THE COLUMBIAN, BLOOMSBURG, PA. 3 BUOKiLEW OH SILVER- CONTINUED. coin, shall not exceed $5,000,000." Ami, to facilitate silvcrite assent to this amendment, two sections were added to the bill : one providing 'for an international conference on silver coinage! and the other thai any person might deposit silver coin authorized by the act in sums not less than ten dollars each and obtain therefor certi ficates of not less than ten dollars each corresponding with denomina tions of United States notes, and that the coin so deposited should be re tained in the treasury for payment of the certificates. The bill in its amend ed form being sent to President Hayes was vetoed by him ; but, upon recon sideration, was passed over his veto by a two-thirds vote in each house of congress, on the 28th of February, 1878, and so became a law. An argument greatly pressed by the advocates of the Bland bill was that if the government took silver bullion freely and coined it freely both its commercial or market price and its merit as a coin in parity with gold would be maintained: it would form valuable currency for use by the people and at the same time perform with gold the function of a legal standard for all commercial ana monetary transactions. How illusory jhese expectations were is shown by results. Although the government has pur chased silver and coined dollars by hundreds of millions, yet the price of silver has greatly fluctuated year by year, showing on the whole a steady and sure decline in value until a point of extreme depreciation was reached, in 1894, which startled and troubled every commercial country of the world. The rates of decline, will be shown hereafter in the present paper. THE SHERMAN ACT. So called Sherman Act was in fact a sunnlement to 'the Bland Act of 1878, repealed the provision of the former statute which provided for a purchase of not less than 2,000.000, nor more than 4,000,000 dollars worth of silver bullion per month and coining the same into silver dollars as therein provided and substituted therefor the following : " That the Secretary of the Treas ury is hereby directed to purchase, from time to time, silver bullion to the aggregate amount of 4,500,000 ounces, or so much thereof as may be offered in each month", at the market price thereof, not exceeding one dollar for 371.25 grains of pure silver, and to issue, in payment for such purchases of silver bullion, treas ury notes of the United States to be nrenared bv the Secretary of the Treasury, in such form and of such denomination, not less than one dol lar nor more than $1,000, as he may prescribe, and a sum sufficient to carry into effect the provisions of this Act is hereby appropriated out of any money in the treasury not other wise appropriated." The second section of the act pro vided : -'That the treasury notes issued in accordance with the provi sions of this act shall be redeemable on demand, in coin, at the treasury of the United States, or at the office of any assistant treasurer of the United States, and when so redeemed may be reissued ; but no greater or less amount of such notes shall be out standing at any time than the cost of the silver bullion, and the standard silver dollars coined therefrom, then held in the treasury, purchased by such notes ; and such treasury notes shall be a legal tender in payments of all debts, public and private, ex cept where otherwise expressly stipu lated in the contract, and shall be receivable for customs, taxes, and all public dues, and when so received may be reissued ; and such notes, when held by any national banking association, may be counted as a part of its lawful reserve. That, upon de mand of the holder of any of the treasury notes herein provided for, the Secretary of the Treasury shall, under such regulations as he may pre scribe, redeem such notes in gold or silver coin, at his discretion, it being the established policy of the United States to maintain the two metals on a parity with each other upon the present legal ratio, or such ratio as may be provided by law." Sec. 3. "That the Secretary of the Treasury shall each month coin 2,000,000 ounces of the silver bullion purchased under the provisions of this act into standard silver dollars until the 1st day of July, 1891, and after that time he shall coin of the silver bullion purchased under the ' I'M f 1 If 1 M M ' colic, and all the ills of baby-hood. Mothers, do not let vour child suffer Sy ru p will give Instant relief. Price only 25 cts. ChtwLANCE'8 PLUGS, The Great Tobacco Antidote, lOo. Dealer r null.A.C.Merer