Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-06-02
The Latter Pulls the Congressional GIob.
on the Former.

The Latter Pulls the Congressional Globe
on the Former.
WASHINGTON, June 1st-Senator Sher-
man appears very sensitive about the pas
sage of the bill demonetizing silver. and
whenever the subject is called up in the
Senate he jumps to his feet in an excited
manner and declares the matter was thor
oughly discussed and understood.
When Senator Daniels was speaking sew
eral days ago, Sherman interrupted him.
| and declared that the question of demone-
tizing silver was thoroughly discussed at
that time and understood by every men,
ber of Congress. He alluded to Senator
Stewart, and stated that Stewart was pres
ent and voted for the bill at that time.
Stewart simply said he knew the silver
dollar was omitted from the Act of 1878
codifying the mint laws, and stated he
would show from the record at the first
opportunity that the matter was not dis
cussed.
Sherman took an inopportune time to
bring the matter up when he knew Stew
art wouldn't interrupt Daniels speech by
replying, but Senator Stewart has since
| thoroughly investigated the case and
looked up the original House bill and the
report OF the Senate Committee, with the
| amendments OF the committee, both of
which were printed January 7, 1878.
At the first opportunity, perhaps to.mor-
| row, Senator Stewart will take the floor
| and explain the whole matter as follows:
1t appears from the report that the COM
| nlittee recommended striking out Section
| 16. which contained the provision for a
silver dollar equal to a five franc piece and
substituting in lieu thereof, trade dollar"
There were twenty amendments proposed
| by the Finance Committee and they were
acted upon seriatum, except one, as is
shown by the Congressional Globe.
When Section Is was reached it was
| eliminated.
Section 16, which demonetized silver. was
omitted, as appears by the Globe, and the
| amendment to Section II was next con-
| sidered.
After Section II, the next amendment
considered was to Section 10, which pro-
vided for leaving off the eagle on the
silver dollar, half, quarter and dime, and
substituting in lieu thereof the weight and
| ineness.
Mr.. Casserly objected to leaving off the
| "eagle," and Sherman explained that they
| had adopted the international coinage of
Europe, with the ratio of 154 to l, and that
the dollar provided for in the preceding
section was precisely equivalent to that of
a tive-franc piece, and it was necessary to
stamp the weight and fineness on the coin
| so that foreigners might understand its
value, because" said Sherman. "the in
tention is that our silver dollar shall circu-
| late all over the world.n
| 1t is possible that the reporter of the
Congressional Globe might have omitted
from his reports an amendment to Section
16, but such thing was never known to
occur, and probably did not occur in that
case, because Sherman's reason for stamp
ing the weight and "fneness" on the
dollar would not have applied to trade
dollars" if the amendment had been
adopted, for it must be borne in mind that
| after Section sixteen had been passed over,
Sherman declared it contained provision
for dollar equivalent to five-franc piece,
which would be 3S4 grains, and not a
trade dollar" of 42o grains.
The trouble is with Senator Sherman, as
the record is evidently against him, as
well as the recollection of every Senator
and member who was in Congress at that
| time.
Senator Stewards speech, which will
make an explanation as above set forth,
| showing that silver was never legally de-
monetized, will create something of SEN
sation in the Senate tomorrow or some
| time next week.