The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1878-02-07

come when all the money necessary
for the business of the country would
be issued by the government OF the
United States. but he thought that it
was more important now that good
work this day begun should not be
embarrassed with unnecessary pro-
positions. The efficiency OF the
organization could be greatly increased
by making friends outside OF the halls
of Congress, and it was true that very
many of the national banks were in
full sympathy with the first two
named objects the call. It was also
evident that the national banking
system had it's friends among gen.
tlemen present. Why, then. weaken
good cause by adding to it useless
weight? He regarded the remone-
tization of silver as carrying with it
the repeal Of the Resumption act. and
this was the most important measure
before the country. The sentiment
in favor of reconciliation was grow
ing stronger every day. The people
were for it. and when this was &C.
complished these clamoring for
resumption could not ask it. The
government would then have provided
itself with means Of defence when
ever greenbacks were presented for
resumption. He was in favor of
making greenbacks as good as gold and
equal to gold in value, but he did not
believe in their being redeemable in
gold. If they were redeemable in gold
every person would then gather them
up and demand gold, which would
certainly cause suspension and embar-
rasment. He said that though but
eleven months remained till the day
would be at hand which was fixed for
resumption none of the national banks
were making any preparation for
resumption. On the contrary, they
expected when their bills were pre-
sented to hand them over to the
government, take up their bonds and
make the government responsible for
producing gold enough to redeem
them. But remOnetiZe silver and the
problem was solved. General Butler
continued
THE PRESIDENTS VETO.
1T is said that the President will
veto the silver bill. I do not know
what authority there is for such a
statement, but it is safe to assume
from his surroundings that he will
veto such bill as will be passed by
Congress. | say that it appears from
the information i'll my possession that
we may expect him to veto any bill
expressing the views of the majority
of the members of both houses. What
then is to be done9 A two-thirds vote
cannot always be relied upon. even in
the midst of popular demand and a
great national necessity. What, then,
remains to be done! If the President
of the United States should deem it
his duty in exercising the vote power
to prevent the enactment of law
undoubtedly demanded by a large ma
jority of the people of the country. it
would be the duty of the representa-
tives of the people to resort to the
power reposed in them, and how can
this be most clearly and forcibly done!
Plainly by refusing to veto one dollar
of supplies to the movement, OF,
rather. making the appropriations for
carrying on the government con-
dtioned on the passage of the Silver
bill or such measures rs are demanded
by the people. In that crisis | shall
favor lacking on to every appropria.
ton bill the vetoed measure and stand
by the withholding of money until it
becomes law.
This was said with peculiar emphasis
which is Il marked characteristic of
Mr.. Buffers style when he is de.
termined. and his hearers received it
with rounds of applause.
! THE FORT RESOLUTION ADOPTED.
The Fort resolution was ther
adopted. and Mr.. Buckner was chosen
president; Mr.. Phillips, secretary, ana
Mr.. Rim. treasurer of the organiza
ton.
The chair was authorized to appoint
an executive committee of seven tc
advance the interests of the associa
ton. and another committee of sever
on finances. to collect funds for the
circulation of documents favoring thu
cause.
Some general conversation ensuet
in advocacy of Il union of members o
the Senate with the organization, an,
the opinion was expressed that thos,
Senators who were in sympathy Will
its objects would join with the mem
/ bers of the House.
APPROPRIATIONS IN SILVER.
Mr.. Harrison. of Chicago. democrat
offered a resolution asking the sense
of the meeting on proposition making
the payment of moneys for the ensuing
! fiscal year in silver dollars of 4l2 l..
grains each. and requiring the Sec
rotary of the Treasury to provide tn,
coin for the purpose. the said coin {,
be legal tender for all debts. public ans
private The question was raised tina
it would require suspension of tn,
rules = put it in an appropriation bill
hut MI. Harrison and some other
thought that the score of econom,
would save it. He did not. however
care to press it. and the Chairman
ruled that it could not be regarded a
this time rs pertinent to the ohiec
for which they had assembled.
The meeting then adjourned sublec
70 the call of the chairman 1t wa
stated that on an amendment of tn
Appropriation bills. in the event of
veto of the Silver bill. over one hun
dred and fifty members would vot
with the members of the league.
was also suggested that the Post Offic,
hill had hnffar h., ays outei fr,rn -,