, 1876-02-25
resolutions passed at tho last meeting In regard
10 Afayoratty e1eetIon 10 tha Council.
rowk oYptcEHs.
Fnt rfnahw cTaend thn f,11nufro nhtnft x7&a


10 Atayorstty, eloetlon 10 lha Council.
rowx oyrtcEns.
Col. nlcaby offered The following. which 7Ao
adoptaa:
Htsssrd, That zach ward on tho Routh sIna te re-
Hhtaltl To sslect dsesatss 10 attend tbs H*tnl:sn
etr * w.S.. s1snae s - lad II Trrnty Second f.s On
town officers for she Town ot South ohloseo.
Justioo Wolf moved to amcnd aud that ahe
number OF do!egstoa bs tho satns II 1t tho last
Republican Convontiop, which wAs adopted.
Tho discussion on tho resolution In regard 10
tho repeal OF
THE RESUMPTION ACT
was shon takon up and resumed. lTaj. Wood
waa tie first speaker, and went ovor the history
Of Engsaud in hcr effort 10 rosuu1s and final
SUCCESS. lie held that tho Democratic
party wAs trying to ipj1ro our hnan-
o1al orsdIt abroad by thro.tsuing ropndia4on
Anl payment Of this robol dobt. He then went
over the course Of Tie Kopubllcan party IN I'd
gard to the cur1aocyt and It's honesty IN the mat.
ter. uo he1d that no resumption could DO had
roras would result br inf.tipg IT, The policy. Of
Tho Republican paTty Oh tho financial question
had met The approval al houo.t men. 1lo held
shat It tho Resumption act rns repealed. It would
be shown 10 tho mouoy-lepdorE Of Tho World that
tho people had no faith in their oun currency.
advocated tic eieo.lug Of honest men to otico,
.nd Tue ,,,oup ps'lng OF our, our debts ,ass.s ioc.l
dns'D 6ns spee's p.,mena. nS ns 1 hsla tSst arsss
Britain lad her colonies to heIp her resume
that aho could not have dops 1t with hsr own
resources alone. lie ranssd honehs aovern-
sumption would soon follow.
MIR. RvasELE
had eome to listen and not to teach. He thought
that ttny had wandered AWAY In thbir diacus-
tion M Of contraction. uhen il did pot do either.
bs 0a.y 1spesiss % IL 'a hid I'D tsss i r.s ts
mcssurs Of Justice. He waa In
IL hsa oss1 sbo ct psssea oo"ss %
1875. and ptocseded to d!acuss tth provisions
teriati1. and hs1d that It WAS impossible to carry
out tue Law. 1lo hatd that they did wsut 10 80
back to specie pagnont, but tho statements
ho understood them. Tho sos, he hold, did not
rehtoro confidence Ia tho Rroenback. Uod vas
higher now than Il was other In ~ or 15. uo
quoted from tho ciroulhr Of financial sgonoy, "a
to the failures Of tho pRat i've yaars, which have
beon fully given ia TIN ln1nuxH, from all Of
which ho concluded thoro were moro failures Ia
1s75 than In any yoar elncs tue War, aud that
ths Resumption aot had not caused q fccllng OF
confidence.
Nr. L. stons spoke in favor Of resumption,
Ind thought that il could ba dons Without hurt
lug the va!uea.
COL. n1CApY
thought tho Fifth Ward Nas not tho censre OF tho
unirorHo, though 1t mas worry good ward, md
Its action could havo littio effect on sAe couu-
try. He spoke in favor OF the Resumption act,
IS = measure introduced b. tho Republican
party, in Ill honesty, showing that the Govern
mont wanted to pay its debts according TO tho
letter Of its contract, in the currency Of tho
worid-gold. lie Thought that having promises
to pay, nhioh Hbte never paid, WAS not good
nss TO Uphold p'.at' ,,t;s, Or p.ons b.a
debta. It had Issued pspor to redeem !; aud it
should bs rodeemed. Sufficient notice bad been
gtton, and the spirit Of Tho Resumption act
should bo easriod out, Whcn Democratic
backs won't donn. and that was what ailod
greoubscks. He claimed no prophetic power.
but II the DomooEaho party wss aucceasful. IT
would ultimately rspodiato osr national dobt. Hs
wanted tho Resumption act carried out, as fQ['
| filling the promise OF tho Government.
| 1ubr1cE DE WOLF
thought tho resolution had brought forth soma
eloquenco, which wan goodsfor tho Repuhlicau
~ Il war their own measure. ile be-
1ieyod 10 honest naonoy, no1 paying debts
| uo then wcnt oyos psesty nearly the sanae
ground N 1t inat nooetng, and spoRe in favor of
the repeal Of tho Aat. and held that Naino Taa
III faror OF tho saR.baoy tn days aEono, and =
1ow-ratc-of-interest bond. He than apoko In
bebalt OF lilo financial orphAu, And Tho 9.ed
bond. ~ . mort Of physlc whioh would purge thu
| nation Of all financial lila. Ho didn't want to
| see Ereuubacks contracted.
| MG. pERK1Hs
| thought thero was rather an imAYHery dtf1cr.
! encs than d real ons. Tho end aud AIM Of all
our legislation hsd been to briag gfos.backs up
to , gold value I1o thought that ths diacuss!on
| hid done much for the Club, and that finance
! aud reform would be the leading que satIons It
tho coming campaign. Tho crest questions oi
finance wese ability and willingness to pay
und,if these wers had. tho1e would be no trouble
IIo thought this nation poaaesaod both. Ill
thought ihs act should not bo repealed, bocaust
! II would shake confidence, and tito Government
| paper would go down In value He though
Democratic victory would not b
| 40 much Democratic ~ + Rebst victory. Tha
same law governed the Government aa an iudl
vtdual. Our ability to pay ~ phtion bad move
boon queattoncd ainco tho War. Tho gold ~s'
NO. necessary to bo on hand to pay. but 70 know
thAt the grecuback would bo paid in gold whet
presented. Tho Republican party should stant
a. H1n as tho Rock Of Gibraltar for honesty.
hlr. q. r. Williams thought that Congress
could Bsttto thls question bettcr than tite Fiftt
the bill restored oonndence u tho time
1t the Law were repealed 1t would dinturb cont
dsuco. Tho bill was oothiag but AL inaginar.
line to bring oo resumption. and warning peopl'
70 put shsir houses 10 order In tno. II tool
get ready for it. and thsy should start to do 1t
aud tho Republican party would take care 0
thu tlnancas for the beneat OF tho poup|s There
was mora money ia The banks than ~as a. wantoa
f.,luros had bean caused BY Mild spco
niattou, and BY fancy prices, put OF
soma things. NOT by sho ooyotnmcn.
The Go!ornment VIA !, not to b'Am'
trust thar party n toneroas, aud On lilo 0th q
November they would carry tho eloctlop In bs
half Of the ltepublicau party aud honest govorn