Co.,allo.,Md provisions of this act as much as may bt necessary to provide for the re demption of the Treasury notes here in provided for, and any gain or seigniorage arising from such coinage shall be accounted for and paid into the treasury." The remaining sections of the act are not of importance in the present review of the action of Congress upon the silver question, and arc therefore omitted. But I have been thus care ful in giving the material parts of this most unwise and disastrous statute, in order that the bearing and force of observation hereafter made thereon, accompanied by statistical informa tion shall be well understood. DOLLAR COINAGE. The provision of the Sherman Act for purchasing silver for dollar coinage was repealed by act November ist, 1893 as the result of an extra session of Congress with protracted debate, and since that date very little addition has been made to our stock of dollar coins, but the aggregate result of such coinage since February 28, 1878 up to 1 st of November, 1895 is shown by the Mint Report for the latter year and is as follows : Under Wand Act of 1S7S, ,37S, 166,793. under Miertt.an Act 01 Injo, 40,041,0.14. Kecoiniwe of Trade dollars Act of 1S91 5,078,472. Total 423,289,309 At tne same date, November 1st, 1895, this great amount of dollar coins was held or distributed as follows : In treasury, held for certificates or notes issued, $342,400. C04: in treas ury, not so held, $22,2C.7n; in cir culation, $58,354,092, from which it appears that less than one-seventh of the whole amount was outside the treasury, in circulation among the people. If it be said that silver dollars have increased in circulation in recent years and will largely increase here after, it may be answered that good evidence contradicts the assertion. In the annual Mint Report of 1895, we have the totals of silver dollar coin of the United States on the first of November of each year from 1886 to 1895, (both years inclusive) and the amount of silver dollars in circulation at the same date of each of those years from which it appears that while the coinage of silver dollars increased from $241,000,000 to $423,000,000, the amount of silver dollars in circula Hon actually decreased. The de crease was still greater on the first of April, 1896. The figures are as follows : Total dollars. In circulation. 18S6, $244,433,386. $61,502,155 1887, 277,110,157. 62,934,625 :8S8, 309-750,890. ' 59.77M5Q, i8S9, 343,638,001. 60,098,480. 1890, 380,988,466. 65,709.564. 1S91, 409,475,308. 62,135,461. I00.2, 416,412,835. 61,672,455. 893, 419.332.S50- 58,725,818. I&94, 421,776,408. 50.443,670. 1895, 423,389,309. 5S.354.092. Ap. 1 '96, 426,289,916. 54.792.752 It is thus made evident that circu lation for silver dollars cannot be ob tained beyond a maximum of about sixty million although energetic efforts were put forth during a series of years to promote their distribution as cur rency. The treasury department and the national banks have been in par ticular engaged in this effort with the result we have seen. The size and weight of the siKer dollar is an obstacle to its circulation and use for large payments, or in any considerable quantity, for the redemp tion of paper currency. Containing 41 2A grains (including one-tenth of alloy,) it weighs about seventeen dol lars to the pound, avoirdupois, from which it results that the mass now in the treasury inert, and unused, amounts to more than ten thousand nine hundred tons ; and if those dol lars were placed against each other on a straight line, their length would exceed the diameter of the earth. It mav be added that the unrepeal ed provisions of the Bland and Sher man acts, tor holding a great part 01 the coined dollars in the treasury for redemption of silver ccrtincates am! treasury notes, is practically deceptive and inoperative. For the holder of such certificates and notes will not present them for payment in such coins, not only because the coin is inconvenient for use and cannot in quantity be passed into circulation but because the certificates and notes are themselves much better for cir culation and use. For being receiva ble for customs, for all taxes and public dues, and the later ones, legal tender for all debts public and private they are as available to the holder as other forms of treasury obligations, They do not ami will not take the X) gnosis r& dollar coin out of the treasury, or produce their distribution among the people. TOTAL OF SILVER. The subsidiary coin on ist of April of present year, namely half dollars, quarters and