The Providence news. (Providence [R.I.]) 1891-1906, 1893-08-01
SILVER MEN ARE EARNEST.
The Great Convention Today al
Chicago.
LEADERS MOVING CAUTIOUSLY.
The Largest Gathering in tho History OF
Financial Agitation-Repeal or the shsr-
man Act to Be Opposed Unless Coupled
with Some Provision to Increase the
Volume Of Circulating Medium.

CHICAGO. Aug. 1.-The indications aro
that the National Silver convention to be
held here to-day will be the most largely
attended in the history Of financial agita-
ton. Delegates are expected from every
State and Territory although, Of course,
the silver producing sections are most
largely represented. The leaders of the
silver movement are, for the first time on
record, perhaps, proceeding with caution,
and even such noted free coinage advocates
as Lee Crandell, of Washington, and Gen
eral Warner, of Ohio, decline to express
an opinion as to exactly what will be the
outcome OF the convention.
A strong attempt is to be first made to
unite all the different elements of the con-
vention in one line Of action regardless Of
past political affiliations; and Populists,
Democrats and Republicans will be asked
to forget for a time their partisanship OF
che past in the coming struggle for free
silver.
1t is already certain that the resolutions
to be adopted and the delegation sent to
Washington will be In opposition to the
repeal of the Sherman law unless coupled
with the repeal Is enacted new law pro-
medium.
The Colorado people are laying great
stress on the opinion of the Colorado At
torney General, declaring the right of
State to establish statutory repositories
for silver bullion and to issue deposit GER
tificates to be receivable by the State In
payment of State taxes and by citizens at
its option, in paymento of legal debts. This
Is regarded as a unique means of increas-
the volume of currency and may be recon-
mended to silver producing States.
The greatest efforts of the convention.
however will be directed to influencing
Congress, and an appeal will be made to
the unemployed everywhere to call mass
meetings and demunt Of Congress such
legislation as will increase tho volume of
money and relieve the stringcncy of the
financial situation.
A large delegation from the State of
Colorado has arrived, headed by Gov.
Waite, Senator Teller, ex-Gov. John L.
Routt, ex-United States Senator Hill Con-
gresham Bell, Il. M. Patterson, President
Fisk of the Pan-American Bimetallic
League, and Secretary Hutchinson of the
Colorado Mining Stock Exchange The
Alabama delegation came in few min
utes later. A conspicuous figure among
the Alabamians was Capt. X. Kolb, called
"Governor" by his friends, because they
insist he was legally elected by the Popu-
lists last year and counted out by the
Democrats. Others In the Alabama dele
CATION were Col. Sumter Lee, Il. q. Bow
man, Warren Reese and Chairman Good
win of the Democratic State Central Com
mittee.
A. j. Warner of Ohio and Senator
Reagan, of Texas, are also on hand Eve
will not vote for the repeal of the Sherman
bill or any of its clauses" said the latter,
sunless free silver act is an absolute
certainty. English influences are to blame
for present conditions. England is the
creditor of the world and 1t is her policy to
limit the production of silver as much as
possible to enhance the value of her bonds
and interest bearing securities. The news
papers are not treaCing the question fairly
for while they advocate the repeal OF the
purchase clause in the Sherman law they do
not offer a substitute or show how curren-
cy Is to be provided.
Ex-Governor Routt, Of Colorado, said
"At the coming session OF Congress they
think they are going to inveiglc the silver
people into voting for the unconditional re
peal of the Sherman law but they cannot
do it: we're to smart for them. We arc
not in favor of that repeal unless what we
favor is passed at the same time. We
need more money in the country not only
for the benefit of Colorado but everybody,
Give me enough silver certificates and I'll
buy up every railroad in the country. We
need plenty of money in circulation to
stimulate business and keep up property
value"
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