Twenty Years of Congress, Volume 2 From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860

CHAPTER XXIV.

Chapter 2574 wordsPublic domain

THE PUBLIC CREDIT.--FIRST LAW ENACTED UNDER PRESIDENT GRANT.-- DEMOCRATIC OPPOSITION.--THURMAN, GARRETT DAVIS, BAYARD.--PRESIDENT GRANT'S FIRST MESSAGE.--FUNDING BILLS DISCUSSED.--ACTION OF BOTH HOUSES.--DEBATES.--FURTHER REDUCTION OF REVENUE.--PREMIUM ON GOLD.-- MEETING OF FORTY-SECOND CONGRESS.--FINANCIAL DEBATES.--FINANCIAL PANIC OF 1873.--FORTY-THIRD CONGRESS MEETS.--PRESIDENT GRANT'S POSITION.-- ABOLITION OF MOIETIES.--SPECIE PAYMENTS.--RESUMPTION ACT.--SPECIAL MESSAGE OF THE PRESIDENT.--ADMISSION OF COLORADO.--DEATH OF SPEAKER KERR.--SAMUEL J. RANDALL HIS SUCCESSOR.