The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1877-02-10

apr, 50. asa. the exports |
..u {.I'i Stai.- exceeded tie I
...t. az Sl3J,2Is Ip2, but our |
.f. ..r5lde $40 dSa, G2i Of specie (
.rt,Hu ,u excess Of imports OF the I
. ..uuoi lies. For the six
.I. OF t.a pT,.sel fiscal year.
... ..e i-t Of JJly, 1876, TO
....... 3. 1871, the excess Of exports
.... .u..-t- amounted to Sl37, 5i4 S69
....l. imports %, specie tnd bullion
......i IUs exports OF the precious
u. Ia; in the same time
....t. excess ui experts over iu-
.. ... .ue -iN months, exclusive of
t.t uIiiou, amounted "a SilS,-
chewing, tIr the time being,
..... uala'i1p oi specie sud bullion
.. ... ..ur Try amount TO more
..BHvp Iva addition, the VA
...... .,-yt Of these metals for the
...... rh,w a total increase af
. ... - iFsr Tor the six months not
........ .f 1908, 600 10 l. very evil
......| uui,s- tins great increase OF
......U- metals can hc utilized at
...... .r such a way A. n make Il in
4Uu"rr rrmuuerstive 10 the
...... Do must seek a foreign market
....I az would any other product
... ... -.Il ur the mAuufactory ANY
......u which will keep coin and
.."..nar home viii, in my Judgment.
... .lpg about practical resumption,
..##| cause ihr coin Of the country
......mF o. circulating medium, thus
...U.. a healthy imitation OF
-.U.i currency, to the great
.....4a uf every legitimate
.... interest. The act to
...Hr rr the resumption Of specie
.....t-. ag,hurilsd the Secretary of
... .....sry rl issue bonds of either of
... ..f.Hruu- named IN the net OF
...r.--, al y owed July 1, 1870, en-
...... IAN act 10 authorize the refund
... 90 the national debt for not less
.... ut- boo gul1n With the present
.... af the four-and-a-half per cent.
....- b. IuD markets OF the world
.r aid be exchanged at par for
.... f.u- strengthening the treasury
...... llHi resumption and TO keep
. Haut-+ 90 coin over the demand,
...E it- permanent use as a circu-
...r medium. ~ home. All that
.... further be required would be TO
rU... thr volume OF legal tender
....- .u circulation. To accomplish
Oils D would suggest au act authorizing
t.. secretary Of the Treasury 10 issue
..r ger CeuL bonds, with fuTty years
. l.. before maturity, and 10 b ex-
U...r.I tor legal tender notes when
ever rre.euted ia sums OF fifty Gollars,
.. sry multiplier OF the whole
.... ..f n' such bonds, however, not to
.....f Que hundred and fifty million
...a... TO increase the home de-
.. 'ur such tonds, | would
U...uugud that they be available for
... ,l tic United States treasury
DR. ..hiUg purposes, under the va
...- HruE.-iIu- % law relating to ma
.... tanks. / would suggest further
f... .-..uual banks toe required to re-
f...H certain per ceut. al the coin in
f..-.. received 10y them from the bonds
.Y....yi nith the treasury to secure
f...r incubation. would also recon-.
u".. she repeal Of the third section OF
ia. H.u- resolution. tor the iseue of sil
r.I .0u, approved July -, 1916, limit
.. ... "uusitiary coin aud fractional
.E.u.. % my million dollars am
i.i That u Congress will enact
l" such law ~ viii acsom p!ish the
H.I suggested. they will give relief
@. OBJ. country Instant in it, effect and
.- WATCH they will receive the graft.
' .' .atf NhA'tf ftfk'tf-
..-rrI q = GRANT.
...tyo Mansion, Feb S, 1871.
Ius message Of the President was re-
rrryd to the committee on ways aud
means.
Recess until 10 =. m. Monday
5 number Of bills of private CHAR.
ae.sr were reported ffom various com
mIIee-, aud placed on the calender.
>sua;r The postoiilee bill was re
ported aud went over without action.
AppTopriates a quarter Of q million
dollars 10 eba6ie the postmaster gen
,fa, to obtain proper facilities from thu
great trunk rsilroads for postal railway
service.
no important business was trans
a,eljIring the evening hours. Recess,
UurdlUa. IN, Monday.