Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1867-12-09
committee to have charge of the subject; he

We, "a modify biz resolution 20 rs TO refer
The fuhisct h Is seleet committee oil nine.
Ny. kcss dii not see that that altered the
matter ut all; Ee denounced this as q covert
way az rcviying the committee without a
vote Of The House, by simply referring the
I subject 70 H. he committee on Recon
/ siruciion had stood in she way OF recon
s;fuciion, and had obstfucied the wise. sal
/ uiary and juiicious M 2sGres OF the fresi-
dent 10 give peace and harmony 10 The
country The time had come when the
voices OF the people lad been heard Oh
these yreat Questions an he called on their
repre- .ptatiyes 10 heed that warning vol 2.
The House had by lis vote 10 day c. 4
demBoa the action OF the Committee on !. ;.
| construction and given It's Endorsement %
| tha iudc0us measures If the President
Q.aughicr) He felt ike taking by The band
members III The othe. side Of the House; he
saw repentance in their faces, he was will
ing u take them on probation into the
great Union party OF the country. lie
moved 10 strike out that part OF the reeoiu-
ton
Mr.. Stevens said he had been very much
pleased Mt the eloquent remarks Of the gen
tleman from illinois; that gentleman was
| right in many OF his points. especially when
| he referred TO 1 at fragment which voted
| for vote.
Mr. Ross motion was rejected
Mr.. Butler offered additional reasons 10
retsr 10 the Committee on Appropriations
that part Of the Presidents message relating
to the purchase ot the Russian possessions
| in America.
| Mr.. Stevens thought that without special
aeirrence tie subject was with the Commit
Tee on Foreign Affairs He saw no reason
TO change.
| Butl,I's amendment was rejected, and
! other reasons laid aside To be reported to
The House.
Mr. Prior replied to the argument of Mr.
Butler. made last week against the payment
of the principal of 5:20's in gold. He un-
dsrtoGk to Prove by The taw itself that The
bonds are pay able IN coin, because by al
act OF July 25th, 1869, it WAS only the one
hundred millions authorized by that ac'
| which were made legal tenders.
Mr. Ross coniended that II these bond
holders were paid in the currency which
was th.n provided there could be no com
plant.
MIR. Ross did not want to issue too much
paper money, but thought 1t be no harn
ii the currency was watered little. H'
did not think 1t would he very judicious T.
|
however, have the currency OF nationa
bonds substituted by greentac
In reply to q question from Mr. Wash
burne. he said the bonds should be paid il
CURRENCY II that could be done under The
laws and without a violation of the honest
good faith of the country. daughter y
More currency was needed for the trade o.
the country.
Mr. Washburne. Of Ills. remarked thai
while ever, thing consumtdby the laborine
men increased in price 93 per cent. labor
ing mems wages Increased only 63 per cent
He was glad his colleague had declared him
self in iavor of watering the currency.
Mlr. Ross reported that since the policy o
the contraction of the currency had beei
established the wages of laboring nen La,
Increased and his colleague had favorc,
That policy. He would tell his colleague
that il he placed himself on the bond hol
der ; platform he would soon lind hmse
solitary and alone. lie had been originally
opposed To making greenbacks legal tender
but now he was r,loiced that II had becl
done rs il opened way for the people t
Get rid of the rational debt
The Commute rose and the House al
iourned.