dimes, amounted to $78,- 216,077 of which amount $15,246,- 374 was in the treasury, and $62,970, 303 in circulation. There was also on hand in the mints and assay offices of the United States on the ist of November last, silver bullion costing the government $124,921,500 liable to an increase in its nominal value of perhaps two-fifths if coined into standard dollars. But adding together the subsidiary coin and bullion just stated and the $426,288,916 coined dollars, before mentioned, we get a total stock of silver amounting to $629,426,893 of which only 117,763, 055 were in circulation as dollars and subsidiary coin. Before the war of the rebellion it was understood that 50,000,000 of subsidiary coin fairly supplied the demand of the country for change and small payments, but with increased population and active intercourse among our people the amount is now considerably increased. This demand is fully met by the government, with a respectable reserve 111 the treasury. In fact there is no difficulty and no dispute about supplying any popular demand with those coins and the mints and the treasury are competent to make, and authorized to furnish such supplies, and as to silver dollars, we have ascertained by trial and experience, that under existing condi tions the country can take and use about 60,000,000 which sum with a reasonable reserve, a prudent govern ment will be careful to provide. So also if the policy proposed by me in the Senate when the national banking act was under consideration during the war, of prohibiting the issuing of small notes, should be adopted, there could be an enlarged circulation of coin dollars to supply the place of such notes. 1 hat is a question for the consideration of those entrusted with the enactment of our laws i but it is perfectly plain that the principal means by which coin dollar circulation can be extended, is to it'tire one and two dollar currency notes. Beyond the limit of silver purchase and coinage by government here indicated, it will be difficult to go and stand -upon sure ground. Shall we buy or coin silver to enable those who produce silver to make money ? Shall we issue treasury notes based upon depreciated treasury silver and virtu ally redeemable in silver alone ? DECLINE OF SILVER. For more than twenty years silver has been declining and fluctuating in commercial value, earning for itself the title unsteady, and disturbing all the markets of the world. In the year 1873 the silver contained in our standard dollar was intrinsically worth 1 00 cents and a slight fraction over but between 1873 and 1878 both years inclusive the average value of the dollar was 94 cents. Those six years were followed by the era of the Bland and Sherman acts extending over a period of fifteen years, to the close of 1893. The silver dollar in 1879 was worth about 87 cents but in 1893 had fallen to sixty cents. During the intervening period the fluctuations of price had been great but the average for the whole period was 79J. For the years 1891, 92, and 93 (the Sherman act being then in force,) the average was 68 cts. In 1894 the market value fell to an average, lor the year, of 49 cts. Recently the intrinsic value of the silver dollar was reported at 68 cts., while a few months ago it stood at 55 The proportion by weight of silver to gold as recognized by our coining acts, was in former times, a true relation. And whether the proportion between them should be 15, 15 J, or 16 to one, was, as Mr. Jefferson described it purely commercial question." But now the relation of 16 to 1 is notori ously a false relation, and has been ever since 1873. Nothing of the kind occurred in our history before that year. A change was made in the legal relation of the two metals in the year 1837, but their commercial relation to each other was comparatively steady and uniform as the following figures in different years will show, (r ractions expressed in decimals.) PROPORTION OF SILVER TO GOLD BY WEIGHT. 1792 15.17 t0 ne 1830 15 93 " " 1837 15.83 " " 1852 15.59 " " l87 I5.02 " " Here is steadiness of proportion, in startling contrast with recent years while silver mirchasina and coinace has huen carried on unon a larfre scale by our government at the instance of the silver interest of the West. 1 he dirlinp of silvpr from inrriMSod nro duction had begun before the Bland act had passed, aiu went 011 after wards wun increase; i torce 1878 17.94 l.o one 1879 18.40 b " 1880 18.0 1SS1 18,1 1SS2 18.1 1883 18.64 " " 1884 18.57 " " 1885 19.41 " " i88U 20.78 " " 1887 21.13 " " 1888 21.99 " " 1889 22.10 " " 1890 19.76 " " 1891 20.92 " " 1892 23.72 " " 1893 26.49 " " 1894 32.56 " The principal cause of the great fall in silver in the last 23 years, has been increased production in the anous countries of the world, particu larly in North and South America. from the mint tables of silver pro duction in the world in former years, I select the following figures of total production at certain decennial periods SILVER PRODUCTION. 