The advocate., 1890-06-11

ed, passed the senate by an Overwhelm,
ing majority, and was referred back TO
the house for concurrence 10 amend
ments ON the l4th Of February. On the
10Th Mr.. Spaulding opened the debate In
opposition 20 some Of the amendments In
a speech that most ably and thoroughly
exposed the sinister and deyillsh inten-
tlons Of the money power We only have
space for a few short extracts
ann (saId he) opposed 10 all those amendments
| of the senate which make unjust discrimination
between the creditors Oi the governments. A
soldier on sailor who Performs service IN the
army or navy N q creditor 0t the government,
The man who sells food, clothing and material
/ OF war for che use Ol tho army and navy n q
creditor OF the government Tho Capllaliat who
holds your 1910 treasury notes or your o per
cent coupon bonds y y oIHllt0I OF tle guyeFIs
ment. / ann opposed 90 all these amendments Of
| the senate which discriminate In favor OK tlo
holders Of bonds and notes BY compelling th0
government 70 10 Into the hbfeGtA every Nx
months 70 sell b0nda no tho Unmarked prlge' 10
purchase gold and silver IN order % pay tlle IN.
tercst "in coin" 10 the capitalists who now hold
| United States stocks and treasury notes hereto.
fore issued, and tlmt may hold notes and bonds
! hereafter isBlled,
Mr. Hooper said;
am opposed t0 thla amendment Of the senate
/ that requires the Interest on government notes
4 and bonds 10 Do absolutely paid IN cOin hgCGpae
| Hs eject Oil ne % depfecidte These qb ootlpiftf
! tbiih G0in M deoldFNg them iB diudtde ib bb 30
deprecated Itcfealaa necessity for tlle gov
Ornment tO obtain large amount Of coin by
purchase, it II not reCeivod In taxes and loans,
which hold out an lnlucemenI 70 Speculate on
the, necessity q the goyeTnmens Dy collecting
and boarding the coin against th0 time THAT II
will be required by the government 10 pay ta
interest
But II remained for the grand old com
moner, Thaddeus Stevens, 10 pour out
his whole soul In denunclation Of the
countTy's despoiIes, the hordes Of specu-
lators who at this time and ever since
have thronged the national capital and
desecrated our temple Of liberty. AZ the
risk Of being tedious we quote the follow
ing extracts from his speech In closing
the debate upon this, the most important
measure that came before congress dur
ing the war:
| have [aaid MT, Staveusl very few words tO
say approach the subject with more deprcs-
sion Of spirit than ever before approached any
question. No personal feeling or motive inilu-
ences lne. hope not, at leAsk have q melNn-
ch0y f0rebOdlng that we are about ~ cOngunl.
mate cunningly devised goheme which win
carry great injury and great loss 10 OIL classes Og
| people throughout the union except one. With
my colleague, believe that no act Of Legislation
Of this government was ever hailed with as much
delight throughout tho length and bTeildth Of
this union, by every class Of people, without OK
CeptOn, as the blll which we passed and sent 10
the senate Congratulations from all CLASSES
merchants, traders, manufacturers, mechanics
and laD0rers poured In upon us from all quar-
tgrs, The DOnFda Of lTnde from Boston, New
York, 80 Louis, Philadelphia, Cincinnati, Louis
Vile, Chicago and Milwaukee approved It's pro.
visions and urged its passage aa u was.
| IL was true there was d0leiul sound came MP
from the cayeTna Of Che bullion brokers and the
saloons Of the associated banks Their cashiers
and agents were soon on the ground, and per
suaded the senate, with but little deherntiOn, 10
uAanglo and destroy what II had cost Che house
months % digest, consider and pass. They iell
upon the bill In hot haste and 10 dighglRed and
deiOrned II thatitH very father would not know
N. Instead Of being benencent measure lt Is
now positively mlsClieyOus. II has al the bal
Qualities which los enemies charged On the Oflg-
nal blIe and none Of its benefits. IL now creates
money, and by lts very terms declares i q dep
reOlated currency IL makes TWO CAa8ges Og
mOney--One FOX the banks and brokers and one
for the people. II dlscriminates between the