The sun., 1895-05-05
CARLISLE'S SILVER VIEWS.
HE DENIES THAT he EYER IA
TORED THE 10 TO 4 RATIO.


The Secretary Says that His Speech on
the Biand Bii IL Being Misconstrued
BY shs Free silver Meas Circulars
LITTLE Rock, Ark. May 4.-The Hon. A. H.
Sevier of Texark ana has received n letter from
Secretary J. G. Carlisle, which explains certain
passages In the speech made by Carlisle In the
Forty fifth Congress in support OF Senate
amend ments to the Bland Allison bill. The let
ter is MS follows:
"wAsnrNGToN. ID. c.. April 90. 1898.
Mr.. 4. H. Scrier, Terdrkdnd. Ark.
DEAR SIR: Your letter or the 18th inst. is
just received. The speech which you refer to wns
never printed in pamphlet form. but only in
the Congressional Record. 1t was made in
support Of the Senate amendments to the
Bland-Allison bill. In regard to the amend
OF the original bin and inserted a provision for
the purchase and coinage of not less than
S2,o00.0o0 worth nor more than - 600, goo
worth OF silver bullion each month said:
80 Now. sir. while this amendment is objec-
tionable to me IN some respects, l am con-
Reputation OF tho free coinage provision of the
original bilLrand will state briefly as pos
sible the reasons which compel me to take this
~ then proceeded to give the history Of our
coinage laws and showed that. whenever either
of the metals was undervalued ut the mints. 1t
WAS driven out Of tho country, and that the
metal which was overvalued in the coinage
WI am Ia favor Of every practicable and CON
stitutional measure that viii aid us in devising
a Just and permanent ratio OF value between
side, and not alternately drive each other into
exile from one country TO another
ter In favor Of the free coinage of silver at the
ratio OF 10 to l, or in fact ut any other ratio,
the. speech from which reference was made was
a denpnciation OF a policy which would de
e Ss
the world. as is shown by the speech itself.
BY o il" S. 'YfS tender ass of only 1 'ae
cesea full legal SILVER
lars. Silver is moi, demonetized in this country
as 1t is in England; Germany, and other coun-
tries, but Is, as you know. in constant use among
the people as full legal tender money. Very
tions that have been sent out by the Sound
Money Convention promoters to business and
commercial organizations in the South to send
delegates one was sent to Secretary OF the
Treasury Carlisle.
To-day the Chairman of the Arrangement and
Invitations Committee received the following
reply:
cro ,.,asi WAsH,NoToS ssd's.G D. e, May i 1893
my DEAR SIR: Your favor communicate
ing an invitation from the Merchants Exchange.
shnss so So the nx
the Young Mems business League OF
Mepns to attend and address
delegates chosen by the people of the South
ern states who believe in the necessity Of u
sound and stable currency and better banking
facilities was received. The importance of the
subjects to be considered Mt the proposed Con E.
vention justities the hope and belief that
the people in all parts of the South
will take advantage of the opportunity
to be fully represented In its deliberations by
the whole country is deeply interested in the
preservation of sound currency. no part
Of 1t. in my opinion, will be more injured
n
ciated and huctuating standard OF value.
Believing that q temperate and intelligent dis
cusson OF the subject is all that will be required
to procure u correct popular decision, accept
your kind invitation and will endeavor to con-
tribute imy share toward the accomplishment
of this result. Very truly yours,
-. G. CARLISLE"