Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1877-12-26
TERMS-S2 per annum in Advance.
NEW SERIES--V0L. l8, NO. 81.

ful consideration, concluded that 25.s grains o
standard gold constituting tho gold dollar shoult
be declared tho money unit or metallic represen
tative ofthe dollar Of account.
Again, he said
Section 10 re-enacts the provisions Of existing
laws defining the silver coins and their weights
respectively, except In relation to the silver dol
lar, which Is reduced In weight from 4l2l to 3si
grains thus making it,
! am giving you the language .ad
dressed TO the House Of Representa-
tivcs by the man who is charged with
having obtained legislation extinguish
ing the dollar OF 4l2l grains withou,
tho knowledge Of the House
Thus making II a subsidiary coin in harmon,
with the silver coins Of less denomination to 50.
cure its concurrent circulation with them. Th,
silver dollar Of 4i2i grains, by reason Of It's bull
lion or intrinsic value being greater than Its no.
nnal value, long since ceased to be coin Of cir.
oulaion, and is melted by Manufacturers Of silver
ware. II docs not circulate now in commercial
transactions with any country.
Here, sir, he discussed the silver dol.
lar with the bill before him told the
House just exactly where it had been
placed in all the twelve prints of that
bill and the gentleman from Pennsyl-
vania upon the committee who report
ed the bill in the first place, and turn.
led II over to my then colleague to be
managed in the House, mean Rep
resentative of one of the Philadelphia
districts, the Oldest member of the
present House. Mr.. Kelley]-called
attention to the same fact, and said
that he wanted to 20 further than that
bill said that he wanted to follow the
example of England and make the gold
dollar, as in England, the absolute and
only unit. will read what that gen.
tleman said
This bill Ia mere codiheaton. There are one
or two things In this bill, will say to the gem
tleman from New York, with his permission, which
personally would like to modify th is to say,
| would like to follow the example Of England,
and make wide difference between our silver
and gold coinage. But as | was charged with a
bill that looked only to the codiGeation Of the
mint laws, or mainly that did not feel It well
ideas. / wonld have liked to have made the gold
dollar uniform with the French system Of weights,
taking the gramme as the unit | have express
cd myself very earnestly on that subject, but /
did dot feel that l could impress my personal
views on q general law and, therefor, preferred,
as introduced yesterday a resolution touching
the silver coin, to have this question come up as
an Independent question.
Mr.. Beck. Will the Senator from
Massachusetts allow me to say word ?
The Senator from Massachusetts, will
recollect that have not said q word
about the history of the demonctizing
bill, except in response to questions
from the Senator from Iowa. When he
asked me certain questions, | answered
them according to my recollection Of
the record but when the silver bill
comes up hope to be able to show by
the record that the bill as passed never
was read In the House and that the
gentleman having charge oft distinctly
avowed that il made no change in the
law. Now, will the Senator from
Massachusetts, answer me who that
distinguished gentleman was that he
referred to as some Englisbman who
had taken part in this bill and who
was opposed TO this tbing2
Mr.. Dawes. The distinguished Eng
lishman to whom ] referred, who was
charged with having come over here
to do precisely the opposite of what he
did, was Ernest Seyd.
Mr.. Beck observe, il the gentle
man will allow me, that on the 9th
day OF April, 1872, when the bill was
read up to its sixth section and laid
aside and never taken up again, the
gentleman from Massachusetts, Mr..
Hooper, remarked
The bill was prepared two years ago, and has
been submitted to careful and deliberate examina-
tion. II has the approval Of nearly all the Mint
experts Of the country, and the sanction Of the
Secretary Of the Treasury. Mr.. Ernest seyd, Of
London, a distinguished writer, who has given
great attention to the subject Of Mints and coinage
after examing the first draught Of the bill, fur
nished many valuable suggestions which have
been incorporated 10 this bill.
suppose he is the same person.
Mr.. Dawes. There is no doubt about
that fact but that does not quite go TO
the point that he approved OF the de
monetization cf the silver dollar in
face Of the fact that he was at the same
time earnestly, openly, publicly pro.
testing and urging against it.
Mr.. President, my desire was to
show TO the Senate that this bill in the
beginning and throughout all its stages
was intended to demonetize the silver
dollar that the discussion OF the ques-
tion of the silver dollar in the bill and
what the bill provided in respect to the
silver dollar was open, free. Another
member of the same committee, from
Michigan, whose name has now escaped
me, called attention more explicitly
than either OF these members to the
actual condition of the silver dollar in
that bill.
Mr.. Beck Mr. Stoughton.
Mr., Dawes. Mr. Stoughton. Now
IL is true, Mr.. President, that after
this discussion TO which have alluded,
upon the next day a substitute with
the sanction of the committee was
offered by my then colleague and that
passed without being read;
Mr. Beck Not the next day six
weeks aftcrward.
Mr. Dawes. The next day that the
bill was under discussion the bill was
recommittod to the committee and it
was brought back from the committee I;
and on the very day on which il was
brought back, just at the close OF the
session, it was brought back as sub
stitute for the original bill, and the
difference between the substitute and
original bill was just this The sub
sidiary dollar of 3si grains was left
out of the bill which Iinally passed.
The old dollar of 4l2l grains was never
in the bill, unless | have been misin.
formed and have examined the records
to no purpose The reasons for the
design of the bill to oxtinguish that old
dollar were given whether sound or
not ! am not going to trespass further
on the indulgence Of the Senator from
Pennsylvania to discuss for moment ;
but the reasons were given. Every
body that cared TO listen to the bill
knew that il the bill passed in that
shape the old dollar Of il2l grains
would cease to exist When the bill
came back the committee thought that