I have already said that the subtreasury will reduce the quantity of money in circulation.
I repeat, then, that by the subtreasury the revenue is to be collected in specie.
The receipts of subsidiary counterfeit coins at the subtreasury at New York have been in recent times inconsequential.
We'll pool issue, and say, we'll make those Federal Oil pikers think we've gnawed a corner off the subtreasury.
The question of the continuance of the subtreasury system is respectfully submitted to the wisdom of Congress.
But, again, by the subtreasury scheme the revenue is to be collected in specie.