Show Alto his little ill lib feb 24 2 windom w was a bifora 11 it the he house committee on coinage weights anil and measurer me asuree for the purpose of having an interchange of opinion on the tile subject of silver cuin coin aye age the members of the tile c om ommittee mitlee he ile declared ali blared that lna ilia bill was I 1 framed rallied to meet in the best way he could devise the tile present financial con it ilion of the country lie ile cleav lira vowed owed all charas that the bill wai wag a makeshift that ita its author did not believe in in it and still that it nag was brought forward to defeat some other measure lie ile said lie was really a strong friend of although some people did not think BO so and he vaa anxious for some rome demure inea eora that will enhance ita its value 1 I I 1 r windom took up the objections raised T against theall the all I 1 die lie first difficulty was that of excluding foreign ores to meet this he be P prepared an amendment to add to the first tat section making it the tile duty of collectors of customs to stamp on every bar of silver bullion imported the bvrd foreign it also makes it the duty of every assayer or refiner in the united slates states or any other person or firm who ito may receive bars of silver s stamped camped foreign 11 in ill cage case buch buell bars are re melted melted or refined to stamp the resulting bars foreign in case bars of silver stamped foreign are re melted or refined with silver productions of the united it shall be t the he duty of such assayer or refiner to stamp on the silver bars an amount which will be equivalent to the amount of foreign silver re melted or refined the word foreign the same rule shall ar apply to foreign silver coins penalties are provided for failure to stamp bars or lor for rem removing 0 ving the stamp to prevent iden identification thin sha shall prep I 1 not apply to silver extracted from imported on orts a by processes of smelting smelling sm elting amalgams amal gama gaina lion tion and lixi or in process used in ili the knitel united saies baies concerning ased title objection to the tile sixth section authorizing the secretary ecret tary ary to suspend the r receipt eu eidt of silver bullion when sat satisfied th that the tile price is arbitrary lie the secretary said so far as speculative power i ii concerned ilia powers the secretary now hai jim are greater than those conferred on him by the bill if the bil bill 1 is p passed a the price of silver would in his hi 8 opinion I 1 advance steadily and arid rapidly an excellent feature ito however hesed in the tile secretary would be its deterrent on oil speculation in silver and it was with reference to preventing this rather titan any expectation of rising it that it would be propose 1 ite ile however would leave it to alie committee in speaking as 89 to lie tile object of the tile bill that it ade a commodity of silver and degraded ad it from a high use ai as money metal the secretary said lie thought this a sentimental objection lo 10 R it 1 was I 1 the is purpose not dot to degrade degrade silver but to bring it up as 88 nearly as be could be to an equality with gild lie ile was convinced that the measure would w 0 uld meet with the tile needs of the situation without endangering the interests of the tile country and would absorb the surplus silver and thereby put up tip the price certainly and rapidly in answer ti a question by couper Conger he lie said thera there was not any reasonable objection to including gold gola in the first section of the bill to T benefit the I 1 ii i of filver prod was as not hie ills only motive in the tile bill lie believed in a ding everybody the measure n fleeced fleeted eted he ile thought the wheat raisers of the c unity were me mc rn rot inter sled than tile silver people for fr firmi farmer r wim wi M ifal heavy inar losers on account of in ver and the operations of the bill would oil it I 1 tend ten ti to r raise aise the prices of larm farm productions frea free coinage coi windom said would reduce silver balow glow ita its present value the tile present bill would increase the circulation in this country to the ellent of annually |