Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1838-01-13

ure introduced here is at once to receive the mark
OF appreciation or disapprobation, this that
party may think II may initiate for against it,
regardless Of the merits of the proposition? tie,
(Nlr- 81 had heard with surpr.s,, nay, with aston
ishment, the remarks Of the Senator from Missou-
ri, MIR. Benton.) That Senator had created his
man of straw, had Civ en- life and animation to this
object Of his a,ion, called by him 'shin-plas-
ter" party. merely that he might, by arguments
that no one denied, prove that he unworthy
of the public confidence. That Senator not only
attributes this state Of the currency TO party
he is pleased to call "shin-Piastcr" party, but
says that the party thus created by himself, is in
terested in, nav, resolved TO continue the shin
plaster syStem.'' Who compose this shin iIs-
ter" party. the Senator has told US; the pre-
sumption, however, is, that he does not mean him.
self or political friends; then he mist aude to
the Opposition.
He, MIR. } was not aware, nor did he believe
The fact to exist, that there was anv party in this
nation favorable to shin-plaster" system, it
Is understood here. No, sir, il is system, if
system 1t can be called, openly denounced by all
parties. For himself, (said Mr. s. he wished it !
20 be distinctly understood that the remarks of ,
that Senator could not apply to him 50 far from
being favorable to 'shin -plasters,'' TO corpora
ton and individual rags for money, his objection
to the notes Of the State Incorporated banks had
always been that even a;ey TOO local in their
character to answer the purposes of a general
and extended circulating medium. lie had, ever
and still insisted on, sound mixed currency; spe-
Gle and local bank paper, redeemable at the will
OF the holder IN specie, as a local medium; and
a national paper currency, redeemable on COM
mand and vertbe into specie at the will OF the
holder, of ersal credit and circulation, equal
" current from Maine to Georgia. from the Allan
tic to the Pacific, national or general mcdi-
um Of circulation. Sir, (said Mr.. S } the charge.
as he had heretofore understood it, was that the
party to which he belonged favored great mo-
hiatc all the local issues. Now, it seems the
charge is to be, that it is not ''rational bank
party" but a ''shnplastcr party" Sir, (said Mr..
81 his first impression of this matter was, that
these ''shn-plasters' were mere excrescence, a
fungus growing out of vitious state of the cur
: rency; and he still believed that, whenever the
banks shall resume specie payments, public opin-
ion will greatly lessen the evil; yet the facts ad
mitted by all, that the cause docs &c. pr
dee me same effect at other places. was very
. conclusive to his mind that these small notes
were issued more for private gain than for the
comodation of the Public. He could not, there
fofe, Come 20 the conclusion that tho Senator
from Kentucky, Mr. Clay did, that the suppress
sion of these bills before there was surrounding
> resumption of specie payments by the banks
would operate oppressivelv 10 the poor, the mar
ket people, and others transactine the small con
= Germs of the city. He, (Mr. 81 was of the opin
ion that the result would prove otherwise, anc
!. that those were the very persons most likely t;
be benefited by the suppression of these bills
: because thew the most likely to be imposed up
= on by them. Under the impression tina, III,
. measure will prove salutary one, that it will ri
: the District of this yitous circulating medium
. that the vacuum will be filled by specie small
" change, much to the public credit, and beneficial
! to the people here, he should support the mcaSur
u if the amendment should be adopted, without, a
this time inquiring into the QUESTION how the
=. Of policy heretofore pursued had contributed I
- produce this state of things, or what party did Q
;" did not support the bill.
- Correspondence Of the Baltimore Chronicle.
~ WASHINGTON, Dec. %, 1887.
b. Mn. Moves AND HIS TREASURY NoTEs-MExIct
to PEACE ADAMS g. HowARD.---MR. CALHOUN
IS In the House. as soon as the Journal was rea,
n Mr. Briggs, Of Massachusetts rose, and offered
or resolution to authorize the committee of Accom-
a. to inquire into the expediency of rcimbursiu
al, Mr. Moves of Maine for the loss of certain Urea
he ury notes, to the amount of $3.50, which was To-
eli in the following manner. Mr.. Noyes received
les package of money from the Sergeant al rn
wv consisting Of roll Of gold and three TreasuI
Did notes, in a paper Envelope. Thinking it pac
INT age of gold only, he tore off the paper and burn
he it, several members standing by at the time. A
rn- forwards Mr. Noyes discovered that he shou
tu- have received more than he had done, and tn
nd ascerta,ned the occurrence of the accident. IT
IT resolution Of Mr.. Briggs was adopted.
urf About two hours was then occupied in I
Tvs presentation Of reports from COMMITTEES. and the
were a great many bills read twice and refer,
Nr. appropriately. After which, the next busine
one in order the reference of a memorial p
his scented by Mr.. Adams Monday week, from t
Ugh New York Peace Society, and other individu
to friendly to the peace cause. praying Congre
to to accede to the proposition Of the Mexican C.
bill gress.
de- This proposition was couched IN the foowI
his terms contained in decree of that Congress,
dis ted May 20, 1887, viz:
the The Gov ernment Is hereby authorized to CT
Mr. promise the claims which the Government Of
tied United States instituted, may hereafter In
APP tute; and these in which they cannot agree, n
sup be submitted to the decision Of friendly Pow
8 OF the United States Of America agreeing there
an The motions Immediately before the Ho
avs were, LIST To refer this memorialto the commit
. Sc on Foreign Affairs, and 3D. to refer 1t to sci
silly committee with instructions to report there
II The first motion first in order, and was mo
'een BY Mr. Howard, chairman Of the committee
alter foreign affairs. The second motion was sub,
null ted BY Mr.. Adams and was much discussed
" in amended, former days, until it had attai
the the present form: viz to refer the mortal
1 by select committee, with instructions to re-
aths thereon.