The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1876-12-21

The following is taken from the Con-
gressional Record. The House having IN
der consideration the gold and silver coin
age bill:
Mr.. Bland now yield for ten minutes
to the gentleman from Kansas. (Mr. Phil
!ips)
MIR. Phillips, of Kansas. Mr.. Speaker,
regret very profoundly that the time should
be SO limited within which to discuss a
measure Of so much moment as the one be-
fore the House, one requiring fact; and in
formation On which the safe and judicious
action OF this House so much depends The
experience of the civilized world teaches US
that We should approach this question with
great caution and difiidence Germany tried
to demonetize her silver coin and brought
herself to the verge OF ruin, and has now
been compelled to suspend her action.
When We, nation producing from $780,
600, 1000 to $4,000, 600 in silver each year,
as ours has been estimated to do, estima-
ting amounts that cannot be officially COM
puted, proposes to strip itself of this pecu-
liar means OF paying Its debts which we nat
urally possess, when the balance of other
trade is against us, and to reduce the value
OF one OF our products, We naturally ask
why? As the gentleman Just said, if you
go to the gold standard you will raise the
standard of values higher than il ever
reached before, and you will increase your
uepI run 0V " ~ pr cent. anu uihihish
.ne PoMsi vi .nls :ouuuy 70 pay Us oeo,s
.ho give 'ne es.iina's no' as 10 Tue ieia-
.ion vi Esiues VI So'u u sh'er put is
10 ,he ehsct Oh reuucing 10 single or
eo,d stanIaid, Nnicn wouid sun iufther
ennaIce tne standard. cay IN All candor'
anu say III no 'sfSiiah fpifit' mat the
osot "nicn the peoPie owe was contracted
when .he SILVER doiia, was one OF the coin
standarus. lnaeeo' Inc sii'er douar is pc
euhAriy .ne Amsfiean STANDARD IL mas
peen tne tlue unit Oh 'pe American stand
ARDS Oh Saiue ana mas oeeh go since I'2,
when Inc plan ior its issue came from one
OF our mus' iiiustrious statesmen, General
Hamii'on.
why shouid IL now be disturbed? Be
cause gold Is at present more valuable.
Inc creditors OF the Government want
some more
warn them inst While every patriotic
American VII, adhere 10 the strict terms OF
the contract, 1t Is not Tor them 10 step for
ward and violate that contract. L say TO
pay IN coin IL In strict fuihllment OF the
contract, save when 1t Is expressly stipulat-
ed that 1t shall be paid IN gold. When
they demand higher standard, which will
impose heavier burten upon labor and
the producing industry OF the country,
they come before the country with an IN
Just demand, as violators OF the contract.
think 1t Is high time that we took the
proper steps to secure the coinage OF the
old American silver dollar, the consiiiu-
t'onai coin OF the country; will say, as
have bei're SAID, that We have the means
OF producing the material In our country,
s.o,ooo,ooo year In silver coin. Already
with the Issue OF fractional coins, We have
raised tne price OF silver nearly to the
value Oh greenoacks; II was - per cent.
below when the steps 70 issue the subsidiary
com were TAKEN Ooin The American silver
COLLAR ana make IL ieceiVaoie Tor all con-
tracts, ana you VIII force Germany, the
Leading nation OF Europe IN that respect,
10 remonetize sii,er, ana IL VIII place silver
along-side OF goio IN value as IL was before
we nave inns SILVER, and as American
statesmen II is our Guty TO adopt this meas
uie. we eanno' anora 10 s'ano mere As me
representatives. o! any one interest, or II
tnere De ou. one ln,eles, Ie' II oe 'he in.er,
es' o. .ne may i"iuei .nAI .ne rev. "o!o
anu siiT Es,,o a , ~. ";any. nu Oa 10
ssiue s,, III :; s. IL. ~ .;, y. ~
ca, sciu zen " " sner " Per
cent. IN .~ent! -nse .nen, snen tne
g,eat siiss. mines VI 1 o.0si .ers 9iscoser,
60, tne t1ius nsAin o.s'uI~e uoid
rose ana awe. ien' a! tnat ume. TOO
some nauons eleu 70 cemons.i1e SILVER.
AGAIN, on tne orscosSry Oh eoid In Csluor-
ma and Austrans gold vent down IN reia-