The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-02-19


In silver That would disburss good sum, anyhow.
Mr.. southard OF Ohio thought that Secretary sher.
man had abandoned tho Specie Resumption act as .
dead letter.
Inquiries were at once made BY half dozen gen.
tlemen to whore the Speaker got this Information
to whom had tho Secretary said that looked
upon the Resumption act rs imperative impract-
cable. rhc gentleman from Ohio did not enlighten
the meeting on this point, and Mr. Ewing, resuming.
said that he looked upon the Senate amen ments as
delusop, cheat and a snare.
Mr.. Haskell, or Kansas, contended that quite re-
Gently the Secretary OF the Treasury and Director
OF the Mint had said that they would food
the couLtry with the 'Dolar OF our Dad
dies" II the bill became . law, making
4l2K grams silver dollar; that the best way
to mako bad Law obnoxious to the people TO en-
force t-that Is, TO give the large dose Of
remonetzed silver as the capacity OF the mLts would
allow That would boat the provisons OF the bill be-
fore the second session OF this Congress.
Mr. Ewing tried 10 conclude his remarks, still OBJ
jecting to the BILL He believed that the passage Of
the measure as Il came from tho Senate would be a
victory for Wall street, and In our enth usiasm we
ought not to be go greedy AZ to grab at anything.
There was but very little silver the country and It
might DO that tho passage Of this bill would have
tendency to lessen the stock in hand. He was op-
posed to 1t and would not vote for It.
General Butler said that he had but few words to
say II tho bill was satisfactory In every particular he
would not vote for the pending notion The question
was, What should we do tomorrow He said that he
was the only gentleman present who represented
n constituency two-thirds OF whom were op-
posed to tho Silver bill In any form. His pco-
pie needed enlightenment and the only way
Tor them to get Il was to read a debate
In the House We have strength enough 70
ntQQ
In my opinion, DO very unwiss 10 pass any bill now
without debate Our enemies say that We are afraid
ofdebae. He did not think 50 On tho contrary. he
believed that every day the scheme becoming
stronger and stronger. II might DO suspected how.
ever that there was some, hing wrong II the House
fused to debate the The people needed edu-
cation moro than Congressman, and II for that
that he favored dsbate-the fullest that could
be desired Something had been said about proba-
bic veto Would 1t not be D. valid objection II the
House refuses TO debate the meRsure2 Were no
President he thought no would, in returning the bill
to Congress, say that he did because he was not
sufficiently enlightened. Now We ought not to give
the President SO good excuse
Mr.. Butler then proceeded to give his reasons for
wanting time to consider tho bill IL came from the
Senate. In tho FIRST place, thero was practically
nothing eft OF the Bland bill but It's reputation and
It's title. He surprised to find in It
clause which would the reconciliation
OF silver OF effect It In that part the first
section where It provides that silver shall legal
tonder, scxcept when otherwise expressly stipulated
In the contract" Now. tho effect Of this provision
would be TO unite tho national banks In solid pha.
anx against receiving silver every OCCASION and in
that way your silver would be worthiesa Practically
then, tho same bill which proposes to renons.ze
silver gives the banking associations tho power
10 restrict It's use. Again, the Limitation
OF coming silver 10 not the reconciliation
OF silver as contemplated BY the original
bill For these tho House ought not to make
haste. Let the bill be referred tho mittec on
Banking and Currency and DO fully considered by
that committee. II II reports amendments, let US
vote sodly for them. If 1t recommends concurrence
in the Senate amendments. very we'll Then lot US
vote with giants strength Tor the recommenda-
lion OF tho committee. Nothing Is 70 be gained by
haste In his opinion rushing tho bill through with
debate would give at best barron victory II NO
good results followed the people would decry our
effort and expose the leaders Of the measure to ridi.
ouio. Patient debate will avoid all mistake, or At least
shall be guilty Of lower after calm dcbera-
ton.
General Butler concluded BY showing that tho Sen.
ate bill stii made gold the siaudxrd, which the
very opposite OF the intention OF the Bland bill as It
passed the House Holders OF gold bullion could de-
uuToun00
its value would be promptly ascertancd and certi1
issued for the amount OF its value. But
the Senate bill allowed only silver dollars to DO depos
ied Silver bullion. If doubly refined, could not DO
deposited THIS great objection Therefore what
done ought 10 be done slowly, and not with
o haste that would indicate that grabbing Tor
something which fearful will cude our grasp.
Messrs. Fort Wilson, Phillips and Robbins urged
their views Tor ana against in the senate
amendments, when Mr.. Southland, of Ohio. moved,
aud Mr.. McMahon. OF the same State seconded the
motion that the resolution OF Mr.. Eden, as amended
by Mr. Wright, be further amended by instructing
Mr.. Buckner for the reference OF tho bill to
tho Committee on Banking and Currency. When tho
meeting opened there PROBABLY not
half dozen members who would havo lis
tened such a suggestion. The sentiment was
unqucstionabiy in favor Of debate and prompt
concurrence. There at least three resolutions
ready TO DO offered advocating prompt action In that
direction The outspoken opposition Of General
Ewing, followed by tho critical aud effective points OF
General Butler, not only made the motion Of Mr.
Southland acceptable. but amer IL was understood,
members discouraged iurihor debate and loudly de.
manded tina, vote should be taken. With scarcely a
dissenting the motion refer was carried and
the meeting adjourned.
Alter the adjournment thero was an informal CON.
sideraton to what shape tho bill would assume
before the Banking and Currency Committee. II was
stated that the committee would not be called in
regular order for weeks This objection was dis
posed Of by tho statement that . motion to suspend
tho rules to allow tho committee to report at any
time could be made next Monday; and, as the Silver
bill had than two-thirds suppors. the suspension
OF the rules could Do followed by tho report Of tho
committee on that day or whenever tho committee
rcady.
COURSE OF THE OPPONENTS OF THE SILVER
BILL IN THE HoUsE-MR. GARFIELD ON THE
MEASURE AND ITS SUPPORTERS.
General Garfield, alter conversation with his friends
the republican side, Is Of the opinion that they
will decide not to offer factous opposition ut all
the Silver bill; but as Its advocates have SO much
strength In tho House he thinks II Is better to let