The People's vindicator., 1878-07-20
Who are Responsible for the Co"ntry's
Troubles.
Washington Gazrttr.]

The Hon. John +. kenna, IN a very
able speech last week, made striking
and f"rcible points on the Radical par
ty, and showed conclusively that they
were solely responsible for the pres
ent condition of affairs in this country.
He says that the Democratic citizen
may point with satisfaction to the
prond record of his party on the tinan-
cial issn+s; that it has opposed, and
the Radical party had passed, all the
measures which have multiplied the
wants and increased the sufferings of
the people. On the 23th of June, 1862,
the question of concuIring in the
Senate ameRdmentto au act creating
bonds, &C.. was before the house,
and Mr.. Holman, a Democrat, offered
the following provision:
Proridrd, That nothing in this act shall
impair the right of the States to tax the
bonds. notes, and other obligations issu-
ed under this act.
Sixty.three Democrats, a|l that
there was voted for the amendment.
Only eight Republicans voted "ay,'
and seventy seven voted emo" Thus
Radica|ism defeated in the House the
proposition to tax the bonds.
In February, 1863, upon the bill to
charter National Banks in the Senate
the Democrats voted "ay" 2, aud "no'
l2, which was six to one against the
system. In the Senate the Radicals
voted "no" 9, and "ay" 81, constitut-
ing a majority Of more than two to one
in its favor, In the House the Demo-
Gratis voted Gay" 3, and "nU Il,
making fourteen to one against it.,
while the Radicals voted "no' %
and cay" 75, making over three to
one in its favor. Thus the Radical
party foisted upon the country the
National Bank system.
ON April Is, 1864, what is known
as the supplemental National Bank
bill WIS before Congress. 1t was in
tended to perpetuate the system. In
the House the Democrats voted 65
solid "no,' and the Radicals "ay' 81,
aud only one "no." In the Senate
the Democrats were again solid asinst
it, and the Radicals "no" 2, and "ay'
30. Hence they are responsible also
for this Objectionable act.
: In March, 1869, when the "act to
strengthen the public credit" come
np for consideration, debate was cut
ntf. Notwithstanding it declared the
| currency Indebtedness Of the country
| 10 be paid in coin, and added $500,
600, 900 to the public debt, it was pass
ed under the "previous question:
the gag law"-it was a gigantic fraud
On its passage Democrats "ay' only
| one, and mo "a the Radicals oily
"uo' II, and lay" 96. The bonds
were payable in green backs, and this
act was to make them payable in
coin.
On March %, 1869. Mr.. Morgan, a
Democrat, offered a resolution to ex-
empt salt, tea, coffee, sugar matches,
and tobacco, and to tax the bonds
This was defeated, Democrats solid
"ay' 80; Radicals solid "uo' l04
Again Radicalism stood BY the money
power and against tie people.
In 1870, the act was pending which
provided for funding the greenback
bonds into coin bonds, and which rob
he'd the people of $5OO,0O0,0O0 On
this occasion the democrats were s"|id
"no" 81, and the Radicals voted "ay'
l39, with only two "noes." In July
1870, when Sherman's proposition
was pending to increase tho National
bank circulation $54, 600, 900, as usual
in all these aggressive measures, the
Democrats voted "aye" only 4, AM,
"no" "a, and the Radicals passed the
bit. On June ID, when the same bill
was pending, Hon. Samuel J. Randall
offered a substitute, which was pro-
posed tc take up the national.bank
notes, and issue $500. 600, 600 in green
backs in their stead. On this meas
nre tie Democrats voted "no' only 6,
and "aye' Al. The Radicals voteG
"aye" only 10, and "uo" los.
| At this same time Mr.. Morgan,
Democrat. offered a substitute, which
provided for the repeating the nation:
a|-baok act and tho substitution o'
S4OO, ,OOO, 900 in greenbacks, with full
legal tender qualities for the nation
al-bauk notes. The Republicans alsc
defeated this, by u vote of 1l6 "noes,
to 81 Democrats "aye."
IN 1872, the following resolution
was presented:
Resolued, That in the opinion Of thu
House the Secretary of the Treasury il
negotiating the loan authorised by tb'
act Of July Ia, 1870, has neither increas
ed the bonded debt nor incurred an ex
penditure contrary to law.
This resolution, given empathic ap
proval to, the Radical ruinous policy
passed the House by a strict part!
vote. The Democrats voted soIidI,
mo-" and the Radicals "aye" 10
In 1879 the act de,nonetizing silve
was passed, bnt not by an lay" AMI
"no" vote. The RECORD does show
however, that Mr.. Hooper, q Radical
moved to suspend the .rules and pas
the bill. He had it in charge. -, :,
! Mr.: Kenna then says: I'VE COM
to that prince Of destroyers, the re
sumption act Of 1875. Like othe
similar acts, it was passed withou
debate. Discussion was cut OF. ~ 4
the House the Democrats voted cold
| " to defeat it, ar d ont Of l6O Republi
cans, only "a voted with tho: Demo
Gratis. The Radical party had th
President and botlI branches of Con
gressf during the period oftle abov
:. enumerated Legislation. Tie firs
!, Democratic House in August, lS7f
raised the banner Of financial ,reforf
by the passage Of q bill to repeal th
resumption act, and as early as Nov
EN- Der S, 1877, passed tho bill to re
monetize silver, which was emascuIa