The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-07-29
The Cau,cus.
; The Washington correspondence the Ba

The Washington correspondents Of the Bal
timore A'nericaa says:
Mr.. Wike submitted the following reso.
luton, which was accepted by Mr.. Holman
with the remark that In doing so he expect
ed the support in the House Of MIR. Wike.
The following is the resolution which the
caucus adopted:
That so much of section 3 OF an act,
entitled an act TO provide for the resump-
tion Of specie payments as fixes day Of re-
sumption, and which reads as follows:
And on and after the LIST day Of january,
Ammo Domini, 1870, the Secretary of the
Treasury shall redeem in coin the United
States legal-tender notes outstanding, on
their presentation for redemption Mt the
Office Of the Assistant Treasurer OF the
United States, in the city Of New York, in
sums OF not less than fifty dollars BE and
the same is hereby repealed"
Considerable tilibustering was INDUCED
in by the hard-money advocates before the
resolution was adopted, Mr.. Marsh, OF
Pennsylvania, moving to adjourn, which
being lost, division was called for by q
rising vote, and was defeated by a two
thirds majority vote. 1t was again renewed
by Mr.. Hewitt, of New York, and again de-
feated. The expressed feeling Of Messrs.
Lamar, Hewitt, Morrison, and their follow
ers, was not to respect the voice OF the eau
Gus nor abide by its action. The resolution
adopted is to be attached to the silver bill,
and will be offered as an amendment when
that bill is again before the House, which
will probably be Tuesday next.
Perhaps. after reading the following re-
port OF the proceedings in caucus some
people who were then surprised will under
stand why the Dispatch, two weeks ago,
told its readers the troubles which it fore
saw might arise on this knotty question:
"Mr. Holman submitted proposition
looking to the unconditional repeal OF the
specie-rcsumption act, which be supported
in an extended speech, and which was fol-
lowed on the same side by MesSrs. Mcola-
hon, OF Ohio; Jones, OF Kentucky !;
Williams, OF Indiana; Landcrs, OF In
diana; Bland, of Missouri; and John
Young Brown, OF Kentucky. The
latter charged home upon the Bank
ing and Currency Committee that in the
face OF the repeated decided expression OF
majority OF the Democratic members o. Con-
grcss and the will of the Democratic party
as expressed at st. Louis, they had cndea-
vorcd by inaction and evasion to overcome
tle nOllcSG COnNl CliOIS VI lnC liIaIol IVY Nv
proposition was opposed by manl1eStly
prepared combination on the part OF the
hard-money men, led by Hill, Of Georgia;
Lamar, OF Mississippi; Morrison, OF Hi
nois: and Hewitt, OF New York.
Mr.. Hill said the issue was moi one Tor
congressional action and solely, but was an
issue to be had before the people, and that
the present Congress had nothing to do with
it.
Mr.. Lamar, in the most positive and en-
cited language, desired the Democratic mem
bcrs to remember that, while he had always
been in favor OF labor and the laborlnS
classes, that now the capital OF the country
demanded protection.
Mr.. Hewitt contended that with the TO-
sumption act unrepcaled, New York, Con.
nccticut, New Jersey, and the South could
be carried for the Democracy.
| Mr.. Wikc, Of Illinois, made long speech
explanatory OF his action with the Banking
and Currency Committee. lie said while
he was opposed to repeal, the manifest
expression OF Democratic opinion was i'll
favor OF it, and he was willing rs mem
Der OF the committee to submit the question
ito the House without fayoring or endorsing
ii, but the proposition OF Mr.. Holman be-
fore the caucus did not fully meet bis
| Wong >,