The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1893-07-13
COLORADO'S ATTITUDE.
The Address Adopted by the Sill
yer Convention.
DANGERS OF A GOLD STANDARD.

II Urges tho "American System of Free
Coinage OF Gold and Silver at tho Amer
ican Ratio of I6 to L." and Denounces
the British Money Power.
DENVER, July l3.-In marked contrast
with the fiery rtterance in the silver con-
vention on Tuesday was the address
adopted. The report from the committee
on resolutions was in the form of an APP
peal to the people of the United States,
asking their calm and candid c0nsidera-
tion of the facts relating to silver mining,
and the attempt to demoneti2e silver. The
address ntains about 1000 words The
history of the silver legislation of the past
twenty years is reviewed, and the address
continues;
"The enemies of bimetallism-and they
now fairly number all those who oppose
free coinage for silver alike with gold, as
it was before the demonstration of silver
in 1Si3-openly declare that they will be
content with nothing less than the uncon-
ditional repeal of the silver purchasing
clause of the Sherman law. 1t is for that
that they struggle; it was to secure it that
the panic was created, and free coinage in
India suspended.
Unconditional repeal That means
striking from the laws the last remnant of
legislation that secures coinage for silver
1t fixes the United States firmly in the
ranks of the single standard nations. 1t is
the consummation of the conspiracy Or
ganized at the close of the Franco Prussian
war to destroy as money on ultimate re-
demption of half of the coined money of
the world, leaving the other half to bear
alone the vast amount of credit upon
which the worlds business is conducted,
I'm titinu mora frcuIont pnpiou nnI rapIar-
ing them more destructive and enduring.
1.-The Sherman law is not the work of
the silver producing states. 1t was forced
upon the country against their will. Their
constant demand has been that of the
west and south and of the working masses
of the whole country. They have not
sought to impose upon the country some
new financial nostrum, but have asked
simply for the restoration of the coinage
laws as they were from the first laws of
the federal constitution until the furtive
repeal OF 1873
1.-THE Sherman law was the trick by
which that restoration was defeated 1t
was accepted by bimetallists as a pledge
that the old laws should at some future
time he restored, and they now demand,
not that the Sherman law shall be re-
tnined, but that the hostages shall be re-
deemed by the re-enactment in its stead
of the coinage laws under which the coun-
try grew and prospercd for more than
quarters of a century"
The charge that the bimctallists de-
mand that sixty cents shall be made dol
lar is denounced as u lie.
Regarding the statements that Colorado
would repudiate her debts, the address
says:
I'VE Of Colorado pride ourselves upon
our commercial and financial integrity.
| No calamity can induce us to repudiate
one dollar of an honest debt. All of our
| assets are at tho will of their creditors for
| their reimbursement"
In c'osing, the address says
Hopeful of speedy delivery from the
crushing burden of financial system be-
| gotten of the greed of Great Britain's re-
morseless money power, and the prosperity
inseparable from an American system,
which includes the free coinags of gold
and silver at the American ratio of 16 to /
we submit to the people of the United
States this statement of our cause"
| Delegates were chosen to the st. Louis
| and Chicago conventions.