The San Francisco Call. Newspaper, June 14, 1895, Page 3

THE SAN FRANCISCO CALL, FRIDAY, JUNE 14, 1895 STEWART SPEAKS STRONG WORDS FOR SILVER. MEMPHIS, Texy., June 13.—The pos- sible disruption of the old parties of the Democratic party in the South and the Republican party in the West must have been uppermost in the mindof any thought- ful observer of the past two days’ proceed- ings in the great silver convention which has been in session at the Auditorium. Both sides of this proposition were di: cussed to-day in impassioned speeches and strong argumentative appeals to the 1500 delegates and visitors who attended the big mass-meeting. The first warning of the approaching en- i | | | ered, but the gold combination has seized every avenue of communication. The press and the telegraph belong to it. Four thousand Dnational banks are its agents. Five thousand counter was heard last night in the bold utterances of Congressman Joseph C. Sib- ley of Pennsylvania in favor of a silver party—an aggressive campaign for the re- monetization of the white metal without regard to previous party ties. To-day all disguise was thrown off. The men who favor a silver party, with one purpose and one idea, under the leadership of Sibley, Tillman of South Carolina, But- ler of North Carolina, Stewart of Nevada and Adams of Colorado, told of their plans without reserve and asked their hearers to decide between the party and Nation. On the other hand those in favor of the settle- ment of the silver question wit party lines urged conservative action, vig- | orous agitation for free silver, but bearing | in mind that there were other questions of importance to the political future of the country which should se the voter to think well before casting off the party afliliations of years and giving his un- divided suffrage to the one cause of silver. The money question, they claimed, should | and would be settled within party lines. The conservative element prevailed in the committee on resolutions, and the declara- tions of that body, which were made by the convention, did not go beyond a strong presentation of the views of the free- | silverites gathered here. But the conven- tion adjourned with a schism in it. One faction advocates the Sibley ‘“‘idea’ and the capture of the Democratic conven- tion, and, failing in that, independent poli- tical action, while others were fighting the | issue strictly within party lines. Marion Butler, the Populist Senator from North Carolina, said the convention was the most important and remarkable ever held in this count: He announced that he wasa thorough-going Populist and believed that the Government should own the railroad and steamship, but did not want them to own them while the Roths- | Sherman snd Harrison and other executive agents of the gold standard. The alarm and distress caused by the raid of the gold com- bination on the treasury in 1893 created & turore which amounted to a political cyclone, which was directed by the firm hand of the | Executive against the two houses of Congre other banks and trust companies do its bid- ding. pendent upon the banks for accommodation and are eclamorous in their praise of gold monopoly. Politicians and officials, high and low, rely on the money power, the press and | | the minions of the banks | The President of the United States places for political s ccess. 300,000 offices at the service of the money power for political or other favors he receives. Before such a force any other people would be powerless, but the American people for more than a hundred years have met and conquered every foe. They have always been equal to the emergenc; Silver was demonetized by the Republican party, and the leaders of that party have ia- bored, in season and out of season, to keep it demonetized. The great mass of the Demo- cratic party previous to the advent of Presi- dent Cieveland was in favor of the repeal of the infamous act of 1873 demonetizing silver, as is shown by their uniform votes in both houses of Congress. strument to thwart the will of the Demoeratie Many Democrats fell before the blast, but the Republicans sailed with the wind, and the Democrats who were siranded by the violence of the storm were swept back into the arms of the Republicans of the two houses. Together they made a mejority to do the bidding of the money powers and to wipe from the statute book every law which recognized silver asa money metal, The people have at last taken this matter in | their own hands. They now know that those | who say they are friendly to silver, but want it accomplished without doing it themselves, are | enemies and caunot be trusted. Nomanisa | bimetallist who does not advocate bimetallism | as it existed for thousands of years before Sherman visited England in 1867 and before | he carried out the purposes of an English syne | dicate to strike down silver in 1873. childs and other money kings owned the Government. Mr. Butler said the biggest plank in the Populist platform was the silver plank, that the party increased 200 per cent last vear and would increase 400 per cent next year. The North Carolina Senator spoke at an unfavorable time. The crowd had been deluged with such a flood of oratory all day that 1t was somewhat tired, but it ac- corded him a respectful hearing and then took a recess until evening. At 10:15 o’clock Rev. Dr. Brooks of Mem- phis opened the convention with prayer, after which the arrival of delegates from Arizona and Arkansas