Terre Haute Weekly Gazette, Terre Haute, Vigo County, 7 March 1878 — Page 3

The President Vetoes llie silver Bill.

Full Tfxt of His Veto Mesa iv in is Reasons.

He Claims That it Would Hurt tho Public Credit.

AIM! in Hi*Opinion Credit Hunt be Pre&crvcd,

No Matter What May Happen to the Country.

The Message is Received and Read by Both Houses,

Without any Delay Whatever, the Bill is Passed,

By More Than I he Required Two-Third* Majority.

Particularly in the House, Where the Democrats Have a Majority.

It is Now, Therefore, the Law

of the

Land.

Sam. Cox Makes a Pretty Direct Statement,

Calling the Message a Charge of Fraud by a Fraud.

Names of the Men Who Voted for and Against the Bill.

[From Thursday's Daily, Feorunry S8tb.! A REPURT. Washington, February 28.—It is stated privately on the floor of the House that the President has vetoed the silver bill,

A FACT.

Washington, February 28, 1:35 P. M.— The President luis just returned the silver bill to the Hotive without his signature, stating his objections.

TEXT OF THE MESSAGE.

Washington, February 2S, 1:40 P. M.— The Speaker laid the veto message before the House, and, perfect order having been obtain, and the »lurk, lend it.

The following is the full text of the veto: To the House of Representatives. 'c *,

After a very careful consideration of House bill No. 1,093, entitled "An Act to Authorize the Coinage of the Silver Dollar 'and to Restore Its Legal Tender Character," 1 leel compelled to return it the House ot Representatives, in which i* originated, with my objection to its pas •age. Holding the opinion, which I expressed In my annual message that neither the interest of the the government nor of the people of the UPited States would be promoted hy disparaging hilver as one of the two precious metals which furnish the dual coinage of the world, and that legislation which looks to con tracting the volume of intrint ic money to as full a measure ot both metals as their relative commeicial value will permit would be neither unjust nor inexpedient

It has been my earnest desire to conCur with Congress in the adoption fuch measures to inciease the silver coin age of the country as would not impair the obligation of contracts, either public or private, or injuriously aftect the pub" lie credit. It is only on the conviction that this bill does not meet these essential requirements that 1 fcl it my duty to withhold from it my approval. My prcs* ent official duty as to that bill admits only of attention to the specific objects of the bill which it seems to me the constitution has in such war provid* ed. The bill provides for the coinage of the silver dollar of the weight of 412^ giains, each, of standard silver, to be a legal tender to their nominal value for all debts and duties, public and private, except when otherwise expressly stipulated in the contract. It is •well known that the market value of that number of grains of standard silver during the past year has been frcm go to 92 cents as compared with the standard gold dollar. Thus the 6ilvcr dollar authorized by the 1 ill is worth from S to to per cent, less than it purports to be worth, and Is made a legal tender for debts contracted when the law did not recognize such coins as law fill money. If is is issued in sufficient amount to circulate it will put an end to the receipt of revenue in gold, and thufl compel the payment of silver for both the principal and interest of the pub too of the bonded

'i

The sum of $225,000,000 of those bonds has been sola during my administration for gold coin, and the United Stales received the beneit of those sales by reduction of the rate of interest to 4 per cert. During the progress of those sal »s a doubt was suggested as to the coin in which the payment of those bonds would be made/'1 he public announcement wa9 thereupon authorized that ii was not to he anticipated that any furiher legislation o! Congress, or any action of any department of the government, would sanction or tolerate the redemption of the principal of these bonds or the payment of interest thereon in coin not exacted by the government in exchange for the same.

