, 1879-02-19


l1u' t;rrenlH,ck men ol silr Democratic partY.f
"ls !. mt MI astounding motion for The lcades
nj tie 11,sc tn u,aic, a,ul what will be tic cf-
feu: of III"
''1f ,hr substance Of tl.nt motion Is crystal.
lizcd intu law, anu the law executed. The c[fcct
1T It will ,sn9Hcstonaoly bo to break down tic
'cuuIyuluncy l,ctwccn Rrcrnhaeks nM cotn."
What would he TIC t1roEcr n1ctllo!l u meet
ng the deficiency ol twestysssen IT., millions which
"Th.s woull seem to lc matter Of business,
nnd the Government should conduct Its busl-
ness on business principles. II anybody owes
debt nnd has not the money with witch to Day
It, the pTyper thing to do ts to borrow t.,s
creditors simply to receive luc-blt, which !.
substantially what ID proposed by the issue OF
new Grecnbacks, to make up this deficiency. Tie
proposition Of Alr. Wood doca not directly n.
xolvs this idea, but It docs remove FROM tlH
Treasury the coin which has been Accumulated
for tho purpose Of resumption. and - how held
10 maintain the parity between gold ri'd GREEN"
backs The next step, i this motion sa;ssecds
secretary OF tho Treasury power TO sell tonds
to maintain rcsumpttos Such proposition has
already been made In the House,
tHns It not been supposed that Fernando
Wood was l.ar1.money mimi"
"He undoubtedly hns been hard'mouey
man, anl no party In TINT State stai,ds 30 cn:-
phntically committed to hard.Enoncy ideas as
GOce Lie OElIluECQtlC E1|Afs EFtu HUNG W aAHt
iu Now York State, ta:os arc payable n coin,
md, II mistake not, in gold cotn And It was
not until the Qrecnbnck party bccamo formld-
able factor In New York politics .tlInt there was
tint Stats 10 cater 10 The Qrcenbaek theory.h
''Iluw do sou explain Mr.. Woods attltudelh
II interpret Mr.. Woods position to mean
that n Democratic sop Is to bc thrown to tho
"Iiow does It happeu TINT Wood Is found in
the Committee supporting tho views Of tic
King ot grcentaekcrs Judge Kelleyl"
"Or1;n9rily tlis would os extraordinary, bnt
hfs position, while Wood cannot"
JUDGE KELLEY.
add you hear Judge Kclcy's. speech last
night, aud was there ANYTHING new tn'it1'
al henrl 80 much Of It as TIC safd IN tue House
lust night. Tie speech rs Q whole has hcen
took no now positions, but he repeated some vi
tile most ridiculous Of the common stock arEu-
mcnts Of tic Grcenbaek party"
!" What were some OF hs arguments3"
"Une Of them, on which he laid great stress,
was the alleged enormous contraction Of ile
currency from 1866 to tho present time, to wltc!
he attributed the panlc of ls;8, n;d all past and
existing depression. liz claimed TINT there
uaper money at the close Of shc. War. llo de-
uollnrcd Secretary Mccullough in utnleasurcd
terms, und charged hin VITA perrcrtlng md
m1srcprescnt!ng tho position of Daniel Webster
Daniel Webstrr's dcuunctation, quoted Iy Nc
Cuslouett, was denunctatton oil lust auch paper
1noncY Us a!r. Mccullough was recommending,
mud TINT It was In 90 stlise intended b. Mr..
Webster ns an objection to Govurnmeut legal
tender notes."
It You huld, believe, t!lat Mccullough WINS
correct md !hat Judge Kelley Is wrongf,"
"I do Webster repeatedly declared In The
Issue Ut paper by t,c Government to serve as
currency. and that there was no power In the
Constitution to nlnko anything legnl.tcntcr ex-
sept pold mud silver; aud in lint ycry speech,
quoted In Ills report, rcad BY Judge Kelley
last night, the evils referred to by Daniel Web
tter were the evils resulting from thedepresston
currency Of the United States ba,,Ks, or of any
bank"
1cn,iae Webster's position1" ~ ~''~
II think TINT JuJge Kelley either mtsgeprc-
speech. or tint he does not know what Mr.
1ycbster's position was, Say tllAt AlcCullouels
representation Of Websserfs position was rx-
actly correct, and is fully hurne out by tho text
s.Are you Informed "a to
rur MovEuryr or THE onrryn.cyyRs HERE.
49,, ~ ~. ,,,a n,oa,,,u- ,ar rot, noi,, ''1"e'
No, ,not paftIsslsrly VIII resara to sats
posut. l. "aff t. sunn'uctno.s @ ".iosHAtion. up".
t @ a'itsni ina a.s ~ is County tat
e ~ iI', aro Yfa5 ae
!ye ~ nplan,s utsts''ks' orGaI!1mE cauos. ms
.ta ar grailv Ri, II, .oro, S t'' Ae'f "cct'
lt'fs ufs BcueaaatJ LEV ~ eoc!G'.
a.. u,s.o dnJ paUgan1J @ ianJ ~ nnton oet"eeh
knc Greehoackefs anu DghioeTatst j.
Tho i,rmnrrotir n1rtv will ronnrotIan tvi,f, ,l,a
dIstfuetiycly 0rccntack men sufficiently 10 form
q coalition with them Propositions t!kv tlut
OF Fernando Wood unquestlonab!y paye thu wuy
for such a union, Tho Democrats viii nut 1iiu
Republicans In position where thy wit either
Gu coupetlrd to rutu agatnss the appropriation
for tue payments Of tic arrcars OF pensions. or
to vote fDr th!s proposition, ylz,: 'Fo remove
coin from The Treasury, a.1d thus cudopgcr u,o
maiutrnupcc of res,1mntlop,''
Whit would tl,e Republicans do under euch
clrcuustapces1t
ii do not know. Some of them would. Doubt
less. vote with Tic Democrats. but maly If them
Eoutl uot,'t
What would such leaders m Garfield ]o}
Gen. Garfield, In INV Judgment. viii resist
apy proposition that looEs jikc interfering With
liz nalpteuaucc Of rcsllu1ption. y "'''4
Uo YOU think It would bo chconer IN horrow
this money, forty millions, tha11 10 ,ssuu mnrt,
rrrc,arks' or Il; ,so thn rn}n nt nrrscnt orc,,m.
1atcd7" '~ '' '''' - - >''S''1