Equanimity Test in Hayes Era Over Silver Remonetization
The article reports President Hayes losing equanimity over the Returning Board controversy and Senator Hill’s remarks. It discusses Blaine’s stance on legal tender and silver, New York market silver glut, and concerns about a silver bill affecting debts, with mentions of Kellogg Packard and various Democratic and Republican figures and financial lobbying.
MENTIONED IN THIS ARTICLE
Hayes
Ben Hill
Senate
Blaine
New York
Pittsburg
Cleveland Herald
Kellogg
Packard
New Orleans
Louisiana
George Williams
Friends of
Astor
Mexican Affairs Meeting on Recognition and Border Raiders
A House Committee on Foreign Affairs session at the State Department discussed U S recognition of Mexico and conditions for settlement of disputes. Secretary Evarts and Minister Foster spoke on guarantees for adjustment while Vallarta urged unconditional recognition and equality in trade talks, with Foster noting raids on the Rio Grande and the need to quell raiders before any treaty enforcement.
MENTIONED IN THIS ARTICLE
Committee On Foreign Affairs
Department of State
Evarts
Foster
Mexico
Diaz
Senor Vallarta
Rio Grande
Texas
United States
Mexico proves silver standard cripples trade and finance
Mr. Foster reports from Mexico that silver as unlimited legal tender under a bimetallic system keeps gold out of circulation. The Mexican dollar, worth more than the old standard, makes checks costly to cash, inflates exchange rates, and hampers travel and commerce. Foreign drafts rise to 8 to 18 percent, with price fluctuations tied to London bullion.
MENTIONED IN THIS ARTICLE
Foster
Mexico
Republic
New York
London
Europe
United States
Memphis
New Orleans
Liverpool
Garfield Tariff Views and Cobden Club Letters
Reflected in a January 21 1878 dispatch from Washington Garfield explains his Cobden Club membership and his tariff stance. The letter quotes his 1870 tariff speech and defends misrepresentation by extreme opponents while noting broader political and religious commentary.
MENTIONED IN THIS ARTICLE
Aletter
Garfield
Cobden Club
Shinn
Brownsville
England
Cohen Club
London
Charles Sumner
William Lloyd Garrison
Henry Ward Beecher
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