The daily intelligencer. [volume] (Seattle, Wash. Territory [i.e. Wash.]) 1876-1881, 1877-12-27

Correspondence Of the N. Y. Grsphic.l
WASHINGTON. Nov. l8.-The Senate
COMMITTEES on Finance had . wild meet
ing to-day. It being the day set apart
for the hearing Of the New York jour-
nalists against the Silver bill, a good
time was anticipated. Presently there
was observed, coming up the street.
arm ic arm, Messrs. Whitelaw Reid.
Dana. George Jones and the editor Of
the Herald. whose face could not be DIS
tinctly seen. Behind them, ss . sup
port were Messrs. Jay Gould, August
Belmont. Storey. of the Chicago Times,
and others not quite 90 we'll known.
Following in the rear were $50 bankers.
brokers and Wall street speculstors,
completely filling up the hall
Senator Jones conducted the cxsmi.
nation of the witnesses in a vigorous
manner. Mr.. Whitelaw Reid first ad-
dressed the committee. He said:
Gentlemen Of the committee: We
have come here from. New York to pro-
test against the crime which you seem
about to commit. The House has
passed bill to remonetize silver. there
by dealing terrible blow 1T our naticn-
al honor. which. if followed up by you.
will result in bankruptcy and repudia-
ton. It has voted that 92 cents shall
make q dollar, hasn't it?
Seuator Jones-If you address the
question to me, ! reply that it has not.
II has voted that 100 cents shall make .
dollar.
Reid-Does not tho Bland bill pro-
vide that the United States bonds may
bs rsdesmed in silver!
Jones-k might have that effect.
What is the promise made on the face Of
the bond.
Reid All foreign nations expect
them to be paid in gold.
Jones-Whst do tho bonds them
selves cay about it.
Rsid-It's reputation, it's down
right reputation.
THAT'S it! that's it," and feeble
cheers from the bankers in the rear OF
the room.
Senstor Joues-what do the bonds
sayY
seid-l never noticed what the bonds
say. ! don't care what the bonds say.
That's nothing to do with il! It's re-
pudiational rspudi- Here the bank
ers oil got upon the benches and gave
nine cheers fn their speaker, and made
. great deal Of noise.
Senator Jones' Young man. you don I
appear to know what you are talking
about. You can step down. Let US
hear somebody else. Reid retires.
somewhat flushed but defiant.
George Jones-I own the New York
Times, and ! say this is dawnable re-
puGation scheme. and anybody that
proposes TO pay any of the bonds in sill
yer is rascally repudiationist! C"Hi
Hi That's the tAlk!" from the back
scAts
Senator Jones--My dear namesake,
do you happen to know what the bonds
say about it. and what the bargain was
when they were sold
George Joncs-I don't know and don't
care. I've got . lot Of 'sm. and the
man Who don't pay ''em in gold is .
thief and . robber!
senator JOneS--On tuo OOpoo t0em.
selves is . pledge Of this government to
redeem them in the coin current at the
time they were sold. which included the
silver dollar OF 4l21S gn,ps. and sps-
cial law OF Congress confirmed the bar.
gain. and the bonds were sold on
that
George Jones (interruptins, II don't
carel This is ss'phistry This il dema-
gogisml This 10 pedantry This is
forgery This is simony. This is big
amy. sir! loud cheers, mingled with
hisssa. fiom the oack seats)
Senator Jones' i understand you 10
say. then. that the bonds must oil be
paid in gold because foreigners expect
il. without regard to ths lsws
George Jones' Yea sir. yes sir. That
is-wby Hooking srourd 1t hankers)
yes sirl do moss decidedly.
Mr.. Dana (vho owns the Ssa) inter-
rupting. and pulliog @. Jones down by
the coat-taiD- Here. Senator. think I
can explain. George 10 comparatively
ignorant. We held that the bonds
must b paid in gold because gold is
the accepted cnrrsncy If the world. re-
coeaissd evsrywhere - the standard Of
0>..e~~ Icr>~ All Thatss Il Ia II