The weekly tribune. [volume] (Great Falls, Mont.) 1891-1894, 1893-10-13
AMERICAN BIN ETALLIC LEAGUE.
Resolutions Adopted ut the ST. Louis
Convention.

Resolutions Adopted at the st. Louis
Convention.
ST. LOUIS, Oct. j.-The following is a
synopsis of the resolutions adopted yes
terday by the Pan-American Bimetallic
League now in session here. "Wheras.
This convention believes in giving full
and equal power to every dollar bearing
the stamp of the government, it is es-
sentiai that congress take such action
relative to the coinage of the two money
metals as will restore silver to a position
il held in 1873. The present deplorable
condition of the country is the legitim-
ate fruit of the various financial systems
established by and maintained in the
interests of a plutocracy which threat
ems the liberties of the people. and
united action is necessary. The western
and southern states and territories by all
capabilities and nj are happily
fitted FOR mutual intercourse and de-
pendence, responding alike to the same
benefit and efforts, whether legislative,
financial or commercial.
The resolutions declare it the sense of
tho convention in view of these facts and
of the continued disregard of the vital
interests of the great producing states
by the dominant influence in national
centers, both financial and political, that
a closer alliance between the inhabi-
tants Of the west and south is upper
taively demanded for the purpose of
mutual protection and advancement
along all legitimate lines. We assert
that while this is true of the southern
and western states, it is also true that
the manufacturing states of the east can
not enjoy prosperity while the south and
west are depressed and not provided
with money to purchase the products Of
their factories.
The coinage of silver upon the basis
demanded is conceded to be necessary
to the upbuilding of TRADE relations Of
incalculable magnitude between the
United States and sister republics of
North and South America.
They further declare the total amount
of gold now in existence or capable of
production under tie stimulus OF in
crease of value is totally inadequate to
supply the demands Of the world for
money and the adoption of a single gold
standard will result in universal bank
ruptcy and ruin. Such action would be
in violation of the constitution, further.
more, in that it would impair all exist
ing contracts and double the obligations
of all debtors.
The resolutions declare it the duty Of
all patriotic citizens to resist in the
courts and the boliot box its adoption
and enforcement i adopted. The reso.
buttons are opposed to the further issu-
ance of bonds for the perpetuation of
the national bank system to which they
are unalterably opposed, AS it enables IA
few selfish individuals at pleasure TO
contract or expand the volume of cur
rency to the great injury of the misses.
a financial system is demanded which
will prevent the congestion of money in
the financial centers of the east. The
resolutions further urge the speedy i'm
provement by the national government
of the great water ways and invite active
cooperation for more direct routes to the
ocean that our products may reach the
markets OF the world at d minimum
cost. The report was unanimously
adopted amid great enthusiasm.