Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1890-02-19
sILvER auEsrIoN.
Mass Meeting at View York Last
Nighttime Speeches.

- @Nth L-I-
hisht--The Speeches.
. NEW YoRrs, FEB. is.-A ma,
meeting on the silver question W.
held tonight at Cooper Union. undo
The auspices Of the comzlittee al
pointed AZ the national silver cor
ventlon at ST. Louis last fall. Gen
eral Edward Curtis Of San Francis
mad the meeting In charge, and wifi
him were General Warner OF Ohio
chairman Of the national silver com
mites, and ex-Congressmau Thos
, Fitch Of Nevada.
Ex-Postmasper-qeneraI James va.
elected chairman.
General Warner was the fir
speaker. He said that nothing couIt
concern the people more than
money. He presumed that al
would concede rs a fact not TO b,
disputed that the prsceut rnnee bI
staple commodities In the worll.was
as lew now as In lS4S and lSl9, orbe,
lore the gold discoveries in C:,lifor.
ma ana Australia. He CONTINUED:
ioday, 70 get = dollar, 4 farmer
mnst give three measures offfh<dt
and the manufacturer three tons Of
iron, to get as much gold mohey as
two measures would exchange Tor
In 1873. Is the change in the gucis
or IN the measure? There ars the
same number Of grains I'm th5 goli
dollar rs in 1873. a cha5ge in
money may come lay increasing or
decreasing its value, or by incneas-
Ing or decreasing its weight. Eske
the period Of twenty-cne years pre-
viOus to 1873, when the production
OF gold and silver was at the rate Of
SIS, 100000. During that period
the wealth incry .sed as it never did
before. There was an outbunst OF
phenomenal prosperity. In 1873
prices began TO fail, and they con-
tinued TO fall and become less than
when gold was discovered. From
1873 down to now Germany,
Italy and the Emitted States have
mot only absorbed all the gold that
cane into use during that per
iOd, but have compelled a redis-
tribution Of gold in other countries
In three decades the population viii
be greatly increased. Where Is the
money TO come from for the in
creased demand? But this is the
prospect the gold magnates hold out
to us. Are we 10 stand this? Are
/ the debts of the world to he dis
charged at the prices Of products OF
the fourteenth century, No. Con-
gress will he called upon to right |
the wrong done in 1878 by restoring
the coinage Of silver. Why, that |
act OF demonetizing silver was no
more justifable than n hierarchy.
Where is the right OF one class to |
change the measure Of another? |
Why, if it had been proposed 10 add |
another metal to gold and silver to |
cheaper the money, the people |
would have cried out against the
fraud. Isit any more justifiable to !
change the measure in such a way /
that il would not be found out? 1t
was done, not for the benefit Of the
world, but for small minority.
EN-CUNGRtssSIAN FITCH
said this was no longer n problem Of
honest finance, but of rascality,
that seems to tangle up the multi
plication table. at is n truth, " he
said, chat the value Of all things
should be measured 10y money, and
money by its quantity. Whatever
might be said Of proper money in
fiations, no instances could b. rec
orded in all the history OF the civil
lied world where injuries - indus
tries was done by the increased
coinage OF gold aud silver. This j.
because il Is an imitation which, in
the nature Of things would he
benefit 10 the producers. Inls55, at
the conclusion Of the civil war, the
industries Of the South were pros
trated and the industries Of the
North unsettled and perturbed.
From 1865 to 1878 We were busy
knitting up the industries that the
war had unraveled, and creating
and recreating homes all over the
country. There WAS no reason for
in this work. There was
no excuse for the demonstration
OF silver. Explanations have beeu
but the truth is that gold
was jockied into the
federal statutes. IL was inserted
therein 10y fraud. 1t has been stated
that the commission 70 mention the
silver dollar in the act Of 1878 was
the result Of an accident. The man
ipulatOr Of the bill, one Of the con-
gressional engrossing clerks, in 1873,
was an adroit and far-seeing sound
rel, who was probably acting under
the direction and influence OF Bis
marck and the German govern
ment
'.Thc growth Of this nation has
been phenomenal, but the industries
have been captured by the few rs
fast as they have been created by
the many. 1t is a slavery we have
today in the North, created and
sustained by a machine more power
Tul and complete than that which
cur armies overthrow. Labor runs
he earth and hammers it into pom
ferrous forms and glittering blades.
Il is the toll Of labor alone that
guards the nation from poverty and
gant.'
Some one in the audience, at one
portion Of Fitch's speech, asked how
President Harrison stood on the
question. Fitch, in replying, said
hat Harrison had disregarded the
iilver plank in the platform on
which he was elected. He might,
however, in time give the people
ustiee. II would be well, said Fitch,
ior the future Presidents OF both {
larties 10 turn their eyes to the 1
West. The new States would soon !
urn the tables on New York, the |
pivotal State. While New York
night continue to deal the cards the
new States would take a prominent
Dart in the shuttle.