Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1878-03-21
TERMS, $500 PER YEAR
WHOLE NO. 1913.

those advocates of s'fiat money is beginning &c
appear We had it in powerful speech made
BY the gentleman from Massachusetts, IMr
Butlerl few days since. in which he said:
/ want that dollar stamped upon some convenient
and cheap material Of the least possible intrinsic val
ue that neither its wear nor its destruction will
be any loss to the Government issuing it.
also desire the doiia. to be made OF such material
for the purpose that shall be exported de-
siable carry Of sise country. Framing Amer
lean system of finance 30 not propose to adapt ii
the wants Of any other nation and especially the Chi
nese, who are nearly one-quarter OF the world.
desire that the dollar issued shall never be
deemed,
This is the new battleline on which these
champions of the new American system of f.
nance challenge all men o. both parties who
believe in gold and silver and paper exchange
able for them TO join issue. They wish to
strike from our law the nations promise and
pledge TO redeem its notes They wish to SUE
persede the barbarism of gold and silver by a
coinage of paper, and in the kingdom to be,
when paper, wild, shoreess worthless and
bottomless has become the currency of the
coaatsy, .hen will the time arrive, welcomed
by the apostles OF the new finance, when our
bonds sfAii not only come back to this courl-
try hut shall depreciate TO fifty cents on the
dollar. This IS the very essence Of commun-
ism.
For years the gentleman from Pennsylvania
has advocated a non-exportaole currency
"Non.exportable ?" Every damaged manufac-
ture is non-exportable. They want oar eur
rency to be made so bad that no nation under
heaven will touch it. This doctrine of nom
exportability was born in the brain of John
Law and announced by him one hundred and
seventy years ago as clearly a. il has ever
been announced by the gentleman from Penn
sylvania Mr.. Kelley or the distinguished gen
tleman from Massachusetts, Mr.. Batter
IL / read the signs in the political horizon
Alright the time is just at hand when men who
love their country, its honor and its plighte d
faith men of both parties, viii stand together
against this new heresy known as American
finance. II was in the spirit OF this same doe
trine that the gentleman from Pennsylvania
two years ago went to Ohio, to the borders Of
my district, TO the leading town in the dis
trict of my colleague here mr. Mckinley and
at time of strikes in the center Of that great
iron region, when the question between CAPT
tai and labor, between employers and EN-
ployed, had been pushed to the verge of vio
lence, and addressed an excited throng; and,
if the papers did not report him incorrectly,
he warned the mill>owners and capitalists that
the time was not far distant when labor might
take capital by the throat. We came aear
having scenes Of riot awakened by the wild
flash OF his communstic torch.
He sought not only to destroy bis party in
Ohio, but to elect to our governorship a man
who had denounced gold and silver coin as a
barren ideality. The people of his district
were not inclined to forget what he had done
when the elections of last year were coming
on; and there are men now on this floor, who
courteously and tenderly because of his years,
ability and long service, wrote to his people
advising them to trust him again, expressing
the belief that the scenes of 1876 would not
be repeated. And on those assurances he is
here to-day; here to-day to assail those Who
believe in redeeming the pl;ghted promises of
the nation.
On the issue he and his associates raise INV
choice has long since been made. II is an is
sue OF such transcendent Importance that it
may GENDER all others obs olete. It is a strug-
gle Of honos against dishonor; of law against
anarchy; struggle in which the peace and
safety of both employer and employed, Gov
eminent and people may be involved
La such contest care not into what party
the issue lands nae, or in what company it finds
me; when it comes shall stand with the men
who defend the money 81 the constitution and
the faith of this country. APPLAUSE And we
cannot be moment too soon in understand
ing the nature and designs sf those who are
preparing the conflict.
Mr.. Chairman, beg the pardon of the COM
mittee for delaying them from.their appropri-
alton bill by this speech, and specially regret
the necessity which compelled me to make il.
Mr.. Garfield resumed his seat amid great
applause.