Mohave County miner., 1894-12-01

- which extends the term
"a and vice president until their
v6rs are elected and qualified. In
y absence Of both president and wee
president, the presidency devolves upon
the president pro TEN Of the senate.
Therefore Il may be said. tnst for one
day Mr.. Ferry was legally and coasti /
tutionally president Of the United States
The opinions of man. who had held snch
position, upJn question: OF national
import are worth something. Mr.. Ferry
has been interviewed lately by the De-
troit Evening News. upon the silver ones
tion. Regarding the repeal Of the Sner-
man Law he said: "rhe effect has heen
immessurAbly bad. because the repeal
Was not compiled with clause reinststinx
silver ss money. The Sherman pur:hass
Law Was better than no Law uiilisnx sil-
yer, nut the principle OF the measure
was illogical and debAsing. and It wo1ld
not have become = feature Of our money
system had not the chief object been TO
defeat fres coinage. The bill then pend.
Ing in the Senate WAS for as free coinage
OF silver "a OF gold. and the Sherman
amendment which carried WAS that sen-
stor's device to prevent Tree coinage OF
silver. That snch Was the understanding
Of the design of the amendment may he
de-. uh.e fssnosul Cha rtna
Grosvenor said in his speech a. chair
man Of the Ohio state convention, held
in Columbus, June z. 1893. that The
effort to repeal the Sherman Law Is ter.
rible. Defective AZ il was admitted to be
by iis anthor, il prevented free coinage
Of silver
1.-THE Sherman Law vas better than no
Law. simply becsuse it utilized silver to
the extent Of adding monthly TO The
volume Of our money 4.50), 900 ounre> OF
silver coined into silver dollars. or issuei
in silver certi6c .tes, and to that extent
relieved the ruinous s,riosency of the
conntry. II WAS illogical because it m ,de
. measure OF value = commodity and
subject to the fluctuations OF trade; and
1, was debasina because the government
the agent Of the p-ople-sst the per-
nicions example OF biddiog down, In
open market, it's own measure Of value,
and thus destroying its essential element
stability. G,ld 80 treated would also
lose i's stable character, and. like silver.
would he an uncertain and demorslizing
monetary unit.
"What would be ihonghi OF buyer Of
wheat who conniyed with his scales to
make tho bushels he bought vary in
weight TO favor his purse? How much
more demoralizing for a great govern
ment to enter open market and hid
down its own measure Of value to in.
crease it's seiyniorsre, and by such dis.
honor destroy the Exity OF the peoples
monetary unit.
"A republican government. in theory,
claims TO represent and promote the vel.
isre Of the sovereign people. To under.
value and undermine the national units,
and measure Of values Of the nations
and citizens products and wealth, and
thus destroy the certainty Of value ol
the peoples dollar by which their pos
sess!ons are measured, and their means
Of support, comfort and independence
made sure and stablt, is not only de.
moraIizins TO every industry. interest
and individual, but is unworthy Of a
christian nation"
Ia thess sayings, the Michigan ex
senator exactly voices the sentiments
and feelings Of the people Of the silve,
purchasing states and territories. He
talks sound sense. His utterances are
significant and encouraging in that they
indicate growing sentiment among tn,
intelligent and iniorned people Of ths
east, 10 favor Of the restoration Of silvel
TO ITS historical place as money metal
They are some promises Of just trestmen
Of the white meta. and Of fair considera
ton Of the rights Of those who are dig
ging u from the mines. Mining Indus
try. w as-Tg
= + ~ 80 - . =.