, 1876-08-03

tlznt,on Of silver or tho passage or law hy Con-
gross 10 mako the old silver dollar legal.tentlcr
for the payment Of all debts, public and private.
nce now TINT q resolution 10 that effect has been
presented 10 the Board OF Trade by IN eminent nnl
thoughtful ma1nbcr OF that body, and think Il Is
timo to suggest hht tho merely Icg4I aspect OF tho
c.sc Is very email part Of tho question, and that
nny commercial body which shall assume that
everything Is settled satisfactorily when the ,lght
to pay In silver Ia established will he nrouscd from
that dream ere long with a bad headarhc.
The old silver dollar was coined on tho basis Of
valuation of III ounces nf silver being eQunl to l
ounce Of goIh. The present market Yalne OF the Two
metals Ia about IN to l. Gorn.any Inns large
amount Of surplus silver, which she would like to
dispose Of. So has Holland. In fact u.cry country
has silver to sci II profit can be rnac by selling
It. Is It rrupokcd to make the United Statcs tho
sor.hncket nf tic world, 10 take all the anrl,fus
silver at the rate Of III 10 L. while tho market vaue
IN 10 nr It per cent lowcsl Is 1t pruposcd that
shall voluntarily take upon ourselves Tho whole
oaus and burden OF bringing silver back to j,ar:
that Is. Of l!flugit Up to Gl pence per ounce In
the London Innrkcts That Is d task which onrllt
10 be bornr, md must bo horne. by the world ut
large unless tho prnverbally cute Brother Junahan
Offers himself US the willing pack horse Tor John
Hull md every other member OF thc community oE
nations.
Ian, In favor Of tho double standard Of gold and
silrcr hut ! an not In favor Of tho United Statrs
taking the step proposed without due investigation
of It's economical elects and Consequences. mi
H., ~ ,ros " ,1. 0 ., 10 s'h""
,,.ra ,na,ho,s sn,.,, t1,,.~ ,t,,a ~, st,o,o,h ~
enter Upon tic iahnr1uus examination ncCc+sary u
reach a wise and useful conclusion. 1t appears 10
nc that here IL ono qucaiiun Of great magnitude
md Importance upuu which no party advantage eau
be claimed or gained. It IL therefore III better
shape tha" public a"cslona commonly arc to re-
se.Su ~ ~ Impartial sS'on s H., rue 'ag %ne
0cn NJ 'y !c.cro sr m r,
II NIL Int lint wh,trycr r,,y hc cnnsil.rc ,crnllv
leicusblc sail nlso bc considered perfectly bust.
,rss.1Iku and iulIetous. Nan rousiaf.
There nte scyetai tside Issues to thIa question,
Que OF these II whether canase shall bc free or
tastrlctctl II frrc |. will nut us u. natiun In
The attitude Of Offering 10 buy an unlimited amount
pf s,lvrr at much mare thur 1t II worth In thu
market. II restricted, II will hardly ,nret thr
1cws OF thnsc wllo nrc calling loudly for the r.
nouctizat!un OF stYes, and will not Le, III lutt,
,cmonr,isatjor. bnt n limited u.r Of ri ,hat ,n.,,l
viii which ia lny The interest on the puLl'c ,rbt
~ Injurious tn til. public crc,t, that II, il would
make tho bond. Of ,,e uo.'sa state. ,sss valuable
.,esa),tcndsr, would offer a great temrtaion to
Wight Of pnrs siver Into ,clr ' work. m ~ mud nd thus @
nuke Oh good coIlls As the Government docs.
GoLn AND s1LyEN MINING MARKET.
The A!ta taliJnrnsa Of tAc 9Th init. ,!rseribcs
H.. ~ I"'u "la as.eAe vs. loo"A:
,crnf I'd x!i s stSp. soy " m III
p:ices viii s! VIZ SxSa sT y . ;hat ii Iyso,Mf
1a on!y strength III uisaasr On Its re.
t f. si ,x s,r i sr HsCt sSx
h'shsr tnap nFGMsa ~ connntiy increasing y!si
,uycit, ars stea 4. iu t!!s cause IT II it, njraur M"si
sf I Mau M ri Saaisa. sfff" fsey Ac sl"s "
Ms.nscr a The elost lsst sstnll! c ,nssrl nplcara
f. t'onSef c II . 1t shs "arsr i.!r e M
IT, Wis . Wv ss ,"s rxsgni Il ~" SsvsgM, nT
iti apl u change ftons fcfaa ,Ic rt.snt iay ii "ysr
nEaMAS SILVER SURPLUS GREATLY oyEnrsrl-
Tile Dastp NeHs ~ London har Information that
s ae7sets Of tic world Is rrn,v a .aoM o 's
,.y,.
'oyt: w. ,,,x. rccs rr t,nu t. no,oc.r ., ~. ,,,,.
% w ,axt IeefEs" @ tnM ~ "; ~ anacr o. ~ Gntyet.
ySr o. I'm, II tits1say, Ii: "nrs rnn,t.1y 1r
liz .tairn,rnt. wAici na' been ,a,u hat til, stu"k
!! @ "s II sn: a III
Ninth H., rhe nss a, % & e io.se 'a'' 4, tc O.
' !, ssn 10 d III sf ass Ii sr 1saar a1 stS x
,'.,!S,yn, & f"rm r. op'n!9n r HELM "nly e.!!
uMtn LIE ~ ailhiG Az ttuh ~ AttthtN Ai. ~ t!4G
@ W., sisr1 comm e1ns u .1~Y' t'a brrseAt Aoek II nut
t'tyt.1, ~ o.,WS.. ~ nS.H at,rvr ,,,.v,, 60
'eo'e' 'tA"' Wv w, ~" ''"'@ 4" 9oAef'o" ~
r,o t,,,,o.+ t,,.,,,;i. ~, ,.>,,, ,,,
lhn n,atsoW y. GhaAuef ~ commerce met on
9rsnuhnJ ~ suaeF t .r stRnat on tns aePFsciti1n
TOM proposed ~ tsn aInptlun " nv report. which
fecuf,Mell'ieA lhe ahhst'tAloA q E9ld currency
tnr w pssseni sl!YE1 co'nafe. ms It VIVA Hl-.
Er*trl. might ~ ActaHlhil+hcu ny tie Goyrrnnrnt
ceasiht 10 Gun sittr. ing cSchansr VIII the1GEy
ne hileait5s,ei is ;, T. VII No. ha.'e ehA1ef ~ Ihy
stsans , nis "atn u. tsee ~ rulhs., ail ~ ntlort
t1nle t'e exchange WIZ bn brAngtt tn such ratu
r,,a.. mi ,,ny,nnT. ~ Iaht Ell W. - lu'
iuRtalur thst 1t was Impoa4biu to giycn ict!tiuus
value u The cuirage of any country leyanl u GER
taln 'iGllsa anonni, anu tiat tl.is would ba tho
IT, nnItc, S.hrs ~! ,c-eta ~ III ~ att