Salt Lake evening Democrat. [volume] (Salt Lake City, Utah) 1885-1887, 1886-10-08
WHEAT AND SILVER!
An Address by the Bi.Metalllc Coinage
Association.
The Depression Of Silver the Ruin oil
the Wheat and Cotton Industries.
Equal Rights for Gold and Silver ana
the Free Coinage Of Both.
WASHINGTON, D. O., Sept. 5, 1886


What is the price of wheat to-day?
What is the result OF the years labor?
Look at the market reports. During the
year 1885 the average price OF a bushel OF
wheat in the New York market was
$1.O7, but it must be remembered that
that was half a crop. All the wheat fields
of America produced only 2570O0,OOO
bushels, while in the year 1884 they
Welded over 5l2 100000 bushels. The
present crop, the country over, is fairly
abundant, but how much money will it
bring? 1t has cost labor; what do you
get?
SILVER WAS DEMoNETIzED IN 1873.
For ten years previous to that date the
average price of bushel OF wheat was
So. 10 $40; for the ten years following the
average price of a bushel OF wheat was
only 81 $40. For ten years previous
to the demonstration OF silver the aver
age price OF an ounce OF that metal in the
New York market was $1.322 for the
ten years following its average price was
$1.l6 $40. These figures are official
and they are significant. Any one can
verify them in the office OF the Librarian
Of Congress, or by copy OF the "Ameri-
can Almanac" for the current year. At
this time an ounce OF silver is worth in
the market only 90 cents; what is the
price of a bushel of wheat? Who can say
that he will get a dollar for single
bushel OF this years crop? How many
will be glad to get 80 cents? The truth
is this: While the silver miners have
lost, and are now losing, thousands OF
dollars by the warfare on silver, the
wheat growers have lost, and are losing
millions.
1t is the open boast OF East Indian
spectators land we quote their Words
that "the effect OF the depression OF silver
must be the ruin OF the wheat and cotton
industries of America, and the develop
ment of India as the chief wheat and cot
ton exporter of the world.
Will you permit it? The re-establish-
ment Of the free coinage of silver will
prevent it.
A little more than wear ago the Ma
tional Bi-Metallic Coinage Association
was organized for the defense of silver /;
for the defense of every farmer, miner,
laborer and debtor in America. 1t has
no part in politics. Its motto is Equal
Rights for Gold and Silver and Free
Coinage for Both" This motto is the
spirit of the statutes established by the
trainers OF the Constitution, and in force
from 1893 to 1873. The President of the
Association is Hon. John p. Jones, Re-
publican United States Senator from the
State of Nevada, and its Treasurer is
Hon. James B. Grant, Democratic Elk
Governor of the State of Colorado. Com
posing its National Committee are promi
nent gentlemen of various political opin-
ions from nearly every State in the
Union. Its chief aim has been to inform
the people realizing that when once in.
formed and aroused, the voters of Ameri.
ca would so thoroughly agitate the sub
ject as to command the respect
full attention and favorable ac
ton of their Senators anc
Representative in Congress-and ever
OF the National Executive. 1t has been
said by the gold bugs of the east that we
were band Of "Silver Bonanza Kings
from the far west, who came to Washing
ton to "buy votes" This charge con-
tains no word OF truth, Since its incep-
ton our organization has raised and ex-
pended (wholly in the work above de-
scrlbed) less than $4,000. Every dollar
has been faithfully accounted for. Its
expenditure has been more for the benefit
OF your interests than for silver miners.
We have distributed hundreds OF thous-
ands OF documents, and the people are
Just beginning to call Tor them. They
are becoming Interested.
We saw the gold mono metallist forces
gather at the opening OF the first session
OF the 49th Congress, and heard them
boast that within thirty days they would
secure the entire suspension Of silver
coinage. We saw them defeated in the
House OF Kepresentatlves-and that on II
modlhed proposltlon-by vote OF PA to
50 Counting pairs. And we saw l40
solid votes cast Tor the free coinage OF sill
yer. We are greatly encouraged, but we
need money to continue the work. Those
who have contributed to this work in the
past are willing to do so again, il others,
who are sure to reap much the largest
share OF the profit, will help.
At meeting OF our Executive Commit
tee held in this city on the 25th day OF
March last, Hon. John p. Jones, of Ne
yada, Hon. l.. Il. Holden, OF Ohio, Hon.
=: 7. Ferry, OF Michigan, Hon. W. A.
Clark, OF Montana, and Mr.. M. III. Slater,
OF Colorado, were appointed sub-com-
mittee to solicit subscriptions. And now,
in view OF the facts herein set forth, this
committee makes this appeal to the wheat
growers OF your State to come to our as
sistance. We ask you to contribute at
| the rate of Onn-Ialf a cant for ayarv