The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1875-09-10
Democratic COnven
tfon.-The Currency Problem.

and Treasurer
A motion was made to adjourn till the
Committee on Resolutions had time to
agree on Il report. The motion was lost,
and n motion to reconsider was made,
and then motion to indefinitely post
/ pone the motion TO reconsider. The yeas
/ and nays were called on all the motions
for the sake Of delay.
The Committee on Resolutions are en-.
/ deavorng to come to some agreement,
but they stand twenty-one to twenty
| four on the currency resolutions, when
are as follows:
That the contraction of the money
currency and circulating medium, hereto
fore made by the Republican
party, end the further con-
traction proposed 10y it, with view
to the forced resumption of specie pay
mcnt, has already brought disaster to the
business of the country, and threaten
! general bankruptcy, and whilst we eX-
/ prcssly enunciate the principles that II
sound currency should be gold and silver
or redeemable therein, we are opposed
/ to either contraction or imitation Of cur
rencv, and would leave the restoration
If legal tenders to par in gold, TO be
brought about by promoting the INDUS
tries of the people and not by destroying
them; that the policy instituted by the
/ Republican party Of abolishing legal ten
der., and giving the National banks the
/ mower to furnish al the currency, will
increase the power of an already dan.
gcrou, monopoly, and the enormous bur
| dens now expressing the people, without
| ompcnsating them advantageouSly, ana
that all National Bank circulation be
promptly retired and full legal tenders
| be issued in their places that the
public interest demands that the
! government should cease to discredit its
own money, and should make its legal
tenders rcdeemable for all public dues,
! except where respect for the obligation
of the contracts require payment IN com;
the extinction of the present National
Banks. and the establishment, III their
stead. OF n system OF tree banks OF dis
count and deposit under such regulations
ms the States respectively prescribe, and
! no paper money except such rs may be
ISSUED directly bv and upon the faith of
the Federal government, atiording prac-
ticallv currency based on gold and sill
yer and other property OF the whole peo-
pie OF the country.
Persistent efforts are being made to
commit the Convention TO more positive
( imitation resolutions.
At one o'clock the Convention ad-
| iourned until r. NJ.
! The platform was agreed upon in COM
mttee at late hour last night, but was
adopted ny majority of one. The cur
. rrncv plank Is so distastelul to the
| minority that they threaten to bring in
separate report and have the differences
settled in open convention. Fear Of
/ such action has prevented the present
mcnt OF the majority report to the con-
vcntiUn. An adjournment was had /"
afford an opportunity for II harmonious
compromise The delegates generally
express the opinion that the discussion
of the financial resolution in open con-
vcntion would be exceedingly unwIsc
and every effort will be made to have
the minority report suppressed.
On reasScmbling ut , p. NJ, the plat
form WAS submitted, containing resolu-
tions endorsing the well known Demo-
cratic principles; in favor of honesty,
economy anG reform, in both State aud
federal administration; arraignng the
Republican party for extravaganza and
( general corruption, and cmbodying the
above financial plank.
II was moved to adopt the resolutions
as whole, without debate. Mr.. Sowdcn,
of Lchigh county, got the floor, but as
soon as it was apparent that he
| purpoScd Offering an amendment
to the currency plank his voice was
| drowned in the uproar. The previous
question was demanded, but amid the
cries of "iree speech, no gag" etc, he
was allowed to proceed with bis remarks.
He spoke decidedly in favor of hard
money. He said it was good old Demo-
| cratic doctrine, and if the convention
| took decisive stand on the currency
/ question, it should tayor gold and silver
| lie thought the resolution should have
been noncommittal and moved an amend
ment.. TO that effect.
Mr.. Hughes, Of Schuylkill, chairman on
ported and thought HIM worse than a
Bourbon, who advocated currency based
exclusively on gold and silver.
He said that legal tenders were not
merely promises to pay any more than
gold. and currency legal tender Is ot
Itself money. 1t redeems itself every
time it is rendered, and is received in
payment OF debt uo moved that
Sowden's amendment be laid on the
table.
The aye, and nays were called on
Hughes motion and on Sowden amend
ment, and the former was carried ana HE
latter was lost.
Mr.. Sowdcn took the floor again
amidst considerable confusion, and
moved to strike out sections
7, 3, 9 and 10, substituting the financial
resolution in last years Pennsylvania
Democratic platform, which called for
early specie resumption, but under the
call of question, no attention was paid to
Sowdcn's motion and the resolution was
passed rs originally reported.
Nominations for II candidate for Gov
error then followed Eighteen names
were presented on the first four ballots.
FIRST ballot-Bigler pc; Barr, 49, Fox,
26; Ross, IS; Moves, 81; Pycotte, -;
North, 20; Morton, IL Pershing, II;
Monaghan, IS.
Second ballot Bigler, %; Barr, ~
Fox, %; Ross 20; Noyes, 81; Pycotte,
| IA; North, II; Morton, ~ PershIng, II;
} Monaghan, II.
Third bslIot-Big'er Al; Barr 40;
Fox. %; Ros,, %; Moves, 81; Pyc"tte,
IS; North, withdrawn; Moston, 7; Per-
sbiug, Is; Monaghan, T..
! Fourth ballot-Bgler, 4j; Barr ioi
Fox, "a Ross, 2S; Noyc>, -; Py-
cote, II; Morton, withdrawn; Pcrshing,
! IS: Monaghan, - Scattering votes
were east for jerks, Mott, Gibson, Knox,
Cotlrnth. Decker, Spang and Mitchell.
, The Convention adjourned at o'clock,
the end OF the fourth ballot, and re-as-