In view of that fact it will justly be.regarded as a grave breach of the public faith to undertake to pav the»e bonds, pi incipnl or intirest, in silver eoinjworth in the market less than the coin received for them. It is said the silver dollar made a legal tender by the bill will, uncer its operations, be equivalent in full to the gold dollar. Many supporters of the bill believe this, and it is just an attempt to pay dibts, either public^or private in coin of inferior value to the money of the world. The capital defcct of the measure is that it contains no provision proprotecting from its operation pre-existing debt* in case the coinage which it creates shall continue to be of less value than that which was the sole legal tender when tliey were contracted. If it is now proposed for the purpose of taking advantage of depreciation of silver in piyment of debts to coin a legal tender ot a silver dollar, ot les9 commercial value than a dollar whether of gold or paper, which is now lawful money of this country, such a measure, it will hur.ity b* questioned, well in the judgment of mankind be an act of bad faith as to all debts heretofore contracted. The silver dollar should be made a legal tender only at its market value. The standard of value should not be changed without the consort of both parties to the contract. National promises should be kept with unflinching fidelity, 'lhere is no power to compel a nation to pay its ju.st debts. Its cr.dit depend: on its honor.*

The nation owes what it ha& led its creditors to expect. I cannot approve a bill, which, in my judgment, authorizes the violation of sacred obligations. The obligation of public iaith transcends all questions of profit or public advantage. Is unquestionable maintenance is a dictate as well of the highest experience, as of the most necessary duty, and should ever be carefully guarded by the executive, by the Congress, and by the people. It is my firm conviction that if the country is to be benefitted by silver coinage, it can be only done by the issue of silver dollars of full value, which will defraud no man, and a currency worth less than it purports to be will, in the end. defraud not only creditois but all who arc engaged in legitimate business, and none more assuredly than those who are dependent on their daily labor for their daily bread. Signed,

RJ^THKKFOKD B. HAVES, Jifv, President of the United States. Executive Mansion, Feb. 28, 1878. ^, 4

IT PASSES.

Washington, Feb. 28.—The silver bill

passed the House notwithstanding the

veto, and immedia'.ely after the reading

of the message, by a vote of 196 to 73.

The announcement was greeted with

general applause. BULLETIN.

Washington, February 28, 4:15

p. M.—At four o'clock the Sen

ate.u,' proceeded to vote on

the passage of the silver bill notwith"

standing the objections of the president,

and it wa9 passed by a two-thirds vote.

Yeas, 46 nay9, 10 (From Friday's Da'Iy, March 1st.)

.. A HOUSE. J.1-x

Yesterday the GAZETTE gave the yeto message in full and the result ol the

action of both houses. We give below

the full proceedings of both bodies in relation t® the silver bill, embracing the reception and reading of the veto message, and the passage of the bill, almost mmediatelv, ovtr the veto by a hand some majority the requisite two thirds The Democratic house gave the bill an overwhelming majority, but in the Republican senate it was uncomfortably close. At the time ot the reception o^ the message the house was considering a report of the naval committee. Begining witi the silver bill, ths report is as follows:

A message wa^. reteived from the president, announcing that he had vetoed the silver bill.

Stephens moved to proceed with the business on the speaker's table, for the ing up the veto message.

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4

to February, 1875, when the silver dollar was unknown In the circulation of this country, and was only a convenient form of silver bullion lor exportation. $583,440,350 of the bonded debt has been issued since February 1873, when gold alone was the coin tor which the bonds were sold, and gold alone was the coin In which both parties to the contract understood that the bonds would be paid These bonds flowed into the markets of the world. They were paid for in gold when silver had greatly depreciated, and when noone would have bought them if it .had been understood they would be paid in silver.

M* 3Le»~*-

.*» ji 4.

unnecessary, as it was the duty of the chair to present it The speaker thereupon, having first seen that order was restoVed and observed, laid the tnetsage before the house.

The message having been read, in the midst of profound silence, the rpeaker stated that the question was, will the house, on reconsideration, pass the bill?

Stephens—On that! move the previous question. [Clapping of hand* and ether demonstrations of approval among th« members.]

The previous tjuention was seconded, and the main question ordered. Stephens—I propose that, by general consent, every member shall be permitted to have printed in The Record such remarks as he may desire to make on this subject.

Banks—I object. Fort—As this message is not to be printed, I ask that it be read again. [Shouts of "no," "no," frcm the friend9 of the bill.]

Speaker—Does the gentleman desire to have the message printed?

