The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1877-11-22

! their own cellars or in the vaults of the
| banks. 10 conclusion, he said: Repeal that
! act restore tntidence, allow the tramps, and
N li16nS OF wOrkingmen snd women who
are now living in despair, to go to work on
| yOur raw materials and supply each others
wants No n ttlOn, no individual was ever
| freed from deot by idenesS and want of in>
dustry. Set the mines of Pennsylvania and
| other coal states at wers in producing power:
| let the coal in the mine quicken your ma-
chnery, let wages be earned by the people
| TO enable them tn pay their debts and to con
sumo dutiablc and taxable commodities.
We have gone at this thing bull-headed and
have thus etfectusily disabled ourselves de-
prlvtd ourselves Of confidence, impoverished
our people, diminished the revenues of the
government, and put ourselves in the posi-,
ton that ID the midst of abundant crops our
people are hungry. With our cotton the
largest crop that we ever produced they arr
naked or in rags. Remember that you are 10
deal with five thousand millions of idebted
ness You are to provide fund from which
every old woman in BeTks county can fiji her
stocking. YOU are to say to every European
creditor, we take the risk of your markets,
of your necessities fOc gold. We will 20 it
higher. We have got ten or fifteen millions
of dollars to do it with. Adjourned.
In the house, on the 10th, Mr.. Wad
dell reported that the bill directing the sec
retary of the treasury to pay in full to the
amount due under their respective contracts
for 1857, go and '6l, out of the appropriation
of $4,000 made by congress March 80 1877.
Referred. Mr.. Mills offered a resolution di-
recting the military committee to inquire
into the strength of the cavalry and infantry
regiments of the army, how many regiments
are employed upon the Texas frontier, the
character of the troops employed there, the
military management of the frontier, and
what additional force is necessary to protect
the people of Texas from Mexican raiders.
Adopted. Mr. Singleton reported the def
cheney bill, which he Will cali up tomorrow.
The bill apprOpriates the following item for
payment of judgements Court of claims,
S1,649, 800; library of congress, 81, 800 (;
treasury departments, various items, Sl25,-
900; postOtfice department, salaries $6Sl, ,6Sl,
other items $12.500; executive Office, cOntin-
gencieS, $500; house OF representatives,
various items, $iI.365; supreme cORrt, printe
ing, $4,000; expenses Of payment of bounty
money, etc, SfU. 600. Total appropriation,
81, $50 622. The pOstOftice item IS q reapPrO.
priatiOn. The consideration of the bill re-
lating TO resumption being resumed, the
house was addressed by Mr.. Hart. wlO op,
posed its passage. Garfield spoke of the
debate as one that had lasted in the Anglo
Saxon world for more than two centuries.
Hardly any phase of it was new Hardly
had there been proposition made from the
other side that had not been made seventy
FIVE years ago in England, and almost one
hundred years ago in The United States, SO
singularly did history repeat itself on qUes-
tiOns of this sort. He did not Undervalue
the greenback, but when the gentleman from
Pennsylvania kelly talked about green
backs putting down the rebellion, if he
(Garfeld) had been on the other side of the
house he would have said, con, no, Judge,
we had a more liberal supply Of that kind of
money than they had. 1t was better money
than yours, on your own principle, forit was
to be redeemed six years after the independ~
ence OF the cOnted crate states, and vet tba
did not put YOU down" Laughter He
did not think that the gentl- rnan who knew
the financial policy of the cor federacy would
join with the gentleman fro / PenHs ylvania
in MS eUlOgium of the gFeehback. The
struggle now pending IN the house was one
on the one hand to make the grCenback
better and on the other to make IL worse.
In the name of every man who wanted to
hold MS own when he earned il, he Gar
field demanded that congress should not
make the earned wages Of the poor man to
shrivel and shrink away, but that the green
back should be made better until the plOw-
holders money should be as good as the
bUudhOlder's money. The house took a
recess until 7:3O. At the evening ses SION
the debate on the repeal OF the resumption
law continued and the house adjourned.
