Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-05-09

I
Mr.. Kelley hoped the gentleman would dem
onstrate his proposition.
Mr.. Fisher continuing said: In every COM
munity there were good many bankrupts
| who had never been able to manage their own
affairs, but who had wives who were able to
| take in washing or plain sewing, while they
had leisure time to discuss the financial affairs
of the great nation. They thought they knew
all about the great financial question: The
gentleman from Indiana, De La Matyr
| had introduced bill here appropriating a
| thousand million dollars for great international
improvements.
Mr.. De La Matyr-The association of the re-
mark about hard working wife with the gen.
tleman from Indiana, is simply contemplate.
Mr.. Mills intended to vote for the bill, but
would like to see it amended in some par
tculars. 1t was not just response to the
demand of the people for full restoration of
silver coinage and it's full investure with all
the functions of the money.
Mr.. Chittenden opposed the bill az a most
violent and inexcusable assault on the integrity
and welfare of the American people ever made
in Congress. He proposed to turn on the light
and expose the covert
INEQUALITY AND RAsCALrrY
Of the measure. He proceeded to criticise and
ridicule De La Matyr as the beloved apostle
and high priest of Greenbackers, and as having
prayed recently from the clerks desk that the
good Lord would take them all to heaven, and
then straightway made frantic effort from his
own seat to make it warm for venomous and
hell-born bondholders. Uaaghter.)
He then proceeded to turn the light on War
ner, and said that if the gentleman's speech
was right, then temperance, industry, living
business tact and accumulation of property
were heresies and devices of thieves and rob-
bers. All that there was in the argument of
the gentleman was that prodigal and impover-
ished men should by some hocus pocus of cur
rency legislation restore their broken fortunes.
He admitted that he (Chlttenden) spoke as
capitalist. Yes, he was a robber, according to
Warmers doctrine. (Laughter.) Every indus
trious and temperate man in this country made
m oney, but it required common sense and tact
to save something and be a capitalist. Uaugh-
ter. The doctrine of the gentleman, Warner,
was the
DAs1NDEsT NONSENSE.
(Shouts Of applause.) Ho declared himself
not opposed to bimetalism, but for it, but it
was never practicable while the great COM
mercial nations adhered to the gold standard
Common sense and public policy forced US to
stand with them else adopt silver as it's only
standard. The present coinage law, unless
modified. would certainly force on this country
an exclusive silver standard: He regarded the
dishonored and justly imprisoned silver dollar
of 4121 grains as the most disgraceful form of
political money. It was as corrupt and as cor
rupting in principle as if it only contained
1215 grains. He asserted that the free coinage
bill which passed the House the 18th of Novem-
Der, 1877, was intended by its authors to drive
all the gold out of the country. But that free
coinage bill failed,
AND RESUMPTION CAME
to the great and manifest advantage of the
whole people. Why should resumption
broken down remorselessly? Now this ''mon-
,2,.n II. l,,~:k
and promoters as being in the interest OF the
people, but he affirmed and could demonstrate
that it was in the interest of bullionists and
capitalists exclusively. He referred to the re-
cent purchase of steel rails in England by Van
derbilt and asserted that under this bill Van
derbilt, assuming that he had given note for
$500, 900 for these rails, could purchase silver
billion at a cost of $43O,OOO. and then have it
coined into 35O0,O00 thus saving $1,000 by
the operation. The bill will
Cypress AND ROB THE PEOPLE
in whose name it was ostensibly brought for
ward. If silver dollars were made Of honest
weights he would not make word of objec-
ton to it. He proceeded to ridicule some Of
the greenback propositions, those introduced
by DE La Matyr, Weaver and Wright, making,
he said, two billion dollars already asked for
by these members of the party OF the future,
which boldly claimed the Democracy for It's
tail. CLaughter.) Although all the propo-
sitions were alike ridiculous they were
DANGER SIGNALS.
They were the logical and inevitable results Of
Congress tampering with the standard Of
money. He declared his belief that if legal
tenders were dallied with any longer in Con-
gress, bills for fresh issues Of greenbacks
would be log-rolled and run in parallel
lines with the river and harbor bills;
gathering as they went every scheme of
folly and wickedness until the government
would topple and crumble into ruins. His
prayer to Congress was to let the currency
alone and to give the people peace, rest and lib
erty to prosper. (Applause.)
Mr.. Warner argued that inconvertiblc paper
money, if carefully limited in amount, could
retain its full force value, and quoted financial
facts to sustain that position. The valuation
of all prosperity in the country had been
CHANGED FROM PAPER TO GoLD AND SILVER,
but under the existing law that valuation was
now being changed from both metals to gold
alone. The pending measure was intended to
prevent that Without action on the bill the
House adjourned.