These restrictions were shown to be necessary in the progress of the debate.

Individual judgment asserted itself and the Act became the harmonious resultant of the conflicting opinions of the entire House.
Congress therefore did not enact anybody's theory.

It put into the statute the prudent, cautious sense of the people.

Recognizing the principle of funding the floating obligations, and of contraction as a means to resumption, Congress only responded to the common sense of its great constituency, in forbidding reckless haste, and in defining the rate of speed.

The purpose of keeping in Congress the control of the rate of contraction was only a part of the general determination that the representatives of the people and of the States shall prescribe the methods of conduct as well as the principles and broad measures of administration.