Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1880-12-16

GOLD AND v

The annual report of the Director OF
the Mint ever since the resumption oil
the specie payments, has been invested
with increasing interest as each fiscal
year rolls around. The report just issued
for the year ending June 30, 1850, con-
tains some important facts and hgures
bearing upon the production of the pre-
cious metals and the amount OF gold and
silver now in the country. The estimates
of the Director in regard to the gold and
silver coin in the United States are
brought down to November l, on which
date there were 1915, 1923, SSl gold coin
and 1852, III, 544 silver coin, making a
total of 1927, 601, 425. The mints and
assay offices held $7s, 55s, 81 gold and
Sc, O43, AT silver bullion, which would
raise the amount Of coin and bullion to
the large total of $6l2, 2O3, SOB. This is
certainly very lattering, and shows a
great accumulation of gold and silver
within comparatively few years. The
figures indicate that specie payments
rest upon a more solid foundation than
generally supposed, and if we can only
maintain the balance of trade with foreign
nations in our favor, as for some years
past, the accessions to our horde of the
precious metals will continue, and we
shall in time become the richest country
in the world, so far as the stock of gold
and silver is concerned. The production
Of our mines for the fiscal year was about
$50, 900, 600 gold and $37, 700, 900 silver.
This is not as good an exhibit as for some
previous years, but it is, nevertheless, a
fair one. The Director of the Mint es-
Inmates that the amount of gold and
silver used in the manufactures and the
arts last year was $40, DOC, 900 gold and
S., 000, 900 silver. which is a large in
crease, and the natural result of the
revival Of prosperity in general business.
PREs1DENTIAL LAUNDERING.
President Hayes in his message en-
ploys this phrase: 1.-THE right of suf-
frage which the Constitution expressly
confers upon our en~franchised citizens"
In this he makes a conspicuous blunder.
In what Republican edition of the Con-
~stitution does the President find such an
express comforting ?" 1t does not ap-
pear in the official copy Of the Constitu.
tion which is annexed to the Federal
Code. 1t is true that the fifteenth
amendment prevents the Federal or n
State government from denying or abridg-
ing the right Of voting on account of
race, color or previous condition of SER
vitude; but that does not even by impli.
cation confer the absolute right of sui.
frage upon former slaves. For if this
were so. where is the other provision
which expressly confers the right of suf-
frage upon free white men ? For instance,
what is there to prevent Rhode Island
from abridging the right Of suffrage to
colored persons, by compelling every cit
izen in that State to hold real estate be-
fore he can vote-an obligation which
Rhode Island now imposes upon foreign
born white citizens as a class? 1t would
be ~lamentable to find a President who is
also a lawyer thus exposing his ignor-
ance if he were not possibly excused by
the fact that not being a constitutional
President he ought not to be expected to
comprehend the Constitution.