Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-04-15

~au gone before him. Four o tho Tre,sn.y
;., Dai'as' Crawl ford, IDghsm had each in lis dsy
pointed out the error in tho gold standard and
ca us correction Repeated reports of commsos H.;
reoora % congress, had done the same thing OF these
P"'s ne would name those OF the late Mr. Lownae. nj
South Carolina; oil MIR. Sanford late Senator from NJ
t olS OF Mr.. Campbell p. White, now represena,ivs
run Tue cry oil New York. Mr.. B. took pleasure in re-
cang' and presenting public noce the names Of tho
eminent men who had gone before him in the exploration
s. pa",. ~ was cue to them. that the good cause
&c, 70 oe III Tie road 10 success 10 Yield to them ali
e nonors oil hrs explorer, it was due 10 the cause also
~ s hour oil hns trial. to give il the hgh sanction o,
'ner names aud labors v
Mr. u. did not think il necessary IN dss.,,, .,,
upon me merits and advantages OF gold currency
"sc advantages had been too ell known from the ar
heS' ages oil The world, be subject OF discussion in tho
'ehh century, but as IL was the policy of the paper
sye 10 usparage that metal, and that system i'm ts
yes's reign over the American People had nearly
aesuoyea knowledge OF that currency he would beny
u"erete IT'S leading and prominent adv an,spes I n
hdd an intrinsic palue, which gave i, currans IN i, ~
me world 10 the full Of that value wi,bou,
hH OF circumstance 2 II had uniformity ofraiur
"e" aue IL me safest standard of the value OF p,oper
winch me wisdom OF man had ever vet discovered 2
rs Po.tdoWty' which made il easy for the traveller to
carry about with him. 4. It's indesfrlc,ibiify which
inaue The sales, money that people could keen in ,h;
houses. o. us inherent purity, which made il the hard
'"ey 70 De counter ci'ed, and the easiest to be de-
,eced ami, therefore, the safest money for be ooon 10
handle. o. It's superiority all other noner Which
gave @ 10 Its possessor The choice and command Of
oehg The currency which contributes mosi IN ,h
equalization oil exchange, and kee plug down the rs,o
most
.. ns PoDT ooer me paper money; gold being the
ha,urai enemy Of that money, and with fair NAV
azure 10 hold 1t in check 8. II is a constitutional
currency; and the people have right TO demand il Gr
mi,tcd 10 exist. " Is per-
MIR. b. said that the false valuation mt imam ,, H.,
rendered The mint Of the United States so far ,s lie cold
coinage IL concerned, ridiculous and absurd
uoh IL mas coined, and that large expense to The u
suites EZoI'IlI pieces OF gold Sil S52 $50. and
where are these pieces now! Not one Of hem r., Te a
al soid ahd exported and regular this that
@ @ oil the Mint in his latest report Congress-
sy, "a' ,ne new coined gold frequently remains in ,he
mint, uncaed for, though eady for delivery until be n
arrives Tor packet 10 sail 10 Europe lie calculates that
two mions oil native gold will e coined annually here
ai'tf; The whole OF which, Mr.. ID. sad without reform
OF The gold Standard will be conducted like exies from
the National mint the sea shore and ausporr,j r., C
United States. 'ie DAM OIL The
Nv; Mr. d. believed hati was the intention md d..
c'areu meaning oil the CONSTITUTIONS that foreign coins
should pass currently money aud al their fiji value
WITHIN me United States; that it the duty OF Cen,
10 promote me circulation of these coins by giving
10 mem their ull value that this the desian III The
States In eontering upon Congress the exclusive
regulating the value of these coins, that all the law, of
congress Tor preventing the circulation of tor.isn con.
and undertaking their value, were so many breaches 81
ue Constitution, and so many mschie tl cel upon Tho
States; and that il was the bcul den duv or ISp
rePea All suc laws; and 10 restore foreign coins to tho
s"ne Hee anu favored circulation, which they
"hen The Federal Cons tuition " as adopted,
In support OF the first branch of his first nro,o,;,;o
mr. H. quoted the words OF fe Constitution which
zei congress TO regulate the value of foreign coins 9.
~ hch fIo,;>n "A
ohs'ess 10 provide Tor punishng the counte rcing Of
current CON- in which term, foreign coin was nc,dS
M"ay the clanse which prohibited the States from, mai,
ing any Thing bst gold and silver coin a t.nder in ~
eh oil debts clause which did limit the prohib,io,
10 domestic coins, and therefore included foreign ones
These three clauses he said were conr,,, rem, s., w..
