Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1880-12-17

said iuthe annual message II last wear. that the
NelicmeNt trym circulation ct United States notes.
with The capacity 81 legal.tcder in private CON
TRACTS, isa step Ia be taken in nur progp>s to
wards u safe and stable cNtNncS, which should
ec accepted as the policy and duty Of the govern.
ment amt the mteNst and security vt the people.
rus sltNER OCULAR,
AZ the tinv &c che passage Ut be act now In
terc requiring the coinageot silver dollars, fixing
their value and giving thcm lcSal.tcNder char
actcr, 1t was believed hy many u tho supporters
Ut the mcesNw that the silver dollar, which Il
authorized, would speedily bccunc, under the
operations vt the Law, Vt equivalent VALUE to the
Gld dollar There wcN other supporters Of the
hill Who whilc they doubted as to the probability
OF this NsNlt nevertheless VIEW willing to give the
lpn'prScd experiment u fair trial, with view "
stop the coinage, II rNperic,re should prove that
the silver dollar authorized by the hill continued
IL I've IT lesS cOmmcNiNl value than the standard
gold dollar
The coinage ii silver ,oNarS, an,ler the act NJ
terrl to, began IN Marcb. 1878, and has hccn
continued Us required by the ark The average
rate per mouth % tho present time has been
Sss,H t9s, The total Smount cuincd prior ~
the LIST Of November last was SGs,Sl1,tSO OF
this amount ST.. eSl, iaN remain in the treasury
amt only SsaJHSs Nl an in thu hands 81 tho pco.
plc, \ constant effort has been made to Keep
this cWrrcncy IN circulation aud eons,dcrNhlc OK.
pcnsS has hrcN nrcCSsS,rilN incurred for this pur~
pose, but its return to the treasury Is prompt
and SUR, Contrary to the confident anticipation
ot the tWClldS vt the nStSaN ut the time vt It's
adoption the value " the silver dollar containing
ils'a grains at silver has not NoNRscd Dur,
lug tho wear prior e. the passage vt the hill Nu-
thoNtng It's coinage the market value OF the
silver Il contained was fNm 90 M ~ cents, rs
eomraNd With the standard god dollar During
| the las, wear the average market value vt
thc silver dollar has hccn ssh vents,
/ II Is obvious that the legislation vt the last
eongNSS IN Ngar To- silver ~ Tar as Il was based
ON an anticipated rise in the value ut silver N u
insult Vt that legislation, has tailed ~ ptalUcc
! thc ctctt then ptclieteh The longcr tho LAW nv.
mans in Mrrc, requiring as Il does thu cninagr
| VI a nominal dollar, which, u reality, is NOT
dalar the greater hernn,eS tho Hanger that this
country will hc forced Is accept single mctal aS
the Solc legal standard y value in circulation,
mud this standard OF les value than il putports
g. " worth IL thc recognized money nt the
warhl
LEOAl-rr~pm MoNEV,
The constitution ot tho United states sound
financial principles ano nr hest mteNSts, al ~
qairc that tho country shnui have ~ is legal
tender money beth sula aud silver coin, OF nm in
trinsir value, ~ bullion equivalent e. TINT which,
M ,ts taco Il pNrperts to 1nSsee, The constltu
tion, IN cNpnsS terms, rtognScs both gold and
silver as the only true legal tcndor money. To
hanSh rithCr II these metals from our cmrrp9cy Is
Ia narrow and limt the circulating mCdium ot
exchange TO the dismrngelncut ~ important in
than ANY othcr country, aud u directly intcrStcd
IN maintaining il us one at the two PRECIOUS met
MS which furnish the coinage ut the world II
VIII ~ my Judgment contribute ~ this result II
congress Mill rpcal 40 much VI existing legisla
tion rs requires the CnnNgn vt silver dollars com
taming only il2t grumset silver, and IN ita stead
will authorize the scctctmN nt the treasury 81 cein
.ilror dollars at equiv ncut value s bullion, with
gold dollars, This win dctfNul no man, mud will
w IN accordance Will, iNmtlRr prprrdrnts, Con
gress on several occasions hus nltcrd thu ratio Of
value between gold and silver, ID order 20 estnh
ltyb It moro nearly IN nccatdRnoc with the actual
rntiu ut NUlnc hctWrrn thu two metals,
IN financial letslntinn every measure ~ tho III.
