Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1893-08-10
THE 9I-METAIIISTS,
An convention at Chicago, Conclude q
General Harmonious Convention and

CHICAGO. Aug. 1.-The delegates to
the National Bimeta llic convention
were little late in assembling this
morning, the evening session of last
night having been prolonged to so late
an hour quorum was not present at
$50 this forenoon.
Ex-United States Senator N. P. Hill,
OF Colorado, addressed the convention
on the silver question for nearly an
hour. His arguments were chiefly based
on statistics tending to show that the
adoption of gold or single standard
In any country had invariably been
followed by poverty and depression.
United States Senator Allen, of Ne
oraska, provoked much enthusiasm in
a brief but stirring speech.
Hon. {. 5. Thomas. the prominent
Colorado attorney, followed in a short
address, after which recess till p.
m. was taken.
The first speaker of the afternoon
session was John Il. Lemon, of New
York, representing the executive coun-
cd of the American Federation of La
Dor.
There was tremendous applause
when Gov. Waite of Colorado was in
PRODUCED as the next speaker.
Ex-Congressman Rice Pierce. of Ten
nessee, the lieutenant of Chairman
Bland in the last congress, was re-
ceived with great enthusiasm, and pro-
ceeded to make a speech which was the
sensation of the day in it's arraignment
of President Cleveland.
tics.
Judge c. E. Goodwin, of Salt Lake
city, followed in a half-hour speech,
which was loudly applauded.
The report of the committee on reso-
buttons was now read to the conven-
ton by Hon. Ignatius Donnelly, inter.
rupted by frequent applause.
THE PLATFORM.
The following is the platform as
adopted:
There must be no compromise Of this Ques
tion All legislation demonetizing silver and
restraining coinage thereof must be immediate.
ly and completely repealed by an act restoring
the coinage to the conditions established by
the founders of the nation. and which
continued for over eighty years without
complaint from any part of people.
Every hours delay in undoing the corrupt
work of Ernest Seyd and our foreign cne-
can people. crushing burden on their pros
perity. and an attempt to place US again under
the yoke from which George Washington and
his cOmpatrotS rescued us. We protest against
the financial policy being made dependent up
on the opinions or policies OF any foreign gov.
eminent and assert the power of this nation to
stand on it's own feet and legislate for itself up
on all subjects.
.. We assert that the only remedy for our
metallic financial troubles is to open tho
minis Of the nation to gold and silver
on the equal terms of the old ratio
16 of silver to of gold. Whenever silver
bullion can he exchanged at the minis for legal
tender silver dollars worth 1O) cents each. that
moment il2l. grains of standard silver will be
worth 1CO cents; and as commerce eQualiZeS
the prices of all commodities throughout the
world. whenever 412A grains of standard silver
are worth 100 cents in the United States they
will be worth that sum everywhere else. and
can not be bought for less. While it will be
urged that such a result would enhance the
price of silver bullion, it is sufficient for to
know similar increase would be Immediately
made in the price of every form of
property except gold and credits in the
world. 1t would be a shallow selfshness
that would deny to the mining industries
at the cost of bankruptcy to the whole people.
The legislation to demonetize silver has given
an unjust increase to the value of gold at the
cost of the prosperity of mankind; wheat and
all other agriculture products have fallen side
by side with silver.
3. That while the Sherman act OF 1890 was
device of an enemy to prevent the restoration
of free coinage. and is greatly Objectionable
because it continues the practical exclusion Of
silver from the minis. and reduces it from n
money metal to commercial commodity,
nevertheless. it's repeal without the re-
storation of free coinage would stop the ex
pansion of our currency required by our growth
in population and business, widen still fur
Their the difference between the precious met
ais. thus making the return to bimetallism
more difficult greatly increase the purchasing
power Of gold, still further break down tn
price Of products of the farmer and the laborer,
the mechanic and the tradesman and plunge
still farther all the commerce. business and in
dustry into such depths of wretchedness as to
endanger the peace. order and the preserva-
tion of free institutions, We. therefore. in the
name of the republic. and of humanity.
protest against the repeal of the said
act of July Il. 1890, except by an act restoring
free bimetallic coinage it existed prior
to 1873. We suggest the maintenance of BIZ
a. the ratio of 16 to will increase
our commerce with all the silver-using coun-
tries of the world. without decreasing our COM
merce with those nations which buy our raw
and will sooner compel the adoption
OF bimetallism by the nations of Europe Ian
any other means.
T. We assert the unparalleled calamitie.
which now afflict the American people are no
we call attention to the fact that the same evil
conditions now prevail over all the gold
standard world. We convinced tNat
bad is the state OF affairs here, it would
have been still worse but for the Sherman
act, by which the nation has obtained to some
extent an expanding circulation to meet the
demands of a continent in process OF colonial
tfon and the business needs Of the most ener-
getic and Industrious race that has ever dwelt
on the earth. And we insist on the execution
of the laws without evasion so long as it is
upon the statute books, and on the purchase
of the full amount of silver each month that it
provides for. to the end that the monetary ad-
dition to the circulating medium shall be main
tanned.
For the consideration of the conven-
ton, but not as part of the platform.
the committee reported the following.
which was unanimously adopted:
The committee further recommend that this
convention Immediately appoint committee.
composed OF one member from each state and
territory to be selected by the respective dele
cations to act in conjunction with the Ameri-
gan National Bimetallic league jointly to de-
wise q plan and to provide ways and means for
impressing upon congress and the people the
impending perils from final demonstration of
silver and the adoption Of single gold stand
ard.
Our Truant Gold Coming Home-Milllons
Ahoat and Millions to Follow.
NEW YORK, Aug. S.-Heidelbach,
Ickleheimer & Co. are advised of an
other shipment of ss50,OOO gold, per
steamship Spree. making the total for
the month $2.620,000; and Lazard
Freres has secured $1,000 900 gold to be
shipped on the German steamer leav-