Speech of Hon James B Beck of Kentucky On His Resolution to Require the Gold

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Speech of Hon James B Beck of Kentucky On His Resolution to Require the Gold
James Burnie Beck
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In the face of these official facts and figures as to our trade, and ex- ports and imports of gold and silver, and the comparative purchasing power of the silver dollar now and in 1870, I repeat: Why shoul
...d it be stricken down, or its purchasing power further increased 20 per cent, by adding 40, 50, or any other number of grains to its weight? In other words, why should every producer and debtor have to give 20 per cent, more of the products of his labor to obtain either a new silver dollar or gold coin with which to pay his debts than he does now, when he is already paying his obligations according to the terms of his contract in a coin which will procure for its owner much more of all he needs than it would in 1870 ?

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