Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1878-02-27
JONES AS A DEBATER.

Before us lies the Congressional Record of
Feb. II, in which are detailed the extraordi-
nary and very memorable proceedings of the
night and morning wherein were had the f.
nal debates upon the silver bill, resulting in
the passage of the same just before 3 clock
A. NJ. of the 10th. 1t will be remembered
that Jones was represented i'll some OF the
telegraphic reports as having been led into
the defamation that he wished that gold
might be driven out Of the country. IS to
his strong and very handsome manner OF sus
tanning himself in this part Of the debate, it
is reported as follows.
Mr. Sargent Senator says he will
tell me when | get through why gold should
leave the country? | will give him Il chance
to do it, and the chance is now. | say gold
is an American product, at least equal in
value to the amount of silver produced, and
We have no more right to legisate to Danish
one from the country than we have to Danish
the other.
Mr. Jones, of Nevada.-It seems to me
thai this is tempest in teapot. AS I'M
derstand the proposition OF the Senator from
Vermont as advocated by him and the Sena-
tor from California, it is to render absolutely
secure the coinage of all gold bullion offered
at the mints, notwithstanding the fact that if
the prophecies of the Senator from Vermont
with reference to the pending bill should
prove true, not dollar of such coin would or
could remain i'll the country, that instead Of
keeping the minis employed in coming money
that will circulate they shall he occupied IN
coming undervalued tokens and medals that
cannot circulate, that can be OF no sort OF use
to the people, that will be excluded from cir
culation just as much as the trade dollar Is
now and as the silver dollar was III 1873, and
if the silver dollar shall continue, as Senators
who oppose the silver bill predict it will, be
low the value of the gold dollar, there could
be no object whatever i'll mintng gold dollars
in this country There would be no use for
gold coin here, and it would lie d needless ex-
pence to fabricatc it. Whenever the silver
dollar shall become the equivalent of the gold
dollar, is it not apparent to the humblest in
tellect that it will make no difference what
ever which dollar is coined!
Nlr. Edmunds. How Wilt be in the mean
time until it does become sol
Mr. Jones of Nevada-In the mean time
it must be idle in boards or perform duty in
the import trade. Ceasing to be useful here
it might 90 to help sustain the price of our
exports. ask the Senator from Vermont
why he cares to make such particular provis-
ion for a coinage which will not circulate and
which when coined is in no better shape for
use than is bullion. The minis should not be
required to coin the dearer metals which will
not circulate, but their operations should be
directed exclusively to the coinage of the
cheaper metal, the money that will circulate.
Upon divergence in the relative value of two
different legal-money units the dearer becomes
at once a commodity, the cheaper only, re-
as money.
Further on Mr. Jones said:
| am asked why | am willing that gold
should go out of the country | answer that
if the confident predictions of the gold stand
ard advocates prove true, that nOtwithstand-
ing the reconciliation of silver, gold will
continue to be the baser metel, then there
could be no possible good i'll its remaining
here. 1t could not remain here as money;
1t would be to all intents and purposes a COM
modify. We could Just as well spare it as
wheat or anything else. 1t would go to coun-
tries where it would circulate as money and
would tend to increase the gold prices of our
exports. If it goes, it will go freely and with
out compulsion No holder of gold coin or
bullion will be obliged by law to send it out
Of the country, and if he does so it will be be-
for something else.
1t is evident all through the proceedings of
hat night that Mr. Jones led the debate and
aas the master spirit of the occasion.