Chapter 101

REPEAL OF PART OF THE "SHERMAN ACT" OF 1890. Congress Convened in Extraordinary Session on August 7, 1893--The President's Apprehension Concerning the Financial Situation--Message from the Executive Shows an Alarming Condition of the National Finances--Attributed to the Purchase and Coinage of Silver--Letter to Joseph H. Walker, a Member of the Conference Committee on the "Sherman Act"--A Bill I Have Never Regretted--Brief History of the Passage of the Law of 1893--My Speech in the Senate Well Received --Attacked by the "Silver Senators"--General Debate on the Financial Legislation of the United States--Views of the "Washington Post" on My Speech of October 17--Repeal Accomplished by the Republicans Supporting a Democratic Administration--The Law as Enacted--Those Who Uphold the Free Coinage of Silver--Awkward Position of the Democratic Members--My Efforts in Behalf of McKinley in Ohio--His Election by 81,000 Plurality--Causes of Republican Victories Throughout the Country.