Page:Coin's Financial School.djvu/27

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COIN'S FINANCIAL SCHOOL.
11

Then looking at young Medill, Coin asked him if he had answered his question. The young journalist turned red in the face and hung his head, while young Wilson muttered something about Englishmen owning the Tribune.


YOUNG SCOTT RETURNS.

Young Scott was seen entering the room; he was carrying in his hand a book. He stopped and addressed Coin, saying that he wished to apologize for his conduct, and was now here to stay if permitted to do so.

Coin told him that so long as he accorded to others the right to entertain views different from his, his name would be kept on the roll as a student at the "Financial School."

Thereupon Mr. Scott said: "I am informed that you have stated that silver was the unit of value prior to 1873; that this unit was composed of 371¼ grains of pure silver or 412 grains of standard silver. Now I want to know if it is not a fact that both gold and silver at that time were each the unit in its own measurement? And that we had a double measurement of values, which was liable to separate and part company at any time? And when the metals did separate, was not the effect like having two yard-sticks of different lengths? I wish to call your attention to the statute on page 213 of the book you read from where it says an eagle or ten-dollar gold piece is ten units. Does not this indicate positively that a gold unit was also provided for?"

And with this he sat down looking as proud as a cannoneer who has just fired a shot that has had deadly effect in the enemy's ranks.

Coin had nodded when the proposition of the unit