was announced. Chairman Turpie then announced that the committee on resolutions was not ready to report, and introduced Senator Stewart of Nevada, who addressed the convention. Senator Stewart spoke as follows: The object lessons of the last three years show that the American people are face to face with concentrated capital, the enemy which destroyed all previous civilizations. A shrinking volume of money 88 compared with population and business produces falling prices, paralyzes industry and compels the producers of wealth to pawn their property to continue the struggle against impending fate. The modern colossus, the Rothschilds com- bination, is the greatest brokerage establish- ment the world has ever seen. It deals with corporations and nations, which force from the people their earnings either by monop- olizing the necessaries of life or through the sovereign power of taxation. It furnishes anoney for its customers by selling their bonds to the public for vastly more than the cost to the combination. The vast bonded debts of the United States and Europe have passed through their hands for nearly a century, and the in- crement retained by the Rothschilds alone, 10- dependent of their numerous associates, is estimated at two thousand millions. This combination robbed the United States of gola to convert the silver debt of Austria into gold obligations and made four hundred millions in the transaction. In 1893 the vaults of the United States treasury were opened, and more than $100,000,000 of gold was shipped to Austria, with the aid of the administration, which re- fused to exercise the option provided by Con- gress to pay in either gold or silver. By this means the great combination wrecked the finances of this country and created the panic ©of 1893. Gladstone and Cleveland were willing | They suspended | agents of the gold trust. coinage in India, and repealed the purchasing clause of the Sherman act to make it easier for the combination to control the standard money of the Western world. France and Germany made no objection to the wicked work of the syndicate while its raid was sweeping away | the fortunes of the American people, but they protected themselves by refusing to furnish | gold for the Austrian speculation. Each, when gold was demanded for export, paid their obli- gations in silver, as the Congress of the United | States authorized the Secretary of the Treasury todo. The success of the gold combination in repealing the purchasing clause of the Sher- man act, and thereby ratifying and confirming the infamous act of 1873 demonetizing silver, placed the fortunes of seventy millions of people at the mercy of the gold kings. The temporary lull in the financial storm which the country now enjoys was bought. President Cleveland contracted with the Roths- | childs’ combination to cease their raids on the | United States for eight months. The price he paid for peace and protection shows the pros- | trate condition of the people of this country before the power of the gold monopoly. He gave them $12,000,000 in the difference between the market price and what he received for $62,000,000 of United States bonds, and further agreed in consideration of such protec- tion to allow the combination to purchase whatever bonds might be issued before the meeting of another Congress. What further proof is required than this contract to demon- strate that the gold of the world is cornered? A banking corporation contracts to change the currents in international commerce and agrees that no gold shall be shipped from the United States for a period of cight months. How could the Rothschilds' combination perform such a contract and stop the shipment of gold from America to Europe uniess they had control of the gold? The goldites proclaim that the people of this country are entitled to the best money with the greatest purchasing power of | any money in the world. What right have the people to the gold which the combination owns and controls? The British now know where the gold is, which, they are told, is the only money they can have. As long s the standard money of the West- | ern world is in the hands of this colossal pool, | just so long will the purchasing power of gold increase and the price of property decline. Great as are the American people, when limited asare the natural resources of this country, prosperity cannot come without a larger circu- lating medium than gold alone, The basis of the circulating medium cannot be increased by gold. Both metals would not be too much, and besides the output of gold is substantially consumed in the arts. The increase of popula- tion and business is constantly drawing the eords of contraction tighter and tighter around the limbs of enterprise. Four-fifths of the American people, yea, nine- tenths, nave been at heart in favor of restoring sllver ever since the cyime of 1873 was discov- Conventions and the pariy lash have thwart- | ed the will of the people for twenty years. | Public plunder, a venal press, and 10,000 | banks have dominated the conventions of all | parties since the man from Buffalo took charge | of the Democratic party. A mejority to do the | willof the gold monopoly hes been easily se- | cured in the conventions of both the old par- ties, and & multiplicity of issues bars the sue- cess of the Populists. What are party names without party princi- ples? What is the Democratic party when it repudiates Jefferson and Jackson and follows John