New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-02-11
XLVth CONGRESS--IId SESSION.

REGULAR REPORT OF >1OCEEDINtis.
VIE sTNATE nor IN srS,ION-Np. CHTTTGNDEN
AGAINST 1uE DLAyD BiLL-IIE sIIGs UP THE
SILVER uES-THE HOUSE DEvOrEs THK DAY TO
DEBATE.
HOUSE OF REPRESENTATIVES,.
WASHINGTON, Feb. 1O.-1he session of the
uorse Yesterday was Tor general debate only. Mr.
Hewitt Dem. Aia) occupied the chair AS Speaker pro
,empoTe. There was very small attendance of mem
begs.
The drst speech made by Mr.. Joyce Rep.. VIZ in
advocacy Of years Presidential ;eIln and Of Civil
Service roiolIu
MR.. CHITTENDEN ON SILVER.
SILVER EXTRAVAGANCES ANsWERED-wHY NoT
or OUR GOLD INTO CIRCULATION.
Nj. CHIrrFNDEN G2cp, y. " then spoke against
The Bland bill and in favor of honest coinage. lie
too FOR his the head lines of an account OF silver
mas meeting in Chicago, printed IN The Chicago Tribune
in which the following expressions occurred "The Sill
yer Dolar-Chcaeo Behalf Of TIE Nation Demands its
decentralization" Five thousand Business Men Insist
upon in Mass Meeting Assembled" -" Silver Abolished
through Coucealment Deception and Fraud" THE
Ged Shylocks Denounced for their Unsuitable Greed
and Rapacity" " President Hayes Warped and Mis-
guided ny Interested Constitutional Advisers" Tie
substance of his remarks was rs follows:
No one ntelliccuy objects to ;he silver dollar What
then Is the disturbing question: stripped Of all DISGUISE
It Is simply this; shall the Government of the United
states ccllzc and issue chpred coul That all
is lett worth talking about OF the silver dollar IN other
deus and when captured hurried prison aud dressed
in striped cloth. Now honest men with whom have
commercial relations throughout the civilized world
hoo tASiI breath ana stand ai'Si tendhS pT0pcsi
states that 80 cents worth Of silver uorc css shall
everywheTe under our jurisdiction be icgaender for an
honest gold collar.
Mr. Speaker ask in al seriousness If any currency
legislation can Ne discNditabe than that PROPOSE
tOni II Congress do that has il equal authority
I9l Hnacths Thai two cents worth OF steel OF copper
Is there one ccaT-headed producer Of wheat in all The
West WHO viii deny NY propoSitioni Is there farmer
three oue-ha pecLs are an honest buhcl win you
buy sugar tea. coffee nails ten ounces for pound
thai 80 cents arc an honest collar!
DEMONETZATION NOT SECRET.
The silver dollar Of 4l2l2 grains was domonetized in
1875 not because less, hut because it
worth SIC cents than the gold dollar The gold dol
lar had long been tho regal unit and of value
and in practice the only The silver dollar with
higher bullion value had ceased 70 circulate. Ii was
~ ne cGi5 u u had eSor 70 siniT,sS Tho %siu 'g
tie SILVER dollar or enhance the bullion value the gold
do. ar or to dcmonetze one or the other.
