St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-01-10
FORCE THEM TO ACT.
Gen. Sanborn Introduces a
Joint Resolution on the
Silver Question.
Why the European Nations
will Not Consent to Any
Proposition.
Senator Barr Proposes a
Scheme for the Evolving
Of Municipal Law.
Gov. Clough Will Announce
Standing Senate Commit
tees Today.

Whether the ancient and honorable
| custom which permitted the congress
| ceiye and carry out the instructions OF
The legislature of their state still holds
| or not, the senators aud representatives
| in congress from this state will proba-
bly, receive in few days some informa-
| ton regarding the silver question
which will have the merit OF being
soundly, thoroughly and entirely Amer
lean. Senator John B. Sanborn, OF
Ramsey county,yesterday introduced in
| the senate a Joint resolution which III
brief form states the whole silver ques-
ton. and suggests the way in which
European nations can be forced to
act with this country i'll a move
for the complete reconciliation OF
silver. 1t will be remembered that at
the recent Brussels conference one OF
the American delegates startled the
body by declaring that the United States
was ready to desert South America,
China, Japan and all the world aud
cling to Europe.
Gen. Sanborn puts the matter exactly
contrary to this. Act with the silver
nations, bring 10 the United States the
commerce of China, Japan and all South
and Central America, and the European
nations now fattening through and by
the manipulation of the silver money of
the world will soon enough come to
their senses and unite in establishing
the free coinage of gold and silver at a
fixed ratio the world over. The joint
resolution of Gen. Sanborn follows:
Money in 1t for Them.
Whereas, The limited coinage of sill
yer by the United States government
into legal tender money on a basis hav-
ing no reference TO its intrinsic and
market value in the martS of the world,
whereby the same has become token
money to the extent of about % per cent
of its face value. has disturbed the
equilibrium of trade, created distruSt
in commercial circles, and produced the
most unjust and oppressive results to
She laboring and producing classes, eX-
cept the class engaged in silver
mining, in all lands, while it
has and dies confer the most unreason-
able advantages and unwarranted prof
its to the capital of the commercial ma
tons of Europe engaged in purchasing
and transporting the products of the
Eastern nations and selling the same to
the Western naJiOnS, enabling them to
buy and pay for such products in the
Eastern nations with this deprecated
silver money and to transport and sell
the same to the Western nations for
gold, making thereby not only the or
binary profits made in buying. selling
and transporting the goods, but also the
difference between the value OF silver
~ RI ii Of Int
A Matter OF Self-Interest.
Whereas, 1t cannot be expected that
nations reaping these advantages from
the depreciation of silver will favor or
consent to any policy or scheme that
will result or tend to the destruction of
these advantages, whereby the Whole
burden of adopting and enforcing such
a policy is thrown upon the people and
government of the United States; and,
Whereas. Any policy TO effect this re-
suit must involve questions pertaining
to the trade and commerce with the
Eastern nations, TO secure and control
which better prices must be offered and
paid than have heretofore been paid by
the European nations. and to accom-
plish which it is necessary that the
money coined from silver and used to
purchase the products of said nations
should he made of equal intrinsic value
with gold, estimated at the lowest mar
ket price for which silver has been sold
in the marts Of the world at any time
during the last century, less proper
SeignOrage thereon; therefore, be it
Free Coinage the Only Remedy.
Resolved, by the senate and house of
representatives of the state OF MinneSo-
,I,,u itrf oil ~ "
listing conditions growing out of the
limited coinage of silver, is The free
and unlimited coinage thereof by the
United States into legal tender money
OF a weight and finenesS that shall make
the nominal value of the coin not more
than 215 per cent greater than the mar
ket value thereof in the marts of the
civilized world, based upon the loves
| price OF silver in such marts at an!
time during this century.
Resolved, That in connection will
such free coinage OF silver,all properait
| and inducements should be afforded by
| the United States to all transportation
| companies and lines between the west
ern parts of this country and the port
of the Eastern nations, and the most ia
Vorable treaties OF
AHnfty and Commerce
possible be negotiated at the earliest
time practicable between The United
States, Japan, China and other Eastern
nations, that the products of those coun
tries used and consumed in the Wester
nations may be purchased with Amer
can silver and be transported directly t
this country in American bottoms, ant
all other silver com in those nations bS
driven from the market.
Resolved. That our senators and rer
resentatives in congress be instructe
to exert all their influence. and to u.s.
all honorable means to induce the cor
gress of the United States to carry int
effect the principle of these resolution
at the earliest time practicable.
Resolved, That a copy of these resolr
tons, duly authenticated under tn
great seal of the state, be transmitted t
each Of our senators and members il
congress by the governor OF this state
at the earliest time practicable.
This resolution went tC the cOmmitte
on federal relations for the present, bu
will probably be made the occasion TO
an entertaining and profitable debat
when reported back.
The senate committees were not read
for announcement yesterday afternoon
but will be given out the first thing thi
hI fo ~ I,nk ho, hnn