The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1878-09-11
.-,.., 1,on,oeratic Record ON the
my Greenback Question.
I Froln illo OIaTksbnrg Ne9s.I

I
rFro,n the clarksbuTg Nsgs.l
We have been telling our readers
that the Democratic party has bat
tied in Congress, on the stump and
u the polls from the beginning, to
maintain the greenback dollar, tax
government bonds and to prevent
the financial depression that has
come upon the country, and that up.
on these questions the party has been
about unanimous in favor Of the re-
lief measures for which the people
are now struggling. The following
extract from a speech delived by the
Hon. John E. Kenna, proves our pc.
sition. ALI that Mr.. Kenna has said
on the subject is verified by the Off
cial records of Congress; we have
seen that record ourself and know it
is official and true, and for the truth
Of what follows we refer to it;
TAXATION OF THE BONDS.
On the 2Sth day Of June, 1862, the
question of concurring in Senate
amendments to an act creating bonds,
&C., was before the House. Mr.. Hol.
man, democrat, offered the follow
ing provision:
Proraled, That nothing in this act
shall impair the right Of the State "a
tax the bonds, notes, and other obli'
cations issued under this act.
sixty.three democrats voted for
this righteous amendment and not
one voted against it. ofthe repub'
licans, only eight voted FAYE" and
seventy-seyen voted "no." Thus the
republican party defeated in the
House the proposition to tax bonds
The act above referred to was the or,
iginal act creating. the bonds, and
democrats wanted to tax them in the
beginning.
THE NATIONAL BANK SYSTEM.
In February, 1868, the bill was
pending for the charter of the ma
tional banks. The vote was taken
in the Senate on the 18th and in the
House on the goth of that month";
The bill involved the inauguration
of a system which is as cordially ha-
ted by the masses of our people as
ever was a measure hostile TO their
interests. On its passage in the
Senate the democrats voted "ay" 2
and mo" 70, which was six to one
against the system, In the House
the Democrats voted say" 8 and "no"
AZ, making fourteen to one against
it. But who passed this bill and
created the national banks? In the
Senate the republicans voted mo" 8
and aye" 81, constituting q majori-
ty of more than two to one in its fa-
vor In the House the Democrats
voted against it; the republicans
voted mo" % and "aye" 70,
making over three to one in its ia
vor. Thus the republican party
foisted upon the country the nations
al bank system.
THE SUPPLEMENTAL BANK BILL.
On April IS, 1864, what is known
rs the supplemental national'bank
bill was before Congress. 1t was a
repetition of the evils Of the charter
act, and was intended to foster and
perpetuate the national-bank system.
| The democrats voted in the House,
IS solid mo" The republicans vo-
ted "ay" so, and mo-" only l. In
the Senate the democrats voted, Z
solid "no." The republicans voted
"no" 2 and "aye" 80. Thus the re-
publican party passed this objection.
able act. On the same day, when
Mr.. Arnold offered in the House a
resolution to provide for taxing State
banks, Mr.. Randall, democrat, offer.
ed to amend by providing for the
TAXATION OF NATIONAL BANKS,
Notwithstanding that Samuel j.
Randall, who is now Speaker of this
House, stands and stood then among
the first parliamcntarians on the
continent, on this resolution to tax
national banks q republican Speak
er, in the interest Of the money pow
err, arbitrarily ruled him tout Of or
der" Every member familiar with
the history Of this body knows how
potent is the voice of the Speaker fol
veal or for woe, On this occasion il
was invoked for the defeat Of q right
eous measure and thus the repnbli'
can party through its republican
Speaker denied even q hearing oil
the cause.
In March, 1860, when the "act tc
strengthen the public credit" which
ought to have been entitled
AN ACT TO swlSDLn THE PEOPLE,
came up for consideration, debate was
cutoff. Althoughit declared the cur
rency Indebtedness Of the country tc
be payable in coin, and added $500
100000 to the public debt, it was