, 1877-12-31

11AJ49TEAD TO TIE NATION
CINCINNATI, O., Dec. 222.-7so tbs Editor Of the
Eaton-Sm: have been refreshing ny COM
bativcucss By looking oyer rour article, 81 Why
the Decentralization Of stlvur DID Not Attract
Popular Attention"
The lcmoncttzationtof silver Is the joint prod.
uct Of section Of tho coinage regulations aud
u section Of tbs Revised statutcs,-neithcr pre-
ctsclv expressing the purpose, but together
jurEllngthe silver onslon array froia the people.
Allow mc to aay that the only discussion Of
the question WINS In speeches tllat no one heard
and In documents that nobody read. ! hare al
yertiscd In vaIu for d member Of Congress who
car say that TIC voted for the decentralization OF
silver, knowing when he cast Ills vote what II
meant. have appealed 10 the press for MI ct1-
itor4a article, published In the year 1373-i, for
OF against tue change from the double tu tho
singlu standard, ind the conclusion is that no
suell article appeared in shY American nrws-
paper. President Grant wroto letter six
mouths after he signed the act Of coinage rcgu
lation In 1871, ptoy'ug tint be did not know
wiat he Ind done.
silver. Senator Sherman Irctorted = bill for
that purpose June 0, 1eH. Senator Morgan, of
New York, nude tho conclusive report neatnst
tho I'LL that It WIS Increment to change tho
and TINT a country making such change should
be comparatively trea truu debt.
The decentralization Of silver TINT occurred
without public knowledge conclude did not
proceed from the people. md the Indebtedness,
public aud private, In the country was largely
Increased between 1SlS and IBID Tic fact that
tho attempt was openly made to take from
silver this otllco anI character Of money. and
that 1t failed, 5alsea the presumption that tho
notsclcss successful attempt five Scars later was
cuptrised to bo aeerck. ....
You quote DF, Lindennan to show that "thc
silver dollar had become obsolete, in fact.H In
tho first place, may bo permitted to say that
u., LtnIerman IL not good authority. llc has
dsparage silver u M0ney, and 10 invent cx.
cuscs for the change IN tie money standard
This does not At tt,ls distance, seem to bs a
necessary part OF the performance Of the duties
Ut hts ollct. LII tho setonlt plscc, tho Dort0F
knew enough 70 know that .|'< prt.o.es qf sifrfr
IN The afa,sdarti Was Of vast importance to the
American peoplc. Then sot'cc that when The
old dollar waa dropped, the traie-dol'aF was lt.-
sr,i stlver wa xorti. ios, and was irgai-
iar 1t III Rraius. uni llinit II :.
lawful money 10 ftYe-Iollar paymcntst
staar,l Of value.:.:ttat there should ee 20 law
iul silver n.onty. Ths pFetense that the dollar
VI 40 Eratlls waa wanted for the Chincse trade
was not tFuu. Ihe truue-lO1lRr was Invented
ulation by which the atIyes dollar was ahstrset-
ri from the Collage and tho money measure
changed.
Permit ms one more paragraph. You say:
But thea, 1t 10 said. tho Demonstration net waa
neesed" Il fnsr siivsr WIS eoing 10 ial,, aud
therefore detaru,ae 10 Ket 1t out Of the way ~
lsxal.tradsr for tic bensht " i9d oaaah1ldef*.
know
deaire to tell you how they could know
ilat how they must hare known. The Object
vi the money<hangtrs-the experts who Aati
IL. iks.+ xtf L..