Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-09-13

only this year. but on many other occa-
sions.
gument for enlarged silver coinage when
he said that numerous moneyed institl-
tons have suspended because abundant
assets were not Immediately available
The speaker occupied his allotted time
and concluded by remarking that he can
didly believed that the independent and
unrestricted coinage OF gold and silver by
the United States at the ratio OF Is TO 1 Is
safe. wise. and absolutely essential 20 our
future welfare. Justice demands a. HUI
manity demands a. The burden OF debt In
already intolerable. The gulf between the
rich and poor II already too wide. Let the
possessors OF wealth remember that pros
perity. which Is founded on oppression OF
those who are less favored. and the irnpov-
ertshmeni OF the masses OF the people. will
not endure and will inevitably lead In the
end only 20 disaster
At the conclusion OF his remarks the ex-
senator was subjected 90 a lengthy cro.s-
were controversial and his statements Tor
the most part denied The convention then
adjourned until O'Clock 90 await a report
from the committee on resolutions
The Resolutions.
Upon the assembling OF the convention az
the evening session some sixty OF seventy
delegates were present. and Mr.. Anderson
OF the committee on resolutions submitted
the following report from the committee. Il
committee. with the single exception OF
CONGRESSMAN Lafe Pence OF Colorado:
Nhereas. The serious monetary and IN
dustrtal distress prevailing throughout Tho
Coll.ry mas rendered necessary the calling
together. at the national capital o. this
convention OF representatives OF businSrS or
gsnizatlons from all sections OF the tnited
States, and
Whereas. The evils from which the CONN.,
try is suffering are IN large mea sura at
tributable TO the effects OF the silver Law 81
1881. known as the sherman silver law nm
ger the operations Of which doubt has been
cast upon the permanently OF our monetary
standard. and there has arisen viaes,-sag
apprehension and alarm. causing a With
drawal OF capital and the boarding Of mon
ey' ana In this way bringing about a ser
and A'NiN'
Whereas, The President Of the United
states, In his message submitted 10 Com
sIess on august :. has clearly pointed out
0le only means OF giving immediate relief.
ana has urged the prompt and uncondition-
al repeal Of So much Of said law as provide.
Tor the continued purchases OF silver; and
whereas. The prompt and emphatic nc-
ton OF the House Of Representatives IN
passing bill for the repeal Of the purcha.-
Ing clause OF said law has already pro,iuc-
cd markedly beneficial results In stimulate
ing the renewal OF confidence ana the r,.1,i
val OF all classes Of business, and
W hereas IL is proper at time like this
mat there should be an expression OF opln-
lon from the business bodies and institu-
tons OF the country; Therefore d. A. NV
this convention - -
Resolved, That We heartily commend ana
indorse the Presidents message ana Inc
decisive action OF the House Of Representa-
yves, IN passing an act in accordance With
his recommendation; and we earnestly i,r-,s
upon the Senate Of the UnItfi States thu
necessity OF speedily and unconditlonaIIy
concurring in said action
Resolved further. That Il Is the conyic,t,n
or the business organizations, r,presentof
by this convention. that any considerabls
delay on the part OF the Senate. or any fail
said law, will plunge the business inter,sts
OF the country into a more serious crisis
than that from which they are now be-
ginning to emerge.
Resolved further That ~ a. ,ho ,,,,,t... u.
this convention that the only action IN re-
sard 10 this matter which Il is Desirable for
congress 10 take at this time is the snes-ly
ana unconditional repeal OF the purchasing
clause or said law. leaving for future CON-
sideratien any further effort az tnancIaI
legislation. 50 that IL may proceed with the
caution and elaboration which Is demanded
by the vital Importance Of the sub,sct 10
the welfare OF the country; and 10 this end
TINS convention recommends the appolnt-
ment or an expert. non-partisan commits
sion to suggest the needed legislation.
Resolved further, That these resolutions
be printed, and that copies be sent 10 ~.
President OF the United States 20 thu
president and members OF the Senate. and
% rhe Speaker ana members OF the House
OF Representatives.
Ten minute speeches In favor Of IN.
adoption OF the committees rsport were
made by j. r.. Anderson Of Georgia. L w
" Ner non, OF rro'idence' X L: G. w. Smith
mond. Va; Rowell OF ST. Louis and Corn
well Of Buffalo. NY.
Coiorado's Substitute Not Adopted.
The report of the committee was on
posed by Delegates Bell and Pence Of Colo
RADIO. and the latter offered the following
substitute for the committees report:
Resolved, That We regard the question
now pending before the United states SEM
ate as one OF great and vital Importance
Involving in its proper solution and deter
mination the welfare and prosperity OF the
commercial and Industrial classes OF our
country.
Resolved. That we express our co,e-
dence In the patriotism. Independence ana
wisdom OF the members of the United
States Senate and beg TO remind them
that upon this great and vital question the
people expect that without that haste
winch makes waste" but promptly they
VIII, unawed and uninfiuenced by patron-
age or power, enact such legislation as IN
their patriotic judgment will relieve the
country from its present distress ana re-
store TO II that degree OF prosperity which
should be enjoyed by a people willing 20
work In the development OF a country Of
unlimited natural resources
Resolved, That we have conadeaca In
the wisdom and patriotism OF the United
states Senate and pledge our best Efforts
10 assist In restoring confidence through
out the country by influencing he people
10 accept in good faith and carry out such
legislation as may be adopted without
seeking any partial or selfish advantage
In any way.
The substitute of Mr. Pence received
but four votes and the majority report OF
the committee was then adopted ny a vote
OF lS ayes and noes. the vote In favor
OF the adoption OF the report REPRESENTING
a constituency OF E.44s members and the
fVe votes against representing 600 MEM
bers.
A committee OF ten was appointed to
present the resolutions 70 the Senate
nnance committee and COMMITTEES OF
three was appointed 70 wait upon the
president and request him TO receive the
oeiegates In a body some time today Votes
or thanks were then rendered 70 the presi-
dent OF the convention, the Washington
board OF trade and 20 the New York board
OF trade and transportation for their Of
forts IN behalf OF the convention Then
after the president of the convention was
authorized 10 call another meeting of the
convention whenever he should deem 10
wise ana necessary TO do SO. The conve1
ton was declared adjourned.
ALONG THE wHARvEs.