The record-union., 1893-08-01
specIal 70 the REcoRp-UNIov.

declaration of war tomorrow, and the
eignal of hostilities will be given by
combined convention of Populists, free
silver men and greenbackers, for to be
outlawed will be ''the money power"
and this generalization is so broad that it
is designed to include capitalists of
Europe, as well as the money barons of
Wall street.
The scenes following the imposition of
Che stamp and other taxes, so hotly con-
tested and Indignantly denounced by the
colonial fathers of l776, would have been
q fitting parallel to that furnished in the
hotel lobbies to-day by the popular ar
Yaignment of the attempt which it is as
serted is now being made by Great
Britain and the mono-metallic mon
archies of Europe to coerce the American
continent into a financial dependency
upon the flats of the Old World. The
laws Of supply and demand, the results
of overproduction,f found no place in their
arguments, for every suggestion of this
kind was repulsed by startling array of
statistics and figures tending to show
that the closing of the mints OF India, the
death blow to free coinage in Europe, and
the demand of Wall street for the repeal
of the Sherman bill, are but parts Of
great conspiracy against the silver re-
publics of the Western hemisphere.
II is the opinion. too, of the delegates
now assembling that the conspiracy
should he firmly met and the enemy
promptly routed, and some of them grow
hot enough at times to intimate that if
legislation is inefficient a recourse to arms
might present a remedy.
The Populist, Greenbacker and free
silver men seem to be united on one pro
gramme-that the repeal of the Sherman
Act must be resisted to the last, unless
there he coupled with it an Act for free
coinage of silver or greater volume of
currency. The Greenbacker and Popu-
list, who believe the fiat of Government
is as potent to make dollar ont of a strip
of green paper as to make a dollar of 20
cents worth of silver, are, of course,
not particular whether the legislation
substituted for the Sherman Act shall be
free coinage or Government greenb backs.
but for the sake of showing a solid front
against the common enemy, the mono
metallists, they will unite with the free
coinage men in a concerted resistance to
the Cleveland policy, unless greater vol
ume of currency is insured to meet the
stringency of the financial situation.
In this programme are found united
Republican Congressman Bartine of Ne
vada, Democrat silver dollar Warner of
Ohio, Populist Kolb of Alabama and all
their respective followers. and their name
is legion.
1t is apparent even now that the work
of the convention is not to end with a
sine die adjournment on Wednesday.
Aggressive committees are to be ap-
pointed to carry the fight to Washington,
and State committees to work up public
sentiment in the various States. Then a
campaign committee is to be named, and
to this committee is likely to be en-
trusted what is really the most important
work of the free silver crusade. Mass
meetings nightly for all weeks to come
during the financial crisis are to be held
by the unemployed and poverty y-stricken
in every city in the land, and resolutions
presented and adopted calling upon Con-
gress to pass free coinage bill. The
proselyting of labor leaders of labor
organizations is to follow next.
1t is to be great moral crusade, the
awakening of the masses until the pop
ular demand becomes so strong that the
voice of the people will be stronger than
the voice of gold, as the Populists put it
tonight. The men who are assembled
here are terribly in earnest, and their
members of marked personality and in
telligence. Most of their leaders give
great significance to the gathering.
1t is thought that ex-senator Regan of
Texas will be permanent Chairman of
the convention.
a large delegation from Colorado ar
rived to-day, headed by Governor Waite.
ex-senator Kellar, Ex-Governor Routt.
exhibited States Senator Hill, President
Fisk of the Pan-American Bimeta lie
League and others. Shortly after the
Alabama delegation arrived, with Cap
tain B. c. Kingsbury, c. /. Hathaway
and B. F. Kolb at the head A. J. War
uer of Ohio and Senator Reagan of Texas
are also on hand.
Late tonight it was announced that a
conference Of leaders decided upon Allen
q. Thurman of Ohio for Chairman.
SILVER PURCHASES.
WASHINGTON, July 3l.-For the first
time since the passage of the Sherman
silver law the Treasury this month failed
10 buy the full quota of 1, 500, 900 ounces OF
silver. The total purchase for the month
was 2,3S4,0O0 ounces, leaving a shortage OF
2.I16,000 ounces. The amount purchased
to-day was 10000 ounces at the counter
offer of S0.70S0 per ounce. Congressman
Pence and Bell of Colorado were in Pres
TOMS room at the time he rejected all
offers and made the counter offer. Both
ofthem were much concerned about what
they claimed was the effort of the Treas
urv Department to bear the price OF
silver in the markets of the world. They
indicated their purpose to precipitate sill
Yer discussion the first working day OF
the extra session by a resolution of in
cuiry as to whether or not the Secretary
Of the Treasury had not exceeded his
authority in refusing to purchase 4,5OO,-
coo ounces of silver in July as provided
by law.
POSITION OF SENATOR VANCE.
RALEIGH N. c., July Ex-senator
Vance last week wrote a letter to the
Farmers Alliance, in which, in reply tc
she question as to his position on the sill
yer law, be said he was unslterably op.