Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-08-26
GREENBACKS.
The Mass Meeting in Detroit.

Stirring sPeeehes-The Platform.
DETROIT, Aug. 25.-The greenback
mass meeting, called by Moses w. Field,
is considered a failure. It was expected
that at least ten thousand people would be
present, and seats were provided for that
number Of persons in our largest park, but
| at the hour of organization only some six
/ hundred were present at the Opera House,
which can seat nearly 5000. W. d. Kel-
| ley, Of Pennsylvania, Matt. Carpenter, of
Wisconsin, Wendell Phillips, of Massa-
/ chusetts, Gordon, of Georgia, NJ. H.
| Hooton, of Illinois, and James Buchanan,
I Of Indiana, were announced as speakers,
but Of them all, only Kelley and HoOtOn
are in town.
A number of vice presidents and secre-
taries were announced, when the meeting
was addressed by Hon. w. ID. Kelley, of
Pennsylvania.
The convention was also addressed by
Messrs. Word, of Kentucky, and Meyers, of
Illinois, and others.
The COmmitte on Resolutions then re-
ported the following, which were uOani-
mOusly adopted:
Resolved, That the people owe to the
government at all times and in all emer-
gencies a loan Of money adequate to its
needs at a rate of interest so low as to be
the least possible burden and offer the least
possible competition to private enterprise.
2. The Government owes to the people
an absolutely safe and uniform currency,
adapted to their varying needs in amount,
and of a value not materially different
from that of other civilized nations.
). The providing Of a currency for the
I l.. - =
demands that the government Of the United
States shall perform this duty in such a
manner as to furnish the public an amount
Of currency adequate to the business re-
quirements Of the country, and independ-
ent Of the action Of banks or other private
corporations.
4. That we are neither repudiatiOnists
nor infatiOnists, but the friends of a safe,
sound and reliable currency; that we pro-
pose to redeem the greenback circulation of
the United States, at the pleasure of the
holders thereof, in bonds of the United
States bearing a low late of interest, con-
vertible at the pleasure of the holders into
greenbacks, thus redeeming the original
promise Of the Government when it first
issued greenbacks, TO fund them, when de-
sired, into an interest paying bond.
3. That we are in favor of the issue of
United States certificates, or bonds bearing |
interest not to exceed S.G5 per cent per an |
mum, to an amount equal to the whole |
Government debt, said bonds or certificates |
being changeable and interchangeable with |
greenbacBs at par on demand.
&. That the legal money of the country |
should be endowed with the power to pay
all debts, public and private, except that |
portion of the bonded Indebtedness specially |
made payable in coin.
Z. That as the enactment of the last |
Congress providing for a resumption of |
specie payments in 1879 is impracticable |
and impossible, and is disastrous in its ef- |
fects upon the business of the country, we |
demand its immediate and unconditional |
repeal.
s. The plan of government currency |
proposed by this convention would, in our /
opinion, tend to render our government /
and people Independent financially of for /
eign influences or complications, and not /
subject, hereafter as heretofore, to the dis
turbIng control or influence Of foreign
countries.
8. That we recommend the organization
of greenback clubs in every State of the
Union, for The purpose Of carrying out the
principles and measures set forth in the
foregoing resolutions.