Daily press and Dakotaian. [volume] (Yankton, Dakota Territory [S.D.]) 1875-1880, 1878-02-09
Saturday Evening, February ., 1879
THE SAVER QUESTION.

'"e s~seA VoestOM
u,....
xs,,... Tas.o o" 'ne rec
Z. ~
warrington, Feb. 7.-Blaine's speech in
tne senat to-day on the silver question
presented among others the following
PolnI;
oo!a ana silver coin are the money Of the
constitution. The organic law conferred no
PoWsr On congress TO declare hat either
shoulo not De money. Congress therefore
nus no power 70 demonetize silver any more
Y1sn sole OF man II nas 70 demonetize both.
-, 'n "ao ~ alver mas Deen demonetl.ed,
n aG "as ~ 'avol VI iemonetizing 1t; II ls
~ ha q - III. les.F'cteo, ne was IN favor
I've. r r"r. - n.a:seu oo1gIese mas exciu-
nl.ta ri vo,." kv'1 AUG sl!ver ana reg
mone,;zs s;,vsr nd ~ ".y sn u re-
nn;on rsonan ,,,a;s ne s.GSes o. .ne haIin
ann. 10 49,. .s .a,.. i;s, .tiveL "o9ia re-
I;svs. ths E,sanoaa no,s VII eo!ui ne De-
~ f,l, annan.. eaa 'n MLsM w,lloe orlven
nsce.s;ts 49,, ,ha;. :,a ...a .sey must .,
la h.lf - elise ~ asa- 80, Ma;uI y
sb.iI he comnellsJ y ~ T"e edo VI eT,a. lnen we
instead of the forma- s;rr.oea - -" .d lA'e r
We fail tn do this va .h.i nse ia.. " ~, que; ~
vh;oh Iii .aai- -" h:..a. 4oee vuI siloer,
| Hs&o,,I< ~.oh1o~ :, l.- --AI1p e.
III. P.oo''tu : ny" W es.aol.sn silver
sn 'u " opeIs.ion OF the european
po"els. =. We CON : SILVER oo!lar below
.ne Iulisn' vai1e Vi soid We invite Europe
o.IAe uui so.o rom us, VIII iorce US 70 the
a:1s Ivy. sahsei s'Hul.1u anu crlPPie our reia-
ions WIN .ne ieaulug commercial countries.
~ .ns !lesen. conol!ione. at the current
ia..s " s.lvsr, 'ne !lee colnage OF a dollar
coneainlng siza kraias glves an il!egltimate
prom % me owner OF bullion, which would
9e,!auo tne man VINO IL forced to take the
ooiiats. ~ assureoly 1oilows that the free
Coinage anu cllculatlon OF TINS inferior dol
lar mus! De a. tne expense OF our gold coin
age, Whicn Will HOW out With the certainty
ana reslstless force OF the tides. What gain
therefore. would We make in the circulating
medium II on openinsa gate for silver To
how IN We open a wider gate for gold to flow
out? Until Europe remonetizes We cannot
afford to coin a dollar as low a. 425 grains
After Europe remonetizes on the old stand
ard We cannot afford to coin a dollar above
4l2a! grains, because if We do the silver viii
leave US.
Mr.. Blaine argued the public i%pjustic,
and private wrong of making a debased sill
yer standard, which must inevitably fix
lower standard for our paper money. H
SA5SN esA'Ss a0ko1u W suV AuSGIeSt VI III
public creditor. which is indossolubl.
bound up with the interest of the who'll
people. The evil We might infict upol
him by paying An inferior dollar would re
coil with q vengeance as manifold az aggrc
gate wealth of the republic transcends h
comparatively small limits Of our bonde,
debt. He repudiated the specified deman
for the payment Of bonds in gold, but the
must oe paid good and not In inferior 81
yer dollars. Our pledge to public creditor
in 1870 binds US 10 pay in the standard
the then existing value. A silver dollar {
dollar OF that date. Such a dollar will bet
eft in Turn the miner OF the bullion. tn
holder OF coln and the government, an
: will insure our lasorcrs a full dollars pa
tor q dollars worth OF work. For thes
reasons ne advocated Unlimited coinage an
: legal tender OF hat weight. He did NJ