The advocate., 1892-01-27
THE "BTUETON DoLLARD gEANDER.

ton, Is contained in Mr.. HeDdersOn'B reply 10
Mr.. DOCkery, published In the Congressional
Record Of January l6
Mr.. Dockery said:
The condition Of the treasury. Mr.. Speaker,
may be briefly summarized IN the statement that
the available surplus Ia now but go 466, 1896.
Mr.. Henderson showed from the treasury
statement for the first Of this month available
funds In the treasury amounting to 9162,3S7,.
500 12.-CGDttal.
Mr.. Henderson's REPUTATION" and
the Capitals comments demonstrate
the insinCerity and mendacity Of both.
Mr.. Henderson's exact language is as
follows:
The gentleman from Missouri (Adr DOckery)
says:
The statement Of the secretary Of the treasury
shows the net cash balance In the treasury
January /, 1892, TO be e34 574,l23 30.
The impression Is sought to be conveyed all
through the gentleman'S speech q at this Is all
the available money we have In tho treasury.
From that he deducted 8i4,l0S,OOO Of subsidiary
and minor coin, thus reducing TO about $40, ,OOO,-
900 the available cash In the treasury Of the
United States
beg to call the attention Of the gentleman
and Of the House to the fact that In the very
statement to which he refers, II he VIII examine
it thOFOugly, he win and, that In addition to the
Ss4,OOOOOO In round numbers, stated by hlm,
there Ia In the treasury to the credit OF the dis
buTsing officer Of the United States, money 20
pay of the appropriations that he says are
being neglected and cannot be met, to the
amount Of S27,8l3,47O SO. In addition to that,
the same statement shows that we have IN the
vaults Of the treasury &lOO,OOOOOO In gold So
that at the time when the gentlem an undertook
to impress the country with the Idea that We
had but e0OOOO,OOO available, the secretary Of
the treasury could draw his check against G162,.
SS7,6sO.l2.
The insincerity and hypoCucy Of
Mr.. Henderson's statement and Of
the Capitals laudstion OF il will sp-
pear by reference to a single item Of
the assets above enumerated. Many |
years ago the government pur.
chased with interest bearing bonds
$lOO,OOOOOO in gold and stored it
away in the vaults of the treasury,
thereby Withdrawing il from the cir
culsting medium, under the pretense
that it was necessary to hold this gold
for the redemption Of the $346, ,0O0,-
600 of greenbacks that were In cir
culation. That gold has been locked
up during all these years under this
hypocritical pretense notwithstand-
ing there is a law upon the statute
books absolutely prohibiting such re-
demption and retirementof the green
backs, and the people have been pay.
ing interest on the bonds issued for
it's purchase. Now comes Mr.. Hen
derson in the extremity of the treas
ury's depletion under Republican ad-
ministration, and declares this money
q part Of the available funds against
which the secretary can draw his
check for current expenses Of the
government and the Capital declares
his exposition 'the ablest refutation
yet made of Democratic slsnder
against the billion dollar Congress-"
II might more appropriately be desig-
mated as an exposition Of the folly
and fraud Of Republican statesman
ship. It affords striking illustra-
ton of the idiocy Of people who will
continue to vote to maintain party
in power that is guilty Of this kind