Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1892-04-16
THE SILVER MEETING.
the ATTENDANCE LARGE AND
ENTHUSIASTIC.
aspusLIcANs AND DEMOCRATS
JOIN HANDS.
Ma Candidate for President Who Is IN
fienily TO Silver.
AsIIvER CLUB ORGANIZED.

10 pursuance Of a call from over 800 Of
our citizens. irrespective Of party. a very
large and enthusiastic meeting was held
In the Courthouse last Monday evening
for the purpose Of organizing ssilver club.
The meeting was call 20 order BY r.
ssdler. Hon. Thomas Wren was elected
President. r. Sadler Vice President, and
NJ. q. Cavsnaugh and John Pardy, Secre-
tsries. Hon. Thos Wren then addressed
the meeting IS follows:
FELLOW CITIZENS: Az the time silver
Was demonetized 10 the United States In
1878, IL was at par or Q little above par.
Al that time the silver minesof the United
States were producing $36, zoe, 600 in
silver and spproximsted the same amount
in gold from she gold mines a2nu-
shat the annual production Of silver
would be increased. Hundreds of thous
md Of our citizens were directly and in
directly Interested in silver mining. A
great body Of the best paid lsborers in the
world were employed In silver mining.
The National debt, contracted during tbs
OWL war, amounted 20 thousspds Of
millions Of dollars. The bonds Represent
ing abe greater portion Of the idebt bad
been sold by the Government TO thelbond-
holders for Deprecated ourrsncy-green
backs; by the appreciation Of the currency
and bonds, after the close Of the war, the
bondholders were enriched hundreds OF
thousands Of dollars. During the war
debts. State, municipal aud private had
been contracted in deprecated currency,
also amounting 10 many hundreds Of mill
ions Of dollars more. The appreciation Of
The currency in the years succeeding the
war had laid g heavy burden upon the
debtors, National. State. county, city and
private. The harvest the creditor
class had resped in this way alone would
have satisfied the greed OF any class sx-
sept the Unsuitable millionsires. They
we're not content. All OF shis vast in
debtedness was payable in c~oin-gold and
silver the money OF the Constitution Of
the United Ststes-the money Of g thousand
years Of civilization. When money is
plenty IL lie cheap, interest 10 low; wages
and property are high; business is active,
real estate commands q ready sale, q
everybody, except the money lender, Is
prosperous. When money Is scarce, in
terest Is high, property and wsges ale low,
business 10 dull, and general depression and
distress results. IL 10 clear that ID 10 the
interest Of the money lender as all times to
contract the volume of legal tender money.
IL is the interest Of the great mass Of the
people to expand the volume, SO As 10
meet the ever increasing requirements Of
business. When silver Was demonetized IL
wss especially the interest Of the bond
holder 20 contact the volume OF money.
The ~bondholder did not dare 70 go before
Congress in an open, manly way, and Asb
that the bonds should be made payable in
gold coin. To have done this would have
raised . storm Of indignation throughout
the country and the scheme would have
been doomed to inevitable defeat. II
used TO be q saying In the ~backwoods and
on the prairies Of the West. where / was
born and raised. "shst there were more
ways 70 kill . dos than by choking him on
butter" The ~bondholders knew they could
not secure Legislation making the bonds
payable 10 gold. bus they could practically
accomplish the same result by demonetiz
ing silver, and this might be, and was &C.
complished secretly and by a trick. The
people did not fairly awake to the great
wrong that had been committed for -four
or hve years. But they finally realized
that an almost death blow had been struck
at q great and increasing industry Of the
country. That the people we're being de-
prived Of our forty millions Of silver dol.
lars annually that should have aided 10
paying the national debt and in stimulating
business and promoting general prosperity.
And then the struggle commenced to
right this most dishonest and infamous
legislative wrong that had been perpe-
trated. In 1873 the lower house OF Con-
gress passed q free coinage bill by over
q two-thirds majority. In the Senate this
bill was amended so as to require the
coinage OF not lees than two, nor more
than -four millions Of dollars monthly.
The House had to accept this amendment
or get nothing. The bill In this shape
passed. President Hayes. in the interest
OF the bondholders and money lenders
vetoed IL. Congress promptly passed 10 over
his veto snd 10 became . law, and has
since been known ss the "Bland Act" I'm
der this law the Secretary was empowered
10 coin monthly any amount not less than
two million dollars, and not more shan four
million dollars monthly. John Sherman,
who engineered the characterization infamy
through Congress, was the Secretary OF
the Treasury. II 10 scarcely necessary 70
say that only SO, 900, 900 q month Was
coined under his administration OF the
Treasury Department. and sl was done
tHAt 1U pQtil w W uCDaso auu uArCitutt
silver. Garfield come next as President,
without any change for the better. Dur
ing ell this time many able champions OF
silver were found amongst the Republi-
cans, but the friends OF silver amongst the
Democrats far ~outnumbered the friends OF
silver amongst the Republicans. The
National Democratic Convention met. A
plank was inserted in lite platform, fairly
interpreted, favoring the free coinage OF
silver. Grover Cleveland was nominated
for President, and agreeably TO custom, be
Endorsed the platform and pledged him
self, II elected. to carry out the principles
therin enuncisted. He was elected. n
before he had been inaugursted, In viola
ton OF his solemn pledge In favor OF sill
yer. he wrote the celebrated Warner letter
In opposition 10 silver and in favor OF the
repeal Of the Bland Act. The man Is as
stubborn 80 9 mule and a political bull
dozer, and the power OF the President 10
so enormous. through Federal patronage,
that during the -four years Of his admins
tration he prevented any action favorable
10 silver In Congress, although II wal no
i%torious that there was a majority in both
houses Of Congress In favor Of free coin.
age. In due time, towards the close Of his
administration. the Democratic National
Convention met again to nominate q can
didate for President. and although m im-
mense mojority Of the party were in favor
Of the free coinage OF silver. the bench
men of Cleveland bad succeeded in pack
ing the conveni lion with agreat majority OF
delegates In favor Of his denomination,
but they were dumb as an oyster on the
silver question. The Republican National
Convention nominated Harrison in opposi-
ton TO Cleveland, and adopted q plank In
the Republican Platform. fairly construed,
In favor OF free coinage. Harrison in
dorsed the platform and promised to carry
out the principles therein declared. But
Notwithstanding his pledge. 9 year had not
elapsed after his inauguration before we
nnd him In violation Of his pledges through
his Secretary Of the Treasury, discrediting
.c1 At.honorsno s;ivar and PLANNING To-