, 1877-01-08
THE SILVER COMMISSION.
Senator JoncA' Views on tho Work OF tho
Commission nntt tic Prospects OF the pas-
sage If tlc Silver Illll.

Senator Joncl' Views on tho Work OF tho
Commission nnd tic Prospects of The Pas
sage IF tltc Silver Hill.
NJ" lIork 3'rfbant. ian. s.
Senator .Jnnes, OF Nevada, ilaa heea IN tnie
shy for day or two on pr'yatG bu:ness 1lf,. "a
porter, tue Scnatnr expressed hlmIsclf sliistan.
italy rs fnllowA In rcgard to thc Silver b!li anu
the Silver COnlsptssnn: lilo did nut anticipate,
he said, that the Commission wo;'lI be aole to
They were waiting for Information from abroad
which would !,u furnished in alsTcr 70 tic
questions addressed By tho Secretary OF stntc,
rnA at the request Of the Corp1nls.ion, to for-
laws tn any changes contemplated, and In fact
to everything appcrtantnE tonetalttc currency;
also tic report Of THO Investigations an the
metallic resources Of the pariflc Slope, had not
that Tits report would nc more trustworthy and
complete tlian that OF tho British Commission.
Thus matters stood In regard to thu Commits
sion. lie could not say anything about the ST.
yer bill before the Financial Cotnmittce, Of the
would report laEurably upoo IL, With m amend,
tnent limiting lis force aid making silver: legal
tender for SEQ OF 80. He hnpcd thc bill in that
shnpo would not pass. Ho dld not like t.; vo!t; !;
npon vat et he ssfsa ae ~n a
need need Of tho country was a b.mcta'liis
standard. and that system would surely
prevail In the end, even II II were
defeated nt present, Tie more prom,
~ Il. financial tinlsr,s throughout the world
:; . :. ::!.y b coming convinced Of the COT
rcc.... > Ut the theory. Moreover, nlnc.tentl'a
Of the people were III Eayor Of tho silver, par
ticllasiy III the Wcat. 1t nsust l'e adopted sonf
time. Tho paralysis Of industry W?u}l compel
1t. Business was Increasing, In THO world, ant
tho production Of gold was decfcaslpg::, Thi
nations would bo forced to use silver" Wnult
it not be wiser for tho United States to lay In
| eupnlv Of the required metal before the dcHlant
created By tho resumption OF Austria. Italy, ant
other countries On the bns!s Of double stand
ar.l should rasc tho value OF tho silver do!la
above part Moreover, It seemed to him iha
resumption should take p!ntc u,on the tasi
prevailing when suspension took plarc. 1t VA
q matter Ut sDnle interest TO observe lloW tn
views Of certain Representatives from the Wes
Intercourse with thclr constituents Ind lad
soltrning effect, and the opposition was NOS
mich mitder.
Tic Senator sn1d tho words "1ob" mn
| "plot" werc used, aa 4 matter pt course, aEans
The advocates uf tho bl-mctallle basis by its or
moments. It was tho fashion, nowadays, to a.
cllsc every ono who did not n.rcc vii
| YOU Of laYIn9 "Iob.n Tho co,lrsc Vi the al
Yoca:-s OF tho tloublo standard had been opct
md certainly as far ns he was concerned q mat
ter of principle. lie was niucl, lefs tnfcrestt
| III silver nl!ucs than hc waa In gold. He lIa}
pcncl to know, also. that numbers of prom
nctlt mcn, silver miners, were In hopes tho pro
cct would not succeed. II nm eager lHarkG
had been MI the promDtcrs Of the blu wante!
why lla. they opposed all tho subsidiary col
bilfs and tho likct To have nidcd in tho pasaae
Of thcac bills would hayc been to their lnteres
vet he Ind alwnys OppOscd them.