Lexington weekly intelligencer. (Lexington, Mo.) 1871-1887, 1882-01-28
VESTS GREAT SPEECH.
The National Banks and Refunding
Missourl's Little Giant Gives Forth
NO Uncertain Sound.

The National Banks and Refunding
Missourl's Little Giant Gives Forth
NO Uncertain Sound.
THREE PER CENT. BONDS.
The president pro tempore: The
morning hour has closed. anu the chair
lays before the senate the urinished
business, which is senate bill No 46.
The senate, as in committee OF the
hole, resumed the consideration OF the
bill Is. No. 46) to provide Tor the issue
OF per cent. bonds.
Mr.. Vest. I ask that the amendment
I have offered be read.
The acting secretary read the amend.
ment, v hich was to add to the bill the
following:
From and alter the 1st day of July,
1882, the 8 pei cent. bonds authorized
by this act shall be the only bonds re.
lcelvable rs security Tor national-bank
Icirculation, or as security Tor the safe
keeping and prompt payment OF tht
public money deposited with such banks:
Provided, That th.. secretary oI
the treasury shall not have issued all the
bonds herein authorized, or SO man,
Thereof as to make it Impossible Tor him
to issue the amount ot bonds required
And provided further, That no bond
upon which interest has ceased shall be
accepted ur shall be Continued on de.
p0sit - security for circu alton or Tor
the sale sate.keeping oithe public money
and n case bonus so deposited shall not
be Withdrawn, as provided by law with
In thirty days alter tne interest has
ceased thereon, the banking ass. citation
depositing the same shall Oe subj Ct 10
the liabilities and proceedings on the part
ioiths con, ptrOilsr provided TOR in section
1884 Ut the revlaed staiutes oi the United
Sta. es: And prouided further. That
section Ol the Vet OF June 20. 1874, eD-
titled ..An act fixing the amount OF
Unitsd States notes. providing Tor re-
| distribution oi the natiunal-bank curreu
| cy. and lUr other purposes" be. sud the
same Il hereby. repealed: and section $
6l69 and $3.50 vi the revised statutes oi
the Gnited 3 ates Ds, and the same are
hereby, re-tnscted.'
Mr. Vest Mir. President, sha |
make NO apology tor addressing ,he
ssnAte Tor . very short time in regard
to the pr0vi ivms ui this bill and the
amendment which have had the Louor
to submit.
There can be no ques ion ever pre-
Dsnted 70 an a merieau congress more
worthy ol the cousidera,ionS OF every
1t .tesman and the arnest anu devoted
attention Ot .. cry patriot. 1t was said
BY PR q, author. let me make the
sOugs Ol . country and care not who
makes its laws" Sir, th le Is some.
thing which can purchase all he de-
lighls OF music, the fascination OF woman,
the honesty and Integrity OF larn. Let
me NJ Ike the money oi county. and
will mako / Jaws, its Institutions, It's.
political, almost its religious lie. Take
the history OF the wor d; aud whore
monuments erected by the genius and
Intellect vi mea have crumbled to ruins
it has been done in almost every in
stance by s.luxury's contagion vile,"
created by vicious monetary system
Take the scenes when the French as
yignats caused riot to reign in the
streets oi Paris take the picture oi our
own country In tbs ierc. reveis alter
the war, when these halls almost became,
bacchanaliaa in their orgies. when thes,
streets were filled with political adven
turers, when men were bought with
gold like sheep in the shambles, when
money purchased votes IN the market.
Give me the power to make the money
OF country, and care not who cast the
ballots. 30 Jar as political effect is Con-
csrned.
propose to make this no political or
partisan debate; but what has been the
effect OF money upon the political com.
plexion oi this country But u lew shUr:
months have passed since The president
OF these United 'Ststcs, with the greai-
sStoi living soldiers presiding over the
banquet. with the greatest living preach
er To bless the lux u, Gus vlands, ioa.ed
certain distinguishou patriot, an ex sen
atUr, now cOnnected with the star route
eases, because he had carried lhe demu
cratic state vi 1ndlana Tor the repuUi-
can ticket with what? With soap!
One of my pr, dec, ssOIs ON this Il .ur
(Hon. Thomas II. Benton) was won't to
say That salt Was the great preservatlv.
OF nature; but sat must hide lis dimin
ished head beIore soap. Soap Is the ar
ilcle which controls The politics ui the
Uuited State.; aud the piaudlts Of tue
disting guished bearers ot The prrseut e
publican president, b tn pruians aud
eccleslastio, hail, 4 that enun,iaiiuu "a,
to the influence Oi soap Uu the votes o'
the American people with enthusiastic
applause.
Mr. President, do not stand here to
day to attack the na ionai bauks. he
cause the ihUDey ot toe county Is ag
Hregaled witt their vaul s. | have nu
sympathy With tina. communism Which
would array The ppor against the rich,
and which would strike man wLu
owns bauk stock Ur national bUnts siul-
has become wealthy while another has
become poor; but l have Il hight t
speak Ia regard To the Influence OF
the aggregated CAPITA. OF the
national bAnke vi the Uuted States
upon ihs Legislation OF Congress aud lhr
political complexion OF lhe cuunlr,.
Ones 10 this country y like evil was at
tackled by one to whose name give all
praise, the pride OIL American manhood,
the president who was not afraid oi the
capital Of banks Or VI corporations fany
Kind ht any time or in any place. Al.
drew jackson deserved the everlasting
xratltuds OF tue American people when
As took By the throat the old Uni,cd
) atss bank with u capital OF $50 OUO,-
eO0. But to-day we have tweuty one
hundred national bank, WI b AN ag-
gregsts capita! OF S60U. COO OvU AID this
aggregation OF capital Influencing the
business oi the country, takes this gov
srnmenI by the lht oat and com ueis il 10 |
do az it pleases.
Mr.. President, At the last session OF
congress we passed AL act known as the
funding law. BY that act We saved to
the people OF the United States S15. 5UO,-
QUO annually In interest alone. We said !,
to the banks "You are the creatures of
tho government: you are The fiscal
agents OF the government of the Uuited |
states, and ite is your duty to come Tor.
ward and bear your prop PORTION OF lund-
ing the national debt; we have maue |
you rich I'VE have made you powerful I'VE
nave given you the most valuable iran
chiss ever gwen to any corporation IN |
any civilized community now come tor
ward and bear your portion oil the com.
mon burden" We sppeaed to them to
Del The democratic party IN both |
houses OF congress was met ,hen-I Will |
not say the democratic party, because
there were some republicans who stood
with US IN that terrible coutest-but we
were met then with the assertion You
nave no right IN cuerpe tha Y,at;,,,i