St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-07-13
THE FREE SILVER CRY.
MARKAELE ADDRESS ISSUED TO THE
AMERICAN PEOPLE.
DENvER's BIG CONVENTION.

Bitter Attack on the President.
the Gold Press, and the East
ern Money Brokers-Delegate
Appointed to the Coming "Gold
Bug" Gathering in St. Paul.
DENVER, Col, July 12.-The interest
in the silver convention had not in the
least abated from yesterday, and when
it was called to order this morning
standing room was not to be had. After
the appointment of delegates to the st.
Louis and Chicago silver conventions,
and to the gold bug' gathering at st.
Paul, the committee on resolutions pre-
sented the following report, which was
unanimously adopted
To the People of the United States:
| The people of Colorado, standing in the
| gloom of impending disaster, and rep
reSenting in condition and sentiment
| the people of Montana, Idaho, Wyom-
! ing, Nevada, South Dakota, Utah,
| Arizona and New Mexico, with rever-
ence for the constitution and unswerv-
| ing loyalty to the general government,
ask for your calm and candid conSid-
Grafton of the following facts before
you give your approval to the destruc-
ton of silver as money, and to the final
| establishment in this country of the
| single gold standard of values, and thus
at one stroke change all debts to gold
| debts, and inaugurate a never-endiDg
| rise of gold and continued correspond
| ing fall in the price OF every commodity.
Congress has bee called to meet in
| extra session on Aug. Z. Preceding that
call the classes which have struggled
| for twenty years to overthrow the BIZ
| metallic money standard, provided bv
| the constitution, inaugurated panic
which they untruthfully charged to the
existing silver law,
Ignoring the Facts
| that there were $500, 900, 900 of outstand-
| ing legal tender notes commonly called
"greenbacks" that were equally avail
able with the treasury notes issued in
payment for silver to draw gold from
| the treasury; that the balance of our
| foreign trade had turned against
us, rendering settlement abroad
with American gold a nece ssity,
| and that great bankers of
| Europe were purchasing gold with
| which to change the money standard of
| Austria and to fill the treasury vaults
| of other mOnarchial countries. The
| evident purpose was to create preju-
dice against what is known as the silver
purchasing act and under pressure Sc
| cure its unconditional repeal. The
| success of this scheme was only
partial. Venal presidential patronage
| supplementing false and incendiary ut
| terances by the gold press, aggravated
| by daily circular assaults upon the law
| by Eastern money brokers sent to
every commercial body and banking
! corporation in the four q uarters of
the country, had possibly won over
the house of representatives to it;
but even the president admitted that in
the senate there was staunch majority
against it, when, suddenly like a fire
bell in the night, the news flashed be-
meath the oceans that free coinage in
India had been suspended and that the
| market price of silver had fallen within
forty-eight hours fully 20 cents per
ounce. This startling action forced upon
the
Indian Government
Without a moments warning the
step held in secret contemplation by the
British government for months, to be
taken at cr teal and opportune time
when the CONSERVATION it must create it
was hoped, would stamp out the last
phalanX of bimetallism defenders, must
have had as one of its chief aims the in
timidation of the senate 70 bring it in
line with the subservient lower house.
Immediately the wires were burdened
with appeals to the president from
banks and clearing houses and ON
mercial bodies dominated by them. for
an extra session, and to senators to re-
peal the Sherman law, which, it was
claimed, was responsible for all the dis
aSter.
The call was made. The time for the
session to commence is early; so early,
indeed, that may it not have been the
hope OF the president that the panic
would not subside and the measure
of repeal forced through before
reason resumed its sway, and
truth and logic could dominate
the congress. The enemies of
bimettalliSm and they now fairly num-
Der all those who oppose free coinage
for silver alike with gold, as it was be-
fore the decentralization of silver in
1878, openly declare that they will be
content with nothing less than the un-
conditional repeal of the silver pur-
chase of the Sherman law. 1t is for
that they struggle; it was to secure
that that the panic was created and free
coinage i'll India suspended.
Unconditional repeal - that means
striking from the laws the last remnant
of legislation that secures coinage for
silver. 1t hXes the United States firmly
in the ranks of the Single-Standard ma
tons. 1t is the contamination of
The Conspiracy
organized at the close of the Franco
PruSSian war to destroy as money ulti-
mate redemption One-half of the coined
money of the world-leaving the other
half to bear alone the vast mountain of
credit upon which the worlds business
is Notwithstanding more frequent
panicS and rendering them more de-
Structive and enduring.
1t is idle to hope that reducing the
value of silver to the lowest stage win
force Great Britain to seek Information
al solution of the ollie NINA. The home
| of the single standard is in her islands.
Its members have fully anticipated the
low degree to which silver will descend.
They have discounted its disturbance
of her Indian trade, steeled their hearts
against the crime 1t will be against her
Indian subjects. The power that could
plot for Seventy-seyen years; that could
force its yoke upon Germany, the Latin
Union, Austria and the United States;
that could gain to Its aid the daily
press of the country; that could con-
troll for twenty years the national
conventions of the great American
political parties-granting in their plat
forms professions OF bime tallism, but
always securing presidential candidates
unalterably opposed to 1t, that could
change an overwhelming sentiment
among the people of bimetalliSm to a
feeling of enmity or Indifference, can
never be induced to relent. for it has
counted the cost and has learned its
power.
The Sherman Law
is not the work of the silver producing
states. 1t was forced upon the country