, 1876-07-14
Tilden Will Not Allow the Confed-
crates to Repeal the Re-
sumption Act,
As q Consequence Hendricks Is
Snubbed and the Rag
Hen Made Angry.
President Grant Throws Down
the Gauntlet to the Whisky
Investigators:
And Authorizes Secretary Bristow to
Tell All He Knows.

j
Tell All He Knows.
SMALL CHANGE.
Tun House PASSES THE s1LvEn BILL,
Specsas Ds<pateA to The Tribune.
WARRINGTON, D. G., July 13.-Thr House
adopted to-day, BY the decisive vote Of 129 In tho
affirmative to 75 in the negative, the report Of
the Conference Committee on the Silver bill.
As there "a little doubt that the Senate will
agree To the same report, this BILL for the relief
OF the smnlt-chAngc famine is likely to become
law within few days. The bill provides for
the issue Of such subsidiary silver coin Is may
at any time be In the Treasury In the
same manner Is other currency Ia ts-
| sued, instead Of requiring the Secretary
Of the Treasury to wait until fractional curren-
| cy Is presented to be redeemed. It also author
izcs the use Of SO COZ, 600 Of any money now In
the Treasury for the purchase Of silver bullion,
| dollar and Issued at Its nominal ralue, thus
| giving to the Government profit equal to the
difference between the ectgnlosagc and the
actual cost of coinags: ,,,,,,,
Of subsidiary silver coin to be Issued including
the $l0,0o0.0o0 already authorized BY lar, Is
limited to s5o, ok, ,0oo.
! No change Is made In the law respecting the
1egal-tenler qualities Of the subsidiary coin.
| A short but very interesting discussion arosc
on the Conference Committees report. Nov
that the valne Of tho silver dollar has fallen be-
loH that Of United States notes. all Of the ultra
| inaationists In the uouse ure very
| ANXIOUS TO REsTonE THAT coin
to the place which It. nominaly occupied !n the
currency Of the country prior to the act OF 1873.
lar was greater In. the markets of the
world thur, that Of a greenhavk dollar,
the Western inAationists were violently opposcti
| to any measure looking to return to specie
ft1nH ffftFI
took plnec In gold or In atvcr; but tho monent
| :11e valuo OF the f:lver fell below th:. Vi the
grcenbaek, and by making II an unlimited legal
fender the dishonest debtors Of The country
tlleu this same sboal of political economists
| BunpHNLT DEcANE TIE CHAMPION
of the money Of the Constitution, aud nov &c,
nf,s 9d III soxaa ID to aset1ss Ssee ppg' el oprs
tions In tho most deprccintcd currency. The
question of demonstrating the silver dollar was
not one which wis properly dtsc1,ssed upon tl!ls
blli dcnonetizes silver mud will therefore prove
disastrous to the business of tln country by
withdrawing 10 much Of tlle currrney, is, Of
course, not true. In the first rlaep the bill does
icgal-tender properly st silver coin, aud does
not refer either directly Or indirectly to tho
coinage Of silver dollars, Which alone,
connection M n,t, WITH ,.cg gps taer nA'f h 1YS ,Ss
country. In the second place, 1t is Impossible
10 Withdraw from circulation currency
which has not recently formed part Of it, aud
every one knows that after the ratlo OF silver 70
u l to TO- very fey silver dollars were ever
coined, anu those which we're made
DID NOT ltEMA1A IN CIRCULATION.
lions lion ~ nude In the debate to-day WA tint ID
the Interest Oh United states bouis Held il
Germany tn silver dollars fnstend OF til gold,
~ fr.rt rtrItwC CJ,rszt
With vii was t' att:snipttnE si Fl to drive eat It's svs;
currency, toremotlctize and retaln It;
Gen. Gartlcld called attention to this proposi..
tton, and predicted that u such policy should
be adopted II would result In
PRODUCING CnIslS
! In this country more severe than any II has ever
experienced. Any proposition to ray the Inter.
ct On our fo,e0 1set .nt IN dsiHrrsns5 Whit; Ws
tfsas fs Of III our sa' bods assHIn m1.ch As ~ %
hcid sbroaa In such great quantities "a
to produce tho m9st widespread financial 5utn: tn:
the Eemonctlzing Of silver In this countryt-tle
owners Of the BONANZA silver mines On the Pa
clac Coast, and the foreign holders Of large
'gSs h. ot tcse c.sses ep
sentetl on this floor Of the House torday BY 5cn-
ator Jones and ex-senator Stewart II the do
clue in the price Of silver continues, the mining
oi that metal, which hes been pro!lts:
Connection wltE It, Will soon be. losing busi.
! ness; but II the silver dollar ahonld again be
made a legal.tender for tue payment Of debts
public and private, In this country, Il would mt
only drive out Of tht country I'LL OF tho gold
coli, and bullion now held, but, being worth lcss
| than Upited States notes, would gradually 10
. plaec % them in our doulpstic circulation. This
, ii course, would create
4 0NEAy AND SUDDEN DEMAND Yon SILVER
aud would probably cause It to appreciate raiAd