, 1876-08-19


hardly he conceived. Recall ihe eircum,t,n",ss.a ,"sa
Hero wna natlon compelled, by tho h.,;
exsFcl'tics OF q great var, 10 auspcnd ,p,s," td"
payments. We issued bonds pprahtn :.
lawful money or coin; that coin W. ~
s"l an ,i!ser s rssosoizs hy tho con.uon
.hc,s hons u tess than tha faec md paia aiHapf. =.
ch'o The rst act of 1Bi ra.se, M fef IL u1r !, hs,
amended IN August SAYS no'ing Of god md p.es
u Tho ia act ii rebrnsry, 1862, authorize, .,o,,..
atch Of bon. tecerabc nt pleasure, hn, h,'e9et me-:
vtica TINT NIL hntas IN Imported goods aha11 \.
pn!d in cola md applied first TO- the payment 10 10
fn,H ni io ihtefc't on The oonda and mites uf Tho
Sss% TSs sss y ae!sh 1sos authorize. nine bsn.
he ass of June 10. 1s. anth"rsca fonr n fh"n: hnn:
tlrel millions. Of bonds. the scmt-hnnual lntert.stt
payable In rofM:
rho act. of 1879, an,cn1cd In 1910 declared a,
Imports should b collected in ready money, ana M
:, ,Ths AZ ot %sfcs. 1902. ,plsage. tho faith Of
ce!lgattoHs, 7, n so!n, &C. and amin 20 a.ds
thy rayent In coin Of it, laterost On bond, and
49, ss es5 FL n3sn s sna ,s .ss.ss. dr.
Statcs bonds or interest were pnynl,lc IN gnld In
H. sa o he ss:1y 81 t' .ss s
mt one Of ttom ,jr.ti1cs tho Treasurer IN is.nna
any bond payable in go!d. Whenever any tesjs.s
ii 10 always provided tint payment shall bs In 1on
>, Another ua{stiacat!on grew out OF thu carele,.
,ngnsSs u h f 9st IL 1s
sa,d - tl,nt upon the fepn,lt of any United States
net prescribed by tho lGf Ind Goth recon o. dI 4.
EHklnNHH Htt nnjfb 81
words gold or silver hro 70 bo found la tic wLo'o
yolan,fnon. chnpter. creating our National Banks.
the only things spoken Of ID aeci,rty. and the fe
lankn arc empowered, among other things ii:
buy md .ell bullion and fnia,-nor d wtirl al 70
done 10 '.parsaant 10 iaw." s''1' ~ DA' A''
nsi Go,n I; two krd.so!a .na elys1 but II.
wan producing thcrn 10th. and bad vnst amounsc Il
capital and large population employed in The pro.
dAGtIon 81 both, IN mining, smelling, a'taylns
onr largest creditor, had demonelzoi silver. I'm,
mixing IT. eaaler to ray her IN coin ,he hc'srlI
thoueItess ei snns leytssios, IN ls9; wksa Saa
aeraany. actios. pss.sd ~! fot fsgH!asIns.s''
cies of legal coin; ths inevitable elect Of whlsa
would be to, lesacn the value Of tho COLI
III sua ,sane n to ss,S.dn the sqs q
yrnrs. stat!rt!cs show that for eco years thcfs
hi nSen a aDy ustnHton y the es:
less than gold. Silver had been moro unlfotmly
tie standard of yalues In the world Than gold. ,Ths
e i nSnm Il esssssss BY III H.: Sss
tons from the earliest agcs. ~
Why nholish from ths worlds pockets a thing
"CME.cd DO he who retnovr,h the Old landmarks"
In all fAnds where thu Holy hihle Is read, men
from lnfancy hare associated gold and silver 10.
ant tyAnHn fhxtS rft
his arst purchasc with ahckc1s OF silver. Tha
Scriptures spcakof aycf and gold together in nure
than hundred icx.H i IL snpusad That coins cxits
n civilized natons a: early NJ The fonrth century,
MnS; s's Is Il a End ss n the 1
gold went hand In hand; and, IN al times and al
countries. thcy have been united In bonds ,rm a.
