Rensselaer Union and Jasper Republican, Volume 8, Number 28, Rensselaer, Jasper County, 30 March 1876 — Silver Change. [ARTICLE]
Silver Change.
The passage of the Silver Resumption act through the House by so large a majority has surprised those who have not watched the change of public opinion on the silver question. The discussions of the last thirty days have developed facts and statistics which have an important bearing on the whole question, and set it in an altered light and one far more favorable to silver resurapticu. The facts in regard to fractional* leave nothing to be said by those who are opposed to replacing them with silver coins. The fractional* last only about a year. It costs about $1,250,000 a year to replace them with new bills. Some $9,000,000 have been lost or worn up by the people without redemption, which is a tax on them to that amount. Silver coin lasts fifty years, are seldom lost, and never burned up; and, though they cost more in the outset, are immensely cheaper in the end. The Government has $12,000,000 of these coins lying idle in the Treasury and $4,000,000 of silver bullion wailing for coinage. Silver is two per cent, less than greenbacks, owing to the demonetization of silver by Germany and the consequent throwing of a great quantity of it on the London market. A question in addition is not simpler than that presented to the consideration of Congress, so far as the replacing ol fractional with silver coin is concerned. But the House bill goes
beyond this, and makes silver a logaHeuder for any amount net ex ceedingsso. It practically resumes iu silver. And it is thought the will pass the bill with home important modifications, thus opening an unexpected way out of our financial embarrassments. Of course, this is not what the holders of greenbacks were promised. They have the nation's pledge for gold. They are fairly entitled to gold or its equivalent. But perhaps the making of silver a legal tender once more may prepare the way for and hasten the resumption in gold, which is the point towards which all Congressional measures should be directed. — N. Y. Graphic.
An adhesive oement for aquaria may be made by mixing equal .piths pf flowers of sulphur, pulverised sal ammoniac, and iron filings, with good linseed oil varnish, and then adding enough pure white lead to fiwm « firm, easily worked mass. 1
