New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-11-13
ANC1rNr NJ OF SILVER.

LETTER FROM THUBLOw wlED-A BANKEE's sNEfR
AT fuE UsE OF SILVER As MoNEl-BIBLICAL
PROOF OF us EMPLOYMENT IL BUSINESS DEAL
INGs by THE ANCItNTS-PAYMENT or THE
UNITED srArfs BONDS IN COIN RIGHT-REMON-
FI,ZATlON NECESSARY.
To the razor or me Tribune.
SIR: Journals opposed to the remonetizing Of sill
yer. having exhausted the only legitimate grounds
of hostility seem to think that their purpose may
BE- served by rdculne the "Dollar Of our Fathers.
! confess surprise and regret i'm finding these flip
pant paragrapl,in leading and Influential journals
your own included. Probably. the suborduates
rather than the editors Of these journals ne 10 be
credited with the wisdom which dlsparases the
dollar of our Fathers Persons of mature age,
with average commou-scnse. Will tell Won That the
dollar 81 our Fathers" was also the dollar Of
graudfathcrs. OF our grcat-grandfalhers, Of their
eraudfathcrs and -graudfathers and that sill
Yer pieces were the currency of forefathcrs and
ancestors through every generation back and up to
Father Abraham-for which, Captain Cutie
would saw overhaul the Book of Genesis
Early in the present month convention Of bank
ers was held in this city. From that Intelligent body
OF experienced and practical tuauciers anticipated
an expression tayoriug resumption upon cOnsiitu-
tioual basis. As a result Of its deliberations, the
following resolution was adopted:
R,soiret 1uat. the opinion o TINS convention, silver
mon,N, d- subsidiary currency, Is desired by the
people ANA that Its aud enforced viii great
" aid In l storing the value Of our paper money"
Even this qualified concession from a convention
Of bankers seems to have been extortcd. The peo-
pie having with entire uuauimty ioylully welcomed
back silver currency the bankers gTacOus,y yield
u the use of subsidiary SILVER. provided that ITS
culanou is not enforced. Perhaps the people ought
to b, grateful for somuch. but we obtained and
enjoy subsidiary silver without their aid l. for one,
shall withhold the expression OF my thanlifuness.
Mr Hayes. a Detroit banker, who favored the
adoption Of TINS resolution, fortified bis own opinion
Of the voullesmess Of silver money by scrip
tural reference. as follows:
Mr. Havcs-in support of that resolution, said:
wish 20 read q paper clurOGyHg AN opinion on the
silver question Tar f. considerably Older we arc:
'ArI al tlc drinking vessels 90 King solomon were OF
god. and 900 to vessels O." t"e 40" % OF tno I"Ist OF
Lebanon we've Of pui gold none wore Of silver II was
not ANYTHING accounted Of I'D DE days OF solomon IL
Chronicles, *. o. AppauecJ
The scripturll wisdom Of the Detroit banker was
emphasized by applause, and the resolution
forthwith adopted. IN the Published proceeding,
Of the Bankers Convention, Mr.. Hayes's scriptITal
reference appear, 20 have been accepted as evidence
that i'm the day, OF solomon, silver rs money, wa
"uot ANYTHING accounted Of" The true reading of
the scTip,urh quotation shows that the drinking
vessel. iu the days of solomon were OF gold and
that for such and other ornamental purposes silver
was "not anything accounted OFF, but n viii be
seen. by the scrpturl authorities which follow,
that silver was " accounted OF /" q, money not only
i'm the days If Solomon, but during all the centuries
couiprc.oudcd M the Old and New Iostaments,
from Genesis To Revelations. Abraham's purchase
of burial place il thus recorded Genesis;
Chan Nxtii 18th and 1911 verses d" Ms Lord Lrars-
nuutY fnt the land is 00r four hundred srckr of
silver: what That hctw SO and Thee! bury t.erc-
fore fi, dead AMI Abraham hta1zcucd unto EpArun.
AMI Abraham weighed o. EpIrOu ihe silver which be
no ,,.,ed ia lie audience 81 the 50 sOf Heth, four
II ID Is, tkcls of silver current mo ~ with tnc mei-
chants"
silver therefore, as early after the Hood as we
have any account, was. according to the Book Of
Genesis. 90 current money with tho merchants"
Again in the xxth chapter Of Genesis, 18th verse
Aud unto Sarah he saIG, Behold, have given thy
brother "a thousand pieces Of silver" The story OF
Joseph, which furnishes further Scupturh evidence
OF the use of silver a money standard, pos
ses-cs, q value 80 very much higher that it cannot
BE- too often read. There is nothing 70 be found ~
the literature Of the world 10 compare in beauty Of
style. purity Of thought or perfection of language
with the graphic and tOnchingly narrated story o.
the yourh who was sold unto bondage by his
brethren aud became a ruler ia Egypt
can only now trdDscribe such passages as prove
that SILVER was the currency of the l,rleiltes and
the EuyBtiags. Genesis XXxyll., 2sth verse;
"and they drew and lifted up joseph ont Of the pit,
and sold Joseph 10 the Ishmaetes for twenty pieces
o. silver" Genesis Alv., 22d yersc, but " BcuIa-