Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1891-04-17
The Proceedings of the Com
mercial Congress.
N UMEROUS RESOLUTIONS.
Different Views on Transportation and Pools TO
Steady freight Rates.
New York Chamber of Commerce ON tho
Importance of Improving the Mis-
sissippi River Majority and
Minority Resolutions.
THE GREAT CONGRESS.


!. Akeuson Of Boston and Senator William
Stewart Of Nevada Senator Stewart,Iu AIz
( letter. said that he was IL full sympathy
/ with the Western States commercial con
, greSS. and realized the necessity Tor the
| united action Of the West aEI South 70 II
SlSt the absorbing avaricc OF the gold
. cuntractlOniStS OF commercial ceutCrS Of
| Europe and the United States. Il was I'D
| United that enterprise must anguish, bus.-
| ness be curtailei and progress and deVc.uu-
| ment stayed By adherence 70 gold mono
| reta.iSm. but such WIS the policy dictated
10 our government by money changers.
B Silver had been dcmOUcJized ana there had
/ been no material increase III the volume OF
I gold coin IN the commercial world. the
/ output of gold had been absorbed for none
| tarv purposes. AND population. business and
I credit had expanded enormously while gold
/ for ultimate redemption had remained sta
/ t.ondrv ana declined
OLIGAKcuY OF GOLD.
/ MOnonetaiistS are either owned or con-
| .rOlleu by the banks. They held every
| dollar OF gold coined iii existence. he al
| yUcated that the people should break the
! corner by the restoration OF silver 10 lis
/ proper place as money. and thus free them
I selves from the hard conditions imposed
! upon them. All financial laws enacted Oy
| congress for the last twenty-five Years had
| been direct subsidies to the money powers.
| How long. he asked, would the pro
| ducers OF the West permit such legislation
| Il was time for the producing classes
! especially those of the West and South
/ west, to assert their rights. Under the
! characterization of silver mortgages have
| grown heavier and the prices of farm
products have declined He advocated
/ the free coinage OF silverc and the max
| ing of il Il LEGAL tender and said that coined
| silver of Europe was legal tender on L par
with gold at Il premium of about b. per
| cent. About
OUR STANDARD DOLLAR.
The suggestion that under the free coinage
of silver the coin OF the country would ind
a market in the United States and suffer
the discount of from 81. per cent on Euro
p2au silver 10 per cent on Indian silver,
was absurd. Other measures might Ue
necessary IL supply a circulating medium;
but free coinage was the tirst and most I'M
portant step iii the emancipation OF The
| misses from dominion Of money.
Kings committee on rules presented a
rule that each delegate present should be
permitted TO vote on al matters to come be
fore the congress. There was Il desire on
the part of The states that had had not sent
full delegations 10 amend the report so as 10
give each state represented one vote; but
an amendment to that was effect was voted
down and the report of the committee was
adopted.
The roll of states was then called for
introduction of resolutions, which were
referred TO the committee on resolutions
as follows:
RESOLUTIONS.
BY IOuisiana-For improvement OF the
Mississippi river: also q resolution on
immigration The latter resolution Sug-
gests that only foreign immigrants who
desired to become naturIliLed ana would
make good citizens, should he permitted
10 enter this country. The introduction Of
this resolution was greeted with great
applause and much cheering.
\ resolution of a similar character was
offered By the state of California. The
resolution asked congress and the various
states to enact laws providing that MEM
bership in the Malta organization shall be
Il felony and that each member Shall be
held in law to he accessory before tha
fact of each crime of the organization.
This resolution was also enthusiastically
received by the congress
BY Hon. W. j. Bryan Of Nebraska
That part of the revenue necessary for
support OF the national government should
be raised from
\ GRADED INCOME
tax: that all legal money Of the United
States should be made full legal tender fOI
all debts that no advantage was to be gained
by the people from the system OF re-
ciprocitv as At present prepared; but that II
was regarded as essential TO our welfare
that freer commercial intercourse With
farms: that coal, iron ore, wool, salt, lulu.
Der binding Irvine and cotton ties should
be placed upon the free list; that the tarih
on the neccSsaries of life should be greatly
reduced and that luXuries should be made
10 bear the heaviest burdens.
BY NisSouri-Crging the Improvement Of
the Mississippi and other Western naSigabla
rivers and favoring the construction of Z
shipping act TO connect the Mississippi
river with the great lakes.
BY Mssissippi-To abolish ticket brokers'
and scapers and to force the railroads TO re-
deem the unused portions of tickets.
BY MISUNDERSTANDING bimetalism and
free coinage OF silver and gold and the
maintenance of parity between gold and
silver money, the holding of an interna-
tional monetary convention, construction Of
a ship canal to connect the great lakes with
the Atlantic ocean, and single tax on land
values.
BY Michigan-Hailing with delight re
newal of the friendly spirit between North
and South and u commercial union between
the South and West.
By kansas-Favoring an issue by the
government of legal tender treasury notes,
based only on silver reserve, sufficient IN
amount TO carry on the increased business
of the country Speaker Elder of the Kan
sas house of representatives, offered the
resolution, strongly commencing the con-
duct Of affairs of the agricultural depart
nent by Secretary Rusk,
BY Ohio-Fayoring the establishment in
each state of . secret ballot law.
BY Tennesse-Favorins the construction
of ship canal between the Mississippi
river and the great lakes.
HON. {. +. CRISP,
of Georgia, a guest Of the congress was
invited to deliver an address. He chose for
his subject, Taxation" and in speech
characteristic of himself held the attention
of the congress for over an hour. His re-
marks were devoted principally 10 criticism
Of a protective tariff.
Ex-Governor Gear of Iowa also responded
to an invitation to address congress. Ha
chose for his subject, Markets for West
ern Products" He favored more complete
railway facilities, Improvement OF the
water ways, and the extension Of recipro-
city treaties.
Recess was then taken until this evening.
PAPERS READ.
KANSAS CITY. Mo, April let was 10
O'Clock before the Western states congress
assembled this morning. Bishop Hendricks
opened the session with prayer. The days
programme was then Immediately entered
upon.
James Peabody Of Chicago read a paper
on railroad pools. He said it was not SO
much low rates that the shippers wanted,
but It was stable rates. The speaker i'll
dorsed the interstate railway commission,
and said that what the railroads wanted
WAS not so much great business as steady