Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1885-01-31

DENVER, January 30th.-To-dav' delib-
erations OF the National Silver Convention
were of a most harmonious character, none
of the unruly spirit which predominated
in the first session being observable 4 dis
cussion Of the reports presented By the
Committee on Resolutions consumed nearly
the whole day, and was participated i'll by
large number of delegates prominent
among whom were Congressman Beltord
and Congressman elect Symes. AT 5 o'clock
the majority report was amended in some
important particulars, and passed by Il
unanimous vote. It read as follows:
The States and Territories of Kansas, Colora-
do, Utah, New Mexico, Idaho, Wyoming, Ari-
zona in convention assembled nj Denver, Col.
January Is, 1888, adopted the following reso-
utions rs a declaration of principles: First
that we are in favor of the doctrine of bimetal
lism, as embodied in the laws OF the United
States previous to 1873, and we urge the enact
ment Of those laws at the earliest practicable
moment; second, that IN the interests OF trade
and commerce, we demand the free and unlim
tied coinage OF gold and silver bullion at the
present standard OF coinage: third, we demand
that Congress shall pass an Act directing the
Secretary of the Treasury to withdraw from
circulation all one and tWo-dOllar bills in order
10 give larger circulation to the standard dol
lars fourth, we condemn the Secretaries of the
Treasury for their unlawful evasOnS OF the pro-
visions OF the Bland bill, and other laws relat
ing 10 the amendment, and demand that the
clearinghouse balances and obligations OF the
Government be paid Without discrimination III
gold and silver, or gold and silver certificates
fifth. that it is the sense of this Convention that
q law amcl ldatory OF the National Bank Act be
enacted, whereby said banks throughout
the United States snail keep not less
than fifteen per cent. of legal re-
serves in national standard silver coin, and
also that the redemption fund of said banks
shan be in silver coin sixth that until Con
gress shall restore silver to its ancient, righttul
and constitutional equality with gold in respect
to coinage, we demand u liberal construction and
faithful execution of the provisions of the Bland
| bill : seventh thai the demands and recon-
mendations above made are based on broader
grounds than any consideration of mere section
aiism or protection ot particular industry :
that they are the Wei-nigh forgotten terms Of
the wise Constitution and laws under which this
nation has gained its place rs the foremost peO-
pie of the globe that silver needs such protcc
ton as Is extended 10 the pampered industries
% the East: that this question touches the dear
est interests OF every human being OF the broad
land, and that ii involves the question of
whether the debt-paying medium of the nation
shall be 50 changed as 20 increase the value of
notes bonds, mortgages and other fixed in
comes, and depreuiatc the value of all other
property. and also involves proper execution
of our Constitution and our laws.
H. c. Sny Ter, Of Kansas. offered the fol-
lowing resolution, which was adopted
WHEREAS. The material commercial interests of
the southern and western PORTIONS of this nation
(
whole nation; and whereas, the secretary of the
Treasury Sways the financial power OF the Ad-
ninistration ana has seemed to possess the
power to almost nulllfy the Acts OF Congress- as
is notably instanCed IL the manner in which the
Treasury has been administered since the pas
sage of the Act known as the Bland silver bill;
Res0igcd, That The Silver Convention, com
posed of delegates of several States and Terri
tories, of all political opinions and compleXions
earnestly request Fresdent-elect Grover Cleve-
land To select some state ,uan for Secretary Of
the Treasury who viii not act in the interest Of
national banks and Eastern brokers. but viii
recognize the great interests OF the South and
West in shaping the financial policy of the Ad-
minlstratiOn, and strive 10 promote the interests
of the whole people insteUd of consulting the
wishes Of the magnates Of Wall street.
A copy of this resolution was ordered
sent to Presideut-elect Cleveland.
The committee appointed to consider the
plan of National Silver Association made
its report, which was adopted. 1t declares
that the purpose of the Association shall
be the securing of such national lagislation
and action as viii make etlectuai the
recommendation and principles promul-
gated by this Convention upon the coinage
OF silver. The name of the organization
shall be The National Bimetallic Associa-
ton \ preliminary committee Of fifteen
from the States here represented was ap-
pointed 10 prepare memorial address, en-
/ bOdying the principles declared by this
Convention on the subject of the coinage Of
silver currency. 1t provides for a National
Committee, who are empowered to call a
National Convention, fix the basis of rep
rescntation therein, and perform al! the
! duties incident to their office. The prelim-
mary committee are required to enter upon
the discharge of their duties without delay.
The Convention adjourned sine die