rocHun al greater fidelity In the discharge al pc
t,niary obligations, has heen found hy experience
~ diminish the rates uf intepst which dchtors are
required t. puN, matl ~ mcWNse tho facility with
which money onn he obtained ior@ely legitimate
purpose, uur own recent financial history shows
how surely money hrcomns abundant whenever
confidence ~ tho eNaGt performance ot mnucyed
obligations Is established.
VAR ErAWrMgNr,
The secretary ut war reports thut the cNpcndi-
tire. ~ the war department tor tho tAcul year
ended june 30, $3.50, weW $40 N2i 1898. The
appropriations for this department for the eur.
rent fiscal NrGr amount tn Sll OU3 5000
VIII, respect 10 the army the secretary invites
attention to- the hct TINT IT. strength IL limit
od Wv statute tsCrtiun III, revised ptnlutes) ~
Nisos contained IN appropriation hills have limited
expenditures tu the enlistment of hut 2Ahh0, u
Is believed the inll legn strength Il the least pos
sihlc Inrccn which thu present organization can
he maintained, having IN view efficiency, dieci,
pnr and economy, While tho enlistment of this
loyc would add somewhat 10 the appropriation
Tor pay OF The army the saving made In other ~.
tpccts would he mNre than an equivalent tur this
additional antlny aud tho efficiency VI tho army
would be largely Increased
The rapid extension Of the railroad system west
ot the Nisais-ipp river, aud tho great tide OF set
lrr which has aoard IN upon new territory, i'm
poec on the military nm entire change ct policy.
Tho maintenance nt small posts along wagon mud
! stage routes of travel is no longer necessary,
Permanent quarters ut points selected, Of y more
substantial character thnn those heretofore con
etrnrt"l, viii he required. Under existing laws
\ permanent buildings cnunot be- erected without
the sanction 1T congress, md when snlep 81 mill.
tnIy sitcs nni buildings hnrc been authorized the
moneys received hive reverted % tho treasury
and could only become available through u new
appropriation, II " recommended that prnyiR4
ion Ice made hy general statute, for the sale oi
such abandoned military rues and buildings NJ
nfe found 70 be unnecessary aud Tor the npplicn.
tiun ui the proceeds a. The construction ~ uther
pnits While many of the prcsent posts nrc Ot
but slight value for military purposes owing Ia
the changed condition uf the country their occ,i
! patton ii continued 1T great expense and neon
vcnicncr, because they afford the only available
shelter for trnpps
The absence u large number " oticcrs of
the line In nrthc duty from their regiments, " u
serious detrimont to the maintenance Of the
service. The constant demand for small detach-
ments cneh ~ which should bo euinman led by .
, commissioned officer for necessary service away
from their commands occasions scarcity IN the
number required for many company duties. with
view u lcscning this drain % some extent, II
Is recommended that the law authorizing the de
tail 9f onlcer from the active lit professors
1T tnctcs and military science NJ certain colleges
aud unt erstics be 10 amended ~ To provide TINT
nll such details be made from the retired list Of
the army
Attention II nn.(rd u the necrssity ~ proyid.
lug hy legislation Tor organizing, arninR and
discipning the doirc militia ~ the country, and
liberal appropriations recommended IN this be-
hllt. The reports " the niutnnt general Ut the
army and the chief Ut ordnance touching This
subject fully sot forth its importance.
The report VI the officer IN charge of edn
cation III the army shows Tint thcFc arc seventy
eight schools now in operation w the army Sith
an aggregate attendance of 2,30J enlisted men
/ and children. The secretary rcouinends the en-.
listmcnt II ono hundred and nifty sehoolmaatcrr
with the rank and pay NJ commlssary sergeantt.
An appropriation il needed TO supply the Judge
ndtocatcs ~ the army with suitable libraries, and
the secretary recommends that the corps ~ Judge