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Speech of Congressman The Congressional Record of Satur- j ^ day brings us the first fut I report of j Congressman Black's speech on the; currency bill now before the House, lit is a strong presentation of the sub- : ject> and cailed for applause from the members frequently during its deli- ? very. Another feature of the speech i is the-frequency with winch lie was j interrupted by members on both sides j JLo ask him questions, and the readi- j n?ss with which he replied.. Once or j twice lie indulged in flights of eloqu- : ?nce, aud throughout the speecli | breathed of earnestness and sincerity, i Maj Black began by defending the | Committee on Banking and Currency * against the charge of having called I before it national bankers, and read | ' from the record of witnesses to show f the groundlessness for such a charge He quoted from the evidence of Mr. Dodsworth, editor of The New York Journal of Commerce, before the committee, to show the objections to the present national banking system, as follows : He says : L That the bond form of guarantee bas been found incompatible with j elasticity of issue. j This plan removes that objection 2. That said guaranty leaves no ! sufficient margin of profit to thc I issuer, and consequently prevents j issuing This plan removes that objection 3. That the bonds themselves must in a few years, mature and be retired. This plan removes that objection. 4. Tha: the government's engage? ment to pay the notes is an illegiti? mate exercise of Federal power. This plan removes that objection. 5. That owiug to obstructive restraints the volume of notes can not be readily augmented to meet public emergencies. This plan removes that objection. 6. That the arrangements for insur? ing current redemptions of the notes ,- fail of their purpose, thereby keep? ing the volume rigidly inflexible at the seasons when it should automa? tically contract or expand. This plan removes that objection 7. That, for these reasons, the national bank circulation has shrunk to one-half its former volume, while the public requirements for money \ have been increasing. - . This plan removes that objection. I challenge any gentleman on ibis genoe,' "or what his familiarityvT? this subject, or what the depth of his \ study ia regard to it-I challenge any gentleman to state more clearly, more forcibly, or more in accordance with the feelings and views and de? mands of the great mass of our peo pie the objections to thc present national banking system ; and I further challenge any gentleman to say that the pending measure does not remove every one of those objec lions Now. in the fourth place, the pro- ; posed plan loosens the fetters that j have been placed upon the States1 and the people of the States-fetters : forged in the hot furnace of war and \ put there by the exercise of uncon stitutioual authority, and I will not ? say the use, but misuse aud abuse of the most dangerous of all powers, j the power of taxation I refer to j that part of the plan which offers ' some relief to the States in exercis | ing their constitutional right to I charter banks of issue. 1 grant that j the measure is in some degree ob j jectional because it does not go far ! euough. It ought to go further It ought to strike off these fetters They were put there by the exigen c?es of war. They cannot be just! ! fied by the decision of any court or the teaching of any expounder of con- j stitutiona. law before the war Major Black declared that lie could j not see wherein the present system would give the relief to the treasury that the secretary of the treasury predicted from it, but as it was favored by him and the President, j and as it was a clea*r improvement over the present system he favored enacting it. He thought it au im ! provement on the present system for the following reasons : 1. It liberalizes and enlarges our system of banking and furnishes opportunity for certain sections of i the country that are now denied it to j obtain a larger supply of currency. I can not doubt that, in face of the j testimony of the intelligent and ex- i perienced gentlemen who appeared j before the committee, in face of the experience which the country has had under the national banking sys? tem, and the experience of other countries, the overwhelming pre? ponderance of the testimony (if in? deed there is any dissent) is that the ^orrency authorized by this plan will safe. Jhis plan furnishes another cure for Existing evils in this. The cur rency\is8ued under it will be more elastic\han our present currency. The present system stands con? demned b^ its own friends; condemn? ed by the present Secretary of the Treasury, condemned by Mr. Win? dora, a former ^Secretary of the Treas? ury ; condemned by the present Comptroller of the Currency ; con? demned by Mr. Hepburn, a former Comptroller of the jOarrency ; con? demned by the Baltimore convention of bankers ; condemneavby everybody everywhere-by the people, the b: ers, the legislators, the execu ! officers of the Gove; nment-conde ed by all as insufficient as to this senti i I quality of" elasticity. I lieve that the system proposed in bill is an improvement in thal resj on thc existing; system. 