Los Cerrillos rustler. (Cerrillos, N.M.) 188?-1891, 1891-05-29
FREE SILVER.
EI.COT. GNTHOsY II OPPOSITION.
Other Speakers In Hsver-cemmtttee Re
ports Favor Free CoinaEe-omahs
Chosen Tor the Next Trnnsmls-
slsslppi Congress-

Denver Col. May aa-At yesterday
mornings session OF the Transmissis-
sippi congress resolutions were offered
indorsing the Nicaragua and Hcnnepin
canals and the Torrey bankruptcy bill:
favoring the free coinage Of silver. and
favoring the defense for the deep water
harbors and navigable rivers
After an address advocating free sill
YER j. the money of the people. and
river and harbor improvements by ex.
Congressman Bedford, Of Colorado. the
congress took a recess.
After recess the question Of a place
for the next meeting was again taken
up. On the first ballot the vote stood:
Omaha IA. New Orleans los. and
Omaha was declared the choice of thu
congress.
The silver question was then dis
cussed at great length by Judge
symmes. Of Denver, and Chairman
Ferry, of Utah, for, and ex-Gov. An
thony, of Kansas. against free and un-
limited coinage of silver.
Mr.. Symmes spoke upon silver coin
age. The east, he said, was misled by
pamphlets circulated by eastern bank
ers. lie asserted that there could be
no menace in the adoption of free coin.
age as Japan, Spain, Austria and Great
Britain had been running to their full
capacity TO meet the demand Of the
world. II these monometalists were
earnest in their arguments why did
they not export their silver to India,
where il could be coined at G per cent.
advance on America Free coinage,
the speaker declared. would break up
three-fourths of the English commerce
on the G lie closed by urging reso-
lutions In favor Of free coinage.
Ex-Gov. George 7. Anthony, of
Kansas, said that gold and silver had
always been regarded as measures OF
value, and, as congress was empowered
to establish a uniform system of
weights and measures, II had the right
to declare the value Of silver. The sill
yer industry, he said, had been prose-
cuted by men who built up palaces,
which could be seen on every side in
Denver, and allowed their profits
to overflow and be invested in
magnificent bust ess blocks and
colossal hotels Yet they pleaded
poverty and upbraided the east
for unjust legislation. The speaker
referred to the development of Chicago
and its marvellous growth, which could
not be equaled by any city in the east
Where was the discrimination. he
asked, in face of such unparalleled inn
p~rovements. His principal point was
that the value of silver and gold was
regulated by the law of supply and de-
mand the same as that of the eommoner
metals; that the cry that silver was de.
preciated by limited coinage was a de-
fusion.
L. 7. Ferry, of Utah, relinquishcd
the chair in favor Of Gov. Prince, of
New Mexico, in order to reply to Mr..
Anthony. lie declared himself a man
Of liveliness who came not bringing to
the rostrum the e%loquence and wit of
his predecessor. He said that figures
did not lie, but men who falsely APP
piled them were frequently convicted
of untruthfulness. The law esta blished
by Hamilton in 1902 and approved by
George Washington, provided for the
free coinage of silver in which it was
expressly stipulated that holders Of gold
and silver had the right to come for
ward with their bullion and demand its
coinage. The law had never been re-
pealed. They did not ask for friendly
Legislation, but the unfriendly legisla-
ton should cease.
The rule allowed each speaker TWEEN
~ minutes, but by unanimous consent
this was not adhered to and each spoke
for an hour or more.
At the evening session the committee
on resolutions made two reports on the
silver resolution.
The majority report favors the free
coinage of silver, but limits il TO the
American production. while the minor
ity report favors free and unlimited
coinage.
The report went owe