The daily union. [volume] (Washington [D.C.]) 1845-1857, 1850-09-28

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his gold 10 induce him violate the law. But certanii
Is we do not pass this provision. that sixteen dollars
ounce y all that he will get for IT, During the existence
get more aud whatever he pays ior permissioa 10
work the placer y soemash clear loss him. and
cess should get about Two millions OF dollars pes
year At eass for the coming year. II The indyidua
digging the gold surrender IT, there would De every n.
ducement upon their part do because they would get
more for t. and have better. reliable Duchases
they %Ga sys Ss.. ss Az
i mistake think, on the part Of the senator iroa
Missouri, MI BEsTos y L does no. TAR the asorsr ii
get now ali be can get II let him aione and instead
Of charging him dollar month. or twenty shve dosrs
amopth, we charge him nothing, q, -. 4. s..s
machinery think that those twelve agents popossdto
6e appointed here will be amply sufncient 70 casIy 3n AL
nls 70 receive the gold transmit % Ssn hs
OF the contractor for the coin, as the case may oe'
and place 4 there in acondtion in which Il may BE- COIN
- however, question: as think, as 10 what viii Dc
the policy of the United States with respect TO those
mines y tislr policy 70 get no income from thsn
at all or II 10 their purpose 10 let individuals and com
panies have them TO work and receive nothng do mot
then think that il is worth while TO insert this provision,
and Is the question which win be policy the
United States for II it be their policy 10 have AN income
from these mines now is the time 10 lay the foundation
Of i II you wait until business becomes reggl. there
the gold for the gold il they can sell their gold thsse
eighteen dollars an ounce, and you oer them sixteen.
III and there will be then that very difficulty in carry
ing out the law which has been suggested here as likely
to II will not occur now, and no dscon1n
will arise in consequence OF il for the simple reason mat
we give the full price OF the gold for II, and make our
selves the profits OF the specuato who would otnerwise
buy the gold There would be no discomfort during ins
rary experiment difficulty would arise from 4 What
II you permit this time to pass over and BUSINESS
becomes regular and gold becomes worth there eighteen
dollars instead OF sixteen dollars an ounce then you
lay that kind OF tax at a you cannot collect int
kind Of rents you will encounter precisely the same dm-
Guilty that Spain heretofore encountered IN me
Now, Spain did not adopt this system. My fisndais
mistaken that She did exact such proportion o. me
the crude gold and silver from the miner and pay him the
full PRICE for IT. and rely upon the profits Tor segnIoags
and rents That not the actual cause OF IT, u was an
other difficulty that Spain encountered She did no give
her miners currency in the mines She gave them no
coin currency and they were therefore, comPeilsd.
which they extracted from the mines by weight. asa
currency, to their actual necessities That vas
the great cause Of their difficulties was me want q
mint the spot the spot that prevented herin
richest mines II she had done that and had been able
and other writers that those difficulties would have been
removed, and she would have been able TO collect the
segnorage. But the question is upon my mind whether
you intend hereafter that these mines should bring you
anything not That is the question. IL you intend
that they SHALL this is The mode, in my Judgment 20 make
Them DO i Intend that they sn e %oos
that by the senator from Missouri il the proper mode
lis them The question, whether these mines 70 bepro
ductive not 10 the government of the United Staies
Now 4 think with respect to that like all the other prop
ery of the United States land containing gold ~ well
land containing all other minerals ought 70 pc
made produce what Il is fairly and reasonably worth
should go upon reasonable and generous terms 10 the
Individual who wishes to cultivate II or wishes 70 dig
the mineral treasures from J. but At the same s%s
managing Il d controlling t. il il Is not our purpose Q
get any out OF these mines, then another gus .on
will arise, OF what going 10 do with them Why
them or hold supentendence and supervision over
them II we do not intend that they shall be producve
shall not do it. The next thing will be TO sell Them
They then go into the hands of purchasers. They will
go into the hands Of A, who will sell them to B. and
ss% p . % b Z sy
make out OF them the most princey fortunes coacssy
able, and those men for whom we wish to proyde will
not be permitted to upon the placers or mines and
work them at ALL II is better therefore, for us, for the
object which the senator from Missouri and the sena-
tor from California has in view is much better for us
to lay the foundation OF revenue out Q, nose mines
which will produce enough TO justify the United States in
retaining them and managing and controlling them.
which drew up las, night Is perectwouid
do 10 last for years would do under different state Oh
things from thai which now exists; but do believe that
present year. until further legislation be had upon
it, il be sufficient for the purpose intended. shall
be satisfied with any amendment which may meet the
views OF the Senate felt i my duty having looked at
the subject present this plan, which view
as to the best mode Of conducting and managing this prop
crty II be wisdom in aging the foundations OK the
system which gentlemen propose TO carry oui, Il onght
not 10 be adopted II rejected shall be satisfied with
the attempt Though cannot carry out the measure as
originally proposed, | shall be satisfied with anything
which will be satisfactory TO the Senate "a 1901
! Mr. FREMONT certainly did not intend 10 say that
the particular form OF the amendment OF The senator from
Ohio MIR EwIsGl part OF the Spansh sysien but
only TO say particular effects II resembled the
Spanish system. We ought 10 look in the exfansion
and impulse given to Tor the increase o. rev.
TO the country, and not al all 10 gold Inc bill con-
templates thai should derive revenue enough tocarry
system OF protection TO the mnes and moi TO derive
any additional revenue from it. said esambisd the
Spanish system in the heavy taxes II laid upon the peo
i pie Spain taxes everything. The tax upon The mines
part OF her general system. She taxed all a9cul-
tural producs-evcrythng which came from the earth
was taxed by her. when u was not monopozed by her
She took the tenth part OF the agricultural products as
well as The gold which paid to Spain. sad oil her
arbitrary powers and her extended system Of laws upon
been able TO investigate the subject, more than $4,000
per from her gold mines. And BECAUSE ~ be-
eye this system would not be acceptable 10 the psoPe
/ they would hide their god and not produce ~ proposed
10 obtain small revenue in this way. suggested TO
the honorable that the that gold viii not
bring III sixteen dollars In California
Is because the custom. house has imposed q double
tax upon them The officers OF the United States lthere
would not receive the ballion in payment dor du
| ties. Coined money commanded then premium, and
kept the gold down; but The people were not ON that
account any better satisfied than they will be IL hey are
obliged TO give their gold for sixteen dollars ounce In
the bill which has already passed the Senate, gfyfng
mint 10 California, assayer is provided WITH view 70