The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1889-11-28
VIM RESCUE OF SILVER
/, the Cry at the National Con-
yontIou in ST, Louis.
THE IMPORTANT RESOLUTIONS
Adontcd at the Session Yesterday,
Jonu Thompson has Some De-
cIded Views on tho Demoneti'
n,ion Of Our silver

ST. LouB, Nov, 97,-It was nearly
II o'clock before the National Silver
Convention was called to order by the
Chairman this morning, A number Of
tel,pr,ms irom delayed delegates were
,ea6. stating that they would arrive to.
Jw. Delegate Morse, OF Colorado, in
trolnred the following resolutions
"Rcolrsj, That the Senators and
Representatives in the Congress Of the
limited States be aad are hereby re-
on,s,pd to establish unit for the coinage
If silver with the south American States
that shall make silver coin pass current
m A par wilh gold in all tue Ameri cas-
Of thp Western hemisphere, aud that
t6py also be requested TO open negotl'
sliIps with the Congress OF oil the
Americas now in session to build q road
through the States Of America"
la his deliberate judgment augmented
coinage would pave the way for the
slonlion of free coinage by aCclamation.
Tbe paper continues: with the de.
mopetlzl,ion Of silver began IN era ot
contraction, not perhaps shown by the
aggregate figures Of the outstanding cur
ryHcy, but by the dlspropoItlon between
ibe Increase Of the currency and the
business Of tho country, which has In
creased out OF all proportion to the
growth 0f our aggregate circulating me-
dinm. OF the mass Of gold ln the Coun.
try obtained since resumption, some two
hundred millions Of dollars Is kept In
thp Treasury, aud is virtually no part oi
tbe working currency, II isonly drawn
out when USED for foreign shipment,
Our working currency consists OF legal
tender notes, national bank notes, silver
coin and silver CertiIicates. The latter
dOuOt now increase aS tnst US national
notvsan retired.
OUR CURRENCY DIMINISHING.
Therefore, 1t can be truthlulIy said
thut the stock Of currency that does the
work Of the country Is slowly but surely
diminishing, while the business de-
mands upon il are constantly inCreas-
ing THUS, there have been two inau-
Cncrs at work tending to increase the
measuring power OF money in the
uuird States and subsequent depreCia.
ton Of property; one, the general effect
Of the dtmOueliz liiOn Ui silver and the
Other thr contraction Of the particular
kind Of currency used. While our dol
lan Are Of silver aud the silver certiii.
Gates are based upon them, so far both
these dollars and their representatives
have been restricted in amount aud kept
Onaguld basis by policy that has favor
I'd the MunOmulallic standard"
Thv decentralization VI silver has been
and is wicked preference given 10 the
creditor over the debtor classes OF our
ealirt population aud 1t is this prefer
ence that is driving our middle Classes
Into poverty and enabling miIliOuaires
to multiply their millions, Nothing, In
my opinion. will save our people from a
sucla revolution SO surely III the full
decentralization Of silver and giving 1t tall
tbs advantages We now give tU gold,
both In law aud in rulingOl our treasury
department.
"lnemUuu.gold standard is stepping
stonv u auarChy F; nay, is more, u flight
Of sInlIs ltahiug'tO tue chamber nj h0r.
rors, bankruptcy, pabiCG, suicide, rcpu-
diatlOn,a rarllnlsm 0ndunivetal poverty
amung all real wealth producers for
whose welfare the best minds, the best
statrsnauship and tho best representa-.
iiyes OF all legitimate business interests
should ever br enlisted"
Tue following resolutions offered by
MI Jarks, Of California, was received
with cheers and referred under tue
rule:
WHEREAS, Wall street and eastern
bondhOldtrs ate now actually at work
striving to elect q speaker for the ap.
preaching Congress whose record 10 en-
lirely opposed to silver interests, aud
WHEREAS, Representatives In Con.
gr'.ss should be servants Of the people,
and
WHEREAS, ,Thisgreat conventions shows
the uuumnlity Ol public opinion 10 the
western aud southern States and Terri.
lSo,Flrs tories III favor Of more coinage Of silver.
Tuetilr, belt
"R'oNd, rhNt the western and south.
cru representatives In ConYteBs be re-
qursltd to support some friend OF silver
Lot 'hv epeakrrship, OF the present
House Of Representatives, aud that their
Mllurc 10 dU NO will buA betrayal Of the
W9lranting their political DEATH"
Iht Chairman then announced that
ihe convention would be addressed by
Congressman X =. Bland, OF Missouri.
Mt BIuhd WAS received with a storm Oi
applause addressed the convention at
sOlnr length.
Senator Stewart, Of Nevada, spoke
ihlS afternoon, Among other things,
he said: Civilization without money ID
impossible. In early tunes aud among
lle savages, Efforts have been made Ia
oolalt some medium OF exchange. Ma.
HOhs have tried lead, iron aud copper,
out hhally all civilized and semi
civilized nv natiOns have decided on silver.
Lhr liist We heard Of the use OF silver
Na'as money. Gold was frat used az
Iu ornament. by aud by We 6nd gold
used as money. The two metals arc
tCuIlaF they at6 imperishable. Now
is Ss % long as q dollar can be manu-
,av'uItd s.Itd ont OF given quantity OF sil'
NF ora gwen quantity OF vold, Il mAkeI