Recollections of Forty Years in the House, Senate and Cabinet An Autobiography.

CHAPTER XXII.

Chapter 25104 wordsPublic domain

OUR COINAGE BEFORE AND AFTER THE WAR. But Little Coin in Circulation in 1869--General Use of Spanish Pieces--No Mention of the Dollar Piece in the Act of 1853--Free Circulation of Gold After the 1853 Act--No Truth in the "Demonetization" Charge--Account of the Bill Revising the Laws Relative to the Mint, Assay Offices and Coinage of the United States--Why the Dollar was Dropped from the Coins--Then Known Only as a Coin for the Foreign Market--Establishment of the "Trade Dollar"--A Legal Tender for Only Five Dollars--Repeated Attempts to Have Congress Pass a Free Coinage Act--How It Would Affect Us--Controversy Between Senator Sumner and Secretary Fish.