The Gold Standard Its Causes Its Effects And Its Future

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Silver has this. ' " Gentlemen will observe that this letter was written several months after the writer's signature had given the force and effect of law to the bill which prohibited the further minting of the kind of coins he expected the people to hoard.
"Let me, in passing, say that the statement of Mr. McNeely, of Illinois, which has been so often cited as though it discredited my word, that the bill had been read line by line and paragraph by par- agraph in the committee, has my endorseme
...nt. It is true as to the original bill. Hence it was that I admitted, as I so long and fre- quently did, that I had reported a bill which demonetized the standard dollar, and that I continued to believe that that provision had escaped my notice, until my friend who sits before me, the gentleman from Illi- nois (Mr. Fort) investigated the subject from the egg up and brought me the bill I had reported, retaining the standard dollar, together with a Senate bill which had been substituted for it, which changed a sec- tion and omitted it.

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