Sheeman? The Democratic masses are in favor of restoring the money of the constitu- and their voice is heard with dread by the ene- mies of the Republic. A very large percentage of the Republican masses are equally true to the principles of free government with the Democratic masses, but the Republican leaders who worship at the shrine of gold monopoly are more numerous and powerful than the { Democratic leaders who work with them'to maintain the goid standard. There are more Harrisons than Clevelandsand more Shermans than Carlisles. T The Democracy of Tllinois has broken the ice. The rank and file of the Republican party, South and West, are shrunken, but the mani- pulators are still in control. The Republican convention of Kentucky renewed the alleg- iance of the party of the State to the alien gold enough to hold the Republicans of the great Northwest in line. TheSouth and West and the producing classes of all sections have & common interest in restoring the money of the constitution jand gaining control of the Goy- ernment of the United States, but an alien gold trust is intrenched in the sanctums of the press, the council chambers of the banks, the { two honses of Congress and in the executive mansion. The people are uniting in every sec- tion of the country to strike for liberty and re- cover their lost Government. The American people have been betrayed | with & kiss for the last time. They now know every man who qualified his determination to fight for the free and unlimited coinage of silver at the ratio of 16 to 1, by the United States alone, is a friend of the cause. All we demand is the 16 to 1 statute of 1834 and 1837. There wereno “‘ifs” and “snds” about those statutes. There are none in the creed of a true bimetallist. The advocates of free coin- age at 16 to 1 by the United States alone com- prise three-fourths of the voters of the United States. The only hope for the gold monopoly is to divide and conquer. They have played that game for the last time. The hearts of the people are in a common cause, produced by & common calamity. Whatever politicians and time-servers may do, the South and West and all lovers of free institutions everywhere will come together and rescue this Government from the rule of the kings. The policy of the enemy to impoverish the masses is now well understood. It is well known that opportunities create independ- ence; that want of opportunities creates pov- erty and cowards. One more gold President might do the work and destroy the foundation of Republican institutions, which is independ- ence and prosperity of the people. Thanks to Mr. Cleveland, the purposes of the enemy are disclosed. 1f the people submit to financial bondage and lose their liberty they will have been warned in time. The gold standard, falling prices and hard times are as | much the policy of Sherman, Harrison and the | great mass of the leading Republicans as it is of Cleveland himself. The only difference is | that Cleveland proclaims openly what the | hypocrites do secretly. When Senator Stewart had finished his speech loud cries were made for Congress- man Money, one of the silver leaders of Mississippi. He advanced to the front of the stage and prefaced his remarks by saying: “I am here, a silver man from head to foot and a Democrat all over.” Mr. Money was suffering from a sore throat and spoke but a tew moments, deprecating any attempt to settle the silyer question outside the Democratic party. John Allen of Mississippi was then called on by the audience to speak. He began: I, like the poor, am always with you.” He advanced no new arguments, but caught the crowd, throwing a verbal bou- quet at Senator Stewart and reminding the people that the West was the friend of the South. The speaker elicited rounds of ap- plause when he said the fight should not be taken out of the Democratic party. He claimed that the gold men were threaten- ing the people with the disruption of the Democratic party, and he invited the Re- publicans to come into the Democratic party and fill up the ranks left vacant by the deserters who went to the Republican party, “It' is a foregone conclusion, fellow citizens,” said the speaker, “that these gold men will go into the Republican party. They will say this silver movement is run by politicians, but when I look over the leaders of the gold bugs I find men who were in politics when I was an infant. These people keep me constantly perturbed. I can hardly sleep at night now for worry« But when the money | powers discovered Cleveland they found an in- | masses and they gained a valuble ally for | tion. They are speaking out in every State | syndicate, but the ties of party are not strong | ing about my gold. Tam afraid it will go | abroad. 