The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-02-02
GENERAL EWING ON SILVER.
THE GREIT NAIL or COOPER UNION
FILLED WITH STLvER MEN.
Gen Ewing Predicting Early Victory for
Uis Friends-Teiiinx Them What the De-
uonetization OF silver M W Possibly DO.


who are in favor of the free coinage OF United
States silver dollars. and Of afflxinG a per-
manent legal value to United States silver coin,
$500 men were assembled last evening in the
large Hall of the Cooper Union. On the plat
form were ex-Surrogatc Gideon J. Tucker. cx-
Congressman Richard Schcll and John b. Has
kin. ex-Scnators Thomas J. Crcamcr and Will
liam Cauldwell, cxRegister John McCool. cx-
Judge Joachimsen. Gen. Alfred rlcasonton.
Gen. Thomas W. Egan. ex-Aldcrman Robert
McCafrerty. william A. Butler. Rodman NJ.
Price. William Labor. James b. Colgate. Andrew
J. Campbell. Cody Anfergcr. and others.
Mr.. Marcus Hanon. Chairman Of the Green
back partys State Committee. called the meet
ing to order. and introduced Mr.. James b. Col
gate n Wall street banker as its chairman.
Mr. Colgate said that he stood there not ms n
swindcr nor as u man who believed in the re-
pudiation of honest debts. but as an honest ad-
vocatc Of the reconciliation OF silver. lAp-
plauscl He was confident that in the contest
between silver and gold silver would assert its
supremacy
Mr. Colgate was followed by Mr.. Bccbc. who
read the names OF the Vice Presidents and the
resolutions. \ gentleman ON the platform
moved their adoption. The Chairman arose.
and stepping toward Mr. Marcus IIanlon. said
in a tone loud enough To- be heard by those who
tionS agreed upon"
Yes they are Mr.. Hanlon said. The chair
mans face grew rod as he rctorted. say they
are not. They've been altered. sir. It's swim
de sir Give me- the printed copy. sir"
MIR. Hanlon seemed confused by the chair
mans demand. But after some fumhling in
his pockets he found one ot the printed copies
and gave IL To- the chairman.
The presented resolutions declared tha, the
assembled ritiz.ns demanded the passage of the
pied from the foundation Of the Govcrnment
! until 1873: that ~ Congress. In 1852 pledged
/ it, faith that the Government bonds should be
| paid in COIN and as the silver dollar was a law
! fu coin OF the Government when that pledge
! WAS made. it is honest and equitable To- pay the
! the pret'n'" " the gold bulionists that the re-
! coinnec of silver ~ an unlimited legal tender
! viii loss the wages Of lahor is untrue: and
/ that the proposed limitation Of the legal tenders
OF -ily'r tp ten. iity or one hundred dollars Will
| cstuh- ono kind Of coin for the lahur'r and
| another for the capitalist and the hondhold"r.
! Tho chairmun stepped To- the front ot the
! pfifurni and holding up the printed respu-
lions. asked ali who favored Them To- vote aye.
and although the response was tec'r. d" de-
| ciarel the resolutions ad4pted Then he intro
dured the Hon. Thomas Ewing.
A. Gen Ewing stepped tv the speakers desk
the 9eeurqnt- Of thr platform clarr"d their
! in the au iitlrium spraug TO their feet. and.
swinging their hats. shouted and chccrel.
s,raoS bu ieayng g Mr. no Sin ~ 10 ,a re N
| himself walked OVER t. Mr.. Huntuns chair.
and s.hnsing the printed RESOLUTIONS nt him
were altered sir We have been swinded. sir -"
Al length the cheers for the speaker ceased
and Gen. Ewing began his speech He snid
| he was firmly in favor ~ the old silver dollar
| IN innocent looking coinage ari was passed In
1873. Nobody supposed II was aimed At the old
silver dollar; hut such WAS indeed the case
Ihrn. In 1874 tho making OF the old silver dol;
the restoration Of what has been wronsfully
| taken away from us. lChe.rs and cries OF
Good That's so;' Silver is really de-
ii ..