universal. Silver has ircn The war.caln OF iii
Ensan ts snsta'es 4; inasn.s ssprsals IRON
satstr. seldom Of gold. johnson and Locke both
sleak Of "moIey" as "co'nea sirer, mallng no
IN lal0. England, producing little bullion. and
barring no interest as d psodacrF, abolished nilre,
A. lega1tcnter; but, III apite Of Tint, and in spte
o1o Sf @ f, . 9at s st. @ liz bse1 and 1t I wn %
silver lost none Of lis purchasing power, but con.
tsarIwlss, Increased relatively n value ever eoll.
c. e ersae e,ssnsa s tss so"ts,a
silver nut Into certain q. our coins Nay the sefy
elements fEou !ioa,s r. lrst Land!To5k hare placed
luced $50. COO, 700 Of bullion In 1877, more tlas
say , m. ~ ~ a'st before Il r.
tss,is The LSsd" "@!sg, IT, i Tssn,5 ssassIe. i
FL s aass uep9 xep ep an II IT,
United Stntcs have established d ilmitod dyofct
bctween them; and much q the di.tscss aud dl.
my .atcly bs eatcsbie 70 til. :s eau.o sd alone
We are certain to restore silver TO its original
ptace, and 4 IL only question Of time. Wc, ass
aesd tSs Vii not oos NJ Sc Sa .ao bd iSfi et
lessen the value Of our own product; but the dit
trcsr md srInkago nsi.Iug from its temporary q.
'fu par"s GU our sna 1a
s dFss asa sen s avns
up from The bovols Of tho earth q prolnct lh.l
brought ~ In ott.tlmc millions Of moucy from lhs
1si8 TIL now II In anticipation Of tho war thu,
wah to desattato our country, where Freedom waI
te work out ita results in ths awful thsues Of con-
mines Of California md tbs: West more goid md
silxer than had been produced In tho whole century
Ssfore shs!iys b moro thenktul for psFolen
when our pronltaes-to' pay aTe atil out and nufa.
deemed: aud W arc ,t!agEng to "eS. tbs zane !.
voluntarily d!yest ourssfvc. Of the privilege Of pAy
Ink IN both coins, snl 10 add to the yallo Of tls
kind retained untold millions morot
Tho restoration Of Aflyer 10 tho coinage Of tht
country and The world IL demanded " justcc,
fairness, and policy. None but robbct can con.
Tend thst silver should not he taken Ia payment o
debts contracted beiote tho pns.agc Of tue act Of
1hT:l Let 1t be 80 amended that debts contracted
after tho act Of 1879, mud prior to lts amendment,
be payable In gold only, 10 that no nlHn should
!ose ths benefit Ut his hnrgain; but Government
bonds payable IN coin. issucd prior to 1879, ara
certnfNly ayAbla in tho cola that twas legal teudf
at the tlMla 1f their isAue.
Al! Wrttcra agroe that the coin Of tho world
sh0nld b. ~ atahle ~ the elements will rormtt.
Can stability he enhanced by roluc,ng the lcgalcolc
to enc kind. whereby tho money kings Of the World
can control. And manage, and corner It at Wilt In
slc!h events, Lombard ind Wall streets alone can
control the whulc legal coin ot the World It any
given time; can bull or bHar tho market at will;
control Ministers, Ambassadors, Congresses, and
FRFlaments; dictate terms OF war and peace;
Ill the sallcya OF tho Cuntlnent with hood.
cover the hasbors Of tho worId with contend;
Ing gnnboats; construct nr scatter tho vii rhc4
vehsels Of co1nmerca Of the steam englL~.f nf dc.
stfuctloM: but, with dual standard, the WAyts ot
heightened specie, seokIus for ita level. will roll
In from the fsrthe1t Ind. fgU Asia and this slands
Of tha sea, "a tidal wave hurled on br human In
ttrctt to secure the Increased value OF their stocks
Repeal thu unjust and oaloua law, and In = shurt
time silver will be wusth ~ much relatively a. It
hnI Sp1, hall ha