Los Angeles daily herald., 1889-11-28
counterfeit the effect of the paper con-

sNAss~S s&aV 0AhSSs "a SAAO RoRoA wa
traction.
''In the continents to the south OF us,
and to the west, in Asia, there are eight
hundred million people who use only
silver as money. They are our best
customers for manufactures, and the
chief source Of foreign trade. We ought
to have this trade, and proper Legislation
or. the silver question will greatly aid us
in securing 1t. BY the free coinage of
silver aud gold New York, and not Lon
don or Paris, would be the money center
for the exchanges OF the world"
OTHER PAPERS AND ADDRESSES.
After listening to paper on the silver
question from Thomas Jordan, editor OF
the New York Mining Record, the con-
vention took recess till 2 80 p. m.
The convention rs-aesembled at 2:30
p. M, and listened to papers from Judge
Morris, of Richmond, and Congressman
Symmes, of Colorado. Symmes referred
to an article from John Jay Knox, in
which Knox took position adverse to
the sentiments of the convention, AMI
said: "And this is the man who advised
Congress to demonetize silver from 70 to
'73, because, as he argued, an American
silver dollar exceeds by three per cent.
the standard Of gold, and will not circu-
late, but will be exported for re- coinage.
Congressman Symmes was followed by
Senator Stewart, Of Nevada. The Sena-
tors address was an of.hand talk, and
seemed to suit the delegates better than
the printed papers to which they had
previously listened.
WHAT SENATOR STEWART SAID.
In the course OF bis remarks, Stewart
said Nations have tried lead, iron and
copper, but finally all civilized and semi
civilized nations have decided on silver.
The use of silver is prehistoric. The
| first We heard of the use Of silver WAS as
money, while geld was first used as an
ornament and later as money. For three
| thoueand years or more these have been
the metals out Of which money could be
manufactured. Now, I Say ss long as a
dollar can be manufactured out OF given
quantity of silver or geld, it makes no
difference to the owner what bul.
lliou hs has. With either he can
get dollar, and with that dollar
BUY the same amount OF labor or prop.
erty. There is nothing like a scarcity Of
money. Poverty, inability to pay debts,
Inability to support q family, will make
1 ulNfl CUWHIubs ut3 CI6sttlUu Vi tfAS klCdt
middle classes Of England was brought
about by the discovery OF gold in Mexico
and South America. Free silver in Eu.
rope WAS the cause Of the people having
some money and becoming independent.
The farmers of our country today, in
consequence of the Vaccinations Of the
money kings and mono.metallists, are
losing the independence Of character fol
which they have been noted. Thei,
mortgages are making them towards.
'I will not stop to explain how this
silver demonetization fraud was com
lniited. There was no discussion in the
Senate, not word, not suggestion in
the Senate that the dollar was to be
omitted. There is nothing in the record
Of the Senate to show how that dollal
got out. The minutes of the committee
do not show it; but we find the fact to bt
that silver was omitted, and / call upoT
the people to explain how it occurred
There was twenty-five thousand millions
of national debt we know of, and it il
estimated that there is at least three
times as much other debt, county
municipal, corporation, etc., max
ing hundred thousand millioni
in all. Two hundred millions o
gold and silver was being manufactured
q month. Tho people had right to rel.
on that. Now this scheme is TO cut OF
one-half that supply, and the debtor i
bound by that contract"
Senator Stewart closed by urging tha
there be plain demand upon Congress
to remonetize silver-no dallying, n,
compromise, but straight demand
"Meet the creditor" he said, ''face (
face, for if you must yield him your prop
erty; you might as we'll do it now as il
the future"
Il RECOMMENDATIONS TO CONGRESS.
| The report OF the Committee on Rese
lutons WAS read, recommending
memorial to Congress demanding tn
passage OF laws fixing the coinage valu
of gold at 25.8 grains, and silver at 4121
grains, standard fneness; the purchas
OF at least 81 ,000, 900 silver bullion eacl
month, and the free and unlimited coir
age Of silver and gold on full and equs
privileges under the coinage laws.
After some discussion these resolution
were re-committed for correction.
Il CALAMITY" wELLER's IDEAS.
Calamity" Weller, of Iowa, dissente
th0AA ebO FAO 6o Ol va0 Otu0l uIGmOCI5
the committee aud presented minorit
report, in which he asked an endorse
ment of the act of Congress of 1884, b
which six per cent. OF the material wa
taken out of the gold dollar coin; also a
endorsement OF legislation which mad
the silver dollar Of 1858 grains, nine
tenths fine, the equivalent of the 4l21
grains, nine-tenths fine, dollar befor
the law, and in all courts of record /
limited payments. This, he stated, woul
> demonstrate the correctpess of the cor
lclusion Of the Supreme Court that tn
8 material Of which money is compose
0 hos nothing whatever to do with Tia
: properties impaired by Congress, an
f; will become demonstration of the pui
pose to finally teach financial syster
: which shall be az purely national as th
. constitution, and as also wise and pa
+ triotic element in the final solution of I'll
, vexed tariff question.
II After reading telegram from th
President of the industrial League /,
Washington, urging the unlimited coir
! age OF silver, the convention adjourne
, till tomorrow.