, 1880-03-22
Secretary Sherman Reviews His
Dolorous Plant Against
Silver Dollars. :.
Moro Concerning Senator Chris
:. tlnncy's Matrimonial
Troubles.
another English Expression on the
:. Subject Of the 1nteroceanio
Canal.
i Majority Of tho Kane County, ILL.,, Dele
cation In Favor Of
Blaine.
THE SILVER DOLLAR.

THE SILVER DOLLAR.
6pfetat D!spateh to The Chttaeo Tribune.
WARRINGTON, y. G., March Secretary Bher-
nan was before tho Conlmittoo on Mines and
Mining to mako nnswer to the resolution OF tho
t1o1ao passed recently ns to whnt connection
thoro ID between the Tronsnry Of tho United
stste, and tho Nov York Clearing 1uuse. Tho
secretary ropliod III general that tito Attorney
ncneral Ind ,lcuIded TINT there was no law
svnlnst 1t. but TINT ono Of tho conditions OF tho
f9snrInr- House Association, Of which tho Gov
oI1ncnt wns n member, Ia that silver dollars
ehall be recoirod for deposit only after
.neciaiiy contracting to Withdraw the satne In
lind. Art. also prohibits tho payment
n balances at tho Clearing House In silver ccr-
tiacatos or silver dollars, except rs subsidiary
ootns la small sums under $40. This relation
sbIp Mr. Warner, who acted ~ Chairman, char-
4 rA1TTERHli1r .. .
M tho part Of tho Government md this Associa.
tlon for tho rcpttd!Atlon Of silver Us money. rs
they sot thoir own rules above tho Lc9al-Icnaer
tar Of tho United States. Thu Secretary WINS
eskcd whether tho TREASURY has the right to
make hr,y arrangement to enter Into partner
hin with nu association which sets "a defiance
the laws of tho United Etatcs rotating to
Tho lcgal-tondcr. Mr. Sherman In reply said ho
thought ho had tho right to mako such an mr.
tangon,pnt. and to exercise tho option OF pay
lar notes or gold In linu of silver, and TINT wnA
not surrender Of tho Governments option.
The o1,lor issued by tho Department on tho 8tt1
Of October lnAt, providing for tho payment OF
curront obligations Of tho Gorcrnment by 10
per. cent tn s'lyor coin 81 aad ,.,dl,., 70 per pe9
sppiy 70 tho Gearg!tnusc and oa,'ncet tnns It.
aes &c., esen ese,sr thigh 1 ' lie cIsar.s.iI",so
pcrslsted IL H. rles prohibiting silver finn cr-
sS :s ni at f as eeafin sifss'hy s1PsssS re-
d. peparftment rss had done Ill it coiid to put silver
that ii tue hanks and tic Treasury had abstatned
from pnying nt,t silver In order thereby. ny
: limiting lis quantity, to .-....-..-
: rnEsEnvE ITS EoufvA1EToY WITH GOLD.
Tf,a Secretary expressed tho opinion that. =" as
sire rs tho sun shines and grass grows." u 'we
continue to coin silver at the rate q
txo millions nonth n h., and ras T. sSs4, SSu
mn mt thinks @ b ibls oonnetton With lie Clearing.
House Is beMeg1t to tho h Il MTrcasMry .,,,.4 .,v..
At Sc prose. e ts eH omSsr
,p inrcs Il, tho benefit OF tho Cloarlng- House
aud banks. and unless q Charge ~ fno rulea IS
tain perecntago Of baianeos il, slyor It may 10
from relation which locks ovos sn.ooo0M
S.abo gtq{ 9dr paSnsnts SnSy =" at Nov Eais To4
point Of tho greatest public disbursement. Al
st nssf; i = pSss aea S az ss sw eas n"ae q G o T
however, and viii keep on until tt1e limitation or
oth ha q aad the
tho cxtra session providing for tho redemption
Treasury in Nov York, ;. -
70 COLLECT IN &HE TRnAsunr,
instead Of boing returned TO the country TO bo
used whore It II needed, auh TINT on account q
small silver c{ylus, They arc willing ctthor that