The Caucasian. (Clinton, N.C.) 188?-1913, 1895-05-09
! GREAT
$lLYGR GRQuESYIoN.

lt.. .r Dollar Was Strick-
| n. The Disgraceful
a.et Of 1873.
.-..EN APPEARANCE
r.. .p,,r va, Ssyer Passed bv
IIl.nce Of Men Who
.ndIhr way They spoke
| N. ..u- after
fgc CAUCASIAN have
.n the demoHctiz ition
trr familiar with the
..t was accomplished
. .uy may bo conversani
n.. ODDS hy which this fraud
ud. hut the great fight
.ulr is of such nature
.... become too familiar
ycaIing upon it. We
| . ". uo.c 10 briefly recite "a
.-, reference to this great
| -.. .... nrst coinage law was
| - ,.. provided that a "toer
.. no the unit Of value IN
Io.n...e words:
Unit. each to be of the val
.u.llrd dollar as the same
... and 10 contain three hun
.r. one grains and four SIX
,.. . % gram of pure, or -four
... Ntccu grains Oi standard
L. .. .,tablished n certain
in,t, ., liver as the INIT of eof"'
T. ..ud be called "dollar.'
S,n dollar gold piece was to be ol
[ ,.Iu,..T ten dollars or units-st
L. Silva. representing the unit
yea. ,u. law up to 1913, though
| ,mou... of silver in the unit wa
bbty altered from time to time
h o.U aud silver money was, d.
| n,I ..lI tender without limit
1 hotl lrte coined free and un
ted .
5rb.r ..tur men who wanted t
A,troI a.I the money, seeing tina
vouId p. dllhcult to do SO, II nt
no..,l... &, nceived the idea ,
hontno the use of silver, and usln
IS ro.d as AN actual money. IN
Dry q, how they did this Is the hi
Ior the decentralization OF silVe
!. too long TO give in full, but he'
h somc FACTS;
THE r.I ,rt to Kill silver began
Is. In that year John Sherma
,roducrd IL bill in the Senat
Lich said: But the coinage
y4r plocrs, of one dollar Ne. sh;
discontinued" The bill W
InnmcIy devised for the purpo
kllng SILVER without awakenl1
q su,pIrlons of the people. b
Dlypapcr money was In clrculati
ZEN. and nobody regarded the bill
much Importance, and 1T was I
aSspd.
Blu, sherman had just come fr'
uropc, and had h,s object In VIE
9 introduc Il another bill OF a 81
ar kInd in 1870, but under the
DIlowmg name:
"Reylslng the laws, relat
mlnts, assay Offices and coins
h the / nlted States.' This bill p
ed the Senate, but no one thou
demouetlAed silver. 1t -
nrrwdly manipulated, and its
neanlng obscured. 1t went to
House, where IT was in charge
he Committee on Coinage Weie
Ind Measures, of which comm
Mr.. Kelly was chairman. On ia
bry q, ls12, MIR. Kelly reported
bill aud then Mr.. Potter, OF
fork, asked some questions as
OwS
Mr. Potter desire, in the first pla'
psk the gentleman who has TINS ol
|hargr whether if it becomes law, IL
bnakc amy change in the value OF the
Issued Pursuant to its provisions IRON
Naluc ut the com which now exists.
Mr.. Nelly 1t does not
Mr. nuuvr-noes it provide Tor any
kind ot com, coin of any new dehol
hon other than that which Is now CO
Mr. BELLY 1t does not.
After this the bill was sent ba
the committee, when Mr.. Hoops
Massachusetts, was put in char
it. He off red y substitute fol
bill on the 9th of May, 1872.
said this substitute had been "
fully prepared" and submittt
different gentlemen Interested
subject, and ut meets with
versal appreciation in the for
which offer it, Hooper
moved to suspend the rules an" p
bill.
Mr., Holman said: II suppose 1t
tended 900 have the bill read before 1t
upon l', pu,~age,
Ih, speaker. The substitute will /
Mr. Hooper, of Massachusetts:
not. 1t ISa long bill, and those WAC
tprps tt.l 3 81 lN- familiar v
provisions.
Mr. krrr, Qi Indiana: The rules
be suspended 50 as to dispense W
readDn- ot the bill.
The Speaker. They can he,
Mi. hru. | want the House TO
Nand Nrt it is attempted to put
thlS hOi. without being read
Alto .uur intervening business
lereut u.uurr-
Mr.. Hooper: now move that Il
De Nu,pruued, and the substitute Tor
mto.Iuu TO mlntS and coinage b
ana "-h That the substitute be read
There 5eemed to be no no
what tue blll meant. The
uon To this summary met
Passing .he bill, surrender
poMt, after a few questions IN
10 details, none of them, d
touching the main question
gard % demonetlZatlou.
.luy question being taken on tn
OF Nr Hooper, of Massachusetts
peld 'ac rules and pass the bill
agrt"Ito, there being ayes ITO, no
This till was then sent to
ate oGI got into the hands
sherman, who had looked
while II was in the Hou e. t
II th, Mint BILL 1T pa
senate with some amendn
January 18th, 1873. But SOM
lul members OF the House y
the amendments from beini