The Hillsborough recorder. [volume] (Hillsborough, N.C.) 1820-1879, 1877-11-28

New YORK talks about gentlesnap on this
side speaking nonsense, and having PAS,
sion and temper. | think. Mr.. Speaker, If |
the gentlemen on the other side would be
less angry il would be better for them.
Why. sir, these gentlemen are only mad /
because with ono Of their gold dollars they
cannot buy twice as much Ms You can with |
une greenback dpllar. That is the caase
Of the anger. l hold il my hand one q.
those greenbacks. Il is of the series OF
1863. When issued. this promise 10 pay
$40 was worth $3.50. II is worth now
$3.50, and set il is dirty rag. 4 sham,
worth nothing 10 eyes jaundiced By yellow
gold. Nosir, my friends are angry because
we arc about to take It out Of their power
10 make one Of their gold dollars worth two
IL greenhacks; or in other words 10 give "
their gold double the purchasing power
which the money Of the people has.
Then there is another thing The gen.
tleman from New York said Yesterday that
il was breach Of faith--and thatis avery
serious caargc-thatit was breach offaith
TO pay these debts new in this money.
Why, sir. lie said ii was Republication
Again point the gentleman to this green
back which Ihold 10 my hand. There it
is. Does it fix any time when il is 20 be
paid II does not. But il promises to pay
$40. o. but, he says. there was leglsla-
ton fixing when it should De paid. But
how WAS that Legislation brought about!
let the gentleman from Pennsylvania Mr.,
Kelly tell. By party caucus, he said,
/ Aud sir, how was the net Of demonetizlpg
silver passed. Nv fraud |? honorable gen
tlemen on that side Of the House have init.
mated as much. ...s,.
In regard to the effects Of the different
modes Of contraction Dir. Davis shows,
/ Now. Mr.. Speaker. let me remind .he
House ihatin 1865. twelve years ago. the
circulating medium OF the country was viz
tually $4,000, 900, 900. for nearly oil the
public debt was then used rs currency
Now itisnUmiEally M more than one third
Of that sum. and really not one-6:ih. And
vet the gentleman says il is all right and all
is going gu we'll.
Mr.. Davis makes Mr.. Cbittenden take
water for an ungenrruus remark, ms follows:
The gentleman from New York made u
remark in spirit Witch | can hardly think
be meant when lie said:
/ why this frantic haste? | am assured
by those who served here when the gentle
men who now control the Iluuse aud the
country we're Oh The other side Of the poto-
mic with iheir guns. that 10 such hurried
. proceedings were tolerated
, What is the meaning Of that. s:rY'
ri Mr.. ChittenieE. meant il as com.
pliment.
Mr.. Davis. lam glad TO hear il
an glad that be meant It as compliment.
\ | am glad that he did not mean 10 stir up
0 old strife that be did not mean, byena like,
j. to dig into the grave and bring up the deaC
. body and gloat upon its stencil. am glsl
a that the gentleman meant il as a compli
/ ment. aud not as intimidation.
J. Mr.. Ihittenden. | used the wrong word
S allow me to correct il. ] meant to 50.
! that used that a. Bit 81 pleasantly.
d Mr. Davis. Of N. G. Well. | an gla'
!. the gentleman used il as bit u pleasan
il try. Perhaps if he had been over here d
Il Bull Run. he would have seen sonetbin.
i. more hnsiy ibsn the ,.oSsage 81 this bill
il want to say to this House aud 10 the Who'll
i country to the gallant soldiers o. the North
E. ern army. as know can say for the 60
j. liant soldiers Of the SDathern army, tb;
tbuse men who had guns IN their hands 81
% now willing to bury the dead past. not
bring up these things again for the purpo'
Of reyiEing old hatreds aud u iBfuencir
ne legislators in any yoie they may baye
es give. s
Mr. Chiitcnden. Allow me half nj
OF mute.
* Mr.. Davis. Of n. q. Certainly.
be Mr. Chittenden. wish 10 say that
~ there is any gentleman on that side of q
as House who supposed that meant in ID
ne sllusion anything unpleasant. withdraw
ard express e,udil!y and earnestly ny !
on greet thai ! should have said word cspab
ne of any such Interpretation.
us hlr. Davis. I nm gIsd the gentlem
70 has male this explanations. because bis p
~ gusge struck me as having been uttered
purpose.
'ot Mr. Chit,enden. II cost me nnthing
q. make this explanation, for il is the ex'
ny truth.
~ OF the effects Of contraction Of Mr.. j
IA Wis says:
Il Mr.. William II. Crawford. Secretary
NJ War ID 1912. used this language:
I'D AL intelligent writersm currency
~ gree that When i j. decreasing ~ aiOOl
X. poverty aid misery must prevail.
M Was there ever i greater truth uttere
4. Dose il not illustrate what is nov beia
u ing this country Docs not poverty prev
ne everywhere. l. not misefy stalking
~ over this londi
aid Mr. Speaker, think that our pres
~. distressed financial condition. u due III
lin first place 70 exclusive privileges secured
Tree toe national banks 10 he second Pie,
arr contraction. snd 10 the last place 70 the
Is moneiizstioD Of silver. Gentlemen
that ali these looked 10 the early resut