, 1877-01-22

into M execution. i,aTo the honor to he: ss. your
most ooedlcnt servant, j. ALLAnp.
PROPOSITION TO the GOVERNMENT or THE
UNITED STATES.
norAt MET, pnvsssI., t1ee , 81, is7gEAf' H. r
Il. Iinaefnan. thc .!iser coinage of the Entsd 81
States for Angas snd ssptcmhcr far efeseded NJ,
.'s ~ ms sa sfsf & s &c y
year Wills Tho highest coinage reached Up to That
ae @ to o r., a. ony
N, o77, lit. in order to meet th!s heavy consge
hc unted States hare been forged to eay stl.sr n
il Europe leFc Is ne .aefieee: Thess s!lser 81
ae1s coming on maske' n as'a1 s sssS z
ssg,,,ariy Ind poorly ,npp1Ied, these sudden q.
DER s.u.e tse In psiee', o. 1s a a nhce
serions inconycnencc: That ihis momentaIJ
~ he eeet o IT. s.hetns Ssn '|sef tSe n2d11 to s
Price prce Of ihs metal At ono t|ms thcro oraert.
G9i meis na e Int u no eH1 fnrthes oraers THAT Which
mention here has actually taken plscc only fey
rs snes and j. onT Eon 70 ganse ahs un a.
reasonable fluctuations which took place tn De-
Gambler. 49, -
This stato OF things touchcs tho interests Of tbs
Government of tho United ssutes in two waJs:
First a. huyer and consumer Of s'xet u pays
ses WITH II hef minos a. grcat M dsorder thrown into al
commercial transactions payable In TINT metal.
and meney nds less employment a' these Fa"'ae'
1heis Heys.hss;, ss.y s'mne ode rssy t.
eets. would be certain It least 70 paiiIsie IT, per.
niclons effects. 1t's tl.ls remedy that ! desire to
Gai,sa ssae: !; tsat: 1sInf iSf il th',ty ,sss ,
the preeior Of she Do'gsn M,n. IT., n a., fns on'y
have established IN Brussels. Paris. and Lynson.
hns solely con.ccrated himfelf during thls ting tn
md selling ot Eold and .lver Ii Eafove, aad aIn
ahle y son:eaaenss' to 5aaso exactly Of The po'I
CAUSE or TIE EvIt~
In Tho notes drnwn up " ne, snd which tho
belgian Goycsnmcnt transmitted t1 his Exccllrncy
Silver com.1t;sion. have clearly Ibid down lhs
Ens3e'' Earope fos moe an saa trec
tnry, guild md silver hayo remained of the tams
relative ,aIue tue one .owar. r. ttn M o,her , hase
The cause must be attribute! t9 The law II Franco
ena ate, c n IL l. u ssn% , sna y swt
age, the possibility to coin these Two metals. In
giving them the relative value OF one to atteen and
a r. c e se, Ct w. rsna n' s
:'f44. 4f tranea the kllogranme ot ane gold con.
saIned sa the 20. ttane Eola eeins. remarked In
vof, regulating ths yalas Of tLo i've metals IN tho
that neither lilo great itcoser;e, Of silver IL ssi.
60 n ls44-'i6 nor The Immense seotertes Of gold
Gs y a1a d AZ. n9a ao e T. tss
equilibrium an,l 10 calaa tho fluctuations which VIC
lRve since seen, nothing more WAS ueetlcd Than the
modification Of tha law woul,I suffice to restore
caInness to tho silver market and to Ii OF tho
eoulcfaaultx to which 1t Is subected.
TIE REMEDY PROPOSED.
things mo1e res.oaate loas On th!s question vii
1.n t,t.,+t Al t+S u,.~in.
ment can BY smrlo acslon to 10 Taken iy IT, an
witch. without DOUBT ,s!ll eost IT nothing, ap.
sns o @ III Wntu ses VIZ Hare 10 e"n Ge.
sana?y 'aa a$aes. To- e ihs nss
spsetIou of the lielslan Government. to ean ior i
thu account Of tue American tlosesumrnt. at a
s.ol1arr, in slver, oi the weight md Gncncts iad
.inwn By 'lo American laws The moment it1s
Oh Sy !he ueitea State: IN ps1ns Il saet.
