New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-09-08

a TEw OBJECTIONS To- nf- virN- PLAINLY .r'riD.
T. me Edttor 81 me TrtoHH>
SIR: DO not agree with Thulow Weed m
his opinions tc silver question. let STATE ny otrs
lions plainly
Ithipe he D. mistaken wlau be- savs 'hatr tfc see-
re;ary Of bee Treasury should tender pawn Ola lrnt
contracted be- fore SIZE law Of l-73 u silver ,ni to- creed.
itor cps-d it, The qIosiiol. carried thc supreme
Court ~ tut United states. Would he drc i bon ffu. q
Ile Government. tle ground that Cou-i.- has
10 power iuplr the obligation of the CONTRACT The
supreme Court would undoubtedly drclr Ooluu.l. ts
opinion fu tho eg-;rrdsr cisel tIat the fir of
the Treasury 40. required by law % uay n currency
that was legatrnd-r 20 the tine the payment SD. ue
IT, Tie "a I-idar, principle Is nili loafue of
O nono-metiilc cartoary. IT, circulation ~ silver
change issued only by Jho Government. 3D. Imn'l
quantities j. part - policy calculated 10 dehsa
the currency" bat the ryer-c.
III The latin Gorrrun not ,nsift thar double
standard j. announcement aud seroud t Auersa rto-
dnres too much silver" The Latin Uuiog formed
for the purpose %, preserving the double standard Toe
nations which compose foresav that concert ~ acton
amone them ncce-sarr. or mouonett.'i-u would
triumph 10 ECgupe sui force them 10 c.su. their
policy Events which have occurred since ts formation
OF the Latin Union have forced ihe nations Rhi
pose H. against their VIII and o. ticm.cyo, from
great Joss. To- adopt temporarily SINGLE STANDARD by
srctug the coinage OF silver; bat thr LItn ua'i1nt
st double standard nations u Theory. aud Ist t4-i
al ihe world shall ldort their policy
" Gold aui silver us-t money h.-o-o any
lave were passed fixing tlcir vaiue. Their vaie ea.
not depend upon the action of government. h4- fs
The amour, " .bog Necessary ro prodac- c. l, ffo
estination en- wticl they are Eeid bY ml1AnA
V The "mnts under tIe direction of Congress" c.u
uo more "make tie -ld -1d silver dollar of rIf.i
intrinsic value" t,au tines mfsa r1.t ADD i..f 90
euua Intrinsic sale values dI ~, q. pei oa i.g 81,
tiOu.
The fara,y To- tir whole p o, reasoning flUsaal y
MI Weei is CO., "a Hre fo r'roraz. Ihe'fr.t.n lflt
truth that go lind. ccrreno whether lud
or gold aad paper cannot D DC % cir,asfe oil hf
side unless hef .Nc.i y tlc -asi" saa, tud fil.
40 mean. hl- vct hc-n d-c1trr.t % utke tE ratio t.
tween to- vaae, o. gold ait siivr p.rHs n.Gr Vi.t
that discovery b. male. Ouf of See metal. HI sage
cuaie 10 the exclusion % tlc utIer. iu -,, o all
Tie depreciation OF suye. E noe tlr u.uIt
o.. the Act of Congress Of l--3, uor OF aur
,susr Ger wtch tne G0vrrni 100 az rr
United si4ts can haye any control rpeal ~ %. Ar
Of -9S r .t ,eInnogary cianr fh, inar-t ts...o Boz
tween tie scs ef gold st sis 60 hgt iifr- ts-
deucr ta' d, would nuikc 10 90 TO- ID. 10 I1ia o. D..
the raiio becsne to TO- ANA remained there s,rr si.
gold might circulate iu lii, country hl; GOA vurld
circulate in FraHce ans OF she Lttu ustion. But
IL VIZ can hvc only actual standard. SOLD a.,
chosen because the Of available iog thr pni..s
% currency greater value. pr,agruor orc IL
greater ylue aad IL Is tha metal usod b. thc astnns
WITH vheh ch ety deal ".
Washington. D. C., Aux - 1877.