Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1879-05-16
HOUSE

" .SHiSsT,.' May Ia Il. hoasa
resumed the scns icratCa 81 tto bill
AMENDING :hc Avs relating to coinage aud
/ s5in ani bullion certificates to5t favored
a icatle STANDARD tie iEcustt itI: from
! the beginning the standard silver ioilsr
I had been been coined tIo light. sni sooner
/ o. LATER that this Eoycrnmen; would have
Ia come TO other governments Of
elrta and rt adjust is gold sad
silver lie dotenjei - wise
measure tha act tor the coinsEs OF the trade
dallar lac third section Of the hill invited
the whole world u the / i;ai States with
ships laden down with siiyss bullion .aai to
a1.lsi il int the treasury 4: par Il was
virtually compelling the sj7sclm,at 20 pay
/. per 1'a: premium Ca every oancs OF
silver II the bill were passed, Angus.
Bslm =, ccu.d ;lsks ten millions "a tea
lay
Mr. EAing sad the most Sa.iJ4s -b,celJn
20 tAa bill Mas that tie government would
lose the difference between she presea.
balloon value and the coin valle Of silver
lie understood an amendment was being
considered By the friends of the bill which
would inset this objection. That amend
ment provided that 10 the issue Of certificates
Tor bullion they should be issued only fos
the market price OF bullion, leaving spin
age free and unlimited Ills argued tina. i,
all the silver in the world were dumped
into the minis Of the United States it would
amount to 500 900 goo. lie opposed the
amendment increasing the standard dollar
to LOO grains. Let Congress Fsmoneti.s
silver end il a large difference remained
between the gold and silver dollar then IL
would he time TO determine how thew should
be sQlsliGed. He admitted it vas desirable
to e9usli-s gold aud silver dollars In order
to make them equal il was no, necessary to
to ,ncrsaso the silver dollar The gold
collar might be brougt: i1sG soma sui
the silver dollar 5r0usht u soas Tue
most jus: plan woGli b. 70 bring
the higbc! priced coin DOWN IL
steau Of putting ths ,oweT priced coin
NJ The advocates OF this bill were
appealing tn the Representatives G. the
product be money instead OF lettinE it Be
icmOnot d Applause on the democratic
side II be VS. the strongest atvocats OF
he would say. 7einforrs
y1nr gold s1i silver money, you Gan at the
Did ratio TO /, the highest ratio establish
"a between silver and golil and when
OTeien trade turns against You. IT /; should
urn. AMI when you have got Your bonds or
odd to Europe, 1t you have 100 900 p0U
i $40 ,oVO,JOI IN silver coin behind your
old, you can send your gold coin and not
nbJect yourself to humiliation aud It's shock
! suspension OF specie payments. Ap
lause on the democratic side. Tie refer
ed to the demOnet alton sc: OF 1873. asa
damned fraud. Mr. Ewing sad there
lust coma relief for people and it could
nly come by restoring silver and gold to
3usl free coinage. Craftsmanship. honesty
striotism and all demand thst we shouid
EAR from our statute books those acts
demonstration which the subtle and dey
Iish hand OF the money power inscribed
lere in the dark and in the name of the
sople and in the full light of the day rein
ate silver where it stood from the founda-
on OF our government Applause on the
'mocrstic side and in the galleries