Dallas herald. [volume] (Dallas, Tex.) 1849-1873, 1870-08-13


anl usuT'ei paReT has TakFl il all iogfih-
sT ssl le5ksi iI ~ iH The vaults II i-asirEs
capitalists. lsNFT over the ruuehrg ~
lsuEs "a the siaisi nay, eEsa 10 The iniiEii
ual, fsr a hank neie y hui a pT0mise d
rsy on demand, aud Il didsH ia no esseh
iialtrsTeri irala pFonissoIg neie GA iiae,
anl il iie issuance of the later lies shoiy
Niilin the Prasines Of the drawer -, II
seems 10 lns, shsull that u the farmer,-
,iai congFess has usuTpel this psSer a,ai
noihing remains Tor us bat either 10 paili'
ATE lis evil consequences o. seek 10 restore
il 10 iis rigLlful channel
EHE erEREScF BILL,
For the reasons here given, the currency
bill rhish passed the House Of Representa-,
lives dii mol obtain nay support While
With one hand il insFss.ei the currency
By the gross sum of "a millions, which, con
silsTihg the requisite dsnand for reserve,
Nas equal 10 the net sum Of o. millions il,
with the other, iiminisLel il by providing
for The retirement Of an equal Sum OF three
PsT cent, eel liheaies NOW peTmliiei by laW
10 hs used, aud actually in use, as hank re-
serve. Hence Il not 0n ~ 0millei 10 pro-
vide for a gradual increase Of the currency
10 keep pace with population aud Industry,
but provided for no Increase Ht all. In
view Of the sohsiant ihettass dfhoPnlatlon
aud business, this amounted 10 virtual con-
traction, aud the tendency 0f the act Is, rs
am Informed, so construed by the eommer-
eial community, In regard 10 the redis'
irritation feature, have no faith IN iis'ei.
heaey. Tie - millions, which Il will cont
a. . Nual af2aE tia at .
year 10 eighteen months, (for under the
provisions of the act this Il the lime that
must elapse before gho redistribution can
be practically carried into eiieei,) will
sooner or later all hnd lis way TO New York
aud the other money centres at the .as,'-
Finally, III that feature OF the act which
provides FOR an illimitable extension Of the
national bank system on the basis Of Gov
tfnmcnt bonds aud gold redempli-nsi aud
20 per cent. sprelr reserve, lind !,s most
Objectionable feature. Its effect Is 10 rem
der permanent the national bank system,
aud TO eniiee the oolnlry intr premature
resumption OF specie paymrhta by holding
out the inducement OF n subsequent cxpan-
sion, limited in ext nt only by the nrcrh,
Of the combined Issues OF Federal Indebted
ness. This Is piling rclion on ossn--a
mountain Bf bankruptcy upon bhsc ui
deut.
runhic ENrESDiICREs.
As regards the administration of the
Treasury, II having come TO my knowledge
that the accounts Of receipts and cxpcndi-
lures had not been published since 1866, |
have made il point TO call upon the de-
partmenI, through resolution of the
House Of Representatives, 10 furnish them
When state that, when published, they
will for the first time show how the colos-
sal sum of sixteen hundred million dollars
four years Federal revenues has Been
expended, TO whom it has been paid, aud
for what purposes, you will readily COM
prchend the Significance of Withholding
these accounts from the country.
STATE CATTLE LAW.
have nlso endcavored, on your part, ID
prot,ire the passage Of u general aet 10
supcrccde those unreasonable aiid annoy
ing State cattle laws which have, thus far,
operated to prevent or cmbarrass the cx-
portation and sale of Texas cattle. In this
cndcavor am glad TO say, VIC arc endorsed
by the National Board OF Trade, WHICH sup.
ported my action by resolution Of en-
couragement and approval.
AMNESTY BILL.
A universal amnesty bill has also obtain
ed my constant and earnest support. This
measure is second to none in Importance
to our peUble, and We Should not feel salts
fed until il is passed.
INDIAN DEPREDATIONs.
In endeavoring TO procure the appc!tt-
ment of q commission to examine Into aud
report upon The subject of thrse Indian dep
relations upon the frontier from which tho
people of this State hafe Suffered SO much,
have deemed my action consonant with
your wishes. Although the fact that In
dian outrages are almost daily committed
upon our frontier is well known 10 tho peo-
pie Of Texas, yet it is not easy to commu-
nicnte this belief to Congress, or when
cthlfititilcatel, to carry into execution
measures designed to avoid Or rcprcss the
oulragcs. The army is unfortunately
deemed TO be better employed in mcddling
with civil affairs than in cyerawiDg or re-
pclling the savage. Troops quarlered in
our large towns are more useful in carry
ing out the purposes Of party tyranny and
intrigue than II cnmpcd out upon the plains
The officers of the army, instead of being
permitted to win glory and renown in de,
ftnding our outposts; are used as the blind
tuuls 6f cruel party despoiism, and ein-
ployed, instead, in the iguoble practice oil
party intrigue or in emulating tie Spanish
inquisition in their management of mill
tary commissions to try the unoiiendns
citizens of peaceful communities.
SENATOR HAMILToN's cALUMNIEs.
Beside these matters, have deemed it
my duty to defend the people of Texas from
the calumnies which Senator MJrgan Ham
iton has seen ft to cast upon them. This
attack was not only unfounded and uncall-
cd for but in view of MIR. Hamilton past
history, and in view Of the vast debt of
gratitude he owes to the people of this State,
both for his political aud social advance;
ment, it was ungrateful ana calumnious.-
MIR. Hamilton, in his place in the United
States Senate, charged that 10000 ffiuruers
of loyal men had been committed in Texas
since the close of the wat; that these muir
ders were the acts of ku Klux KlaDs-of
men in masks, who arose mysteriously
from the midst Of civilized community,
and while yet wet with the blood Of their
victims, were as mystetictsly swallowed
ut again and absorbed in its friendly and
sheliering arms, to be forever lost to de-
lection and the claims Of avenging justice:
and that rs for the military su.trniieht,
against whose unlawful and CRUEL rule our
complaining though distant voice is ever
heard, they were not severe and cruel
enough, but on the cohtray, as the gentle
man charged, they triickled to what he
termed the rebel government Of the State,
and left 10 the latter "full scope and action
in all matters, civil and criminal, except
in legislation"
To these charges made full and spe-
eihc reply, exposing their exaggerated ma
tire, their lack Of truth, and their vindic-
tivenesss The frigbtful visions invoked
by Sir. Morgan are, as We we'll know,
nothing but the creatures of wild End
disordered ina agination. They do not exist
in fact. Did they not iuferehtidlly impli-
cate and, indeed, directly charge the pee.
pie Of this State with the commission OF
murder and other lswless acts, and in this
war suggest and invite the eOniinuanet OF
military rule for its repression, bad Been
eotItent with ascribinr them either TO spleen