The Caucasian. (Clinton, N.C.) 188?-1913, 1895-05-09
value for any amount not exceed
lug live dollars IN any one payment

day nobody ~ able TO tell how this
section got into the laws.
The act under which tie revisal
was made was entitled IAN act TO re-
wise aud consolidated the statutes
Of the United States, in fbrce on the
first day of December, Ammo Domini,
one Thousand eight hundred and |
seventy three" The two Houses of |
Congress cOnfided in the integrity |
and good faith of the revisers and
the result Is seen in the incorpora-
ton of the above section, whi"h had
no existence in any act which had
been passed prior to December lst,
1873, nor subsequently thereto. un-
til IL was surreptIiIously inti oduced
into the Revisal.
When Mr.. Hooper was trying TO
pass MS bill in 1872, he let fall re-
mark which some people think
throws some light on tAis matter.
He said:
Mr. Ernest Seyd, OF London, distin-
guished writer, who has gwen great at
| tention to niuts and coinage, alter exam
ining the first draft of the bill, furnished
| many VALUABLE SCGGksTioNs, WHICH HAVE
| BEEN INCORPORATED IN 1hlr bllsl'
Now the Bankers Magazine of Au-
gust 1873, says that Ernest Seyd was
n representative of London bankers
and that he commanded consider
able sum of money for getting Ger
tain financial measures thro Igh Con-
gress.
1t was not until 1876 that the people
had begun to realize what had been
done. Then began a storm OF IN
,, quiry, and then the matter began to
have some more attention from Con
gress, and the following is what some
of the Congressman said:
In a discuss which took place IL
the irst session of the Fiftleth Con
press between Mr.. Beck and Mr.
. Sherman, Mr.. Beck said:
"What | complain of, and what think
. have Lroyed is that the House never kneN
what was in that bill.
Judge Kelley, of Pennsylvania
o was chairman of the committee OF
u coinage, weights aud measures Il
'l in 1872 when the bill orlginall
'l passed the House. This Is what h
< said on the floor of the House Ma
'e 10, 1879:
:. "All | can say is that the committee c
coinage weights and measures "no
re ported the original bill, were faithful ar
able, and scanned It's provisions ciosel
- that as their organ reported IT; that " co
tanned provision for both the standard SHY
III dollar and the trade dollar. Never haVll
q, | heard until a long time alter It's epactine
of INTO law of the substitution in the Senate
| oh; IrnplnI the standard tlt
III lar. profess to know nothing OF It's histoi
as hut | am prepared to say that IN all I
se legislation of this country tnere Is io IL,
mo- terv equal to the demonetlz .ton OF |
, standard silver dollar OF the hited ota.
'u' have never found man VINO coulu
on iust how it came about or why
Mr.. Holman, in speech deliver
io' in the House of Resentatlves, Ju
l3, 1876, said:
-, 81 have before me the record OF the
ceediu.s of this House OH the passage
u" that measure a record which no man
iOl- read without being convinced that the M
ure and the method of its passage thro.
this House was a colossal swiiuie.
ing sert that the measure never had the Sihc'
age of thi, House. and 1t does not possess
as | moral force OF law.
ght Mr.. Cannon. of Illinois, III spe'
was made in the House on July Is, le
full said:
the ..r.;, ,,,,;s,ot;o, was had in the FC
OF second Congress- February Il 1915, q
shts bill to regulate the mints OF the IN
Itee States. and practically abolished SILVER
nm money by failing to provlue loi tne Soa
lnu- of the silver dollar. 1t was not discusses
the shown by the Record, and neither mem
New of Congress nor the people uhoers'oo'
fol- scope of the legislation.
Senator BOgy, of Missouri, utt'
the following words in speech N
" ~ ~; ~ in the Senate June y, 1876:
will "Why the act of 1873, which forbid
coin oo;n,,,c of the silver dollar was paSSet
the one at this day can give gooo re"soii'
Mr.. Bright, of Tennessee, sal
new the law:
,ined? ut passed by fraud IN tne houSt'
kbavinp been printed in advance, be
sub titute for the printe! bill; never
OK to been read at the clerks desk, the re
er, of having been dispensed with py an ~, u
ge of sion that the olii i'aue iar. If was nassed
the llo.t tdSonSs;nn lie debate being cut off by
He alton of the previous question 1t was
oara tn nv certain Information, under SUI
ed to cums.ahctfs a; of snme ,ne nf the most watch
N the we'll as the ablest statemen i'll Cong
nni- ,hs time. \ X Ay, sir, it
.., =, fraud that smells'to heaven. 1t was a
" that wifi stink III the nose oil poslerl'
theh for which some persons must SiYe
ass the in the day of retribution
Senator Allison, on Februat
is in 1878. when the bill Ga. Il. 1O
is put authorize the free coinage OF II
,e read. yer dollar was under consider
l hope said:
are ~, "Rut when the secret history of
|i'' '' of 1873 comes to be told 1t Will disci
,, fact that the House of Representatl
- tha | tended to coin both gold and Siivtr,
i'h wv tended to place both metals upon the
relation instead of on our own. VIII
,,,.r the true scientific position with reie
through this suolecis iatrad ln ."' # ! NAV use Il
f a DIFF and use ii ilfoaio offensive SENSE
le rul. s Mr. Sargent interrupted him al
the bill hin, what he INFANT by the word do
e pas sed, Mr.. Allison said: Il said used t
|. in no offensive sense. 1t was chans
tion of ,,lscuSsi st;tntai for # y
III of On February Is, 1878, dur
ed the conslueratlon VI -
regard ferred TO- Tue D,n;a s
ou.yor between senator DldiHo oHu
in re- Voorhees, took place;
"Mr. Voorhees, l want to ask II
from Maine, whom | am glad TO
e motion IN that way' whether | may cali hi
J, to sus- more witness to the fact that 1t
l. it was aanarallv known whether silver
es II. monetized. Did he know, as Speal
the Sen House. presdlus demdsnetized in the bill
of John he aiiudesP"
after It "Mr. Blaine: | dld not know
ie called that was IN the OH a, an, ar caTei o o
ssed the iaa' '9i,. .n"Hfer And now 81
rents on to exchange questions with tn
o watch from Indiana, wfo was .hei tar ~
,ay. ntaa and whose business 1t was, far
rev. n mine, to know, because by the q
: agreed Of the House | was to put que
l-..I L I.,.i .i.Aaa