1

Fort—I do not. Speaker—It goes into The Record. Fort—I mean to say that as it has not been printed for our consideration, it should be read again before the vote is taken.

Cox, of New Yoik—I object to having the message read again. It is a charge of fraud by a fraud.

McCoox—I call my colleague to order, and ask that his words be taken down at the clerk's desk [shouts of "down," "order," "order," from the Democratic side of the chamber.] I demand that they be taken down and read.

Cox—I simply said that the message was a charge of fraud by a fraud. McCook—That was very improper language to be used in the presence of the house.

Cox—It was a vei true expression' Of the general sentiment. McCook—I insist upon the question of order.

The speaker—The chair thinks that he [Cox] was not entitled to make any remarks at all.

McCook—But he did make tht-m. The speaker—The roll call has been commenced and must be proceeded with.

McCook—I ask for the ruling of the chair on the words used. The speaker—The chair thinks that the language of the gentleman from New York was out of order he had no right to im it. I'hi rj,)orcers were* 11 bj.i to take it down at all, a3 part of the congressional record.

McCook—That is all I ask, that it shall go in the Record it ought it is a singular expression for the gentleman to use.

Tne speak r—rI he chair did not recognize the gentleman to inake the remark.

McCook—Does it go into the Record? The speaker—The chair thinks it bhould not go into the Record?

McCook—Verv well that is all The vote was then taken, and resulted —yeas, 196 nays, 73. The last three votes were cast by Bragg, Cook and Kelley, all of whom had been absent from the house by illness, but came up in time, by unanimous consent, to record their votes, which they did in »he affirmative.

Following is '.he vote in detail.* YEAS: Aiken, Aldrich, Atkins, Baker of Indiana. Banning, Bayne, Bell, Benedict, Bick:-ell, Blackburn, Bland,

NAYS.

Bacon, Dagley, Baker of New York Ballou, Banks, Beebe, Bisbee, Blair, Bliss, Brigjrs, Cain, Camp. Campbell, Chittenden, Clafiin, Covert, Crapo, Davis of Colorado, Denni«on, Dwight, Eames, Eckhoff, Ellsworth, Field, Freeman. Frye, Garfield, Gibson, Hale, Hardenberjjh, Harmer, Harris of Massacnusetts,

S^'ck

US,

4

FEV FR

:B!ount,

Boone, Bouck, Boyd, Btagg, Brent, Brewer, Bridges, Bright. Brogdon, Browne, Buckner, Bundy, Burchard, Burdick, Butler, Caldwell ot Kentucky, Cald well of Tennessee, Calkins, Candler, Cannon, Carlisle, Caswell, Chalmer. Clarke of Kentucky, Clarke of Missouri, Clarke of Iowa, Clymer, Cobb, Cole, Conger, Cook, Cox of Ohio C,ox of New York, Cravens, Crittenden, Culberson, Cummings, Cutler, Danford Davidson, Davis of North Carolina, Deering, Dib rell, Dickey, Dunnel'r Durham, Eden Elam, Ellis, Erretf, Evans of Indiana, Evins of South Carolina, Ewing. Felton Finley, Forney, Fort, Foster, Franklin Fuller, Garth, Giddings, Glover, Goodc, Guntcr, Hamilton, Hanna, Harris of Georgia, Harris of Virginia, Harmon, HartiiJ^e, Hartzell, Harkell, Hatcher, llaytb, llazleton, Henderson, Henry,, Hewitt of Alabama, Heebert, Hooker. House, Hubbell, Hunter, Hunton, Humphrev, Itner, Jones of Alabama, Jones of Ohio, Keighllv, Keller, Kenna Knapp, Knott, Landers, Lathrop, Ligon, Lurtrt.ll, Lvnde, Mac key. Manning, Maruh, Mayhani, McGowan, McKei.^n*, McKinley, McMahon, Metcalf, Mills, Mitchell, Money. Monroe, Moig.tn. Muldrew, Newell, Oliver, Page, Patterson of New York, Patterson of Colorado, Phelps, Phillips, Pollard, Pound, ,Price, Prideinore, Roney, Randolph, Rea, Reagan, Rice of Ohio, Riddle, Robbms, Roberts. Robertson, Robinson of Indiana, Ryan, Sampson, Sapp, Sayler, Stales, Sexton, Shallenberger, Shelley, Singleton, Slemons, Smalls, Smith of Georgia, Sparks, Springer, Steele, Stephens, Stone of Michigan, Stone of Iowa, Short, Thompson, Thornburgh. Throckmorton, Tipton, Townsend of Ohio, Townsend of New York, Townsend ol Illinois, Tucker, Turner, Turney, Vance, Van Vorhes, Waddell, Walker, Walsh, Welsh, White of Pennsylvania, Whiteo» Indiana, Whitthorn, VVaddington, Williams of Wisconsin, Williams of Alabama, Williams of Oregon, Willi9 of Kentucky, Wiletts, Wilson, Wren, Wright, Yates and Young—196.

