The Democratic press. [volume] (Ravenna, O. [Ohio]) 1868-1901, 1870-07-07
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House of Representa- June
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ouNER. ,iNInRGKks WMp. Speaker, in
this Hoase to-day and
Eseeing othsJ qnimbsr sof avs3cant0ssats,
from the eEimeE that 1thsi discussion be-
gan s1pon sti1isR INF ortant subj jectt to
| tho present momentJ stheR eonclusioh
f0rcediup0na1y imiu6 that in
thejudgment of this, House the bill
reported by my colleaga1eynf Mfi GAR
field, ]Sthei learned Il Chairman 3of5 the
COMMITTED ON Banking and CurFen-
jcygis d dead=botn. .q Did Ii not know the
sincerity of my honorable friend, the
lGiaiEmafiiof the Committeey i should
have supposed that thebbilf had been
ingeniohsfy framedssooas necessarily
to secufelits defeat; for had that been
the study offthe honorable gentleman
he conldlnot better0 have attained the
desired end.-7i-lTo yHiyTj Ht ytIRq =
GiThe1unitedl opposition of. the East
ern States has been secured by taking
away from theiri liionop oliste millions
on millions of ciiculationss tor which
they are mot entitled; arid the almost
united opposition iof fitheo West and
South 9areinsiuied) )bYi YicontractiIgo the
currency tolthe extentao6 9,000, ,000, ,yal-
though the committeeswa instructed
by resefH+ieneef this House to re-
lpDlt Sa-bifl banding the currency
$50 QQ0, ,0Q0.anI do net intend to deYote
many words to the, consideration of
this Bill, from the fact that / believe it
to be practically dead, and that there
will be but9few mournefs' atIits tomb,
notwithstanding the vlearned,aand in
genious argument, of my colleague
Mr.. Garfield to which I listened
With great interest. 'sho SiiAs' ioH :
proceeding, ,5h6 6wever, to con-
Observation-Disclosures under debate. I
wish I q cali, the attention OF, ting Heuse
to the condition of the, currency OF, the
country at this tiiie, and, its distribuI
ton aiflonS tile States! yTlie six New
siS States.s with ia population
about equal itoI that Of. lPennsyiyaniay
have, SlO4, sos, ,SS9 OF, currenoy,F while
Pennsylvania has only ,s3S, ,0Ug, 900, but
pays "a larger internal "revenue tag
than alINew England States togeth-
er. The twelFesWestern States, West
Ohio, 10 maiaua,i zHlinois,
Michigan, iWiseonsih, Iowa, NJ Minheso-
ia, Kansas, Missouri, Kentpeky, and
Tennessee, have only $50, ,663, ,967. -
Titus the New England States have
anhexcesp of bank circulation over
thoseeStatesi ofJinearlNEfe fertysfOurs inilEt
lion dollars. The releYyen7 States of
Louisiana, Mississippi; Florida, Geor-
gia, North 'Carolina,S South Caroiina
Yexas, Virginia, and AfassaL
chasetts haYeltS63, 1861 ofswhfch
amount MESS; Massac4asStts as ihas over hity-
se1gm nlliGa Lhi5a 6S;a hs,
}, fa1S N8 SdiH aians " ILL H gtaao anu
aI!;l4l nsili iS} fni Sfpi1s5} a eiar Es
e9soses5s, ny Sao S,oo MasaaGnqsetts 9as mas nearly
2oa,oo0,1oo tiore ., pans currency currency
sann ean An Ja;apon 5oiIona pays neri
rsyspas tax s than 95l[ [M9psssaq6usst Jill
n91s has Wi5hlh slaail irasen Two
mliHons t more t s mnaoatants 1dfsz tnaa Gon- COZ
nee neGtlcuI, oue GonnectlcuI has t'gVU!-
oUo more p,slins curTency an5yon Inan nan 4iI-
lols, 9SC i.nnois pays ,.Io' evV,oeV!!iur
eax Ienan oohneet,eut;
~ tssoAEl haS SI s9oq1 islAlkIMes thg POP
ftiaad ita - - fsa staa ~ nhoue
oallk currency naa 5ioIlssotri' aanaa' yetMls,
soI soaa tssn ge pSn5s 4a,nl9 L9po la9iiiai 4n5;l
saHss lIhsa :BbesSg isiaauIi = ihaiena
lias one lililil9n any G quaiIet more
Popula.ioh lnan Gonncc.iGut' Dus
GnheSf!lcqf mas lieariy SiA mllllon ana
d HI C.tes tii9I p9tiA ~ 4i1an
u et thtilulaia htuaa by ItSt,ooe2,pVu
nofe intetHfa fSSstGstsaA IHaA LGonT'
lSStcSt; n!st u fssai ~ usstss ilas In1rIy-
gs35, slSns S Si,Sasa So5anfftleu ty-tMe
dSit5tss dSii fd ar' os1R Hp1 49,, S4sta5 stt
Will Gaisi4Aa 3iS kaS aas dollar Gsori:
gla, ogae n9ila. lasaHa q! tWelnllIyI1ou ur
6e Seadi % Ibd Rst Is cStton SeAss WbEe gB
Is to reessttoir1e Tie balance Of trade in
our a. fayer, y5er 12'l@ 49, .s,l' l,oig 2 .
IS. s Why ISL, .A[r. Speaker, that 50 large
ri pfnafa 5hf seats in this House
si dsbstg fhffs Is aat sfyis sis
Of trade throan moi nS5RoSnnE ~ SnEEflh fhe; Western and,
Souuthern Sfatas. and ~ CIV ~ for. roller
comes aomeesstou Is Us ST from every quarter Of the
eountry.GeBnt ~resardiess of the prosyt
tration OF business Serene in the
E.nowlgdge I. that baiik,er aid bondhoId.
erVare sfatfehilg OH the iilfsf0Ftuiies of
;the ,RenresnntatfgeS afdthe
seaE maaeaasts sSa asnS1s SdeF q aa svts T. ths
Ssft1 Nyffr'rStA