2 Tiiis pian looks to taking Govern nienCou! of the banking b ness. If you desire to separate Government from Wall stree;, the influences of Wall street, let Government keep out of the busii tiiat belongs to Wall street Let Government pursue ifs own pro and legitimate functions and t over that which belongs tu Wall sti to Wall street, and to the peoph the whole country. The suggestion that the new s tem looked to taking the Governm out of the banking business provo! a question from Mr. Benson as whei.herMr. Black thought it was duty of the Government to prov the people with a currency; ? whether his position is endorsed all readers of The Chronicle or ri all must approve the frankness w which he repiied. He said : To answer that question would to embark in a discussion which, a said just now, goes back to the c troversy waged for so many ye over the old Bank of the Unii States. My own opinion is that 1 true and on!}' function of the Gove ment is to coin gold and silver, a leave the rest to the people (.J planse ) This svstem relieves the Gove meut from any liability tor or conn* tion with the performance of c< tract? of corporations, which I thii isa sound principle. I know it c be said that the Governme.it li never lost anything under the natioi banking system. I believe that true, but I repeat again theie value, there is great value, in thc i establishment of correct principle. And this plan calls for the recog? tion of the correct principle that it no part of the business of tl: Government to be guaranteeing tl reliability of private corporations, undertaking the performance of the contracts as some contend for. It said that the Government must furnii a currency, aod therefore must s< that the currency is good by guara teeing it. It cannot assent to th proposition. It is true that currenc is a necessity ; but there are a gre many other things that are necess ties. Railroads are a necessity, an the Government incorporates them but should the Government gu?rante the safe transportation of person?* an tire Government may adopt measure to regulate it and keep it pure ; bi should tile Government gu?rante that it is what it is represented b the vendor to be, either in quantit or quality ? Lawyers and doctors ai necessities, and the Governmei licenses them-issues them, so t speak, puts them on the public-nc the General Government, but th State Government ; but should til State Government guarantee tli? every law}'er will give a sound opii ion and every doctor is reliable in hi diagnosis and treatment of disease ? Major Black made one or tw appeals to stand by the Constitutio of the country, and his apostioph to law elicited hearty applause, whe he said : "In my opinion the supreme wei fare of the people, if not the ver; safety of the Republic, demands tha above all mere financial schemes above all mere temporary expedients the time has come when we siiouh call for "and demand the supremacy of the Constitution of the Unite? States. (Applause.) ?ir, I agree most cordially wit I what was said here a few days ag( about the supremacy of law. I hav< sometimes thought if I knew of n< other God I would bow down to lav -law, that throws the aegis of itf protection around us before we an bom ; law that follows us in ever} step in the pathway of life ; law that guards our graves and the flowers which affection places upoi them from the desecrating hand o the despoiler. The great sacrifice ol Calvary, the greatest event in the history of this world, was no mort an expression of the divine and infinite love and mercy than it was a majestic and awful tribute to the supremacy of the law. (Applause.) And that, I repeat, is the great need of our times. Re-establish the Con? stitution of the country ; reassert fundamental constitutional principles in this House, in our State Legisla? tures, in our public assemblies, and in the minds and hearts of the people. (Loud applause.) After citing new authorities which he bad collected in support of State banks, and making a strong argu? ment in their favor, and repelling the idea that the States would not put out a sound currency, he summed up his argument, and con? cluded with the following eloquent peroration, which was greeted with prolonged applause : Now, Mr. Chairman, I have sub? mitted as well as I could the reasons j why I think the pending measure j ?fters some improvements upon ex ! ?8tiog law. I believe these reasons I are sound. As I said before, I op ! not look to this measure to flood %he country with great waves of pros? perity. That must be brought about in other ways. I say inf all frank? ness I think this measure and all measures dealing with a subject so large, so difficult, and so far-reaching aro necessarily to some extent expe? rimental. But I am willing lo try this pian 1 believe it will fjrnieh the opportunity for st.me sections of the country to get an enlarged cur? rency. 