| one thiu.. only. and that one thing we all know
Is gold. Tho public faith mus, not y" imposed
bond which should not be paid II silver. say
gathered az this meeting desire will come 90
pass. Il We demoneii2e silver, we aim blow
at the United States of America; for IT is the
| silver. The vast debts ~ the nations ot Iu-
rope are hold by German. French. and
English capitalists. These capitalists don't
want coin t. get TOO plenty Tor fear that
Il will depreclnte in value. and therefore lessen
ihe value OF 'heir claims M ] against the & G9yern- m
appoint both iis friends and its enemies. "A
yolc.e-'' hone fs2.l Gen. Ewing continued
that the countries in tho Latin Union demone-
tz'd silver; hut they did It 10 prevent gold coin
from going ont and silver tax ing its place. II
gold goes down aud silver goes up. nobody will
belongs 10 the people and 10 the Government
which should le the representative Of the
people. Capitalists and men who control ma
topa banks have no right t. ASSUME e." con r
|
idea is in the great heart Of this nation tina,
We should have one currency Of uniform
value, whether that currency Is paper OF
metallic. We have been discussing these mat
ters three years. and !, + time that We knew
what we want want ana h we & 90 KNOW Some say tha'
Are we? President Andrew Jackson said in his
message TO Congress IN 1929. 1t Is dangerous
vase eve ss there us are MY billions S
wealth in the United States, and the proper
proper regulation Of the currency; Thomas
Jefferson a SAID Bank paper should be sup sup
exist few men can make hard times aud good
times at pleasure. We want 10 take this power
out Of the hands Of few capitalists and specu
The currency Of England was only four pei
cent. below gold when RESUMPTION was under
1919 but was not 10 take effect until 1923
Ricardo and the other bulionists told the Eng
general shrinkage Of values OF four per cent
only. and that, as II would be spread over foul
years II would not be perceptible But the bank
the business was done As per cent and there
was q correspondng sshrlnkage OF values a
Suspension OF specie payment England had be
come the mistress Of the sea. the MANUFACTURED
, and storekeeper Of the world Coin poureC
, into her lap from every part OF the world. Ye
. her manufacturers wore beggared. her mer'
yhS % rSineu ann s9oh b her srec
, increase her army to the extent OF $4,000 mel
, ossuppress The r cry q Fl gG agony ;o,o ,o,,n,
/
. speaker recently that If the Resumption bill wa
, urged we should have To increase our army I,
i000 900 men to keep the masses down while
they were being pauperized and the propertl
holders. while their property was being auc
toned of at one-quarter Of its value.
"They shant Increase the army" continued
+, Gen. Ewing. mo. gentlemen. | promise yo,
they shall not increase II man viii We ar
the greatest dobt- paying people In the world
| (Applausel Our cOndl WAS entirely diner
cnt from that Of England when she attempted
resumption. We owed all the world and on
export Of coin every year-even last year, whri
a we had such favoring circumstances as W
would probably never have again for
, century completely ,ovcrtoppod our balanc
[ | Government at hand Secretary sherman hn
a accumulated only t33 O0UOOO OF gold In al
. the country there WIS not more than $3.50.
900 900 Of gold and so 100000 of silver, aga ns
, 5000 900 900 Of paper, and resumption day WI
. scarcely a year of. In the face OF the term
= history OF Engand'' resumption. under vast
= more favorable circumstances than ours. cOul
. this appalling contraction DO seriously cOnteni
e plated2
@ To carry on the German war France suspend
I ed specie payment. ns every nation must do I
z maintaining an important war waiting unit
g her industries hnd recovered from the phrhlNsl
q | Of the war she brgnn to contemplate resnmI
n tinn when her bank had accumulated s2Ol
,. OOO.Oo0 Of gold toward redocmng It's 5000 OOo