This historic book may have numerous typos and missing text.
Purchasers can usually download a free scanned copy of the original
book (without typos) from the publisher. Not indexed. Not
illustrated. 1915 edition. Excerpt: ...of which assembled in March,
a free coinage measure, reported by A. J. Warner (Dem., O.), passed
the House by 114 to 97, 6 Republicans favoring and 8 Democrats
opposing it. An attempt to limit the coinage to domestic product
was defeated by 105 to 130, and one to provide for a 460-grain
dollar by 52 to 176. A proposition to make gold and silver
certificates legal tender was negatived by 73 to 135. In the Senate
the free coinage bill was sent to the Finance Committee, from which
it was reported adversely by Senator Bayard at the following
session, and a resolution by Senator Vest (Dem., Mo.), declaring
free coinage necessary to supply the needed volume of money, was
sent to the same committee, for burial, by a vote of 23 to 22, 4
Eastern Democrats voting with the majority. The House passed a
resolution, by a vote of 143 to 79, with considerable support from
the Republican side, directing the Secretary of the Treasury to pay
out the silver dollars in the Treasury the same as gold. A bill was
passed at this session (June 9, 1879), for the redemption of
subsidiary coin in lawful money and for its issue in exchange for
lawful money in sums or multiples of $20. This action was due to
the existence of a troublesome surplus of such coin caused, not by
excessive coinage, but by the return from abroad of pieces of the
old coinage banished during the war period. At this time a bill
proposing a solution of the silver question by the minting of a
"goloid" dollar containing both metals, was favored by Stephens
(Dem., Ga.), formerly Vice-President of the Southern Confederacy.
It proposed, also, to adopt the system for international use by
coining a four-dollar piece. The measure, however, never got beyond
the connnittee stage. In his report...
|Country of origin:
Alonzo Barton Hepburn
||246 x 189 x 10mm (L x W x T)
||Paperback - Trade
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