1850 $32,440,100 i860 37,618,000 1870 53,663,000 1880 101,851,000 1890 163,032,000 Add to this exhibit the world's re port for the three following years : 1892 198,014,400 1893 214,745,300 1894 216,892,200 Of the aggregate of 1894, 64,000,- 000 was produced in the United States, 60,817,300, in Mexico, 4,474, 800, in Peru, 28,444,400, in Bolivia, and smaller amounts in other Repub- ics south of the United States, as well as amounts of varying magni tudes abroad. THE STEWART AMENDMENT. This amendment, proposed by Mr. Stewart of Nevada in the Senate, in 1 87 1 and which secured the sanction of that body, completely exposes the plan and objects cf the silverite inter est of the west, is in accord with the Bland bill in its original form and with the Plumb amendment, of which I have already spoken. It is also con sistent with the recent and present position and demand of the silvcrite interest in the Senate, whose obstruc tive tactics at the present session of Congress have attracted the atten tion of the people of the United States. The Stewart amendment was offer ed to a currency bill from the com mittee on Finance and was as follows: "That any owner of silver bullion, not too base for the operations of the mint, may deposit the same in amounts of the vaiue of not less than $100 at any mint of the United States, to be formed into standard dollars or bars, for his benefit and without charge, and that at the said owners option, he may receive an equivalent of such standard dollars in treasury notes of the same form and description, and having the same legal qualities, as the notes provided for by the act ap proved July 14, 1890, entitled, 'An act directing the purchase of silver bullion, and the issue of treasury notes thereon, and for other purposes.' And all such treasury notes issued under the provisions of this act shall be a legal tender for their nominal amount in payment of all debts, public and private, and shall be receivable for customs, taxes, and all public dues, and when so received may be re issued in the same manner, and to the same extent, as other treasury notes." Amendment adopted January 14, 1891 by a vote of 42 to 30, and bill passed the Senate by a vote 39 to 27. Sherman, Vol. 2, P 1093. How plain and simple this is. lie who misunderstands it must deceive himself ! Three very intelligible pro positions constitute the whole scheme: First : Any person in the world who has, or can get silver bullion may go with it to any mint in the United States and have it there manufactur ed into standard dollars or bars the product to be delivered to him in either form he may desire. All this is to be done for him without charge, by the mint, and for his benefit, that is, for his personal proht and advan tage. An illustration will show the working of the plan more clearly than argument. In 1801 when this amendment was voted triumphantly through the Senate the market value of silver in the standard American dollar, ranged between 8 2 and 73 cts. in the London market, the average rate being 76 cts. In that year upon the silver produced from the U. S. mines, if the whole of it had been dump ed at the U. S. mints under the Stew art amendment there would have been a net profit to the producers of more than sixteen million of dollars 1 Second. The mint having manu factured fhis bullion into standard dollars or bars, he may, at his option demand and receive treasury notes therefor, instead of dollars ; said.notes to be legal tender for debts, public and private, for customs, taxes &:c. So in the end he gets for his silver gold compelling securities of the gov ernment without having been subject ed to any loss upon his product, such as a sale thereof in open market would impose. APPENDIX UNITED SIATES CURRENCY, APRIL 1ST. 1896. From Jhnul Kccorii or April, 1896, 282. Totnl In In Currency Treasury Circulation Oolfl Coin HH,TI3,Wf) 1,8.11,M7 44.MI2,2.V! Nlvrr dollars 4i,-.M),W 37I,4I7,I0I 5l.1M,7.jil subsidiary sil ver ; ,3: o.n: 7 in.ato.sri .v70,sos Gold Certifl- nt.n IVM. WIW-I !,, Silver Certifi cates aiH,3,504 11,118,078 3:)7,ini!,4i Treas. Notes, Art, 1H, Oreetibaoks ls,nnt,aHi iw,!w,3i4 11.3 Tsw.ww V. 8. Notes SWfWI.Ulfl U4,:l,034 m,H,4(4sl Currency Cer tiorates, Aef, Juno 8, 1874 I,IWO,000 820,000 81,4(10,000 National Bunk Notes iWI.3in,0Jr 7,Il0,! 