Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-08-03
BlMEHALLISTS.
An Immense Convention is
That at Chicago.
THE PLATFORM Adopted.
Reagan Of Texas Explains it, and
it is Satisfactory.
WAITE FIRES THE CONVICTION,
SO Does Pierce of Tennessee. Who
elainly of Cleveland.
90,
TIL ''sHAf,E DIsPLEAsED
~ .N>Nc.
So Does Pierce of Tennessee, Who
elainly of Cleveland.
DISPLEASED
And Chops
Further Political
And Chops Further Political
TAXA Spec. That Electrified
The Conyention-our own cyclone
Davis Was There and Put , through
A Resoiution-rhe Proceedings in
Detail.


WIN AVN ilAst fANNs Nv N'A' HAA''
To the national bimetallic convention were
little latc in assembling this morning,
When President Thurman called the
convention to order Mr. ]. S. Daugherty
Of Texas made the following motion:
That committee of one member from
each state be appointed to devise plan
aud provide ways and means for i'm
pressing ON congress and the people Of
the country the impending peril now
threatening the ruin of our material in
terests. and Of which we have only had
forciasto Of the results which are sure
10 follow the establishment and continu-
ance of gold rs the exclusive measure of
value III this country, and that this COM
mittee report to the convention a plan
for appropriate action.
After some discussion the matter was
referred TO the committee on resolutions,
A telegram from the district assembly
knights of Labor at st. Louis sending
greetings and stating the assembly lad
passed Resolutions demanding free aud
of TO to | was read.
Ex-Uniied States Senator n. p. Hill
of Colorado addressed the convention on
THE silver question for nearly an hour
His arguments were chiefly based on
statistics tending to show the adoption Of
gold, or single standard, In any coun-
try had invariably been followed by
poverty aud depression,
Ex-senator Doolittle of Wisconsin pre-
scented the following resolution. which
was referred to the committee Oh resolu-
tons
Resolved, that the constitution of
the United States in declaring that no
state shall coin money, emit hills of
credit or make anything but gold and
silver a tender in payment of debts, and
at the same time declaring that congress
shall have power 10 con money and
regulate the value thereof, aud of for
eign coin. gave TO the Federal govern
ment supreme Jurisdiction over the
money question
Resolved, that instead of fixing the
relative ratio Of the value between gold
and silver coin the constitution expressly
gives TO congress the power 10 ascertain
and declare that ratio, as II may change
from tine to time, as was done during
the administration OF jackson.
Resolved since the ratio of sixteen
ounces of silver to one ounce Of gold
was adopted. especially within the last
twenty-five years, two most potent
causes have produced great change in
the relative valie of gold aud silver,
viz: the war between France and Ger
many, recklessly brought on by Louis
Napoleon, resulted not only Ia the inVa-
sion Of France and IN the capture Of
Napoleon and OF Paris. but In the eXac-
llOn by Germany from France Of $1,000 |
OOO,OOO in gold That enormous spoil
taken from France 10 gold fairly intoSi-
Gated the cOnquerors. II led Germany TO !
demonetize silver, aud ike England to |
establish single gold standard. Then
tue example was followed by the Scan
dinavian slates. Altogether II threw sud
denly upon the markets Of the world |
SIOJ,UiJ,cJO Of silver or five times the
annual production OF all the silver mines
VI the word Tie other cause is found
In the fact that since 1874, within the
ANSN Ai'N~@ sh"Aof tAN VI
the SILVER niin,,s OF the world has been
doubled Instead Of T5OO0,OOO ounces
it has become 14OoOO.O0O ounces per
annum.
l;-soyel, Congress in the exercise Of
its und0uoied power and ia the exercise
of its clear duty, whatever European
natibns may do. should coin both silver
and ..old Into money and maintain the
bimetallisni Of the constitution aud with |
sncb coinage the value OF silver In 4 dol
lar shall be equal 10 the bullion value OF
isold In A dollar, provided always LAT
fhe value b. fairly estimated On q basis
,bat the two Metals concur In forming /
The money circulation Of the world and
nat d is the general mass " the two
,netai5 combined which serves n~ the
measure Of value. 4, ,.,.,,,
1spNi Rt,ssAIAN FRANCIS q. NEW
LANDS
Of Nevada followed In an address oll-
lining congressional legislation on me
,IIysr question. England. be said. y Ins
,r,,.,t r,oid-,mning country Of the worm;
We owe her hundreds Of niillohs ~
ioilnrs We have today in THIS county
sou 40. 900 Of gold which can ee Nltn,
Irawn tomorrow II England wisaes,
the vifhdrawal Of SlU0, OOOlVOo ID sylu
this year produced iAe presea' pAins' !