The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-07-13


standing room was not to be had. Al
ter the appointment of delegates to the
ST. Louis and Chicago silver convea-
tions and to the gold bug" gathering
at ST. Paul, the committee on resolu.
tions presented the following report
which was unanimously adopted:
10 The People Of the United States;
The people OF Colorado, standing in
the gloom OF impending disaster, and
representing in condition and senti.
ment the people OF Montana, Idaho,
Wyoming, 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 consldera.
tion Of the following facts before you
give your approval to the destruction
OF silver as money and to tho final
establishment in this country of the
aingle gold standard OF values, and
thus Mt one stroke change all debts to
gold debts and inaugurate never end
Ing rise, of gold and a continued cores
ponding fall in the prico Of every COM
modify
CONSPIRACY CHARGED.
Congress has been called to meet in
extra session on August Z, Preceding
that call the classes which have strug-
gled for twenty years to overthrow the
bi-netallic money standard provided by
the constitution inaugurated panic
which they untruthfully charged to the
existing silver law, ignoring the facts
that there were three hundred
million dollars OF outstanding 10.
gal tender notes commonly called
'gteenbacks" that wore 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 necessity, aud that
the great bankers OF Europe were pur.
chasing 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 prejudice against
what is known as the silver
purchasing act, and under pressure se-
cure Its unconditional repeal. The sue
cess OF this scheme was only partial.
Venal presidential patronage, supple.
menting false and incendiary utter
ances by the gold press, aggravated by
the daily circular assaults upon the law
by eastern money brokers sent to every
commercial body and banking corpora
tion in the four quarters Of the country,
had possibly won over the house OF rep
resentatives TO it; but even the Presi-
dent admitted that in the senate there
was staunch majority againstit.
Suddenly, like fire bell in the night,
the news was flashed beneath the
oceans that free coinage in India had
been suspended and that the market
price OF silver had fallen within forty
eight hours fully 90 cents per ounce.
This startling action forced upon the
Indian government without moments
warning, the step held in secret con-
temptation by the British government
for months, to be taken at critical
and opportune time, when the conster.
nation 1t must create, 1t was hoped,
would stamp out the last phalanX OF BIZ
metalism defenders, must have had as
one OF Its chief aims the Intimidation Of
tho senate to bring it in line with the
subservient lower house.
THE EXTRA SESSION.
Immediately the wires were bur-
dened with appeals to tho President
from banks and clearing houses and
commercial bodies renominated by
them for an extra session and to sena.
tors TO repeal the Sherman law, which
it was claimed was responsible for all
the disaster.
The call was made. The time for the
session to commence Is carly, 30 carly
indeed, that may 1t not have been tho
hope Of the President that the panic
would not subside, and the measure OF
repeal be forced Through before reason
resumed its sway aud truth and logic
could dominate tho Congress?
The enemies OF bi-metallism, and
they now fairly number all
those who oppose FREQ coinage
OF silver alike with gold, as it was be.
fore tho demonetization OF silver In
1873, openly declare that they will be
content with nothing less than tho un.
/ GuuulbluLA I0pGlAl VI tlO ullNOI pul@
chasing clause Of tho Sherman law. II
is for that they struggle, IL was to SO.
cure that that the panic was created
aud free coinage in India suspended.
Unconditional repeal-that means,
striking from the laws tho Inst remnant
OF legislation that secures coinage for
silver. II fixes tho United States
firmly In tho ranks OF tho single stand.
ard nations II is the contamination
OF the conspiracy organized at the close
OF tho Franco. Prussian war to destroy
as money ultimate redemption, one.
half OF the coined money Of tho world,
leaving tho other half TO bear alone tho
vast mountain OF crOditupon which tho
worlds business is conduCled--invting
moro itoquout puulca and rendering
them moro destructive and enduring.
THE LOCAL EFFECr.
viii you listen to us whilo wo spcnlS
In words Of sober oarnostness Of tho
local effects OF the unconditional rcpeul
OF tho silver law will havnP
Tho silver mining states aud terrific.
rlos, embracing l,000000 aqunro miles
OF continent, with 2,000,OOO Americans
inhabitlng them, depend pccunlnrily
upon silver mining for their prosperity.
That industry In the very heart from
which nearly every industry receives
support.
The reduction OF tho price Of silver To
i nboul 10 unnlH hus ghul down DD moi