The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1895-07-27

taxes are not yet repealed, but they are
certain to be so within the next so days.
| If your father was living there would
! be no necessity of asking about it, but
| as the agreement was made through
| him, I fear there may arise a m1sun-
| derstanding, and therefore ask you to
| inquire into it and ascertain whether
! the committee of the stock exchange
still recognize the contract If they do
it is all right and I will still continue
my labors. Let me hear from you at
your earliest convenience. Please pre-
serve the letter" CMeaning the letter
that reflected the conuact.)
That is signed by c. T. Sherman,
brother of John Sherman.
Mr.. Harvey Rebuked.
Mr.. Horr-Before proceeding with the
| history of this bill desire to say one
word, and that is this: The attempt of
Mr.. Harvey to smirch the congress of
the United States and make the people
of this country believe that the people
who act as members of congress in
this country as a rule are corrupt and
have been subject to purchase and sale
can be characterized only as infamous.
the earth ever had purer set of legis-
latOrs than have been in the congress
of this country during it's existence
There sit before me several members of
congress who served with me in sew
eral congresses, and I appeal to each
and every one of them if during their
entire services they ever saw or mis-
trusted that money was being used 10
purchase members of congress. 1
served six years without ever knowing
that an instance of that kind had
occurred during the congresses in
which I served. When men start out
with the proposition that in order to
prove their case they must also prove
that the majority of the best men of
this country are thieves and scoundrels,
they had better stop before they begin
(Applause)
Mr.. Harvey-Did they impeach Judge
Sherman?
Mr.. Horr-Judge Sherman resigned
Immediately, they drove MIN from the
bench. (Applause) The public opin-
ion of this country would not permit a
man to hold a public position who
would do thing of that kind. Bat
what has that to do with the question
whether Mr.. Knox openly and square
1y presented this bill to congress? Mr..
Knox said himself: The coinage of the
silver dollar piece, the history Of which
is here given, is discontinued in the
5 proposed bill. 1t is by law the dollar
unit''-you read that yesterday-"an
assuming the value of gold % be 1919
times that of silver, being about the
worth in gold a premium of about 3
per cent, its value being $1.O3 12-100,
: and intrinsically more than Z per cent
premium in our other silver coin, its
: value thus being s1.O7 43-1OO. The
present laws, consequently, authorize
a gold dollar unit and silver dollar
unit differing from each other in in
trinsic value. The present gold dollar
piece is made the dollar unit in the pro-
posed bill and the silver dollar piece
was discontinued"
+ Intrinsic Value.
I A Voice in the Audience-When was
? that written?
1 Mr.. Horr-Just before it was sent to
5 congress in 1870. 1t was part of the
I report that Secretary Boutwell, sent tC
3 the senate in the spring of 1870; it ac-
D companied the bill and was printed in
the public documents as being an ex-
PLANTATION of the bill by order of the
; senate.
Now, Mr.. Sherman was chairman OF
> the finance committee. This bill went
< Immediately to his committee. He
9 said only in August of 1898 as follows
4 "Mr. President: The finance committee
carefully examined that bill; we were
= not in any hurry about it; it was SEN
d to us in April, 1870. In December
s 1870, the committee on finance. after {
: careful examination, after having the
r bill printed and sent by order of thu
= senate to everyone who desired to reaC
l. it or look over it, reported it unani
q mously That committee was com
: posed of Messrs. Sherman, Williams o
t Oregon, Cattell, Warner, Fenton, an(
e Bayard The bill was reported to thu
e senate December 10, 1870, after lying
o in our committee room eight months
l. The nature of the bill have alread,
a described The dollar was dropped
T from the coinage of the bill framed il
X the treasury department. No one pro
) posed to reissue it. The Pacific coas
! had six intelligent, able, and compe
tent senators on the floor, representing
a population of not more than million
. then. if that much. They would hav
carefully looked out for the interest
of silver if the bill affected them in
=, juriously, but the silver dollar at tina
= time was worth more than the gold dol
"a lar"
# Passed by a Yea and Nay Vote
re 1T was passed by a yea and IA
IS vote''-and let me say right here, 5
1t far as I have been able to discover tina
ID is the only yea and nay vote take
n | during the entire passage of this bill