The Rock Island Argus. (Rock Island, Ill.) 1877-1885, 1879-05-15

senator foorhees-Who is to be the
judge?
Senator Edmunds-So far as my vote ia
concerned | am the judge.
Senator Voorhees-So am |. The SEN
ator intimated that was in favor of free
fights at the polls hope he will say that
| be did not mean to say so.
Senator Edmunds-I accept with due
| humility the rebuke of my friend from
Indiana, who intimated that we favored
interference at the polls at the point of the
bayonet.
Senator MorriIi's amendment was then
rejected, aud Senator Beck's agreed to.
| After executive session, adjourned.
HOUSE.
WASHINGTON, May 14.-After the bill
had been discussed by Messrs. Town
shend and Orth the House resumed con-
sideration of the bill to amend the coinage
laws.
Mr.. Fort favored a double standard.
The silver dollar had been too light from
the beginning and eventually the govern.
meDt must meet other governments and
readjust its gold and silver. He commend
ed as a wise measure the coinage Of the
trade dollar and denied that it was a trick
dollar. The third section of the bill in
vited the whole world to come to the
United States with ships laden down with
silver bullion and unload it into the Treas
ury at par. If MIR. Warner had called on
the Bank of England, the Rothschilds
or August Belmont to draw up the third
section they could not have pleased them
selves better. 1t was virtually compelling
the United States to pay premium of Is
per cent. on every ounce of silver. He was
In favor OF unlimited coinage, but not of
free coinage to all the world, and section
eight OF the bill provided if August Bel
mont DID not want to wait for coinage he
should deposit his bullion and obtain GER.
ti6cates for it at par. If this bill were
passed August Belmont could make ter
million dollars in ten days. Section nine
repealed the law remonetizing silver, which
, he had hoped would stand to the end of thu
government as notice to all corners tha
they had better leave tinkering of tht
; currency alone.
Mr.. Ewing said that the first and mos
serious objection to the bill was that thu
government would lose the difference
between the present bullion value and tn,
coin value of silver. He understood tha
an amendment was being considered By
the friends of the bill which would mee
this objection. The amendment provided
that in the issue Of certificates for bullion
they should be issued only for the market
price of the bullion, leaving the coinage
free and unlimited. He should be quite
satisfied to have that amendment adopted
provided it left silver it's full character Of g
money metal If all the silver in The
world were dumped into the Z nited States
mints it would not amount to one hundred
> millions. He opposed Mr. Kimmeps
amendment, raising the silver dollar TO 46(
grains. 1t was not time to raise the stand
ard yet. Let congress remonetize silver
and if a large difference remained between
the gold and silver dollar, a method coulC
: be devised to equalize them, for il was es
G sentlal. The advocates OF this bill wert
appealing to representatives to let Ameri
cas- great silver product be money and no
: let it be demonetized. Democratic ap
= lplause. Silver would reinforce gold, AM
If gold were driven froEI the country, tn
country would have the ability to stand il
n with its two or three hundred millions o
y silver, and would not have to suffer sus
! pension of specie payment. lApplaus
! from the democrats The demonetizatio
= of silver in other countries meant tina
: usuTeTs had coBspiTed 10 double thei
wealth, to double the debts and expense
of laboring men. The characterization az
Of 1873 was damned fraud. OF cours
it was mistake. 1t only added Gy
:, billions to the wealth of creditors. II
- didn't believe it was even an accident. H
- = believed it was an ingenious, secretly ex,
- cuted fraud upon the American peopl
!, Applause.l The revival of the languisl
: ing industries, and the banishment Of su
> fering among laborers, could only con
-, "a here and iG Europe by restoring silver ar
o. o. gold to equal. free and unlimited coiua,
'0 the money which had existed befo
Abraham, before Troy had lifted Rome
g spendor. When il was extinguished Il
~ ~ world sunk for thousand years into dar
!" meas, and when rekindled it lightcned Il
ho civilization of two continents. He clos,
~ ~ with an earnest appeal to use silver al
~ restore prosperity. His remarks we
~ frequently and warmly applauded by Il
* democratic side.
II Mr.. Warner moved the previous que
;" tion.
49, Mr.. Kiiiilaer moved TO lay the bill
Ta =. She table, and Mr.. ConQer moved to 4
- iourn. The latter carried-yeas 100. na
~ 81.
- Adjourned.