The silver state. [volume] (Unionville, Nev.) 1870-1903, 1893-08-04
THE SILVER CONVENTION
Ringing Addresses Made at the Second
DAVIS Session


ing. Owing to the inadequacy Of the
rooms used yesterday it was decided
to meet in Central Music hall, but
the agent stood at the door and re-
fused to open it until ex-senator Hill,
ex-Congressman Svmes and C. S.
Thomas guaranteed 5000 per day
rental. This was done and the dele
gates hocl1ed in.
President Thurman called the
meeting to order.
A resolution by J. S. Daugherty Of
Texas for the appointment of a COM
mittee OF one from each state to de-
wise plan for impressing upon con-
gress and the people OF the United
States the impending peril, threaten
ing ruin to the national interests OF
which we have only had a foretaste,
was referred to the committee on
resolutions, after discussion.
Then ex-senator Hill of Colorado
addressed the convention on the sill
yer question. His arguments were
chiefly based on statistics tending to
show that the adoption of the gold
standard in any country was invari-
ably followed by decades of poverty
and depression. He said the diver
gence between the value of gold and
silver was now greater than when the
famous report, and no boundary can
be set to the divergence that may be
reached hereafter if the foremost
silver producing country in the world
shall lend itself to the attempt being
made TO establish universal gold
standard. The scarcity of gold had
nothing to do with the present de-
preston. The amount of money
now locked up and hidden away was
more than double the amount OF gold
now in the country. The supposi-
ton that by repeating the Sherman
act thus and bringing on a great
fall in the price of the metal we
could change Europe into BIZ
,s4netallic treaty was a delusion. III
we are driven by the conspiracy to
revert to a single standard we should
by all means use silver If we re-
store silver to its old place as money
metal by unlimited coinage, and if,
under force of circumstances over
which we have no control, our gold
should be drained away, we will still
maintain the first position among the
nations OF the world and compel Eng
land, Germany and France at once to
adopt bimetallism.
In conclusion he declared that if
Western Europe perseveres in meas
ures which raise the value of gold SO
it shall flow from the United States
and we become silver country we
will be carried to pitch of prosperity
thHnscending all the past, and West
ern Europe will be plunged in an
abyss of ruin.
At the conclusion OF Hills address,
Hon. j. r. Doolittle of Wisconsin
presented resolution declaring it
the duty of congress to coin both gold
and silver in such ratio of weight
that the bullion in a silver dollar
shall equal in value the bullion in a
gold dollar. Referred to the com
mittee on resolutions.
Congressman f. G.. Newlands Of
Nevada followed in an address re-
viewing congressional legislation on
the silver question. England he said,
was the greatest gold owning power
i'm the world. We owe her 5000, 0O0,-
900 in gold, which she can call for
any day. Ii the draft of u hundred
millions recently made worked such
disaster in this country, what would
it do ii she called for the whole lot?
England had the gold OF the world
and knew how to legslate for her in
terests. We have the silver OF the
world and do not know our own in-
terests. As the tax on tea led to our