The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-01-04

platform, nor in the writings or speeches
of democratic leaders Of the past for
the theory now insisted upon, that this
government shall enter upon the issue
of treasury notes to be made legal ten
der As 10 the decision of the supreme
court. he said 1t shocked the public con-
science, and was not in harmony with
democratic doctrine
Mr. Black quoted the dissenting opinion
of Justice Field in that case, and an ex-
tract from speech delivered by Daniel
Webster In the Senate in 1885, as ex-
pressing his views. Mr.. Webster then said
Most PROFESSIONALLY there as no legal
tender and there can be no legal tender In
this country under the authority Of this
government, or any other, but gold and
silver, either the coinage of our own
minis or fore.gn coins al rates regulated
by congress- The time had come, Mr..
Black sad, when, if the very fabric of
our institutions was TO be maintained in
its integrity We should return to the safe
requirements and limitations of the con-
sttut.ons. Mr. Black deprecated the pas
sage Of legislation IN the efforts to re-
l.eve business depression or any financial
ills. Nothing ought to be done, he said,
which would lead the people TO think that
every time they wanted anything done
to relieve or Improve their condition they
could come to congress with confidence
that what they asked would be granted.
The bill under discussion, Mr.. Black SAID,
in answer to a question b. Mr.. Walker,
rep, of Massachusetts, might not do all
that was expected of it, but he was will
ing TO vote for it as an experiment. All
legislation on this line, he said, was ex-
per.mental in character.
Mr.. Black referred to the opposition
which 1t was stated Gen. Jackson had
manifested to banks of issue. While he
was opposed TO such banks, he showed
that he had great reliance in the state
banks, and when he withdrew the gov
eminent deposits from the United States
bank he placed them in the state banks.
Justice fancy had said, with reference
to this removal, that he had no doubt
that the state banks could furnish a bet
ter circulating medium. quite as uniform
in value as that which had been furnished
by the United States banks, and probably
more So"
Mi. Black declined to enter into a dis.
cussion of the merits of the state bank
system. but announced his opposition to
the tax which had been lad upon the cir
cuiat.on Of state banks. He questioned
the right Of the House TO continue the
tax, and urged that the people be per-
m.tted to settle this matter for them
selves. He came from a state that had
never repudiated its obligations, and IL
any of its paper were stll outstanding,
and should be offered for redemption, ii
would be promptly redeemed in legal ten
der money.
Other speakers were: Messrs. McCreary,
dem. Of Kentucky. and Buckner, dem, of
Kentucky in advocacy of the bill, and
Messrs. Haugen, rep, of Wisconsin, and
Adams. rep, of Pennsylvania in opposi-
ton. An animated eolloquy occurred be-
tween Mr. Adams and Mr.. Warner dem,
of New York respecting the operation of
the Mckinley law upon the wages Of the
Pennsylvania coal miners, with which the
proceedings of the afternoon closed. The
House adjourned at 4:45 O'Clock until
tomorrow.