14,205,C2 Totals t ll,M,lfl,H J5,5,7 l,IWS,6M,4f.S This exhibit shows a large increase in the currency of the country since the passage of the Act for resuming specie payments, 14th of January, 1875, when the amount of our paper currency was $780,000,000, ami coin was not in common use. Nor do the fig ures furnish any substantial evidence that the present volume of our cur rency, reasonably distributed, is in sufficient for public use. On the contrary, the falling off in the circula tion of national bank notes and green backs since 1874 tends to show that more currency notes in those forms are not necessary at this time and will not be in the immediate future, unless substituted for some of the other forms of currency above mentioned. The greenback currency in December, 1874 was $382,000,000, and is now stated at $346,000,000, of which 114,000,000 are in the treasury and not in circulation. During the same interval of time between 1874 and 1896 the national bank notes have dropped in amount from 354,000,000 to 221,000,000, of which latter amount 7,000,000 are in the treasury, and 214,000,000 only in circulation. The nearest obtainable date for a statement of the gold and silver bul lion owned by the government, (not shown in the table above) is the first of November, 1S95, at which date (as we are informed by the Director of the Mint) there was in the mints and assay offices of the United States gold bullion at cost value of $53,945, 262, and silver bullion, cost value $124,921,500. If these two large amounts of bullion were now in the treasury in the form of coin, , the gold would be available for all purposes, for money and currency, while the silver would not. The latter would remain in the treasury and not pass into circulation. Are You One Of those unhappy people who are suffering with weak nerves, starting at every slight sound, unable to en dure any unusual disturbance, finding it impossible to sleep ? Avoid opiate and nerve compounds. Feed the nerves upon blood made pure and nourishing by the great blood purifier and true nerve tonic, Hood's Sarsapa nlla. Hood's Pills are the best after- din ner pills, assist digestion, prevent con stipation. 25c. Rather Work than Piay. On Philadelphia's police force is a man worth $150,000, whose income is about $15,000 yearly outside of his $20 a week pay. A car driver re ceives $2,000 from real estate invest ments in the tenth ward. A letter carrier, appointed by Postmaster Iluidekoper and still doing duty, is worth $20,000. A man, who serves newspapers from door to door, has money at interest to the amount of $60,000. The head waiter in the Market street eating house is worth $30,000, and a cook in one of the city's hotels owns $60,000 in bank stocks and $25,000 in real estate. The sexton of one of the poorest churches in the town has a yearly in come of $7,500, derived from govern ment bonds. Philadelphia Fress. An exchange tells the story of a boy who was sent to market with a sack of roasting ears, and after linger ing around town all day went home without selling them. When his mother asked him why he had nat sold his corn he said no one asked him what he had in his sack. There are many merchants like that boy. They have plenty of goods for sale, but they fail to tell what they have in their sack. If they expect to sell goods in this day and age of the world they must open up their stock in trade. Don't bolt your food, it irritates your stomach. Choose digestible food and chew it. Indigestion is a danger ous sickness. Proper care prevents it. Shaker Digestive Cordial cures it. That is the long and short of hull gestion. Now, the question is : Have you got indigestion ? Yes, if you have pain or discomfort after eating, headache, dizziness, nausea, ollensive breath, heartburn, langour, weakness, fever, jaundice, flatulence, loss of appetite, irritability, constipation, etc, Yes, you have indigestion. To cure it, take Shaker Digestive Cordial. The medicinal herbs and plants of which Shaker Digestive Cordial is composed, help to digest the food, in your sto mach; help to strengthen your sto mach is strong, care will keep it so. Shaker Digestive Cordial is for sale by druggists, price 10 cents to $1.00 per bottle. ERS. GOOLD'S GRATITUDE MOW SHE WAS RESTORED TO HEALTH. Ctoadltlon Before and After tha Birth f Htr Child. From every city, town and hamlet on this vast