nt

Hd"e' ^HiuTof

Hiscock, James Jones

ceVir®. P"

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McCook, Morse, O'Niel, Overton, Potter, Powers, Pugh, Reed, Rice of Massachusetts, Robinson of Massachusetts Rosr, Schleicher, Sinnickson, Smith of Pennsylvania, Starin, S.enger, Stewart, Veeder, Ward, Warren, Watson Williams of Michigan, Williams of New York, Williams of Delaware, Willis ot New York, and Wood—73.

The speaker announced the vote,

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3- ir JL 4

THE TERRE HAUTE WEEKLY GAZETTE.

i~n ni

sumed consideration of the bill to pen Hton soldiers of the Mexican and Indian wars.

The committee finally rose and the house adjourned. A

Democratic caucus was announced to be held immediately. J* SENATE.

The Senate was e.igaged transacting a

variety of miscelaneous business, a full

report of which waj published in the GA

of yesterday. It just passed

a motion to the effect that when it adjourn it be until Monday. Then th« message came and the subsequent proceedings were as follows:

At 3:10 p. m., a message was received from the house of representatives, announcing that that boJ| had passed the bill authorizing the coinage of standard silver dollars. Eustis at the time held the floor, and was speaking upon the bill in regard to holding court in Mississippi, and the silver bill was laid on the table for the present. Pending discussion, Conkliog said he Observed that this bill was likc'y to be discussed at somelenght, and he adventured to bring the attention of the senator from Iowa, Allison] who had been in charge of the bill when it was befure the Senate, that the silver bill was upon toe table. He did not call attention to it for the pu.-poe of submitting a molion himself, but for the purpose of having from the Senator who had charge of the bill some suggextion as to when the majority of the St nate proposed to take action upon it.

A llison said he understood the lriends of the bill were ready to proceed to the consideration at any moment.

Conkling—They are always ready. Continuing his remarks, he said he hoped the pending bill in regard to holding court in Micsissippi, would be laid aside at this hour As a matter of convenience Senators should know whether it was the disposition of the Senate to take final action on the silver bill to-day or not. He hoped the Senator from Iowa would move to postpone the pending and all prior orders and proceed to consider the silver bill.

Lainar opposed the po.tponenunt of the pending bill. Hamlin said he was of the opinion that it was of vastly more importance to dispose of the silver bi 1 than to proceed with the consideration of the pending bill. For the purpose of testing the sense ot the senate he moved that the pending bill be laid on the table agreed to—yeas, 44 nays, 9.

President pio tempore—The chair lays before the senate the bill to authorize the coinage ot the standard silver dollar, and to re.store its legal tender character, which has been sent to the senate bv the house of representatives, with the objection* of the president of the United States.

Edmonds objected to the president pro tempore la} ing the bill before the senite at this time, and said that under the rules, house bills could be laid before the senate onlv during the ino'ning hour. He read the eighth rule, which provides that after the journal is read, the presiding oificer snail lay betore the senate messages from the president, reports and communications from heads of departments, and other communications addressed to the senate, and such bills, joint resolutions, and other messages from the houte of representatives as# may remain upon his table '"Troin any previous day's session, undisposed of. He next read the ninth lule, which provides that, immediately upon the expiration of the morning hour, the presiding officer shall lay before the Senate unfinished business at its last adjournments, which shall take precedence of special orders, and shall be proceeded with until disposed by the Senate. EJmunds said ne made the objection in. order that there might be time for the Senate to consider Hie message.

