Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1838-09-20

derstood mo otherwise. regret it, as an
unpleasant difficulty grew out OF this mis-
conception.
| have deemed it my dntyt TO make this
tuli statement, as il has been sednluusly re-
ported that had retracted what | said on
that occasion. have rctractcd no siugie
fact that ] stated; aud may add, tha, in
all that | have said and written on this and
every other political question. am not con
scious ofany single mistake Of an impor-
tant fact. | might have gone farther, and
stated what supposed almost every man in
the United States knew. that Col Benton
was the author, the first 10 Suggest this
has hr been called "humhug Bent0n."-
III; rd money Benron!" Why are gold
coins called "Benton drops?" If Gen.
Gordon is The true father of the policy, they
| should have been called Gordon Drops
Bu' to the proof In 81 speech made in the
Senate on the 21st March. 1884, the follow
ing passages occur. with fifty others like
| them: Col, Benton said, ''ln the first place
he was one of those who believed that The
Government of the u. States was intended
10 be harlmcncy oovernmcnt-that il
was the Intention and the declaration of the
Constitution of The United States, thn, the
Federal currency should consist of gold
anu silver, and that there is no Iower in
Congress to issue, or to authorize any com
pahy Oh individuals To issue, any species ol
fedcrai paper currency whatever 1.-The
authority gwen to Congress- to coin money,
Is an authority to stamp metallic money,
anu not an authority for issuing slips of
paper, containing promises to pay money"
l'retty strong, think, against Treasury
Notes.
Again, lie says, "Gold and silver is the
only thing recognized as M, ncy." "lt is
the money. and the only money OF the Con
slitu;ion. Livery historic rccolectinn as
well as every phrase IN tic Constitution, and
every early statute on the suhcct. confirms
Inc ldea.' ''FheN (hc trainers of the Con-
s'ilutIon) determined 10 have no more fed
eral paper money. They created n hard
money S"vernmrnt-rlrcy intended the new
government To recognize nothing for money
but gold and silver" These passages are
taken from IA very long and able speech,
the mann object Of which is to prove the
uncunS'i'ulionIliy anil exredicncy of re-
+ 'ceHing III The dues of the government an, !,
TIN s but gold and silver.
his was on the 2lsi March, 1884 Gen.
Hordon'S Bill was introduced The IDth Feb
ru'ry 1863, MIR. Coudy Ragurr brou.h
ms proposition To " asiin.ton, ii, the fol-
lowing extract oi a letter from him to MIR.
f'est"n. shows. in May. 1884:
'Drur Sir:-iuur favor of the 7th of
June Is at baud. In reference to the mai
'cI alluded 10, therein, and rs far as my re-
COLLECTION serves me. did not write To Won
or MIR. Calhoun, but communicated with
you verballyin May, 1854. Having failed
70 receive The favorable views of either of
y"n' brought tho plan to the, lew of MIR.
LEWIS, ana several other members of the
hlouse oi Representatives, from The South,
WIN no better success, until found Gen.
Gordon, who gave ii Il favorable recept ion.
~ VIII not now, trust, be denied that Col.
Denton was the first 10 advocate. in a
speech IN Congress or to propose as spe-
Spa he sseisf feaSyf @ faee ea
ture' without which MIR. Calhoun SAYS thar
measure Is Il mockery. II NOT the author
"i The project OF Divorce, he is tho author
"i tlat which is res Sareled as its great aud
important feature. 1t is none the worse tor
lis origin, II II Is gond thii <. lfit is han
"s "iseand benchcent Il measure as it is
no" thought To be, Benton deserves "A stat
'"e oi gold, for having had the genius to
'"SSest ANA the moral courage to adhere 10
H. III despite "f more "pprohium and ri,Ii.
'"'c '''ah amy other one mcrasurc ever has
:. ,civcd.'.
hr. Calhoun. at the Barbecue, argued
against The Pet Bank systems. as my favor
lie. was surprised at This, as the amend
mHn' to The Eill which proposed in Con-
2ress, expressly orbids the use of the mo
"cy ny the hanks, aud in ever, speech
winch have madc i'll Congress or since |
came home, have rcpro!,ated that system,
- the very worst possible: aud in The very
speech To which Alr. Calhoun was rrpIyinn.
s'ah repeated the same thing. refused,
as Mr. Rlves knows, 1T the last session. 10
so tor his general deposite Bill. or any oili-
er winch shonld give the use of the puLlc
funds to The Banks. Mr.. Calhoun also said
mat the reason of issuing Treasury Notes
was. mat the Government had money on
dcP"sl,e win the Banks which it could MOI
gel. showed that, ht the period of issuing
ne last ten millions, the government had
only two millions in The Banks. and had
drawn warrants for large portion of that.
How thea can il be said tha, the Treasury
Noies were ISSUED because we had money
IN The Banks which they would not pay?-
nave ielt II duty l." myself and 10 the
people, to make these remarks, as lam in
torncd that il has been industrously pro-
pagatrd, that had retraclcd statements of
facts which had made.
w. THOMPSON JR.