The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-08-23

addition 10 our bonded inceb' edness, the com.
plete control or the currency AID the business
OF the country by the national banks. the re-
quo ion o! million OF debtors OF hitherto
ton OF thousands of laborers to pau perism and
ultimately tue ub version of our government
SO that ii will @ ase 10 be government by the
people, and will fall under the abso ute rule
o. the money oligarchS. Compal ed with the
gigantic robbery, suffering ana enslavement
winch this umption Jaw will infiict, the in
Jury 10 me government and the people from
mere maladmini tIation is petty. epherer n
All the economy Of the revenue possible under
the most vigilant administration could not
save the people. Ate depicting this act and
co nplainirg of the Republican psrJy for its
passage aud its tempted enforcement as /
have, the natural inquiry will be- why did
not the House of Representatives sooner re-
peal II? am not disposed 10 misrepresent
facts. We have bad large majority of the
Democrats in the House favorIng tie repeal
ever since We met in Dec I'm Der, but unforfun-
ately our organization was formed in tia in
terest OF the East. Our committees were
opposed to the repeal OF the law, or in fact
tney were opposed 10 any legislation looking
towards huanci j reform Z stern Demo-
question: They and together; they are as a
unit. Whenever a d ancial question is intro
ouceo, Eastern Democrats are seen 10
consult with Repub leans as to how
TO defeat the Democratic majority. You skk
cation? They got control by electing aWestern
man spt aker, who They knew would serve
their purpose as well any E stern man.
because he was Western man fs was sup
posed he was for " este interests, ard the
question Was, to a great xtent, evaded in the
org niz ton: l myself sm not responsible
tor this mistake. I not in favor OF a
Western man with Eastern ideas. preferred
an Eastern man with western views, TO a
western man with Eastern views on the
financial question. OF course l had TO sepa-
rate my SELF from my party in this. but want
IL distinctly undeTs. oOd that L am Demc-
crat, bslooging TO that school which believes
tnal The laws OF the county should always be
made in the Interest of the many as against
the few. Democracy means the
GREATEST GOOD TO TIE GREATEST NUMBER.
Whenever have good reason TO believe that
this Democra &c policy is not TO be carried out
by one holding the position OF spe aker of the
House OF Representatives of the United States
who always havins the floor can yield IL TO
whom he pleases, feel il TO be my duty not
TO give him my support regret as much
any man, thai my fears on this point have
been more than realized. The Democratic
repeating this iniquitous legisl stion OF Is75
toy steady refusal npOn the par of the bank
lng and currency mmittee TO report any,
could have been amended by the House, or
substitute could have been offered for
be raj ed there. IN the rrst esIi
of the States, mt oduced bIl for the repeal
OF the resumption act. employed every
means that could devise since then to induce
the committee To make a report. 1 had given
up al hope of areport, mouth or SO ago, but
after the meeting of the Democratic Conver-
ton al 81. Louis dem 2nding a repeal OF that
part of the a I, liking day for resumption,
our hope of action, on the part of the commit
tee, was again Renewed; Dut we were soon
given TO understand, by he committee, that
If the sumption a It were not repeal ed wise
and practical syst m or b logging about specie
payments was 10 be inaug uTated treated
that declaration with cOnJemp,. 1t would be
could ensbIs this GoVernme MT to r. deem in
% Wi
one dollar in the Treasury with
which TO accomplish IL. After can vassing the
subject they found out that that would re-
qulre too much W sdom 1oT them, and there
fore the su ject was dropped. Some members
of the committee had favorite measures of
their own upon which they desired action. In
order to Influence their action In favor of the
repeal they were painly told that no action
could be hal on their pet messuie e, ii they re-
fused 10 relieve our people of this bankruot
threat. ItYen resorted TO the use Il private
cores pondence to influence tn m and think
that had more to do with bringing about a
report in favor of a repeal than anything else
that was taken before the ON mittee. The
pressure was 20 great that they were forced to
ab Andon their firm res I've, no Coubt made be-
fore their appointment, viz: o do nothing
against the moneyed interest OF the county.
rejoice TO know that Two ofthem have been
RETIRED TO PRIVATE LIFE
by their constituents. They brought in a re-
port upon the 5tn day of this m 1nth for the
peal of that part OF the third section fixing the
date upon which redemption was to begin
which after a bi ter contest we were able TO
| pass, the Republican party, as a arty, voting
against IL. In justice 10 the Republican MEM
bers from indiana, Will Say, they all voted
| for IL who voted at all, together with few
other Republicans in ali aDOu ten or twelve.
am proud to be able 10 say TO you hat you
are relieved for the present ON one of the
most injurious and de tIucfive measures 10
the peoples lnteTesi tn at the Republican party
have d aced upon he statutes OF the country
But this contest b tween the labor and pro-
ductive industries of the coantry and the
money power is not over. AT
will be renewed with Increased energy,
/ L am satisfi d, oy the money Eower o. the
| country. 1 hope that renew ed energy may
| be Infused into the advocates OF the rights of
| the people, by Their constituents, Tor the con-
test; The question IS not settled The decis-
| the legal tender currency, which is the pe0-
pies money, has been declared, and will be
| via orously prosecuted in the interest of cap
ital. This contest would Sc m strange to you
and me, when we co1siier thai the leg i ten
der currency has performed so many valuable
offices. Itsaved tne lie OF This republic. IL
restored the prosperity of lac country ar
| ter the contest was ever. IL has grad
/ ually increased In value, Notwithstanding
| the war that has been made upon IL, and not
| withstandin ing the fact that the government
had discredited IL by. refu ing TO take il Tor the
debts due her. YOn will 10 doubt think II
the c51ntry are not saIisfied with the con-
| traction and final retirement of all govern
ment money. They have passed law through
| Congress more mischi svous u It's effects If
possible, upon the best interests OF the cOun-
| try than the resum pJion act. L allude 10 the
demonetizing of silver in 1879. The records Of
Congress show that IL was passed without even
| being read 1t the ierk's desk. so adroiIly was
| it manages that many members did not know
| that ii PROVIDED for the characterization of the
/ standard silver dollar. Within the last
month or six weeks The attention of
| Congress has been fu ly called to this
question, and no question that has been
| before that body has excited more interest
and more determined oppOsi ion upon the
part of the advocates of The boDd-holoer than
has the remonetization of silver. In lS62 the
Congress OF the United States saw proper TO
| make
| UNITED STATES NOTES LEG AL TENDER,
but IL never was Tor q moment supposed that