Wichita daily eagle. [volume] (Wichita, Kan.) 1884-1886, 1885-03-04

larlty as lecturer since the election, :
few nights ago AT Chickering hall. liz
was invited by the Ladies Art associa
ton in this city, 10 lecture before thei'
organization with 4 view of replenish
ing their treasury. When the hour
for the lecture arrived, there were no
over hundred persons in the audi
ence. Mr.. Bcecher was so ANNOYED
that he went on the platform and an.
noanced that there would be no lee
tare, and told the audience that they
could have their money refunded a
the Office. As good many compli-
mentary tickets had been given out,
the cashier at the office had consider.
able trouble to know who to pay
money to, as not only those who haC
purchased tickets, but also those hold
ing corDplimentaries, presented them
for redemption. This was about the
best indication that Mr. Bcecher has
had OF the effects of his late political
somersault on his popularity as lee.
turer,
President-elcct Cleveland recently
spent several days at the Victoria no.
tel in this city making up his cabinet
No one knows definitely yet. lie was
thronged with politicians coming from
every part of the country. He spent
Sunday at GraystOne, taking advice
from Mr.. Tilden. The impression now
is that Senator Bayard has been offer
ed the position of secretary of state,
Daniel Manning, secretary of the
treasury, and that Messrs. Lamar, Gar,
land and Jones have been settled upon
for some position in the cabinet There
is good deal of talk also of Mr. Thur
man in connection herewith, but the
general impress ion is that he and Mr..
Pendleton will be left out.
The daily papers Of New York av-
erage about one editorial a day each
on the silver question. Its generally
known that the stock of most of the
New York papers is owned by bank
ers, aud they are greatly interested in
stopping the coinage Of the silver dol
lar. The latest move 10 stop the COIN
age Of silver is that of Samuel j. Ran
dali who has introduced IA bill TO mod
ify the law in reference TO the civil
service. attached thereto clause au-
thoriziDg the president to suspend the
coinage Of silver at his discretion The
Republicans think that it places too
much power in the hands of a Demo
cratic president. The silver dollar has
so many friends in congress that it is
very doubtful if any legislation can be
had during this session to stop its
coinage. The animal report of the di-
rector of the mint, contains impor-
tant facts abont silver that your read
ers ought 10 know. There has been
very little difference in the amount of
gold and silver coined during the last
fiscal year. The gold col ma ge
amounted to S27. 49,, s24, and the sill
yer S2S,l73 ,3S7; the minor coins, ST.
173,709.73. The total coinage was $751;
SS0.02l.
The government derived q profit
from the coinage of silver last wear
of s., goo ,Gf2 Go. The total amount of
gold and silver coin in the country
on the 1st of July, 1891, was $500, OO0.-
900. Ofihis amount S250,O0O, 600 was
silver and 1852. 10000 was gold. 1t
seems according 10 these figures we
have more than twice Is much gold in
this country a silver. The total
amount of currency in circulation on
the LIST of October, 1884, was ST $780,
AZ, 324; the amount of silver ccriifi-
Gates was 1928. 260,72l.
The director of the mint reports
that there is fractional silver coin S74,-
slS,S7S. Now if we take the amount
of fractional silver coin and silver GER
tificates which are in circulation as
money, from the total amount of sill
yer coins, il only leaves S5l.9l2 1872.
After ell the fuss made about the coin
age of silver and its being piled up in
the trearury, it seems that il is all
practically in circulation except the
above amount.
The treasury holds $l42 ,05s.1s7 of
silver dollars. OF this amount Sl23,-
2S0, 72l is covered by silver certifi-
Gates. The treasury only holds SIS
79S ,0SS of silver dollars more than the
amount in actual circulation in the
form of silver certificates. At the
same time il holds S29,474.l60 of frac-
iional silver coin. Nobody raises any
objection 10 the coinage of fractional
silver, but il Is the silver dollar that
the fight is against. Notice this also:
That the treasury holds Sl64 .957 .455
of gold coin that is covered by Sl2O,-
9S6 .620 of gold certificates. leaving of
gold coin in the treasury S4i o20. S35.
In addition 10 this the government
holds S52 .5S7 OF gold bullion This
would make of gold coin and bullion
in the treasury $50, 99.. Alp. The total
amount of silver dollars, fractional
silver coin and silver bullion in the
treasury is $50, 200 600 Ii seems.
from these figures, that we have near
ly twice rs much gold in the treasury
as silver. Why, then. is the country
in any great danger from the coinage
of the silver dollar?
The opponents of silver would like
TO make the people believe that there
is danger ahead if the government
continues TO coin the silver dollar at
the rate il is coming il now, but from
what source can danger possibly come?
They tell us that we shall soon have
silver standard; that gold will leave
the country, and the silver will
remain as our only money, but
is that matter regulated by the
amount of gold and silver coined?
Does it not depend upon our exports
and imports. and not on coinage? If
the affairs of the government are con-
Quoted so as 10 keep the balance OF