, 1874-03-02

World. want tlo sontor TO co,fno hif,Helf to tint
case hoea,.so do not want tlo credit ot my
aor H. and go aby al 30 largcly connoctoI a. o is
lii Fl EinrenG;; gin,9;,,rv u,.
scff to that cnac, mud should desire nothing hot
out moment, send oycr several h.n,!rod tho.san,oi-
lara 10 DO Invested III mortgage secugios In tho United
stacs with nafety as To- tho vaae uf my capltal while
Th" goenan wats to rront iy to ratcs ' Of Inter-
havo tho
know whether wet, lilo dot ilfs no. lin u,,,n n,,m.
bcr Of paper dollars returned to lin wifi o worth III
gold nlac they wllcn ho nsado Tie loan or
m0rtgaHc.
Mr.. OASERON.,Tho tncroaso Of rcal cstato ts al
III ynue does not increaso tho amount or s mortgage.
n tho Senator knows, jlat na woll evory child In
to country knowa II. Manifestations Of applause In
RIG PRESIDING OFFICER {A1r. Ferry, Of Mioht-
Mr. sOiIURz-And, therefore, say 80 long a. tho
foreNn investor cannot DO snro TINT lie will laye
tur,'sd t. lin TIC sumo amn',nt Of capital ho will not
this !act It Is onoof tho results aprnglng FROM our
lr1eaecmao!q pacr money ia 40 and i cannot 10
tB.-- .--,'. ''' '' "' -
Mr: :oAMEloN-l 40 not tAtnk1 nm Rnswerod at
a put Rlull not 1nterforo for thu present with tho
Air. soi1uRz-1f tho scnator wanta to put another
aSsl9a Y G sa rs,y se3y re- reay 70 at I'VE IT,
has MT nrtsorst. Try question At all. Tue special
'noey Ii mortgages rea estatc. NY tint no ono
Grt a fates III ILLS country haa ever lost by
t1e Investment: i!a,,1,
peo a 40 10 'nt nk hnt hHvG 70
f,aG tnSs q .o eety q mortgages no g 10 t9
n 70 pvcs IN we1o o wo1th ,. GE ar "a lad
e,tny srty than mortgages On real estate IN tho Omitted
sttes iho QUESTION u tns whothor 1nan veat-
two Or eo sr osec Vii nt 10 y ths M s
pAes'"''oa " 'le suffc'icy
LOSE 20 Or 80 OFT 40 rER GENT.
Or tho va'o Of hia capital: whether lilo loar TINT he
dollar wtll}-oo roiurnca to him. That is tho qlcs-
ti1n. ,r;,ra,,
this question Docs he believe that any nun who iu-
vested s9oo 900 III 81. Lonia for three yeasa could
rave lost ny H. or haa lost by 1t, unhcr any circtm
stsgees? E,e so,,,,,v u,,
old t',''eer and yory successful onu iIo certainly
io onect WI 70 ats deprccation tlNt when le to.
uay can oy dollar In gold Tor $f.f IN currency, II
mo s'sasS ho S + ssis 81 %
currency for dollar In gold In other words, while
o tho crroey Il nay e VIII hon e0a
Gu cents aud, old and successful raucicr al the Son
ator fs no is too worldwHo not 10 unaorsaud that,
when I invest 80 cents and get only 90 cents lack
shalt bo loser by 20 cents. Manifestations Of n-
plauac in tho ga'erics.] - =
disorder ia to galleries, tlo CLair viii order tIom to
be cleared.
Mr.: cAMERoN.-alr. President, am too old and
tho subject Istarted upop. shall not contend in
words with him. 1Ie can beat me there thousand to
could not afford 10 ALLOW Ills foreign friends to coo
horo and Invest money upon mortgage. say he was
wrong III tlat he was dcprceiating the credit OF tho
.jaf+
adopted him and honorcl him,
Mr. sO1iUrz-Thcre arc other persons, fcar, who
those who want to continue ,nonoy sys.om Which
Introduces Into all transactions Of busncss the ele
nlout Of
money syatem Which by that deception iuIurcs not |
only tho foreigner who may invest his fun,lg here but
our own people; system OF trredcenablo paper
M0ney which Inns time aud aHAtn fallen unuer |
tho contempt Of civilized mankind. Thoae, I Hny, |
are deprcciating tho credit Of tho country who III
S very y s Of The century WITH Ill the
strive to maintain, to CONFIRM and to perponate dis
grace Ike tint. Itch tho Senator from Pennsylvania
can lnk 1f nothing th't would oe better calculated
credit Of lilo country III tue cycs Of tho world ila tnan az
Wo ak @ s 5en e SaSs Of %hy u +
rig . higher tban they haye done? Why s it they do
nSgp paGe' y; 10 ING fosneeiiso rates OF
interest wtn rue nsss o. European securities Simply
o. long as @ wo nase y M 1 ise systs 9l rrs
secrol son tSa by saa re n 0 or s ae
eno hatsonaa aeos may eti 10 pelu OF with doprc-
slateu HseehnacAss aht "hcn l say TINT, l KNOW
whereof speak iof heard It hundred tines tony
sane q anu @ TO taae o. my country. Know tlat
sar Il @ Wtog cnn u n ill., pht con.
lny auty w Gandlu a 70 to YOU that such
y , sMsPcion eaaate. l naVe now indicated now tho
my couurS CAL oo Iaised anu now It IL de-
prSe.atea; Syn y Ga,,roo,, =, .,,s ,.,..o,,
rrYt,' yrnrn ~ wv ,stis,atn, ~ .. rn+ ae, ~ - -
ti1n ouht nf mr. creijt nr o,,r n,cs, ~ M 4 t ~
ca,,so nf t,,at ,nt,,rai fao, ~ t 1., @ .i ~ - ut
frst thosr sccrittoa hat ~ , ,rf f t , LIN
~ ror - iii iiai i ~ ~ n =, ~;
own nr for tcsa inarcst h", a ii, ~ ~ ,u, r IN s
mia ~ frn, IN, ~ tIo a ~ it ~' ~ ~ ~ ooE
Francn ieni their a,, a. ~ o 90 ~
uuntl innI il Mt homc Ak r. ~ ~ ta snrnImu ,h
fhav rnnnnf nveat sccnraiv t1,t tnn. snn @ r, "'l -
.Sa r. o nmta w n, a ua. apy nenu nS,e
yerv casv to m"ir tbc ,ntnreat aran M III
H. e1sy H;y1,tIrm% IT o ~ tr ~ !s ~ oi
"A' ooo 'npto "e eoI'o ~ IT, Aet "a
.,,,t Ia aAnE a IT all rAfAbLE IN GOLD;
H. - GaWEmnM w. ~ nue.
aor aha he Is, 1hat ho astrsta the integrity o. tho
MitssH .,t peoli uoievo that the people o. tho
~ ~ autea ara 94at as Aonest as any other people
~ tno Mot. MGu AuoW .nat lucy 4avo pa!u tneir
ueu.s as Anuss34S ~ any otner people III tAe ~orla
wv Hatu Hgn,9tnn tnG.ls' w.t., IT,. 49,. ,.., |
6C1 uRA-Hhefl thu senator from lcnlgYlVA-