The Bessemer indicator., 1893-12-09

coins % also In congress, aad musA Also b
considered exclusive, unlsss tAs right 70
make gold and silver soin tssdsf Ia ths
payment Of debts,' which right = szprsasly
declared BY the eoustitutioa of thA United
Siates 10 be In tho states, dses nof, II order
70 make that right Of any practical use, In
clnde the right to regulate the value Of tho
coin when made legal tondNr.
The right to make gold, silver OF paper
money legal tender IA not specifically grant
ed 10 congress By the constitution Of the
United States, but tho right TO coin money.
and regulate tho value thereof and Of foreign
United States constitution, has been held by
the courts to include the right TO l,ako those
coins legal tender The right TO regulate
the value OF coins, foreign and domestic, is
not complete In an act specifying the value
1t which such coins shall be received BY tho
United States At Its custom houses or land
ofices, but includes the right to nx the value
Of all such coins as = tender in the payment.
Tho governor answered number of crit-
cisms that had been made upon his scheme.
In closing he said
But It ID said, I'VE must educate; We must
food thejEast with silver literature" And
every once in while we hear OF some dis
tinguished banker In New York or London
who has been converted to bi-metallism-that
Is, "a to l! That Is silver at 80 cents per
ounce! And We are to convert Wall street |
G-r-e-n-t God!l
Ny agreement was to abide by the decision
OF this miners convention, and that promise
will bo performed. The matter Ia in your
hands, but be assured, my fellow citizens, that
In thla crisis, unless the miners OF silver shall
demand and enforce all their constitutional
rights, both ms citizens of the stale and ma
tion, In state legislatures we'll rs In Con-
gress, the free coinage of silver II forever
gone; the slavery described by Senator Teller
commences, and the homes of the silver min
ers of the Rocky Mountains shall hence forth
be left unto them desolate.
e. w. Adams Immediately moved that the
governor call nm extra session. Many seconds
were heard and there was much oommotIon.
In the midst of this 1t was moved that re-
cess Of fifteen minutes be taken, which was
carried.
During recess his friends lost no time In
congratulating the governor, while those op-
posed to extra session used all their persuasive
eloquence with members to vote against the
proposition.
Upon re-assembling Thornton II. Thomas
OF Creedc spoke In opposition to the extra
session. He introduced a resolution US q
substitute as follows:
Resoired, That the governor be authorized
to submit the right OF states to coin silver and
legalize foreign coins as legal tender therein
to the State Supreme Court.
uoNerHOr w hlte-l ulu not recommend tnht
the state coin silver. / discussed the consti-
tutional right of states to coin their own
money. and said the remedy for the present
silver depression In Colorado lay in the state
colning silver dollars, which 1t has the right
to do, containing 81 u grains. That will also
get the question before the courts.
Mr. Fitzgerald of Aspen favored the COVER
nor's plan in three-mlnute talk md wa.
loudly applaudcd.
Senators White and Balsingcr opposed the
extra session.
Chairman McMichael made strong appeal
In support Of the governor.
Tho Thomas amendment was defeated and
the original resolution carried by vote of 10
to8.
silverton, Central City, Crecde and Bnche-
lor voted solIdly against the special session.
Aspen, Br ckcnridge, Cripple Creek, Koko-
mo and Lawson went solidly in favor Of 1t,
while st. Elmo split Its vote.
Governor Waite thanked tho convention
and said he would call the legislature to-
gcthcr In January
The convention then adjourned.