St. Paul daily globe., 1892-05-28
THE SILVER CONGRESS.
Believers in Free Coinage Talk ON
Their Hobby.

WAsHrNGToN, May 27. = At 1918
o'clock this morning Chairman Warner
called the silver convention to order,
and short addresses weae made by
MIR. Shinn. of Kansas, and Ii. K.
Thomas. of Pennsylvania. The latter
said that ten years ago his farm was
generally regarded BY his neighbors as
worth siO,O09. and since that time lie
had been even more successful than
others in his neighb0rhood. and had
been able, by close attention to business
and economy. to save about 800 per
wear. This was the result Of the labor
of every member of his family. But
while he had been able to save 800 per
per year his farm had. however, DE-
precIated in value even more, ana Inc
farm that ten years ago was worth 5l0,-
COO in cash could not be sold today for
more than 5000. THIS shrinkage he
attributed solely to our pernieieus
financial system, which was being Oper-
ated in the interest of money lenders,
corporations and mOnopOiies. The
speaker denounced both leading polIti-
cal parties and said that rather than
vote for Grover Cleveland (who seemed
To be the logical candidate for his party
with his free trade ideas, he would vote
for Queen Victoria for president OF the
United States. and rather than vote for
the hypocritieal. weakened RepuDlI-
can party ne would vote for Cleveland.
E. ID. Stark, of Ohio, read a long paper
upon the general subject of silver, IN
which lie expressed himself as having
10 confidence in the proposed lnterna-
tiOnal monetary conference. lie hau
serious doubts whether the Manchester,
Eng. WeaYerS or The Farmers Alliance
in America would be represented IN
this proposed conference. This remark
was greeted with laughter. No, the
money power only would be fully rep
resented.
Morton Frewen, the well-known free
coinage writer of England, said he
would prefer to see the free coinage Of
silver brought about by all international
agreement, yet he had no doubt that
America could restore silver to its Old
place without the least danger OF send
ing gold TO premium. aud IN that
event he did not believe that the ship
ments Of silver from the old world
would cut the least figure in our money
markets. He believed it to be perfectly
practicable for this country to go TO free
coinage tomorrow, II she SO desired,
without the least danger to any Of her
interests.
At the evening session of the conven-
ported the following preamble and res
OlutionS, which were unanimously ad-
opted:
Whereas. With the single gold standard, re-
lief from the evils of continued falling prices
is impossibie and,
Whereas. The restoration of the bi-metallic
STANDARD with the coinage of Dotn metals Oh
equal terms lies at the foundation OF ali
economic reform; therefore.
Resolved, That the free and unlimited
coinage of silver on equal terms with that OF
gold and OH the ratio now established bF law
is the paramount issue before the American
people and shall not be suppressed.
Resolved. That We IL answer to the de-
mand for honest money, declare that the
debtor will have discharged his full duty TO
his creditor by paying to him such money as
was full legal tender at the time the debt
was contracted.
Resolved, That we will not support for a
legislative or executive Office any candidate
who is not thoroughly committed by plat
form and declaration to the full restoration
OF the monetary system violently disturbed
by the legislation dOmetlZlng silver in 1915.
Resolved. That while we would hail with
joy the cooperation of other nations in the
restoration of silver to its proper monetary
prestige, vet we demand that the United
States act without regard to other nations.
Officers of the bi-metalIic league were
elected by acclamation as follows:
President, A. j. Warner, Ohio; treas
urer. j. p. Cling, Washington; seere-
tary, l.. Z. Clandall, Washington: eX-
eeutive committee, l.. G. NewlandS.
Nevada: James B. Grant Calf, Richard
Lacey, New York, L. NJ. Rumsey. Mis-
souri,; ex-senator Regan, Texas; Rep
reSentative Thomas Watson, Georgia;
Henry G. BARN, Pennsylvania. and
Senator John w. Daniel. Virginia. Iha
convention adjourned till tomorrow.