The Providence news. (Providence [R.I.]) 1891-1906, 1893-08-03
he nations OF Europe quicker than any

by the nations OF Europe quicker than any
other means.
Fourth-We assert that the unparalleled
calamities which now affiict the, American
people are not due to the so-called Sher-
man act of 1890; and In proof thereof, we
call attention to the fact that the same evil
conditions now prevail over all the gold
standard world. We are convinced that
bad as is the state of affairs in this country
1t would have been still worse but for the
Sherman act, by which the nation has
obtained to some extent an expanding
circulation. to meet the demands Of "A con-
tinent in process OF colonization, and the
business exigencies of the most energetic
and industrious race that has ever dwelt
on the earth, and we insist upon the exc
cution of the law without evasion so
long as it is upon the statute books and
upon the purchase OF the full amount Of
silver each month that it provides for, to
the end that the monthly addition to the
circulating medium the law requires shall
be maintained
Fifth--We would call the attention of the
people to the fact that in the midst of all
the troubles OF the time the value of the
National bond and the National legal ten
der money whether made Of gold, silver or
paper, has not fallen a particle. The dis
trust is not of the Government or its
money, but OF the banks which have,
as we believe, precipitated the present
panic on the country in an i'll advised effort
to control the action of Congress on the sill
verquestion and the issue OF bonds. Weinvite
the bankers to attend to their legitimate
business, and permit the rest Of the people
TO have their full share in the control Of
the Government. In this way they will
much sooner restore that confidence which
is SO necessary 10 the prosperity Of the
people. Ii must not be forgotten that
while boards of trade, chambers OF COM
merce, bankers or money dealers are worthy
and valuable men in their places, tho Re-
public can more safely repose upon the
great mass of its peaceful toilers and pro-
ducers; and that this business mans age"
is rapidly exterminating the business OF
this country. The time has come when
the politics of the nation should revert as
far AS possible to the simple and pure con-
dition out Of which the Republic arose.
We suggest for the consideration of our
fellow-citizens that tn. refusal OF the OPP
ponents ,of bi-metal,ism 20 propose any
substitute for the present law or TO elabor-
ate any plan for the future indicates either
an ignorance of our financial needs or an
unwillingness to take the public into their
confidence; and we denounce the attempt
to Internationally repeal the Sherman
law, AS an attempt to secure gold mono
metallism in fragrant violation of the last
platform of all the political parties.
lne S.Jyscs ur Iiiins .aiiism.
Several kilograms were read, pledging
different knights of Labor organizations
in the east 70 the free coinage of silver.
After long aud heated debate, in which
Ignatius Donnelly figured prominently,
the resolutions were adopted by acclama-
ton.
A Smmittee on ways and means from
the several state delegations was then APP
pointed. On motion of General Warner
of Ohio the convention then adjourned
sine die.