1 believe it will re-establish a sound doctrine in relieving the government from guaranteeing or fulfilling tiie obligations of private corporations 1 believe that it will unfetter the States and the people of*1 ; 'he States aud restore thorn to a , right of whieh they have been de ; prived for nearly thirty years For : ; these reasons, so imperfectly ex i pressed, though so honestly and I earnestly entertained, I shall vote to ; adopt this plan I And, Mr. Chairman, ? may say that ; amid all the discouragements that : I surround us, amid all the difficulties j ! that lie in out path, admitted by the highest officials, felt deeply by the ; people of the country, resting upon | every conscientious representative who has a proper sense of his respon? sibilities, amid all these discourage- ? j ment8 I yet take hope for the country, i ! 1 recall that there have been other ; j periods of distress-distress brought j i about by war, distress brought about j j by unwise financial legislation, but ? distress out of which the country ha^ come stronger and prouder and more j glorious than it was before. Let us hope that such may be the j issue out of this trouble and that, by ? an all-merciful, al!-wise Providence, i this Republic rnav bo guided on iii? ! highway of the nations, to lead the j peopl** to higher civilization,to greater love of liberty, on and on, mingling! the blessings o? free government with j th* blessings of the gospel of peace, until all the world shall be free every- j where in the exercise of the right- : not conferred by Magna Charta, not J secured by the bill of rights, but con fe rr ed by the Creator who made them, I shall stand up as free men, knowing no | master but that Creator and the laws of their country. (Prolonged ap-. ?laus )-Augusta Chronicle. Buchwalter Basted. Governor Brown, of Kentucky, Shows That the Decision of the Ohio Judge Will Make Ohio a Hef uge for Criminals. FRANKFORT, KY, January 8.- ? Governor Brown has issued ajX&?^ ment on the refusal of^*4geJBuch- j walter, of Cincin^flfto surrender j Hampt^ -?tuT colored prencher, on j 'plr?^Titation of the requisition, say j ing that after the requisition was ; served on Governor McKinley and I the order for extradition granted he should have seen it executed Gov- j srnor Brown savs : "The statements of the Judge are grossly inadequate. His argument j is a mere subterfuge and quibble j Ile has usurped the prerogatives of the Governor of his State. He ha.-, deliberately refused to execute the j plain command of a law of the United j States and subordinated it to his own ! caprice. Ile has reproached Ken- j tucky for a crime of which his own j State is not guiltless. Ile has accepted the statement of a fugitive from justice that he feared unlawful revenge if remanded as a sufficient I reason for his discharge. The I statutes in Ohio, in so far as they 1 may prescribe methods and condi lions supplement?r}' to and incon sistent with the United States law on ; the subject of extradition, must be j admitted to be void. This proposi-, tion no one wiiltiispute. No lawyer ; will claim that Judge Buchwaltcr's \ decision is sustained by any prece- j dent in the country. If it shall have effect it will be fruitful as a discord ! where harmony and good will should ' prevail. If followed by the judiciary of Ohio il will make that State the ; refuge and paradise of all the mur- j derer?, thieves and rapists of the I South. The invitation and assur : ance of welcome and protection to criminals are given by the proclama? tion of Judge Buch walter." Heavy Receipts of Woollens. The Largest in the History of tb.9 New York Customhouse. j NEW YORK, Jan. 4 -Importers of woolen goods and their agents have i filled thc customhouse during the I the past two days on account of the reduced tariff on woolens. The re duced wool schedule of the Wilson i tariff Jaw went into effect January 1, although most of the measure went . into effect in the latter part of ? August, 1894. The receipts on Wednesday were the largest in the history of the customhouse, the total duties collected being ?1,629,45 5.42, ; of