The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-08-03

farther the distance between the two pre-
cious metals, thus making the return to
bimetalism more difficult, greatly increase
the purchasing power Of gold. still further
break down the Price of the products OF
the farmer, laborers, mechanics ana trades
men, and plunge still further all COM
merce, business and industry into such
depths of wretchedness as 20 endanger the
peace and preservation OF free institutions
and the very maintenance OF civilization.
We, therefore. in the name of the re-
public and of humanity. protest against
the repeal of said act OF July ii, 1890. ex-
cept by an act restoring free bimetallic
coinage, as it existed prior to 1873 We
suggest that the maintenance of bimetal-
lism by the United States at a ratio of 16
to will increase our commerce with all
the silver-using countries of the world,
containing two-thirds of the world, with
out decreasing our commerce with the ma
tions which bny our raw material, and will
sooner compel the adoption Of bimetallsm
by the nations OF Europe than any other
means.
We assert the unparalleled calamites
which now aff1ct the American people are
not due to the so-called Sherman act of
1890; and in pr oof thereof 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, it 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 the continent in the
a. Ak-
exigencies of the most energetic and in
dustrious race that ever dwelt on the earth,
and we insist upon the execution 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
IL provides for. to the end that the monthly
addition to the circulating medium the
law secures shall be maintained, and that
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 ma
tional bond and the national legal tender
money. whether made of gold, silver Or
paper, has not fallen particle.
The distrust is not Of the Governmentlor
it's money. but Of the banks. which have.
as we believe, precipitated the present
panic on the country in an ill-advsed
effort to control the action of Congress on
the silver question and the issue of bonds.
We invite 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 wav
they will much sooner restore that conf
dence which is so necessary to the pros
perity of the people.
1t must not be forgotten that while the
Boards Of Trade, the Chambers of Com
merce, the bankers or m0ney-dealers are
worthy and valuable men in their places
the republic can more safely repose upon
the great mass of its peaceful toilers and
producers and that this. "a business mans
age," is rapidly exterminating the busi-
ness men Of this country. The time has
come when the politics of the nation
should revert. as far as possible. to the
simple and pure condition out Of which
the republic arose.
We suggest for the consideration of our
fellow-citizens that the refusal of the op-
ponents of bimetallism to propose any sub
stitute for the present law or elaborate
any plan for the future indicates either an
ignorance of our financial needs or un-
willingness to take the public into their
confidence, and we denOunce the attempt
of the unconditional repeal Of the Sher-
man law as an attempt to secure gold
monometallism in fragrant violation of the
last national platforms of all the political
parties.
The committee also recommended that
the convention Immediately appoint COM
mittee composed of one member from each
State and Territory to act in conjunction
with the American National Bimetallic
League jointly to devise a plan and to
| provide ways and means for impressin g
| upon Congress and the people the impend-
| ing perils from the final decentralization of
silver.
| The ways and means committee was
then announced, including the following !:
Arizona, B. Heyman; California, C. L..
Belsbaw: Colorado. n. P. Hill; Idaho. G..
w. Bryant; Nevada. Thomas Wren: Mon
tana. w. A. Clarke; Utah. c. S. Allen /:
Washington. d. c. Kingsbury.
On motion of Bryan. the address Of
Chairman Warner of the Bmetallic
League. delivered before the convention
yesterday, was adopted as the address of
the con ven tion to the American people.
"Cyclone" Davis of Texas obtained the
floor and read dispatch printed in an
evening paper saying Secretary Carlisle
had been to-day in cons ultation with bank
ers in Wall street to see what they desired
done in the present crisis. Davis offered
resolution asking the Secretary also to
receive delegation from the people to
hear what they thought should be done.
The resolution was adopted by unami-
nous vote, intermingled with execrations
Of Secretary Carlisle for his betrayal of
silver"
The convention then adjourned sine die
ONLY MERE SURMISE.