The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1874-04-23
CANTON STARK COUNTY, OHIO THURSDAY, APRIL g. 1874

1
Mr.. Garfield 70 } opposed the bill, an
took for the text of his remarks a sentenc
of a very remarkable paper written feI
years ago by Thomas Garry le under tim
Ehicn was suggestive to day. "ShootIn
Niagara and After" Discussing some c
the things that made up his title, he sal
that they had very vulgar, homely pro
verb in England, Cheap and Nasty.
There was pregnancy II that homely adag
which ought not be misunderstood.
was the rude, indignant protest of human
nature against elements which sought fo
quantity at the expense of quality, whiei
sought for bulk at the expense of truth
and usefulness. That characterized hi!
(Mr. Garfield > opinion Of the policy which
seemcd 10 have been fixed upon by ma
jority of the two houses. They were pro
posing nov to make a surrender OF reality
IN the name of appearances, to get empty
shadows and names, and lose the solid
substance which names ought to represent.
In the course of eleven years he had seen
no day so fraught with consequences great
and far-reaching as this day. Referring
| to the efJrts at reputation IN 1867 and
| 1868. he said that the American conscience
had responded to those efforts IN the cleo
ton of GensTal Grant to this Presidency on
the marked and distinct issue that -epu-
diation should have no name or abiding
place in the American republic. That
/ verdict had been sealed when In the first
annual message of General Grant he de-
clarsd that no man should have any place
of honor or trust or profit who did repudI-
ate reputation and who was not willing
To do his utmost to preserve the public
faith untarnished. That great victory had
-. ! L. ,1E
the name of honor, IN the name of truth,
and the country went forward IN its career
of prosperity. The next great battle was
fought in 1870, when the demand for more
paper money rang through the halls Of
Congress as it rang through them to-day
The pending proposition he regarded as a
proposition to tumble out the ballast,
spread all the sails, and to give the ship
of national credit to the lightning and the
gale. He believed that the proposition
was fraught with immense and measure
less mischief. The gentleman the from
Massachusetts, Mr.. Butler) had the other
day compared the circulating medium to
quart pots and yard-sticks. he would
take that comparison, and would reply to
IL that yard sticks were not redeemed, but
were kept to the standurd of antiquity and |
law. That was what he wanted to do |
with the currency. He desired realities,
not shadows; not the gifts Of fruits which |
tempt the eyes, but turn to ashes on the |
lips. He believed that the day was not |
far distant when the cry would come up /
from those lowest down IN the scale Of |
humble laborers, on whom the dead weight /
Of all depreciation would fall with the
most power, cursing the day when they |
we're deluded by legerdemain and soph-
stry.
Mr.. Kasson (Ia.) if the East did not
want free banking the West did, in order
10 establish what banks they could utilize.
If the East did not want an increase of
ne currency let the West have it. The
West and South would be content If they
,ould have what banking facilities and
currency they could use. He believed that
n these respects the Senate bill would be
more beneficial to the people of the West
han the House bill. He put it to his
Western colleagues, however, whether it
would not be better to take exclusively
or the States that had a deicieEcy the
AZ, ,00o, 600, which was all that they could
lse for some years to come, instead of
dopting the free banking system for the
Vest and South.
Mr.. Randall (Pa) addressed the House
u
gainst any increase of legal tenders or na-
ienal bank notes as 4 step directly from
ueh specie basis and towards imitation,
nd as likely to produce another panic,
ollowed by distress to the people. AS a
leans of immediate Ieliet he proposed tC {
iminish the bank reserves on account OF ,
REGULATION and deposits. He also proposed 1
be receiving of one-half of the custom
ues in legal tenders, as the other halt
Tould yield 81 900 000,0 900 in gold, enough
ach year for the interest due on coin-to
lit, $9S 900 000
Mr.. E II. Roberts IN. Y said that the 1
me had come to eliminate every subordi I
ate feature in this long debate, and to i
lilly around the flag assalled. That is re- {
emption. New York by its Legislature
as made an appeal to Congress. The
essage of her Governor is hardly less di
ct and significant than his famous order
hich flashed through the gloom in 1861. !;
hen there was danger to the Union. Now .
8 honor and credit are IN peril. Trample :
/ sentiment and on principle and nation j
ity rests on quicksands. We are paying a
nr bonds but DoS our greenbacks. Since
sptember S26, 10000 in legal tenders =
ave been issued. and since July 81. .I27.- :
S6 of the bonded debt has been paid.
ut your pledge IN the future cannot al :
ays be better than your sacred promise :
r to day. Your financial structure de- =
,nds on the treatment of the ereenbaek. =
aste has not been requifed. No one de- =
ands impossibilities. Only be honest; 0
Init your promise; do not insult your II
editors. Do not brand "never" upon d
'ur promise t. pay. Whatever else We &
n afford we cannot afford to destroy the 8
iLh of our own people il the monetary d
'iigatlons of our Government. Woe be- q
lie the day when the Government shall II
come the embodiment of pledges delib- n
stely violated. II is not more currency b
hich is needed, but relief of the gold y
emium. plead for property, for thrift, Il
r all who rely on their future, and in ii
cir name I protest against tainting all {,
o streams of prosperity. Great sympa- q
y is expressed hers for the debtor. The C
borer, mechanic, and artisan are not c
btoTs. No sympathy has been expressed
r the borrcwer-tor the young and en- d
rprlsing producer who creates cur pros d
rIty, for the South and West, who ard O
e great borrowers. Every dollar bor- U
wed now will be made dearer by the COLE a
emium and the interest. What is the Il
.mand we maker Only not reputation Y
you must have more currency and will [
axe it, provide for paying it in due sea- a
n. Use your sinking fund or half Of it y
purchase your legal tenders, until they q
,come at par in gold. In any practical, l.
rect way begin to meet your overdue OBJ L
cations What is the siIernative7 Turk q
b peasants nave built their tombs abeve 8
e golden vessels and costly treasures il
hich illustrate the more precious story of il
roy and the Greeks. Beware lest you 5
How their example and suffer dust and t
Ibbish to hide your wealth and your a
ory. Men Of the South and West, do not y
ample on plightad faith. You may get il
ore currency by destroying the premium e
Id bringing $lS5. .0o0.0O into use as t
oney. In such an imitation God speed 2
~. &
at the close of the debate various e
nendments were offered by Messrs. May :
ard, Merriam, FArwell, and Mitchell, aud b
len Mr.. Maynard demanded the previous O
lestioD. q
Mr.. Cox IN. y appealed to the House !
cularly to let his colleague Mr.. Mellishl I
) heard on the question: (laughter)-Mr i
Iellish having already made so many il
,eeches. s