The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1884-12-31

who did the preparatory work of gather
ing facts and figures to aid him in his
labors with the Congressional COM
mittee.
Mr.. Ferry said that was the basis of
the work done by Mr.. Holden, who
worked early and late, combining faith
and works in dealing with the Congress
lonal committeeman. He further
suggested that Mr.. Holden be considered
a standing representative, and go to
Washington in the interests of silver
and silver men, whenever it was deemed
requisite that he should go.
Mr. Holden thought it best for some
one to be empowered todetermine when
1t would be requisite for him to go, as
he would not like to take the respo nsi=
bllIty of going when he thought fit. He
also thought that facts, figures and
data should be gathered BY the associa-
ton to aid him in prosecuting any
measures at the national capital for the
benefit of the silver men.
The motion for standingrepresenta-
tive was according amended, to read
that he should go Fat the request Of the
executive committee, or majority of
that committee who may be present"
Mr.. Mccormick moved that it be the
sense of the meeting that the McPher-
son bill should receive the support of
the delegates to Denver.
The bill, which is as follows, Was.then
read, and several gentlemen were called
upon to state their views in regaEdtoit
Be 1t enacted, de-. That on and after
the. passage of this act the coinage of
the silver dollar shall be suspended.
Sec. 2. That the Secretary Of the
Tror Io sc V1Ab n
and directed, on and after the passage
of this act, not to reissue any United
States notes of the denominations less
than 50 then in the Treasury, or which
may thereafter be received, and to can
eel, destroy, and not reissue, all United
States notes of less denomination than
IS in the Treasury, or thereafter re-
ceivedr and to cease engraving or print
ing all such notes.
SEC. 8. That the Secretary, of the
Treasury is hereby authorized, upon the
deposit Of silver bullion in such sub
treasury as he shall designate. to issue
to the depositor thereof silver certii-
Gates having upon their face the weight
and market value of the metal so de-
posted. calculated in United States gold
dollars, az the rate of 25.8 standard
grains to- the dollar.
SEC. 4. That the Secretary of the
Treasury is hereby authorized and re-
quired, on the presentation of any sill
yer certificates issued under the provi
sions of this act by the legal holders
thereof, to- redeem the same by deliver.
ing to the depositOr silver bullion of the
weight and &neneSS certified upon the
certificate, and to Immediately canoe
and destroy said certificate.
Mr.. Ferry would subscribe to it with
an addition OF two, and Professor HOl
den said that while he would favor sup
port of it.. he would like larger issue
of subsidiary coin. If the silver meT
mere united ttss6ds tSIs dslNf{ coinags bill eogS
united effort on the part of silver. meI
in perfeeting the national organization
which, he thought, would be power
and when all were united there would
be no such word as "fail."
Mr.. McG6FRick moved that the dele
gates be, instructed to advocate the
passage of the Mcpherson bill, but his
motion was changed and put in the
form of resolution, which was adopted
as follows:
Resolred, That the Senate bill No.
1892, known rs the Mcpherson bill, in
PRODUCED in the Senate, December Sd
1884, is commended to the delegates
from UTAH, IS embodying substantially
our views-in,r reference to the coinage OF
silver currency.
1t was moved that the Secretary
report the proceedings of the meeting
to the Governor, and that he report
them to those m Denver, after which
the meeting was adjourned, subject to
the call of the chairman.
The proceedings of the meeting were
characterised by the free-and-easy mode
of behaviour which belongs to men of
means and influence, and the intent
with the majority, to do their level
best in the interests of silver and the
prosperity of the mining industries
of Utah, was manifest III all that was
done. The gentlemen evidently under
stand that where there's will there's
way" and that they are going t.
prove its truth in their application of il
to the present move to proteetthe silver
interests-of the country.