The sun. [volume] (New York [N.Y.]) 1833-1916, 1884-03-30

from bis own testimony. that he did not oyer
when tho S questions addressed 70 him aSst
pointed out to him and to the country; the
not dsdae shs sSa and sl
IN by the express from foreign countries. nor |
% svss o% ss s sa aS4 ha q: s Soa. nor
since that time. nor could he have done SO
except IN rude way based O. hesITssy rnd
;sts, l Hnd e. is doing him srss.
them as eohtaiHn9 CORRECT Statistic Of the pro:
BusIsd a. he always f is. With thseprSqtisat d.:
tails OF \ vast business. which compels him to
:Ssh b sn Srn s
pulSsps q Sy snanss q ss
TS opska and Al, Santa VI railways. the Wells. Far:
mpsny mas BUSINESS ana e' 81
opportunities for compiling correct statistics
ssned that he has mora thnn once Expressed to
me his intention 70 disc2ntinus his annual bnl,
81 ss spS
New and s ,S%
Express) to the Eastern minis aud dealers.
me- vaen,nes present Cppor,unhIt Iii, ,, i9s
and with a regard to his former. The colrsctness
that the only time they were ever sabiectedt to
a critical examination they proved 70 be at least
on
Monetary Commission. vol. !. Appendix; p, l3.)
T 1a4 l TO &c Sasa Wiz, to b. tn
ara. with tho public servant who has adapted
cumulated errors contained in eight annual
commercial circulars; aud thus. from this
| bullion resources OF the country by probably
more than a hundred million dollars A.
writer's opinions may possibly DO warped by
tho fact that he Is the author 81 history
, vssy ses S sh
and consumption of gold and silver. the an
s work hH sssn
Sonsl have not offered and cannot uegaly)
offer it for sale In Amsrice; and tina, il WAS
terest Of the German Imperial Government or
:Vdsms d. sasSssrg "n BOX sna IT. BoS
| chards mint reports. .,
signed t to Establish faIss eeIinS Of conenee
in reference to our ability to sustain drain OF
Mr.. Burchard claims that there was in the
United States at the beginning OF the present
year no less than s795. 100000 in gold and sill
an steeS hnna IN Iso The
date. and BY deduet from the e. total sum the
assumed exports during. the same period. AS
the arts, he regards 1t rs being fully counter
balanced by the coins brought into the coun-
= s' assa S.Es a Ssr T nsy t ss ,Hs
brokers' who soil them 70 outgoing pas.sengsrs .;
&c o nS hs oeS
| genious device. that the consumption OF gold
and silver in the arts is nothing.
these are. faulty.-every, one Of these assump;;
tlons and bases Of calculation are untrue, and
Vaisneinss statistic q psodueton has already
been proved. The defectiyeness 81 the export
she sh BuresS on Which
not help Including these defects In the tables
COMPLIED from such retIrns' is shown IN tae
p. Al. from which 1t will bs seen that: as there
no penalty iS 20 bs d
at all Of exports BY railway 9r other Land con,
Guiding gold and silver. are continually made
out registry at Tie Custom HOUSES One Of the
striking proofs o. this TACT y r that accord
INTO ha. 81 as
United States than. according to our Official
thsP to 10
iars in Amsrican Eold: which had been ], coined '
this country and rsc9ped BY az Italians. This
| HOIl Will M IOuuu III ting iHihe
cred how sleepy an the wa!chdogs of our
dons th 8 same thing Thug There are stacks q
American double eagles awaiting recolnage IN
In in Which 6se Mr. ex Prhs sta S %Sd r a
relies SO much upon, simply because he
knows netting Of hoy they or ars com com
the large sums coin carried H. to Europe
who bring their bullion here for coinage :and to
China by tho Thousands. OF, coole lnborers. who
stsamer Ar to the UNI that the sum
Of United States coins supposed to be- brought
vast VAST Quantities aus Of gold coin and silver bullion
asSts,s S printers shs%
Ss a. os IT'S s sSn %oHsy
in In American coins / venture to say that
cayed teeth OF tho American people than tho
immigrants ever saw before they came to this
Except the gold portion Of the $40, OoO, 900 in
circulation In this and the other mining states,
and the quantities In the Eastern banks and
msnt gold Is also in the banks,. it is notorious
fact that gold Is not aud has not been In COM
During several visits 70 the East which have
made since the Resumption act went into
ton and it is only since tho fractional notes
; and one and two dolla greenbacks wore retired
thnt silver coins have come INTO use. The
! quantity OF the latter In circulRtio cannot OK
coed the sum- OF the retired small and frac-
ed by Mr.. Burchard. he can not PROVE that there is
one-half Of this sum OF coin and bullion In tho
. country whether belonging to the government
or not. II this conclusion Ii wei founded, Mr..
Burchard has led the commercial community
and the Commonwealth into u tran from which
extrication will be impossible. so long rs the
Resumption act was on trial any effort to eX-
pose these deceptive Burchards wa. liable to be
cried down by the clamors OF pretended patriots
,, and the other rascals OF majority party. But
pose tho long hidden truth, 1t must and viii!
come out; and the truth is that Mr.. 3urchard
and his masters have deceived us and led us to
the brink OF an unnecessary suspension OF coin
payments.
". That the Administration and Burchard
} have induced the banks to part with their gold.
and exposed the country to susponsion..
According to q recent Mint Circular tho sum
! Of gold coins and bullion in the banks on the
LIST Of January OF this year was s!3, 5lM 00I
| OOO. 600; while. 1t the same time there were