Burlington free press. [volume] (Burlington, Vt.) 1827-1865, 1837-08-11
VERACITY OF THE GLOBE,

Mr.. Van Burens official, when it backed
out 9th hum5ug, was fool'hardy enough
to make the following asserIion:--
"A currency exclusively metallic has
"never been proposed nor advnca' ed.
"el,her by President Jackson, Mr.. Van
"Buren, Mr., Benton, or any other friend of
"lhe administration hlgh m horny; Or
"in the confidence Of the democracy"
The New York American mos, effac,u.
ally nails this falsehood to the counter, by
publishing The following copy of bill in
,roducrd INTO the u S. Senate, by Col
Benton. in June, 1886 -
A BILL to re.es'ablish the Currency of the
Constitution for the Federal Govern
ment.
Be- it enacted by the Senate and House
of Represent alves of the United States Of
America, in Congress assembled, Thai
bank notes and paper currency Of every
des cri pion shall cease to be received or
offered in payment. on account Of The UNI
ted States, or Of the Post Office, or 10 fees
10 The courts of the United States, as fol.
lows: Of less denOninarinn than twenty
dollars, none after the Sd day of March
1887: OF less denomination than fifty dol
| lars. none fer the Sd day Of March. 1888:
Of less denomination than one hundred
dollars, none after the Cd day of March.
1889: Of less denomination than five hun
( deed dollars, none after the 81 day OF
March 1910, Of less denomination han one
thousand dollars. none after the Sd day OF
! March, l84l; and none Of any denomlna
,lon from aud after the Sd day Of March,
i842
'Secron 9. And be i, further enacted
Tha, any person holding an appointment,
under the VS. of the u. States. aud auy
bank cmpioyed to keep public moneys
which person or bank shall neg l-c'. evahe
violate, c0nlravcne, or IN any way elude
or attempt to .lude, the provisions of thu
r act shall be guilty of an off'nce against he
laws; and the person so offending shall h
liable to be dismissed from he service
: and The bank 20 offending shall. on salts
f factory information, be discontinued as
dep' story OF pubic moneys"
Now hear The Globe
NC CHIMERlChI sCUfIIle VI an exClu
sive metallic currency has NEVER bee
entertained by the friends of The past @
presen, administration, nor has there bee
the slight 81 attempt to interfere with tn
credit system. A currency erciusirei
metallic has nerer been proposed nor ndvu
Gated, either by President Jackson. NJ,
Van Buren,, Mr. Benton. or any oihc
friend of,h administration high in auth
NY, Or in the confidence of The Demo
2 cracy."-- Globe, Of 1887.
e Then Mr.. Benton again,
! 81 am one of hose who promised golt
i not papers promised the currency of tn
n constitution. hot the currency of corpora
tons; ] did not JON in putting down III
y United States Bank. To PM M a w,ldrrna,
: of locaI banks did not join IN pnlllu
d down the paper currency of n nation
Bank, TO put up a national paper currenr
y of a thousand local banks; did no, strlL
Cesar to make Antony master of Rome, I"
n Bentons Speech against The repeal of h
e Treasury Cireuiar.
e And now the Globe again,
II BANKS CANNOT BE DISPENSED WIT
y. except at the sacrifice of all justice in =
~ gard 10 the contracts made under a mix,
currency. nor without a violation of II
faith pledged in the legislation (where no
, eslly obalned) by which they were esla
shed. The subject must be left to grad
> a | reform, to which the intelligence of Il
= people OF the respective States is fully q
,. equate. GLOBE, July 1887,