Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1895-08-01

VIII 90 Down ia History as q Debate Of National
Importance and RenownL

tion: Before the question IL taken
upon suspending the rules and pass
ing the bill / hope the gentleman from
Massachusetts, will explain the lead
Ing changes made by this bill in the
existing Law, especially In reference TO
the coinage. It would seem as II all
the small coinage Of the country is In
tended to be reCoined.' To this Mr..
Harvey replied: The bill makes no
changes In the existing laws in that
regard" Harvey read other ques-
tons, none, however, referring to the
demonstration Of silver, to show the
character Of those questions, as indi.
eating that the members did not know
the bill did demonetize the silver
dollar. The rules were then suspended
and the substitute passed.
The bill went to the senate and
Harvey read from the record Sher-
mans desire to have it passed quickly,
the senator saying that 1t would only
the bill. Harvey quoted Sherman as
Casserly: @If the senator will allow
section provides for coin which is ex-
actly interchangeable with the Eng
lish shilling and the ave franc piece
Of France; that Ia, the Ave franc piece
OF France will be the exact equivalent
Of . dollar Of the United States In our
silver coinage"
In reply Horr said: That is right,
Mr.. Harvey. The hill that was
reported to the senate and that they
were then discussing had In It . provi-
sion for the coming Of silver dollars,
tho silver dollars about which you
talked q the last session Of this de-
bate containing 384 grains, and they
were made with Ill the other silver
coins, subsidiary coins. The senate
struck that provision ont and substi-
tutsd the trade dollar for that 384
grain DOLLAR
Harvsy-If you will show me from
the record Of tho proceedings in the
senate on that day that tho senate
struck out that dollar we will stop
this debate right here.
Horr replied: II have not the re-
record, but / can get Il. The law whom
IL WAS passed had the trade dollar In
IL Do you deny thatl"
Haryey-No sir, ! do not.
Horr-And didn't that take the
plaOo Of the other d0llAr9
Harvey-No sir.
HorT-I defy you 70 show q word
anywhere that substantiates that posi-
ton.
*The only mon who opposed that
bill in the house were Clarkson N.
Potter and MIR Brooks, both million
aires from Wall street, both represent
ing the very men that you say were
trying to impose that bill upon this
country for the purpose Of aiding men
who are rich. Mi. Potter stated In so
many words the truth; he thought It
was inopportune but he says: i am
In favor Of the gold unit. / am In
favor Of that provision Of the BILL
That bill became q law by the substi-
tuition Of the trade dollar. The law in
reference to making the trade dollar
the unit Of value Was never changed
at any stage in the process Of the bin.
It is apparent, however, that the bill
met with little opposition; not because
lts provisions were not understood,
but because ct that time no cared
very much about the silver dollar"
Horr quoted : letter from Senator
Justin s. Morrill,, Of Vermont, to-
whom nobody, he said, imputed dis
honor, In which Morrill, said: sThere
has been : loud and, delusive cry
about the oct Of congress- In 1879,
which after three ysars of consider
alton By the treasury department and
congress purposely omitted to provide
tor the further coinage Of the silver
dollar, nome having beencoined for
nearly forty years and only e6,O00.O00
having ever been coined"
To meet H0rras argument Harvey
quoted Sherman, In the F~orty-second
congress, speaking Of the SILVER dollar:
I'VE are providing that 1t shall float
al over the world" Again: SThis
bill proposes = silver coinage exactly
the sams as the French. and what are
called the associated nations OF Europe
tmeaning the Latin union) who have
adopted the international standard OF
silver coinage; that Is, the dollar pro-
vided for BY this bill is the precise
equivalent Of the 6-franc piece"
Here Harvey reached the passage Of
the bill by the senate with slight
changes ms few minor points, when
it raj referred to q conference com
mittee which could settle only dis
puted points and could not change
what had been agreed upon BY both
houses, he said, and the silver dollar
Clause tmeaning . full legal tender
d0llarl wns not q disputed point. The
committee RI composed Of Senators
Scott PA.) BayaId and Sherman,
and Representatives Hooper (Mass.,)
6toughton {Mich.,) and McNealy (Ill.)
And here wAs Harvey's point: He
said that In that committee the 1884