1 fell you, my friends, you can- not keep too close watch on your gold. It is linble to leave the country at any a great deal of praise for his backbone. | The American people have a little and | they are going to show it t0o.” ; The speaker kept the audience laughing clusion of his remarks the convention took a recess until about 2:30 p. m. Immediately after the convention was | called to order for the afternoon session Senator J. K. Jones of Arkansas, as chair- | man, presented the report of the commit- | tee on resolution, which read as follows: ,’ Silver and gold have in all ages constituted | fathers of the republic, the money of histos and of the constitution. The universal e: perience of mankind has demonstrated that the joint use of both silver and gold coin as one money constitutes the most stable standard of values, and that the full amount of both metals is necessary as & medium of exchange. The demonetization of efther of these historic money metals means an appreciation from the value of money, a fall in the price of com- moditics, & diminution of the profits of legiti- mate business, a continuing increase in the burden o1 debts, & withdrawal of money from the channels of trade and industry, where it no longer yields a safe and sure return, and its Merchants and boards of trade are de. | Minute. - President Cleveland has received | | for about fifteen minutes and at the con- | the money of the world—were the money of the | An Unmerciful Arraignment of the Democratic Admini tration at the Memphis Convention. That the rights of the American people, the | not to recognize in this gathering those who interests of American labor and the prosperity | follow the plow as I do. of American industry have a higher claim to | What is sound money? It is that money the consideration of the people’s law-makers | which requires two pounds of cotton, two than the greed of foreign creditors or the | bushels of wheat to get the same quantity of it avericious demands made by “idle holders” of | that it did a few years back. 1 claim that such “idle capital.” The right to regulate itsown | a dollar as that is a robber dollar of 200 cents. | monetary system in the interests of its own | They tell you about a 50-cent dollar. Let us people is & right which no free government | fling into their teeth the 200-cent dollar. can barter, sell or surrender. This reserved | What is the condition in the United States? right is a part of every bond, of every contract | Look east of the Ohio River and north of the and of every obligation. No ereditor or claim- | Potomac and there you will find the hotbed ant can set up a right that can take precedence | of gold monometaljism; there you will find the over a nation’s obligations to promote the wel- | men who manipulate your Congresses and buy fare of the masses of its own people. Thisisa | them; there you will find the men who nomi- debt higher and more binding than all other | nate your presidents and control them. They debts, and one whicll it isnot only dishonest | are the creditor States of this Union. They but treasonable to ignore. own nearly all the creditors of this country. Under the financial policy that now prevails { Our bankers go there to get their loans. we see the land filled with idle and discon- | You farmers from the country furnish the tented workingmen and an ever-growing army | collateral and they go there and get the money | of tramps, men whom lack of work and oppor- | to loan, when, if we had & sound system of tunity have made outcasts and beggars. At | finances and an honest President and & Repub- the other end we find that a few thousand | licand a patriotic Congress, we would have | families own half the wealth of the country. | such a distribution of money as would prevent The centralization of wealth has gone hand in | its congestion in a few money centers. Mr. hand with the spread of poverty. Carlisle, in picturing the despair and destru ¥ {1. | tion that would follow the rehabilitation of sil- The situation is full of menace to the liberties | P robbed—and right there I would like to of the people and the life of the Republic. The | ¢mPhasize that question of robbery—that the | issue s entranchisement or hopeless srvitude, | ShATe that we who ure i favor of silver went | Whatever the power of money can do by de- | ¥ ebts in 50- s, s i ! ¢ 5 we know that it has taken 200 cents to pay bauchery and cOrruption to maintain its grasp | on the law-making power will be done. We, | o™ e tonedd therefore, appeal to the plain people, with per- | AmOng other classes who were mentioned by | Mr. Carlisle &s being the great sufferers from this scheme of bimetallism and rehabilitation of silver were those saving bank depos- itors. The saving banks could pay off their depositors representing a million of dollars in all the Northern and Eastern cities in fifty cent dollars. That was the claim he made. Well. now, who are Mr. Carlisle’s backers Who are his owners Ishould rather say? Itis a hard thing to say of the Secretary of the Treasury that he has owners, but then I am & plain, blunt man and will speak my thoughts. [Applause.] The bankersof the United States to-day to & man are the ones who are elamor- | ing against silver, and oh, wonderful to tell, | these very savings banks presidents and directors present to this country the spectacle of pretending to object to a scheme of finance which would enable them to pay off their debts to their depositors in fifty-cent dollars. 1 am not here to discuss this question in any partisan way, as you will find out directly. I am a silver Democrat. ‘What is the condition now of the Democratic | party? Now this has a direct bearing on silver, and you will see it directly. What is that con- dition? Ase Democrat I am almost ashamed to catalogue it or speak of it in an assembl tly Democratic. The President whom we elected by a vote almost larger than that re- ed by any of his predecessors has betrayed I Smith; North Carolina, N. B. Elliott; Ohio, F. D. Scott; Pennsylvania, A. C. Hopkins; South Carolina, J. W. Stokes Tennessee, John R. Goodwin ; Tex P 2 Regan; Virginia, M. P. Brandon; New Mexico, M. B. Prince; Utah, E. J. Kim- ball. The committee elected John R. Good- win of Temmessee as chairman and J. R. Acklen of Nashville, secretary. It will meetin Chicago during July perfect a permanent organization. i convention adjourned sine die. TALKS LIKE CARLISLE. Senator Lindsay Argues From a Gold Standpoint. FRANKFORT, Ky., June 13.