Arizona weekly citizen., 1890-11-15
OMMUNI ATED.
Silver Bullion Taxed.
EDITOR CITIZEN:-

EDITOR CITIZEN
 In my silver artlcle in your issue o the 9th ut. and silver certifie ate article of the l4th ult., I have undertaken to review the intention of the congress ional act on the coinage of silver. The Act of 1878 in iss1ing silver certificate for silver coin, and the Acts of 1890 purchasing 4,50OOO0 ounces of silver bullion was the original colnage act repealed that placed 37l4 grains of of pure silver in the dollar for which they were to allow the depositor at the limit in silver bullion at the rate of S1, ,16.37 per ounce standard silver 900 fine and circulate the com containing 4121a grams of alloyed silver at the rate 1927 per ounce 1000 fine.
 If the coinage Act making 4121s grains of silver 900 fine constituted one dollar and 8995 per cent of its contents was to be be paid to the depcsitor. Then this act constituted free coinage act. Has this Act been repealed?
 The silver certificate Act of 1878 ad- mitted the storing of silver bullion and coin in the United States Treasury, and circulating silver certificates to repre- sent them. Did this Act repeal the criminal coinage act! Was it intended to tax the produce l9 per cent. a fuX- tuating tax by the government purchas- ing at market rate? Will the Act of 1890 of purchasing 4.51O,O00 ouuces of silver remove the huxuaJing tax against the silver produce, and has the passage of this Act repealed the or ginal coinage Act?
 Will Secretary Windom please inform 'a victim" what constitutes silver cer- tificate? If a silver certificate repre- sents one silver dollar containg 4l215 grains of silver 900 fine standard and if rate made under the original coinage Act and still in use at the mint, by what authority, and under what Act was the silver bullion purchased at 1.2012 per ounce that represented 92 99 loo cents worth of silver m the silver certificate or .03.04 per cent in excess of the rate al lowed under the coinage Act and act, loss to the public exchange. If the present law is not intended as tax to the produce at 1.l01a and represent only .S5.46 cents on each silver dollar or its equivalent issued. Will Secretary Win dom please explain?
 Was silver demonitised, and nnder what act?
 The Act of 1878 placed silver certifi- cates in circulation, silver coinage and sufficient gold coin in the treasury in order to maintain uniform rate on the market, aud silver bullion was purchased at market rates. This arbitrary Act re moved government protection to the silver producer perhaps without shad- dow of justice or law, and silver bullion became commodity, and silver coin and silver certificates still retained their face value on the market with gold. It comes to me that the original Coinage Act is in force and that the depositor is still entitled to .e9.95 per cent of the silver repl esented in the dollar under Act of 1890, and that the of the silver certificata as a substitute for coin was never intended 10 repeal the free coinage of silver, the act was only intended to regulate the quanriGy of silver to be coined at the mint or silver certificates to be issued from the treasury department.
 E. l.. WETMoRE.