Indian chieftain. [volume] (Vinita, Indian Territory [Okla.]) 1882-1902, 1893-07-20

Colorado Urges The East to Con idnr wcn
the rcclaivc Ouraton.


the rcclsIsc Question.
Tho following Is the report Of the
committee on resolutions adopted by
tho silver convention in session at Dem
yer, July IL:
10 1HK prorLE OF THE UNITED STAIRS:
The people Of Coioru1o. siind.ng in the gloom
cf impending disaster and representing In con
diton and sentiment The people Of Montana
Idaho, Wyoming Nevada South Dakota, Utah,
Arizona and New Mexico, with reverence for
the constitution and unswcrving loyalty 10 the
general government, ask for your calm and
cnndd consideration OF tho following facts he
fore you give your approval to the destruction
Of silver rs money aud 70 the FINAL establish
mont IN this country OF tho single gold standard
of values and thus at one stroke change all
debts TO gold debts and inaururato q never
ending rise Of gold and D continued corre-
spending fall in tho price Of every commodity.
Tho Panic and silver.
"Coasress has been called 20 meet In extra
session on August z Preceding that call the
classes which have struggled for twenty years
10 overcome the bimctallic money standard pro
vided by the constitution inaucuratcd panic
which they untruthfully charged 10 the existing
silver law, ignoring The facts that there were
taCONOCoO of outstanding lsgal tender notes.
commonly called rrccnbacks that were equally
available with the treasury notes issued In pay
mont for silver TO draw gold from the treasury;
that the balance OF our foreign trade had turned
against Us, rendering settlement abroad with
American gold q necessity. and that the great
bankers Of Europe were purchasing gold with
which 10 change the money standard OF Ausiria
and 10 nn the treasury vaults Of other mon
archica countries
"Thc evident purpose was to create prejudice
against what is known as the silvcr-purchasing
act ana under pressure secure It's unconditional
repeal The success Of this scheme was only
al ffal fuf frNn
meutinr false and inccndlary uttcranccs by the
gold press, aggravated by daily circular assaults
upon the Jaw by eastern money brokers sent 10
every commercial body and banking corpora
tion IN the four quarters OF tho country, had
possibly won over The house OF representatives
10 iu but even tho prcsldcrt admitted that in
the senate there was o staunch majority against
A. Suddenly, like n Gre bell In the night, the
nows was flashed beneath the oceans that frce-
coinage in India had been suspended and that
the market price ot silver had fallen within
forty-cght hours fully % cents per ounce
This startling action, forced upon the Indian
government without moments warning, the
stop held in secret contemplation by the British
government for months, TO be taken at crit
ical and oppOrtune time when the coustcrna-
tion II must cause, Il was hoped, would stamp
out the last phalanx OF bimctalllsm defenders,
must have had as one Of It's chief aims the In.
iimidaiion Of the senate TO bring Il in line with
the subscrvicnt lower houso
Trying to Force Repeal,
"1mmcdiately the wires were burdcncd with
appeals 70 the president from banks and clear
ing houses and commercial bodies dominated by
them for an extra session and 20 senator's 10 re.
real The sherman law which, II was claimed,
was responsible for all the disaster.
''The call was made. The time for the session
20 commence was oarlyi so carly. indeed, that
may It not have been the hope OF the president
that the panic would not suhsid0 and the meas
ure OF repeal be forced through before reason
resumed It's sway aud truth and logic could
dominate the congress. The enemies Of bimct
allism-and they now fairly number al those
who oppose il-e coinage for silver alike with
gold, as IL was before the decentralization OF sil-
yer in ls71, openly declare that they will be con
tent with nothing less than The unconditional
repeal OF the silver purchasing clause OF the
was 10 secure that that tho panic was created
and free coinage In India suspended
Unconditional repeal-that means striking
from the laws the last remnant OF legislation
that secures coinage for silver. II fixes the
United States firmly IN the ranks OF the single
standard nations. II 10 the contamination Of
the conspiracy organized at he close OF the
Granco-Prcss.nn war 70 destroy as money one
half OF the coined money In the world--leavng
the other half 70 bear alone the vast mountain
o. credit upon which the worlds business is
co oiducted-iuyiting more frequent panics and
Great Britain Accused.
