Word: j
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Dates: during 1880-1889
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PRINCETON, N. J., April...
...Prof. J. B. AMES...
...Prof. J. B. AMES, "Harvard Law School, "Cambridge, Mass...
...J. M. Perkins, '92, opened for the negative. Silver, he said, has driven gold out of every country that has at any time in its history adopted the less precious metal as a monetary standard and we have no right to assume that the contrary would be the case here. The class, moreover, that wants free coinage is so small that to protect it is to encourage a monopoly. The United States has made several attempts to induce other countries to enter into an agleement fixing the relative value of gold and silver, but these efforts have been entirely fruitless...
...J. B. Scott, '90, consented to take the place of the absent speaker on the affirmative. He said that from Captain Kidd's day to the present silver had been the people's money. Miners on the whole do not make money, and therefore it cannot be objection-able to protect them. Mr. W. Wells, '90, closed the debate. In 1878, he said, the New York Clearing house refused to accept silver dollars except at their real value. A panic was only prevented by the passage of a law compelling national banks to receive the silver dollar at its face...