546 THE IMPENDING REVOLUTION. 



It was evident to the holders of the bonds that even with 

 limited coinage of silver the revenues of the government 

 were so abundant that in a short time the debt would be 

 paid. Something must be done. Willing leaders in both 

 parties were ready to do the bidding of Mammon. Bills 

 were introduced from both sides of the House to refund 

 the debt in long time bonds. While this matter was pend- 

 ing, General Weaver of Iowa introduced the resolutions 

 which we give below. The running debate following the 

 introduction of the resolutions, and which we give also 

 is part of the Congressional record : 



HOUSE OF REPRESENTATIVES, APRIL 5, 1880. 



Mr. Weaver. I move to suspend the rules and adopt 

 the resolution which I send to the desk. 



The clerk read as follows: 



"Resolved, That it is the sense of this House that all 

 currency, whether metallic or paper, necessary for the use 

 and convenience of the people, should be issued and its 

 volume controlled by the government, and not by or through 

 the bank corporations of the country; and when so issued 

 should be a full legal tender in payment of all debts, public 

 and private. 



''Resolved, That, in the judgment of this House, that 

 portion of the interest-bearing debt of the United States 

 which shall become redeemable in the year 1881, or prior 

 thereto, being in amount $782,000,000, should not be 

 refunded beyond the power of the government to call in 

 said obligations and pay them at any time, but should be 

 paid as rapidly as possible, and according to contract. To 

 enable the government to meet these obligations, the mints 

 of the United States should be operated to their full 

 capacity in the coinage of standard silver dollars, and such 

 other coinage as the business interests of the country may 

 require. ' ' 



