The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1878-01-15
WASHINGTON.
EDMUNDs' AMENDMENT TO MAT.
THEws' RESOLUTION.
Proposed New Cotnage-Civtl Rights
Case Decided-A Grisf OF Jobs
Likely TO be Defeated.
Proposed New Coinage.

Proposed New Coinage.
WASHINGTON, January IA The
House Committee on Coinage, Weights
and Measures to-day referred the bill In
troduced by Mr.. Cox, last week, provid-
ing tor the coinage of FIVE cent pieces,
star dsrd silver, and the discontinuance
of the coinage OF the nickel piece, TO a
subcommittee consisting OF Messrs.
Maist, Clark (Ky.) and Ryan.
Mexican Border Troubles.
The House Committee on Foreign At
fairs held another session this morning
in the matter of the Mexican border
troubles, and heard The statements OF
Lieutenant Colonel Shsfter, in continua-
tion of his former statement, Lieutenant
Bulls and VIM. Schuhsrdt, United
States Commercial Agent at the Mexican
town of Piedrss Negrss There was
nothing new in the testimony.
Executive Nominations.
The President has nominated John z.
Hoge for Postmaster of Cincinnati, and
the following tor United States attorneys:
Lucius G. Northrop, South Carolina; l..
II. Waters, western district of Missouri;
Henry NJ. Harris, Wisconsin; George K
Peck, Kansas.
Combinations.
The Senate has confirmed the follow
inf postmasters Frank O'Nesl, Steu-
benville, Ohio; Benjamin Beach, Muscs
tine, Iowa; l.. +. Klostermsn, Cape
Girardesu, Mo-; r. w. Caswell, Macon
City, No; Henry II. Geiger, Msryville,
Mo.
Edmunds' Amendment TO Matthew'S
Resolution.
The following is the full text of the
amendment 10 Mr.. Matthews resolution,
offered in the Senate to-day by Mr.. Ed
munds:
BE ii enacted, That all bonds of the
United States issued, or authorized TO be
issued, under acts of Congress, are psya-
BILE, principal and interest, in gold coin
or its equivalent, and that any other
payment, without the consent Of the
creditor, would be in violation of the
public faith and in derogatIon of his
rights.
WHEREAS, 1t appears from the rec.
ords OF the mint that the total coinage of
the silver dollar has been SS,045 1888, spd
WHEREAS, The silver dollar OF the
United States had been long absolutely OBJ
so!ete as any substantial part OF the money
of the country which had beenso coined,
mas been almost entirely converted into
other forms of the metal and did not
exist at the tine OF making any of the
existing loans of the United States, or
those from which the existing loans have
been refunded; and,
WHEREAS, By the provisions OF the
coinage act Of 1873, passed on the 18th
of February of that year, and of the re-
vised statutes enacted on the first day OF
that year, all provisions OF the law
authorizing the coinage OF such silver
dollar were repealed; and,
WHEREAS, Since the passage of the
said last named acts the gold coin which,
By esson OF the premises has been the
only existing lawful coin tender
and standard Of value for.all payments
above the sum Of So, as it had been the only
one in fact Tor many years before. The
United States has borrowed in gold coin
from the people of this and other coun-
tries sum not less than 8592,99O, 100, ut
a rate of in terest lower than tnst OF any
loan ever before made by the govern
ment and payable In coin; and
WHEREAS, The holders OF sll govern
ment securities have right TO expect
ban y,nnh tho II Iuit aH Siata
may change its laws so rs in fact TO effect
their interests tsvorsbly, 1t will never
evsde or repeal favorable Legislation for
the purpose or with the effect 70 make
money at the expense OF its creditors;
and
WHEREAS, Differing from the trans
actions OF affairs between private persons,
the public creditors have no means OF
enforcing the payment of their obligs-
tions, and as it is duty OF the highest
obligation on the part OF the United
States TO pay lts debts IN such manner
as TO meet the just expectations OF Its
creditors and TO refrain from taking sd
vantage OF the chespness OF silver by
remonetizlng other obsolete coins, or oo
solete or repealed coinage laws in order
TO provide for payments IN silver; ani
WHEREAS, The substantial present
value OF the silver in dollar OF 4l2!
grains being only 92 per centum Of the
value OF 3 dollar OF gold, 1t would also
be unjust for the law making
power By new legislation TO compel all
private creditors TO receive from their
debtors such a silver dollar st par in pre-
existing debts, and equally unjust and
even more cruel 10 compel great num-
Der OF the citizens OF the United States
who subsist upon the wages OF their
dsily labor 10 receive payment for their
work in money either deprecated or de-
based
Democratic Caucus.