Daily independent. [volume] (Elko, Nev.) 188?-1915, 1893-08-02
COUNTY OFFICIAL PAPER.
THE SILVER CONVENTION.


dist Church. When Chairman War
ner called the Convention 10 order
many OF the delegates we're obliged 10
stand in the aisles on account OF the
smallness of tho hail. The Chairman
introduced Mayor Carter FL. Harrison
who welcomed the delegates to the
city. He spoke as follows:
I welcome you warmly, because l
believe you have the good OF the coun-
try A. heart. Some Of you may be ra-
ther wild; it is said that you are sill
yer lunatics. I look down upon you
and am rather glad to welcome such
1unatics. It's crazy men that marcE
the world forward and make progress
a possibility. They SAL that though
you believe in bi.metallIsm, you are
crazy. If the actien of 1873 be blot
ted from the annals Of American po-
liticai action, 1 believe that silver
would be worth 81 20 an ounce. Re
wlso in your deliberations, brit b. f. ar
less. Congress is about to meet.
Give the benefit of your deliberations
to Congress and tell Grover Cleveland
what the people OF the United States
want.
Hon. Thomas M. Patterson, chair
man of the Colorado delegation, re-
sDonCled TO the Mayor.
Chairman Warner Of tho Bi-Metal-
lie League then drliveaed his opr ming
address, as follows: "Fhe most extra
ordinary condition Of affairs meets
tho assembling Of this convention
TIE nth is Yielding her fruits in ut
usnl abundance and rich harvCsts nre
bling gathered under favOrinG skies,
and vet never before in the history Of
thu country has there been such wide
sp"Hnl fears and distress; never before
was there such loss Of confidence and
DIES, rurtion. Industries are every
whn"" breaking down and laborers by
tens o. thou sands are thrown work!p
OIL tn" streets, with want staring item
in tn" face. Scores o. banks are driv-
on (" euspens ion. There has beam n
shrinl;rge Of hundreds Of millions in
the due OF storks and other proper
ty. 70 attribute all this condition
to tho silver purchasing law is ali.
eurl Under this law since 1890,
S15N.n1N,C00 hrs been added TO our
currency. Does anyone believe that
thu rrceenCb Of this Sl50.O0N,OO0
mnlycs money ocarce and dear? The
roaI oll ct Il ssOn Of tho situation ls
vcry different from that which gold
cons"iratcrs intend. tt enables us %
sec tho beginning Of the shrinkage in
prices that must take place in order
togo to purely gold basis. ME
trouble is in tho chance in the NOR
e. standard. The value Of money
may ho doubled, either by roubling
tho weight % standard coins or by de-
e'rrying half Of the metal out of
wlch coins 1re made. Tho pstab.
lishmcnt Of single gold standard is
equivalent to putting the value OF two
dollars into ono; it is doubling the
unit and putting property down half.
This ia what is going on. To do this
and still require tho sane mum Der of
dollars in payment Of debts and taxe1
ia to eaHc'ion tho spoliation Of one
clnss by tho other. I characterize
the silver net Of IS ms; n cline and nm,
willing to havo tho act Of 80 rope,d
cd If tho othnr Sherman net Of '73 ran
be revealed ny the same bill. let
both Sherman laws 90 together and
place tho country back upon tho con.
s,iinton ND tho law, ns it etood be-
foro 1878"
a Committee on Credentials was
then appointed, consisting Of ono
member from Zach State, and a com L.