The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-01-22

of the line,
Conhrmatlons-Mr, Henderson, COL
leotor Of customs, NJ Pearl river Mr.
fallie, postmaster nj Warrenton, Viz
glnia Mr., Rlnker, NJ Leeshurg, Viz
glniai Mr., stilwilk, At Humbolt, Ten
nessee; Mr., BrIsIer Ut Water Valley
Mississippi Mr. Delacey, NJ AleXan
dria, louisiana
The senate then resumed considers
ton Of the unfinished business, being
the resolution OF Mr., Matthews, de-
clarlng the right Of the government Ia
pay the interest and principal OF the
bonds In silver
MIR, Jones, Of Florida, spoke ut some
length aa 10 the power granted con
gress by the constitution TO coin
money, regulate ils value, etc., and
argued that the time the acts of 1860
TO strengthen the public credit, and OF
1870 10 authorize the refunding Of the
national debt, we're passed, the silver
dollar was legal tender coin OF the
country, AID congress had no power TO
exclude II from the coinage OF the
country. lie claimed that there could
DO no legal tender under tho constilu
ton except gold aud silver. He then
referred TO the arguments that Ger.
many, England aud other European
countries had demonetised silver, and
said Has II come TO this that the
policles OF European governments
were to control the American ropub-
lie ?n He had heard OF such alliances
before, but they were always to crush
out the liberties OF people. The policy
OF demoneti2ng silver began with
kings and emperors and ended with u
republic.
He denied that II could be called re.
pudiation to pay the bonds in silver
and said reputation was revolving to
the people, He then referred to the
condition of affairs Mt the close OF the
late civil war, and said II was neces'
sary then, for IL time, to abandon that
system OF finance which existed pre-.
vious to the war, but the necessity soon
passed away, and now the cause OF all
the distress throughout the country
must be sought for In our present
financial system. He spoke of abund.
ant crops, and said the troubles and
embarrassed feeling now existing over
the land were not brought about by
natural causes, they were the work of
men. He reviewed at some length the
various financial acts of congress with
regard to that OF '69, to strengthen the
public credit said IL should have been
called an act to increase the burdens
of the people, as 1t was intended to
bind them to the payment CT the
debt In coin. He hoped II was the
purpose of congress now to restore
silver, The much abused metal which
God decrecd should serve man as
money, to its former position.
1t had been argued that the act OF
1873 demonetizing silver was passed
because silver was not reliable, be-
caue 1t fluctuated In value. He denied
that this was true, and said that from
the organization of the government
down to 1873, there was no legislation
respecting coinage, which showed that
there had been any variation what.
ever in our silver coin. II any coin
should have been abolished on account
of being unstable In value, II should
have been gold.
He spoke OF the advantages of silver
money and said therewas large
channel in the business of The country
which silver could fill and it WAS EN-
phatlcally the money OF the people. In
conclusion he advocated the adoption
of the resolution ofMr. Matthews, be,
cause he thought il was for the true
interest of the country, though, of
course, he entertained the greatest re-.
spect for all who differed from him.
The senate adjourned to halfpast one
Tomorrow to attend the mock funeral
of Victor Emanuel.
Colonel Adair, delagate of the Cher
okee nation, was before the house COM
mittee on territories to-day and spoke
for more than an hour in opposition to
the bill to establish the territorial
government of Oklahoma i'm the
Indian territory. He argued th4t
the proposition was in the In.
terest of land spectators, in
violation Of treaties, and the
deci lions of the supreme court, and
read from the writings Of presidents
Washington, Madison, Jefferson and
Jackson and of Calhoun In support of
the rights Of the Indians.
In the supreme conrt, Wallace vs..
LOOMS ct. al, trustees Of the bond.
holders OF the Alabama and Chatts-
nooga railroad, from the southern dis
trict Of Alabama, affirmed.
Tramps mt Van AIstyne.
Yesterday morning, about five
o'clock, as Mr.. w. +. Cummins, real
..l.Io nunrI L., lila ,nlnno, runn r.ninr