f the
Members--Redemption of Fractional Currency Readily Agreed to--Other
Sections Finally Adopted--Means to Prepare for and Maintain Resumption
--Report of the Bill by the Committee on Finance--Its Passage by
the Senate by a Vote of 32 to 14--Full Text of the Measure and an
Explanation of What It Was Expected to Accomplish--Approval by the
House and the President.
CHAPTER XXVI.
RESUMPTION ACT RECEIVED WITH DISFAVOR.
It Is Not Well Received by Those Who Wished Immediate Resumption
of Specie Payments--Letter to "The Financier" in Reply to a Charge
That It Was a "Political Trick," etc.--The Ohio Canvass of 1875--
Finance Resolutions in the Democratic and Republican Platforms--R.
B. Hayes and Myself Talk in Favor of Resumption--My Recommendation
of Him for President--A Democrat Elected as Speaker of the House--
The Senate Still Republican--My Speech in Support of Specie Payments
Made March 6, 1876--What the Financial Policy of the Government
Should Be.
CHAPTER XXVII.
MY CONFIDENCE IN THE SUCCESS OF RESUMPTION.
Tendency of Democratic Members of Both Houses to Exaggerate the
Evil Times--Debate Over the Bill to Provide for Issuing Silver Coin
in Place of Fractional Currency--The Coinage Laws of the United
States and Other Countries--Joint Resolution for the Issue of Silver
Coins--The "Trade Dollar" Declared Not to Be a Legal Tender--My
Views on the Free Coinage of Silver--Bill to Provide for the
Completion of the Washington Monument--Resolution Written by Me on
the 100th Anniversary of the Declaration of Independence--Unanimously
Passed in a Day by Both Houses--Completion of the Structure Under
the Act.
CHAPTER XXVIII.
THE HAYES-TILDEN PRESIDENTIAL CONTEST.
Nomination of R. B. Hayes for President--His Fitness for the
Responsible Office--Political Shrewdness of Samuel J. Tilden, His
Opponent--I Enter Actively Into the Canvass in Ohio and Other States
--Frauds in the South--Requested by General Grant to Go to New
Orleans and Witness the Canvassing of the Vote of Louisiana--
Departure for the South--Personnel of the Republican and Democratic
"Visitors"--Report of the Returning Board--My Letter to Governor
Hayes from New Orleans--President Grant's Last Message to Congress
--Letter from President Hayes--Request to Become his Secretary of
the Treasury.
CHAPTER XXIX.
I BEGIN MY DUTIES AS SECRETARY OF THE TREASURY.
Legislative Training of Great Advantage to Me in My New Position--
Loan Contract in Force When I Took th
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