Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-02-02
NEW YORK FOR SILVER
GREAT COOPER 1ssr1rrE MEEUr1ve
The Full Restoration of Silver Demanded,
With Its Unlimited Legal Tender Char
actcr--The Senate Majority Called Upon
To Hasten Action.

New YORK; Feb. Cooper Institute was
jammed tonight with citizens favoring silver
| reconciliation. Chas. w. Colgate was APP
pointed chairman and Marcus Hanlon presi-
dent of the Workingmen's League, the sec
rotary; after reading of a paper on the
question by the chairman the following reso-
lutions were passed:
| Res0lced, That the citizens of New York
here assembled in mass meeting, without
distinction of party, earnestly desire and
demand the passage of the measure now
pending in the Senate to restore silver to its
legitimate position which it had sustained
tie year 1873, and that we urge
the majority of our Senators
known to be favorable to the principle to
bring it to vote at the earliest possible mo-
ment.
Resolcea, That it is the judgment of this
assemblage that the recoinage of the silver
dollar and its restoration to its due rank as
money will approximate its value to an
equality with gold, besides enabling the
American people to make immediate use of
one of the most valuable products with which
providence has blessed our country.
Resoired. That in as much as Congress
did in 1869 pledge it's faith that the bonds
of the Federal Government should be paid in
CON- and in as much as the silver dollar was
the lawful coin of the Government at the
time of 3 aid pledge, it is therefore honest
and equitable to pay the bonds either in
such silver dollars or in gold, and that it liz
unwise as we'll as unjust + 7 the manager of
national banks and other money lending
corporations, holding Government bonds, to
cIamor their payment exclusively in gold.
| Resoloed That the false pretencs of tho
gold bullionist that the recoinage of silver as
an unlimited legal tender will lessen the
wages of labor is untrue, and is al insult to
the intelligence of the industrial and pro-
ducing classes. On the contrary, the adyoz
Gates Of silver money desire better times and
better wages for all classes of citizens,
such as we belive would be the early result
of restoring the dollar of George Washing
ton to circulation.
Res0IDed, That the proposed limitation of
the legal tender of silver to the sum of $40,
or $50, or 800, would be in effect an estab-
lishment of one kind of coin for citizens
and another kind for bondholders and CAPT
talists, and meets with our utter disapproval.
Resolued, That return of confidence, re-
vival of business, steady and remunerative
employment for the now unemployed and
suffering working classes of which they have
now been unjustly deprived, will be conse-
quent upon the reconciliation of silver.
Gen. Ewing was the only speaker. He
said the repeal of the resumption act only
could take the nightmare off the land. We
are the debtor nation of the world and our
currency must be cut down to less than
S25O,OOOOOO to make it redeemable in coin.
If the resumption act is not repealed
taxation next year would be increased
fifty per cent. and then the cry would be re-
pudiation. Greenbacks, the best currency
we ever had, would not be tempered with.
The thirty thousand incorporated institutions
holding four or five billions of wealth have
imposed the resumption scheme on the
country and if carried out they can
rule and rob us and our children
forever, the apple of discord about the
status of the negro and danger from South
ern whites enabled that power to manage our
legislature and finances The resumption
scheme was put through republican caucus
without moments consideration. The OPP
ponents of it wanted the New England
peopie to Join them. but
the papers there seem to be wound up by the
money power. A cry of 'Now you've got
it: that's SO, &C. In conclusion the speak
er commented on the danger to our free in
stitutions if the press is owned by an IN
checked wealth, so that it might become the
enemy instead of a friend of the people. He
did not mean to make TRADE against
wealth but organized wealth acting on po-
litical questions was as hostile to our free in
situations as Mahommedon power to chris
tian civilization iii Europe. Cheers.
At the conclusion of Gen. Ewing's speech
the meeting adjourned.
The Diplomatic Blu.
WASHINGTON, Feb. 1.-The committee or