Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-09-13
Daily xfaatbet 5sarxal.

= ~ -
uarrenEy for many yeass = Co
The national banks, the m1u
ey.. The god rags in Nev York. - d
perssoes Of Wal street.. the noaey kin
~ Fursue. To whom we are Anancially Z
saved. they si.E present the yTeenbecks
redemption ard dsstsuetion - list - :
gold can be paid over she cosnssfs Of :
treasury
And year Later, May IA, 1878, Unit
States Senator Coke Of Texas, voiced
implaeabie hostility Of his party, - folio.
az 10 better, Mr.. President, that We b
: our tine AID turn back from the fright
xbyss of ruin which yawns across the ps
way To resumption The experiment MT
end IN failure. and must enxuh the couni
in 4 lover deep Of misery than i has !.
farhonled. The bulk Of the State, peiva
and savings banks. with their vast sam
|, the people's deposIts. must 60 BY the boz
BY reason Of the insuiaciency OF their
serves. and many Of the national oai
mn,e fail from the same cause La
= general crash the whole system. from
, treasury duzn, must saecumb. It -
ply a question Of time, for this result M
occur, and In my judgment. the time
be yer, short after the ist day Of jam
> nsxf."
=, And this Democratic opposition 70 ress
-, ing specie payments vas nof con n,ro
! ak, for We fiad repeated records OF hos
votes
u GA January 10, 1876. Mr.. Holman mo
= 20 suspend the rules and pass resoiui
To report 8 bill to repeal 90 much Of the
sumption act ~ authorized the secretary
j the treasury 10 redeem Ia coin United 50
notes. IL lacked a two-thirds vote,
there we're los yeas to 3s nays, and OF th
yeas all but 10 were Democrsts.
February IA, 1876, resolution emp
er.ng the secretary of the treasury TO CO
II out the provisions of the resumption
" was loss--s5 yeas, 1879 nays; all but 8
y the nays being Democrats.
January 7, 1876, resolution to rel
the resumption act vas lost-yeas III,
% l5s, and IO6 Of the liz yeas were De
4 Gratis.
- August 5, 1876, Mr.. Cox reported 8
:, prov ding that the resumption-day cis
Of the resumption act of 1875" be repea
and ID passed the House--yeas l0S, q
!, jG all bat of the favoring votes BE-
~ cast by Democrats.
=. June Il, 1878, Mr.. Townshend OF
y y nois, moved TO suspend the rules and rel
the provision of the resumption act autl
a., izing the sale Of bonds for resumption
=, poses; it only failed for lack OF two-thi
" there beina-yeas us, nays III; an(
:, the yeas all bat IL were cast by Democi
- So might 90 on. Mr.. Speaker, with
=, record of Democratic hostility To e.
in- o ,rtant measure devised by the Rel
!, hcan party for the purpose OF maintail
- the plIghted faith of this nation, ant
give to our currency and our credit,
- home and abroad, that stability which
b necessary to place US in the rank We
!. entitled 10 occupy among the great nat
=, of the earth.
~ But some gentlemen may say this is
!. cieni history. All, yes, my ffiends'
n. De nocrats are very glad to have your
/. , to-y regarded As ancient the day after
- tiuie. Laughter. And you never
Ia cognize any sound principle until ate
have established it in spite of You.
"a No more graphic characterization OF
e trait of the Democratic party has
en- come to my knowl ledge than that which
~ scribed il a. like Q man who rode back
Isl in railway car and therefore could n
ha see anything outside until the train
=. got past it. Laughter. So you
-; very glad to swathe your record in
' bsndages of forgetfulness and to rais'
~ cry of dead issues" whenever you ar
:. called to the unwelcome duty of examl
as the history of the past.
I But without following this history in
.@ tinuous sequence, make the declar'
the here. without fear Of contradiction,
from the beginning of the Rebellion t
present time, upon every occasion when
ow public measure has been pending invo
ght the financial interests and integrity
ed. country on the one side, and deprecla
ask initiation. or Reputation on the other, !
our always been made partisan question
cen the Democracy, and they have invar
hat been ranged against the national
ing and the Republican party in defence
isn Democracy Tor Silver Initiation.
oh, WHY, take this silver legislation v
the phase of which we are now concerning
selves. Let us go back simply to the
,rtv age of the Bland bill, bill for coinin
vel yer dollars of greatly deprecated valu
ave ill. defamation and fiat eloquence
pie contrary not~thstanui"s' 'ney
m markets OF the worm ior ohiy "''u
tile the value of their face.
lOc- The Bland Dill winch ousn. :" ~
ina, you was first vetoed by Republican
the dent when passed over the veto OF Pre-
ime Hayes. went through the House by a
,rtv IFS Democrats and Is Republican
Democrats being nearly two to one in
SIS vor. The nays were 81 Republican
ions % Democrats, the Republicans beng
,one than two to one against it.
ring The So Called Sherman Act.
, in And this brings US down to the p
,oo- of the so-called Sherman act. | am
,ntv vlad that the clear statements of nj
Of the gentlemen who have precede