The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-07-15
TT WAS 40 SECRET.

1T WAS 40 SECRET.
II matters very .sttis now whether the
act Of 1871 was passed with a fun knowi-
sois question worth considering Is whether
ths free coinage OF s.lyer at Is TO viii
bs fer the benefit OF the country now.
II II viii not We don't need 20 waste Eve
minutes over the degree OF intelligence
Of the members OF congress OF Is7s who
voted fer . bin with whose provisions
some Of them now. Cor political purposes,
declare themselves to have been ignorant
There might bs SHINE excuse for mem
bers voting for . measurs with which
they wsrs not entirely familiar II they
Asd x on false representations made BY
shoss having <hs biz In charge. but there
II no excuse for members not understand
Ing or not listening 70 speschss upon
eElI upeu which they were TO vota
Representative Hooper. OF Massachu-
hoass. spoke In favor Of the Bill en- April
3. zg-7. explaining n section by sssticn-
He said:
TT declares the gold dollar Of E-s
grains Of standard gold TO be the unit Of
value. gold practically having been in this
country for many.years the standard or
measure value. as 1t is legally Ia Great
Britain and most Of ths European coun-
tries"
This Ia In fact what the bill says; there
In no reference In u 10 decentralization Of
silver 1t Ia not usual In passing meas
urs repeating another 10 set out the pro-
visions Of the original bill. IL might be
said. nsyertheless. that the failure TO
refer to silver was an attempt AZ decep-
ton. How untrue that Is can be seen
from the following extract from Hoopers
speech. wherein he goes on 10 say:
'-Ths silver dollar. which BY law is now
the legally declared nnlt Of value. does
not bear a correct relative proportion to
the gold dollar. Being worth intrinsicsiiy
about ons dollar and three eenis In goid.
1t came; circulate eoncurrsntly with tho
gola soins. The committees after
careful consideration, concluded that SIS
grains Of standard geld constituting the
gold dollar should be declared the money
unit or metallic representative Of the dol
lar for account The silver dollar
ef az grains. by reason OF it's bullion or
Intrinsic value being greater than IS Gom-
ina, value. long since ceased TO be q coin
Of circulation. and Is melted BY msnufae-
tursrs Of siivarsare. IL does no, circulate
COW In commercial transactions with any
country. and ths convenience of these
manufacturers In this respect can better
De Hst by suppiylax ANAL stamped bars
Of IN. ssms standard. avoiding the useless
sxpsnss Of eoiaing the dollar fer that pur-
pose"
Representative Kelly. who was chair
man Of the eonfnittss on eeiEsss weights
sas measures. In a saeseh on The subject
January ;. isgz. ssidi
s-rss values OF ssld ane silver con
t,nuslly russrate yeu esEnei dstermins
tai. year what viii ss the relative value
o, geia sna silver nsx, PEAR. They we're
Is to / . sheFt tinae sxa. iaey are 10 10 /
now
There was no deception secut this
sgsees. and there was As ltas deeeg,ion
in another s9@eeeh made By Afr. Kelly
In the house Aprg .. is71. wasa he sais:
"Aa esperisac. E2s shown that you aust
have enc standard soln, which shau BE
legal ten.sr Tor a.. esh.rs. ard thea Yea
may grsaots yoer cems4tie ecrvszleze.
10 asssns q subsidiary coinage % silver.
which shaa circulate In al parts 90 ysar
ccuwsry as legal tender FER q Limited
amount and be redeemed al Sta rse. wsla.
~ yoar xoysrxmsaL Ba. ksr, I again
ema TIA asisntioa az tie sogss TO ths FAST
thss he gsasI.-nea whs srTcss tais ssg
insist aseA maintaining = alivsr dollar
wortA three aaa a hAls cents mers shaA
tie xsf1 seis4r. sa4 vsrtA sevsa cents
uasrs than swo hAis~aollAEs. ana tat 50
ssax ss thsss grovsslaas remain. goz eaE
act ke~s sHver eein IN ne eSsHtry."
IoAr ]. NHex. wss sad as mnsa as azy
O.. aaAz % 60 with ths eEsssisg e the
EN-. IN ais report - TIE secretary q tsa
tr.4Sarr lsft se9tser szy soass ga -
,as r0rgsss 81 ire ss'l rs- e re r~assss
fer soasssersax IL stas-etai Measure -
ere country. Ne says FSsSSts AisSstls-
nsaas Documents. Ne. -. FeTgy-erst Goa
sressas
s@Ths ccsrss~ - tie saver c1ilsr piece
I. s4~cansiasss n ths prosos-s
ss-.s II Is ~ AS ne cellar ssss- ans. as
surasng ira value e SEA - ss -ffssa
asa . hssf tarnss tAas % sslsss. seazS Aess'
tss rexa rsE.1 fss TIE past ssx yesTs =
wersa IA sese a pee=asasa ~ ss9as . go
s~rs Qss sAi@s Being sIzn. Ans iatFin-
s,rassy raere than ger cert rrsaasssa e
esAsr sssvsr eas2s tEss vAiss sszs eszsg
wga. IRE rrsssat avs consequently
snsssrfws BETA ge,&-se1iar uais sad a
ssxeS-2sslsr safl aiEsFsnx froza eses
ssAss n snsrsnsas vxias. TIE srxsSHt xa-S-