The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-10-21
Hayes's Financial Record in Congress.

" u
sentatives, some OF the most important
public questions affecting the financial poll
cy OF the Government, Reconstruction, land
grants TO railroad corporations, subsidies,
claims arising out OF the war, and others,
were discussed and decided. On all these
subjects he was utterly silent. He had
no opinions Of any kind to express,
and the votes which he gave were uni
formly on the side Of iobbery, in favor OF
the great Rings, and against n sound and
honest policy.
He helped TO vote away fifty millions OF
acres OF the public domain at one dash,
and to build up that corrupt and iniqui-
tous system by which the Credit Mobilier
and other gigantic frauds were created,
and the lands and money, obtained from
! Congress by collision aud bribery, passed
| into the hands of two close corporations,
controlling the Union Pacific and Central
Pacific Railroad Companies and their
| branches.
Now that political purpose is TO be
served. 1t is pretended here in the East
that Mr.. HAYES is n hard-money man. and
never was anything else This claim is
audaciously asserted by those who know
better, and Is only n part of the system
| of deception which has been practised
since the nomination Mt Cincinnati. Fortu-
nateiy, the records of Congress ieavc no
doubt rs to his position They are the irref-
utable witnesses against the pretension
now set up for the Republican candidate.
The first occasion on which Mr.. HAYES
appears upon the journal OF the House of
ID
finance was under consideration, was the
10Th of December, 1896, when Mr.. HARDING
| Repubican) of Illinois offered the follow
ing resolutions:
! "kesoNei. Th.t the Committee Binking and Cur.
Law whicn ssaN Droh'6~ any diDinnnon ~ ne national
mter,s Of the whole people OF the United states that
!-e @'e,' De,t sAoAa Issue al eit' INTENDED 20 crca
noe o. currency 6y eaDorsaiphY unisr adiiolIdf
| "Mr. wAsnBrRSE Of IfInois-This resolution Is
| the iaole.'
| This resolution covers the creed of the
soft-money men, aud was n direct assault
upon the policy of Mr.. MCCuLLocH and
those who coUperated with him for re-
turn to specie payments. The act Of
March 8, 1865, by which "any Treasury
notes or other obligations bearing interest,
issued under any act of Congress, may, ut
tho discretion Of the Secretary of the
| Treasury, and with the consent OF the
holder. be converted into any description
OF bonds authorized by this act" was then
III existence. Indeed, il was the first step
in the right direction, which was supple
| meuted by the act of April IL, 1866, which
authorized Treasury notes or other obliga-
| tons, with or without interest, to be con-
| vertod into bonds.
Mr.. HARDING, the mover of the resolu-
ton, called the yeas and nays on the mo-
ton of Mr.. WAsHBURsE to lay on the
table and ms many of the actors of that
day are still on the stage of public Affairs,
we give the record in full, because II was
test Of the sense of the House, and was
80 announced by Mr. AScoNA, before the
vote was taken.
| Alley, Allison Ames. Anderson, Arneli, j. v
saT nsSn' p' eSSse Sss
Boass posssib b Slss teksy. ERSi. " Fa.9a &Sa
Ioober HDtehSiss C6e;tar D Hubbard John II ma ;
sSRSsi asrtq1 -1 Sso oSSS McrS n ysr
Free i RaSS. hissaaaet il iRGr ee. Jc ian L
| Van Horn Hamilton Ward Warner, Enhu Il. Wash
William, James Wilson. stephen ,. Wilson, Win
o 1 MeS r.. Aneo's, Baker Blow Buekland
Bu ,di, 2 mpbeI. a " Clarke, tobb. Cook. Cooper,
year. s rdine XSer e. gsfdas Hart liz
aobe I iasci % y JaSaa, h KsS
tnTE ssindee MRs aoson sSs os PANE me
ss RisT noFeTs Eos scheme shsHsq ssae
| Van Horn, and \. II. WATd-0o
New York had twenty Republicans in
that House. Fourteen of them. headed by
men like Roscoe CoSKLING. john A. girls
VOID, aud WILLIAM T.. DODGE, voted "a
lay the resolution on the table and killed
it stone dead; two only voted for il, and
four were absent, every one of whom
would have gone TO the record against
this pernicious project. So that the dele
cation was substantially solid on the Re
publican side, with which We are now
dealing.
Ten days after this test, two other reso.
lutions relating To the currency were
brought before the House. Mr.. BURTON
c. Cook Republicanl OF Illinois offered
the following:
"Rssored, That the Committee on banking and Cur
providing BY law Tor TIC Sthirswai Of Tie csTSeneJ
ktutd w the matt. nal Danks fast the may
done without nJus,ce 10 the banks and VI supplying
the place Of such currency VITO egaltender notes L.
tued " the Government VI the United states"
Mr.. HAYES and sixty-three others voted
for this resolution squarely. [See Congress
stOndl GLOBE, Second Session, Thirty -ninti
Congress, page 1901 On the same day, Mr.
BAKER of Illinois Ciepublican) tested the
House in another form, US follows:
| ResOlred, That the Committee on Banking and ar
icDDOrar, period The farther withdrawal OF the
tender currency"
Mr.. MORRILL, of Vermont, then Chairman
Of the Ways aud Means, rose promptly anC
said;
81 move to lay the resolution the table"
Nj. HAYES voted against that motor
aud thus preserved his consistency as
rag money advocate. [See Congressional
GiObe, Second Session, Thirty-nintl
Congress, page lbll Six weeks later
IN the same session, the question
came up again and not substan
TALLY changed. Then as now, the cheap
| money thaOrista were IA aotlya and uOisX