which about $1,097,656 was for ; woolens. The number of packages of ! woolens taken out of bond yesterday I was about 12,000. On December 1, ' 1894, there was in local bonded warehouses in woolens $1,332,61* worth of cloth, $1,726,497 worth of dress goods, $33,385 worth of cloth? ing, $36,957 in knit goods and $18, 000 in miscellaneous woolen fabrics The unloading of this vast quantity of imported woolens on tue home market has been looked forward to i with much anxiety by American man ; ufacturers It is pretty generally be ; lieved, however, that the general ef : fects will not be known for two or j three weeks, when the goods from j abroad reach the haud&of retailers. Boasting tile- President. A Clown in the House Makes Fuq for His Fellows. WASHINGTON, ian 8.-The Ii ? MIK'? then went into committee of th?* whole no tiie currency hil! ami Mr. Sibley, Democrat, of Pennsylvania, opened the debate with a sensational speech in opposition to the bill He spoke of the passage of the bill to repeal the purchasing clause of the Sherman ?aw and its failure to improve the financial and commercial conditions, despite the assurances to the contrary of its advocates, and expressed his belief that the pending bill would likewise prove a failure. Referring to the published reports that the executive department of the Government, in tiie person of the Secretary of the Treasury, was using its power to influence votes in favor of the bill, .Mr. Sibley said: |"Mr. Chairman if I have read the Consti? tution of the United States correctly ? it defines the powers and duties of the Chief Executive and the powers and duties of the membership of the House, and I tell you that if ever a j rebuke was needed to one who bas I trampled down the prerogatives of the people it is to that man who has used his influence, or attempted t<> use it, to create in himself the sole governing power of thia nation It has come to a time when to he the Government ?if this people requires something more than a combination of brains, belly and brass " [Sen sation and applase j Mr. ?Sibley continued, at. some length, to assail the Administration for its attitude toward and action upon financial measures. The repeal of the purchasing clause of the Sherman law, he asserted, had been secured by the use of improper in? fluences by the administration, and that if the padlocks were taken off the mouths of the Representatives. lour out of five would confirm his statements The question of the length of time he was to speak hav ing been reached, Mr Sibley said that every agent of the big Gold ; Trust had spoken all he had to say When pressed by Mr Outhwaite/ to tell who put a padlock "his (Sibley's) lipshS-SSidl '''Let me tell tbegeillifnian that I am not talking ! ?^o^day to men who believe ingoing to hell in a handcart instead of to heaven supported by truth. Let me j tell him also that 1 am not addressing men who believe more in a bobtail flush than a contrite heart." Recurring to the action of the Ad? ministration, Mr. Sibley said that paraphiasiug Junius, it could be said that the merits of an Administration might be judged by th- condition of j the people. "Look i- ?on the con- : dition of the people o?" his country,'' lie said, "and you can 'ell the merits .of your administration *' Mr. Sibley declared that by the standards of the j fathers he believed he was a Demo- i erat ; he revered Jefferson and Jack-; son and worshipped at their shrine. ; But if he was to be carried in a con- ? veyance labelled, "Democracy," ; guided by an obstinate driver over i an unknown road, with precipices1 and chasms yawning on all sides, he ! was going to jump out ; and he was not particular about where he lit. j [Laughter.] Mr. Pence, Populist, of Colorado, i asked unanimous consent that Mr. \ Sibly be permitted to conclude his remarks ; but Mr. Cuthwaite ob- ? jected. Mr. Sibley's thrust at the Presi dent seemed to be enjoyed by quite j a number of Representatives, and when he concluded there was a j round of applause. While he was j speaking Senators Cameron, Republi : can, of Philadelphia, and Stewart, Populist, ot Nevada, came into the ; House and remained to hear him. Mr. Bland, Democrat, of Missouri, and Mr. Johnson, Democrat, of Ohio, | also spoke in opposition to the bill, ! aided by Messrs. Coffen, Democrat, i of Wyoming, and Stone, Republican, ; of Pennsylvania. The only speech j in its favor was made by Mr. C. M. ; Cox, Democrat, of Tennessee, a j I merher of the committee on banking I I ai1 urrency. He said that if Mr. : i Sibley knew of any member who had i j 6old his vote for patronage or any? thing else it was his duty to expose i and vote to expel him Mr. Cox was the last name on the ! chairman's list of those who wanted to