The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-08-16
bill passed the house o. representatives

z Of tie majority Of The TWO ereai parue
4 we ought 10 stand. appeal 10 democrat
and republicans alike We are al in
Z terested IN having sound ana siaoie cur
rency. founded upon gold and silver.
We can not by law. TX the value o
eisher metal or coin any of the articles
necessary to life. Tho great law Of DC
mand and supply affects the value as
does iron copper or zinc. All have faller
in ,narke; value by means Of new discov
cries and improved methods OF produc
ton. have here statement OF the a.
rector OF the mint dated july a. ~,
showing the amount and cost OF silver
bullion purchased under the acts OF .S''
and 1890 and It's value at the present mar
ket value, showing u shrinkaSe OF over
lion. John sherman Mansfield. Ohio;
have the honor 20 state IN reply to your
letter OF the 18th instant mat the nsgre-
gate amount and Gus. Of silver bullion
purchased under the &c. OF Feoruary ~
ISIS, and jniy Il. 1880 was as follows;
Act Feb IS 1875 So. ~ 1is y S3os,s71 800 q
Total .......... $40. oN 7cooo tt5t2io ~. ss
Worth today. marke' prize, f2g r,e Sly 5iS r
| Loss IN purchase Sli5.Sl .9Sl p Respect
fully yours. r 2. lrest2n,
| We rad July last, In actual circulation
, among the people Of the Cnitci States.
| 81 80 725.2 00. AS s,atei ~ ,he report OF
! the treasury department, which l viii
| resn' ~ ,o,
| colt t56,12S 4S2. standard siiVer dollars
so ~ 99S subsidiary silver so @'S1l. gold
| certificates 81 an 49, silver certificates
| t22i - az. treasury notes, account July ~
| lsio tgi 2i7. 36i. Un''e Ell S'atcs nrtes t-259tr
rs. currency certificates June 5 l"2 SCI
oio%o, National bank notes S-l5'S5i'9c7 ;
We had also a, that date s6ie5io9Si IN
tho treasury. mostly gold ana silver. held
lof INC rriHWpi on 81 NHif. Sl"tes hoees
and silver crii'.a.eS' ls iolLgWS -,
Rnli coin Sll'-N3@w. @touiard silver del-
lar N>tlf''a, sui !fy siINer Sa'"UHp
sou! ccr,lilcdics w .ilI" SILVER crtI-
loa'e 81 49,, trg, uy notes account
IulN H. 100. Ni,i't"l9. United states notes
ti@i--9, 6oN c1rrency ,.'tt ho1t,s' account
Jun" : 1850. $1,000. National bank notes
Sl97,3.2Ss; total sNil9>A
maintain mol hy the EoNorum'nt a. par WIN
god ana they travel th" circl" OF Ia"
world without Mmlnutou ci thfir nur-
cA4sinE power. Though silver bullion mas
FALLEN ~ WirN lu -tAf It's former Naiut
YET ~" nave used n Arl miintalu9d silVer
cein u adc from f A. lar iy Win g9ih AZ
brought face - face Wlth prof1siuon
whlch, # agree 10. VIII make silVer the
SOL Standard or value for az deh;s ana
CIRCUITS. Tor IN" wages oi lthor ana the
purchase AMI ~lle of property.
Tho democrats parry ~ It's recent con-
yonton at chicago adopted a resolution in
rs'lo %, zen parts oi siiYer o on. part
81 Eo!i. We know ihai In The United
= ."IrS 'nfiN, ounces or moro 81 SilN'I can
h' purchased by on" onura Of gold with
the free ca-nag" of silver gold IS be de-
monetl@~t Ntfhing can h' more certain
lhao thAt me" cn,ancr money o. w VIII
lnainth:n"! IT, SILVER coius a parry with
soid coins only ny ilS exclusive monopoly
on ooli,isG ana hN m tnt ne amount
INV Wtn IRE" coinage of SILVER there could
,uIh W. ne l''sStp UP. n the minis, ana
Nh lur M i2IN uHly or tree cpnare
~ ~ "l'!"i9 WI 'A ~ me cnlnnriS |
', AZ, wa ~ Tht IHr s"l5 dpilar WiIt -
h'tpN'i or VII h' quoted or sold As !
in"'gi,E 81 nnouf l94 cents ~ the silver
ara sold VIII be quoted at lis commercial |
'd'uc'
,, - VS. con''inpl1te H"iale the ineyita-
=, en- II ! r'i'al what | say II would |
sl"id'c every contract Tor the payment OF |
~, & i,.''.t' SIN J"'luNrN' 40. lilr rr-
Sumption nei. which won't INTO operation |
on 'iidt uaY' proEldci Tor the payment in |
DoUl' on d'hlah L. OF an tWtcd states |
l"'rS resented Tor redemption. All forms |
o. ,' MONEY "neth OF silver. or gold. OF
l'"i,tlt W'l' lh''l H"lnNil"ei ht par with |
'dcH olp'r an nave been 50 nlaNlFatnrI !
ever fih'e. during all ms period gold |
ha ." yer CONS at par WIN each other |
i'lN hNtl iUe STANDARDS OF value of an |
loans contracts or purchases and the |
iMl OF th" nltrd Stnies WIS pledged |
l ,, Iheir innln,"nAara At parity with each |
vl'"F- NHnonSh sllN"f bullion declined |
IN market Nmu", the coins made from it |
nave ~ ga kept at par with gold at the !
i'-aI IA'l9 %, NJ To- ]. But If the free
"'llE oI sIlNcr Is tuthor2cd, then lie |
market value of silver bullion becomes |
me standard for payments ON an con-
,ii''lS lnIne IN ne past the pr at or |
We IutlWH. amt IL grains % standard |
silver worth now % cunts. cum. with free
q" mage, h. coired Into dollar upon the
This dollar is delivered A., a.. ,,,',,.'r -