The state chronicle., 1892-08-10
FREE COINAGE.
CARLISLE ADDRESSES A LETTER
TO j. A LYME.
He Expresses Himself Clearly on the
subject. and Leaves no Doubt
astO His Views.

subject, and Leaves no Doubt
astO His Views.
By Telegraph to the State Chronicle.
WASHINGTON August 9-Senator Car
Isle has addressed to a Kentucky friend
a letter to John A. Lyme, Henderson,
Ky, making clear his position on the
silver coinage question, in which he
says: ''Your favor, in which you ask me
whether have been heretofore in favor
of the free coinage of silver and whether
my views upon that subject have under
gone any change, was duly received, but
have been unable to find time to an
swer until now. Tl4s answer to your
question depends largely VI ~ What you
mean by ''the free coinage OF y. If
you mean that the policy urge, any
under which the governme the
! United States would be comp Flaw
to receive 6S cents worth in .illlon
when presented by the owner. and coin
it at the expense of all the people of
the country, and compel the people by
law to receive coin as the equivalent of
100 cents, my answer is, that am not
now, and never have been, in favor of it.
stand where my lamented predecessor,
Mr.. Beck, and l stood together in 1878,
when the so-called "Bland Allison bill''
was passed by Congress, under which
the secretary of the treasury was re-
quired to purchase and coin monthly not
less than $,O0O,0 ,00G, nor more than 81,
900, 900 worth of silver bullion. When
that bill passed the House of Representa-
tives it provided for the free and unlimi
ted coinage of the silver dollar, but after
it went to the Senate, where Mr.
Beck offered az amendment which
provided that the secretary of the
treasury should purchase at the
market price each month not less than
$3, 900, 900 worth of silver bullion, or as
much more as could be coined al
the mint, the seigniorage to be paid tC
the treasury and that whenever the bull
lion could not be purchased at less thar
par with legal tender notes. any owner
of silver bullion might deposit it fol
coinage On the same terms as gold wa
deposited. Continuing Mr. Carlisl,
says: Il believe that gold and silve
bullion should be treated exactly alike
in the mints of the United States-tha
is, that dollars worth of gold shoul(
be coined into gold dollar, and dol
, lars worth of silver should be coinet
into silver dollar, and if no charge i
made for coming the one, then no charg
should be made for coming the other Il
f my opinion, the declaration made upol
this subject by the dem ocratic party a
E its recent national convention is per
, fectly sound in principle and enunciate
l the only true public policy. Any measur
which will fully demonetize silver and in
e sure the equality of the dollars coine
from the two metals, whether it b
an act of Congress or the agreement {
an international monetary conference
: will receive my cordial support, for
believe that the use of both is essenti,
to the prosperity of this and all otht
e commercial countries. [ have uniform
q ly voted for both bills and resolution
IS inviting other nations to meet our repr
e sentatives for the purpose of fully IT
l. establishing the use of silver. and since
f ly hope that the conference which
n soon to be assembled will be able
Il reach such an agreement upon the sui
= ject as Will meet the approval of all tt
l. governments Participating in it.