The Caucasian. (Clinton, N.C.) 188?-1913, 1896-01-23


issued on itx purchase
Third. Tha, when from any cause
there should be . deficit IN the
Treasury. the Secretary OF the Treas
ury should issue legal-;ender notes
sufficient in amount TO meet AL de-
mAndx for current expenditure. AID
when said notes are returned into
the Treasury they should be destroy
ed.
Fourth, That all laws now exist /
ing which authorize the Secretary OF
the Treasury to sell in,erest-bearing |
bonds OF the government should be |
repealed.
Fifth. That il is NO, only the es-
tabiished policy of the United
States to keep all kinds Of money is
sued under their authority ~ par,
but it is also the established policy
of the United States to require all
creditors. public and private, to re-
ceive the gold and silver coins IN
payment Of all obligations where
the terms Of the contract stipulate
for coin payment, and that il is the
duty of the Secretary of the Treas
ury to pay United States notes when
presented in both gold and silver
coins.
Sixth, That We repudiate the idea
that q public debt is a public bless
ing; on the contrary, it is q burden
which the interests Of the people
and the preservation of the public
credit demand should be removed as
rapidly as practicable.
Seventh, Tho sinking fund estab-
lished by law should be rigidly COM
piled with, and the amount now pro-
vided should be REINFORCED so that
the whole Understanding debt
should be extinguished as rapidly as
possible without imposing unneces-
| sary burdens upon the resources of
the country.
Mr.. Mills made an extensive and
forcible address in support of this
resolution.
Mr.. Pueh, (Dem) offered tue fol-
lowing:
Resolved by the Senate, the
House of Representatives concur
ring therein: That, the bonds of
the United States issued, or author
lied to be issued under acts Of Con-
gress, are payable, principal and in
tel est, at the option of the govern
ment of the United States, in silver
dollars of the coinage of the United
States containing 4l24 grains each
of standard silver; and that to re-
store to it's coinage such silver coins
as a legal-tender in payment of said
bonds, principal and interest, is not
in violation of the public faith, nor
in derogation of the rights of the
public creditor.
Mr.. PUGH said: The concurrent
resolution l have introduced is an
exact copy of what is known as the
Stanley Matthews resolution, which
passed both Houses of Congress in
I. 1878, by a two-thirds vote.
II House.
The day was spent in a pension
, grab wrangle and twenty-nlne new
pension bills were introduced.
THURSDAY, JAN. 16TH.-sENATE.
Five pension bills were introduced
Mr.. ALLEN, Pop.) Mr.. President
,, l wish to call attention to matter
> that occurred yesterday. The chair
man of the Committee on Foreign
Relations reported back the bill t.
prevent citizens of the United State
from soliciting or receiving and &C
cepting titles, or patents of nobility
: or degrees of honor from foreign ma
.. tons, and for other purposes, with
= recommendation that it be indef
. nitely postponed, which was agrees
= to. The Senator from Ohio in max
. ing the report said:
1.-THE committee are of opinion
: that it is hardly worth while to dig
~ Nifty with tho form Ct legislation tn
fact that some American citizens re
S ceive titles from a foreign govern
S ment; that they ought to be laughe
:. at rather than be sent to the pen
II Tertiary for crime"
> do not believe that the America
. people think that way. l believ
T the patriotic people, the true Amer
y can citizens of this country want t
\ see law passed by Congress ths
y will punish as a crime any man VIII
= may accept title or patent of nc
l. bility from a foreign government
\, l hope the Senator who had charg
n of this measure will permit an orde
I to be made this morning placing tt
L bill upon the calendar for consider
1 ton.
IF The V1oE-PREs1DENT. If there
1e no objection, the vote by WHICH Il
IN bill was indefinitely postponed wi
IS, be reconsidered, and the bill will
ne placed on the calendar with the a
ot verse report of the committee. Fl
IS chair hears no objection, and it is
10 ordered.
We There was some discussion on Il
K matter of recognizing the indepe
RS dence of Cuba. Then there was so1
lis talk on the bill to construct COVER
1g ment telegraph cables in the Pact
or ocean, in which Mr.. Allen took 1
n9 active part.
cd This day was also spent in discus
of ing pensions.
an Mr.. Linnsy, of North Carolir
no made a strong speech in which
ror gave some interesting figures.
M showed the amount of internal re'
a nue. of various States and the amou
of money the same States receiv
rse as pensions. He said, while spes
,at ing Of pensions as result OF I
he war;
AT my section went under. I rect
ate NICE the great principle that
, It government owes to this class of
las public servants, the soldiers "
ese fought to preserve it, the duty n
if6- of pensioning them, but at the sa
les time. Mr.. Chairman, while that
nee so, want to call the attention
,.t. the committee to some little matt
&C. tnat nave gwen me some trou.
"a IL IS tn1s, ana II tnere GEL Possl
tic be q remedy all patriots will uI