The advocate., 1891-09-16

when you say that these methods will
fail to win Us back. They only con-
firm us in our course. Now, sir, I
will not leave you in the dark as to
the precise legislation TO which we
attribute the results. ] have alluded
to. / shall not elaborate greatly the
operation of this Legislation at this
time. This would require too much
space; but / shall be sufficiently ex-
plicit that I think both yourself and
my readers will understand me. I
affirm that wealth has been legislated
into the hands OF the favored few.
Let us see.
In proof Of this proposition I in
vite your attention first to the excep-
tion clause in the legal tender act
This was the work Of a Republican
Senate. The legal tender act, as it
passed the House, provided for full
legal tender currency, and / propose
to give you little good Republican
testimony as TO the character, the
purpose and the effect Of the Senate
amendments. After the two houses
had failed to agree and the commit
tee Of conference had done its work,
the discussion upon it's report is Of
momentous interest. VIM. d. Kelley,
of Pennsylvania describes the return
Of MIR. Stevens to the House as fol-
lows:
remember the grand old cOmmOner, Thad-
deus Stevens, with his hat in his hand and
his cane under his arm, when he re-
turned to the House after his final conference
and shedding bitter tears over the result. "Yes,'
said he, 1--WE had to yield; the Senate was stub
born. We did not yield until we found that the
country must be lost or the banks gratiied, and
we have sought to save the country In spite Of
the cupldity Of the Weather citizens"
Mr.. Spaulding, in the discussion Of
the Senate amendments, said:
Why make this discrimination? Who asks to
have one class Of creditors placed on a better
footing than another class? Do the people of
New England, the middle states, or the people Of
the west and northwest, or anywhere else In the
rural districts, ask to have any such dlsCrimlna-
ton made in their favor? No, sir; no such uD-
Just preference Is asked for by this class Of men.
They ask for national currency pure and SIM
pie. They ask for q national currency which
shall be Of equal value In all parts Of the cOun-
try.
Who then are they that ask to have prefer
ence given them over other creditors Of the gov
ernment? Sir, 1t lss class Of men who are very
sharp In oil money transactions. They are not
usuOlly among the producing classes, not among
those who by their labor and skin make the
wealth Of the country, but q class Of men who
have accumulated wealth, men who are willing
to lend money to the government II you will
make the security beyond allquestion, give them
high rate Of interest and make 1t payable In
coin.
Henry Wilson said:
It is contest between the brokers, iObbarS
and money changers on the one side, and the
people Of the United States on the other. Iven-
ture to express the opinion that ninety-nlne Of
every hundred Of the loyal people Of the United
States are for this legal tender clause.
Mr.. Hooper said:
am opposed to this amendment OF the Senate
that requires the interest on government notes
and bonds to be absolutely paid In coin, because
is effects tOill be 10 deprccidtc those as compared
iCtth coin. By declaring them iR ddraRce 10 be so
deprecated. It creates necessity for the gov