Hamlin said th.it the rules read by the senator, applied to the action of the chair in the morning hour, and had no reference to the action of that officer after that hour. I: was within the power of the senate to take such action on any bill as it nrght designate by a majority. The senator from Iowa [Allison] had the right to move to postpone pending and all prior orders, and proceed to the consider ation of the silver bill.

The president pro tempore overruled the objection of Edmunds, and said that the eighth rule prescribed what should be !a before the senate during the morning hour, but it did not preclude the chair trom laying bills before the senate aster the morning hour, and the practice had been to do so.

Edmunds— By unanimous consent ony. llison moved to postpone the pending and all prior orders, and proceed to consider the silver bill.

Whj'te objected, under the fifty-fifth rule, which provided that every bill and joint resolution introduced on leave or te ported from committee, and all bilU and joint resolutions received from the house of representatives, and reports of committees shall be printed unless for the dispatch of the business of the Senate such printing may be dispensed with.

The President pro tempore overruled the objection. The motion of Allison was then agreed to without roll call.

The president pro tempore announced to the occupants of the galleries, and others, that any demonstrations of approval or disapproval would be promptly punished, and the sergeant at arms was directed to arrest the offenders.

Chief Clerk McDonald then began to read the silver bill, but before he concluded, Conkling interrupted, and said he ventured to suggest that it was nerdless to read a bill which had been repeatedly read in the senate.

Sirgent objected to dispensing

Uh was

bewse of eongres, at a time

in the other

I

xi li~Hungerford, u-- t_ in the other house of congress at a time

JO&wSaamI

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6aid, in obedience to the requirement of the constitution: Two-thirds have voted in the affirmative and the bill has passed, the objections of the President to the contrary notwithstanding.

The announcement was received with general clapping and other marks of jubilation. The bill and veto message were thereupon sent to the senate.

when it was charged that a bill had been

I«• W been

onng'|passed

without reading—che demoneti-

Muller, Norcross, £ation act of 1873-and there had been a far Hnurnre I'ltrfh

good deal 6ail about it since. The reading of the bill was then completed, after which the message of the president was read.

Whyte moved that the bill and message be printed and laid on the table rejected without ro 1 call.

President pro tem—Shall the bill be passed? A senator—Notwithstanding th« objections of the presid nt

The president pro tem—The chair uses the words ot the constitution. The clerk then proceeded to call the roll, and the bill was passed over the veto—yeas, 46 nays, 19 as follows:

TEAS,

Allison, liiiley, Peck, Bruce, Caffee, Cock rell, Coke, Conover, Davis ot IHi-

Grover, Harris, Hereford, Hill, Howe, Ingalls, Jehnson. Jones of Florida, Jones of Nevada, Kellogg, Kirkwood, McCreary, McDonald, McMillan, Mathews, Maxey, Merrimon, Morgan, Paddock, Patterson, Plumb, Saulsburv, Saunders, Spencer, Teller, Thurman. Voorhees, Wallace, Windom and vVithers—46.

NAYS.

Barnum, Bayard, Blaine, Butler, Conkling, Dawes, Eaton, Hamlin. Ho*.r, Kernan, Lamar, McPherson, Mitcell, Morrill Randolph, Rollins, Sargent, Wadlcigh and Whyte—19.

As it required a two-thirds vote to pass the bill, pairs, to be equal, were two advocates ot the measure with one opponent, and they were announced as follows: Oglesby and Rarsom, who would have voted in the affirmative, with Anthony, who wonld have voted in the neg ativc Cameron of Wisconsin, and Booth who would have voted in the affirmative, with Burneide, who wou!d have voted in the negative Cameron of Pensylvania, and Armstrong, whojwould have voted in the affirmative, with Edmunds, who would have voted in the negative. Christinacy and Sharon were absent. When the name of Hill was called, he said: "I do not know the rules of the senate, hut I would like to mane a brief statement." Several senators objected.

