The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-11-15

- the wild delitium oil war was subsid
ing into reason all announcement wa
Withdrawn, and financial ruin ensued
During the war the bankers Of New Yorl
and those antiquated ShylockS spent ever,
dollar not expended in paying ioi
substitutes in buying United State
bonds, and they became clamorouS iol
contraction. They cared not for the re
sumption Of specie payments; that was 4
pretense they had trumped up, and ths
agitation had sent down The price otlabol
TO starving wages. The gentleman from
New York Chittenden) had said yester
day from his perch (the Clerks desk,
that gamblers, loaiers and bankrupts de-
manded the repeal Of the resumption act
The gentleman from New York must
have Kept q ledger, on one side Of which
the poor man was put, and the man who
owned 5000 or 81, 900 in government se.
curitiea on the other side, the side which
was grinding down the laboring man.
encouragement on the Democratic side. !
As soon as Mr.. Chittenden heard him.
self alluded to in Mr.. Felton's remarks he
crossed over 10 the Democratic aide
Of the House in order 70 hear more dis.
tinctly what was said about him, and
made several attempts 10 interpoSe re.
mari, but was not permitted to do 60, as
he himself gave notice yesterday that be
would NOT allow any Interruptions.
Mr.. FELTON, went on with his denuncia-
tion Of the capitalists. Addressing him
self directly to Mr.. Chiltenden, who was
standing in the aisles ot the Democratic
side (the butt Of the jests and laughter
on that side), he said: And yet
you undertake 10 comfort the country by
telling 1t that all these things will come
right themselves. Yes, I know that these
things will right Themselves when they
have touched the bottomless pit Of de-.
spair and poverty. Look out on that
storm driven ocean. Hurricane and
darkness are upon the deep. Signal guns
are firing every inmate and ships going
down by hundreds. Thousands OF pre-
cious lives have been engulisd, and in
the midst Of all the ruins there tpointius
to Mr.. Chittenden) stands the wrecker
(outburstS Of laughter and applause on
the Democratic side) waiting for the
spoils and assuring those in peril Of de-
struction that all these things will right
themselves. CONTINUED applause on the
Democratic side.)
Mr.. Chittenden (still standing on the
Democratic side asked 3 minute to reply
to Mr.. FELTON,.
Mr.. Douglass-No. Not half a minute
to the wrecker. Laughter and noisy
demonstrations.
Mr.. Tucker proposed, jOcularly, to
have recess of few minutes until some
restoratiyes can be applied to the corpse
Of New York, (meaning Chittenden).
Mr.. Hnrdenbergh, who was entitled 10
the floor, yielded Eve minutes OF his time
to Chittenden.
Mr.. Chittenden, speaking from his own
seat, said: l will not return 10 the argu.
ment. There Is no man who knows my
life who does not know that when vent
TO that unusual place, the Clerks desk, to
speak yesterday, went there to speak
the truth according as l understood it.
The gentleman has. referred 10 me as q
capitalist as owning government bonds,
and, therefore, as interested in this mat.
ter, it is more than eight years since
have beeu able to hold or own q govern.
nent bond, and although spoke Of ma.
tional banks, l parted with the last share
Of stock owned in national bank Eve
years ago. l do not make this statement
to conciliate anybody, but make it to
explain and expose 10 the world that
idea. The question before the House Is
before the world. It is question now
whether the credit, honor and integrity
Of the American people before all man.
kind shall be sunk into the bottomless pit.
Therefore, any man who aims blow at
me as u holder Of government securities,
as being interested in q national bank,
mistakes his mark. / have not come
here and dared 10 utter anything on that
subject which / have not considered. II
l had time | could expose the fallscies,
misstatements, theories, the nonsense Of
the last speaker.
Mr.. Felton-So no man who Ia capable
OF forming an honeSt, Judicial, opinion on
any great question can possibly make any
mistake about It. There was meyer in 4
discussion-in a deliberatiye body-as
has been shown in this discusaion-so
much ignorance, so much passion, 30
much Of that spirit which will surely de-
stroy the integrity Of this nation, 90 much
that was absolutely wrong, Absolutely ru-
inous, and leading only 10 utter dishonor.
Applause on the Republican side.
Mr.. Hardenbergh made an appeal, "a 4
member Of the Banking Committee, for
rational honor and national faith, that 1t
would be poor spectacle to give 10 the
world that government, founded on the
liberties Of men, was unable to redeem its
promises. 1t is the pledged faith; that
Congress must build up and not destroy.
Mr.. Bacon said the country was now In
condition to resume, end II no obsta-
cles were interposed 1t would soon arrive
at that much desired result.
Mr.. Townsend, Of New York, said re.
sumption has come within hairs
breadth. The national imports last year
were less than the exports BY SlS3, 900, 700.
Il was this that had carried down gold
toward greenbacks by some s per cent.
The crops OF the year would next year
bring $3.50, ,00O, 900 from Europe, and that
would do the rest Of it. There was an
abundance Of crops in this country, such
as 1t never had before. North and west
Of the Ohio, north Of the Missouri and
north Of the Kansas rivers there were
10000 million bushels OF corn, The
country had crop Of wheat such as it
never had before, and crop Of cotton
equal to the best Europe must have it
and must pay for it. The country must
enjoy this prosperity III spite Of mistaken
politicians, political harpiea and self.
styled friends Of the people. Laughter. !
Mr.. Cox asked Mr.. Townsend whether
he considered that the passage Of the
silver bill was or was not step toward
resumption, and whether he did not be.
lieye that silver was coin according to
the Constitution, and therefore that the
public debt could be paid In silver. e
Mr.. ToWnsendsaid that when the bonds
were negotiated both silver and gold were
the coin Of the country. He had no doubt
OF the moral and political propriety of
paying the national bonds and private
debts contracted before 1873 with what
was the coin Of the country st the time
when those debs were contracted; but he
was not in favor Of coming silver to an
unlimited extent.
After further debate the matter vent
over without action, and the House ad-
journsd.