ls75 inclusive. amounted 10 hut $9G9S,7ss 80. TIE
5o362o. More than ten Tor one! such the iacls
II vii be observed from these figures have de
monetizcd gold would have been moustrous
As the isyer dollar had for long time ceased 10 Cir
etlate, and as there signs OF the approaching
depreciation in lis bullion value, is simply absurd to
etzauoD There is not shadow OF reason for II. On
he contrary il i safe TO that il the state oI
Aud vet tie Chicago meeting OF OOo Judge Lawrence
lrcdiuE ana speaking, declared, on the 18Th OF DCCenl
Der last silver abolished through conceaiDent decel-
On the same day of December the venerable Thurlow
Weed. OF Ncw-Nork. published letter III me Ncc ork
Tribune lilorace Grtcleys papeIl IN which he Weed
repeated tvc times IN the space o. half column ;Ia tie
4l2lrsrsn silver dollar was snrrepiiclcusy' secret
Later and more Impressive On cunt OF IT. asSoca
lions mass meeting was held al lloominstou; J. on
about the 2d Of January, which passed resolutions,
Es. mat destroy half Of the money resources OF
dis
rcara Of the general wAre 10 do ihis when forced re-
slai ON Is ~ m1eS1@,o posit' 4, an
country earned this measure by stealth
sNind upon the pc pie which ca" oith cur sc''resi con-
E,sced That the purpose Of ennhnatinr SILVER
aud tercby enhancing ths value Of gol and thus increasing
gold only when by tie PLAIN terms OF The law tey are re-
fc SS 6nodr be- 6ad the terms d, 1hef CONTRACT at
lac expense OF an already ovcrDrgdeled people
cn,cyous utterances of the Chicago and Bloomington
meetings. which have given such rgnaikahe power and
sweep the public opinion of the West. Ny Office j. 10
set the ruth against thc 50 that no public NAN III this
country who has good name TO Keep Tlu venture care
le,sly 10 iudOfse or repeat here or elsewhere, such
1t is an interesting Chronological fact illustrating
the existing confusion and contempt for truth IN the
days prior great meeting ar Chicago aud me coin
cjcal publication OF the Weed letter, Nh Henry l.
year, ending on the 4,h OF March, 1874, member ana
leader Of tbs k9se gave TO the pn0he ron ms 4aIe
demonstrating the 4l2i2 gram dollar which showed that
Aud now 10 bury forever from the prcseIce aud utter
anc, Of fair-nindcd men caumnes OF the Chicago
AID BOOnin eOn meetings in respect to the demonetL-
Of the famous silver dollar necd OHy ad tLut MI
Thlrlow Weed discovered and publicly confessed his
error two OF the pub OF his letter.
and wants additional evidence VII ilnd, by CON
Mr.. Kelley. OF Pennsy yaua and other disngi:hed
Mr. Dawes There were other uterances at the
Chicago lrd Bloomington meetings which require at
teuiicg.
THE sHYLOCKs.
Chc guided shylOcEs denounced for their Unsuitable
greed aud rapacty." Who are the shylocks de-
nouncodi beg the gentlemen who have the honor TO
represent City OF Chicago this floor TO listen while
identify them. I know whereof speak. have them
here hold In my hand me roll OF these Iaaclos is
aud business men, at home ana 3nToad, VINO through
TIE Chamber OF Commerce OF New-Iork gave Chicago
outright round million OF collars III the hour OF her
desoatiOu the very same men VINO have subsequently
loaacd Chicago scores and scores OF OheI millions
vuieh have been hopeicssly squahdered and lost III
r. rol Includes subscriptions and life nsur
en, panes and other corporate custeddhS 81 poor
~. money invested IN Government bonds hut OF inc
M A. l. steward the bulk given 10y active business
U"n intimately connected with the commerce OF our
.rIutfy. how claDlOr with UNCOMMON euhtstlrss
aud unanimlty for the right enjoy common with all
their countfymen gold standard o. currency eady al
LIDO not deny that these contributors almost TO
believe That gold standard and no other Is pracucabe
ply their business education and experience
admit Of no alternative, # they have been successful and
pu' upon the defence % these greedy IN
saiiable." rapacious." "SASluc
Chicago IN is1i aud 81 through he Se%Yoik Cham
Der Of Commerce sioGOO0 were given from abroad.
The sources nom winch these Thousands came are of
WI Isfr.si and I1,isnrite the nnd ~ sat5 -, ,r
thk and spak lightly OF our cOnmercia relations with
Other nations
THE BoNDHotDERs.
Again, the Chicago meeting declared the people
robbed of their earnings the benefit Of the bond
H.