Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-28


ST. LOUIS, November 27.-Soon after the
silver convention assembled to-day, the fol-
lowing resolution offered by Mr.. Jacks, Of
California, was received with cheers and re-
ferred under the rule:
WHEREAS, Wall street and Eastern bond
holders are now actually at work STRIVING to
elect Speaker for the approaching Congress
whose record Is entirely opposed to silver inter-
ests, and,
Whereas, Representatives in Congress should
be servants of the people, and,
Whereas, This great convention shows the
unanimity of public opinion in the Western
and Southern States and Territories in favor Of
more coinage of silver, therefore, be 1t
Resolved, That the Western and Southern
representatives in Congress be requested to
support some friend of silver for the Speaker
ship of the present House Of Representatives,
and that their failure to do so will be betrayal
of the people warranting their political death.
ADDRESSED BY BLAND.
The Chairman then announced that the
convention would be addressed by Congress-
man r. P. Bland, of Missouri. Mr.. Bland
was received with storm of applause and
addressed the convention at some length.
He was followed by Senator Stewart, of
Nevada, whose ringing remarks evoked fre-
quent outbursts Of applause The Senator'S
address was distinctively ofhand talk, and
seemed to suit the delegates much better
than the printed papers to which they had
previously listened. Among other things
Senator Stewart said:
During the deliberations thus far. 1 have
been profoundly impressed with the fact that
the question Of money is involved in these pro-
ceedings, and in order to understand what
hrA
the elementary principles that govern money
Civilization without money Is impossible. No
progress whatever has been made toward ciyilf-
zation without the use Of some medium Of ex-
The individual by himself, however strong he
may be, cannot become civilized or maintain
civilization. The most intelligent and strongest
maintain civilization. We must avail ourselves
of the efforts. labors and intelligence Of others.
A CLEAR NECESSITY.
There must be an interchange Of commodi.
ties In early times and among the saYages
efforts have been made to obtain some medium
Of exchange. The people OF some nations have
had cattle and others grain, and others shells,
and the Chinese had the bark Of the mulberry
tree stamped in peculiar way. The Africans
have various kinds Of trinkets. Nations have
tried lead, iron and copper, but finally all civil
lied and semi-civilized nations have decided
on silver.
The use OF silver is prehistoric. The drst we
heard Of the use Of silver was as money. Gold
find gold is used as money. The two metals
are pecular-they are imperishable. Nothing
can destroy them. Their qualities are entirely
similar. Consequently the two metals, gold
and silver, are termed the precious metals.
For 5000 years or more they have been the
metals out Of which money could be manufac-
tured. Now, say as long as = dollar can be
out of given quantity Of silver
or gwen quantity of gold it makes no diner-
ence to the owner what bullion he has With
either he can get q dollar, and with that same
dollar he can buy the same amount Of labor or
SOME ANCIENT HISTORY.
When Rome rose to greatness by conquest,
she persistent1y gathered to herself the treas
ure of the civilized world. The excavations in
Spain bear testimony to-day Of mining opera
tions conducted 1000 years ago. But as she
went on accommodating gold, property was going
up, the whole Empire was employed during
several centuries and until the time of Angus
tus, when she was in the zenith. it is estimated
that she had from 1SOQ TO 1000 millions OF
money, gold and silver, in circulation in the
Roman Empire She, beside this, had vast
amount of plate.
Mining ceased, the Empire was rent in twain,
was borrowed and lost and she kept growing |
poorer and poorer, until the end Of the |
seventh century, when she had lost the great |
Z.
went on for 700 years, poverty and debt grow |
ing, ability to pay growing less all the time. |
No man had any courage in those days. No |
man could assert freedom and Independence. |
Why tell you, there is nothing like scarcity |
Po1erty. inability to pay debts. inability to
support family, will make men towards. Zap |
plause.l The creation of the great middle |
classes of England was brought about by the |
discovery Of gold in Mexico and South |
America. Free silver In Europe was the cause |
ing independent. The farmers Of our country |
to-day in consequence of the Vaccinations Of |
the money kings and gold mono-metallists, are |
losing the independence of character for which |
they have been noted.
A STRONG STATEMENT.
Their mortgages are making them towards. |
There is nothing that makes . man coward so /
quick as . mortgage on his farm and to have |
bis creditors pressing him. IApplsuse.l will |
not stop to explain to you how this silver
in the senate when the bill passed; I did not
know it; had no means OF knowing It; / did |
not know that any such scheme was contem-
plated. There was no discussion IN the Sen
ate; not word not suggestion in the Senate
that the silver dollar was to be omitted.
There is nothing in the record Of the Senate
10 show how that dollar got out. The confer
ence of the committee don't show IL, but we |
ind the fact to be that silver was omitted. and
call upon the people to explain how it oc-
CURED. It may have been mistake. Who
made the fraudulent dollarf The men who
got the bill through and who
seem to take charge Of the fraud
A delegate-Mr. Stewart. are the people
bound by that fraud?
Mr.. Stewart-They are bound as long as they
Jubmit and no longer. loud cheers and cries OF
hi hr'.l They are bound to that extent and
no more. This trick in thNSenate was played
for some motive. Let US trace it back to see
What the motive was. There was s. 100000 600
If national debt that we know of. It is esti-
mated by statisticians that there is from three
20 FIVE times as much other debt, consisting Of
county, municipal and private debts of in
liyiduals and corporations, as National debt
THE REASON FOR IT.
Suppose there was only three times as much,
hat would make $4,000 900 Of debt in all.
When that debt was contracted the people had
he right to rely upon the supply OF money
coming from the West. Two hundred millions
If gold and silver was being manufactured in
month. They had right 70 rely on that and
@ make on that. Now the scheme cut on one
lalf of that supply and the debtor is bound by
hat contract When you ger in debt you sell
money short and you agree to denver some
hing that you have not got at that time If it
dollar you have contracted to deliver you
ire in the language of the street ''clinched"
We know before the report was made what
must be the result of the investigation in
Europe. We knew that the Powers that were
II work we knew very well that the law Of
Iupply and demand would make the price OF
money go up and the price of property go
iown; we knew that; all OF rs knew 1t. IL did
rot want ANY philosophers to tell ycu how Il
would be- The royal commission ascertained
he fact and they made it public. They ascer-
ainedit and put It in the learned language,
out all the same 1t is the fact The world has
suffered and every age has suffered and all
laye suffered, and everywhere except the
,Undholders. The whole world Is suffering the