Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1880-01-22
CONGRE ESSlONAL.
CONSIDERABLE FINANCIAL lAtk,
Debate In ,hs House on National Bsak
Reserves speech Of Senator Betk
on Baya'd's legal len
der Rrsolu,ion.
" ,1luyutuS. January II
unN Atm

l'niicd Slhton uuira WA taken NJ. and
MI yc,k p,ie h,a pIouIHcd speech IN
opposition
llc showed that during the financial
lcgiulatlnn IT 1878 NJ. lIayard oiletol m
an nmrnduonito tho hlll ihcn passed. The
identical Icnnutiuu nov pending aud
Il Nua voted down hy large maior,iy
ia both hourys. IN the Hcnalc 10y I" I"
~. nd, 81 lhu o. hc,ug momhoru 81 the
linuu,r Committee AZ that itmo nome
ui the ,ap,lullntn "i New (ork AMI
rlpoNhcrr, Nhp nov prnd g'll odg"i
petitions ~ Cousrraa. hy"lIng tho
mcpnuIo. nav danger Ia the re'aHuo 81
groouba,kH, u, the CONTRARY thou TO-
lapuo bet With pnlypraal approval "
any objection wan over 4" be- malo lo
the power 81 tuugtvnn to- inHuo u"irH
In time "I peace. thni wa1 tho
t,nr iu mpkc II They cuull
then with IcuBuu Lee denounced They
Nrtv uui ,,jrUmnhlc Since then the
Nc,fptn,y ol the Treasury haa gr,umur
lalod glgh. .OOo .OOO h gold ani ullvcr
coin. tlGu tRl tluM uf which IN available
Tor all puuunon Ia hln lcpulln The
SertclalS shows that W. have reduced
lhr public d,li Since lWiG. G.Gl ,m0. tM
W. have uu htud mu,r than can puH
B,hlY hv uoyrpanfy Iur the putrpao 81 q
ainkmr Ihni II one halt the money
collected num the people 10y taxation
htp l,von retained ~ tho ltrnpuiy, nnd
Il the legal laniot noluH hal been allow
rd iu perform the uu,iiuun ~ money al
tho ,uulum huuac. pnl II silver hal n"i
huru rlri,trn down. resumption
would have ,uuu 81 llHvli
NrutH u.u without any one
ruIl,uug num u Nobody wan drmnud
iur The principal "i The debit II van
diminishing oNuty DAY. hnd wc Mct"
growing 80 uuapriil, Hui uumhcta
Tho pr,trlnr, nnyn hr IN holding tho
tnuuc, lhua acquired lur assurance that
llc nolcH Hhah BE- pall u coats Tho
people ly douhlr iutcrnl und prrCoul-
ngra th,tircu million dulluta lu vet the
utuuc, iu The Treasury, pui Nc Woto
hpll,ug Il ut uu annual ,"al 81 eight
mtluuna. uud ,u addition tu that the
ro,tcInr, ,ln,ma To- hn,o the t,ghl lr nrll
live pcr ,,uI huudp iu uul amount tu
get muu,y a. trirrm the u"trn "u
lcmuud N"lhug tul the cIhnurlt"u
ut tho ,t,Il 81 The country can mnhr
lh,u pn, turuI doubtful The people du
mol urL rnll lu wruuhnrhH, vet iho
Sew Nuh petitioners ,lnunod that lh"
gtrnl,, confidence n huniuuun W"uld
fulluN the unnrnEo "t thi1 rou"luiiun
tie dcn,yi a. What gI,nlrr confidence
Nnn needed Our huuiu NvIv NJ u
p,pmium, proouhn,Lp were pl ppI no
h,aU sha cheaiti by toslllpg lAru,.
sr,tthsy are Ahply weuted 'can tkrfe
H. gcnlcr pe,mily than that Implied In
our declaration that lhoy nhall hr
iripruud and stand NJ Their iull
value ti,m {" lie nii"du'li"n
81 tho iroulutiuu What pciili"nn
nya,upi uit,i Slhlcn pulrn had oyoi
l,rru luvurutrd 10 N nlNnyH sale pud
vruc,nlN via, Ir let Nrll enough alone.
