Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1900-03-02

Before the bill passed member OF
the committee which had the bill in
charge stated that Ernest Seyd. OF
London. a distinguished writer and
bullionist, who is now here, has given
great attention to the subject Of mint
coinage"
After having examined the first
draft of this bill he made various SEN
sible suggestions, which the committee
adopted and embodied in the bill.
As Earnest Seyd is an interesting
and important character in this con-
|spiracy we will follow him to London
and see what he has to say about his
missionary work in America.
In 1892 Frederick A. Iuckenbach, a
former member of the New \ ork Stock
Exchange, made an affidavit in which
the following statements occur:
ssIn 1855 I visited London, England,
for the purpose of placing there Penn
sylvania oil properties in which | was
interested. I took with me letters OF
Introduction to many gentlemen in
London, among them one Mr.. Ernest
Seyd, from Robert NJ. Faust, ex-
Treas arer of Philadelphia. l became
well acquainted with Mr.. seyd. who,
I understand, is yet living.
II visited London thereafter every
year, and with each visit renewed my
acquaintance with Mr.. Seyd. In Feb
ruary, 1875, while Oh one of these visits
and while his guest at dinner, l, among
other things, alluded to rumors afioat
of Parliamentary corruption, and ex-
pressed astonishment that such cor
ruption should exist. In reply to this
be told me he could relate facts about
the corruption OF the American Con-
gress that would place it ahead of the
English Parliament in that line. After
dinner he invited me into another
room, where he resumed the conver-
sation about legislative corruption.
He said: If you will pledge me your
honor as gentleman not to divulge
what am about to tell you. while l
live, will convince you that what l
said about the corruption of the
American Congress is true l gave
him my promise, and he then contin-
ed: I went to America in 1928, au-
thorized to secure, if could, the pas
sage Of a bill demonetizing silver. 1t
was to the interest of those whom l
representative Governors of the
Bank of EngIand-to have it done. l
TOOK with me $5OO,0OO, with instruc-
tions if that was not sufficient to &C
complish the object, to draw for an
other $500, 900. or as much more as
was necessary. saw the committees
of the House and Senate. and paid
the money, and stayed in America un-
til I knew the measure was safe. Your
people will not now comprehend the
far reaching extent of that measure,
but they will in after years. What
ever you may think of corruption in
the English Parliament, l assure you
I would not have dared to make such
an attempt here as I did in your
country"
Such is Ernest Seyd's confession;
such the history of the ''erime of 1875"
such the way in which the standard
dollar was dropped from our coin
age. And now they insist that the
law passed by the intrigue of English
capitalists must not be abolished
without the consent of those same
conspirators, and as further clincher
of that nefarious law now seek to pass
a bill fixing the gold standard as the
measure of all values of barter among
the people of the United States. En-
larging the sphere of bank corruption
and handing over to them the entire
function OF supplying money to the
pc ople, as Mckinley said, Cheap coats,
cheap labor and scarce money"