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Boutwell sends a letter, enclosing a copy of his speech on the Crime of 1878
Autograph Letter Signed: "Geo: S Boutwell", 1p, 8x10. Boston, 1901 September 5. To Louis R. Ehrich, Esq., Colorado Springs, Col. In part: "I enclose a copy of my speech on the Crime of 1878. At the time of its delivery I sent a copy to Bryan, and a copy to each Senator. The charges were never repeated in the Senate. Senator Morrill informed Senators that if any hostile reference was made to the act of 1878 he would read my speech in the Senate. Thus the controversy ended…." The Act of 1878 required the U.S. Treasury to purchase between $2 million and $4 million worth of silver bullion each month at market prices. This was to be coined into silver dollars, which were made legal tender for all debts. At the time when Congress was discussing this bill, an eight member commission, including Boutwell, was appointed to investigate the causes of the change in the relative value of gold and silver, the effects upon trade and to report on the policy of restoring the double standard in the United States. Boutwell, Grant's Secretary of the Treasury from 1869-1873, was U.S. Senator from 1873-1877. Toned and lightly creased. Multiple mailing folds. Notches at left edge. Otherwise, fine condition.


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Born: January 28, 1818 in Brookline, Massachusetts
Died: February 27, 1905 in Groton, Massachusetts

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