—Senator Lindsay spoke to a crowded house here to- night. In opening he said: can people to so regunlate the question of coinage under the ebnditions of 1895 as to avenge or right the suppossed ‘crime’ of 1873 which ought to receive no consid- eration. This is the case in which the dead should bury its dead. The discon- tinuance of silver coinage by the world at large in the years between 1870 and 1874 | may or may not have been a ctime. “Iam one of those who incline to the | belief that the demonetization of 1871 | a grave mistake and that the conditions would be better to-day if Germany, the Latin union and the United States had continued the coinage of silver. But | whether a crime or a mistake the act of 1873 was not passed surreptitiously, as is | claimed. It may be true that many mem- bers of Congress did not understand the effect of that legislation and the President who approved the bill was not advised of the fact that it discontinued the coinage of legal tender silver dollars.” Continuing he dealt sledgehammer blows at the doctrines of the free-silver campaign in this State and then replied to the plan of Senator Jones to raise im- mediately the value of all the silver of the world 100 per cent. But should it be done, he held that the 423,000,000 legal tender silver dollars in cir- | culation and owned by our people would | T not have a cent added to their money value, but if by the magical influence of an | act of Congress the mercantile value of silver can be increased from 67 cents to $1 29 per ounce, then we may double the value of thousands of millions of silver in Mexico and other countries. No *‘Appeals are being made to the Ameri- | was i for the sound money sentiment among the voters, and it is believed that the Buckeye | State will be found in line with the East- | ern States on this question. Indiana | shows a strong following of sound money men, and the indications are that Senator Voorhees, the champion of free silver, will have a hard time to convince the honest farmers of his State that 50 cents can be made into a dollar. The fiasco of the so- called Springtield ‘convention’ in Illinois hag proved a damper to the hopes and ex- Pectations ofthe silverites.” NEVADA DEMOCRATS IN LINE. The State Central Committee Pledges Itself to Support Free Coinage. VIRGINTA, Nev., June 13.—A meeting of the Democratic State Central Commit- tee of Nevada was held in this city yester- day. The attendance was good, there being present in person or by proxy fift | five members of the committee. The usual | routine business was transacted, after | which the following resolutions were i unanimously adopted : | _Resolutions adopted by the Demoeratic State i Central Committee, held at Virginia City, June 113, 1895: | WnEREAS, The maintenance of honest money, namely the metalic currency of gold and silver, has always been u cardinal principle of the | Demoeratic party; therefore this commitiee, representing the Democracy of the State of | Nevada, Resolved, That the @ “monetization of silver | by the Republican party in 1873 has been | justly designated as the greatest crime of the | nineteenth century, and that the wrong should | have remained unrighted for more than two decades is a national shame and disgrac | which is augmented with every succeeding year that the infamous enactment is permitted | to remain upon our Federal statutes. | Resolved, That the Democracy of Nevada notes with heartfelt gratification the earnest efforts of their brethren in other States to make free | and unlimited coinage at the established ratio | the paramount issue of the com National | campaign. As representatives of the Demo- | crats of the State, this committee most un- qualifiedly pledges a delegation from Nevada to the next National Convention which will | insist upon the adoption of a resolution un- equivocally demanding free and unlimited coinage of silver and gold at the ratio of 16 to 1, and the nomination of candidates known to | be in sincere sympathy with such principle. | Resolved, That the history of the Democratic | party, its record in Congress in all attempts to | restore silver to its former position in our National currency, the declarations of most of | its State conventions and the vigor and dete | mination with which our brethren in all se | tions are pushing the matter, all proclaim that it is the party in which rests all of the hopes of the bimetallists of the nation. If proper efforts made & satisfactory platform is e sured, and such nominations will unite he entire bimetallic vote of t country. With the indorsement of the promi- nent party of the country the principle cannot fail to win. We therefore most cordially invite all friends of free and unlimited coln- age in Nevada to co-operate with the Demo- crats of the State in thelr efforts to secure a | idle accumulation in the banks and in the great money centers of the country. ductive of increase to its possessor while an in- vested dollar yields a constantly diminishing return, and under which fortunes are made by the accretions of idle capital or destroved by & persistent fall in the price of commodittes and a persistent dwindling in the margin of profits