continent, come letters from suffering1 women; from those whosa physicians havo been unable to assist them, or from that num berless class whose confi dence in Mrs. Pinkliam's ad vice and tha curative prop erties of her Vegetable Compound is unbounded. Every letter received from wo men Is recorded, and hundreds of volumes of cases treated aid in fur nishing practical information fur the women of to-day. No letters are published without the request of the writer. The strictest confidence is observed. The following letter represents thousands : " I always enjoyed pood health tin- til six months before the birth of my babe. Then I was very weak; my back ached all the time. My physicians said I would be all right after the birth, of the child, but I was not, although at that time I had the best of care. Tho pains in my back were almost un bearable. I had leucorrhoea in its worst form; menstruations were pain ful. "Any work or care would entirely unnerve me. hen my babe was 11 months old, friends persuaded me to take Lydia E. Pinkham's Vegetable Compound. Before I had taWn one bottle I felt the effects. My baok iid not ache so badly, and I fult stronfc..ir After taking four bottles I felt well. My ambition returned, menstruations were painless, leucorrhoea entirely cured, and I could take care of my babe and do my housework. I shall always recommend your Vegetable Compound for all women, especially for young motJiers." Mrs. II. L. Goom, Oregon, Win. If Mrs. Gould had been well before the birth of her child, subsequent) suffering would hare been avoided. Lydia E. Pinkham's Vegetable Com pound should always be taken before and after birth, in order that tha system may withstand the shock. .1 Tot all Bilious and Nzrvous Diseases. They purify lh Dlood and give Healthy action to the entire E7.cn. 'J Cure DYSPEPSIA, HEADACHE, CONSTIPATION and PIMPLES. 7-ia.iy rhioh"ftif n lUh Diamond Rrutl ENNVFiOYAL PILLS vrliElnuI and (Inly Genuine. afc, &Jyi reliable, ladii uk mond Brand in Krtl nd Ovid metaJlloV uriuiFiii tor inirnfltrt Kmiiuh Iha- twxei. ioaIwI with blue rlbhort. Tuk no othvl. J?efV danatrou mbh(u- tiom and imitatiu. A i UrniijcUift, or soi 4. in itUDpt for rrtlculi, liitimonUU ul lllef for radtt't," t letttr, bv return r H1L lO.OOO TflltuooinU. Man, favrr. Sold tor aU Lomi Dtafiuu, X'hil win.. ' PATENTS Caveats and Trade Marks obtained, and all Patent business conducted lor JloDEKATH FKKW. OLU OFFICE IS OPPOSITE THE V. S. PAT. ENT OFFICE. We have uo Bub-aireneles. all business direct, hence t an transact patent busl neas In less time and at Less Cost than those re mote from Washington. Send model, drawing or photo, with descrlp tlon. We advise If patentable or not, free of charge. Our fee not due till patent Is secured A book, "How to obtain Patents," with reler enees to act ual clients In your Btate.County, o town sent free. Address C. A. KNOW & CO,, WashlnRton, I). 01 (Opposite U. S Patent Olllce.) CAVEATS. TRADB MARKS. DESICN PATENTS. COPYRIGHT, ata. ror inrormanon and rn-e Hnncirxx.t write to MUN.V CO.. 361 llK.HHViy, Nkw VoaC 1 Orient bureau for securing patent In Atnerlra. Every patent taken out by u.h In brought before the public by a unttco given froo of uuurge lu tua ' ricnf if ic tumnw Lareest circulation of any aoientifle paper fn th world, splendidly Illustrated. No intelligent mau should bo without le. Weekly, g.l.OO year: tl.su alx montha, Addreiw, M UN N CO.. VtiBLUuiuta, 301 U roadway, ow York City. SOUTU. ARRITI. 11. & H. U. 11, NOKTII LXAVB am 7.1D 7.0S T.U3 .5.'l 0.511 a. m.ip p.m. iam pin pm a m 8.SM 4l 6 4(1.1'. 10 IKZH K.4S 6.41 (i. 13 8..1III2.4) 6.471 -j fj 4: 6.50 6 5!i IS4l'a.54 ti.5'.!l7 18.47 9. 0l 7jp!!6.6(1 'e.5H8.10 Iro 7.111 .d.W'S.WM.SU ;.U5 .i'l.tfS 7.S4 7.4S '9.V: 1.11(1 7. -ill '8.1O ' 8. 10 7.8'. 8. 1' .vti 3.41,7.44 8.50 .-J8 8.47 7.4i 8.5S l.4I.S.!f 7.52 .i0 H.'."i 87 7 57 11.10 ill.4i4.ll7,8.U7B..'ll) llMlU.lt K10 U.4I) n in p m p iii am AKHIVK li.iu tt. 11.85:6. S.4U li.H . 2.8a liloomsbuv. " P. & 1. 11 Main st.. ..Irondale... Paper 11111. ..Utflit fct.. OraiigevUe. .. .Forks ... ...Zuner ... .bur.wn.ter . ...Benton.... ...Edsou's.... .cole's cr'k. .busarionf., ..laubiu'U... ...ceuiral... .Jarr. city., 11.2S!t! limine a. a 2u 8.15 8.1 II 6.40 6 W 6.'25 11. HI B 111.01 6 l.H 10.ISH !R 1.811 l.S.V 1.111 ia.;!5 0.1S ID 58 n 6 (MllOa'S. tt.04 10 4"! 5. .(! 10 Sh 5, 0.58 lt).35;5 B.M 111.8'' ., 161 J-J.-J6 ISillJSU Manas & .08 1 6.4v!10.205 a m a in p LKAVI .0(1 1 11. 51) 111 p 111 GET VOUR JOB PRINTING DONE AT THE COLUMBIAN OFFICE 7 -Al v mmmm P ME m- II t V. 1 (U TT-