Idea of the Week

Western silver Senators, always in there thinking of ways & means to force the U.S. to use more silver at the over-inflated legal price of 71.11¢ per oz. (see p. 73), came up with a new gag last week: a silver "one-bit" piece, worth 12½¢. The reason they gave was the alleged "danger" that dime-priced articles might soar to 15¢ for lack of an intermediate coin. Despite the "danger," the Treasury, mindful that eight billion pennies are in circulation, kept cool.


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