New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
XLVth CONGRESS---IId SEss,oy


LAMAR MAKES AN ABLE SPEECH on sILyHR-cosx
LING, THURMAN. EDMUNDs AND OTHERS a., r.
MATTHEWS REsoLUIoS-THE HOUSE Dryorv,
LY APPLIES ITSELF 10 THH STEAMBOAT BILL
SENATE. WASHINGTON. Jan. "a. 1879
The Senate was opened to-day with Draw.
by the Rev. James ID. Butler. LIZ d.. OF Madison VII
The VICEPRESIDENT laid before the Senate a e.,.
municaon from the Secretary Of the Interior, trans
ting copy of report OF Indian Inspector Wa,k..
relative to the establishment OF large reservation ~
the CoIville Valley for the Indians OF Oregon and Ma
ington Territory.
large number of petitions from all parts Of n.
country presented by Senators, asking Congres
appoint commission of inquiry concerning the al,.
hole liquor traffic. all OF which were referred TO the Co.'S
mttee on Finance.
and protesting against the OF the duty on ~,
and coffee presented and referred to the Colnms
Messrs HOWE and CAMERON (Reps.. WIS., prese.,.x
resolutions OF the Milgaukee Chamber Of Commerce II
favor extending the time for the completing M -
Northern Pacific Railroad upon certain conditions.
Mr.. KEENAN, lDem.. N. - presented petitions from
Cataraugus. and other counties OF NcwYor IN fayo,
the reconciliation OF silver and the repeal " The sre
Resolutions to print copies OF the eulogles on the Ian,
Senators Morton and Bogy were agreed 10.
hill 10 anthnr ze the Killing Of fr seal and nGs
bearing animals within the limits OF Alaska rerritos
Mr.. TELLER tRep., Coli introduced bill TO regulate
Mr. BECK iDem., KyJ submitted resolution instr,,.
ing the Committee on Printing Ia inquire into the exe
dency abosbng the separate index for the Couers.
siona Record and issuing AN index with each volume
Mr.. HAMLIN Qep., Me) submitted a resolution IN.
structDs tne COMMITTEE on Appropriations TO inquire
into tine affairs OF and general management Of the FEED
mems Hospital, i'm the District Of Columbia
Mr.. BURNSIDE rep, II. H. moved that Colonel r. p
RunEle he informed by the Committee ON the judiciary
personally BY counsel aud be heard upon hs case
Mr.. EDMUNDs tReprVt }, chairman OF the committee
said had
allow parties TO file briefs. but they never head
parties oralI, because they had no, time 70 do so.
There was q brief discussion and an amendment BY
Mr. EDMUND5 agreed 10, providing that no oral
hearings shall be had and that the parties could pr nt
their cases writing before the committee.
Mr.. SARGENT Qsep Cali called up the Senate bill Ia
provide removal Of the Naval Observatory and
substitute, which authorizes the Pr sident by and Win
the consent Of the Senate to appoint commission q
three persons 10 select site Tor Naval Obseryatery
and report IT the present session Congress upon G
OF the same aud also the cost Of removing the n
MT. BECK Dem XVI gave notice that he would TO-
morrow during the morning hour. call up the resolution
In regard 10 the sinking fund for the payment Of Tie
public debt.
Mr.. LAMAR on SILVER
THE ELOQUENT soUTHERNER AGAINST UNLIMITED
COINAGE.
The morning hour having expired the Senate resumed
consideration Of the unfinished business being the resp
luton Of Mr. Matthews ep.. Ohio, declaring the right
Of the Government to pay the bonds in silver.
Mr.. LAMAR Dem., Mss, read the resolution Of III.
Matthews and next the amendment thereto offered BY
Mr. Edmands and then spoke at length in Opposition 70
both. He said in substance
shall vote Mr. President, against both Of these re-
outons. because i believe issue thus made up and
ined does NOT set forth fairly aud fully IA. true is.us
inyolg rd IN the great change which Is proposed 70 70
wrought IN the monetary system of this country By og
taia measures now calling for The acton OF tnis bo
Tni-, / mink. Is manifest from the relnafks
with which the Senator from ONO SIr. Matthews
opened his argument IN advocacy Of his resolution lie
af.4D sfi-llT
question 10 what the interests Of tins Governmental
OF the country required IN connection with the exercise
of the rights therein asserted WIN equal enphasNw
waived the question tn what sound policy would
dictate witn reference to the legislation eonemplaedT
of policy or expodeney he confined hms, 4 20 The sole
issue Of the right-the legal and moral svt OF toe Cos.
