St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-02-27
ARGUED FOR SILVER.
Addresses at New Orleans Induce
a Favorable Vote


a Favorable Vote.
NEW ORLEANS. Feb. 26.-ln the trans
Mississippi commercial congress today
resolutions were adopted favoring the
construction Of the Nicaraguan canal,
as distinctly American work, and
requesting capitalists to aid it's
construction; approving and indorsing
the acts of congress giving bounty en-
sugar and admitting machinery for the
manufacture of sugar free, and request
ing congress to make liberal apprOpria-
tons for teaching beet sugar chemistry;
that all unearned railroad lands be re-
stored to the public domain; that Ari-
IONA and New Mexico be admitted as
states.
The silver question, which was made
the special order of today at the even
ing session yesterday, then came up and
MIR. Patterson. of Colorado, spoke on
the subject. He said that up to 1873 all
were bimetaliSts. Franklin was BIZ
metalist OF the most pronounced kind:
Clay used his eloquence in support of it
and jackson was an advocate of it. Gold
and silver always were legal tender, and
until 1873 silver was on a par with gold,
but after that ii was almost claSSed as
one of the baser metals. In 1878, when
he was in congress, the silver bill was
under discussion. Some of the most in
telligent members who had voted
against the bill did not know that they
had voted to demonetiZe silver and to
class it among the baSer metals. He asked
what redeemed the greenback except
gold and silver? The enemies of tbs
bill say they do not want gold and sill
YER; they want confidence. Let the
money i'll the banks run low; will they
take payment in confidence? Motifs
money they want. They don't want
paper unless there is gold and silver at
the bottom of it.
The result of the decentralization of
silver was that half Of the commerce of
the world has been destroyed. The gold
and silver money was about equally
divided in 1873, and it was through this
that the business of the world was con-
Quoted. K When this government
demonetized silver, Germany did
alike, and one,haif. of the business
of the world was injured. He
attributed the financial disasters of a
year and half ago to the anti-5ilVer
bill, and said it caused England to call
in the gold FROM this.eountry. He drew
smile between the business of the
country and pyramid, with gold and
silver for its foundation. Take hall, of
the foundation, away, and the entire
structure would fall. So it was with
the business of the country, which stood
upon such a foundation.
He asserted that more than 200 of the
800 members of congress were pledged
to vote for the bill when it came up. Il
was not only the members from the sill
yer states that advocated the measure.
He alluded to the bounty on sugar. and
said he did rot begrudge the two cents
a pound as every industry would be
encouraged. Of all the Industries in
the country, the silver miners and
producers are the only laborerS who do
not ask the government for bounty
They only ask for the free coinage of
American silver; they want no bounty,
and free silver could not be construed
as a bounty. If silver is made legal
tender ii will increase the demand for
it. and eventually place it on a par with
gold.
Ex-Gov. Morton, of Nebraska, op-
posed the reconciliation of silver
Colorado, Idaho, Montana, Nevada, Wv
Oming, Arizona. New Mexico and Utah
voted for the resolution to urge the
passage of the free silver bill, and Mis-
souri, and Texas cast majority of their
votes the same way. Arkansas and Iowa
voted solidly against, and Kansas, Louis
lana and Nebraska cast a majority in OPP
position. The voted stood 142 for and
SO against.
Resolutions were adopted that the
immigration law be amended that only
immigrants who both desire citizenship
and are tit for it shall land; that the
United States courts only should exer-
else the power of of naturalization; that
the general government should speedily
extinguish the Indian tribe system.
The next convention will be held at
Ogden, Utah. the first Tuesday of May.
1888