The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1893-11-09
A SCURRILOUS DOCUMENT
ALL THIEVES EXCEPT Us, SAY THE
PoPULIsT CONGRESSMAN.
Address to the People Of the Country Ac-
cusing Everybody Except silvsritss Of
ACKNOWLEDGEMENTS CalCu-
lated to Catch the Ignorant.

WASHINGTON, Nov, 4.-Populist
congressman, including senators and
members of the house, today issued
an address appealing to the people to
take up the silver cause. 1t is signifi-'
cant that the name of Senator Jones
New appears among the signers of
the document. The address begins with
a statement of the aggregate debts Of
the world and OF gold and silver in
existence; calls attention to the fact
that the arts require almost the total
gold production, and says that the de-
crease of the volume of this metal
caused by boarding has caused it to
appreciate 40 or 80 per cent.
The address continues: The repeal
of the purchasing clause of the Sher-
man bill destroys silver as money of
ultimate redemption and re-
duces that metal to float only
by redemption lin gold. The 1,100,-
600, 900 paper now in circulation must
rest upon less than $l00,000,000 in
gold in the treasury as available for
redemption. The only reason for de-
monetization of silver was to enhance
the value of gold and obligations pay
able in money. 1t is further proposed
to sell the bonds of the United States
and buy gold to strengthen the re-
serve in the treasury. The national
banks will use bonos for banking and
issue their notes upon which people
must pay interest as we'll as on bonds.
After reviewing the silver legisla.
ton since 1878, it is asserted
that the secretary of the treas
ury surrendered his option to
pay in silver to exporters of gold
without consideration and then pro.
claimed that the Sherman act was
driving gold out of the country.
The address criticises the Demo-
cratic party sharply. 1t asserts in eff
feet that Sherman interferred with
the establishment of gold standard,
and that New York and London bank
ers and the present administration in
the United States and in the Glad
stone government in England con-
spired to force its repeal. The presi-
dent issued call for an extra session
of congress, in which he attributed
the panic and which he himself aided
to create to the Sherman act.
Referring to the contest over the re-
peal bill in the senate the address
says it was continued until the gold
power and federal patronage could in
duce majority of that body to submit
to executive dictation. The gold press
in every commercial center teemed
with misrepresentation, insult and
abuse of the uupurchasable defenders
of the people. The banks, boards of
trade and commercial press demanded
vote without debate. The power OF
money was felt on every hand. In
timidation and threats of personal
violence loaded the mails of senators.
| Unusual and cruel hours were resort
ed to to exhaust the advocates of silv.
or and deprive them OF an opportunity
of spreading upon the record their
reasons why the people should not
be robbed for the benefit of the money
changers.
General A. j. Warner, president of
the bimetallic league, also issued an
address which closes as follows: GA
remedy must be sought at the ballot
box. Catechise every candidate for
legislative office and pledge every
candidate for congre to work and
vote for the restoration of the consti-
tutional standard of money with coin
age of both metals without discrimi-
nation against either and issue and
control of paper money by the gov,
eminent OF the United States. Retire
every representative who has been I'M
faithful to his trust and elect only true
and tried men to represent your in
terests in the great struggle now
before U.S."