New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1868-07-21
MR.. STEVENS FOR REPUDIATI0M
In the course of the debate in the House on
the Funding bill on Friday last, the following


the Funding bill on Friday last, the following
developments occurred
Mr.. STEVENS OF Pa understood the gentleman from
Illinois (Nr Rossl who first spoke upon thls subject TO
say that e understood that our tsandng bonds should
bo paid according TO the principle 0t the New1Ork pat
| form. What is that patfOrm2
1 Mr. Ross OF n-fo pay the fve-twontes in lawful
! Mr. STEyRNs-You mean by "lawful money
Mr. Ross-Greenbacks that is your doctrine and mine.
MI STEVENS hold TO tho Chicago PLATFORM and, as
understand ii. TO the kewlork platform, upon thes
bonds that these bonds shall be paid just according to
Mr. PIX OF Mo.-According to the spirit and letter Of
/ the contract.
/ Mr.. sTEyESs-What was that law : That bonds OF q
certain amount should bear i've per cent interest IN ~
Now up the time that they fall due, must pay them
faithfully. After they fall due, they are payable al
money just as the gentleman understands money lust
passed the law authorizing that loan just as It was
dozen times explained upon me moor by inc chairman OF
the Committee OF Ways ana Means when called upon ~
gentlemen 10 explain what II meant just as the whole
want to add that il this loan was be paid according
to tho intimatiOn OF the gentleman from Illinois lr
for paying In coin that which IL payable IN money mus
enhancing II one halfi 1 Knew thefe was sucl q
platform and such determination this day on the part Of
any party c0Hd roie Jor me other sue FRANK bar ana
all would vote for 40 such swinde upon the taXay
OF the country would vote for no such speculation
IN favor OF The large bondhodcrs, the milonares' who
took advantage of our folly In granting them coin pay
t-but II even Frank Blair stood upon tho platform pay
lug the bonds according 10 the contract and the Repub
spectators twice the amount which agreed to pay
them, then would vote Tor Frank Blair even Il worse
Seymour headed the ticket. That Is all want
Mr. Ross-T1e Democratic doors are still open, and zoe
/ trH take The gentleman IN.
Comments By the Tribune.
That those who hated the War and deplore
| its issue should seek 10 swnde those who lent
/ the money which insured its success, is deplo-
rable, but not unnatural. That Mr.. Stevens
should be found in their company is dcplorable
and rery unnatural. He, of all men, ought to
be found on the side of honesty and good
| faith for he drafted and engineered the bills
which dragged us into the slough whence he
seems determined that we shall never be ex-
treated. If he should succeed in his present
effort no swindlcr that the world has known ever
perpetrated q fraud 50 gigantic as that he
meditates
Mr. Stevens is very old man, and forgcts
many things. But this will not excuse his de-
! iiance of his own recorded utterances In COM
mending to tho House and the country the
Legal Tender act, Mr.. Stevens said:
"a dollar in misers safe. unproductye, IS sore dis
loans al sir er oef-redccHa5le IN GOLD in 20 years
the best aud most valuable permanent Investment that
we might quote more to the same effect;
words showing Enthusiastically that he under
stood the contract just as we did and do He
reported and urged that the Grcenbacks should
be made fundabe in the Five-Twenties; and
these Five-Twenties, he asserted, were ere
deemable IN gold in twenty years" That is
all that need be said. We quote Stevens to
prove Stevens fit ally for the Pendletons,
Roses and Blairs, whom he threatens to JOIN,
unless the Republican party can be made the
accomplish of the gigantic crime he meditates.
That, we can assure him. will never be. If he
wishes to swindle efficiently let him join the
party to which swindling is natural-that
which will crafty by reputation its partisan ma
Lightly as well as its innate rascality. Mr.. Ross
cautiously opens the doors of the Democratic
church for his reception. He says he will enter
if the Republicans will not help him defraud
the National creditors. That, we tell him, they
will never do. Let him, therefore,
"stay not on the order OF his going,
But at once