Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-01-16
RECONCILIATION
MISUNDERSTANDING CONGRESS
Both Houses Considered it Ycstcr.lay-Hap-
py Effort of Voorhcrs In its Advocacy
Points in It's Favor, and the Past Laws of
Congress Distinctly stated-Warning to
Money Etnes-Miscel laneols Business.
Senate.

Congress Distinctly Stated-Warning to
Money kings-NLiscellane Business.
WASHINGTON Jan. ia number of bills
were introduced and referred, among them the
following:
By Senator Dorsey to authorize payment of
fees of counsel for defence of poor persons in
courts of the United States.
BY Senator Davis, to promote immigration
to the United States and for protection of i'm
migrants.
BY Senator Window, for restoration of wages
in the government printing Offices.
Senator McCrary presented the memorial of
the tobacco board Of trade of Louisville favor
ing reducing the tax or manufactured tobacco.
Referred.
Senator Hamlin, from the committee on for
elgn relations, reported favorably on the House
bill to authorize the Secretary of State to afix
the great seal Of the United States to the docu-
nlent entitled Administrators of the United
States Government ct the beginning of its
second century" Passed.
Bills were introduced and referred
BY Senator Spencer, to extend, facilitate and
cheaper the land and water transportation of
trelghts and passengers, and to promote indus
try. and labor without further appropriation of
public property or increase Of the public debt.
the State Grange of Michigan, in favor of the
construction Of q ship canal across the lower
peninsula of Michigan. Referred.
Senator Morrill, submitted an amendment to
tae preamble and resolution of Matthews in re-
gard to the right of the government to pay the
bonds in silver reciting at length the provis-
ions Of the various acts Of Congress pledging the
faith of the government, &C., and said in the
long recital of the acts in the preamble as sub
mitted by the Senator from Ohio, there seemed
to be strange omissions of some of the statutes.
He hoped the Senator would accept his amend
ment. Ordered printed
Senator Hereford submitted the following:
ReSo1red, That the secretary of the treasury
be directed to inform the Senate of the amount
Of government bonds sold since March 4th,
1861, giving the amount of each issue with it's
date thus sold, the net amounts received from
the sale of each issue, and the currency in
which the same was paid any syndicate, person
or persons, for placing the same liz the market,
or for purchasing the same, and in what cur
Iency they were paid. Agreed to.
Senator Mitchell submitted resolution
directing the secretary Of the interior to trans
anit to the Senate copy of the report of Indian
anspcotor Watkins, recommending the estab-
i.shment Of large Indian reservation or ter
r!5ory for the use and occupation of portions or
all reservation Indians now on the various
reservations in the State of Oregon and in tho
territories Of Washington and Idaho, together
with such recommendations as the secretary of
the interior may deem proper to make in refer
ence to stch proposition. Agreed to.
The Vice President laid before the Senate
communication from the Secretary of War
end Stewart Van Vliet, Lieut.. Coils A. Reddy,
hufns Saxton, J. d. Bingham, A. J. Percy and
ii. G. Hodges, for restoration to their proper
places on the army register. Referred.
Senator Kellogg submitted resolution di-
,ecting the secretary Of the Senate to pay John
Ray and VIM. McNillen the compensation and
mileage Of Senators for the unexpired term of
VIM. Pitt Kelleg. in the forty second Congress-
Referred.
Senator Thurman called up the resolution
submitted by him yesterday, instructing the
committee on military affairs to INQUIRE
whether if any, and if any, what legislation is
necessary to increase the annual appropriation
for arming and equipping the militia of the
States and territories to correspond with the
increase in the population since the passage Of
the act of 1903, and also to settle certain war
claims Of the State Of Ohio against the govern
ment.
After some discussion, an amendment was
agreed to providing that said committee shall
make the same inquiry respecting the war
claims and credits Of other Btates of the Union
that furnished troops in aid OF the government
during the late rebellion and as thus amended
the resolution was agreed to.
At the expiration of the morning hour the
r. resolution OF Senator Matthews in regard to
the payment Of bonds in silver was taken up
as unfinished business and then laid aside in
formally that Senator Voorhees, might speak to
the resolution submitted by him before the
holidays, declaring that it is of the highest i'm
nortance that the financial credit Of the gov
eminent be maintained, and in order to be SO
the government itself in ell it's departments
should in good faith keep all it's contracts and
obligations entered into with it's own citizens.
senator Matthews, in expressing his willing
ness to have the resolution laid aside for the
present, gave notice that he would ask the
Senate to vote on it Monday next.
Senator Voorhees, then addressed the Senate
upon the resolution submitted by him. De-
used by those who are ranked on the side Of
grasping wealth. There is no epithet however
base, that Is not in daily use against oil who
venture to believe IS do, that to q great ex-
tent our whole financial system is an organized
crime against the laboring, tax paying men
and women of the United States The great
continuation Of t the wrong and iof the
injustice is that good faith requires it;
those who, finding the monstrous evil embed.
ded IN the laws of their country and seek to
eradicate it by peaceful legislation, are at
violators Of our public faith, enemies of the
national honor, and worse, if possible than
common swindlers. This plea SO loud now in
our ears, has been invoked on behalf of every
wickedness that ever cursed the world. The
usurper invokes it to protect the throne he has
stolen as soon rs he is seated. The tyrant in
>vokes ii to shelter his prerogative, and his no.
bility in turn invoke it in order to live in ease
and splendor off the labor of others.
voorhees, said experience had shown the legal
tender to be the best money that ever circula-
ted. Every government bond which did not
on the face stipulate payment in coin was made
payable by express words in coin or legal tender
notes. This enactment guaranteed to the
American people the right to pay three-fourthe
Of the national debt in the national currency.
u , was the law OF contract when all the $40
bonds. amounting to over $50 millions, were
purchased from the government by the bond
holders and paid for in this currency at par
when it was quoted at from 40 to 60 per cent.
below par in coin. Every one understood the
laws to be as l have stated Mt the time of the
passage In fact the great struggle then was
whether even interest on the bonds have men,
toned should be paid in coin. No one in de-
bate made the slightest pretence or intimation
that the principal Of the bonds was payable in
coin.
During the full term of seven eventful
either political party in any State in the
Union, which makes such assertion.
Mr. Voorhees, alluded to Secretary Sherman
letter of 1868 favoring the payment Of the
bonds In tie same kind of money as bought
them, anNshis subsequent action in procuring
the passage Of the act for the payment of the
bonds in coin, which he said was open repudia-
ton Of the solemn contract and fastened an
extortlon Of not less than 500 million dollars
on the staggering A11ustries Of the country as
speculative profits Of the operation. In the
whole financial history Of the civilized world
no parallel can be found to this audacious deed
Of broken faith, deliberate treachery to the
people, and national dishonesty. 1t stands oui
by itself, towering high above all common
frauds, and dWarfng them in comparison Will
its own vast proportions. It will bear tn,
names of thoRe who enacted it to distant oen