Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-01-17
HoH TT FORKS IRIS wAr 4Loso.
announcement OF Committees In Both
Houses--Speech by Hon. I. Donnelly on
the Silver Question.
Se,.ate-.-sirtA Horkinn Do,,.

from authorities, and made marked impress
sion upon the minds of his hearers, as was
shown in the close attention paid to him
throughout. Our report below shows the
action taken.
The announcement Of the standing COM
mittees was relief to the members, many
OF whom felt natural anxiety as to the po-
s'tlons they would be called upon to fill.
The expression OF opinion was that Presi-
dent Wakefield had exercised good Judgment
in his selections. st. Paul has reason for
congratulation in the fact that her Rapubli-
can Senator, G. D. Gilfllan, has the chair
manship Of the railroad committee, one of
the most important, and also has place in
tho judiciary committee, while Senator Nor
ton, the Democratic Senator, has place Oh
several important committees.
NORMAL SCHOOL BUILDINGS.
sr. Paul, Jan. l6.-On motion of Senator
Drew, the committee on public buildings were
instructed to examine the several State Normal
School buildings, and report such repairs, ii
any. IS are needed to prevent loss oDd destrnc.
ton of property.
BILLS INTRODUCED.
by Senator Mcclure, amending the act re
latlng to foreclosure of mortgages.
BY Senator Smith, to allow Mobiles county to
issue bonds to fund the floating debt Of the
comfy.
BY Senator Rice, allowing the catching OF
hsh in Aandiyohi county with nets at all sea,
soma of tho year. He asked that tho rules BIZ
suspended and the bill put upon it's passage
but objection was made by Senators Mealey
aud Morton. and the bill took its re1ula,
course.
By Senator G. u. Gilfllan, making paupers
IN Ramsey county county charge It makes
paupers charge upon relatives upon penalty
OF tines eolleetable by law, poor only to be
county charges when relatives cannot be found
with means to support such persons.
STANDING COMMITTEES.
President Wakefield announced the follow,
ing committees:
Gillian. Edgerton, Waite, Goodrich, Me
Clure, y. u. Gilt1lsG, and Donnally.
Fnance-Messrs. Page, Pillsbury, Clement
Morton, and Mealey.
Elections-Messra. Hersey, Deuel. Finsath.
Lienau, and Drew.
Claims-Aleasrs Wheat, McHench. Re,nore
Doran and Morehouse.
observation-disclosures Hall, Smith, c. d. Gil.
lillian, Donnelly and Mcdonald.
Public Laws--Messrs Edwards, Swanstronl.
Deuel., Goodrich, Piilsbury. Bonniwell and
Morehouse.
Remore, Hall, Bonniwell and Doran.
Federal Relations-Messrs. Goodrich, SIC
Clure, Clough, Henry and Macdonald.
observation-disclosures inseth, McNelly, Shall
leen, Clough and Donnelly.
Military Affairs--Iessrs. Edgerton, Swan.
strom, Hall, Lienau and Macdonald.
Insurance-Messrs. Clement, J. B. Gilillan,
Qrp0 nIoNollu i
Drew.
Banks-Messrs. Page Armstrong, Morton and
Doran.
Corporations Messrs. Bailey, Rice, Mcclure,
Houlton and Lisnan.
Railroads--Messrs. C. D. Gilfllan, Nelson,
Bailey, Edgerton, Langdon, Goodrich, Hersey,
Rice, Smith, McNelly Donnelly, Bonniwell and
Mealey.
State Reform school-AIessrs. Edgerton, Mel
son, Hersey, Morton aud Doran.
Insane Asylum essrs. McHench; Ahrsns,
Morrison, Henry aud Waite.
Deaf, Dumb and Bind-Messrs. Deuel. OLE
ment, Smith. Finseth and Macdonald.
Town and Counties-hIessrs Smith, Pills
bury, Waldron, Henry and Mealey.
Indian Afairs-Alessre. Swaustaom, QIough.
Ahrens, Henry aud Morehouse.
Public dings-Messrs .Shalleen, McHench,
Edwards, Morton and Drew.
State Prison-Messrs. Waldron, AteNelly,
0OoOI1ous I1oIStyf 0Orau, oouulWell anu Nlealy.
Library-Messrs. Edwards, Clough, Morrison,
Waite and Morehouse.
Printing fllsbury, Bailey, Wheat,
Morton aud Macdonald.
Observation-Disclosures. Remore Deuel. Hall.
Henry and Drew.
Immigration-Messrs. Langdon, Waldron.
Hall, Doran and Lienau.
observation-disclosures Holton, Wheat, Morri.
son, Morehouee and Henry.
Retrenohment and Raform-Messrs. Aherns,
Wheat Rice, Shalleen and Morrison.
Soldiers Orphans-Mes Remore, Edger.
ton. Houlton, Drew and Morton.
Tree Planting-Atessrs. Donnelly, Hail. Rice,
Shalleen and Mealey.
Roads and Bridges-Alessrs. Langdon, Wal.
dron, Ahrens, DOran and Waite.
JOINT COMMITTEE.
Taxes and Tax Lands-Messrs. j. B. Gillian,
Armstrong, Houlton, Nelson, Mealey and Drew.
Grasshopber Observation-Disclosures Rice, Pills
bury, Nelson, Waldroa. Page, Donnelly and
B0nniwell.
State University Macdonald.
Special Committee on Text Books-Messrs.
Lienau, Edgerton. Swanstrom. Donnelly and
Morton.
Mr.. Donnelly on
RECONCILIATION OF SILVER.
The hour for the special order-the resolu-
ton for the RECOMMENDATION of silver and repeal
Of the resumption act-having arrived, MI
0ONuC14y VIUCecuou " speak,. no commenced
by q discussion of the nature Of money.
Baron Storch calls it, The marvellous in
.strument to which we are indebted for ou1
wealth and civilization" Aristotle says: sit
exists not by nature but by law" The re-
markable and very able report of the Senatorial
monetary commission of 1876 says: Money is
the very fibre Of social organism, the vitalizine
force of industry. the pretoplasm Of civiliza-
ton, and as essential to it's existence as oxygen
is to animal life. Without money civilization
could not have had beginning; with dimin-
ishing supply it must languish, and unless re-
ieved, eventually perish"
Mr.. Donnelly proceeded to show that at the
date OF the christian era the total amount OF
gold and silver in circulation in Europe was
81, 500 600 600. That this, by the expectation Of
coin to Asia to pay for articles Of luxury, had
decreased to 5000 600 GOO at the time Of the
discovery of America. That this reduction OF
the volume Of money was the true cause Of the
degradation and torpidity of the Middle Ages,
In which the human mind made not single
step in advance for one thousand years. In
dustry only revived with the discovery OF
America, when the mines Of Peru and Mexico
poured their treasures Of gold and silver into
the lap Of Europe, and the world entered upon
the magnificent development which we still en-
JOY. He illustrated this by q reference to the
shrtnkage of the volume Of money caused by
the Spanish America Revolutions in 1909, and
tho disasters that followed until the discovery
OF gold in California again put new life into
business. From 1909 to 1S49 the purchasing
power OF money increased las per cent,
Or property shrunk l45 per cent. From ls49
to 1865 property rosesl per cent, and money
fell IN the same ratio. Mr. D. then showed the
effect of falling and rising prices upon the
prosperity Of q people. When money is falling
and property rising, labor is employed, new en-
terprises are undertaken, money changes hands
rapidly and growth and prosperity are every