the repeal of the Sherman law requiring the monthly purchase of 4,500,000 ounces of bullion would help to precipitate action at the hands of the International conference?” “Yes, I believe it would actually precipitate final action, and probably such as we are trying to get. But I do not believe Congress will repeal the law.. The House would have to take the initiative. It is not likely that it would do so under present conditions, when a large majority is pledged to free silver, or what approximates free silver. Then a free-for-all discussion of the proposition to repeal the law might create an impression upon the mind of Euiope that would be to our advantage, in that it would show the division of the sentiment existing in this country. If we could take up the bill to repeal the Sherman law and push it through without debate tt would no doubt have the desired result. Europe would see that we were not inclined to bull the silver market. Now she is more or less indifferent, and yet I believe we will succeed in reaching an agreement. All European nations agree with us that something must be done upon the silver question. It cannot run along as at present. We will ultimately suffer from it.”
SENATOR ALLISON.