only "a! twenty: -four honr even below ths iimit
nKed. the Amrr!can loyernnent wouM have On
centfe of tho European MARKET sbsotGlnz sIlycs
fsr l. nader fesosaoio ron,Inions, whether II il
1srmany * on On th9 ens an 'hst y selIe or
rioposs conrl.,s r,piv IN ratis IN n Sfsonr psr as.
equilibrium between the value Of gold aid silver.
kfogra,ns Of ne silver Gecau.a the mtnts buy NJ
flat rrire To coin i've frnnc pieces. Neither cnn
,Ilsei tal! h.iow tho limit determincd oa BY tho
Will hayr plncei The means before lilo pnLlic VI
tunrertlng their silver intu dollars al lilo Drusss!s
nInt.
WHAT wOrLD NE GAINED mr. TnB riAN.
viii hardly he nrces.ary 70 point out tie inmc-
dia9e ADVANTAGES wl4'ch 'hc american toyctnnlrns
eheuld take. FtIhf, tltc equality thus brought Into
the state ot The silver fIarlrt VII! facilitate toro
t1s employment with lees dl44n.ruhc, and will re-
.nnate tllc tnaFkr, to tl'e E'sat advantage Of thu
Xstea ] The Eaiie Ias tstss s1 Mnts
Will be greatly asastrd III The hcasy rn!nnv npcsa-
,ien: y IL ,%o ee.,"tnsa n M
donbt heavier In tas United States ihan ~ BEL
Rlun,. whera hand lnor and coal nro fur rheaper.
wuull ho to ths advantage Of tho American tius.
mrnt. The Ie!slan Mlnt roln! moneys fur atlcr
Ss,as IT nn s nas e. ts I'D s a%sss s thu IT,
lur example. & has coined for switzerland.
sbss,s HsqUss' Esyp sy * ,'sx a1,,su, @ In r.
solSs il. a. s...taaco ' e forrisn tss ti",ura. re
.uta iecnera1iy IN voluntary ,nnnurri who d..
Is s sinsss d ~ 'sy' s .as sIssatx
p!oyea and sntiecte.l 10 The tu't tr.l* ~ i lie
soiiagc took pae: ior ti.s i!sislan money.: When
the mint co!ns 1'cl.iul ttscfsanc pieces II charges
eiud"s waste. .asen ffane. dtiy cen,tm:. fof sv.sy
&HHuHAnu 1E&uEtktflC O4+ - - lT1EhuF lhhL Hp'
theae lernls It viii bu easy u to arrange
ment With the Omitted btater tosernmchs.
The moneys srruck cunf0Taubfy w.th the laws of
tAe American Government would Lu tg!t!led
bsins confofm q. e. NJ The lrsaI .tandarI' by thu
olcsals u ths belgium :uscsnmeut, they would i.e
delivered on board at ilserpaol RH4 assnrcd. and
tho tutted States 5ftniscr 1t ttrutsvlA would pay
foftheM on delivery VI VI" folio~iny focunrnt.,
F4rsf-Tts certificate uf the officials vi tie lrl.
Ean Goyc1nMcnt ~ - the quality and quantity Of
the moneys delivered Oh buafl under double
seni.
Stco1d-The policy Of assurance ahG the Dill Ut
ladtn3. IN tie Aa,nu II tbs Amcrlcan Goycrnu'eht.
ADVANTAGES HksELT1N1 FAoN THIS p!:uiu5I-
TON.
tlrst, without expense On Its part, the American
Government would augment its production lor The
resumption Of .pscls pa5nsnts IN 1s7v second.
j "ou!d haxo all known guarantees. the eaase e'en
asH The silver had tsen cu,ied In ft1 own m!nts.
Iatd. u would steady the saiAs VI silver by para
!yzin1 any rxcess ii ths fl!I IN price. Fourth
%h,s this fabrication in Europe II going on II thu
nsSeH Mat Of dollars, or fractions OF dullafs. the
AmsE.ean Government could develop lts remit
tahtss VI tradu collars ~ India aud to China. 1t
Houid receive In retIrn merchandise which other:
fHHdt II ttHfA and