The national Republican. [volume] (Washington City [D.C.]) 1866-1870, 1869-11-30
INrERNArIoNAL COINAGE.

INTERNATIONALLY COINAGE.
Mr.. z. B. Elliott, OF the Treasury Depart
ment, has carefully prepared commuuica-
ton on the subject OF International Coin
arc, ;" with special regard to changes re-
qulred In the existing monetary system OF
the German States TO reduce II TO an inter
national metric standard.
It will perhaps be remembered that Hon.
Vim. ID. Kelley introduced at the last session
OF Congress a bill go promote tho establish
ment Of an international system Of metrlcal
coinage" which Is now pending. Its enact
ments are based upon the fact that Ger tain
nations Of Europe have adopted and have
proposed to the rest OF the world coinage,
which was originally based upon that sys-
TEN OF weights known as the metrical, but
which, under the influence Of circumsta noes,
has departed from Its intended charn cter;
aud as there ia IN assured expectation that
this character OF simple relationship to
metrcal weights will be ultimately returned
TO, the coinage of the United States can be
brought into exact conformity with metrical
weights by change in Its value amount ne
tho case OF gold coins; also that the silver
half-dollars and all smaller silver pieces
shall consist of standard silver nine tenths
fne, to be legal tender for tho payment OF
all gums not exceeding ton dollars.
A petition Of the American Statistical As
ISOLATION relative to international coinage,
with an cnunsiatlon OF tho principles which
t., tfa aata a1 ant
motion Of the Hon. Samuel II. VALLEY, OF
the committee on weights, measures and
coinage, adopted by the association at Its
meeting held at Boston in tho month Of Feb
ruary, 1865, and was subsequently, presented,
on behalf of this association, to the Senate
by Mr.. Sumner, aud to the House Of Repre-
sentatlves by the Hon. Samuel Hooper.
This petition clearly set forth tho propo-
sltions to be considered, and requested that
the principles involved In them might be In
corporated In any law adopted in respect to
the metrical system of weights, measures
and coins.
At the meeting of the American Associa-
ton for the Advancement Of Science, hsld
In Salem, Massachusetts, last August, the
following resolution was adopted;
"rh,t hi, ,,,on co,d,,IIv ,,,ro,s thu
proposed adaptation Of American soinass to
dollar preciseiy that OF one and Mi az,
grammes Of nne gold seeing 10 this . new
nations, BY the pniacstion OF weirh,, ms.s.
ure., and coinage, inssnueh as all monetary
units which have simple relations to the
gtsmme must have simple relations to each
othet"
MI hhio', al the request OF Hon Hugh
heSulloch' the late secretary OF the Treas
ury, made report In favor OF the provis-
ions of the bill above mentioned. which vas
1850. y '-S e'' 49, ""en VINO
transmitted TO Congress with his hearty ap-
prevail,
1t will thus be seen the subject has been
carsfnllv con sidered- and meets with thu an.
,,>,
dorsement OF our leading scientific societies.
7, thu .uaoos,io,s oa,,ad hr NJ ri,io, tor
=" 'Ho 'usse''''n' oueteu y! 'it' 1'hos io'
the establishment Of an International coin
"so 'n uoe'uia' auu nio'fie oAes Az uei-
many he notes the fact that among the able
odvocotes NJ r,aoro So,bo,,h AVIAN. ,-,,h
"N'oN"'s' '''' Hussu' -'''uouio u"'h' "hn
emphasis on the important principle that an
International svs,sr, NJ coinaoe .bor,a n.
'as 'i., ,ys'en u ooIaAse snoaia DC
there should be simple numerical relation
between the metric unit OF Welght-the
uramme (which oopal. IL 4aoalss Eno,,.b
s'ae H'en equA'' i'to-'o' sukh'n
grains Troy)-and the quantity OF gold con-
tained In the INTERNATIONAL STANDARD units OF
value; recognizing the fact that coins Of .
common aneness and nos....i,g .i,,nIo ,s,s.
tlons TO a common unit Of weight must
-. =. Iii, oa...,. -.
nave s'nP'e anu eaSHy COMMENTATORS reia-
tons to each other.
,, t., 49,
ht' E' IN presenting hs Nie"s upon tnis
point says;
urha lanai ,,,pdor5 Of Tho .x,s,Inx ,,o,.,. Al
,.ca,,ni IL asrmsny f.,sont ~ 81 n,, ~
RremenI ia s;Irsr and tbs ri. TO, .nh.i.tt, A.
b.twecn he dItf.rent denominstions nan'd.
cigtgL Ctod coin in Germ.ny il hnvin1 no
s,rict trial a. noa,v' n annasts IL ~. 1890
simHiy AZ IT, v.ryHnS spPp,ens y.in.
shmnpg,,, 10 enc,g.tisan. hs,n, .,, 49, ~ \.
the standard silver money OF account. what
is desired Tor German ,N measures 81 value sp.
goid and a Metric basis. Fortunately, this may
Secs ibs wsI wt ~ M aPpes"Pe dn.o
quently of the most importantly OF the exist.
I nns Win NTH T mo S.,,s, me n p,eonH,
weight and hnenes, Of the union crown sad
The states tASstIiss easen,ssI whiss ue ws ~
represented 10 the Vienna Coinage Conyen.
gold coins We, Issued by any SorerSnantn 'A'
ur, ..
existing siiyer.stsndard Of seco pt .6a,y.leat
IN value to triple crown OF the existins
Gold being Ieekoned At Is 80 timss tSs, ~ ~
silver, ,h relative a. value very near to tha; Of
London market Tor the past nins years g. ~.
l' ST5s.. n
Eaiion ofihe moneys Of Germany UPON ooid an
e Sr,e oat, cry 1921 rseoga1ion q e aiso:
befreea ne Lotrsii Of he rriHing siipSr usIs Of
S SSscHm Ims gsnnigI ana M sr..iing g's coin
tons as to tolerance in weight and nnsnsss,
gDa ,, fyi sha 4e ths soc Legal snstr ~
silver coins shall be legal tender in psyment
Seesinr SooS nt smOEats, Gay 10 sun, not eh.
metric thaler' herein mentioned, Ia any one
P'y%sns!
,una-",a w " % w. oso'en Vi inoneys oil .he
s,,' ~ 'n ,n a Auu ee''A'i o'ae'
r"'' " u'su p'euu's
- ' o,.''' s'O'eIeu' anu .Os.t s
on - 1"e one 1u'oA N,els'nl 'nA'e'' AnO
norna Iroo a1a,, ase a n ', , con.