Arizona weekly citizen. [volume] (Tucson, Ariz) 1880-1901, 1893-10-14
BULLION BUREAU PLAN
Pres: nted to the Pan-American
Convention at st. Louis.
Addresses Made by Number of
Delegates Upon the Silver Issue.

ST. LOUIS, Oct. 5.-The festivities G
the Yelled Prophets annual visit to st
| Louis evidently lured some delegates Il
the Pan-American Bi-metallic con
! vention temporarily from their pur
pose, for they were slow in getting to-
gether, and it was nearly 10 O'Clock
| before resdent Lswelling raped fol
order.
The Colorado delegation presented
for the consideration of the convention
the bullion bureau plan which IS to bt
urged upon the state legislature oi
G dorado Under this plan, a bureau
state creation, shall receive Gull or
Tor storage on the basis Of units. such
units to consist of 37llf grains Of pure
silver, aud certificates of such receipts
of units to be receivable for state taxes
lands, school lands, wat rentals, iD-
terest, and all other dues to the state
The convent on listened to address es
by several delegates upon the silver is
sues, as it appeared to them. Cover
nor W. j. Stone, of Missouri, was call
ed for and IN responding spoke briefly.
He said that it was for the best inter
ests of the people to be in favor of the
free coinage of silver. He was in fav-
or OF the maintaining of the existing
ratio of l6 to L. Turning to the ques-
ton OF sectioralism, as brought up In
connection with this convention, he
declared 1t supreme nonsense. AS teT
IS the un on was concerned was no
danger to it was TO be found in the Mis-
sissippi valley. When Governor Stone
closed, the committee on resolutions
announced its readiness to report.
The resolutions set forth that the
Industrial interests OF the United States
are paral yzed by lack of sufficient actual
money; tlat every dollar bearing the
governments stamp should be equa,
that congress should restore silver to
the position it held in 1873; that the
present panicky condition is the fruit
of vicious financial system entirely il
the interest of plutOcracy; that united
action is necessary between states of
common interests to secure important
and lasting results; that the states and
territories of the south and west are
happi Fl ted for mutual business and
political intercourse and in all material
matters that affect the prosperity of the
county should act independent Of the
east.
"R solved, That we demad the free
and unlimited coinage of silver at a
ratio of IS to l; that We are opposed to
the unconditional repeal of the Sher-
man law except by substitute of 16 to l.
Resolved, That our representative in
congress instruct the chief executive to
issue a call for an early convention of
all nations interested in and favorable
TO the free coinage of silver at the ratio
of 16 to l for the purpose OF establishing
closer commercial and financial relations
with them. The further issue of gov
ernment bonds is opposed because it
enables few selfish individuals 10
contract and expand the volume of
currency to the great injury of the
masses.
"That the national government i'm
prove tie great water ways of the south
rout to the ocean be obtained"
The report was unanimous and the
applause with which it was received
indicated clearly 1t would be adopted.
Governor Waite, of Colorado, indicated
a purpose to introduce supplementary
resolutions declaring the right OF the
states 70 establish currency within its
own borders by the same standard as
national.
II. NJ. Taylor, of Mexico, also indi-
Gated a purpose to introduce a resOlu-
tion for tn, increase of the volume of
currency and improvement OF trade
with Msxico. The hall was 50 dark
neither could be read and so they were
lot presented The convention then
ADJOURNED until tomorrow at 9 a. III.