New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-02-27


The object of the gentleman from Ohio lMr Garfield
as well as the gentleman from Maine tMr Hale was too
clear to be misunderstood IL was cunning and
fully prepared assault on the Southern policy Of The
Predsn They had Intended either to Gr ne the p ps
the Republican party further from tne pIesiIsnt
men some declaration Of hostility toward the title Of the
President in hopes that that would only ALLEVIATE him
from them but also afford another evidence of Southern
At this point, Mr. REGAIN tDem, TeIap interposed
point that the gentleman from Mississippi was
not making personal explanation and he thought days
enough had been wasted IN this unprotaSe discussion
aayed and that could not be done by cnltiyatng polt
After some little discussion, Mr.. CHALMERS was al
| lowed to proceed. He said: 49,
Republican party by making war on the President The
Democratic parry d satisfied with President Hayes He
The gentleman from Maine Cir, Hale) had condOled
that the North is deeply impressed with the in
However. Impressed with the belief that tho Returning
Board could be trusted, and that some OF the visiting
from Ohio ir Garfield had protested against prose
euton of the Returning Board for three reasons; fIrs
because the lives OF the COnedefates had been spared
secondly because of the c0ncatory policy OF the tres
dent and thirdly because OF implied promises 70 ,s ene
spared, the gentleman from ONO Thought that t1e sina
President HAYES has shown himself honorable
upright and The President does not deserve
stands in marked the action Of his predeces
sor The speaker was unwilling 10 see any novemen.
the President, ana ii he iMr Cnainefsl were tne GOV
of Louisiana. he should not hestate 10 pardon
| soon they we're convicted $1,000,
The gentleman from Ohio OR. Garfled) had stated
that the prosecution OF Anderson was but the beginning
OF war the title OF the President That statement
was only the opening note OF the President by
the Republican party That party wants 10 compel him
TO abandon his policy under he pfeience thas r rho
Democratic party is about TO question bis tule Ihe
Republican leaders thunder into his that the case
OF Anderson and Wells is the Of Tlien ana HSes
ana when the gentleman from ONO staiea tnat VIC
Presidents supporters lessenng in number HOURLY
hour, intended ntimdate the President and not
| tue Democratic patty
BUTLER on SILVER
BoNDHoLDEBs DECLARED TO HAVE 10 RIGHT TO
| suIRK TAKING SILVER.
Mr.. HEWITT tDem., Ala.,) endeavored 10 induce The
proceed with the Of 10 pension the soldiers OF
the Mexican War, but without success. The House at
$50 went into Committee of the Whole the state OF the
| Union, Mr.. Eden Dem, Ill.J In the chair
! MI BUTLER proceeded TO make his speech. The gal
lerios ull Of people listening to hn: lie thanked
the House FOR It's courtesy and asked that he should no
be interrupted as his remarks were ai N pnt; Dus
question that might be put TO him. The following Is Ihe
The views hold are not those Of the who sent
10 the House, hut speak under tue greatest possible
for me 10 swim with tho tide and to float with the wave
of popular thought than TO try TO stem It, am tor me
t ne c lSIlGfyI to the paee which it had held
during the lifetime OF the Government. Is i immoral.
dishonest wrong To provide by law that deDtOr
h pS r,orav debt WHAT idea Of eulity aud JUS
ce can he have VINO that is dishonest 80 10 dol
A. to the public debt every debt of the United states
existing which can be paid by the silver dollar now
proposed Is y the very terms OF the law under which
the debt contracted To De pad by silver collars OI
Iwoud say to the foreign bondhoders, particularly
in Germany where most OF tne bonds are he'd. Ibeto
is your dollar take III Fit J. less valuable t.ah II was,
you yourselves who made IL So II you want 10 uahe
it more yaa4e ana b mae have s I 10 o
lection making the silver dollar legal tender TO me
Of $50 (Which is about the average m0nth earn
ings OF worklhgine Inat 'heS iesalu "s O
such barefaced hypocrcy The deVll hlIDsti Woud
blush TO use 1t II there Is deN-anl tieIe ls ~,
eat up Gods people II they were Dread lLausueF
lie roenback dollar is only imperfect stamp Of tho
power OF the Government ON "a pece OF uiiinslcag
gold, wnc gold itself has advanced IL or ID per cent IN
purchasing power IN all ne narkets OF the world hn
thgt the impTessng OF on piece 81 SILVER q u S
dollar. Therefore, LEI who stand here representing
the people see to il that the dollar which pays ING
mans 0Tr " dcnsnd 30 that both SHAH stand before
the law alike, aud that right and Justice
shall be done al TIE hands OF Congress, IN sliie o!
Executive recommendation or Executive po"er'"hethef
in the shape OF veto or ortherNlse -, - ,,o or,+,
The sraeIites used tier gold TO make g3den car %
worship, but times are changed now the CHI "otSni'
Upon the Attempted resumption OF specie payments by
Great Britain after the fall Of Napoleon, siyr Vas
fused gold, and abio 10 maintain their lain be-
except rich men and their SONS got mt Pa'
thank Cod however, that Congress is not compc.ed
wholly OF bankers and brokers, aud Ie public creditors
claim DE- paid IN better CON than he agreed 10 take
viii not be voted here.
THE sTEADINESS OF sILYER-TIGE BONDS.
The seadness IN the value OK silver Cor many gcneT-
atoms is not accidental Gold uctuates because 1t canbc
found upon The surface Of the earth and obtained ny
what is known placer niiuna." that Is say,
skilled lborer with hS pan and shovel can wasA out as
the may be- ten fifteen, thirty fifty or hundred
dollars per day, using neither skill nor capital NOT OWL
iug nor claiming any title to the land even from which
he draws his wealth when that be done, and where
that IL done gold falls immensely in value and every.
il Is only when the old flows out aud mixes with the
great reservoir o gold in the world that the value
Among the false and insidious appliances 10 impede
Congress nom legislatng the interest OF the people
have daily poured into our ears, as for the Fact by
the newspapers. subsidized BY bankers native
foreign, that Europe is now sending back 10 rs
sixty millions OF bonds for sale IN oar MAJ kes ~,
Is simply. basoy false Is there chlld NJ 10 De ts'e
the street alone aud keep our OF TIC way ~
passing teams VINO does not kn2T ' ,f iSy mcd
ate sales such would have affected the market
price of bonds than 10 or even 20 per cent we
in fact lass than per cent Is the suOstHn1i Naaton
in price OF bonds since the discussion OF this question
For nysclf far from being frightened at the
OF the supposed return OF these bonds, while denying
Its truth. | soemnly. upon my judgment OF wDat
would be tho for the financial and business pros
perty OF this country wish IL were true WISH Iu'
e Se,c he hti:r r. coud oiy hear tnat our cr
cent nni TyT coming BACK az so cents on tue dollar
TO be exchanged for our mere9andisf our od ana our
est financial fact that tire country ever knew.
BUFFERS SYSTEM EXPLAINED.
II could have legislation as could frame 1t on IL
nance II could have American system OF finance.
would not lock up three four five hundred millions
the vaults OF the Treasury OF banks as
basis OF circulation, distribute IL In duty simply as
coin do not believe does of the friends Oh
silver 80 iar as know VINO looking at the subject IN
nay, cannot be coined with any appliances OF the MIMI
that bring tn bear upon IL, IN such amounts - 10
make IL great difference in the volume Of currency III
any near time in the future. ,,,