in almost every branch of useful industry. Such a system is & premium upon sloth and & penalty upon industry, and such a system is that which the criminal legislation of 1873 heas imposed upon this country. The bimetallists’ standard of silver and gold has behind it the experience of ages and has been tested aud approved by the enlightened and deliberated decree of mankind. The gold standard isa departure from the established policy of the civilized world, with nothing to commend it but twenty-two vears of depres- sion and disaster to the people and the extra- ordinary accumulation of wealth in the hands of the few. There are some facts bearing upon this ques- tion recognized and adopted by all candid men, whether advocates of bimetallism or of the single gold standard. Among these is the fact that the arthat marked the change from the bimetallic to the single gold standard is the very year that marked the changing con- dition from & rising price, large profits, general contentment and great prosperity to a con- dition of falling prices, diminishing profits, insecurity o investments, unemployed labor and a heavy depression in all branches of trade and industry. Itis not a matterof dispute, even among the honest advocates of the gold standard, that general prosperity came to an end with the destruction of the bimetallic sys- tem, and that hard times, falling prices, idle workingmen and widespread depression came in with the goid standard and prevail to-day wherever the gold standard has been adopted. Every international monetary conference that has been called, every demand of this country on Europe for an international agree- ment to re-establish the bimetallic standard, is a confession that the demonetization of silver was a blunder, it not a crime; that its conse- quences have been disastrous, and that the conditions it has wrought are full of menace and peril. The logic of facts establishes beyond intelligent question that the destruction of silver, o primary money, by & conspiracy of selfish interests is the cause of the widespread depression and suffering that came witn the gold standard. There can be no restoration of prosperity, no permanent relief from prevail- ing conditions, until the great cause®has been removed by a complete restoration of sitver to its proper place as & money metal equal with goid. We believe in a money of stable value. We believe, least of all, in an appreciating stand- ard. It is only through the practical opera- tion of bimetallism that a stable standard of value can be secured. A standard constituted of money constantly increasing in value is not a sound, a single, nor a stable standard, but a constantly changing standard. The effect of gold monometallism is to establish one stand- ard for the creditor and another for the debtor; and there can be no more dishonest monetary system than that which gives short measure to the borrower and long measure to the lender. Under the policy prevailing prior t0 1873 there can be no violent change in the relative value of the two metals, for a rise in value of one metal is counteracted by a de- crease in the demand and a fall in value by an increased demand. & Under the operations of this beneficent law a stable relation was maintained between them in spite of the most extreme changes in rela- tive productions. From the earliest period of our history up to 1873 tne right of the debtor to choose whether he should pay his debts in silver or gold coin was always recognized. The subsequent policy has been to transfer this Tight to the creditor, thus tending to con- stantly increase the value of the dearer metal and destroy the parity between them. Believing it is absolutely necessary to re- verse this iniquitous and ruinous policy we, therefore, resolve that we favor the immedi- ate restoration of silyer to its former place as & full legal tender standard money equal with gold, and the free and unlimited coinage of both silver and gold at the ratio of 16 to 1 and upon terms of exact equality. That while we should welcome the co-oper- ation of other nations we believe the United States should not wait on the pleasure of for- eign Governments or the consent of foreign creditors, but should themselves proceed to reverse the “grinding process” that is destroy- ing the prosperity of the people and should lead by thelr example the nations of the earth, fect confidence in their patriotism and intelli- gence, to arouse themselves to a full sense of shall neither slumber nor sleep. The reading of the resolutions was fre- quently interrupted by applause, and they were adopted with a hurrah without d cussion. The following resolution was | presented and adopted : Resolved, That a committee composed of one | member from each State be appointed by the delegates thereof in this convention, whose duty it shall be to correspond with the advo- cates of bimetallism and bimetallic societies in the different sections of the Union, and devise measures to advance the cause of bimetallism throughout the United States. That this com- mittee shall have power to call a National con- ference of bimetallists whenever in the opinion of the committee the cause of bimetallism can be advanced thereby. Said committee shall have power to fill all vacancies. Senator Harris then presented letters from Senator John T. Morgan of Alabama. Pugh of Alabama and Jones of Nevada, indorsing the convention and containing words of encouragement for the advocates of the free