The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1893-08-08
The Silver Convention in Chr
cago Success as to
Numbers.
Old Straw Refreshed and Old
Theories Advanced in
Speeches Loud and
Long.

were late in assembling this morning
the evening session last night havin.
been prolonged so late that a quorum
was not present until $50 this fore
noon. General good humor prevailed
over the prospect that the financia
troubles that have been embarrassing
the finance committee would be salts.
factorily adjusted.
When the convention YESTERDAY
found it to be necessary to secure q
large hall, Central Music hall, capable
Of seating over three thousand, wa.
secured, and the afternoon and eve
ming sessions were held there.
Manager Hall asked s400 rental
for the two days, which caused many
protests from the delegates. When
the latter tried to enter the hall thi.
morning, the proprietor refused to un.
lock the doors till the money was paid.
Several wealthy delegates finally came
to the rescue of the local finance com
mittee which experienced consider.
able trouble in raising the money.
TO IMPRESS CONGRESS.
When President Thurman called
the convention to order. j. S. Daugh-
erty, of Texas, made a motion that a
committee be appointed to devise
plans and provide ways for impressing
upon congress and the people, the i'm
pending peril and of the dire results
sure to follow the establishment and
continuance of gold as an exclusive
measure of value in this country. AZ
ter some discussion, the matter was
referred to the committee on resolu-
tious.
A telegram from the district assem-
bly, number four, Knights of Labor,
of st. Louis, sending greetings and
stating that the assembly has passed
resolutions demanding free for unlim-
tied coinage of silver at a ratio of SIX
teen to one, was read amid grea; APP
plause.
HILL POINTS THE WAY.
EX-United States Senator Hill, of
Colorado, addressed the convention
for nearly an hour. His arguments
were chiefly based on statistics tend
ing to show the adoption OF a gold or
single standard in any country had
invariably been followed by dreaded
poverty and depression. He said:
''The divergence between the value
of gold and silver as metals is now
greater than when the United States
commission made its famous report
and no boundary can now be set. t.. a
divergence that may be reached here
after, especially if the foremost
silver producing country shall
lend itself to the attempt being
made to establish a universal gold
standard. The scarcity of gold has
nothing to do with the present depres-
sion. The amount of money now
locked up and hidden away is more
than double the amount of gold now
in this country. The supposition
is that by repeating the Sher-
man act and thus bringing
on a great fall in the price of the
metal could force Europe into BIZ
metallic treaty is delusion and a
snare. If we are driven by conspira-
cy 10 resort to a single standard in the
country We should by all means Use
silver. applause If we restore
silver to IFS old place as money
metal by it, unlimited com
age and if. under the
force of circumstances over which
we have no control, our gold should
it be drained away, we still maintain
the first position among the nations of
the world and we will compel Eng
land, Germany and France to at once
adopt bi-metalism. Great applause).
1t is not Western Europe which is the
master of the situation, but the United
States. We have had a bi-metallic
since the first settlement of
America. All our traditions are
The judgment of the
country is undoubtedly in favor Of
in the old way. In all
events We will, by maintaining our
double standard law, make to mankind
a standing offer to continue in the old
way by keeping our minis always open
to all corners for the coinage OF gold
ot tho ratio of GOLD IN
silver of one to sixteen.
But if western Europe persrveres in
in measures which raise the value of
gold to such a height that it flows
away from us because We cannot re-
tain j. in monetary use without in
tollerable sacrifices, and if silver be-
comes at last our sole metallic money,
it is this country which will be carried