,s" CON- anu domestic coin, upon the same prersc
ioong oil equality in every particular which c,,rnnJ
ser current circulation their value and their protection
nom coun'erieiers Historical recollection, were te
next evidence TO which MIR. b. referred 10 sustain;
nun ne sai1 mat foreign coins the only coins.
, 10 'ne Unled states at the adoption OF the Const
uVoh' NO Mint had been established up to ,ha :;mo
ne Gems OF other nations furnished tie currsncv i
me exclusive metallic currency, which the S,aes
ma" used from the close OF the Reyo!u,iouary No.
up 10 Tie formation Of this federal government f.
was .hese foreign coins, then, which the trainers 81
IT, ,, naa IA vew when they inserted all The
clauses III the Conution which bear upon the value and
current circulation OF coin its protection from count,
letters ana The potbitory restriction upon the States with
respect 10 me ilegsy OF tenders of any thing excr NJ
D. ~ ,u' % make 'his point still palmer if plain.
er u could DC made, MIR. b. aiveted to the earlv s,,,
congress which related 10 oreiga coins He bad
no less han nine statutes, passed in the first four vc,s -,
'he action oil this Federal Government all enac.J or H.
purpose oil regulating the value, protecting the uuy and
promoting the circulation of these coins No, oni, a.,
"e. Nno"" eoins Of the principal nations were nci
% m ifse statutes, but the coins OF all the nations ji
how remote or inconsiderable might be The n, nm H. OF
general provision OF The of 1889 the gold coins If all
which equa!led those OF England France Sp,in and
ouea' IN hnenes', were 10 be current at so csns H.,
pehny-weigh; and the 81 yer coins of aH nofions -
equaed The Spanish dollar in fine ire To =,
VIC ounce Under these general provisions grea,
"N VI we precious metals took place. Douboons yui
meas ha'i Joes were the and familiar ~
tanners ana dbortrs, well OF M. rcban,s and
Every substantial cizsn then kept in his house a mai, 81
small scales TO weigh gold, which are now use h. 81
Po''efy 10 weigh physc. IT is great MANY wears "a
"hoie generation has grown up since these sc,es o,
useu LOT 'beir IgnaI purpose; will they ever be-
gu dg"n iof tla use until the wise Ia wa nj so ~
~, Tor the general circulation Of foreign coins l
DE Pu' IN force These early statutes aided TO bnc
recOlleciions, could leave no doubt of The true =, carr,
e ION, and that foreign coins ere Intended R m
forever current within the u. States "
y" lh ms OBVIOUS meaning of the Cons tuition and ia,
nhdeniabIe advantage which redounJeJ 10 the u stat
on' the acquisition Of tie precious metals from all fore,
Tue inquiry naturally presents 4eli TO know io
"h't reason these coins have been ouaved by The Cor,
gress OF the u. States, aud driven from cc,jaion r.
hquirlns niid wishes 10 know how Conpress couI ~
brought, IN lew short Yeas after the a,ou,ion nj ,
constitution, 10 contradict that instrument in vital no,,i
cuIar-to repeal the nine statutes which tev had r,sso
III idVor oil ioreign coinsnd 10 irgAljzs lie ,o
W 'na' com whose v'Ins they TO regulate an,
! whose purity TO protect? wv
MI b took afapd view Of the present condition Of i
stauie currency OF The United Stles-of tbai rurenc,
winch was legal lcudef,-tllat currency which, d.L
hau right ny law TO project his property from ecnor
aud his body from jail, by Offering IT, rs matter of riLi
70 MS creditor III payment Of his bebt. lie stated Ihi
statute currency 10 be- first, coins FROM the mint of the Il
States; secondly. Spanish milleL dollars End lire NAT,
such dollars. This was the sum total OF tic stsu,o ~
rency Oh the United Statcs for, happily no psper o Am,
beng, State or federal could be made local tenJcc
ms Is e suin total out Of which, any inan in debt "a,
legally pay his debts; aud what his chance for maxim
payment out OF this bIiof s' Let vs. see COINAGE T,G
he mint not piriice OF gold, single gbole dis,
20 DC iound very few half dollars except IN the Deigbbor
mood OF The mint, aud in the hands Of Tie H. =
] United H IFS hfavr a..