The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-03

land for any vote OF her Representatives against
Tree banking. IL did not occur to him that they
had gwen a single vote against free banking SO
far as he understood the tone Of public feeling in
New England u was as much IN favor OF Tree bank
Ing as was the public $ ntiment or the West
south. Ali that New England desired was that
tree banking should be hedged in with safeguards,
"wid cat CURRENCY
Mr. MAYNARD, Wep.l OF Tenn, suggested that
the votes oil the New England members had been
with only one exception against making the Cur
rency bill special order.
Mr. DAWES ventured TO say that II Mr.. MAYNARD
brought In bill Tor Tree banking, properly
guarded, he would ind no objection to 1t on the
part OF New England
Nj. G. 4. HoAR, trep.) OF Mass, said there had
never been period since the organization OF the
government when the people OF New England did
not nod uolicies TO wnich the people OF the rest
OF the country did not subsequently adhere, and
he as sorry to hear tnat hls colleague mr. Dawes
apologlzed lor or ninched from any attitude which
New fngland had taken on this floor. Noise and
c0niusOn)
FAMILY ROW.
Mr.. DAWES with some manifestation OF feel
1ng)-l do not know what occasion my colleague
has to say that was apolo2izlng for tue attitude
fmen Gng s was gVng my des 81 e sem
question OF lree banking II have done 1t In
manner that looks like apologizing l DO
candid statement before the House OF what be-
heve to be the tone OF pubic sentiment in New
England. am not mere watching any OF my COL
leagues to see whether can dnd occasion to set
myself above them as standing up Tor the rights OF
New England better than they. daughter and
Mr.. WILsoN--It is very evident that these gen.
tlemen cannot tremendously settle the attiture OF
New England Tor themselves, and certainly do
not propose TO settle 1t for them.
Mr. HAwLEY, rep.l OF Conn. amid great noise
and conlus1onj-As representing one little section
OF New England, can tell you what my position is.
DO not care how much money there Is In the
country; the more the better II 1t is good money;
do not care how much capital there Is in
the country the more the better. 1t Is capital
they want In Indiana more than money, and it Is
because we have been IN Connecticut 200 years
and nave saved every dollar we have earned and
have put II in the savings banks that we happen 10
have money Let the gentleman report a bill that
Will withdraw legal tender notes and establish
Tree banking and l VIII vote for 1t. Only, for
heavens sake do NOT disgust the people any more
one dollar OF expansion will consent that you
take ali circulation rom my next door nelghbOrs.
II you cannot md relief In any other way provide
Tor more rec banking. speak for cause.
Mr. BUTLER, rep.) OF Mass. | think should be
allowed to say word here. Haughterl have
the advantage OF neither having to apologize Tor
New England nor for any vote have ever given
while representing her on this door. have given
votes ior the country, thank God and thought
was doing my duty TO New England when never
arrayed her or her interests against the interests
OF the whole country. am not willing TO hood
the country with this irredeemable paper money
issued by corporations, in order that they may
make money out OF 1T and withdraw tine money OF
the people, the greenback currency, which Is the only
basis on which all the bank paper is sustained. The
gentleman from Connecticut (Mr. Hawleyl Is quite
willing to have ree banking II he can have more
bank paper In New England IMAM elsewhere out OF
when bankers can make profits and have all the
ChauceS Vi grinding the poor man. be Is Wiling TO
nave tnat sort OF lrredeemabe paper which these
bankers can issue without price ana without tax in
order that they may supply 1t to other people ard
take toll on 1t as 1t goes along That Is the KNIT
OF rredeemaoe money tnat he is for. That kind
am against Let US take the ia,th Of the nation
all the property OF the nation and the wealth or
the nation, all the power OF the nation, all that
there is in he country, save the greenDacks. and
| put 1t all behind the greenbacks as pledge Tor
their redemption. That Is my policy. am done.
! daughter and coniusi0n.)
Mr.. WILSON resumed his remarks and ccntended
that the currency should be so adjusted that every
section OF the country would have equal facilities
for the transaction oil business. lie believed that
that result would be accomplished by Tree banking.
But II he could not yet Tree banking then he wound
vote for the next best proposition. That was to
take from the States that mad an excessive circu-
lation and distribute that excess among the States
| that had not their lair share.
Mr.. KELLEY (rep.) OF Pa, gave notice that at
the close OF the deoate he would offer his Three
Sixty-hye bill as substitute for the bill OF the
committee.
| The House then, at five O'Clock p NJ, took re-
cess till hall-past seven.
| The evening session was occupied with the dis.
cusslon OF the Currency blll.