Weekly expositor. (Brockway Centre, Mich.) 1882-1894, 1893-08-11
ITS SILVER OR BLOOD.
GOV. WAITE, OF COLORADO.
AT THE SILVER CONVENTION.
a Hot Set OF Resolutions Adopted-Daniei
Webster. Blaine. sherman and Carlisle
Quoted as Against "a Gold Basis.

Quoted as Against IA Gold Basis.
The second day of the convention
was very warm and interesting. The
preliminary speakers were eX-U. =.
senator \. p. Hill, of Colorado; eX-U.
;. Senator j. Il. Dooiittle, of Wiscon-
sin; Congressman Il. G.. Newlands, of
Nevada; u. 5. Senator Allen. of Nevada
who p edged the Peoples Party 10
silver; Hon q. :. Thomas, of Colorado;
John Ii. Lemon, of New York-whc
read telegram authorizing him %
express the sentiments of trades union
ISIS of the American Federation of
Labor as in favor of free silver.
Gov. Waite, of Colorado, then took
the platform, and was greeted with
great enthusiasm.
In closing the governor said: eff
the money power shall attempt to sus-
tain its usurpation of our rights by
strong hands as in other lands, we
will meet that issue if it is forced upon
us. For it is better, infinitely better,
rather than that our liberties should
be destroyed by tyranny that is OPP
pressing mankind all over the world,
that we should wade through seas of
blood-yea, blood to the horses
BRIDES" Tremendous applause.l
EX-Congressman Rice Pierce, of Ten
nessee, wrought the excitement up to
fever pitch by his arraignment of
President Cleveland for having broken
faith with his adhereuts IN the south
and west on the silver question.
The report of the resolutions COM
mittee was read by Hon. Ignatius
Donnelly. The preamble TO the pat
form quoted speeches of several famous
statesmen as against gold standard of
value. Daniel Webster said gold and
silver were the legal standard Of value
and neither congress nor any state had
the authority u fix any other. Hon.
james &. Blaine said the destruction
of silver as money and establishing
gold as the sole rate of va Ne, must
have ruinous effects upon all forms of
property except those investments
which yield Il fixed return in money.
These would be enormously enhanced
in vaIue and would gain a dispropor-
tionate and unfair advantage o,er
other species Of property. No
power was conferred ON congress 10 de-
clare either metal should not be money.
Congress has therefore, in my judg-
ment, no power u demonetlze.
Hon. j. q. Carlisle, secretary of the
treasury, while a member of congress
in 1878, said: According 10 my views
of the subject, the conspiracy which
seems TO have been formed here and in
Europe to destroy by legislation and
otherwise from three-sevenths to one
half of the metallic money of the
world (by demonetiziug sill ver) is I he
most gigantic crime of this or any
other age. The consun ton of such
"a scheme would ultimately entail more
misery upon the human race than all
the wars, pestilences and famines that
ever ocCCrred in the history of the
world" Senator John sherman is
quoted as saying in the senate in 1869:
THE contraction of the currency is u
far uore distressing operation than
senators suppose. To every person
except a capitalist out Of debt or sal
aried officer, or annuitant, it is period
of loss. danger, lassitude Ofstrdde, fal
of wages, suspension of enterprise,
bankruptcy and disaster. 1t means
ruin of all dealers whose debts are
twice their business capital, though
one-third less than their actual prop
erty. Ii means the fail of agricultural
production without any great reduc
ton of taxes"
The p atform proper was a very
Scorching document The main fed-
lures are here given:
l. That their must be no COMPROMISE OF
the liver que ton Ait legislation denune-
ii ing silver aud rostric Ing the 90 ma &c
thereof must he Immediately aud COM
petely repeale by an act IeStOring the
CO mage OF tie coIntry 10 the cond tons
estaOlis.ei by I e solndnes. OF the nat on
We protest against the unaucia policy Of
the ntJel tuteS icing ma % dependent
upon the opin on or policies OF any 70 eign
Government and as ert the power OF this
nation Ia stand on feet anu legls-
late for itself upon all suOje, u
=. We assert that the only remedy for
pure metallic IN ncia troubles Is To open
the NUTS Of the nat on To gold anu sl or al
the old ratio OF ~ teen OF silver 10 one OF
gold. Whie 1t will be urged that sucn IA
result wo nd enhance the price of silver
bu II n u IL sufficient for us to kno that a
similar case wou d q imme iiateiy made in
the price OF every kind OF property cept
god and credi In the eli ed world &C
would re "a shallow seihShle'S that y ould
Ceny prosperity to the ining industries Al
the cost Of bankruptcy TO the whole people.
D That while the q" herman act OF July
H. $50 wa, eNie to prevent he re -torti-
tion OF free coinage and Is grea ly DO ec-
tionaO'e becau Z IL cont nues tue pract. cal
exclusion uf silver IRON tn mints ANA re-
dgces IL 4 ON "A money me al to commer-
cial commodity ne 'ertheleS. Its repeal,
without the resto alton of free co maze
wouId stop the e pans.on of oar currency
re uircd by r gro tn In population aud
business z eatly lncrea- o the pIrcua ling
DO er o. gold. still further breaking 90 n
tue price the products OF the farmers,
laEorers, nee anics and the tradesm n,
AN plum Ie still further all commerce bu,i-
ness and industry into such depths OF
wFe ichedness "a TO en- n lRer peace the
preser alton OF free Institutions and the
very maintenance OF civlli alton We
therefore pr test again;t the repeal OF the
sal act OF uly ~, o. 'ept by an act re-
storing free bi-mei allie COMA e "a o i,tel
prior to 80. suggest that the mainten-
ance OF bi-metalii, IN by the United tates at
tie ratio OF - 10 viii Increase our COM
merce with all tue sill /, cruising countries.
:. We as ert that the unparalleled calam-
tiles VIII CHI no let the American peOp o
are not due 20 the so. caleI SHERMAN Z OF
$50. am la proof thereof call attention
TO the fact hiatt esame evil cond tions no '
pre-, IA over all the god standard world,
aud W., Insist upon the execution OF the law
withou. e aSion 80 long ns 10 Is upO the
statute book and upon the purcha, OF tue
II amount OF liver each month.
} That We would call the attention Of the
people to tine fact tnat IN the u,id Z OF all
the tro lbleS OF time { o val Q OF the
national Il nd AMI the national le- al tender
/ money, VIII 'tnec ma 10 OF gold 81 err or
pap"r has not fallen n particle. The dis
trust Is no OF tie government or It's money,
bot of the BANKS, which ma G n we ellie o.,
gree plated the present panic on the
the a"tlon OF ongre on tine silver question
a - ~