Carson daily appeal. [volume] (Carson City, Nev.) 1873-1877, 1876-07-14
THE ACTION or THE VIRGINIA
MERCHANTS OF THE SILVER
OUIHTION.

no less thar iorty-fve signatures:
| We, the undersigned, merchants and
business men of Virginia City, hereby
| agree. III our business transactions, to
+. c.i i've and pay out what is called the
| trade dollar ut ninety cents on the dol
lar. and to receive aud pay out other
silver coin ut par to the amount of 50;
this resolution to take effect July 10.
We cannot say that we feel like be-
| slowing al unqualified commentator
upon this action of the Virginia City
business men. This readiness to desert
our chief bullion product and leave it.,
friendless, without a struggle. to the
tender mercies Of the money-changers is
no. prompted by the most courageous CT
chivalric of motives. Very much more
to our liking is the tone and spirit Of
Conrad Wiegand's preamble and resolu-
tions. 1t may bs said that Conrad is
apt to be Quixotic and Utopian; but We
think there is far reaching wisdom in
his suggestions which relates to the flu
ture of things, and which, one of these
near future days. will come to be recog
nized as shaping the better and wiser
course. Following his preamble which
sets forth, among other declarations,
that 1t is as fitting that the standard of
value in Nevada should be silver, as
that the standard of value in California
should be gold, or that the standard in
east. in the absence of both metals,
should have been silver" and that 1.-THE
prosperity of orr community depends
largely upon the restoration OF silver to
use as money throughout our whole
country" he submitted the following
resolutions which, it is rot necessary to
state, were not adopted:
Resolved, That it is the sense OF this
meeting. that dollars made of the silver
which Nevada 5 mines produce trades
or any other kind which the American
Government may coiI-are good enough
money for all loyal Americans, and
therefore good enough money Tor all
mankind. Be il further
Resolved, Ii foreign merchants are not
willing to accept American silver at specie
par, true Americans should be as willing
that they should keep their goods. as
true Americans are able to manufacture
al! they need and keep their good silver
money besides.
Be it further resolved, That the chair
man Of this meeting shall appoint a
of five, whose duty it shall /
be: !
/. To arrange with banking institu-
Carson and Reno, 10 receive silver dol ,
lars on deposit and pay out silver fox
checks
>. To fix and announce a time after
which 1t shall be understood that,
wholly irrespective OF legislation. which
it seems impossible TO obtain of hope
ful kind. silver dollars shall be deemed
the business money of Nevada, and the
prices Of all goods not specified at the
inc of purchase to be priced for pay
nent in gold coin, shall be understood
g be payable in silver dollars or in
;hecks therefor, and if paid in gold, the
,o!d shall be received ut premium to
'e agreed upon by the parties at the
ime.
). Privately to canvass the business
and obtain the pledge of
merchants to abide by the spirit of the
oresoing resolutions. provided q large
majority Of our business men shall be
ound favorable.
4. II the canvass shall show the con-
rary to be the general sense, to call a
lew meeting of our citizens to devise
ONE other method for concerted bust
ess seli-protection.
This seems to us to be an admirable
nd ably devised admiXture OF patriotic
eminent and practical good sense.
borrower, It appears TO US to be Of the
pirit which should lend intelligent and
earty support to the attitude taken by
enator Jones in his very able and
ronsly-suppor;ed stand in favor of the
of silver. Ii our business
whose interests, present
nd future, have no other vital princi-
lie than that which they derive from
heir relation to the silver bullion pro- '
uction OF this State-wouid not seem
~ utSCit loCsA llleot | ,
nd powerful champion. they would. We ,
elieve, concur in wiesand's PROPOSE
ons. rather than take the shortcut c
ley have chosen to a further depreci-
lion of our largest and only consider
Die product, aside from gold. Our peo- a
le seem to forget, while in the midst of !
ie present temporary panic, that it is i
My by the demonstration of silver that S
lat metal will be returned to an ap- !
roximation of its old value. They seem c
} lose sight of the fact that Senator I
onss' success very much depends upon a
Re support they give him. The effect of S
10 action taken in Virginia cannot but y
} injurious to the Senator's efforts, and t
. are constrained to regard it as greatly d
be deplored. e
The curtailins process put in opera :;