The president pro tem—Objec tion is madf. Hill—Then I vote aye.

4 15

Edmunds said that being obliged to leave the city in a day or two, he had arranged for a pair on this bill, but different from the one announced. The master of pairs, his friend from Iowa, [Allison] had arranged it differently Had he 'Edmunds] known that the vote would be taken on his bill to day he would not have agreed to pair, because he thought that out of respect to the president, the meseage should be laid over until to-mor-roZ:

^. ««-».- .r

1 he prenlent pro terti.', in announcing the vote, said: Two-thirds of the senate having voted in its favor, the bill is passed, and has become a law.

Allison withdrew his motion torecct'der the vote hy which the senate agreed to adjourn over, and another to go info executive session were both rejected, and the senate resumed consideration of the bill to authorize a special term of the circuit court of the United States for tne southern district of Mississippi, and it was passed notwithstanding the adverse report of the judiciary committee—years, 30: days, 15, and the senate adjourned until Monday.

Lord Tenterden, when in Washington as sec-etarv 10 the joint high commission (familiarly known in the capital as the •'high joints",) was invited to dine at the house of a lady, who carefully instructed herdarkey servant to address Lord Tenterden as "my lord Everything went w«ll until the terrapin was handed round, which was declined by "my lord." The darkey, who. in all his experience ®f human diners-out, had never met before with one who could refuse terrapin, was so taken aback that, forgetting the exact title, and agai 1 pushing the delicacy under Lord Tenterden's no«e, he almost shouted "My G—d! them's terrapin!"— fN. Y. Country.

"What is the general condition of the people of Pennsylvania in the interior?" "Better than it has been for ten years, certainly the agricnltural interest. The evil of our limes is the cities. The professions are overstocked, even the pulpits are over-run." [Ex-Governor Curtin to an interviewer.

When the late pope heard of the deitth of a wonderful old woman in Via begle Avignonesi, known to all Roman urchins as La Baitann, at the age of 104, he calmly observed to his attendants "You will see this year

I

will be off too," His

death followed within threed^ys. (Mi

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Tlie

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two kirds. The

are 0

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man family the

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Yellow

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he^p, and other animals. Testimonials of the effects produced by these remarksable Preparations are wrapped aroun avery bottle, ynd may be procured o. any druggist, on by mail from the office of THE CENTAUR COMPANY, 48 Dey Street, New York City.

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STATIC or INDIANA,\ too COUNTY,

Before O. F. C-okerty, J. P.. Harrison township, George W. Kleiservs. William JL Henry, is attachment.

The defendant, William B. Henry, is here^ by IK title 1 that the plaintiff, Oeorga W. lei'cr, has filed in my offlc* bh complain sffldayit, and undertaking in prooeedln for attachment against the property of sa vVilllam B. Henry, who is required to appear and answer said proceedings, at my office in said township, 00 the 9th day of April, 1871, at 0 o'clock A. M. of said day. or etso tho proceedings wl:l be disposed of In his absence. in Vttness whereof, 1 have hereunto set my hand and seal, th ifith av of February. 878. F. COOKERLY, J. P.

AC Agent* wanted W business, in which

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SIS

Pi '1H

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wanted for a new any active

Man or Woman can easily make $5 to fit a day. One wh« had never can-

fifteea

A. ('LEGO, Now Yorfc-

hours. Particulars free. C.

A

Manager, 89 Doane street,

"We knowC.

Jk

CLEGG to be reliable

rj A "V and think he offers Afe'tint tx M. tru«rdinarv indnocm^

SURF

a.

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H. HALLKTT A CO., Portland. Sitwu

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annual meeting of tha Terre Faut* Water Works company, lor the eleotion of nine directors, and other hus'ness. r-ili be held at the eompany's office, nt .0 o'clock A. U.,OB

Monday, Marr.h 4 h. 187A. D. W. MINS1IA7.L, See'y

if"

pat

tip in a Mjwcn