Press enter after choosing selection

Hill Has A Day In Court

Hill Has A Day In Court image
Parent Issue
Public Domain
OCR Text

herman goc the floor and advocated tho certificares rider. In reply to queries made by Hill Shermau said the greenbacks should not be redeemed. They were the favored money of the people. They should be keptout without reference to the wishes of the New York bankers. 'I cannot understand why any one should (iesire to strike from our currency this most favored currency, botter than gold or silver, for they are redeemable in gold and yet havo the convenience of paper money." Hill then took the floor. He first discussed the technical parliamontary status. If this iinancial arnendment was in order then the üood gates were open and any kind of flnancial legislation could be added to au appropriation bilí Once upon this complicited question. and an extra session was inevitable. In the expiring honrs of congress it was unwise to sweep away tho ampie powers of the secretary to issue bonds and give him some new and untried power that lie did not we.nt. Hill then turned his attention to Mills' statement as to Horatio Seymour and the greenback platform of 1868. "The result of that contest is not one of congratulation among Democrats," said Hill. "Let me suggest," said Voorheos, "that Horatio Seymour carried Xcw York by 10,000 majorlty over ürant in 1868." "Yes," said Hill, "because Seymour was so enshrined in the hearts of the people of ívew York that he could carry the Mate, greenbacks or no green backs." Hill read from early speeches of Sherman against greenbacks and oompared the,e with whac he said uow. Sherman said those anti-greenback speeches were made live years before tho resumption act which changed everything. Hill pointed out tliat the danger to the treasury was not in a deiiciency on current expenses, uut in gold to redeem the endless chain ot greenbacks. And yet this pending amendment providcd funda for desciendes alone, imd gave no ineans of securing tho gold which was the real need oL the treasury. Pugh interrupted to say that the greenback legislation of 187S was enacted by a Democratie congress. trray hurried back and whispered to Hill, who then declared it was the senator Irom Ohio (Sherman) who was responsible for that legislation. "Ho was not in congress then," said Voorhees. "He was then secretary of the treasury." "No, I was not in congress then," sak fciherman. "I will help the senator out," said hees to Hill. "There was a senator f rom Ohio here at that time whose name was much like that of the present senator and he heartily Bupported the greenback legislation. It was Allen G. Thurman, oL Ohio." "Ido not question the Democracy of Alian G. Thurman," said Hill, "but 1 sometimos think our western friends get unsound on questions of flnance." "And we of the west return the compliment to you of the east," said Voorhees.


Ann Arbor Argus
Old News