, 1877-01-19

leadership Of Senator SHERMAN, of Ohio, ia
making very serious mistake In its treat
ment Of the BLAND Silver bill recently passed
by the House. Tho 1fns1so bill, rs It passed,
Is simple rc-cnactncnt Of the bi.mctailic
standard as 1t existed In tllis country from
tho formation Of tho Government up to three
years ago, when tho coinage Of the silver
dollar WIS dropped almost snrrcptitio,lsly
and certainly without consulting tho aensi-
lncnt Of tho country. Tho fact itself TINT
tho American silver lollar had been abolished
was not known by tho people nntil Intention
WIN called to 1t some years. after by tile tcn,-
porary decline iu tho ynlto of silver; md
thon thcro was an immediate mud unaui-
lnous verdict TINT tho change was Gu
tirely unwarrautetl, and demand from
oil sides that tho silver dollar 10 restored to
itH old place. Congress coquetted with tho
ubteot at tho close Of tho last session. b,t
evincod the samo llcsitaucy and intlecislon
tlat it had manifested witt. reference tn all
othcr phnses OF tho ilunncial problem. lsut
during tho long recess tho popular doln:,ul
for tho old standard WIS expressed in hncll
emphatic mud nnu,;stakNhle terms tiat the
House hastenod to pass thu Necessary mcas-
ure upon reassenbling, Now Tho hitch Inns
come in tho Senate through tho Intervention
Of Mr.. loHN SHERMAN, who reports barls the
bill without recommendation. aslss that its
consideration shall be postponed until tho
Silver Commission shall l,nyo reported, md
gives notice that he will then offer s,,bst-
tntc virtually giving the silver dollar tic
sa,no status as tho Grecnback dollar, and only
that.
Now, we have no hesitation in saying tfat
Mr.. Jons SHERMAN las no right to nso his
position to impede The execution OF tho pop
ular will, expressed without regard to party,
nor to hinder clear act of Justice. lIa,l tho
House bill been i,aupcrel will, letaiIs n},o,t
tho 1os;rability Of which there might bo u
reasonable difference Ut opinion, This post
l'onerucnt might bu excused; hut. al tho l,i,l
merely restores the ols sIycr tIollar y!lct, it
wM,--that il, making it co.tunal with tho
gold dollar without prescribing tho extent
10 whiel. il slall be coined or giving 1t my
Uses 1t did not originally cnjoy, there sa,s bo
no reason in further delay, unless it bo de-
sire to ranace 10 the special interests OF
favored clasa Of boudAoldsrs. Unless Mr..
Jons SHERMAN wishes to paca himself IN
tho attitude Of lcg4ler in tho bond
loldcrs' iutorcsts, Aul commit himself to
tleir payment iu moro exclusive aud
temporarily more valuable currency than
they agreed to iako, le will abandon his prr.
~, 10y ~ - = 'As i'Aa"ho VI '"o ,'''
a.',. 49, ,se.>",s. '1a., >. '""s u'.s
w.. .s sa,. .as t". ~, a,. M ..:, ~ =" he''"o"
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"use' - a., ~" "'..'s'o'o' " oe eoA,
s"s '..'' s'4o a"''%''.1 - ',a.o''a ..
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~ a.. ~ '! 49, 10 ',se" wy ~ .ne "o'4"
'as. ~. a., 4A'e. A''o. a,s'on ~, - 10 s.s,oto
s .., :. ~ ,"' .''..u.5 " 'aa ."''e" s''A'es
,','e.s ~ ~ "s ~ ,,1o ea'sA 1to""ss'' ana
"ue'o s''o ..''y l;osa'p'e e,tuse 'of ius'net
a''s,e"e' " -" .''e'1ee"sso1o P"per currency
80 "s"'sus =. ~ ~ 1"'n !o4 etten'"'ns l,'s-