The advocate., 1891-10-21

crlmlDatl0ns between different classes OF
creditors. Mr.. Stevens declaration
covers the ground and you have not even
attempted to meet the objection. You
have ignored it entirely endesvored TO
cover 1t up with dust. cannot permit
you to escape it. Read it carefully.
With my colleague, believe that no act 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 exception, as the bill which we passed
and sent to the Senate. Congratulations from
all classes merchants, traders, manufacturers,
mechanics, and lAbOreTs-poured in upon us
from all quarters. The boards Of trade from
Boston, New York, st. Louis, Philadelphia, Gin
cinnatl Louisville, Chicago and Milwaukee ap-
proved It's provisions and urged its p sSage as 1t
was.
It was true there was dOleful sound came up
from the caverns Of the 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 lttle deliberation,
to mAngle and destroy what II had cost the
House months to digest, consider and pass They
fell upon the bill In not haste and so disaguFed
and deformed 1t that It's very father would not
know It. Instead Of being q beneRcent measure
It IL now positively mlschievouS. Il has all Che
bad qualities which It's enemies charged on the
original bill, and none Of its benefits. It now
creates money, (mark the words, "createS
MONEY. ."-Ed.), aud bv tLs very terms declares
it deprecated CURRENCY 10 makes tIUO classes
Of m0nev-ORe for the banks and brokers and
one for the people. 10 discrtmindteS betlCeen The
rights Of the different classes Of creditors, allOsC-
ing the rich capitalist 10 demand gold and conn
pelHnO the ordinary lender of money on tRdt-
UidiI0l security to receiUs notes Ohtch the 0OueT-
BleRt had PURPOSELY deprecated
l desire to add a part Of one more
paragraph of Mr.. Stevens speech. 1t
relates to an amendment he offered to
the Senate amendments.
My amendment Is to except from the opera
tlon Of the legal tender clause the officers and
soldiers Of the army and navy, and those who
supply them with provisions, and thus put them
on the same footing with the government credit
ors who hold their bonds. hope they will not
be thought less meritorlOus than the money
changers. j trust that ie will be adopted as an
amendment TO the Senate amendment, so that
II this pernlcious system Is to be adopted, II the
beauty Of the original bill Is TO be impaired,
those who are lighting our battles, and the
widows and children Of those who are lying In
their graves In every part OF the country, killed
In defense Of the government, may be- placed on
no worse footing than those who hold the bonds
Of the government and the coin Of the country.
But this was not to be. The soldiers
and sailors whose patriotism led them to
offer their lives for the salvation Of the
nation we're not to be mentioned the same
day with the Shylocks VINO were specu-
lating upon the necessities Of the govern
ment, by the precious crew that had
charge Of government affairs.
Now q few words concerning that
masterpiece Of financial jugglery, the
"credit strengthening act" which you 80
much admire. | want TO ask you sir, II
you do not know that the bonds into
which the greenbscks were converted
were not payable In coin? Do you not
know that they Uere payable in legal
tender money Of the United States, In
other words, in greenbacks--the same
kind Of money with which they were
purchased by the bondholders? Do you
not know that 1t was 81 act Of the great
est perfidy and betrayal of the inter
ests of the people, to pay them in any
thing elseH And do you not know
further that altar that act of nAridY