The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1880-01-28
THE FORTY-SIXTH CONGRESS.
The Titz John Porter Relief Bill in the
Senate Bayard Discusses Finance.

WAsurNaroN Jan ~. Senate. Mr.. Randolph.
from tho UommItteo on Military Affairs. 70
ported q bill for tho reief OF fiin John Porter
Mr. j. IN made minority report. He dis
eented ia toto from the preamble: afst, tnat the
President had no authority 10 organize com
testimony; necond, that tho action nf tho court
martial Ia not reviowabe by Oonareas: third.
that Congress has no ris ht 70 pay persona
for services not rendered because Of exclusion
from the army.
lne hll was plaeed on tho calendar.
Mr.. Eimunda nfrerai resolution. which wnR
| agreed TO- inatructing tho Committee on tho
Judiciary 70 inquire whethor, In tho settlement
or adjustment between tho United states ana
tho railroads mentioned or provided Tor In tho
not Of February ~ 1915. to provide for settle
| mant with certain railway companies. any dis
made by the United States ofrioers In favor Of
one or moro OF Auah companies against the
othora: and II 40, whnt further Legislation II
any. on tho RuhJoct Ia oxpedent
Mr.. Pendletnn introduced ~ bill TO authorize
tho appnintmnnt ol medical inapactors ~ tho
msdicino and aurgery. aud TO rempve tho dish
hility ot the present in"umhent.
Mr.. Coke preaented memorial OF the State
Grange of Texas. praying for u reorganization
Mr. Morrtll. from tho Finance Committed re-
ported adversely on tho nii TO ratanilah tne
OhaI lesion u. d., and 1t was indefinitely post
ponad.
Mr. Morgan introduced n bill for tho rolief OF
tho Medical College Of Alabama. Referred.
A number Of bills 81 minor Importance we're
introduced and referred. and several private
pension bills passed.
Tho senate theu resumed consideration OF
the Ioint resolution Withdrawing the compn.
aory legnl tender power q United safss % no,aa. .'
Gommtfoe on Finance Mr.. Bayard nade n
long speech In SUPPORT OF tho views Of the mi
noriiy nf TINT committee. ot which tho follow
log is nm extract. Mr. Bayard ia hle object In
urging tho adoption Of tho present resolution
was y bring about 10 ths actual neEnmpn,n Ct q
efeored by the resolution waa aoc0ndary md
merely incidental TO this ono cardinal object.
Sound prosperity must rest upan sound
basis, aud real money ts a sound currency. TO
resume by tho existing system Il rs Idle as to
hal wnter bY II scive Pap"r notes are m aaaon-
tial auxiliary 10 coin. but they ara not coin nor
money but snbattutes for II. 1hoir anoeptauoa
must be haRea on thalr credit. on tholt conypn-
once and nns, always 9a yolnpIpy u J, - . order to
compulsory tondtr In payment Of debt the
grea law of honesty md ~ money. that value
is to he given for value. IL broken.
MIR. Bayard than referred 10 tho money
power. ~ which 40 much fear IL expressed BY
the opponents of tho resolution aud 70 tho
grent nerumulationa of property. and said that
tho unequal distribution nf property " httrihu
table more 10 the usa ~ ineouv"Itible paper
money than to anything elise Jofr,rson said
that Breaking np of tho measure of value
makes n lottery Of I'LL priva'e property" II Wns
afruitlul source of dnmagogiam. In Toterring
60 the Judicial derisiona ~ - Rraenbneks he
said hn considered thn conRtrnalDn Of tha con
stitutlon by tho Supreme Court vesting tho
power 10 iaaue legal enlnr notas upon The OK
iatrncN OF snInN Erant emergency OF which Gon-
gross Ii the Judge. to ha alarming and danger
Qua. II mndo the constitution wonker where It
should ba Al runRast in tho hour of danger. Hn
saw no guarantee Tint greonhaaks would not
from tims 10 time be- inflated IA in the past
they hna been. lie romhattod Mr. Ooke's argu-
mont That to withdraw tho legal tender power
from grSenhHcks VAS to question tho validity
of tho public debit. and said tho notes wore
ner"r "ay,hng & but 9w,1s"Tv nay way q q n"n
It's validity. Tho legal tender power is like
tho Eorm Of deadly fever, only noodlng tue
hent Of excifement. speculation, war nr distress
to develop Its deadly pawnrs While II Ia dor
mnnt he would end Its extat"nee. The present
prosperous tmn is favorable for permn
measure IL adopted the financial law
that had money VIII hriyn out good
money Will operate to the oXtonS oi me
tho absorption oI imported gold into our fur-
reucy. Tho withdrawal VI the legn tonder
mower could affect no moro nor less tho value
Of notes In tho hands uf nnv hoier. cause m
eauivnIeut fer the face value ~ ottercd IN gold
and silver coin. IN cnse any credttor refuses to
aceapt le4R IIe Shove that h0 endowment Of
government notes with leEa tender power had
never prevented their depreeiuli ion whom nut
ural causes tended to praaues i; ln thia con
ono commentary on the foreE Ding re-
mark. and said: If Il were lust e. piy
soldiers tho difference IN value hNtWe"n united
States uoles aud coin. 1t was JUS 10 pay il 70
every ono who had been Obliged 70 tnke them.
This would require MI infrhalbln issue of
paper. Tue ptpshnt Congress HlsM not yieiI
10 these solicitations. but on tho threshold we
should moot and dofeat all such wtId aud fatal
schemes. Whether the Senate would now con
cur IN his Views he know not. Tor measure
lke this had never baen and never would BE-
made bY him tho subject Of II party caucus or
personal canvass for votes. but No believed tho
good sense Of the people would support his
views.
At the conclusion OF Mr.. Baynrd's remarks
thu Senate alonrned.
Housg.-Mr Gooin. Of Virginia chairman Of
the Committee on Yorktown Calebrni Ion. re-
ported bill to carry into effect the resolution
adopted by Congress In October, 17s1 In regard
to the monumental column NJ Yorktown.
Passed.
Mr.. cook Of Georgia from the Committee on
Postohiccs and Postronis. reported hank tho
bill declaring Nil pubic roads ard highways
post routes. aud authorizing the Postmaster
General t. put y uostal ser iee On nh such
routes whtn public npeeA+ ity requires Il.
Upon objection py Mr.. Blount, of Georgia. the
bill was withdrawn.
The House thon went into committee IL the
whole on revision of the rules. The new rulaa
H. far rs rule we're agreed 20. with unimpor
tant amendments. Adjourned