Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-07-23

T
gold" mentioned as the money OF re-
fenD,ion. Coin" is the only thing
sDeciRed. Does honor require that
the government shall give the option
of payment to the creditor, that the
government shall always nay the cred
iJcr in the dearst coin and ignore the
contract and the law? The first law
ever signed by President Grant on
March Is. 1869. entitled law TO
strengthen the public credit declared
That the faith of the United States is
solemnly pledged TO THE PAYMENT
IN COIN OR ITS EQUIVALENT OF all
of the obligations Of the United States
moi bearing interest. known as United
STATES notes. and of all the in,erest-bear-
inc obligations Of the United States, ex-
cent in cases where the law authorizing
the issue of any such obligation has eX-
2ressly provided that the same may be
maid in lawful money or other currency
than gold and silver.
This is another explicit, pledge that the
bonds were payable in coin" and rec
ognizing gold and silver on an equality,
as the Democratic convention declared
the government should do.
The law next enacted on this subject
&c rho ac- of January IA. 1878 providing
for ths resumption OF specie payments.
Ii reads:
ma on ard aft=r the first day Of JJanu-
ary A ID. 1S.g. tbs ;. en- taiN OF tIt - -
ury SHALL REDEEM IN GUN Ute
,.,,n7i,e On IA fr pro ntatiOn for re-
h mutton at the oftic- or il- dssls'.i! !
esrlr5- of the United States IN tut ClLly
If Nv York. iu sums Of not less jhah S'V'
Here again is gold and silver eX-
pressly recognized as the mony OF final
redemption. BY sticking to the text
The law. the Constitution, what have the
Democrats repudiated in their platform?
We next come in regular order to the
Stanley Mathews resolution, which IS the
legislative Interpretation and express
ion of the above resumption act. lI
r,ssed the Senate January %, 1878, and
the House January 2S, 1878, year be-
fore the resumption act went into opera
lion. This resolution is peculiarly in
terssting at this time. and is as follows;
r solved. That al the bonds of the
T-ff-el States ISSUED or autnOLlLsu 10 oe
issued und=r ~ saii 80 ,S,sa,t "a 0TincT,1I
Ii v-inuef0re r-ct51 are paN3D,e' PTtu ~, 4,
@.-f irr-r.st. At THE OPTION OF III +.
G0VFR%MENT OF THE ONiIt-D
S-r TIES. in silver dollars or the coH!3SS
,ri.,tns each Of standard silver ana lndl 20
rtsto-e 90 its G. mage sucn s.,Nere cCs Ia
as a legal tender IN pay -'et.t >e5rr ~
I-I0TA-YfON' OF THE PUBLIC FAT :,
Nom IL pEROGATLON OF !, - =, 4, y
EIGFTS OF THE PUBLIC CREDITORS
There is no dispute that this concur
rent resolution settles the question OF
Interpretation. and it was passed by
the Senate by vote of 4S yeas-23
Democrats. 10 Republicans and 1 indie
pendent voting for it. The nays were
ONLY %. and were made up Of Z DEM
ocrats and 10 Republicans In the
House the resolution passed by a vote
of 1S9 yeas-116 Democrats and 10 Re
Dublicars-to 10 nays-23 Democrats
and So Republicans. The resolution
passed bo.h houses by d two-Jhirds vote.
In the House. General Bragg, Of Wis
consin: John G.. Carlisle, Of Kentucky;
General Keieer. OF Ohio; Major William
Mckinley. Of Ohio; William R. MOrri-
son. of Illinois; William Springer, of
Illinois. and Secretary Of the Navy
Hilary \. Herbert voted for the meas
ure. In the Senate, William Allison, OF
Iowa: James B. Beck. Of Kentucky;
Joseph E. Macdonald, of Indiana;
Richard J. Oglesby, of Illinois; William
Window, CT Minnesota, and 4S other
Senators in high standing supported the
measure with their votes.
And now we come to John Sherman
again five years after the demonetiza
ton Of silver. In 1873 he was Al the
head Of the treasury department and in
his report Of December Of that year in
anticipation Of the resumption act go
ing INFO effect the first Of the coming
year made his declarations
The secretary deems it proper 10 state
THAI i'm the meantime. in the execution Of
th '4w as Go ROW stands. h viii feel IL to
e. his duty tc redeem all Uuited States
notes presented or and after January
NIX, at tbs oiIice Of the assistant treasurer
at the United States in the city Of New
York. in sums OF not les than $50. with
either gold Or silver coin, as desired by the