The advocate., 1890-11-05
THE LEGAL TENDER RILL.

would ask that You would give IN your next issue
or as soon as practicable, what were the eytenu.
atIons II any that he gave for signing such act
II seems hard chat 80 noble % spirit should be
implicated IN so abomlnable a scheme,
LC,A
The foregoing question was re-
ceived some time ago but political
matters claimed 30 much Of our time
that il his been neglected We have
no knowledge and can find no record
Of the circumstance referred to in
connection with the signing Of the
bill. Az il originally passed the
House, the bill was free from any OBJ
jectionable features. Wall street be-
came alarmed, however, at the pros
pect Of an extensive issue Of the peo-
ple's money Hasty meetings we're
held and special ENJOYS were dis
patched to Washington in order to
prevent the agreement Of the Senate
to the House bill Their mission was
successful. IL went back to the
House shorn Of ts honest character,
crippled with fatal amendments,
a measure that met the approval Of
Shylock. The House refused to con-
cur in the Senate amendments and
committee Of conference was appoint
ed, consisting Of Fessonden, Sherman
and Carlile, Of the Senate, and Ste
yens, Horton and Sedgewick, Of the
House. IL was in this committee
that the great Pennsylvania Conn
moner made the fight for the people
He was, however compelled to yield.
The armies in the field must have
supplies Of ammunition and food
The soldiers must be paid Their
families Mt home were in want Of the
necessities Of life The Senate,
dominated by Wall street, refused to
recede from it's position. The gov
ernment must have money, and the
committees wore forced by the neces-
sites Of the government on the one
hand and the obstinacy Of the tools
Of Wall street on theother to accept the
fatal compromise. It was Mr.. Ste
vens who shed tears as he entered
the House from the committee room.
In the discussion that followed, he
said:
have said stevens very few words TO
say lapproach the subject with more depres.
sion Of spirit than ever before approached any
question. No personal feeling or motive lnnu-
ences me- hope not, at least have melan- |
choly forebodlng that We are about to consum.
mate cunnngy devised scheme which will
carry great injury and great loss TO aIl classes OF
people throughout the union except one. With
my colleague believe that no net Of legislation
Of this government was ever hailed with as much |
delight throughout the length and breadth Of
this union, by every class Of people, without eN.
ceptlOn, as the bill which we passed and sent 10
the Senate, Congratulations from all classes
merchants, traders, manufacturers, mechanics
and laborers poured In upon uS from all quar-
ters. The boards Of trade from Boston, New
York, ~, Louis, Philadelphia, Cincinnati, Louis
yille Chicago and Milwaukee approved its pro
visions and urged los passage as II was
II is true there was a dolerul sound came up
from the cayerns Of the bullion brokers and the
saloons Of the associated banks. Their cashiers
and agents were soon on the ground, and per
suadtd the Senate, with but little deliberations 10
mangle and destroy what II had cost the House
months to digest, consider and pass. They fell
upon the bill In hot haste and SO dIsfgured and |