, 1876-03-07

- - tt may, viii conocds that M bsyo. !,
s.ensf sfa'fs, s..a s1
Their notes wonld not be reoctsel ia payment Of d.
ing coma md passed, th bsnts would ssyIf ~
10 rrodet ther notes In coin 81 10 deprec.
sted 70 rusnoss destce. Under the,s clscumasnccs
According 10 my ser Of ILLS mols Of bringing aJonj
1ss m ; to sttsnrs , would ri
ruin and spocis payment would be Postponed iadsa-
81. Bosy mex. referred to on. foreign comm.rc..
and our fndebtenosa shroad md said thai lat yaar
our sxpo1.a Of dcmea.io goas decreavsd SO, ,oo60W
Il or 7 soreSa 1sIe he .sG T. ep14
selc' md teFe 4, III The lion IL The nsth
ne PRESENT IT, ,o. shfsn e! thsas
no Change tho coin WILL not rpmain here In anlcent
%n,s:a yo panet IN
l!'tls coin Wit good e4sl 70 saaain IL s m,ut bo.
which oaefu market Tor ali other nstions We ' mns:
e1post noro .na import lesa, snd until NO do II TO-
Ms nosy opnosei the increase Of tia bonao, debt,
fsres!ay abroad sd said tas ths inttrett o. =. now
soud b. ds p}aes = hone WAs 4.
sta.as;a q ,,'ae. set y. inpss,ssd Viii "
return 10 tho double STANDARD Of god aud silver 10
Which will Ia snahfel 10 rcrnrne specie psynens,
The sensor then aaso Ills viewa a1 to how reaumn
tAo4 Aa3 " tHVnkat AU0Ht. He said N0tfl1 lot IL
bs nudtra,ood thai the present lavs 10 re.tion IA
le5el'tender notes and Saunal Bank notca would re-
eont.on Of liz former Ind an ineressa ot to l.ts
9oa r IL @ @
o "a elie L. 'ss' siass Of Sina ohsrs On s
the oas taken vii dtpf.i..e. % ras @ u .1sas: o,"es:
eonsarSe so he osner S au lie ero 0 bang t. s
saue quantity outstanding Of both, this conversion
= g .se 70 IN Il e. Nsns
~. s. toads nov deposed, vorth tom tooaoao
character Of s.ur to the Of 81 100 In payment,
ancinR Iii our miucs in such large quantities. ths
largest capacity Of usefulness without u the ssrne
then roqaira National banks 70 set sside ~ part of
thet he gold interest received on these bonls,
whseh h.3 M9ala sa'nap.te ~ e@s amount et parss
passage of the acs, I would require l.nks
oon.nd is sd y pay du.is., sraou1tns .nnsay 70
demand TOT precleey liks amount .. cgai-tcnders,
tho difference between ths two would disappear.
nm-t would 10 an easy thing for the Government 10
procure tho ~ CO.. needed 10 pay the home duo
s1 S A. s y sss.n ass s .r:;:
ean l. bought 1tth les.lsenasrs. There i. now. q
rearJ. in 10 Treasury, and above Ill iiablao.
for coin certificates Or eer!Acateg Of deposit almost
pay Inc oipc dpo interest for ono year 10 com But
In tho woEst peeAblo vteH, even II The Government
would b better to DO It than to keep III tho paper how
"a circulation deprecated frn IA to IL Per cent al tho
Tho senator concluded Al follows: This county at
this time il terribly depressed. Every branch Of 6usl
ness a In ststs of paszlysh. and my honest oont!c-
hovs II to % for tho psosrerity Of this country
.tans resuae specie payment, nevsthnteas, bctroen
tho two n1l4 Of making proytaiou looking To that
end md tho continuance Of this Law. would unhcs!-
.attngly say, rcpea! thn law Immediately. Without
my hw for Providing for resumption wo conld Kct
county viii b dsi,nn Into universal md widespread
bana1ups4y.
. THE oTuEn sIpE. ....
NJ son satd , anless some en.sos 9Fs H. entitled to
himself. He referred 10 tbs sc. OF lat year and sai
tho great laws Of nature were outraged by It, waa
easy enough to tall about spccs resumption, but Con-
gsess shona 1eassta v1se. taking into oens1aer.ten
Uned stssas va ho great debtor nation ai the world
RESOLUTIONS.
LII. Window presented lolnt resolutions OF tho hin"
nesoaz Legislature sskinE tho Passage Of Law secur
ing aud pa1focting usleA 10 seers On certain pupo
lands In that State aud which .re included wshn tho
Ylneont branches Of tho s.. rAul paclhn Railroad
ConpanJh public lanuA.. 49,.
1si.sare Z Pestian 70 hs s.na tcsty of aag
H. 1890, between tho United States and the Cherokee
1nds.ns and tn faro. of tho sppotnnsu ot now Com
eh.ss the sano Il thsir appraised value. Indian
Affairs.
After executive session, adjourned.
NOMINATIONS CONFIRMED. ...-
The Senate eonnsmed The following nominations:
ttSn H<7rkR n Mfrhl