The War With Spain, Stand by the President
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Olmstead, Marlin E.) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from The War With Spain, Stand by the President: Speech of Hon. Marlin E. Olmsted, Delivered in the House of Representative, Wednesday, April 27, 1898 The House being in Committee of the Whole on the state of the Union, an(3 having under consideration the bill (H.R. 10100)to provide ways and means to meet war expenditures - Mr. Olmsted said: Mr. Chairmax: The distiguished gentleman from Ohio (Mr. Lentz) who has just taken his seat has informed this House and the country that a gold dollar held in front of the eye obscures everything else from sight. All the iniquities which he claims to have discovered in this war-revenue measure he attributes to that fact. I would suggest for his consideration the proposition that for properties of obscuration the honest little gold dollar is not comparable to the free silver coinage theory which proposes to impose upon the country silver dollars worth 45 cents each. The 45-cent silver dollar held up before the optics of gentlemen upon the other side of the House seems to shut out and utterly exclude those rays of common sense which if permitted to enter would at once show the wisdom of the propositions contained in this bill. It proposes that a part of the revenue necessary for the conduct of the war with Spain shall be raised by present taxation, and the balance by the issuance of 3 percent bonds. Against this latter proposition the gentlemen who have spoken to-night upon that side of the House have particularly urged their strenuous, vehement, and unreasonable objections. I venture the suggestion that if this bill provided for the free coinage of silver, and made the bonds payable in silver dollars, which, at the present market price of that commodity, would be worth about 45 cents each, not one of these objections would have come from that side of the House. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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