The morning call., 1893-07-19

movement some of the best-knOwn and
best-infOrmed silver men have come for
ward to explain the situation, with the
natural result that people have turned to
listen and remained to voice their sentl-
ments to the echo.
Such was the silver meeting last evening
in the Maple room of the Palace hotel
1t was crowded with representative men,
many of whom stood around the walls un-
able to fud seats.
Above the rostrum bIaZed the word
'Siiyer" in silvery electric lights, wreathed
in flowers and garlands. while all the hall
and its packed human contents cleaned
beneath the same appropriate radiance.
Among those present were noticed: NJ.
W. Belsbaw, Frank G. Newlands, Timot Y
Guy Phelps. Colonel S. T. Curtis. Craigie
Sharp, NJ. F. Campbell. A. c. Ellsworth,
Samuel w. Holiday. William H. Y.
Cronise, Benjamin F. Porter, j. p. Dame
Samuel Curry, ]. b. Hitchcock, Judge f.
Adams, ex- Congressman Louttit Attorney
General Hart William O'Neil. Judge
Thompson. Martin Jones, W. E. Miles. w.
p. Peckham, Mr.. Doane, A. D. Hathaway
and many others.
The attitude of the assemblage through
out the proceedings was notable for its ex-
treme earneStneSs and air of concentrated
attention. Every word by every speaker
was weighed as if it, too, represented SC
much of the precious metal thought
lightly of by certain wseacre Legislators.
AS a happy and congenial sentiment
would strike the tense, united tympanum
there would burst forth a simultaneous
roar of applause. which in turn would be-
come curiously stilled in an instant. as il
the appr0vers feared to miss syllable OF
grain of the precious metal being be-
slowed upon their delighted ears.
NJ. ". Belshaw called the meeting to
order, and said its purpose was to com bal
a fraud perpetrated by designing persons
on the rest of the world. II was q money
fraud. without sentimental cold blooded
attempt to steal money To take away
from the use of commodity decreases its
value, and that had been done by these
persons accused.
1t had been claimed that this silver
question was a miners affair. but the
speaker denied this. 1t was very easy to
see that the demonstration of silver was
only wanted by the man or men who held
our notes in their pockets and wanted to
cnch us on the tran saction.
Frank G. NewiandS was then introduced
and addressed the meeting. He said he
would feel himself untrue to the great in
terest of the day. and, indeed. of the Gen.
tury if he did not say word in favor of
silver. Lying at the foundation of the
superstructure OF the country, its removal
threatened that superstructure with de-
StructiOn.
There had been two eras of mining-of
gold from 1850 to 1860 and on; and of sill
yer from 1870 and on. These had built up
the city and State. He held the discour-
agement of hydraulic mining and the de-
preston of silver mining as the causes of
the present dullness. We were suffering
from a loss of markets for our products.
Referring TO the gold mining. he said
that the great Californian production of
gold from 1850 to 1860 b ad occasoned an
European attempt to demonetZe gold.
Germany in 1858 actually demonetized gold
and went ON the basis hf silver. Belgium
followed suit, but the movement had luck
lily stayed there.
About 1873 the silver production OF
America began to increase largely. Be-
fore that the two metals had fixed ratio,
that being in Europe Is parts silver to l of
gold and here 16 parts to /. We had just
passed through a terrible civil war and
were ON paper basis and were trying to
get upon a specie basis. Two years later
the country woke up and found that silver
had been secretly demonetized by leaving
out the ''silver dollar" in the mintage act
o! 1875. Since then the country had been
agltating for the remopet;Zation of silver.
During that struggle the United States
could have remonetized silver at any time,
but every contest ended with a comDro-