Democratic Northwest and Henry County news. [volume] (Napoleon, O. [Ohio]) 1894-1905, 1896-08-13

A
On the Democratic side of this
same house Of Representatives and
voting in favor Of this same resolu-
tion, we find the Hon. Hilary A. Her
bert, the present secretary OF the
Navy. Also, the Hon. John G. Car
Isle, the present Secretary of the
Treasury. he voted that the bonds
could properly be paid IN silver dol
lars. He stood shoulder to shoulder
with Joe Blackburn in favor Of the
resolution. 1t will be observed that
among those who supported this res.
olutlon were two men who subse.
quently became members OF the
United States Supreme Court, name
ly, David Davis, of ILLINOIS, and
Stanley Matthews, of Ohio. 1t will
also be observed that 1t embraced the
names of two gentlemen who subse-
quently became Secretaries of the
Treasury, namely, Charles Foster, of
Ohio, and John G Carlisle, of Ken
lucky, and and who afterward toed
the chalk line made by the gold ring
as obediently and submissively as
the camel stoops to receive its bur-
den.
The resolution was debated for
nearly two months, and all the influ.
eDce of the money power and of the
Hayes administration. with John
Sherman as Secretary of the Treas.
ury, was brought to bear against it.
1t was legal proposition. The pre-,
amble constituted at once statement
Of the case and an Irresistible argu.
ment. And with all possible light
thrown upon it we have seen that it
passed the Senate and the House of
Representatives by more than a two.
thirds vote in each House.
The following is another important
record: On the 5th of November,
1877, the House of Representatives
passed bill to authorize the free
coinage of the standard silver dollar
and to restore its legal tender char
acter. This bill provided for the re-
storation of the law of 1887, provid-
ing for the free coinage of silver,
which had been repealed by the act
of 1873. 1t provided for the free
and unlimited coinage of silver at
the ratio of sixteen to one without
any conditions whatever, on the same
terms as gold bullion is coined; and
it repealed all conflicting laws. On
the passage of that bill the votes
stood l63 yeas; 81 nays, and not
voting SO. Among those who voted
in the affirmative we find the names I
the Hon John G. Carlisle, the present
Secretary of the Treasury, Hon.
Jacob D. Cox, OF Ohio, the Hon.
Charles Foster, afterward Secretary
of the Treasury; Hon. A. Herbert,
present Secretary of the. Navy, and
Hon. ]. W. Keifer, afterward Re-
publican speaker OF the House of |
Representative, and the Hon. Wm. |
Mckinley, who was marked ana |
branded with the gold standard trad g
mark at the St. Louis convention
last month as the Republican "sound
candidate for the presidency. |
This bill was amended in the SEN
ate to conform to the wishes of the
Wall street gold fraternity, The
provision free coinage was stricken
out, and substitute known as the |
Allison amendment, was inserted,
under which the Secretary Of the
Treasury was instructed to buy silver |
bullion enough to coin not less than |
two millions nor more than four |
millions of standard silver dollars per |
month. OF course, all the silver
bullion owners we're thus thrown into |
competition with one another for the |
sale of their bullion, and the lowest |
price at which 1t was offered was the |
price paid The bill degenerated
from a public measure for the public |
good, under which silver would have
been restored to its former place as a
money metal like gold, and silver |
was thrown under foot to be trampled
out in a struggle for the sale of a
limited quantity per month. How
men voted on this amendment is of |
small consequence, but We know that
the bill, in its unadulterated form, |
providing for the free coinage now
demanded by the Chicago platform, |
receieved the willing votes Of John
G. Carlisle, Foster and William Nc
Kinley. This was FIVE years after the |
demonetization of silver and when it |
had been as thoroughly debated as
any measure that had ever been acted |
upon upon in Congress. 1t was
passed more than eight months after
Mr.. Jones, of Nevada; had submit
ted his learned and exhausted report
Of the Silver Commission, created
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