Nevada County picayune., 1888-04-04
Beck and Sherman.

the mischief with the Eastern credi- tor class in his senate on the 14th.
 The Kentucky senate, with all his rugged bluntness. is one of the abiest dcbaters in the senate, and it is nev- CT wise thing for an opponent to wake him up. Senator Sherman, who has proved himself the faithful and efficient servitor of the Eastern creditor classes for fifteen years past committed the indiscretion of rous- ing the Kentucky senator by resent inc remark from him about the sc crct passage of the act of 1863, drop ping the silver dollar from the coin agc-and the result was that MT. Sherman got more than he bargained 1 for.
 Senator Beck proves that the dropping of silver from the coinage 1 in1S73 was so earthly and skillfully enyeloped in a bill regulating the hints. that none but the few intend ed to he in the secret knew it. MT. Blaine. at that time speaker of the house. declared he did not know 1t, and Mir. Voorhees,. at that time a Imcmbcr of the house. declares he 1 did not know it. And Wm. D. kel- l Iy of Pennsylvania stated afterwards in d speech in the house; was chairman of the committee that re- Iportcd the original bill, and l aver on my Ihonor that l did l not know the fact that it propored to drop the standard silver dollar, and l did not learn that it had done it for eighteen months after the passage ot l the substitute offered by Mr. Hoop CT" Mr Garfield. afterwards presl- dent. told the people of Ohio that he did not know such provision was in the bill when it past the house. 1 Even President Grant, who signed the bill and made it law did not
 know that it dropped the silver dollar from the coinagc-for, m
 letter nine months after he had sign
 eel it. he speaks confidently of 'sll-
 yer taking the place of legal-tender
 notes. and becoming the standard ot
 values" Senator Howe of Wiscon- sin boldly charged that the scheme
 to drop the silver coinage was a
 ,,conspiracy. 1t is not con
 traction" he said. 1t is stangula-
 ton. It k not q proposition to add
 10 Der cent. to the public debt. It
 is deliberate effort to blast 33 per.
 cent. of the people to pay the debt.
 Senator Ingalls, of Kansas declared,
 five years after the bill was passed,
 that it was the continuation of a
 scheme long entertained by the hold
 CTS of the dublic debt of the county devised by them for the purpose of
 appreciating the value of their invest
 mcnts. regardless of the ruin and
 desolation which it would bring upon
 the laboring and producing classes of the nation" Mir. Teller of Colo
 rado asserted that the legitimate business of the country did not dis
 cover that silver was demonetized until months after it was done: and l Senator Stewart of Nevada is on the
 record to the same effect. This
 show, pretty clearly that silver dem ontiZation was secreted in the bill,
 and was trick and fraud on con-
 grcss and the country. engineered by Senator Sherman in the senate and NIT. Hooper of Massachusetts in the house.
 But it seems the fraud did not
 stop with the passage of the hlll. The measure merely dropped silver
 from the coinage. and did not alter
 the legal-tender quality of that al
 ready coined. Another fraud had
 to be perpetrrted in the compilation
 of the Revised Statutes to take away
 the Icgal-tcnder quality of the silver
 already coined. Another fraud had to be perpetroted in the compilation of the Revised Statutes to take away the legal-tender quality of the silver already in cXistencc-and this was i deliberately done by somebody Senator Beck does not say by whom. ] But he does make the charge bold- l lv. hpsays: But started to speak | of the frmd-and used the word ] dcliheratelv-thc frand committed ! by somebody in the Revised Statut- es in demontiZing the silver coin then in existence. No man will de- ny that the change in the compilla- l ton of the statutes was fraudulent; l; 1 repeat that with emphasis. St. Louis Republican.