coinage of silver. In response to repeated calls from the andience Senator Jones of Arkansasad- vanced to the front of the stage. “I had no idea, gentlemen,” said he, *‘of | making a speech. The resolutions just presented contain my views on this sub- | ject as tersely and foreibly as they could | be expressed in words. I believe that the people of the country will digest this question before the next National election and find the failacies of the arguments of the gentlemen of the other side.” Ex-Governor Prince of New Mexico was next introduced. He said: 1 bring you greetings from the West. My col- leagues and myself were sent from the bimetal- lic convention in Salt Lake to bring you word of good cheer. The people there are all bimet- allists. There is no need out there for meet- ings or speakings. We are all bimetallists. We Westerners believe that the American people are as honest as they are patriotic, We do not believe the Eastern people want to set up a dishonest dollar, but we believe that they have not been educated aS they should be. Such aconvention as this should be held in the T want to say & few words on the topic of houest money. We want money that 1s honest in deed, in proof and in fact. I conceive that Mr. Car- lisle’s idea that the best money is the highest- priced money is not true. The best money is the ‘money that has and always will have stability. The best dollar is not a high-priced, fluctuating dollar, but the best dollar is the dollar of absolute stability and that is the dollar of bimetallism. The most absolutely dishonest dollar that the world has ever seen is the constantly appreciating gold dollar. The next speaker was Benjamin R. Till- man, the Populist United States Senator from South Carolina, whose appearance everybody has been lcoking forward to with great interest, as his speech was ex- pected to furnish the sensation of the con- vention. Senator Tillman’s original man- ner and plain speech attracted his hearers at once, and he held their close attention for over an hour. He said, in part: Some three or four weeks ago there assembled in this city a body called to teach Southern people the meaning of sound money. After putting in more than all the secret agencies and the use of illimitable money and drum- ming, up delegates from this chamber of com- mezce and that bank they assembled here to t21l us what was the meaning of sound money, and after having the people of this city whose loans from the banks make them subservient to the banking interest turn out they suc- cveded in drumming up a large gathering, and they had the Secretary of the Treasury to tell us the difference between sound money now and sound money in 1878. And, God save them, by request of the President they had three cuckoos, who sold their birthright for the mess of pottage. [Applause] Three Congressmen only, and T saw in the paper in which I read about it that there was not a solitary farmer in that party in this southlana, where the pro- portion betweeu the agricultural interest and the rest is 75 farmers to 200 of all other inter- esth I soe beiqre me 100 MDY sunburned faces the party. There is no use to deny that fact. use the good old honest language, you know and I believe that he is first cousin to Benedict Arnold in politics, for if that platform on which | he was nominated and elected, and which he | accepted without any dodging (I did not see in SENATORS STEWART OF NEVADA AND JONES OF AREKANSAS, | his letter of acceptance any sign of dodging it), ACTIVE SILVER LEADERS. 1 say if that platform meant anything it meant | that silver should have the same access to the | mintsof the United States as gold. They put | in some muddie about “parity,” and they have gone-and killed poor silver on that plea of There is no health or soundness in & financial | the peril that confronts them and defend the | parity. When this was done and we tried system under which a hoarded dollar is pro- | citadel of their lberties with & vigilance that | through the income tax to get back some of the money wrung from the people the Supreme Court, after one Justice had slept on it and considered it, reversed himself in three weeks and declared the law unconstitutional. Did they buy him? I don’t sayso. Ithink,like Mr. Cleveland and Mr. Carlisle, that he is the victim of his environment. He could not stand the social pressure of the Rothschilds and Belmonts and other millionaires who eat under his mahog- any, and who invite him out occasionally. Oh, they charge me with being a new fire- brand, preaching sectionalism, because I men- tion the South and West as against the East and Middle and New England States. If there is any sectionalism in that, it is sectionalism of poverty and wrong on one side against rob- bery and rascality on the other, and the day is g0ing to come very soon, for come it must, when you can’t stand this much longer, when there will be & day of reckoning with these men. We have constitutional amendments enough to give us an income tax, and it will be agraduated income tax, such as will not only tax the income above & certain amount—a reasonable amount; but as it goes up the tax itcelf will go up, and whenever & man gets above & certain amount we will take all of it. [Applause.