Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1893-08-05

cents In the United States. they will be worth
that sum everywhere else; and IL cannot be
bought for less. While IL will be urged that
such result would enhance the price OF silver
| bullion, IL IL SUFFICIENT for US TO know that o
similar increase would be ut once made In the
| price OF every form Of property except gold and
credits In the civilized world 1t would be
| shallow seltishness that would deny this to the
mining industries at the cost OF bankruptcy TO
the whole people. The legislation to demone.
| tie silver has given IN unjust increase to the
value OF gold NJ the cost OF prosperity OF man.
kind; wheat and all other agricultural products
have fallen side by side with silver.
Third-That while the SHERMAN act" OF
| July II, 1897, was device OF the enemy TO pre-
vent the restoration OF free coinage. and is
greatly Objectionable because II continues the
practical exclusion OF silver from the minis
and reduces It from money metal TO o
| commercial commodity, nevertheless its
| repeal, without the restoration OF free
coinage, viii stop the expansion Of our cur.
| rency required by our growth In population
| and business and widen still more the
| difference between the two precious metals.
| thus making the return to bmetallism more
| diflicult; greatly increase the purchasing power
| Of gold; still further break down the price OF
| the products OF the farmer and laborer. the me
chnnic and tradesmen. and plunge still further
all commerce. business and industry into such
| depths OF wretchedness as to endanger peace,
order, the preservation Of free insti,u.
| lions and the very maintenance Of civilian
| ton. We therefore, In the name OF the
| republic and OF humanity, protest against
| the repeal Of the said act OF July H. 1897, ex
cept by an act restoring free bimctallic coinage
as IL existed prior to 1879 We suggest that
the maintenance OF bimetallism by the United
States ~ the ratio oil 10 to will increase our
| commerce with Dll the silver using countries OF
| the world containing two-ihirds OF the world
without decreasing our commerce with those
nations which buy our raw material. and will
compel the adoption OF bimetallism by the M
tons OF Europe quicker than any other means
Fourth-We assert that the unparalleled Gu
lamities which now affict the American poo
pie are not due TO the sO-callcd Sherman act Of
1891, and IN proof thereof we call attention to
the fact that the same evil conditions now
prevail over all the Gold-standard world. We
are convinced that bad rs Is the state Of affairs
In this country, II, would have been still worse
but for the Sherman net, by which the nation
obtained to some extent an expanding oircular
tion to meet the demands OF continent In
process OF colonization and the busin rs ext.
gencies OF the most energetic and Industrious
race that ever dwet ON the earth, md we insist
upon the execution Of the law without evasion
SO long as II Is upon the statute books and upon
the purchase OF the full amount OF silver each
month that II provides for. to the end that tho
monthly addition 10 the circulating medium this
law secures shall be maintained.
Flfth-That We would call the attention OF
the people to the fact that In the midst OF the
troubles Of the time the value CT the national
bond and the legal tender money whether
made OF gold silver or paper has not fallen
particle. The distYust Is not OF the
government or its money, but OF the
banks which have rs We believe, precipitated
the present panic on the country In IN III ad-
vised effort TO control the action OF congress on
the silver question and the issue OF bonds
We invite the bankers TO attend 10 their
legitimate business and permit the rest
OF the people 10 have their full share
in the control Of the government In this wny
they will much sooner restore that cont dence
which Is so necessary to the prosperity OF the
people II must not be forgotten that while
boards OF trade, chambers OF commerce. bank
crs and money dealers are worthy and valu'
able men In their places ths republic can more
safely rcpose upon the great mass OF Its
peaceful toilers and producers, ana that
this business mans age" is rapidly extcrmi-
mating the business men Of this country. The
should be diverted. rs far rs possible, TO the
simple and pure conditions out OF which the
republic arose. We suggest for the consider
alton OF our fellow citizens that the refusal
OF the opponents OF bmetall!sm 10 pro-
pose any substitute for the present law or TO
elaborate any plan for the failure indicates
either an ignorance OF our financial needs or m
unwillingness TO take the public into theft con-
tldence and we denouuce the attempt TO uncon.
III ct all, el.A l.saV Inn m nj
tempt to secure gold monometallism in fragrant
violation OF the last national platforms OF all the
political parties.
After the resolutions were disposed
of, at the instance of Mr. c. 5. Thomas,
of Colorado, the convention extended
unanimous vote of thanks to Presi-
dent Thurman and other officers of the
assembly.
Cyclone Davis, of Texas, now got the
floor long enough to read dispatch in
an evening paper stating that Secretary
Carlisle had been yesterday in con-
sultation with New York bankers on
Wall street, to see what they de-
sired done to meet the present crisis.
Mr.. Davis offered resolution asking
the secretary of the treasury to also re-
ceive a delegation from the people" to
hear what they thought should be done
in the present crisis. The resolution
was adopted by unanimous vote, inter-
mingled with excavations of Secretary
Carlisle for his 'betrayal of silver"
On motion of Gen. Warner, of Ohio,
the convention then adjourned sine die.
HUGHES COURT MARTIAL.
E0nvanaG MT T0naka-An 0biRcflOn nj