Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1893-08-10

the man from the east who claims to
represent the Democratic party, does
not represent it but misrepresents its
position on this question"
Pierce added that Cleveland was
nominated because the people through
out the south thought he was the man
to protect them against the force bill.
They also believed he was an honest
man and would not attempt to 90
against the interests or will of his
party upon any question. That the
leaders were mistaken Cleveland's ac-
tions today shows. Applause and
hisses.)
About this time a populist from
Georgia asked Pierce how Crisp stood.
He replied that Crisp had stood for
twelve years by the people on every
vote in support OF tree coinage, land
] cannot believe he will play Judas
now"
"How about Carlisle?" yelled an
other delegate.
"If Carlisle fayors the unconditional
repeal of the Sherman act," replied
Pierce, "he has gone back on his record
and on all the people he has repre-
sented in congress for years"
A committee to devise plans and
provise ways and means for impress
ing upon congress and the people the
impending perils from the final de-
monetization of silver was appointed
as follows; Arizona, b. Heyman; Cal
ifornia, C. l.. Belshaw; Colorado, n.
p. Hill; Idaho, G. w. Bryant; Nevada,
Thomas Wren; Montana, w. A. Clark;
Utah, c. s. Allen; Washington, ID. C..
Kingsbury.
Among other things the preamble
asserts:
"We stand in the midst of unpar-
alleled distress, in the shadow of i'm
pending calamity beyond estimate.
, The ruling industry of the people who
, inhabit one-tbird of the area of this
republic has been stricken down,
property values destroyed, workmen
compelled to fly as from pestilence
everywhere toilers numbering hun
dreds of thousands have been thrown
, out OF employment to eat the bread
of charity or starve; the products o.
; industries from workshops have de
r preciated in price until production
j ceases to be profitable; the money o
the country, inadequate for the bust
ness of the land, has gravitated to tn,
> banks, while the people, distrustinl
D the banks, demand deposits to hoarC
: or hide; mercantile houses are goin
, to the wall by the thousands. becaus
the masses have not the means t,
buy even the necessities of life. TIL
i movement of great crops being gath
r cred demands vast amounts OF cur
+ rency, which the banks are unable t,
:. furnish. In the midst of these con
Il ditions the daily press is clamorin
n Co. ha ~ he Shzrt,aav, aat a
v though repeal means the stoppage G
n the issue of more than 100000
every month, ignoring the fact that t.
D hold the balance level between debto
r and creditor factions the supply {
E. currency must increase with increase
D. population and business power. Th
! growth of population is 33 per cen
:, every ten years; the increase of bus
ot ness is much greater"
s. The preamble then quotes at lengt
from the utterances of James 6
= Blaine, Daniel Webster and Secretar
" Carlisle in favor of bimetallic currency
le and Hon. John Sherman on the daI
1t ger OF monetary contraction.
m Lengthy and stirring resolution
n followed, which were unanlmousl
,e adopted. Following are specime
e. planks'
3, THAT while the Sherman act
o. July Ia was device of the enemy
h prevent the restoration of free coinas
H. and is greatly Objectionable because
be continues the practical exclusion
ne silver from the mints and reduces
d, from a money metal to commerci
ne commodity, nevertheless its repe
:" without the restoration OF free coina,
would stop the expansion of our Gu
rency required by our growth in pop
be lation and business, widen still furtb
ed the distance between the two preciol
ke metals, thus making a return to
nd metallism more difficult, greatly i
ID: crease the purchasing power of gol
=" still further break down the price
re- the products of the farmers, laborel
I'd, mechanics and tradesmen, and plum