Year: 1878

silver without seeming CO huo" ~ LAO
been undone so far as appears practi-
cable, National finances are evidently
fated to hold the prominent position
they have come to occupy among the
many subjects of National import dis
cussed in and out of Congress, till the
end of the session The purpose OF
the inf hltion element to force the adop-
ton of their views through legislation,
becomes more and more apparent.
The enactment of the free coinage feat
ure of the Bland bill emasculated by
the Senate, the repeal of the resump-
ton act, and the issue of greenbacks,
backed by the national faith "to an
amount equal to the wants of business
and trade" and to be, like silver and
gold, receivable for all dues to the
Government and individuals are narts
OF the programme now openly advocat-
ed. All disguise is being stripped off,
and the original supporters of the
Bland bill who refused to vote for con.
currence, have come to be recognized
as distinctive faction working to &C.
complish unlimited imitation. In view
of the many weeks-mouths indeed
devoted to an exhaustive investigation
of the silver question in all its bearings,
the complaint that the House and SEN
ate acted discourteously to the Presl-
dent seems ill-iounded. Nothing was
to be gained 10y delay and the mails
and telegraph lines were burdened with
messages urging, imploring or peremp-
torily demanding the immediate dispo-
sition of the matter both that business
interests should be relieved of the pa
ralyzing effects of doubts and uncer-
tainty and that other matters of mo-
mentuous Importance might be reached
The chief objection urged by Vice
President Wheeler is said to arise from
the feature of the bill making the In
terest on bonds payable in silver when
the dues collectable by the custom
houses in gold were pledged to that
purpose and hence, to that extent the
bill amounts to practical reputation.
Sec'y Sherman is Disappointing many
Of his critics by orders to the mints to
at once prepare for vigorous work In
carrying out the provisions of the bill;
and there appears no valid ground for
supposing that he is not acting in en-
tire good faith in the premises. DR..
Linderman is of the opinion that by
next month the mints will be able to
undertake the coinage of $4,000
their full capacity at present.


The new coin will have on its OBJ
verse side the head of the Goddess of
Liberty, with wreath of wheat and
cotton leaf entwined in the full flowing
hair, and wearing cap, upon which is
inscribed the word "Liberty." Imme-
diately over the head in semi-circle
"E Pluribus Unum'' in Roman capi-
tails while the balance of the circle is
composed of l3 stare, and at the bottom
is placed the year of manufacture.
The reverse side shows what is known
in heraldic terms as the displayed eagle
with the wlng-tips up, an olive branch
in the right talons and arrows in the
left, the bird encircled ky a laurel
wreath, and Immediately over its head
is the motto "In God We Trust" and
still above that the words limited
States of America" while just beneath
the laurel are the words "One Dollar"


Under the provision of the silver
bill; the President is instructed to in
vite "the countries composing the
Latin Union" France, Switzerland,
Italy, Belgium, Greece and Bulgaria.
and such other countries as he may
deem proper to join the United States
in adopting common ratio between
gold and silver, SO as to determine the
proper weight of the silver dollar. It
is thought Russia and Austria will be
invited to participate and perhaps some
others. Wood and the members of his
Committee to revise the tariff, seem to
have got just far enough in their work
to make their incompetency ridicu-
lously apparent. They are understood