The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1878-01-17
TRLEGRAPHIC NEWS.

4
protection and security to the shipping
trade, commerce and slluvial lands o.
the Mississippi river.
Senator Kellogg also introduced {
bill to provide for q steamship line be
tween New Orleans and certain point.
a Mexico. This is the same bill which
passed the Senate in 1870 and again in
1872, but was lost In the House.
Senator Matthews's resolution was
resumed.
4 Senator Beck, of Kentucky, spoke
in favor Of the reconciliation of silver,
though he did not favor the Bland bill
as it came from the House of Repre-
sentstiVes. He thought the Senate Com
mittee on Finance did right in striking
out of the House bill the clause allowing
any owner of silver bullion to deposit
the same at the mint to be coined into
dollars for his benefit. He argued that
Germany had demonetized SILVER and
much of it was for sale in that coun-
try at reduced prices. Had this clause
been allowed to remain in the bill the
German government could bring bull
lion to this country worth SAG, 000, 900
aud receive $50, 900, 900 for it. He
spoke of the act of 1873 demonetizing
silver as unconstitutional and vicious,
and reviewed at some length the finan-
cial legislation of the government.
Silver always had been a coin of the
country, and the decentralization of it
deprived the people of one-half of the
means with which to pay their debts.
He believed in maintaining the national
faith, but at the same time the people
should not be deprived of their legal
and constitutional rights.
SENATE-Senator Davis, of Illinois,
presented the petition Of 400 bankers
and business men of Chicago, Illinois,
in favor of retaining gold as single
standard OF value, and against the re-
peal of the specie resumption act. He
spoke of the high standing of the
signers of this petition, but said
that, in his own opinion, their
views were entertained only by q
very small percentage of the populs-
ton of that city. He also presented
the proceedings of a meeting held at
Bloomington, Illinois, his place Of
| residence, in favor of reconciliation
of the silver dollar, and in presenting
them said he had no agency IN getting
| up this meeting, but he believed its
proceedings expressed the opinion of
the people of the whole county, which
was the fourth in population in that
State. Referred to the Committee on
Finance.
Senator Edmunds, of Vermont, sub
mitted a lengthy amendment to the
preamble of the resolution introduced
by Senator Matthews, of Ohio, before
the recess, declaring the right of the
government to pay its bonds in silver,
etc. The amendment sets forth that
the SILVER dollar of the United States
had been long obsolete when the eX
istiDg loans of the United States were
authorized; that gold ever has been
the only lawful coin, and that Con-
gress should nat legislate to make
money at the expense of its creditors !;
that it was the highest obligation of
the United States to pay its debts in
such coin as its conditions expressed
would be paid, and that it would be
unjust to compel them, or lsborIng
men either, to receive silver dollars or
any debased money. Laid on the table
and ordered printed. The resolution
to which it is proposed as an amend
ment now being before the Senate, the
| Senate resumed the consideration of
the resolution of Senator Matthews,
| declaring the right of the government
to pay bonds in silver.
NEW York, January 9.-The annual
meeting of the Bar Association elected
Eyarts President and Tilden Vice
| President.
TRENTON, January 15.-Ex-Gover-
nor Bidle and Senators Sewell and
Ludlow walked into the Capitol with
Gen. Mcclellan, while the band played
sHail to the Chief" When the party
had assembled, and order was restored,
Rev. John Hale, D. D., of this city,
offered prayer. The oath of office
was then administered by Chief Justice
Bessly. Governor Bidle, in neat adj
dress, presented to Governor MeClel-
Ian the great seal of the State. 1t was
received with few words. Governor
Mcclellan then delivered his inaugural
in clear tone, which was listened to
with great attention, and frequently
applauded. AS soon as the inaugural
was finished, the mass of the people
gradually moved off, and the Governor
repaired to the executive chamber.
Trenton has never seen so large crowd
of people. Every hotel is overrun. 1t
has been really q great occasion.
| WASHINGTON, January 15.-The to-
bacco delegations from various sec
tions at their meeting yesterday formed
themselves into a national board, with
George G. Ayres, of Danville, presl-
dent; Charles II. Conrad, of Danville,
secretary, and FIVE vice presidents, as
follows: B. F. Bartlett, of Baltimore ;
Harry Messenger, of Louisville; Col.
Butler, of st. Louis; L. H. Frayzer, of
Richmond; Julian s. Carr, of Durham,
North Carolina. The national COM
mittee will meet Mr.. Wood, chairman
OF the House Committee on Ways and
Means, during the day, and also the
Commissioner of Internal Revenue,
and Mr.. Kimbal!, superintendent of
the tobacco department of the Treas
ury.
NEW York, January 15.-The liablli.
ties OF Day, Hoagland & Stiger, whose
failure was reported yesterday, are
$175, 900.
CINCINNATI, January 15.-John Az
pei & Co., pork packers, and Joseph
81. Snodgrass & Co., wholesale grocers,
made an assignment yesterday.
SAVANNAH, Ga, January 15.-Har-
ley, who was shot in duel Saturday,
is still alive. His physicians say he
can't survive the night. HIS wife has
arrived.
SAVANNAH, Ca, January 15.-The
delegations from st. Louis, Cairo,
Memphis, Nashville, Hopkinsyille,
Ky. Chattanooga, Augusta, Ca, and
other places have arrived. The excur-
sionists leave for Havana on q steamer
this morning.
WASHINGTON, January 15.-The Vice
President laid before the Senate
number Of resolutions adopted by the
Union League Club of New York, at
its annual meeting on the tenth in
slant, approving any legislation which
will tend TO postpone the resumption
Of specie payments and the coinage VI
silver to an unlimited extent. Re-
ferred 10 Committee on Finance.
The United States flagship Hart
ford arrived at Rio Janeiro on the thir-
teenth. She should leave for Monte
vedio on the seventeenth.
BOSTON, January 15.-The erispin
troubles have broken out in Marlboro,
Massachusetts,, where q strike occurred
yesterday in the large shops of s.
Boyd, Corey g. Houst, How ]. Boyd