The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1878-01-31

| of the whole proceedings III IeBaIu w ~
| remember it. ~
MIR. Hoar-Not in any step Of that
kind, and my votes and speeches show
the position took. have not thought
IL expedient, when all but one or two
States had passed from the control ol the
Republican party, TO continue mere emp
ty and impotent menace In the interest
of any personal ambition or candidates.
for high office.
Mr.. President, there is another posi-
BILE thing which should not be ready
10 do TO accomplish any political Object,
however desirable, and that is to have
made such speech, appealing to such
sentiments and to such passions, aa the
Senator from Maine took occasion to
make upon this floor in presenting the
statue of its honored citizen. He knew
chat the applause and smiles and Sfqui-
egcence which he was to obtain rom
the attack on Massachusetts he was
To get from men who dislike her,
not in consequence of any want OF
natriotism in the war of 1872, but
In consequence of her recent loyalty
and service to the freedom of the human
race on one side, and the honest and pure
administration of this Government on
the other. Now, for the sake of bringing
about any political Consummatlon, l
should not be prepared to do a thing like
that,
The Vice President-The question is,
will the Senate agree to the resolulonY
Mr.. Blaine One word simply. The
senior Senator from Massachusetts
TDawes1 spoke of the great surprise he
ielt at my remarks. took occasion yes.
terday to notify both Senators that in
the presentation Of Governor Kings
statue to-day, / should be compelled to
narrate those portions ofhis history that
brought him in conflict with Massa-
chusetts and to speak my mind plainly
in regard thereto. / did not desire to
take the gentlemen by surprise, and |
gave them full notice.
Mr.. DaWes-It is due to the Senator
from Maine to say that he served such
notices as that on both Senators from
Massachusetts,, but we did not dream
that the Senator from Maine was capable
on an occasion like this, of falling into
the line of remark which he did, He
sought the records Of Massachusetts most
diligently to find what there was posi-.
BILE in the treatment of Maine or the dis
tinguished person in question to justify
any alluson to Massachusetts, otherwise
than in the feeling which Massachusetts
ever attributes to her daughter, and
therefore it was that l expressed most
sincere surprise at the time and temper
and character of the address delivered
to-day, Notwithstanding the Senator had
told me that he would make some allu-
sion to Massachusetts.
The resolution offered by Mr.. Hamil.
ton, accepting the statue, was then agreed
to, and the Senate went into executive
session, and when the doors reopened
SENATE.
Washington, Jan. 23.-The Senate re-
sumed consideration of unfinished busi-
ness.
The resolution of Mr.. Matthews to pay
interest and principal of bonds in silver
was then taken up, and Mr.. CoCRerell re-
sumed his remarks fayoring the resolu-
ton.
Mr.. CoCkerell argued that silver was
still legal tender coin of the U. s. Gus
tom regulations of 1874 provided that
silver dollars, though no longer coined
or issued, were receivable for duties on
imports in unlimited sums, and subsid.
iary silver coin was receivable to the ex-
tent of five dollars. Mr.. Conant, late as
sistant Secretary Of the Treasury, in a
letter directed in 1875 10 the Surveyor of |
Customs of st. Louis, stated that silver |
dollars were receivable for duties on i'm.
ports to an unlimited extent, Thus the |
government officials proclaimed the sill |
yer as a legal tender. He argued that |
knew that the dollar named |
in his bond meant the silver coin of4l23
gains, or the gold coin of 25 $40 grains.
Silver dollars practically had been as
much in circulation as money since 1861 |
as gold. Neither metal had been aCtu'
ally used as money in the business Of the |
since that time.
Mr.. CoCkerell then quoted extensively |
from statistics, showing the coinage Of
gold and silver, and called particular at
,ention to the following figures The |
coinage of the silver dollar in 1868 was |
S54, 800; in 1869, 1921 $50; in 1870, $685.
3O8; in 1871, 1857 900; in 1872, 81, 112,96l, |
and in 1873, up to the time silver was de-
the coinage amounted to
S977, LOS. Had the coinage been contin.
led that year, it would have amounted
20 $l,571 ,102. These facts were not mere
They showed the rapid and
wonderful increase ofsilver coinage. The
yold coinage in 1851 was $40, $50; in 1869
IS, 1926; in 1870, SO 1886; in 1871, $3 940; in
872, S 1880, in 1873, $2,525; in 1874, 1928.
go, and in 1875 it fell to the enormous
um of 500.
Mr.. Bayard inquired of the Senator if,
n preparing his table, he had not count
ID each piece of silver coined as a dollar
Did not the tables show that the value of
,old coined was five times as much as
nat of silver
Mr.. CoCkerell replied that his tables
we're correct. He knew that assertions
lad been published in the news.
,apers, and made in speeches, and went
orth as facts, though they were not true.
The Government officials had falsified
acts. He then argued that all subsid-
ary silver coined prior to the act of April
ct, 1858, was a full legal tender for all
lebts, public ana private. Prior to that
late the half dollars, quarter dollars, ten
md FIVE cent pieces were proportionately
# the same value as the silver dollar of
124 grains. All subsidiary coin issued
,rior to the act of April 1st, 1858, was to.
lay vested with unlimited legal tender
,ower, and the government must receive
uch coin in payment of all customs and
lues.
Mr.. Bayard said the Senator would rec.
,llect that in 1858, when 6.7l0 grains
we're taken out of every half dollar be-
ause they could not be kept in the coun-
ry. They were swept out of this count.
y, where they were undervalued, and
vent to other countries where they were
valued.
Mr.. Gockrell said in the western coun.