Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1877-10-19

SENATOR JONES' LONG Looked
FOR SILVER REPORT.
More Gold than Silver in
the World To-Day.
A Gigantic Land swiudle in Kansas.
tsrrciAL DIsrArcurs TO TIE Coin HnL
pA 1t Nxvs.l
A Gigantic Land Swindlc In Kansas.
Tho silver Report.


Tho silver Report.
WASHINGTON. October lS.-The Con-
gressional Monetary COMMISSIONER re-
- .....,,o, ,o.d.v In the Senate.
port Ps 90 49,.
makes q volume Oh zvv pages
elaborate discussion OF the question. They
..v Tho world has oxpended 4 vast amount
.,.s-, n. a.. ,-oda.,,or q, ,ha nreciop,
o' iaoo' ~ ---
metals, and has made great saerinces IN
unfolding tho authority Of the metallic
.,.,em ~ money. and has 4 right to insist
-. ,-w ~ ....,.,.,,,v IA, .lon. N
'hA' " shAi w
work out Its own conclusion or INA. i'oe
abandoned. The legal right OF the United
States to pay Its bonds In gold or silver at
Its option Is so clear that no serious denial
OF II Is made. The claim thai thcy shouid
be paid only In gold Ii placed In vague and
shadowy grounds. There IL no dispute about
the facts OF the case or the law. A contract
has been entered INTO between the govern
ment anil its creditors. involving contin.
gencies which may favor either party anu
both parties must abide the Issue, what
ever II may be. II would be beneath the
dignity Of the government 10 demand any
Advantages which tho Law and the contract
made under II do not confer. II would be
A violation Of Justice and . betrayal Of the
great interests contided to Its charge 70 ac-
cept anything less. Thu government Is
the agent and not the principal nma
trustee Of the nation and ma the
charter and guide for The administrator
Of tho affairs entrusted TO 1t In law and not
In sentimental emotions. The attempt to
brighten the government from exercising
It's nndoubted right TO pay Its bonds
In the cheaper metal by proclaim
ing that II 1t DOES 30 lis honor
will lie furnished and Its credit impaired,
N home and abroad IL unworthy Of con.
sideration. The punctual fulhllment TO
tbe letter Of ali obligations il the surest
AMI best support Of the credit OF any
country Ia honor can rest permanently
~ 49,: .nJ vsr onlv On tho patriotism Of
III rsonis which h. sure 10 be weakened
~ ,h.,r sni,.,stsnc h. ts.ej 10 nav premi-
nms for ths applAuse of lis creditors. The
limited state. Ia the only nation that has
never made default In It's promises. II has
never failed 10 meet punctually and fully
ali TIA obligations. We arc largely debtors
of Europe, q relation we do not occupy
toward any other quarter of the globe. The
aggrcgatc Of our Indebtedness, public aud
c-osnop,te HE'LL here .cxceeds 81, 0OO, OO0, 900
anil IA nm any c~omputation an immense
snm ~ n Il taken Al 5000. OOO. 900 tho
.nnn., -in,c,cs, mnst bc fully $1,000 o 600.
This !. ,i,s min,mnm Of orr rent estImstes.
I, 4. moi . triLnte In the odiou sense Of a
contribution eYaeted by A sovereign or
imposed by A but In Ia pres
emf financial effects Il does not differ from
si,her' and there never has been any
r. s".., a, a. ,rna - N donhtIss. h IN
soma sS,cn, ,hst onr indebtedness 10
r Sm = n.iJ tom ,lo ala N com.
modi,iss si.awberc. tbe limited States AZ a
,,ah,or conntry h. interested sr.inst spcb A
J%iminution 81 The worlds measure Of
values As would result from the demonetiz-
inc M silver. and ought 20. through the
wciybt ~ H. eYample and influence work
.[c,ins, n Investigation shows that The
nsa,,n., ~ ,ho lie Ion,nz. tbus FAR has
pot asessisd s55 Zoo OOO dnrinr the fonr
80 ~ n, bas haen worLcJ. making an
anna, svsr.co nj ,bout sia.OOO'Ooo of
~hish AZ ,sr ccnt, was rold. leaving for
an srer.yr animal nroduct OF silver from
III "ro SoJv 4 fraction over s7. o 600
1.s,o. u, ~. r,;nss M ,hs Comstock IoJo
.s . nsi,n ,I,o .i,,oon YEAR, of mn.
@ss.ner u"' ;,w H. mininr .s.,.,s5
precouehpcu A."',s! .nn o~ass,,i
ny mJ "o noos vol a,.cover.d
neeAu.oA. APp sor,j sono twaiso
ue,u nav ~. ,,hioh h.va x;aIdsd
.i,o.s,hor ,hout 500. oOo.OOO. or an an.
nn.i AVERAGE Of si5. OOO, 900. Of which i7t
per cent. or s!,l2o,ooo, was gold leaving
si,sio,u1 as 'he aVerngo Annn,. p,vu ~.
s,.,s ~ Nsr.a, ma, been collected only
for six years, ending December 81, 1876.
During this period tho average annual
produe, was siy;oV ~. sSs ooo 600 IN.