The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1877-11-16

in Jkgi.lasing for the resumption Of speci
pSSmentR, was legislRting on an imprac
tJeAbllit9. The lAws Of trade could not b.
tbntrolkd by the wisest governmen,
Green Acks had been denominated as
curse q the country, and yet II was green
backs The rag BABY that had saved thC
UniOH when gold had left the country
The9'the rag baby had stepped forward
and bad kept in the aeld the armies ant
supplied munitions, food aud transporta
tiob. That which served SO well ia wal
wsA not deserving OF the contempt whict
VIZ being heGped upon 1t in peace. Tha
Yhich gave the nation credit 10 ,ht
amount Of S97 1000, 100000 was certAitly
good enough to sustain the credit
Of Two thousand millions. Ele predicted
in spite Of the jeer and scot, that il the
resumption act is TO be maintained the
sutferiDgS 0f the last two years will be
(when compared with the suGerings 10
come Ss light as the chill that bIighta
the tropical plants when com pared With
the arcIi9'cold that builds up mountain.
GUS icebsrgS.
At this point his hour expired, but by
unanimbuS consent time was given him
to Anis 5 his speech
Respuing he asked The House to wipe
out Bat ruinous statute. II stood men.
ace u cOnidence-the steady destroyer OF
credit. It vas a notice 10 every capital
i"tsthaI the body Of money was to be con.
trseted; that the banks must hoard specie
fot resumptibni that prices must fall, and
that therefore TO be sure Of money was to
FURY il IeiJher 10 their own cellars or in
the vaylIJo the banks. In conclusion
he said, repeal that act, restore cont.
dencej slow tramps and millions OF
work khqn and women, who are now
living lin despair, to get to work
on YOUR raw material and sup
ply zach others wants. No matter.
NJ Individual was ever freed from debt
BY jG!eness, and want Of industry. Set
yhei miners Of Pennsylvania and other
eoA States al work ia producing power.
Ii the coal they mine quicken your ma.
chinery.I Let wages be earned by work
Ing people TO enable them to pay their
debts aid to consume dutiable and tax.
able c6m modities. We have gone at this
thingjbull headed and have thus efIectu-
ally disabled ourselves, deprived our
selves Of confidence, impoverished our
people, diminished the revenues OF the
Government and put Ourselves in a po.
sjtion that in the midst Of abundant crops
9ur people are hungry, without cotton
lthe largest crop that we ever produced J
They are naked or in rpgs. Remember
ths! you are to deal with fve thousand
millions Of Indebtedness. You are 10
provide reserve from which every old
woman in Berks county can fll her
stocking. You are to provide
fund from which every hoarder
may draw for boarding. You are to say
to every European creditor, 1--WE will
take the risk Of your mArkets-ot your
necessities Tor gold. We will 30 it higher.
We have got ten or fifteen millions OF
dollars to do it with" Laughter and
Mr.. larizall said the resumption act
had deJlroyed all the business transac.
tionS Of the country and had taken the
money from the pockets ofthe people and
PLACED it 10 the possession Of the Shy.
locks and money lenders. lie defended
Ihs action OF the House in passing the
silver bill, and declared that history
you'd erect for the projectors of the bill
demoneIizlng silver n monument immor.
Ial in its infamy. The financial policy
of the last ten years had been to
kill the people and sustain the
national banks, so that Wall street
might prosper, Reputation was
now the ply II the rich, but wholesale
robbery Fas the well sustained charge by
he poOE The people demanded the re-
peal oi i/the resumption act aud the re-
noneiEstion OF silver. In conclusion,
ne eptered his protest against the whole
inahcial policy OF the Republican party.
pr. Hanna declared himself opposed
'qthe resumption act as it now stood. He
fas not in favor OF wild and reckleSs in
l4tiOn-that was the other extreme,
equally unwise and disastrous "a cniorc-
I'd resumption aud contraction. He was
II favor Of keeping the legal tender cur
'ency intact I'll II have the sano pur-
value as gold. AS a Republican
le Lcorned reputation in behalf Of an
lone.t constituency who would bring their
III, II necessary, aud lay it on the coun.
er OF the Treasury as free Offering, 10
'rder TO sustain the honor Of the country.
He hurled back the charge that the pro.
scIorS 0t tho present bill were taking u |
.ep toward reputation by demanding
be repeal Of the resumption law, aud be |
branded il as unwarFAntGble and untrue
hat the opponents Of the bill character.
1ed legal tender notes as rag money,
md called on the people 10 listen
o the sweet music Of the jingle Of
taudard gold. Rag money, indeed
When that charge came from Bourbon
Democrats who oppo.ed its Issue and the
Government who issued II, was u least
But he would not attempt
0 disown the off'pring Of the Republican
,Srty. It was with these rags that the
Government had been enObed to build |
hips which carried tho United States
lay over every ocean; it waA with these
'sgs that the grHudsst army that ever
'aVlled in defense OF law and right was
:quipped; II was by virtue OF these rags
hat tbe Gag Of ths Union Goaled TO day
,vezfhGCapitol OF the Nation; these rags
'ygfXtnembsr gladly received from the
3Srgesnt'at.Arms. Lsughterl The people
10 not asked for the remoue;ization Of
hIVer, nor for the resumption ac;. The
practical effect Of the resumption act has
,een 10 foster distrust, to impair conf
lence, to lock up currency, 10 paralyse
to shriuk values, to swell the |
lockets Of the State Courts with suits for |
aud swell the dOcketB OF the
United States Courts with petitions 10 |
bankruptcy. Ithad wrought ruin enough.
and, therefore, he was in favor Of i,s re-
peal. Ile appealed to all sideS and scc-
Iionato aid IN removing from the statute
book threat by means Of which labor
ind enterprise had suffered quito enough.
Adjourned,
Great Land suit.
NFw. Ynpr Nopan,ho.I T. EI: