Arizona weekly citizen., 1893-08-05

Whereas, those who Instigate this de-
MAJ d, propose to euOstitute issue OF
bank notes in lieu of this issue of Uni
ted States notes, and,
Whereas, every increase of bank
notes, like the increase OF all other
substitutes for money, enlarge neces-
sarily the need of lawful money with
which to redeem them on demand, and,
Whereas. tie platforms of both poll
tical parties IN the lac campaign de-
mand the employment of gold and sill
v.r as our lawful money, and,
Whereas, the platform of the party
now in control of congress and the ex-
ecutive demands explicitly, "the USE OF
both gold and silver as the standard
money of the country and the coinage
Of both gold and silver without dis
eliminating against either metal, or
charge of mintage, but the dollar unit
of coinage Of both metals must be OF
intrinsic and exchangeab,e nature or
be adjusted through international
agreement, or by such safeguards OF
legislation as shall insure the main
tenancs Of the parity of the two metals
and ,5s e1uai power of every dollar at
all times IN the market and in the pay
ment OF debts and that all paper
currency shall be kept at par aud re-
deemable in such coin, insisting on this
policy as especially necessary for the
protection OF the farmers and laboring
classes, the first and most defensrless
victims of unstable money and fuctuat-
ing currency, uow, therefore,
Resolved, first, That this assemblage OF
citizens of New York viewing with
hA loc
attacks On the so-called Sherman bill,
hereby caution the congress about to
assemble that there is an lntiuen ial
opinion in this community on the great
ssuc involved, which is net expressed
by as;,emblage Of bankers or merchants
under d.ctatIon from our banks and
certain newspapers.
Second-That we demand for the
party in control of congress and the
executive the prompt fulfillment of the
pledge of their platform as to the
lndiscriminate equal treatment of both
gold and silver for coluing into legal
tender money.
Third-That congress shall indig-
nantly resent the demand for the un-
conditional repeal CT the so-called
Sherman law, as merely proposal to
substitute bank notes for the automatic
issue of United Stats notes and refuse
absolutely TO repeal the said law except
by an act which shall at the same time
fu fl literally the demand OF the
aforesaid platforms OF the party in
control.
Fourth. THAT the proposal to sub
stituts bank notes for legal-tender notes
Uf tn United States is the equivalent
# the obnoxious proposal of the Bank
of the United Statea, a joint stock
corporation, rejected by Andrew
Jackson in 1894, although urged by
Daniel Webster and brought IN this
city by Charles O'Connor, who was
defeated by the labor element in the
democracy, OF New York on the ground
that gold and silver were the products
of labor, while bank notes were the
creatures OF the prln ting press.
Fifth.-That we call upon our
domestic bankers, merchant, small
trt deSmen, and men of small property,
raj and personal, in this city and else
where. as well as the managers OF in
stituticns investing savings of the poor;
- GpCn sll organizations of labor TO
commend these and like resolutions TO
IA liable consideration by the congress
OF the United States.
The fighting began as soon rs tha res
olutious were read. A score of voices
shouted protests all at once.
FL. Charles Ullman, one of the sixty
who signed the call, protest d that the
resolutions were no good because they
put constitutional questions first.
II. Mccoy denounced what he term
ed an outrageous scheme to railroad
the resolutions through.
Then bedlam broke loose and for
several minutes there was a mixture of
con used arguments, encouraging cries,
laughter and catcalls. In a momentary
lull the chairman announced that the
had been carried. After this
climax interest waned.
Several addresses were made, speeches
read, butr word of them were heard,
owing to the tHrmoil.