[ Socialism, they will cry. Hear that socialist from South Carolina: “He is an anarchist! That agrarian!” It is simply the damming up of the water of indignation, and when it breaks loose it will wash things beyond all reasonable bounds. There is going to be a new Mason and Dixon’s line drawn this year. It will start in the mouth of the Chesapeake Bay and run to Chi- cago by way of Cincinnati. Every Republican and so-called Democrat northeast of that line is going to vote for a gold bug, and every Re- publican, Democrat and Populist south and west of itis going to vote for somebody who is the honest friend of the people let him be irom whatever party he may. [Applause.] Governor Alva Adams of Colorado fa- vored a union of the West and South for silver—the waging of a vigorous campaign outside of all party lines. He asserted that eleven Western States stood ready to join the South in such a moyement. Congressman Bankhead of Alabama presided at the evening session. He intro- duced General A. J. Warner of Ohio, who declared that any man who says silver was demonetized with the full knowledge of the people of the United States simply lies. “You can disentomb ail the traitors whose lives are written in history and all can give better reasons for their traitorous deeds than can the Senator from Ohio for his action on the financial question.” He insisted that the silver question was the most important before the people, and free coinage must be carried whether within party lines or not, but he asked no one to leave his party. He said he had no doubt Sherman and Cleveland would vote the same ticket next year. William J. Bryan of Nebraska, the next speaker, in the course of his remarks sai “Populists will not envy you Republi- cans who follow the famous motto of your { martyred President, ‘Government of the people, for the people and by the people,’ and victories for truth. Republicans will not envy you Democrats any victories won for truth if you follow the rules laid down by Jefferson and Jackson. Republicans and Democrats will not envy you Popu- lists who are made of the two mother par- ties and honor alike Lincoln, Jefferson and Jackson if you win victories for truth.”” Most of Mr. Bryan’s speech was devoted to answering Mr. Carlisle’s recent Mem- phis speech. State Senator Wolcott of Indiana was the last speaker of the evening. TUnder the resolutions passed this after- noon the following National Committee ‘was appointed to call a National silver con- ference in its discretion: Alabama, John ‘W. Tomlinson; Arkansas, Charles Coffin; California, Alexander Delmar; Colorado, A. W. Ruskner; Georgia, N. W. Longley; Kentucky, J. A. Parker; Louisiana, Sena- tor Blanchard; Missouri, J. C. Gage; Nevada, C. D. Nizop; Nehrasks, C. K. | India American would share the benefits of the tional platform and ticket which will be eptable to friends of silver remonetization. Resolved, That while international bimetal- | lism is desirable, it is by no means indispens- able or even essential to the successiul adop- tion of free coinage by the United States. We are confident in the ability cf our Government marks he paid a glowing tribute to Secre- | to conduct its own financial system independ= tary Carlisle’s efforts in the cause of honest | ¢t of other nations, and we belicve that the Sl | North American Republic should be o leader instead of a follower in the great work of | monetary reform. Resolved, That a free coinage platform and | candidates will insure a Demoeratic victory at i | the next National election, and their rejection NEW YORK, N. Y., June 13.—Gustayv | is an equal assurance of defeat and the con- H. Schwab, chairman of the executive | tinued supremacy of the money-lenders of the committee of the sound money committee | country, who are the only ones benefited by of the Chamber of Commerce of the city of | the present monometalic system. ] New York, said concerning the Chamber's | _Kesolved, ’)l‘hnl S0y of |);‘x-~u‘r(ra(\!|1:|;\ns be 5 Et | sent toeach member of the National Demo- GrLLb i iy dvep | oCTAtiC Committee and to the chairman of each The high-water mark of the silver | pemgcratic State Central Committee in the movement has evidently been reached. | yuio; JosePH R. RYAN, Chairman, The most significant thing to emphasize | T. W. CRANE, Secretary this fact is the action of the Populist State | 5 = T convention of Des Moines, Iowa, at which | DAL UL AR General James B.Weaver and his followers | Peculiar Position of Senator Hansbrough were completely turned down by the more i of North Dakota. conservative elements. | FARGO, D., June 13.—Senator Hans- “The one cheering thing of the whole { brough has published a letter in the Bis- fight is that the Populist party is disin- | marck Tribune on the financial question, tegrating and that sound sense is finding | favoring free coinage, but declaring that a foothold among the farmers. The cam- | he will abide by his party’s decision made paign of education is bearing fruit, and | in convention unless all signs fail before the Presidential | e!(‘c"?" occurs next year the TAMpant | wapamaker, ex-Postmaster General, was mar- silverites will be routed horse and foot. | ried yesterday at Philadelphia to Barclay H. *‘Both political parties are making bids | Warburton of that city. A miraculous increase, except the mine- owners and speculators. Senator Lindsay’s speech was of two hours’ duration and was enthusiastically | received. During the course of his re- | | SCHWAR'S IDEA OF IT. Thinks ths High-Water Mark of the Sil- ver Movement Is Iteached. Miss Wanamaker, daughter of Hon. John NEW TO-DAY. _EBR MAN £BOY OR.CHI BY HYAMSPAUSIN 5.0, 25627 SANSOME=ST 343,38 4O . LKiAhNEY. St