"1t IS idle % hope that reducing the vaiao Of
silver 10 thu lowest stage wiz frrss = soai Dfit
an 10 seek lntrrnaf $50 soiOtioa Of the duefn-
ma The f4sslc OF The single standard n IN her
is...a-s LIS members have fully anticipated
thU low degree 10 which silver viii descend.
They have discounted It's disturbance Of her In
diHn trade and stcoled their hearts against tho
crime It Will be against her Indian subjects.
Tie power that could plot for seveniy-seven
years; that could force its yoke upon Germany.
the Latin union. Austria and the United States;
that could gain 10 its aid the daily press OF the
country; hat could control for twenty years
the national conventions OF the great American
political parties-grantng in their platforms
! professions OF himetallism, but always secur.
ing presidential candidates unaitcrably opposed
10 H. that could change an overwhelming SEN
timent among the poo?e for bimetallism 70
| feeling of enmity or Indifference, can never be
induced to rcloat. for IL has counted the cost
and has learned its power.
Tho sherman Law.
Tho Sherman law Is not Inc work OF the sll.
| vcr-producing states II was forced upOn the
country against tho.r Will Their cons tant de-
mand has been that Of the agricultural states Of
| the west and south and of the working masses
| OF the whole country. They have not sought 10
Impose upon the country some new financial
nostrum. but have asked simply for the resto-
| ration OF the coinage laws as they were from
| The nrst year OF the fcucral constitution until
the furtlvc repeal Of lo51 Tho sherman law
was the trick by which that restoration was de
| icatcd. II was accepted hy bimetallist5 as a
p.'dgc that the OLD laws should al some future
time be restored, nnd lh'Y now demand. not
that the sherman law shall be retained, but
that the hostage shall he rCdcomcd by the re-
enactment IN its stead OF TIE tonnage laws uu-
der which the couatry grew and prospered for
more than three-quariers Of q century
What Bimetaiiists Ask.
''The charge that the limetallists demand
that sixty cents shall be made dollar Is lie.
II was tho trick Of the single standard conspir-
ators that lessened the value OF silver Had
| gold been demoneiized instead Of Ofsilver-retain-
ing for silver It's greatest use ana ohiefest funo-
ton and deprivlng gold Of is greatest and
| chicfest function-eold would not today be
worth ~ per ounce ana silver value and pur-
chasing power would be increased largely above
its former highest figure
'Nhat bimetalllsts do ask ana all they ark Is
that III i.n .-!erng 10 coinage as II was for
the scNcutY-hve years Of the Country's greatest
glory shall De restored without tho addition or
expungng Of a syllable II with that law re-
| enacted and fair trial Of IL had, silver shall
not without the purchase Of an ounce Of metal
| by the government resume its former relative
value with gold, bimetallists will cheerfully
submit 10 any legislation that experience Will
suggest as necessary 10 make every dollar OF
| thN AAittA otANfa tluai IN Intrinsic value 70
every other dollar bearing is stamp They
urge the old law with supreme confidence born
Of The unassailable truths Of history that IL will
/ immediately place every eoincd American dol
| lar upon par Of value both as coin and bullion
restore the bonds OF weakened love and conf
dence ana set In happy motion the wheels Of
all the couniry's magnificent industries.
Effects OF Unconditional Repeal.
"Nin you listen 10 us while we speak in
woIis Of sober earnestncss Of the local objects
the unconditional repeal Of the silver law win
| hnvef
| The silver mining states AMI terrltorles en-
bracing lOOl,O00 square miles Of continent, with
| 2uOOO Americans inhabiting Them. depend
| pecuniarily upon silver mining for their pros.
| pcliy That Industry Is the very heart from
which nearly every other industry receives sup
port Agriculture viii not thrive without artl-
| fetal irrigauOn IT'S mines Of coal iron, stone
and clay, while magnificent are worked with
such dear labor ana are so remote from other
local markets that their movement would be
! feeble and their operation disastrous without