A Trip to the RockiesCorwin, B. R. (Benjamin Ryder)
History
A Trip to the Rockies
Corwin, B. R. (Benjamin Ryder)
United States -- Description and travel
Mr. Knox was frequently applauded. Then Mr. Sneed again came forward.
“Gentlemen,” he remarked, “I had not intended to say any thing more on
this subject; I am not going to make a speech. But my friend Mr. Knox,
known to all as a man of the very highest character--and I say that
there is no man among those who compose this body for whom I have a
higher regard; I have served with him in these conventions since their
organization; I know him not only to be fair and generous and just,
but he is more, he is a man--and I say it without disparagement to any
other man in this convention--who has given this subject and other
subjects of finance his most careful consideration. But we are all
inclined to run in a groove; it is natural. And I believe that Mr. Knox
is just as honest in his view on this question as I am in mine. But Mr.
Knox is a monometallist. Mr. Knox believes there ought to be but one
coin, and that gold. Now a great many, and very great many men in this
country believe that; but I tell you, gentlemen, the time will come----”
Mr. Knox: “If the gentleman will allow me, I wish to make the statement
that I am not a monometallist in the sense which he means. I wish to
remain on the gold standard, but nevertheless I am willing to agree
to as free a use of silver as possible, while still maintaining
that standard. I am willing to increase the coinage of silver from
$2,000,000 to $2,500,000 per month. But I want the silver certificates
which are based on the silver dollars to always remain so close to the
value of the gold dollar that no man, rich or poor, can hereafter lose
any thing by their depreciation.
“I want this silver certificate to be always worth 100 cents in gold.
I believe in a single gold standard, supplemented by the use of all
the silver dollars that can be kept at par in gold. This is not
monometallism in the sense used by the gentleman, who would give the
impression that I am against the use of any silver whatever.
Public-domain text, read in full here on John Shaqi.
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