The daily Argus. (Rock Island, Ill.) 1873-1877, 1874-02-12
Ghe 99ailg Arg.ss.
Independent IN Eoerythtmg.
Concluded from second mace !

NCOncIuueu from second page.
sylvania Mr.. Kelley or my colleague [Mr.
Mellishl can answer
Suppose that,in the event of the success
of the bill of the honorable gentleman
from Pennsylvania Mr. Kelley1 there was
at once established an incontroyertibility
between the three sixty-fyes which he pro
poses and the national bank and green
back currency, great laughter, and in the
processes of contraction the fvetwenties
would fall to par and the greenback retire
| for the national bank notes, in consequence
of the extraordinary resumption of our ir-
redeemable debt last September bv the
Treasury. at five dollars apiece in silver
quarters and the imports should at once
fall off several millions, while thus recipro-
cally affecting the export Of peanuts from
North Carolina, the hog trade of Indiana,
the hoop pole trade of Ohio, and indirectly,
the clam trade of Cape Cod; and to such
an appreciate extent that the German
bankers, being in correspondence with the
bulls of New York, should, by a sudden
panic, create a demand for the Saginaw
lcopper dollar notes of Ishpemine, Michi-
gan, quoted the other day, by the gentle
man from Pennsylvania, and thence would
eusue a rush of bears who had possessed
themselves of their own currency and in
vested it in the three slxty-fyes ; and the
currency would then swell, and then
shrink, and thus produce an elias
ITCHY that would move til,
crops, and induce such speculation that il
one of the swells we should burst and in on
of its shrinks we should collapse, would i
so affect the Ashantee war and the expens
es of Great Britain as to demoralize tn
Saginaw Mining Company, destroy the de
structiye influences of the Leoldopter
moth, and thus stop an appropriation fo
the centennial Of American Independence
Great laughter.
All these things should be considered
We expect that when man like my co
leauge Mr. Wheeler addresses an int
7 ligent House like this he should know a
about these things He is eminent, an
exposed to the reproaches of politics.
ID ale should be able especially to tell
nd where all these uniforms and clothes ar
eel and why it takes SO much money to tai
"a care of them. He should run for govern
nj of New York on the moth issue.
re- Mr.. Wheeler-Here they are lholdir
90, out pamphlet. The gentleman can tai
this home with him, and have his measu
taken for one Laughter
Mr.. Cox-If my friend Will only print
in the Record, it will satisfy the Peep
"A. Say what and laugh as we will, it lis t
inc truth, that there is clothing enough
hand now to save one-third of all the !
J, serve that has beeen Illegally issued frC
t a the Treasury; and we appropriate hi
ate dreds of thousands, to save it from moth
S set God help the government from moths
me, Mr. Wheeler-T can take my friend
vas -, ,;,,4oc ., j., cbo,, ,,-boro L 20 nov, crot 4
,rn- t0u hluoo0o w q SNIP "AANiS hH S"u 6N0
ity, best suit In the lot. Laughter.
cid, Mr. Field-Mr. Chairman, insist VI
u at. my point of order. [Great laughter
pest Mr. Cox-Well; will sit down. lLaut
'n AZ ter.
The question was upon the amendm
tier moved by Mr. Wheeler, to strike out
lg al. words heretofore adopted and now in US
an 1 The amendment was agreed to, and
p reg Clerk resumed the reading of the bill