Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1885-09-16

accounted for and paid into tn
Treasury as provided under exist
ing laws relatiye to the subsidiar
coinage.
Provided, That the amount o
money at any one time invested il
such silver bullion, exclusive o
such resulting coin shall not ex
coed FIVE million of dollars, and
Provided further. That nothing
in this Act shall be construed tt
authorize the payment in silver o.
certificates of deposit, issued un.
der the provisions of section 254 Of
the Revised Statistics"
In January IA, 1873, an Act was
passed entitled An Act to Pro-
vide for the Resumption of Specie
Payments" Among other things it
provides that
"On and after the first day Of
January, 1879, the Secretary of
the Treasury shall redeem in coin,
the United States legal tender
notes then outstanding, on their
presentation for redemption at the
Office of the Assistant Treasurer of
the United States in the city of
New York, in sums Of not less than
fifty dollars. And to enable the
Secretary of the Treasury to pre-
pare and provide for the redemption
in. this Act authorized or required
he is authorized to use any surplus
revenues, from time to time, in the
Treasury not otherwise appropri-
ated, and to issue, sell, and dispose
of, at not less than par, in coin,
either of the descriptions of bonds
of the United States described in
the Act of Congress approved July
IA, 1870, entitled, An Act to Au-
thorize the Refunding of the Ma
tional Debt" with like qualities,
privileges and exemptions, to the
extent necessary to carry this Act
into full effect, and to use the pro-
ceeds thereof for the purposes
aforesaid. And all provisions of
law inconsistent with the provisions
Of this Act are hereby repealed.
For more than hundred years pre-
vious to 1873, the average ratio of
value between gold and silver, was as
4I2H is to IS $40. The standard
dollar contained IS 9S-1oo of silver to
one of gold. This made the silver in
the silver dollar at the time of its de-
worth 4 per cent. more
than the gold in the gold dollar. By |
reason of demonstration, the silver
in the silver dollar is now worth 2I
per cent less than the gold in the gold
dollar, making fall in silver as COM
pared with gold by excluding silver
from the minis of the world of IS per
cent. 1t is now proposed to stop the
coinage of Silver. 1t is said that the
people don't want it and it won't cir
culate. The trouble is the Secretary
Of the Treasury is, and has been in
COLLISION with the bondholders, and
won't pay it out in redemption of the
national debt, as required by law.
Their object is to demonetize silver
when it will have no value, except for
purposes. In chat case,
Ill silver mining must stop, for the
stock of silver on hand is sufficient
or those purposes for the next hun
lred years. Gold is diminishing in
quantity, and if that bonded indebted
less of the world must be paid in
,old, new system of slavery more
:ruel than the feudal system will be
The United States is
he only ground upon which this bat
lie can be fought. Europe is a mill
airy camp, and the vast armies which
re swelling the national debt, are
lsed to suppress the complainings of
he people, and exact from their toll
nd sweat all that is denominated in !
he bond, and if the bond does not !
uit them the rulers can change the
litigation of the bond at pleasure
The money powers of Europe are
perating in the United States the
dict of the Rotschilds is felt in bank
lg houses of America. He who dis
uses it is sent to financial purgatory :
5ithout the benefit of clergy.
AT the close of his speech Col.
Ills thanked him in behalf of the {
eople of Carson, and conplimented ]
i'm upon his splendid effort, after
hitch there was call for three
heers which was responded to in the
earliest fashion by the enthusiastic