The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1893-07-21
AN APPEAL FOR SILVER.


Colorado Urges the East to Consider Well
the Decisive Question.
The following is the report of the
committee on resolutions adopted by
the silver convention in session at Dem
yer, July 10:
ITO THE PEOPLE OF THE UNITED STATES:
The people OF Colorado, standing in the gloom
OF impending disaster and representing in con
dition and sentiment the people of Montana
lcaho, W yomfng. Nevada South Dakota Utah,
Arizona and New Mexico, with reverence for
the constitution and answering loyalty to the
general government, as. for ycur calm and
candid consideration of the following facts be-
fore you give your approval to the destruction
OF silver as money and TO the final establish
ment in this country of the single gold standard
OF values and thus at one stroke change all
debts to gold debts and inaugurats never
enolng rise OF gold and continued corre-
spordlng fall in the price OF every commodity.
The Panic and Silver.
Congress has been called to meet In extra
session on August .. Preceding that call the
classes which have struggled for twenty years
to overcome the bimetallic money standard pro-
T1ded by the constitution inaUyurated panic
which they untruthfully charged to the existing
silver law, ignoring The facts that there we're
sSC0 Geo, COO Of outstanding legal tender notes.
commonly called ereenbacks, that were equally
available with the treasury notes issued in pay
ment for silver to draw gold from the treasury:
against US, rendering settlement abroad with
American gold necessity and that the great
bankers OF Europe were purchasing gold with
which to change the money standard OF Austria
and to fill the treasury vaults OF other mon
archical countries.
1.-The evident purpose was to create prejudice
against what is known as the silver RELEASING
act and under pressure secure its unconditional
repeal The success of this scheme was only
partial. Venal presidential patronage, supple
IA liar h,t he
gold press, aggravated by daily circular assaults
upon the law by eastern money brokers, sent 10
every commercial body and banking corpora
ton IN the four quarters of the country, had
possibly won over the house Of representatives
TO II; but even the president admitted that in
the senate there was staunch majority against
It. Suddenly, like fire bell in the night the
news was flashed beneath the oceans that free
coinage in India had been suspended and that
the market price of silver had fallen within
forty-efght hours fully ~ cents per ounce.
This startling action, forced upon the Indian
government without a moments warning, the
step held in secret contemplation by the British
government for months, to be taken at crit
1cal and opportune time when the consterna-
ton it must cause, it was hoped, would stamp
out the last phalanx of bimetallsm defenders,
must have had as one of its chief aims the in
timidation Of the senate to bring 1t in line with
the subservient lower house.
Trying to Force Repeal.
"Immeda tely the wires were burdcned with
appeals to the president from banks and clear
ing houses and commercial bodies dominated by
them for an extra session and to senators to re-
peal the Sherman law, which, it was claimed,
was responsible for all the disaster.
The call was made. The time for the session
to commence was early; so early, indeed, that
may ii not have been the hope of the president
that the panic would not subside and the meas
ure OF repeal be forced through before reason
resumed its sway and truth and logic could
he ami of in1Pf-
allism-and they now fairly number ali those
who oppose free coinage for silver alike with
gold, it was before the demone tization OF sill
yer in 1873 openly declare that they will be con-
tent with nothing less than the unconditional
repeal OF the silver purchasing clause OF the
Sherman law. 1t is for that they struggle; 1t
was TO secure that that the 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. 1t fixes the
United States firmly IN the ranks of the single
standard nations. 1t is the consummation of
the conspiracy organized at he close Of the
Franco-PrusS;an war to destroy as money ono
half o: the coined money in the world-leaving
the other half to bear alone the vast mountain
OF credit upon which the worlds business is
Notwithstanding more frequent panics and
rendering them mor- destructive and enduring
Great Britain Accused.
ut is idle to hope that reducing the value of
ain to seek international solution of the diem
ma The home of the single standard is in her
islands. Its members have fully anticipated
the low degree to which silver will descend
They have discounted its disturbance OF her In
dian trade and steeled their hearts against the
crime it will be against her Indian subjects
The power that could plot for seventy-s seven
years; that could force its yoke upon Germany.
the Latin union. Aust and the United States;
that could gain to its aid the daily press of the
InoYr ,frx ehat Co.,
the national conventions of the great American
political parties-granting in their platforms
professions Of bimetallism, but always secur-
ing presidential candidates unaltcrably opposed
to ii: that could change an overwhelming sem
| timent among the people for bimetallism to
a feeling OF enmity or Indifference, can never be
induced TO relent, for it has counted the cost
and has learned its power.
The Sherman Law.
1.-THE Sherman law is not the work of the su-
ver-producing states. 1t was forced upon the
country against their will Their constant 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 to
impose upon the country some new financial
nostrum, but have asked simply for the rcsto-
RI ton Of the coinage laws as they were from
| the first year of the federal constitution until
the furtive repeal of 1873. The Sherman law
was the trick by which that restoration was de-
feated. 1t accepted by bimetallistS as n
time be restored, and they now demand, not
that the Sherman law shall be retained, but
that the hostage shall he redeemed by the re-
enactment in its stead of the coinage laws I'M
der which the country grew and prospered for
more than three-Quarters of a century.
What Bimetallists Ask.
1.-THE charge that the bime tallists demand
that sixty cents shall be made q dollar is lie.
1t was the trick of the single standard conspir
| ators that lessened the value of silver Had
gold been acknowledgements Of sllver-retan-
ing for silver its greatest use and chiefest func
tion and depriving gold Of its greatest and
chiefest function-gold would not to-day be
worth IS per ounce and silver value and pur-
chasing power would be increased largely above
its former highest figure
''What bimc tallists do ask and all they ask is
that the law relating to coinage as it was for
the seventv-ive years of the countrys greatest
glory shall be restored without the addition or
expunging of 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 cheerfuly
| submit to any legislation that experience will
| suggest as necessary to make every dollar Of
the United States equal in intrinsic value to
| every other dollar bearing its stamp They
urge the old law with supreme confidence born
of the unassailable truths of history that it will
Immediately place every coined 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 countrys magnificent industries.
Effects OF Unconditional Repeal.
Twill you listen TO while we speak in
words of sober earnestness OF the local effects
| the unconditional repeal of the silver law will
have:
1.-The silver mining states and territories. en-
bracing 900 900 square miles of continent with
100000 Americans inhabiting them, depend
pecuniariy upon silver mining for their. pros
| perity. That industry is the very heart from
| which nearly every other industry receives sup
port Agriculture will not thrive without arti-
| fetal irrigation; its mines Of COAL iron, stone
| and clay, while magnificent are worked with
| such dear labor and are so remote from other
| local markets that their movement would be
| feeble and their operation disastrous without
| the stimulus the mining industry affords.