The Rhode-Island Republican. [volume] (Newport, R.I.) 1809-1841, 1838-07-11
NEWPORT.
WEDNESDAY, JULY III, 1888.

The Sun Treasury BILL.-The final
question on the passage of this Bill in the
House was taken on Monday, 25th ult., aud
resulted in its rejection by vote of Ill yeas
to 125 nays. The result is what was gen.
orally expected by the friends of the bill in
Congress. A writer in Washington states
that even the Federalsts themselves were
certain that they could defeat the bill, and
that their pretended fears we're to alarm
their party, and keep them at their posts.
The able speech and astounding disclo.
sures made by Mr.. Allen of Ohio, in the
Senate, were enough to force conviction
upon any mind that there was great dam
ger of the bill being defeated. Mr.. Allen
in his speech sustains the following undeni-
able facts:
In the year 1880 the United States Bank
loaned to SO members of Congress $l92,
600.
In 1881, to SO members 1922 900
In 1882, the crisis for the recharter,
members of Congress borrowed Of the
bank S47S,76O
In the four years, during the struggle Of
the bank for recharter, it loaned to 265
members of Congress TIE ENORMOUS SUM
OF $I.647, 0sI!!
No wonder that Congress sustained the
bank at that time--und no wonder that
members of Congress can be found corrupt
enough to vote for their own interests iD
opposition to those of the people The
question at once arises-how much do the
l25 members who voted against the bill
owe BiddIe's and the state banksl Could
this question be answered, no doubt il
would he found twice the sum ever before
distributed to public men. Said BckneIl's
Reporter, q Philadelphia federal paper
"A national bank will be established in
spite of all ppostion-MoNEY CAN AND WILL
ne USED TO OBTAIN VOTES. Uss THE MONEY
BAGS" Can this be truel Shall we have
this bano to democratic principles forced
upon us, not by the strength Of reason and
argument, and the free suffrage of the peo-
ple-but by the power of the MONEY BAGS 2
We cannot believe that such is TO be the
final result Of the great struggle-but it
must not be disguised that there is danger
imminent danger. Now is the time for
every freeman to make up his mind for the
coming contest.-Whether we shall have
the faugs of the money-hyjra fastened up
on us, or whether we shall be ruled by
government Of our own free choice that
plain and simple government recommended
! by ANDREW JACKSON" Dome JUSTICE TO
ALL, AND GRANTING FAyoRs TO NONE.
The rejection of this bill now brings the
test directly before the pcople-Indepen-
den, Treasury or National Bank. The
former, it is we'll known, has been in prac-
teal operation ever since the suspension
Of specie payments BY the banks. Will
business revive under III Has i: not al.
ready revived II is useless to demon
strate a fact so palpable. Every days
Ie'ehs cihS o"uhiou"i PiVo' hat ousiuers
is reviving, and banks resuming in every
part Of the Union-and that too under the
practical operation of the bill which has
just been rejected.-Yet its defeat brings no
discouragement to the friends Of the coun-
Try. The bill will ye, pass md become
the law Of the land, if the people will be
true TO themselves. Time will test its use
fulness, and make it apparent to all and
oil that is necessary to secure to the nation
the permanent benefit Of thus grea, measure,
is that such men be elected to our national
councils as will consult, no, their own
pockets. but the general welfare Of the
whole people.