speak in favor of the bill,.but! j there remain quite a number who j I had asked to be heard against it. i Mr. Beltzhoover, Democrat, of Penn ! sylvania, gave notice of an addition? al section he would offer as an amendment to the bill, authorizing ? the Secretary of the Treasury to sell i $500,000,000 of 5-^5 year 3 per ! cent, bonds, with the proceeds of I which to retire the greenbacks and ; treasury notes aud fund the floating indebtedness of the Government. A Pennsylvania steel company re ? comly received from the Russian government a large contract for naval i amor plates, io competition with the I world. Sweeden now ?ishes a large . lot of armor plato, it is understood ? wo Pennsylvania companies have sub [ dmitted estimates and bide, and that i rbcre are good prospects of the con : tract coming to this country. Yet the j protectionists insist thai the steel in tustry nec<is the (*<"*m\r, n3m of th* 1 government.:-Sa Powers and Pictures. In the course of a conversation hi the Sews a ntl (Jonrier office yester? day v . 11 o o? the leading manufacturers ??? the State remarked thac "North Carolina has gone to work in the right way to develop its manufactur? ing industries by establishing mills to make something, at all its available water powers. ' There are big mills by ilie big falls, he added, and little r?i? 1 ls by the little falls, the horse powers employed ranging from thou? sands down to scores and tens, and ?South (Jaro.ina, which possesses an equal variety ? ? Mich powers, should lose no time in following its big and pogressive neighbors example. The hint is enough for those who are disposed to profit by it. There are falls on the rivers which will run thousands of cotton looms arid spindles, and lalla on the smaller streams that will serve only to run small flour mills, grist mills, wood working shops, etc., etc. All should be put to work. They will be put to work sooner or iater, of course, but the sooner the better, and if our people do not know how to utilize them they can readily interest strangers in them who do know how, and who will be glad to buy them, or to buy an interest in them and help to develope them. The Atlanta Exposition will afford i a rare opportunity of bringing these j powers, of all sizes, to the attention of prospectors and investors. Maps showing the different streams, and sites of the different falls and shoals, will be exiiibited. ol' course ; but we think that there is a much better way of advertising them. It would be a striking exhibit indeed that would present a collection of pictures of j suoh powers of a size and character j to catch 'he e3Tes of visitors to the Exposition, and to inform prospec? tors at a glance as t^tbe appear? ance, conditions, surroHfcngs, etc., of each site. PhotoB BL would serve thc purpose in V?tt^re'j, hut large pictures in ( M ft.; ;, or oil would serve n.uc jg Sr There are many W?afe in the numerous art schools ama colleges of the State, most of whom are women and girls, and they could uot be better employed fa their "outings" j ,fef sketching purposes, and during the sommer vacation, than in making up such a collection as we have sug? gested It would "pay'' the owners j of the water powers to have such j pictures exhibited at Atlanta : they could well afford to pay a fair price ; to have them made for exhibition, i lt would also pay the owners of? summer resorts in the mountains, and ? of the aifferent "mineral springs" ; and hotels in the country, to have j such pictures, and surroundings for j exhibition at the Exposition. It is a j good opportunity for manufacturers, j owners of water powers and artists I to work together for their common j benefit and the benefit of the State, j A collection of such pictures would be a notable addition moreover to the j exhibit to be made at the Exposition i by the women of South Carolina. It! would be distinctive, creditable and | profitable, it is desirable on every account. Why not make it ?-News and Courier. We are prepared to deny the assertion that those women who wear bloomers a' i ti e preseDt time are only preparing tor ! the time when it will be impossible to j distinguish the sexes from outward ap p carao ce?. We have heard it asserted that it is only one who wants to be a mac who I wears the knicks, but a friend of ours 1 denies the insinuation, cLiming that there are a limited number of occasions wheo a woman wishes to be a mau. She | enumerates them as fellowt-; When her wet skirts flap about ber j ankles and her hair comes out of curl. \ When she earuestly desiree to use a i word that printers express hy a dash, i When she bears some one say, What a pity it is that our giris are brought up to regard marriage as iuevit- \ able ai death!