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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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