, 1877-01-31
q. This removal of ait restrictions upon The
coinnge of silver and gold.

z, Tbs removal of all restrictions upon the
coinnee Of silver and oo,d,
4. Thu ,o~r,;s,;,n :, .ho hanks >, ,s.ro
t,onk notaa ,1ol1,~ for ,o,,or nv ,Io ,,o,ds and
co;p ,,o,,oo;to3 viii, .,,o 1,-,oar-or
Thore Ia ,o,,;n, In o,,,,or ~ t,,oso rostr;c.
tions for which there csn DO any rpasonable
excuse urged. Tho rieh. 10 exchange green.
bucks for bonds was part Of tic original
scheme OF papcr money. md vaa only aban-
t1oned updcr the extreme exjcoucies of tho
War. The notos havo now reached that point
wlero they ARC equal in ynluo to tho silver
dollar, md 10 necessity exists for their con-
tins1anco, unless NO afo to permanently pro-
l,ibit tho use OF coin or Of bauk notes al-
together. Silver is peculiarly an American
production, and has always been m Amcri-
can coin, aud waa lcgal-tender from the
earliest American coinage down 10 tho ditto
Of tho ill.atiyisekl act of decentralization In
1873. At present the coinage Of Anaoricnn
dollars ia stopped, md no silver can bo
coined except on account Of tho Govern
ment. Congress- should readjust tho rela-
tivo weights of tho gold and silver dollars.
mike them both, ns pr,or to 1879 .hey had
AHAfH UEGUa 40k0l.t4QHefYs Hnu Hll0W my
porson having silyor in any form to tako II to
tho Mint aud Laye it coiuet1. Tho antf.s;lver
restriction is against public nolicy. and is a
discrimination against grcat production nj.
most cxcl,,sivcly American.
Durfno thu civ;1 wor. vben our not;or.t
,,onda wero on1v worth nsr and ,ntorost II,
crconhacta. tho Inv roon;rot] n ,1on,a,t ~
e1oo IN bonds for coc,, sno ~ ha,,L c;ror1,-
t;on Now tho honda ,ro uor,l sin 10
%1,3 md tho hanks ,,orc n .cen a donos;t
Of 1epa1.ten.1era in Inn Freaanrv eonn' IN Il
mar cont of tho;r c;rcnto,;or T,l,a ra.,,,. i.
lint the hanks hava an ovcrooo ,1onosit ri
s11a for each agr, of cn,rcrcv No, % ,ho
1,onka bo rcnn;rca to ro3oo,n THAR uotoa T.,
co;n. NJ thev s],ould hc. t,cv ouoht at 1cost
IN bo at1owci n circulation cnua, to ,ho nor
yo,uo Of Tho bonJs t1enos;tc1 lv thon, and
a1so of Tho coir n1nced I,v thon IN iho Trcaa.
nrv tn relccm thcir notes. Tin nrcaent
roine of tho 1,on;1a Ia a orro,er aocrr;tv for
tha rcJomp.,on of stoo IN 1,orl ro,oa tbo,
was tbo t,anos;t of ann IN houaa for t}o
rcf,emnt;on IT soo in cnrroncv w1,cr tbo
pon1;;n0 INV. f}ftecn raora aoo VIVA onactod
With frco coinaoo of silver will, tbe ban,.r
anthorizcd tn issno notcs ooual in amonnt In
tbo co;p ond mr. vn1ne of tho ,,on,]a t1onos;to1
hv thom. with tin oDerona rei,cro1 to1 nm
oan;t,l ,,a dono.;,, ror,,uoa a., 1,o,,..
.a,,1 .:,h.,,. ,1:ns..,,..,
md maintain Hpccio paymenta in n verv
short time, The Government, however.
! refuses to hermit silver to 10 coined whi1o
silver Ii, orc and in lar Is vorehoused nt tho
m;ncs, md productiou ,,art;altv orrcatcd, tho
Government refuses permission to hayo Il
coined In this country. md conncls ;ts
TRANSPORTATION elsewhere, with tho now nh.
iecuess restriction upon coina1c removed.
this country could readily absorb a15t). mn :.
o0O OF silver coin, md ousblo tho hanks to
ma;ntajn specie RESUMPTION Of their circulo.
ton without any difficulty. Tho Dank of
England is permitted to issue about $40. .ooo..
o00 Of ;ts notcs ,,non tho security ~ nr;t,.1,