The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-03-28


the bill which was known as the Payne
bill and that had been printed.
Mr.. Payne replied it was SO without
any change whatever.
Mr.. Kasson asked the Speaker If the
bill did not violate the pledge Of the
United States to maintain the sinking
fund.
Mr.. Randall and others objected 70 the
debate.
The Speaker replied that he had &c
authority to answer question OF thai
kind.
A vote was then taken, and resulted
ayes Sl;'nays l56; so the motion was lost
1t would have required two-thirds
vote TO pass the bill, and the fact that
there was nearly a two third majority
against it ELECTED some laughter.
Mr.. Randall moved to suspend the
rules and adopt the motion TO have even
ing sessions on Tuesday, Wednesday and
Thursday this week, for the considera-
ton of the legislative and Judicial ap-
preparation bill.
The motion was agreed TO; yeas l52,
nays II.
The House then went into Commit
tee of the Whole (Sayler in the chair on
the bill providing Tor deficiency in the
Engraving and Printing Bureau of the
Treasury Department. and for the in-
suance of
Subsidiary Silver Coin.
Mr.. Townsend offered an am ,ndment
providing that silver coin shall be ex
changeable at par for United States
notes in the suns of not less than three
dollars and shall! be receivable for post
age and revenue stamps and for all du.
ties to the United States except customs
in sums not over five dollars and shall
be redeemed on presentation in such
sums and under such regulations as shall
be prescribed and that the total issue OF
silver coin shall not exceed S50,000,O00
Speeches were made by Lenders. of
Indiana, and Phillips, of Kansas, against
the bill, and by Eames, of Rhode Island,
and Burchardt, of illinois, in support of
it.
Mr.. Landers characterized the resump-
ton act as white elephant on the hands
of the Republican party, and expressed
his regret that any Democrats were
found willing to assist in its management.
Mr.. Phillips objected to it. Anon :
other reasons, because il established IA
third standard of value.
Mr.. Burchardt referred TO the fact that
all the governments except the United
States, maintained subsidiary silver
currency, and to the fact that it had been
demonstrated that it WAS cheaper to the
government to issue it than to issue
factional paper currency. He believed
that the people would not entrust the
coLtrol Of the government TO the Demc-
cratic party unless they were assured that
that party would maintain the credit OF
the government, which was now as high
as four per cent.
Mr. Bright opposed the silver eur
rency feature OF the bill and declared
that the Democratic party had no inter.
est in shouldering the financial blunderS
of the Republican party. If disaster
hung on the heels of the financial policy
OF the Government, the fault should be
allowed to lie at the door of its authors.
He spoke Of the bondholders q.
Vampires Sucking Blood
of the American people,; as cormorants
who are swallowing up the labor Of the
poor. He favored sn appropriation for
the emp. .oyment of sixteen hundred en-
ployee<, who had been turned out OF the
engraving and printing bureau, but he
wished il distinctly understood 1t was
not the Democratic party that was strik-
ing down the system OF fractional cur
rencv
Mr.. Hamilton, Of New Jersey, said the
Republican party had conceived and
brought forth the rag-baby and had tore ed
its lllegitimate bantling on the country
against the protest and remoustrances OF
the Democratic party, and it was now
very unkind In that party to repudiatc
it, own offspring, and attempt to quarter
it upon the Democratic household He
charged that by legislative ard executive
countenance the Supreme Court Of the
United States had been rcorganizcd and
packed, in order TO decide the constitL
tionalty of tee legal tender act.
Mr.. Garfield supported the bill, first,
rs matter OF economy, ard, second, be-
cause it was step in the right direction
for the general resumption OF specie pay
ments. Ii the silver clause was struck
out of this bill, it would be necessary t.
increase the appropriation for the print
ing OF fractional currency to S25U,O0O
He expressed his amazement nj
the spirit which perrneated the
speech of the gentleman from
New York Hewitt on his declaration
that the resumption bill was RepuOli-
can measure, and that therefore it should
not be bol-tered up by the Democratic ma.
iorty in the House. He intimated that
there was in Hewitt's opposition to the
bill another "big bonanza besides the
silver one, and that was the obtaining ola
contrsc. for New York bank note com.
pany to print fractional currency. He
reminded the House that fractional cur
rency had to be renewed every ten
months, while silver currency would not
need to be- renewed in halt century.
he gentleman from New York there.
fore advocated currency which would
cost the government almost S2,0OO,O00
a year, while the Republican party was
for II currency which would cost about
seventy. five e.fiteenths of that. AS
to tie gentleman's Hewitts assertion
that the fractional currency was the poor
mans currency, and the substitution OF
silver would be robbery Of the poor
man, he expressed his astonishment
that the gentleman had not absolutely
burst into ushter at the ab.urdity of hi.
own proposition. II the bill was no!
n step toward the resumption ot
specie payments. he would vote against
it no matter whether it WAS econ omical
but if it would be in the direction Of
specie payments, be would vote for it no
matter what the cost might be. He al
vocated the bill because it WAS safe. easy
and economical and was in the direction
of the observance Of public faith.
Mr.. Page replied tLat thi. bill would
not hersft the Pacific CoHst uny mOrt