Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-02

power TO absolutely control the destiny |
Of this mighty republicf No, and more |
they will demand that what remains OF !
the national debt be paid just as fast |
as possible. and more, | believe they
win demand that their paper money be
based upon gold and silver and not upon
gold and debts. To my mind, though
the present system Is not the best one,
DO not believe and circulating
medium based upon debts can be pos
sibly IS sound as one based upon gold
and silver. Gold and silver have been
used as money from time immemOrial
and no man ever lost by either of them
Based. too. upon gold and silver its
volume must be regulated by the output
of the precious metals. which of itself
would prevent any sudden increase Of
either. The best money. the host honest
money. Is that which will give the peO-
pie as near as possible stability of value
The claims Of the single standard men
that this can be maintained only with
gold alone has been so often disproyed
II is unnecessary even TO refer to 1t.
Il have no doubt that IN the message
which will be sent ~ congress on the
18th of this month this phrase Of sound
and staple currency will be used. | want
the president Of the United States, for
whom | have the greatest respect,
want him to tell the people Of this coun-
try and the members OF congress what he
means by sound and stable currency.
Will not be satisfied by his saying he
simply wants a standard that does not
tiuctuate. but ! want him 10 tell the peo-
pie why he says that gold alone will
make that stable standard. Give us
ref sons for the faith that Is in him. The
people of the country are intelligent
enough 70 understand whether the CON
the premises laid down.
We meet here TO discuss in n calm
and dignihed way what is best to he
done. Therefore / beg leave to submit
for the consideration Of the convention
the following Before doing so. however.
permit me 10 say | am not particularly
welded to this plar or my other. /
know there are objections to it. that may
prove upon consideration more formid-
able than | think they are. Out of il,
though. and others which will be sub
miited TO the convention. we may ar
rive at something which is practical.
at IS us follows:
"F'irst--let our adversaries agree to
the free coinage of silver at either the
ratio Of 10 IL or 10 to l. | prefer the
former If they do we will agree TO the
unconditional repeal Of the Sherman
law.
Next. amend the national banking
EX-SENATOR REAGAN
of Texas arose and mounted the
stlge I'VE are here" said he, for the
from its present embarrassment and
place 1t on a footing Of prosperity. /
understand We are here rs bimetallists
without reference TO any distinction of
political parties, but as citizens Of
great republic to unite our voices re-
glrlless Of party Civilizations for the pur-
pose Of urrestihg the rule of the gold
men and bOnthOlders and for the purpose
of restoring to the country condition
OF prosperity from which it has been
driven 10y improper legislation.
The moment We Introduce n partisan
question IN the convention we throw he
fore II matter which Is going to cause
strife and confusion. and impair the
work of the convention. tApplHuse)
appeal to the convention To 20 Oh with
the duties aud declare its purpose of re-
storing to the country gold and silver
coinage as 1t existed before -. and re-
store the prosperity of the country aud
afterwards take care of party affiliations.
Great applausel The sense of the CON
vcntion is overwhelmingly with Reagan.
The roll of states was called and the
committee Oh resolutions appointed.
>, The Texas member was John IL.
Reagan.
The question Of preparing an address
to the people and memorial to congress.
after some discussion, was referred to
the committee on resolutions.
The committee OF credentials reported
forty-tyo states and territories. repre-
scented and $40 delegates entitled to
seotz.
The committee on rules and order of
business report was adopted. II provides
that all DISCUSSIONS be confined to the
subject of bimetnllism and no delegate
be entitled to speak more than five min
utcs on the same subject
In response TO general demands, Hon.
| II. V. Powderly of the knights Of Labor
| addressed the convention In part as fol-
tfrr-l md IL Uff tfs
of Labor stand to-day On the verge of
| rain ON our Western streets. Ten
thousand are already idle and fifty
thousand have advised me to come here
and say the West is IN danger from
| those who would demOne,iEr silver and
drive 1t from the country
Governor Wait has Neen criticised
because he referred to the old country.
| He was right
| limbs from across the water BHi ict
us in our deliberations he calm cOnl and
| deliberate For If there ever was a
| tine in the history of America when cool
| calm dellberatiun stood necessary before
| the people that hour is at hand. i do
not believe IN saying the Jews are the
only uucs who are to blame. Why, |
\ know Christians who know how to rake
1 in money IN such way as to give points
to Judas himself.
|
clared for free and unlimited coinage of
silver. | have been asked how thu
| Knights of Labor stand on that question
| Let me say they stand n unit ON 1t.
Not in the West. in the North, in the
South or in the East alone. hut where
ever they ARE. Knights of Labor If they
are true to their obligations and they
all are, stand for free and unlimited
coinage, silver on the ratio of one TO
sixteen. (Tremenduos applause and
| cheers)
Hon. Iqnatius Donnelly was called for
and spoke over half an hour. He de
nounced the act OF 'I3 as u crime and
the present depreciation of silver as a
result of the great conspiracy among the
capitalists Of Europe and their tools and
fellow capitalists of America.
Recess until $50.
NIGHT SESSION.
Central music hall was crowded TO
the doors tonight by the friends Of sill
yer who assembled to listen to speeches
by Senator Stewart of Navnda and Con
a