Daily capital journal. (Salem, Or.) 1896-1899, 1898-01-12
l32 State st.
AN OPEN LETTER,

ILWACO, WASH, Jan. 4, 1897.
To The Editor of The Oregonian,
Portland, Oregon.
SIR;-December, Is, 1897, in your
editorial "Why Not" you state:
"This government is now sustain
ing in standard silver dollars, un-
coined billion represented by treas
ury notes, and subsidiary silver, a
silver stock of over S63l 100000, which
Without its stamp guaranteeing re-
flemption, would be worth less than
45 cents on the dollar"
qThe so-called monetary commission
In its preliminary report stating un-
der head of "Silver Currency" that
the parity of our silver dollars are as
sured "by the exchange OF gold for
tAem on demands,
Yourself and other goldltes have
reiterated such statements for years
until by many it mas been accepted
as fact.
But l brand it as false, and state
our standard silver dollar, and silver
paper are not maintained by any
"etamp guaranteeing redemption" "or
gold exchange" and defy you to give
the law and section authorizing such
redemption.
This question has repeatedly come
up in congress, and treasurer after
treasurer has stated that, "NeitheT
in law nor practice are standard sill
ver dollars or their legal paper rep
rese entatives redeemable in gold or
paper that is redeemable in gold"
But this knowledge has been sys-
tematically suppressed by the gold
Standard press, ct al and they with
Yourself, have persistently mot alone
by false logic, but with brazen false
hood endeavored to deceive the gen.
eral public.
Stop, and there will be no oc-
casion for these letters, but am afriad
IL has become second nature with you
by this time.
States senate "Resolyed, That the
secretary of treasury is hereby di'
rected to inform the senate whether
silver dollars or silver certificates
have been redeemed or exchanged fol
gold, and, if such redemption or ex-
change has been made, thereof"
TO which resolution the secretary
Of treasury replied, March %, 1892:
Prospecting redemption, or eX
change of silver dollars and certif-
Gates, have to state that the depart
ment has not redeemed silver dollars
on silver certificates in gold or golc
certificates, nor has it exchanged sill.
yer dollars or certificates for gold ol
gold certificates
Please refer to congressional rec
ord and subStantiate this.
The Public printer publishes the
above and following letter Cong. Rec
1893. Vol. 25 part 3. page 249 appen
dix
TREASURY DEPARTMENT, |
Dec. I, 1892.
"MY DEAR SIR;-I have your favo
of December I, beg to inform yol
that silver dollars are not in law o
ia practice exchanged for gold or 70
paper chat calls for gold.
every respectfully yours,
"CHAs. FOSTER"
VIII you dare to dispute this eyi
dence? Was there ever falstier OF
Earth your equal? Carlisle is one q
your idols. read this extract:
TREASURY DEPARTMENT,
October II, 1893.
''The President of the Senate:
II have the honor to acknoWledg
receipt of resolution, adopted by Tn
Senate on the 9th inst.
In response thereto l have TN
honor to say, that the law provldln
for the redemption or exchange {
Silver certificates, which requires tina
such certificates shall be redeemed {
Exchanged in kind, or for standar
Silver dollars, has, so far as this de
partment has information bee
Strictly complied with by the trea
urer of the United States and tL
various subtreasury offices, and q
gold coin has been given in return fC
such certificates or standard silv(
dollars.
Respectfully yours,
81. G.. CARLISLE"
Mark well these statements, tho
reincarnated Ananias.
In past wears our silVerd ollars hay