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The Prohibition party in that year came out for the "free and unlimited coinage of silver and gold." A more significant sign of the times was the organization of the "People's party," which held its first convention and nominated the old Greenback leader, James B. Weaver of Iowa, on a free silver platform. The campaign was accompanied by labor disturbances of unusual extent and violence.
Not a bad idea; the head will serve for my new coinage, and be an omen to all dutiful subjects of my future success." He said this in his most gay, yet benevolent manner, and smiled, not disdainfully, but in playful mockery of himself.
Under his auspices, the affairs of the East India Company were considered and new charters granted; the Bank of England was erected; benevolent action for the suppression of vice and for the amelioration of the condition of the poor took place; the coinage was adjusted and financial experiments were made.
The formation of the Edison General Electric Company involved the consolidation of the immediate Edison manufacturing interests in electric light and power, with a capitalization of $12,000,000, now a relatively modest sum; but in those days the amount was large, and the combination caused a great deal of newspaper comment as to such a coinage of brain power.
At various times the scarcity of copper coins has given rise to extensive forgeries of them, and caused a considerable depreciation in their actual value, the false coinage being all of spurious metal. The gold which is found at Pictas, in Misamis, and at Mambalao, Paracala, and Surigao, is consumed in the country in ornaments, &c., and some of it is sent also to China.
Must a committee of the House of Commons, and our whole Privy-council go over to argue pro and con with Mr. Wood? To what end did the King give his patent for coining of halfpence in Ireland? Was it not, because it was represented to his sacred Majesty, that such a coinage would be of advantage to the good of this kingdom, and of all his subjects here?
The ancient coinage consisted of long thin oval obangs and shobangs, worth from two dollars to eighteen pounds each, square silver itzeboos, and square copper pieces, with a hole in the centre; while that which is taking its place is similar to European coinage, and is marked in English characters, and ornamented with Japanese devices, such as the phoenix and the dragon.
The Captain John Hull aforesaid was the mint-master of Massachusetts, and coined all the money that was made there. This was a new line of business; for, in the earlier days of the colony, the current coinage consisted of gold and silver money of England, and Portugal, and Spain. These coins being scarce, the people were often forced to barter their commodities instead of selling them.
They at once gave circulation to the rumor that the coinage of the Pope was of inferior quality. He was pointed out as a money-counterfeiter by the thousand organs of the infidel press. The people, grossly deceived, repelled with indignation, as if it were that of a robber, the likeness of the representative of justice on earth.
From figures of historic and regal importance Richard, Elizabeth, Mary to the pure coinage of imagination Dandy Dinmont, Dugald Dalgetty, Dominie Sampson, Rebecca, Lucy, Di Vernon and Jeanie how the names begin to throng and what a motley yet welcome company is assembled in the assizes where this romancer sits to mete out fate to those within the wide bailiwick of his imagination!
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