II IN not V,1u tn Disturb The cnriohuy
,N,vIt la r,itautiinnty 'A,g"ndlcA The
r,url, wcrc Just unllylng llnm u Htun
ntug hlnN nud hc thought the ri"nroii
/, nov being vrtoIcd upon would prove
pctmbpent. hut " Wight hc temporary
h. Nu have No. nlipH. ~" commence.
W. are paying enormous nun7 I" l"i''Rn
alun wnurn We hW ipulniud hy uut
Jaiid itum the mh'hciH "l the
world We Mo prosperous ho'nun"
Gud. la lilo providence. has uccn iIi IT,
hlcr1 uu nuj iu N,n,l "tltri nnl'nnn With
calamity, A ic,crHo may conhc and uut
r,orprIlty vanish lh,kh llc Wan uur
ui Ihupr Who hcltc,cd that one "t lho
tI,nlyal OWLS W. ltlntud under Wan ul
h,iuua mclllur. II the pcuplr were
lll 10 hr Tree, II Ihip was u guyctnmrnt
l., hud iu the people they hal iho
rghl tu uuc their unctg,oa m hcnl au'l'd
lhtm. lcv itum any iulutrHici h"d,cH
uf men Who auught iu Cfunh ihrm.
Thai the currency ut The country Na7
not REDUNDANT u wap arrogance lot
au, body ui muu tn druN They
know hritur than the Representatives
nf the people how much mooney war
needed IL all tho money Iapurd Wrto
nov ,n yNlHIruvr. u would unly amount
la s,,,rn hnulfvi and any millions ~
a,uo hundtrd million lhllnr, including
thr gold ln the Treasury, That Nas
only tia %, JISlrt heal "tiho population
Trance hal unr billion niN huniro'l
nill,ou1 m gud hl silver uni tour
huu,hrd nul Hily m,ltuunut hhnk uujcr
ln circulation, mpk,ng $40 pcI hcad, yet
Franc WIS y INVARIABLY prosperous
country There Wah ro complaint
uf redundancy there liolgum VAS q
lhu,tug country. u,h ,u commerce nnd
unuuia,IurrH iiot circulation Was
ttl.. ono 100. uf fif; per head. Ect.
many II h,p f.iiWuWO. ur g.. rrt
,,p,,a She bat. m an unfortunate
hour. attempted 10 dcnuncl,'r HilNcr
bat ns shown hN Judge KELLEY inter
,,eN With llsmarck At which "ur mn
lstr Waa present, size bal hccu obliged.
,n th, ,nlurvsl Il hus,nUAs. To- stop sell
ins silver. and bcguu iu ,vtnnuv hrpal
Britain has n circulation vI gAp
ON 90, ~ SO po capita n"arly
duuble What We have. yet ~ lace ol
these ta,ts. rn,l Nj Heck lac aud these
nt hia opinions were denounced ~ trpu
Jtalofa, ,ouln apd knaVca ny many news
rapef,. Well raii hN the bankers Hhd
hfokVin Nl NNN lhths NV VIM ~ !"
shaN that. owing to iussrs hy a"iicn,
anil natural Near AMI tear, the amount
ul grrrnra,ku outstanding Mas probably
lcrs than KnO. .Nn ONO llc alaoshoNci,
4, tho controller WrortA that tl'p,'
OADO ui th,r Nap held by the banks
and treasury on MAY !. 1870. ani though
The amount uus hrli differed al d,tlrf.
rnt Iines. ilihi war probably a guod
average and II lrh only tid''
OhO UN iu active circulation. As
san,ins that he whole HlhNn.on
Isaned 10 bs In existence. uf 4 his theory
were ,uffr,t only tlcOun,nOO liz
alsa referred a. the ta,, that fiuO. $50 oN
Of this Nas IA balls NJ slOO ani upwards
thAttitAly no better than bonds, cs
rrri.,ly the largest denomination 81
~ uOO. Ka.On and $4,000 In pro,
tcsl,ug agn,nst this measure M b~k
Wished II understood that hc dti mol
believe The original ISSUE ui notes Ma,
cnhstitntional lie had always denied
"A Nas, bat thg supreme Cont bai lie
'Hded otherwise We have them upol
No api be MAS determined g.
makc tho most 0i them, uss theu
| inf the houvtll vi tie people and no