The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1877-11-23

mendacty which invoked all the opprobrious
epithets that ever had been hurled from the
reporters desk. He went on to say that Con-
gress, in legislating for tho resumption Of spe-
Gle payments, was logislating an impo sability.
The laws made could not be controlled by the
wisest Government Greenbacks had been de-
nominated az the curse OF the country, and yet
1t was greenbacks, the "rag baby" that had
saved the Union. When gold, defowered, had
left the country then the "rag baby" had
stepped forward, and had kept in the field the
armies, and had supplied munitions, food and
transportation. That which served 30 well in
war was not deserving Of the contempt which
was being heaped upon it in peace. That
which gave the nation credit to the amount Of
80, TOO, 000, 900 was certainly enough to sustain
the credit of $4,000. 900, 900.
He predicted, in spite of the jeer and scoff,
that II the Resumption act was TO be main
tanned the sufferings OF the last two years
would be when compared with the sufferings
yet TO Gomez as light as the chill that blights
the tropical plants when compared with the
Arctic cold that builds up the mountainous ice
berg.
At this point his hour expired, but unani-
nous consent was given to him to finish his
speech.
Resuming, he asked the House to wipe out
that ruinous statute 1t stood menace TO con-
fidence, the steady destroyer Of credit 1t was
notice to every capitalist that the body Of the
must hoard specie for resumption that prices
must fall and therefore the best use of money
was to bury it either in their own cellars or in
the vaults of the banks.
In conclusion, he said Repeal that act, re-
store confidence, allow the tramps and millions
OF worhngmen and women who are now living
In despair 70 go to work on your raw material
and supply each others wants. No nation, no
individual, was ever freed from debt by idle
ness and want of industry. Set the miners of
Pennsylvania and other coal States at work in
producing power Let the coal they mine
quicken your machinery. Let wages be earned
| by working people to enable them to pay their
debts, and to consume dutiable and taxable
commodities. We have gone at this thing bull
headed, and have thus effectually disabled
| ourselves, deprived ourselves OF confidence,
| impoverished our people, diminished the
revenues Of the Government, and put our
selves in a position that in the midst OF
abundant crops our people are hungry. With
our cotton (the largest crop that we ever pro-
duced) they are naked or in rags Remember
that you are to deal with five thousand millions
of Indebtedness. You are to provide reser-
voir from which every old woman in Berks
| county can fill her stocking. You are to pro-
vide fund from which every boarder may
draw for boarding. You are to say to every
European creditor We take the risk of your
markets, OF your necessities for gold. We will
go it higher. We have got sl0, 0O0, 900 or $15,-
| 100000 to do it with.
Mr.. Hartzell said the Resumption act had de-
stroyed all the business transactions OF the
| country, and had taken money from the
pockets OF the people and placed il in the
| possession of the Shylocks and money
lenders. He defended the action Of the
House in passing the Silver bill and declared
that history would erect for the projectors OF
the bill demonetizing silver a monument i'm
mortal III its infamy. The financial policy of the
last ten years had been to kin the people and
sustain the national banks, 30 that Wall street
| might prosper. "Repudiation was now the
| cry Of the rich, but wholesale robbery was the
| well-sustained charge by the poor. The people
demanded the repeal of the Resumption act
and the reconciliation of silver.
| In conclusion he entered his protest against
the whole financial policy of the Republican
party.
Mr.. Hanna declared himself opposed to the
Resumption law as it now stood. He was not
in favor of wild and reckless imitation. That
was tie other extreme. equally unwise and dis
astrous as enforced resumption and contrac-
ton. He was in favor of keeping the legal
tender cm rency intact until it should have the
same purchasable value as gold. AS Repub-
hcan he scorned the idea of reputation. In
behalf OF an honest constituency, who would
bring their all if necessary and lay ON the
counter OF the treasury as free Offering, in
order TO sustain the honor and credit of the
country he hurled back the charge that the
projectors of the present bill were taking
step toward reputation by demanding the re-
peal OF the Resumption law, and he branded it
as unwarrantable and untrue. The opponents
of the bill characterized the legal-tender noteF
as rag-money. and called upon the people to
listen to the sweet music of jinglmg the single
standard. Rag-money, indeed When that
charge came from the Bourbon Democrats who
opposed the issue, and the Government
who issued it, it was at least consistency,
but he would not attempt to disown the
offspring of the Republican party. II was
with these rags that the Government had been
enabled to build ships which carried the
United States flag over every ocean. 1t was
with these rags that the grandest army that
ever battled in defense of law and right was
equipped. 1t was by virtue of these rags that
the flag Of the Union hoated to-day over the
Capitol Of the nation. These same rags every
member gladly received from the Sergeant at
Arms. ~he people had not asked for
the decentralization of silver nor for
the Resumption act. The practical effect of
the Resumption act has been to foster distrust
to impair confidence, to lock up currency, to
parayze industries to shrink values, to swell
the dockets OF the State courts with suits for
col ection, and to swell the dockets Of the
United States courts with petitions in bank
ruptcy. 1t had wrought ruin enough, and
therefore he was in favor of its repeal He
appealed to all sides and sections to aid in re-
moving from the statute book a threat by
means of which labor and enterprise had suf-
fered unite enough