Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1839-11-09

included nothing bat .1a aaf silver COIN Of DIE
country. answer .1-1ac -Hae I'D truth. Because,
20 nag upnau q urga9 tff.gg t-se. u CIHsI-a
Intended 10 include eli l1'es % fte Jm.ct States
BaBsl they di ~, u.c t.a p-aT-r W1itsio convey
that Intention.
Wbal , money Ace back nr.ss moHey No
neg Is metal c0.u-I. To e5u llls boxes j. an abb
5uriHy la terms.
Since writing DE reply loa Fnag night .asu !
lound 81 tle office 81 mg friend. Dr. ts'e-, Re-
port 81 Tie committee uf finance O. ihe S'ra'c 90
Tie United sttes, ol Nav 1888 90 l.nt rcso'a-
ton 10 relation 10 ne puhe revenue aud dues % le
government The committee after reeli8a and
commenting upon lie a" hard m1lcy cause" of DE
acts oi $50 aad 90, AMI The act Of %. Chareuus
the first bank anil the act Of o. ciahishlnga mint,
and the act Of 1913 10 regulate foreign cons recIfe
tie speCe clause OF tie aci u a9 asJ proceed as
NIlova."
"The constitution elyc, u Congress The power
10 "coin m0aeb regulate the ,llue thereof, aud OF
foreign con- :" aad toe two acts la.i referred 10
are an exercisc o. that power the latter proyid-
ing for coming money By means Of a mint OF ihe
United States, and regulating lae value of the
money SO 20 be coined AMI The former rcgula-
ling the value Of foreign coin. This power Is
exclusive "a Congress, lle Constitution Of he
Uuned States expressly p-oa5lt, The State, lrom
coming money. What den ~ s. the no.. Of
the NaIed Suites hero Intended, Ia he ppm.
ior ol The committee, Il j. the coin of the United
sAiesi tae product If the mint Of the United
States; The money caind By the authority Of
Congress. In ths oplulou they do mol suppose
i possible they caG be mistaken. The con Iuc.
lion seems 20 l.ctn too c'eat to admit OF argu-
meEt o, question The colIocaton Of he words
money Of the United States" az used In be
section Of the act Of 1899, above qlcled, would
seem 70 coHilrm his, as the construction u'cu.
ded 10 be given to these word, by Congress, IN
the passage Of That low, The provision is, ohai
all duties aud fees to be collected, shall be pay
able IN money Of the United States o. in 'os-
eiga gold aud STREE cons" lhus, "a, &, would
seem 70 the committee, contemplating currcu-
cy Of metal only, and using the words vdicha are
used to distinguish between the coiuaee OF our
own county aud foreign coinage.
~ has been scea that prior to the pessaac Of
this Law, the revenue from customs was, by law,
collectable in gold and silver coin, or in TIC bills
or notes the Bank Of The United Stale,.'
As the oct of 1893 repeats 'al other acts aud
parts q acts coming within the pur,lew Of H. $50
tlal they should tlenrtilrlh cease 10 cpcuic,"
The committee infer that that section Of lhc al bank
charter making Rs uc.e5 receivable Tor pubic dues
was repealed, and that the blauch Of the revenue
(dcrVed from ctlstoms) was ion TINT time for
ward receivable NEON oab HAT il to say in nin-
neY Of he United States gr IN foreign gold aud si-
yer Coins,
A. The gentleman appears not 10 he satisfied viDa
the assertion of Mr. Webster HAT State bank
notes were received for public dues from 1911 o.
lsiG, IN direct violation Of existing statutes no
with the resouou itself win quote from this same
report on this subject. After ,ecling the rysola.
ton, The committee proceed To say
"Such was the resolution Of the Bob Of Aprtl,
| 1916 resolution called inn existence ~ the
| arrangement Ia or monetary system atlhup par-
| particular period "A resolution which, it, Form
and Is terms, as well as the circumstances IA.
ending 1t, NIL concIusiyry prove, wus never ul
tended, by the Congress which pissed il, to BE i
permanent regulation for tie currency Of .l4
Treasury, bat a temporary aid IN m attempt Il
recover from the wide departures from the il
which the practices Of the Treasury Dcpatlmpn
had introduced IN an attempt 10 brng back, to
tolemb9 state, practical, col legal cpueat
which had become ,ptolcrablcn
The committee after excus1g not jos6hjrg Ii,
""N'' ~ ~ ."t1ulF lot tttt\tNN Nih'C btU'
notes. - vocation o. aw, proceed as follows
40 extricate the Treasury from these ca1ar
easements, and, as f,r as might be, to reclaim d.
currency generally from arrangements thu
brought upon il, wus The design and object Of ,h
resolution under consideration, and Who that la
examined ON pyeyaos legislation, will brlicv
that, bul lor these arrangements, growing princ
pay oul Of oaus and advances to die Goycu
mcu IN hc hour OF It's utmost need 1.-The resoIario
Of 1916 would have ever met he appreciation
that day. And who, ia view II all these cons,
Y cmtiuus, viii believe that he Congress which Il
! pass lhal resolution intended 10 render it con
pulsory as "a tho receipt Of the notes of lie A..
I banks IA payment Of ~ puhc dues, ana thu.
iaStcn upon tie public Treasury, as a prfmaae
and obligatory medium Of payment, lar al tala
| ot a