New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-03-25

universally rogaruod a' an 80, 1'a. ~, aun,ner
srSa AZ ,s Medicine Of the used as tho
u broad of the peopie Tho antidote OF the war nus
become tho bane Of our peaoe'ui me-
VIEWS or srArEsNBs AT THE TIME OF THE i'so" -,
Mr. President. - has seomed TO me ,na' 49,
be profitable to print few extracts rom s"o
OF prominent puon0 'ns 30 issus rr,,ted,
| how the unweicome p'opos''" ~
| States notes and mako them legal tenncr was
49,, -. :, wa. arst forced upon. tho latten-
erce'e. wnoH w. :. ,rcat n,t,ona, exivency I
ton Of Congress oy sro"' w, ,a,.ar % ,a
know the Importance OF tno anu WIN o"'0''' W '
brief. .Fi<I' uf.-'''' -.
Tho bill referred to was introduced ny WI, o.
''p'u''DN go, +, the asb,to that f,llowsd, Mr..
of the war COPY ~ eo u,v =, ,ha oono,,tnr,ona
49, . I a, Tho erpediency of the legal tender clause,
o'"' "''' T9 ........
affirm again the statement have made that prop
osition Of this Kind has never bcon rccomnenused ~
Government. from It's organisation The report OF the
Secretary OF the Treasury made ~ inc opening OF t"s
session. CONTAINS ", SUN 10y IN, -, ,o.
The gentleman (r Spauldn2l spoke at largo In refer
ence to the sovereign power OF the Government fo
told ma that this power was not prohibited In the Con-
,.,.,.- =, - 80, n, ,,,,o, ., ,roa, ,,,arg.ucv
sttnlioh' nc |od US t"'' 'h 'i'nos VI s'od' ""o'
everything may be done except that which u promo
ted and no read An argument from tho Attorney(ien
-, -, .s.I, .. a, "a a, I,;tt, ,ho nrono.i,,on
cfa' Wn'cn oonc'uuoS' as ~ ossa", WIZ .uo
that such power Is not prohlirte1 In Congress III
l1sIr 7 remdato. this whole idea I think II has no
solid foundation In the Constitution. Whon 4 CONS 20
examine the powers OF tonSress' aoo9rns ~
elpie s VI i ~, Cn.rtiou lind M grant OF this
$780, IN droct terms or as think by far Atom
power ~ mo" o1a nmIsson IL T. not an omission
IS DO, IT. yraa Intentionally left ont OF
S na Tsnsi,trtion Lai reutIemen heed this les
tDe oonsutrnon' ,h,, a. ,eeT ,c tay The enorges
sui vi ~ ne cnnnry snfeiently to restore this
credit OF The Goyornment Let them borrow whatever
money I'm addition may essary-boFrow to tho full
extent that may be necessary ana icy US aineo ~
nrnly, consistenty, porslstoney,au u W @ sbcn
e.o b h ~ rS,et h.s never "a vet Tor one
moment wavered. ...f I.. -.- 30 .7r.i 3.f
Mr. Morrill, of Vermont said I'D. .f.. .r
- 49,, 49,, go, ., nron, 70 n, elaborate speech .
and MAXIM NJ legal tender vs. the Government, at
On ,n hnnnd The nrecurSor as fear of prolific God
of promises no OF which is TO be redeemed IN the
constitutional standard of the eounirycoud not but
my attention. and having strong 10, r o.
me e M Oh o dmty II d,d NOT attempt 10 fnd
nron for nv country 10 lean upon than mis-
not blessed nv one sound precedent and
Samned nv ali IL is an exDeriment to inje ct,
Nv Governnental ioco ph' th eo rieres are Ireay
, GmrS no" coire"'S ""O" INV ~ W. 'V' 80
Mr.. Bingham said: .
Nothing q legal tender under the Consttu-
ton IN dscnarse 81 do11 out Uy ~
ACT or Congress Ihat Vhe power 70 ,I.
c0nferS on Congress tine power u uoclre Wnat %
and silver, b1t the Government may issue Treasury
notes redeemaoe III eoiu ala sliVer ahu ueoa1 '
legal tender Ia payment OF debts 10 denied thaI this
bill would "tmpair the Obligation OF contracts -
Mr.. Horton OF OHIO SAID
r,, 49, 80, -, - ~ =. ,, u, ,,,,, m =, ,r,0,,r,
"a In ,au n y, eur LII n, -, o de"rned snniv
because our Iealers-nen that we have faith in-htve
become alarmed and have told us that there Is neees
sly ior ~. mhen tnofe Is uangcr Al" arr -, s'tp
Won take no false step Nowis tht time and If you ake
this step step downward and YOU VIII una that 20
regain inc hisn clnhenC9 rom Wncn we Sla nave ao
'', : 80, - 80, "
pii' heioRs VI iiinoiS Sdiu'
II this question came up IN ordinary times am frank
Of its constuonay. sufficient 20 induce me to oppose
IT. mean by mat only to say That III time OF peace
when the integrity OF INC Government IS nov nreatcheu
would Do more careiul and cautious and II uOuoeu
the OBSERVATION-DISCLOSURES OF tne measure S1uu not soso Ir
cling IN nernetuafe mr Goyernmsnt am willing 10 20
In he very verga of Ihe CInstitution / treat
this Mr. Chairman as eHpiahealy and cieai'ig tgar
measure.
Mr. s,ovons ., c,osr tho debate nm tbo mart of tho
,----,..-- :, -, 80 -,
Oom"itee OF ways anu hednS' 'iiu
mf Chairlnan tns D IS measure OF no,
NOT Tedecmanle ON demand and make 1t a legal tender
II is Desirable 10 depart from the creuiating
,iog f m - " a,,a. ,,c an II IL ,nt 81 falr
mi measure and when rendered NECESSARY bv ext
eencies It ought to produce alarm.
M h'''JVS VI iinoi' o'u
VIII now SIMPLY say Ia regard 70 inc Question OF con
ment advanced In deiehse OF tne e3ns,tuti9halty vi
this bull, and 1nasnnch as great talent ana eminent
ability have been brought 70 pear upon IT, TAKE ~ tat
no ~ an h 10 o d it 81 ~
plea Of necessity if believed IT, and think
manly TO confess jefferson did. than 1t attempt
to torture the Constitution into the support OF
which everybody must see to be unconstitutional.
FEATURES OF AND OPINIONS CONCERNING THE BILL.
M, "a. al, 60, ,,,o r.,rso h, = ro,o ., q, ., 20
inc pi nnS p,Sseu 'no ,i'u'o ~ No'o =, % " 90
after protraced DEBATE ana most uetermhed oppoS
ton by prominent and influential Republicans a' well
as Doi'oo''.''
Tbe following Is one clause or the Dill:
And provided further that the amount OF the two
kinds together Gncludng $5O0OOOO0 authorized
by the act of Jny H. ls5D shall at time the
sun u @ [n -, ~ ST T,,,e 70 10
es for twenty years They were also 10 be receiyabe
for