In the House. on the 18th, Mr.. Atkins
reported back the army appropriation bill
the concurrence in some Of the amendments
and the nOn-cOncurrence in others. Mr..
Atkins explained that the senate amend
mentS were mainly mmaterial. The chief
point of difference between the two houses
being the clause limiting the army to 10000
men, and limiting it to 5000. The house
then proceeded to vOte upon the amend
mentS. The senate amendluent ut reducing the
appropriation for expense>s)f the cOmman l.
ing generals office from 50 600 to S2,50O was
cOncurred in. The next amendment was tie
one striking out the clause providing that
four full cavalry regiments shall be kept up
on the Texas frontier and inserting instead
# it provides that cavalry regiments may be
recruited to one hundred men, and that a
sufficient force Of cavalry shall he employed
in the defense of the Texas frontier. The
recommendation of the committee on apprO-
priatiOns was to nOn-cOncur, hut Mr. Foster
meved to concur. Agreed to yeas 40;
nays, 126. The next amendment of the
senate was to insert $4,000 instead Of 10000
in the clause prohibiting the recruiting of
the army beyond that number. MIR. Foster
moved to concur, a vote was taken and re-
sulted-yeas, 1874; nays, $50. The next
amendment of the senate was to strike out
the words " of whom four full cavalry regis
ments shall be kept in the service on the
Mexican frontier in Texas" COncurred in
without opposition. The paragraph now
reads, for the purchase of horses for cavalry
and artillery, and for Indian scouts and for
such infantry as may be mounted, 100000,
provided that cavalry regiments may be re-
cruited to one hundred men in each CON-
Eany and kept as near as possible at that
number and a sufficient force of cavalry shall
be employed in defense of the Mexican and
Indian frontier of Texas. Provided that
nOthIn herein contained shall authorize re
cruiting the number of men on the army
rolls, Including Indian scouts and hospital
stewards beyond $4,000. The amendment
striking out the appropriation of $4,000 for
the conversion of ten-inch smooth bOyes into
rifles was nOn-cOncurred in. The bill now
goes back to the senate for action on such
amendments as were nos cOncurred in. Mr.
Stephens introduced bill for the financial
relief of the country and to facilitate the
return to specie payments without iBjuri-
ously affecting the commercial business and
general interests of the people Referred.
1t provides that the secretary Of the treasury
shall have prepared an issue Of eZchequeT
bills Of various denominations TO the amount
OF $3.50, 100000, and that they shall lie used
for the redemption and payment Of OutStand-
ing legal tender notes, and that such exche-
queT bills shall be receivable IN payment of
all public and private dues, and shall be
fuLdable in three per cent. bonds 1t directs
! the secretary to give public notice OF the
proposed redemption of the legal tenders
| nd 10 redeem them IN the ezcAeq bills
| when presented in the sum $50 and its null
| tiplies, which exchange shall continue until
| the 1st of January, 1879. IL also provides
| for series OF three per cent. bonds payable
/ in coin in thirty years, after which the bonds
re to be sold for exchanged At par for com
/ or exchequer bills, and are to be also eX-
ChangeablC after the first Of January, 1879,
I for such leEal tenders a. NAV be OutStand-
/ ing. it provides that all eLchequer bills and
] loans received IN psymeat for these three
! per cent. toud- hal bc used IN retiring out
! standing bonds bearing higher rate Of inter
| est, aud ~ order 10 meet the interest which
! Is payable In coin until The exchequer bills
and coin be On 2 par, the secretary IS re
/ quired TO procure coin by the sale in Eu
rope, or elsewhere, Of ur aud four and a
/ half per cent. bonds already authorized. Il
! empowers the national banks 20 hold their
! legal reserves il three per cent. bonds, and
! provides their stock shall not be assessed bv