The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1880-01-28


from the committee on military affairs,
reported the bill for the relief of FItz-
john Porter.
Logan made a minority report. He
dissented in toto from the preamble:
First, that the president had no author
ity to organize a commission to exam
inc the case by taking ex parte testi-
mony; second, that the action of court
martial is not renewable by congress;
third, that congress has no right to
pay person for services not rendered
because of exclusion from the army.
The bill was placed on the calendar.
Edmunds offered resolution, which
was agreed to, instructing the commit
tee on judiciary to inquire whether, in
the settlement or adjustment between
the United States and the railroads
mentioned or provided for in the act of
February %, 1S75-to provide for the
settlement with certain railroad COM
panies-has any discrimination or diff
ference of treatment been made by U.
S. officers in favor of one or more of
such companies as against others, and
if so, what further legislation, if any,
is expedient.
Pendleton introduced bill to au-
thorize the appointment of medical in
spectors in the navy to the office of
chief of bureau of medicine and sur
gerry, and to remove the disability of
present incumbent.
Consideration was then resumed of
the joint resolution introduced by Bay
ard to withdraw the legal tender power
of U. S. notes.
Bayard spoke in favor of the resolu-
tion as follows:
Bayard said his object in urging the
adoption of the present resolution was
to bring about actual resumption.
Whatever else might be effected by res
olution was secondary and merely incl
dental to this one cardinal object,
"Sound prosperity must rest upon
sound basis, and real money is the only
sound currency To resume by the ex-
isting system is as idle as to bail water
with sieve. Paper notes are an essen
tial auxiliary to coin, but they are not
coin-not money-but substitutes for
it. Their acceptance must be based on
their credit, on their convenience, and
must always be voluntary in order to
be safe. When an evidence of debt is
made compulsory tender in payment of
debt, the great law OF honesty and of
money-that value IS to be given for
value-is broken.
Referring to fear expressed by many
OF the money power" he said: Gap
ltal is the result of labor and frugality.
Was there to be discrimination against
those individuals who had been more
successful than others in accumulating
property? 1t was the money power
that enabled the poor iaborer to be-
come the owner of tools whereby he ac-
cumulated his own little and growing
canital. II gave his children education
and made his old aoe moro comfortable
He did ;onore the fact tb.t eonal a,d
wholesome distrihution of nronertv
sopobt 70 he obtained Inv orr fathers
through abolition of orimooeniture en-
tailments pernetnities etc had bean
to n oreat extent refpted and ba w,s
inclined to think tbe svstem of inoornor.
ation which we have introdncad in oil
branches of industrial, nursp;ts had
heen ne,r,v aoua, IN tba affacts of nr;.
mooen,ture and mortma;n combined in
its influance nnon AGGREGATION of wealth
into single and never DIVING grasp
Rpt be could NOT understand ot rybat
point denunciation of accumulation
was properlv TO commence He attri-
h,tod ~, u,o.,,, d;,,;,;o 90 .o..,..,,
ou'eu ''ii' ui'equa u''i'ioii Vi properly
however, more TO the use OF convertl-
BILE legal tender paper money than to
ANYTHING else. jefferson said that by
oAeahihS uP eho nieaouio VI Naiuo ~