-' When she sees how effectively men ; express their emotions by posiug with | their hands in their pockets. Wheo the queen of the kitchen abdi? cates and the daughter of the house bas j to take har place. When she sees a girl do some abso- ' lu:ely idiotic thing and knows that peo- j pie will say, "Just like a girl!" Wbea she is out riding with a gentle- j man friend aod sees him enter a tavern with the remark, "Excuse me while I purchase a package of chewing-gum." When she realizes, while on a scorch, and in bloomers, that the gentlemen be? hind her is commenting on her genera] shape. When she is riding alone aod meets the road hog, who, taking advantage of her sex, attempts to force ber almost a cross the hedge while he ocoupies thc middle of the road. - mmm ? New York's new iaw on compulsory education which has just gone into effect reaches even beyond that in force io Massachusetts. One of its features is the establishment of special truant schools with a full staff of officials to look after the welfare of childreu beu oo avoiding school, if possible.-St. Louis Democrat. It is Doted as a remarkable circum? stance that Queen Victoria included oo peerage in her batch of New Year's presents this year. This, however, is oot quite iocompreheDsible. Lord Roseberry's sense of the ridiculous is too keen to allow him to add Dew mem? bers to a body he desires to abo Us h. The Lords must go.-Boston Hera The Nicaragua G Ganai. A Story Intended to Bring Pres? sure Upon Congress in the Inter? est of the Canal Sing. Nsw ORLEANS. January 6 -C M. S. C. Braid.-i, ta.*.*! Uai:ed S-ate? comrul at Gr rey town. Nicaragua, is in town. Ke stau?Tha? ir is linde:-sro ?.i that Mr. B?it?!?it, of rhe Nicaragua Canal Com? pany. bs?. made ar? u? cements with a syndicat?? of English capitalists, who agreed ti? s-ul-^crio^ a large sam for the completion of th? cana!, and tb-it if the United Sistes Congress doe? not take souie steps speedily looking to a sup? port nf she enterprice by the United Staten Government the Briti-h syndi? cate, with thc aid o? Pacific coast capi? talists, will go ahead and complete the work. England will thus control the car.al aa ^he already controls thu Suez Canal. Col. Braida also states that a French engineer informed him that shortly afrer the Panama Oana! Com? pany suspended operations the British Government sent Admiral Seymour, of the Mediterranean squadron, to report ou the feasibility of completing the Panama Car.al. Admiral Seymour made an investigation and reported that it would cost ?60,000.000 to complete it. No such extraordinary amount is re? quired to finish the Nicaragua Canal, and England looks wi:h longing eyes on the enterprise. - m I I. *?<=>. - - Mayor Strong cf N::w York has been presented with a looking-glass framed io old mahogany which beloLg?d to Mayor Wi!Hard, the first mayor of New Nork city, who was elected ic 16r"5 Since James H. Mulligan, of Ken? tucky wenc to Samoa a* consul general he has written several glowing letters about his daily life and duties. He at once made a friend of Robert Louis Stevenson, the novelist, and they were much together. Some of Mr. Mulli? gan's letters are fervid io enthusiastic description of the natives The con? sul is an adept with the kodak, and sends some startling specimens of his work. Following is an indication of heit the Secretary of the Treasury stands with the Blue Grass people : "There is no office,'' said a ^prominent Ken? tuckian to roe Washingtoa Post, .'within the gift of the peop.e of his home state that they would noe be? stow on John Gr. Carlisle. All he would have to do would be to intimate that he would accept- the place, and be could haye jt without a struggle. The secretary has said, however, that he is not n candidate or any posi ion, and that settles the matter." The Sumter Item reports that toe English sparrows in Sumter County kept some tobacco fields almost free from worms last season, and did their work so regularly and so well that very little hard labor was ueeded. This information ought to be mighty interesting to tobacco growers in the Pee-Dee section and in North Carolina, who have urgent need for just such a ver? mifuge appeudix on their farms every summer. N. 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When I commenced giving the Sarsaparilla to Lennie ho was three rear? old and wi isrhed or.:v 22 pounds. He had not grown any icc ; wr a year and waa lust skin and honer. ?. - ?nt?nued giving him the medi? cine three *. * datiy for over six months. Ho has taken o:.ly 3 bviiuc3 and he is as well and healthy Ioo.r?r,g poy ; s can t e found in North Dakota, Ho has grown considerable and na? HoodV^Cures fleshed up sc:: . I highly recommend Hood's ?arsnparl??a lo ray neighbors and others ?.s an