Carson daily appeal. [volume] (Carson City, Nev.) 1873-1877, 1876-02-11
The silver Question Doctor Linde T.
nuns Views.

The Washington correspondent of the
i!tI. under date OF the 9TH says; The
Director of the mint considers the evils
resulting from the redundant circulation
OF silver coin on the Pacific Coast as a
very serious question, but hopes to cor
rect them easily and soon, If Secretary
Bristow will only order the suspension
of the coinage Of trade dollars until the
redundancy may be reliaved by ezpor-
ta.;on. which will speedily take place.
It i5 3 question whether the Secretary
has the power to suspend the coinage,
bu: an argument supporting his recon-
meLdatlon will be presented tomorrow
by Or. Linderman. If this cannot be
done an act OF Congress will be recon-
merded TO confer such power upon the
Secretary of the Treasury as will enable
hin TO control coinage when necessary,
and provide regulations to prevent trade
dollars circulating in the United States.
Another remedy proposed is the passage
u the act to prevent speculation II
silver coinage by causing the mints to
purchase bullion and coin trade dollars
on Government account in the same
rnaluer as all other silver coinage is
controlled Government could then eX-
pert trade dollars on its own account, and
prevent tn redundancy q circulation
which iS now caused by spectators who
make q large percentage on the coinage
<1 account ol the depreciation IL the
valU- ot til luihon. The Coinage Act
Low IN force makes trade dollars a legal
tender tender II the extent al -. Di-
rector L!nderman thinks that this pro-
vision ought 10 be repealed. There is a
strcL, influence at work III the interest
I tie silver bullion producers to make
silver coin legal tender on all amounts
the argument Icing tLatthe Government
an rT1iIce silver com At a cost Cf elgn-
tv-s.x joj) cents per dollar, which is
about al eq.al value with Greenbachs,
and would e..a dc tie Government to
-a-u:.e spec. -IIert without loss.
Flood \ . Hrirus offer. Doctor Lin
.teI:-.a:- has received I. proposition 10
purchase the product oI one month 5
yield ot the Consolidated Virginia and
California mines, amounting to ten
millions. Superintendent La Grange
writes that Senator Sharon has promised |
to furnish sufficient milling facilities.
The Department appear to view the
proposition only as al effort to bull
stocks through official correspondence, .
and has declined to consider the pro- !
position, answering SIMPLY that the law
restricts the places Of deposit OF bullion.
anu the Centennial buildings could not
legally be used for such q deposit !
More0vor, silver bullion has declined
three per cent since the opening OF Con-
gresS and the Government would not /
purchase IN advance OF requirements on !
i. falling market.
Eosc3E CoNKLING As THE "IoUNG .
AgEEI-A' CANDIDATE.-Roscoe Conk- /
ling Is fortv-siX Years oId-In the very
lush Of uauA0Oi-and the Worcester .
.>p3 says that he '' can afford tC wait.
50 he can. lie has great future before
him. Bu. Why not enlist the services OF
4 statesman who, though mparatively
vCIrC, has had great experience, while
al his IA ultiaa are Ct their best: Why
wait until q man begins to break down
physically and mentally before calling
him to & responsible post that demands
tbs exercise Of mans best powers Of
mind and body: Il is true that even IN
1850 NJ. Conkling would still be young
,r than John Adams, Jefferson, Monroe,
Madison, John Quincy Adams Andrew
jackson. Harrison, buchanan or Linz
coin. when chosen President; but still,
Il world Lave been much better for the
country il sc..e OF these eminent men
had beon called to oftiae sooner. Sena-
tUr C0nhling - .orL'l and vigorous IN
mind and body Ii We take him now
We TAX him II Lis best. H Is tie IA
vU-i;a son Of I'll, I-4pire state, aud will
90 INTO tAe cun.n,, canvass with hack
Icg that viii certainly place him in the
front rank ot tle strons candidates at