New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-18
icy TELEGRAPH To TIE TRIBUNE1

CARLISLE STRENGTHENS HIS RECORD.
EXPLAINING HIS SENATE VOTE AND Spec" OF
EIGhrEEN YEARS AGO
Louisville KY May l7.-"The Courier-JournaT
this morning prints a letter from Secretary OF the
Treasury Carlisle to John II. Johns. Of Preston
burg. Ky. The letter. in part, is as follows:
Treasury Department.
once OF the Secretary;
Washington. d. G.. May H. ie''
The Hon John J9hH .vPT of hpr n in which
Won state that the discussion of inc currrnCy
ber eIro wns 1 Argument to be that
made a speech in favor OF the free coinage Oh srNe
duties and other Important matters have 80 occu-
pied my time that no opportunity couid oe io''n u
The report that / made speech IN favor OF free
coinage OF silver was made ior ne mrs. 'n Tno5
circulation by the advocates Of free coinage eyer
since. Notwithstanding the well-known fact INA,
the only speech ever made upor me sup)ect ana
which Is printed In The Official records OF the pro-
clearly hat I was opposed to that policy ...-,u,
Perhaps II WI not pe imPrcPer, III ,or nm 'S
me au'Sonn OF Of rcbruary 81 rs VIII n is the one
tho advoca 81 Of that policy and. In doing TINS,
distincty I', 6 ~ 49, - nconssency. because
in my opinion. such charge. "hrthcr rue OF
cussion OF this any other question TIE fsct
that a - wrong 4; one iiinc III n : M, on
and even Il 8, were true that had advocated IN,
free co mage o. silver eighteen years ago ! "?ni
have been pohiica coward y reius'1i On wa.
accoun, 20 follow my honest conNic,;oh' a'n or
posed such policy wnen ''''nrn mar more onxoui
to be reh; than 10 be consistent. ana u N" Eeh.
speech made when The conditions were entirely
slffer@n; from what they are no" car '""N.nr
IONS mon that or any other subject are erroneous
viii not hesitate to abandon them ...,..
on pGaiSs ~ rec coinage over refer ami that
do IN on b
favor Of striking ont frce-connge proyi-o from
= Mi and inserting in place Of It a section requiring
than 5000 900 worth more than fiVlF worm
Of sveT GnGh a1 S'C ON cron, OF he ncd states
Government. and giving the ioVeIinrrha ~" a. ~
OF the gain. or ecignlorage. instead o. sNnF u -
the owners OF bullion. would b. n" ca." undNr
system Of free coinage A. nat tim, tHr SnSsr
by the ac, of February Y. 1915 and such ns had
6Gly to tb e%cn Of s. by the act Of 80 the ~
ference between the value Of oliver dollar ana me
only about seven eight cents. and l. together
with many Other gcntemen who weIc olpySra 10
between the value OF the two dollars would be Re-
moved il the United state should Ts.Hme the coin
After quoting from the legislation and his speech
at the time. Mr.. Carlisle sums up AZ follows:
After a careful review Of the speech Of 1873.
think IT would be perfectly far Interpretation OF II
to say: -, T., , -,
First-That was opposed TO the free coinage OF
second That then believed the res: sratl9n Of Of
the standard silver dollar % the coinage OF me
United States and larger use ~ tina, metal In
this country would not only arrest It's deWcc;alon;
but would ultimately restore II TO parity Win sod
at the ratio OF 10 to ].
Third That when parity at this ratio had been .,n
restored was in favor Of coinage or both metals
upon terms OF exact equality.
Fourth-That | was opposed to the total disuse Of
silver as "A legal tender money in this country.
Firth That | N favor Of an internltional
monetary conference TO considcr the adoption OF
common ratio between gold and silver: for the pur-
pose OF establishing internationally the use OF OIL
metallic money. and securing iiNlN OF relatN'
values between these metals
T-pon som- OF these propositions my opinions have
undergone a complete change. and have made no
attempt to suppress or conceal the fact. MY OIL
cal course as Secretary Of the Treasury aud my
speeches upon the subject OF the currency, arc
Sufficient ! think to show quite clearly what my
present opinions are