creditors, and Ia frame it's legislation Win reference "
such payment in SILVER coin O il2 era n' to the s'e
Now sir the very fact that these important aud grave
considerations are not deemed pertinent 10 the discus
sion OF the resolution Is 81 Itself, IN IHy opln"n en-
elusive objection To lts adoptIon cuPips'' WIN VIC
MEASURES which ing behind tls resolution come up
only runs counter 70 the la5th2 tIoSp'ilty "a ue
country, but may inhict an incurible blow upes
the p6blc crcuit-wbat then would be We
result OF The adoption OF such resolution Not The
bare assertion OF AN abstract Tigh-l respectfully sub
init something more than ihata solemn declaration
the world, when, wing upon our records Nou,d ~
with embarrassment and mistakes, AID diS
astruus all al ng tie track of our financial ruin
In my opinion The argument IA 1853 ID favor Oi ue
right Of the Government Ia pay these bonis, ie pu1
~.
wneh Is now advanced t. the Senate m favor Of he
ght oi the Government 10 pay the bonds now sued "a
siyor coin containing 4i2- gins 10 the dollar b{ tle
law of ;hc land TINS grc,nbsck currency VAS elcfR
ted at that time to the dign.ty Of lawful non'y.
Ii was "a cgu-,en,r all The debts against tl, 0Jf'
eminent, except interest upon the bonds and CUSTOMS
dues. IL wa, legal tender IOr tfefy ihln@ "hie Al VI
ne silver was n1t ihe Ia" wnich tt-Natc1 |" lnts az.
III money, by the same authority low lfoipss
to elevate silver dollar, worth 30 cents, 70
be the peer 81 gold DOLLAR worm lWo eenus
| concur ia the opinion lawyer, that 20 that bne
hesc bonds WcTt "ydDio III ktechbi'A'' t'.oI".E ="
literal oCustru, ION 81 lIe contract - II was * hal
executed Eut, SIR rs reason oi the suspcna0n ol sce
pay ments, 10y Icson Oi tie Tact that ne GoNefhms
lad MOI performed s pFonl,' To rtdcrn Ihese hel.,.y
dcpICciated-dcpreciicd by he act aud delaIis
The question arose whether weua
stan upon lie literal contract snd pay iis obigiss
currency deprecated By its act and is Own dc
fault the legislators of Ihas day concluded y va,
table ira, urh - these issues we're deprecated
being unr, Il enable and nCn-iecemabe. 20 pass pG.-
lie act procdimns 20 all the world mat they shouds
pad in com Ih,y were confronted ny manclA 10
rcs-lty. by financial ierrOrs.
Had some senator nj that time. pending the discus
sion. like friend from OHIO, enamorrd OF tine Judf
tia aspects of the question, proposed resolution de
clring to the world that 10 matter wat the neies@
the people the Government might be, 10 hald
what financial policy mlght dictate. ho matter VIA
the question of expedoncy was resolving that ne
can pay these Oonds IA treasury ho,ssn
greeDOack currency, what then sir wond nave been E
effect the finances of the cot Try what then Noua
nave been the effect ol the attempt Ia uud YOUR pant
debt at lower OF interest Is effect then woa4
have precisely what The eject ol this rcso.aoa
It would have overturned all financial schemes
The resolution of the senator from Vermont (hL ~
mnnds III my OPINION Is hiuenasie 10 inc salhc o0'
tion
THIS LAW SURE TO DRIVE ON GOLD
There Is another objection 10 IT, There Is m ell thos
resolutions upon that side. under the circumstance
their presentation. implied c0mmitial against iss
policy OF reconciliation OF silver believe that ibers
Is a method OF remone tizing shyer-!udced thcr
ia more than one mcth0d-so rs TO Place ihs
metal upon solid aud lasting foundation a.
part % the currency OF this country
iieye that II he Incorporated into actual y'1
Of finance. aud that, too. IN such manner n H GU
duce TO the prosperity OF the country, satisfy the '"Pr
lar demand without shock TO the great iniere's