Waterbury evening Democrat., 1893-08-03
SILVER men GOING HOME
An Ironbound, No Compromise
Platform Adopted.
BIMETALLIsM THE ONLY CREED

Night Meetings Were Dismal Failures.
Delegates HurryIng Out of the City.
CHICAGO, Aug. 3-The silver men have
met, the silver orators have spoken at great
length and with much force, resolutions
expressing their views have been adopted
and they have adjourned. The closing
scenes of the convention were lively.
The report of the committee on resolu-
tions contained l 500 words. 1t stated that
bimetallism is as ancient as history; that
gold and silver were made the money basis
of the country by George Washington,
Thomas Jefferson. Endorsed by Abraham
Lincoln and Andrew Jackson and that sill /
yer was stricken down without any previ. /
GUS demand from any political party, in 3
measure through the efforts of the Euro /
pean moneyed classes.
The preamble continues as follows:
To supply the lack of currency the banks OF
the great cities have issued substitute fol- |
money unknown to the laws, called clearing |
house certificates. The movement OF the great |
crops now being gathered demands vast
amount of currency which the banks are IN
able to furnish, and in the midst of these con.
ditions the daily press is clamoring for the re
peal of the act of July IL 1870 called the Sher.
man act, although the repeal of that act means
the stoppage of the issue of more than S3,OOoON
OF money every month. thus shutting of the
supply of funds for the business of the country
in the midst of the terrible conditions which
surround and ignoring the fact that to hold
the balance level between the debtor and the
creditor classes the supply of currency must in
crease side by side with the increase of pOpula
ton and business, and in this nation the growth
of population is at the rate of about 80 per cent
every 10 years, while the increase of business is
much greater.
Therefore in view of all these facts, we de
clare: First. that there must be no compromise
Ill,
silver and restricting the coinage thereof must
be Immediately and completely repealed by an
act restoring the coinage OF the country to the
conditions established by the soundness Of the
nation. and which continued for over 50 years
without complaint from any part of our people.
Every hours delay in undoinG Me corrupt work
of Ernest Seyd and our foreign enemies is an
insult to the dignity of the American people,
crushing burden on their prosperity and at
tempt to place us again under the yoke from
which George Washington and his Compatriots
rescued us.
We protest against the financial policy Of the
United States being made dependent upon the
opinion or policies Of any foreign government
and assert the power OF this nation TO stand on
its own feet and legislate for itself upon all sub
jects.
Second-we assert that the only remedy fol
pure metallic financial troubles is 10 open the
minis Of the nation 10 gold and silver on equal
terms at the old ratio OF sixteen Of silver to one
OF gold.
They wound up by saying that the Sherman
law is not responsible for the present financial
| conditions in the United States.
A Crusading Committee.
For the consideration of the convention,
but not as part of the platform, the COM
mittee also reported the following, which
| was unanimously adopted:
The committee further recommend that this
| convention Immediately appoint committee.
i composed of one member from each state and
territory, TO be selected by the respective dele
cations, TO act in conjunction with the Amer
Il lean National Bimetallic league Jointly, to de-
L wise plan and to provide ways and means for
impressing upon congress and the people the
impending perils from the final decentralization
of silver and the adoption Of single gold stand.
| ard.
The platform was briefly explained bv
| Chairman Reagan. who then moved its
| adoption, but there was a loud protest
from the picturesque Carl Brown of Cali.
fornia. The California delegate objected
to the second clause of the resolutions
wherein he alleged the committee declared
gold and silver to be the basis of all mon.
ey. This met the unanimous approval OF
the Populists, and for moment ii seeme ed
that Mr.. Browns amendment would STOP
the convention.
After some spirited rejoinders Mr. Brown
withdrew his amendment, but Scott oil
Kansas demanded that Donuelly quote the
section of the constitution that declared
gold and silver to be the only basis Of
money Great confusion ensued many del
egates endeavoring TO howl Scott down
but that gentlem an was persistent Don
nelly quoted in justification of the inter
probation the restrictive section of the con
stitution, which prohibits any state from
making anything but gold ard silver lega
tender for the payment of debts.
The Platform Adopted.
Cyclone Davis of Texas finally proposed
l an amendment to the clause in question
, which was accepted as satisfactory to all
1t struck out Of the second clause of tn
| platform the word basis and inserted il
, lieu thereof the words standard of value.
Hon. a. J. Warner favored the amend
ment, and it was finally accepted by tn
: committee and unanimously adopted, t
. the great triumph of the original object
ors, Scott of Kansas and Brown of CalifoT
l MIA On motion of Mr.. Reagan the resC
t buttons were then adopted by reclamation
r On motion of Congressman Bryan o
Nebraska the address of Chairman Wa1
ner of the Bimetallic league, delivered OF
Monday, was adopted as the address of tn
convention to the American people.
n At the instance of Mr.. c. S. Thomas O
Colorado the convention extended a unant
nous vote of thanks to President THU
' man and other officers of the assembly
q Cyclone Davis of Texas got the floor Ion
. enough to read a dispatch in an evenin
paper stating that Secretary Carlisle ha
been in consultation with New York bank
8 ers on Wall street to see what they desire
done to meet the present crisis.
a Mr.. Davis offered resolution asking tn
secretary of the treasury to also receive
delegation from "the people" to hear wha
q | they thought should be done in the preseu
crisis. The resolution was adopted by
A | unanimous vote. intermingled with ex,
= crations of Secretary Carlisle for his ''b'
trayal of silver"
On motion of General Warner of Obi
the convention adjourned sine die.
There was a conglomeration of ideas.
scarcity of workingmen and conspicuou
absence of the silver congress leaders at ii
+ open air mass meeting, or rather meeting
"a | on the lake front at night.
ii There were plenty of speakers, but the
did not confine themselves to the monetar
question. Some of them were Populis
| and single a advocates and they hrOr1 oil