Descripción
In the last quarter of the nineteenth century one of the most vital issues in the United States was the debate between proponents of the gold standard and the backers of a silver coinage. Silver at one time had been valued, monetarily, higher than gold. That, of course changed. The United States government established a silver coinage. However, with the devaluation of silver, it was demonetized. In 1873 the remonetization of silver was back before the House of Representatives and the Senate. Citizens, most of whom had no real grasp of the complexity of the issue, feared that outstanding debts , based on a gold standard, would be paid back with silver, which had dropped below gold in value. /// This rare document, which was issued by The House of Representatives, contain a speech presented on February 21, 1878 before the House of Representatives by Solomon Bundy, who was the Representative for the 21st District of New York. His speech is titled, "Remonetization of Silver, Speech of Hon. Solomon Bundy, of New York, in the House of Representatives, February 21, 1878". It was printed for distribution in Washington in 1878. this is the original document, not a modern reproduction. /// Solomon Bundy was born in Oxford, Chenango County. He taught for a while (Likely at Oxford Academy) and then entered law, hanging his shingle in Oxford. Bundy was also a Justice of the Peace and served on the Board of Supervisors for Chenango County. Solomon Bundy was elected, as a Republican, to represent the 21st District of New York in the 45th Congress. He was the great-great grandfather of McGeorge Bundy, who was a high-level adviser to Presidents Kennedy and Johnson, especially in regards to the Vietnam War. /// TITLE : Remonetization of Silver, Speech of Hon. Solomon Bundy, of New York, in the House of Representatives, February 21, 1878. AUTHOR : Solomon Bundy, Republican Member of the U.S. House of Representatives, New York, 21st District. (1823 - 1889). IMPRINT : No publisher credited [United States Government Printing Office, House of Representatives]. PLACE : Washington, D.C. DATE : 1878. EDITION : First Edition. Historic Document; printed 12 page pamphlet, self-wrapped, sewn, 5 3/4" x 8 3/8". CONDITION . In very good antiquarian condition, with the following noted: Exterior has soft bumps to corner tips; shallow and near-negligible surface rumple ; two creases where the pamphlet had been folded. Weathering is negligible. The interior displays a touch of foxing and light smudging. There is a small pattern of staining at the foot of the leaf with pp 9/10 near the center fold. The thread binding the pamphlet is still secure. N° de ref. del artículo 80
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