The times. [volume] (Richmond, Va.) 1890-1903, 1895-05-21

unlimited coinage OF silver at that or any
other ratio. The only speech | ever male
if Congress on this subject was denNeTci
IN the House OF Representatives NOR
tnan seventeen years ago. AZ time MH.h
the value OF the bullion contained IN
silver dollar was only ABOUT seven cents
less than the value or the bullion con-
tuned in a gold dollar. and /, together
with many other opponents OF free coin
age. believing that a restoration OF silver
90 our mints would bring 10 TO a parity
with gold, supported a measure protialhs
for the limited coinage OF silver dollars
on Government account. not on account
OF private individual. and corporations "a
o. now proposed. Fifteen years ckpt-
rlcucc. however. demonstrated that those
oil us who believed in lsi> that a larger
enhance It's price or value were mistaken
Instead OF increasing The price OF silver,
Dc continued to fail with greater fapiiity
a ln before. Notwithstanding all the et-
forts made hy our Government 90 uphold
if. until now the bullion contained ~
"a silver dollar is worth only about halt
AS much as the bullion contained IN
god dollar The conditions have entirely
changed since ISIS, and / DO not under
stand that even our free coinage friends
Ia Kentucky or elsewhere now fonieni
t1at any LEGISLATION by TINS eonnlIy Aons,
could place silver on parity with gold
az the ratio of sixteen GO one. ON tho COM
trary they insist that the free and nl-
limited coinage of silver 40 that rauo
/ agree with them that IL would have
that effect but .t would not be- cheap
money NJ Dr. were equal in value 10 gold.
The speech made hy me on the occasion
referred 20 has been garhled and twisted
and perverted in and ont OF Congress
during che past two years with a ma
lici0us Ingenuity which has scarcely ever
been e0uallel in the discussion OF public
question. and yet no one has ever Nen-
tured 20 make the dirct assertion That
"a contained single word IN favor or
the free coinage OF silver IL was, IN
fact. made Boa opposition 90 free COINAGE
and in support of the Senate substitute
for a free coinage hi0 AS can ne seen
hy any one who VIII take ihe trouble 10
read &c. Certain sentences in which
denounced bon strong language the al
tempt 10 destroy" silver as money
metal. have been separated from their
context and quoted aean and again IN
Congress. on the stump. and in newspa-
and who appear wholly incapable OF uu-
dcrstanding the difference between the
total disuse OF that metal as money ana ~
free and unlimited coinage at the public
expense for the benefit of private indi-
Niiuais ana corporations. nave a. COPY
of the speech here. but will rot dctain
Won by reading extracts from 10 20 show
what my position was, because any gem
tloman who desires 90 do $50 can ind 10
in mll I'm the appendix % inc 'onefes-
sional Record for tha second session or
fhe Fortv-Fifth Congress. some or tho
opinions then expressed have been modi-
fed. and some OF them have been cnnutet
altogether hV subsequent events ana by
a more thorough investigation of the sub
iects 10 which they related, hui on tho
question OF free coinage my convictions
have never been shaken for "a momcut
/ thank YOU most sincerely for The pa
touce with which Won have listened 90 my
remarks, and viii detaiu you no longer.