New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-15
reports for 1870 ISL and 1872. In his report OF

1872 he says:
In the las; ten years the commercial value of
| silver has DEPRECATED about per cent as COM
pared with gold and its use as currency has been
discontinued by Germany and by some other coun,
H as prevene ' ;he use Of silver Tor
upon Grounds Of public policy attempt should be
made 20 Introduce II. but that the coinage should
Extensively FOR commercial uses with other nations;
The intrinsic value 81 metac currency sh houd
be used for the coinage Of tokens redeemable by
The Government at theT g2m III eon tnue is hne
! possible to issue roln redeemabe In gold Without
ence become- considerable the holders vii. present
the silver for redemption and leave it in tho hands
OF the Government to be disposed Oh subsequently
Therefore in renewing the recommendations here
gest such alterations as VIII prohibit the coinage
of silver for circulation in ths country or' d oir
| That snail he as valuable the Mexican dollar.
| and be furnished a. its actual cost
submit to every candid reader of The Tribune
whether it IS possible to Introduce bill into the
American Congress in more open-handed. tair
manner than that in which this bill was intro
ducei It's provisions were carefully pointed out
in the report of John Jay Knox. Deputy Control
Ter. who prepared the bill. and which report was
| sent 10 Congress with the draft OF the DllI. re
| SPECIFICALLY CALLED ATTENTION TO
THE CHANGE AS TO THE SILVER DOLLAR
! In the committee II both the House ana the oei,
! ate tho measure was examined line By line ana
word by word" In both houses Of Congress the
men having the bill in charg' repeatedly caiicI at
/ tcptinn t. the very section and provisions when
| droppel nc coinage of standard silver dollars and
which made the gold dollar me only uni' oI VIM ,
Think then Of large ana Influential JouTa s,,c ttNe
The NcT-YOrli World' giving currency 90 SUI"
statement ~ the following:
The bill was not even read except by title II
was passed without ono dissenting vote; In i,Ie
! Of The tinted states the word dollar was
! omitted beginrin2 the half dollar" etc no one
! The biIl by every member OF Congress would not
| have revealed The trick to any one OF them. Inc
wort! dollar had been stricken out by som" mem
Der Of the committee without tn, knowledge Of his
unsuspocting colleagues; but who dd 1t mas never
been discovered
II is almost Impossible to compress a larger
number OF absolute and shameful fa!sehocds into
a single paragraph Of that length Il does not
contain one ,rue statement The printed and
! carefully preserved records Of the country show
that those s. Elements arc lies every one OF them
! The votes taken upon the bill were seldom unan!-
| mou7 The silver dollar was omitted In the
! FIRST DRAFT Of the bill That fact was GER
| tainly known to a large number Of congressman
! ana : majors. because it was CAREFULLY
! POINTED OFT on the floor Of Congress by SOY
/ oral Of th"m II there wa single member OF
| Congress who aid rot know n, u Wa ms own
! fault. Those in charge ~ tn" bill called alton
ton 20 the fact time ail time aglin me
! World" tells us tNit tho word dollar had been
| claudosticoy. and that who dil Il has never b"en
known Tho silver Goila vas n"V'r In the bill
from tn beginning - th' 'hI ~ IN" uSVSSI'.''
No i've man cla strike a word out 81 bill mat
| is not IA it, There is nothing to strike.
In tho entire history # this measure not
single etc, WIS taken I'm the dark defy any
man 10 point out the action of slnE" legislator
whica looked Ilko deception or cync"alMent
doubt IL any M leurc over r"ceiF 20. NOR" oirI,ui
,s-2 s,. tsa af,r painstakinc iaborous
and careful examination Of It's entire history.
HE L''Hf' ''' y ~ III
What about the bribery and fraud? How apou;
the S'o'o' Of British god -Ar''l " 10 '''"'' '"e
pls.are ~ tho bill? What about Ernest Seyd
rp,ni.nr ,ao money e secure dcmonetiza;ion Of
silver ia 'he United states? The claim upon
thar p,l.t ale, il Il has. fabrication. There Is
uot one particle Il proof t. establish sucn
CLAIM. r. r." was. indeed a Lond'i banker OF
,n' n' ,, %, ~, ,,,,ar - oo,nar, and
money
Nr. Hooper ~ Masslcnuscits. "ho had me on
J." e. -' ~ 80, 81, '' -, ,,,, tho hands 81
Mr Scyd with a request THAT he would send
lim any criticisms Dc deemed bit upon the bhl.
A;'"r this u. a'ou' Nr 3-NH "ullnS w ,"H-
gross mas h-'i LOT E'''S NV mn. ~ 80
.,'''.Iy 80 :, ~, H. ~ ti,'r =. be- time nf
~" ''it '.'l Wy W. - VI r;",,er
M p'@'h V. ''f' "a MI $50 49, y" ,t,,, le,tcr
, ~ 49, ,,i,, - ~. ,rirr - an. United
e. 80. ' ~, e,l $50.
~ ~
now come 20 ih" most important part OF mo ON:
"hi.h ""lt' t"' 'o.t' %. 'l" 49, - ,r.
AMI b.. w. under tso ter Ter l.m, %; &. am aware.
9,, i,as'l co nae. MS ir. iy .s.abshcd: bu,.
elhough ia' actual coinage o.: IN" s.iver doar PAL
{. "w =. tns new b' src,um1bl. reeeals ali
prey,.rs cr1ctm,a,s ! >, f"OSEL THAT TtiE To-
LAX Is cGNTEMi;LATEp " ;a.nk ina,
thG u9,l Siigf YIN hrr ga an syeP ,nfS
~. ~ 1' lt1fGT col iNIp t,II,-