New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-15
man. and others Mr. Kelley, in his opening

speech. said
during the last Congress and sent it to the House
We, ES a and Measures, and RECEivED AS CARE
t 1ITEMETI9No A hsr6W NT Ir6N EE NS MEAS
IRE We proce1ed with great delbera ~ N
to So eyer y line ies Ax no w 93 y hY WORD The
bill has received the same elaborate con.idera
ton from the e Oh G0 ar az Brought 70
II at the earliest day Of this session; each mem
Der procured copy G ' M P ira aan. ongres
sional Globe. Vol. &c., Page %22)
The next day, January 10. 1872 the bill. after
furthcr discussion, was again rccominittcd, and
on February O. 1872 it was again reported from
the Coinage Committee by Samuel Hooper
printed and recommitted. February l3, 1872
1t was reported back by Mr.. Hooper, with
amendments printed. and made the special
order for March L. 1872, until disposed Of
April 9. 1872 the bill came up in the House
for consideration. Mr.. Hooper who had the
bill in charge. made carefully prepared speech
upon it, of ten columns and explained the pro-
visions of each section of the bill. He said:
Section &c re-enacts the provisions Of the existing
slYER boLLAR wi!ch ,si Is cR RE ;Ts TuI q
MAKING IT \ SUBSIDIARY COIN in harmony
with the silver cons o. iess denoaina,ion 10 -"
siver d0l1r of lI2i grains by reason Of its bullion
or @% yH N sfS EssalD5 T f@1" nE + c@N
or CIRCULATION. and is melted by nanufIc-
Commercial transacione VITA any country. and the
convenience of these Manufactures IN ,hls reSiect
of the same standard. avoiding the useless ex-
pense of coming the dollar for thae purpose
Mr.. stouehton. also OF the Coinage Committee,
made a speech upon this bill seven columns In
length. Among other things. he said:
The silver dollar. as now issued is worth for
bullion q. cents more than the gold dollar. ana
greater intrinsic and nominal value 1t is certain
10 be Withdrawn from circulation whenever we re
manufacture ana expectation as bullion. -. This
bill provides for the making Of changes IN ne
sTITUTING As LEGAL-TENDER. C0iN, or
ONLY ONE METAL; INSTEAD As HERETO,
wise provision. and that legal tender coins except
subsidiary coin. should be Of gold alone
Mr. Kelley. during the same debate. said:
I wish to ask the gentleman who has Just spoken
The world which makes its subsidiary coinaee OF
full value? The silver coin Of England IS 10 per
under the advice OF the experts OF this country
and OF England and France. Japan has made her
low the value of gold coin. and FOR his reason:
j. is impossible 70 retain the douhl" standnrd. Tho
canno, determine this year what viii be the rela-
tive ya.ues OF gold and silver n"Nt year Ihey
Hence all experience has Shown that YOI' MUST
HAVE one STANDARD con-. which shall be a
legal tender for all others. ana then YOU may pro-
mote your domestic convenience by havinG a sub
siiary coinage Of silver, which snail circu.ai" IN
a limited value ANA be rcdeemahlc at rs
face value by YOUR "oy'r t tId nut oi T.,
that the gentlemen who oppos" this III insist upon
than tho gold dollar. and worth cents moro than
two ha!f-doilars. and that 50 long as those pro
visions remain You cannot Keep SILVER coin IN the
country.
May q. 1872. tho bill was again called up by
Mr.. Hooper. who offered an amendment. AMI
then the bill was passed 10y vote Of 10 yeas To
10 nays
Jus, previous to the passage = the bill Mr. Nc
Necley. also a member of the Coinage Commit
tee. said:
As a member Of TIC Committee on Coinage.
Weights and Measures. having carefully examined
ever section and Inc Of this bill. and generally
understanding the subje,; before us. l am salts
fed that the bin ought 10 pass
The bill passed 10y the House. 50 far silver
coinage is concerned. Wa Identical with tho hn!
FIRST introduced 10y MIR Kelley. with tho keep
ton that. It provided FOR the coinage Il silver
dollars ,sh'ch should weigh only ~ grains and
treated them a. subsidiary coins. Tho bill re-
ported 10y Mr Kelley upon this question Was
Identical with -" bill which WAS prepared by
Mr.. Knox and which had passed tho Senate.
except that ~" Knox hlll made silver coin a
legal tender f1r all sums lres than 81. while the
hill II Mr. Kolc. made tn" silver coins a legal
tender for g. b. any on" payment
10 not forget this - the h!li wf.-h We ar" tod
was passed by a trick and that not more than
two or three mon IN the city II Washington knew
anything about
Was there oyer more mon mental lie? All
the extracts above given are from speeches made
before Tie passage of the b!l.
But T. continue Thc hill. as passed by III"
House was sent - the senate. and WIS again
printed I'm the senate May %. 1872. and sent t.
the Finance Co.lmtt'o. II was not reported
back 10 the Senate until the short session OF
Congress.
THIRD Long DEBATE.
December lG. 1872. at the n,w session q Con-
gross Senator Sherman brought in tho bill. and
made the following statement t. tho Senate.
This III has IN substance passed both houses;
except that the S"na;@ III enlarged and Increased
III" salaries II the officers u IN" Mint IL was
passed by the Senat" AZ the session Of IN" Ia.
congress. wen; - The Houso. ard nov. somrNhrt
modified. has passod The liQnsc Al thi' ConEress.
50 that The bill p" practically passed h'th houses
Of Congress Tho Senate Committee on Finance
PROPOSE "a mobilization ~ on!j a sinSie 'rcton; hIi
as this IS not the same congress that pa's"! Tn
b.ll IN tho senate | suppo-" ~ VIII have 20 10
ate is willing 10 take il on the stat"mcn, OF the
committee. the Senate already having debated il
ard passed II.
After further debate. the bill was ordered PRINT
ed in full, with amendments on motion Of Senator
Cole.
January :. 1873. the bill was again reported. with
amendments. and again printed 1t passed the
Senate January L. 1873 after discussion which
fills nineteen columns Of The Congressional
Globe" Its provisions were again fully explained.
Mr. Sherman called attention to tn" fact that the
bill proyidei for tho coinage Of silver trade dol
lar 70 accommodate the people OF California and
others engaged in trade with China. The simple
fact that this bill did provide for "A trade dollar
and that that subjec. was fully discussed. ncces-
sarily OF itself called attention IT, the other fact
that the bill discontinued the standard silver dol
lar.
Rcmcmbcr. This bill had been before
Congress almost three years. In every stage OF u
1t had provided that the COINAGE or THE
SILVER DOLLAR OF il2i. !
GRAINS SHOULD BE DROPPED. II repealed
the silver unit of value ana constituted the gold
dollar the only unit Of measure IN this country. !