The daily gazette., 1878-01-23
SECOND EDITION
THE CAUCUS ON THE SILVER
QUESTION.
Gen. II. r. BatIer's speech.

~ohs Ne E' nuther's speech.
The following is the full text Of Gen.
b. +. Buffers speech on the caucus of
the members of the House OF Repre-
sentatives. on Monday In Washing
ton:
General Butler next took the floor,
and spoke substantially as follows:-
He did no. doubt that the time would
come when all the money necessary
for the business Of the country would
be issued by the Government of the
United States, but he thought 1t more
important now that the good work this
day begun should not be embarrassed
with unnecessary propositions. The
efhclency Of the Organization could be
greatly increased by making friends
outside of the halls of Congress. and it
WAS true that very many OF the national
banks were in full SYM m2athy with the
first two named objects OF the call.
He regarded the reconciliation Of sil-
yer as carrying with it the repeal Of
the Resumption act, and this was the
most important measure before the
country. The sentiment in favor of
reconciliation was growing stronger
every day, The people were for 1t,
and when this was accomplished these
clamoring for resumption could not
ask it. rhe government would then
have provided itself with means Of de-
fence whenever greenbacks were pre-
sented for redemption. He was in
favor of makirs greenbasks as good as
gold and equal to GOLD in. Value, but he
did not believe in their being redeem
able 10 gold. Ii they were redeema>
bic In gold every person would then
gather them up and demand gold, which
would certainly causcsuspeusiOnand
embarrassment. He said that though
but eleven months remained till the
day would be at hand which was fixed
for resumption none of the national
banks were making any preparation
for resumptiop. On the contrary, they
expected when their bills were present
ed to hand them over to the govera-
ment, take up their bonds and make
the government responsible for pro-
curing gold enough to redeem them.
But remonetize silver and the problem
was solved. General Butler continu-
ed
THE PRESIDENTS VETO.
1t is said that the President will veto
the Silver bill. do not know what
authority there is for such a statement
but 1t Is safe TO assume from his sur
roundings that he will veto such bill
as will be passed by Congress. l say
that 1t appears from the information IN
my possession that we may expect him
to veto any bill expressing the views of
the majority of the members of both
houses. What then is to be done? A
two-thirds veto cannot always be reli ed
upon, even in the midst of popular de-
mand and great national necessity
What, then, remains to be done? If the
President of the United States should
deem it his duty in exercising the veto
power to prevent the enactment of law
undoubtedly demanded by large ma
jority of the people of the country, it
would be the duty of the representatives
of the people to resort to the power re-
posed in them, and how can this be most
clearly and forcibly done? Plainly by
refusing to vote one dollar of supplies to
the movement, or, rather, making the
appropriations for carrying on the gov
ernment conditioned on the passage of
the Silver bill or such measures as are
demanded by the people. In that crisis
shall favor lacking on TO every appro-
priation bill the vetoed measure and stand
by The Withholding OF money until it be-
comes a law.
This was said by peculiar emphasis,
which is marked characteristic of Mr..
Buffers style. when he is determined, ,and
his hearers received it with rounds of
applause.
THE FORT RESOLUTION ADOPTED.
The Fort resolution was then adopted
and Mr., Buckner was chosen president:
Mr.. Phillips, secretary, and Mr.. Ria,trea-
surer of the organization.
The chair was authorized to appoint
an executive committee of seven TO ad-
vance the interests of the association, and
another committee of seven on finance,
to collect funds for the circulation of
documents favoring the cause.
Some general conversation ensued in
advocacy Of union of members OF tho
the Senate with the organization, and
the opinion was expressed that those
Senators who were in sympathy with its
objects would join with the M embers of
the House.
APPROPRIATIONS IN SILVER.
Mr. Harrison, of Chicago, democrat,
offered a resolution asking the sense of
the meeting on proposition making the
payment Of moneys for the ensuing fiscal
year in silver dollars of 4l2t grains each,
and requiring the Secretary Of the Treas
ury to provide the coin for the purpose,
the said coin to be legal tender for all
debts, public and private. The question |
was raised that it would require a sus-
pension Of the rules to put IL in an ap- |
preparation bill, but Mr.. Harrison and !
some others thought that the score of |
economy would save it. He did not,
however, care to press 10, and the chair
mau ruled that It could not be regarded
at this time as pertinent to the object for
which they had assembled.
The meeting then adjourned subject to
the call of the chairman. 1t was stated
that on an amendment of the Appropri-
alton bills, In the event of vote of the
Silver bill, over one hundred and fifty |
would vote with the members |
league. 1t was also suggested that the |
Post Office bill had better be excepted |
from the number, as that bill was im> |
portant to the people and the failure to |
would only depriye the neo-