Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-01-16
declaring it to be the opinion Of the House that
the United States notes shall be legal tender in
payment Of duties on imports.

declaring it to be the opinion Of the House that
the United States notes shall be legal tender in
payment of duties on imports.
Mr.. Fry objected.
Mr. Couert offered resolution instructing
the board Of supervising inspectors of steam
boats to examine into and report upon the
merits Of the various ife-saving apparatus
Referred.
MIR. Springer asked leave to introduce and
put upon It's passage a bill to prevent further
contraction Of the currency. 1t provides that
the volume of legal tender notes shall not be
contracted or reduced below the amount of
S35O,OOO,000, and that any surplus of such
notes received or redeemed by the government
which may be in the treasury in excess of sums
required to meet appropriations made by Con-
gress shall be reissued by the Secretary of the
treasury in the purchase of coin for the pay
ment Of coin obligations.
Mr.. Garfald objected to its present consider
alton, and it was referred to the banking and
currency committee.
MIR. Cox, of New York, from the committee
on foreign affairs, reported back bill suspend
ing for ten years the further operation Of sec
ton 1914 Of the revised statutes, which pro-
vides that when citizen of the United States
shall discover guano island, he shall not sell
guano except to citizens of the United States
The provision has already been suspended for
i've years. Passed.
Mr.. Jones, Ohio, from the committee on pub
olution directing the subcommittee of said
committee to proceed to the cities of Chicago,
Providence, Pittsburgh, st. Louis Detroit and
Cleveland for the purose Of ascertaining the
wants of the public service in regard to public
buildings in those cities.
Mr. 6tenger raised the point Of order that
the resolution, as it involved the expenditure
of the public money, must go to the commit
tee of the whole.
The Speaker sustained the point and the
resolution was referred.
Mr.. Reagan, chairman of the committee on
commerce, reported back resolution amending
certain sections of the revised statutes concern
ing commerce and navigation of steam vessels.
Referred to the committee of the whole and
made the special order for Tuesday next.
The House then went into committee of the
whole on the state Of the Union, Hooker in the
chair for general debate, and Mr.. Price adj
dressed the committee in advocacy of the re-
monetization of the silver dollar. He deemed
it as q thing which did not admit Of doubt
that at the time when silver was demonetized
the silver dollar of 1925 grains was more valu-
able than the gold dollar. He argued that it
was to the interest of the United States
to make both gold and silver legal tender for
all debts, public and private, particularly now
when this country was such large producer of
silver. He attributed the great depression in
real estate in Germany, to the demonetizing of
silver by that country. He codtradicted the
tneory that the vast increase In the production
Of silver in this country, had been the cause of
the fall in the value Of that metal and alleged
in denial Of it that India, Japan and China
alone had taken in the course Of trade during
the last year 105,000,0O0 Of silver, which was
about Is, 100000 more than the entire silver
product Of the world. He criticised the SER
mons of Beecher and rockingham and in con
clusion said:
We are laboring to get back to the dollar
which has been tried in every condition, and
under every variety Of circumstances in this
country. 1t has not been found wanting We
are directing our footprints in pathway light
ed by the lamp Of experience. We are not
pioneers. We arc onl, seeking for old paths
made luminous by the footprints of the fathers
Of the republic. They beckon us onward.
They say to US, This is tho way, walk We in
it. He who has been q watchful student Of
history can't mistake his way. If we be atten-
tive listners, we may hear from every passing
breeze that is waited to from the marts of
commerce, from the field Of the husbandman,
from the hum Of the loom, and from the ring
Of the anvil words of encouragement to pursue
steadily the silvery pathway that shall conduct
our nation to the goal Of financial prosperity.
The Committee rose, and the House adjourned