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Show 1HE ANTI-RESUMPTION BILL. A fair majority of tho houao of representatives rep-resentatives Bccras dotermincd to preaa to vote tho bill abolishing specie resumption in January, 1879. Although Al-though some parliamentary difficulties difficul-ties impede its speedy pousago, these will soon bo brushed away, if the majority remains united and firm in its purpose. There is a cortain number num-ber of the opponents of this measure who would stop at nothing to defeat it, but it is evidently popular, and enators or representatives who oppose op-pose it ara likely to find themselves in a minority at the next elections. It is hinted that the president would Teto the bill should it reach bim for hia signature, but his action will be likely to depend upon the strength it exhibits in congress and among tho people. Should both houses by a decided majority, vote to put a stop to the policy of contraction and leave ipeoie resumption to the operation opera-tion of the laws of finance, we do not believe that the president would care to assume the responsibility of a veto. Ha would bo more likely to ask the resignation of Secretary Sherman, and appoint a chief of the treasury department depart-ment whose views are in accord with the majority of congress and of the people. |