The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1878-02-13

W bptCle phymeub OH purely
gold standard would precipitate an
overwhelming bankruptcy, such as never
was Witnessed before. and result in ruin
both to the debtor and creditor. He had
always opposed the specie resumption act
and would vote for It's modification or
repeal. RemonetiEation Of silver was
the only door through which Te could
resume specie payment. He thought II
was time the Treasury notes be received
for tariff duties and thus their value
would be increased. He opposed the
free coinsge feature Of the House bill,
and thought any gain accruing from the
coinsge Of silver should be covered into
the Treasury Of The United States for the
benefit OF the people. Should q majority
Of the Senate, however, favor the House
bill, he would vote for 1t also and hoped
that future legislation would remedy any
defect that might be found.
The Senate then, at two O'Clock, pro.
ceeded in body TO the Hall Of the House
OF Representatives 10 participate In the
ceremony attending the formal presenta.
tion Of Carpenters picture, " "Signing the
Emancipation Proclamation" !" aud on re-
turning 10 the chamber Mr.. johnson
moved that the Senate proceed TO the con-
alteration Of executive business. Re-
jected, yeas q, nays 20.
Mr.. Butler moved 10 adjourn. Re
jected.
Mr.. Mcpherson then took the floor
and spoke in opposition 10 the silver bill.
He believed the friends OF this bill had
suggested policy which would be inim-
ical 10 the beat interests Of the country,
and the remedy they offered would In
crease rather than mitigate the evils
from which they sought 10 be relieved.
He referred TO the arguments that Gov.
ernment had right 10 pay bonds In ell.
yer, and asked II il was just to pay
the bondholder 10 \ coin worth 10 cents
less than dollar, granting for the sake Of
argument that the bonds were payable in
gold aud silver at the option Of the gov.
ernment. Had not the government by
the act OF 1878, 10 the denomination Of
silver, notified the world that 1t intended
to pay Its bonds in gold andnot in silver.
The enactment Of this bill into u laMwould
drive gold from the country and make ell.
yer the only standard Of value, and un.
certainty and fluciuation would enter into
all affairs OF trade, and capital would
seek other fields. He hoped Congress
would take no step backward.
Mr.. Merriman took the floor, but
yielded TO Mr.. Sargent on whose motion
the Senate went into executive session,
and when the doors were re-opened the
Senate adjourned.
HOUSE.
The galleries were crowded this morn:
ing in anticipation OF the ceremony Of
presenting Carpenters painting Of Presi.
dent Lincoln and reading his emancipa.
tion proclamation TO the Cabinet. The
painting, screened by the national flag.
was hung behind the Speakers chair.
Preparations were also made for the &C
commodation OF the Senators.
Immediately alter the reading oil the
journal a resolution was adopted grant
ing the privilege Of the floor during the
presentation ceremonies to the families
OF the members Of President Lineoln's
Cabinet at the time OF the proclamation.
The HouseIthen went into Committee
Of the Whole, Mr.. Blackburn in the chair,
on the Military Academy Appropriation
Bill.
Mr.. Brigg moved 10 amend the bill so
as TO select the Instructors at Law at the
Academy from the retired list OF. tho
army, Alter debate the amendment was
to.
Mr.. Denison moved to amend by ap-
propriating $50 0,00D for the completion Of
the hospital at West Point, for which no
ia made in the bill. Re-
jected.
The second section Of the bill having
been reached, which provides that ap.
poinlments OF civilians to be 81 lieuten-
ants shall only be made when more vacan-
cies exist than can be filled by the next
graduating class at West Point, Mr.. Con.
ger moved 10 strike ont the section. Pend.
ing which, the committee, without action,
rose.
Soon after the committee rose, and the
Senate and House met in joint convention
and received Carpenters painting Of the
signing Of the emancipation proclama.
tion. Mr.. Garfield made the presentation
speech.
The presentation ceremonie. were
closed with an eloquent speech by Mr..
Stephens.
The Vice President announced the OBJ
ject for which the two houses had con.
vened, and having been accomplished the
Senate would retire to Its own Chamber.
The Senate thersupou retired and the
ceremony closed,
House adjourned.