New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-05
PLEADING SILvER'S CAUSE.
AN ADDRESS TO THE COUNTRY ISSUED.


REPEAL DENOUNCED. EXECUTIVE DIcTATloN
AND THE GOLD oIIGARCHY' CONDEMNED,
AND CITIZENS URGED TO RISE
IN THEIR MIGHT"
Washington Nov Am address to the people
Of the United States in the interest OF the free
coinage Of silver has been issued by n NUMBER OF
Senators and Representatives who took part IN 'he
discussion Of the bill repeating the purchase clause
of the Sherman act. The address is signed by SEN
ators PETER. Jones, Stewart. Kyle and Allen anu
by Representatives Davis. Baker. Boon. Bell 'oi
Colorado), Harris. Hudson. Simpson, Pence Ken
and McKeighan. Following is the address In part
10 the People Of the United States
The conflict Of the money powers battling for gola
oirsrchy and the struggling for CONSTITUTIONS
liberty and irreprcssibe War and enter
prise anticipated future production for the pese's
Of our aud the development OF our resources
Tho worlds accumulation Of god and silver formed 'he
basis Of the volume available to pay time con"o
The debts of the world exceed elooVoocoooo
Less than Is 900 900 900 OF gold and silver constitute"
the available fund for the ultimate payment OF deo's.
These obligations might have been dischars.o
without the destruction Of industries II the available
coin for final payment with It's annual increase io
the mines, had remained undminished
The reduction Of standard money to gold alone means
continuous contraction the volume OF money. Inc
struggle for gold shaking the foundation Oh every
financial system IN the world Inc increased oe"u i
cold since silver demonetzed has already enhaiceu
the value Of that metal from 40 TO so per cent Inc
increase population and business VIII continue 10
augment the demand but the supply must remhin s'a'
tonary decline Rude nature has never yleioea 40
excessive supply Of either gold or silver, when both
ware used There never was too much coin for use as
repeal Of the purchasing clause Of the Sherman act
destroys silver money Of ultimate redemption and re-
duces credit to float only bv edemp
ton I'm gold The sl,l00.00o,000 Of paper and silver
now circulation must rest upon less than sOoOooooo
OF gold In the Treasury available for redemptlol Inc
only for demoneuzng silver was To enhance me
value OF gold and obligations payable In money II Is
further proposed to bonds OF the United States and
tuy gold ghen the reserves in the Treasury Ma
tona the bonds for banking purposes ana
issue notes, upon which the people must pay H.
terest as well as bonds The banks will continue
to usurp the power OF the Government 10 issue money
together with the power to expand and contract the vol
ume OF circulation aid the speculatons OF gamblers
In other peoples property.
For twenty years political parties have condemned
the great wrong OF 1873 which demonetzed silver, and
promis, d when in power restore bnetaism In 1892
the Democratic party came into power Oh the solemn
pledge 70 use both gold and silver without dis
elimination against either metal On every vote taken
in either house OF Congressman they frequently
taken-a majority Democratic members in both houses
have voted for the free and unlimited coinage OF silver
On the OF July. 1892 after 10th Presidential cand
dates nominated and their platforms promulgated
the Senate passed ecoinaee bill by almost unan
imous Of the Democratic members. The platform ana
this vote with all their previous votes CON-
m'tcd the Democratic party before the election 70 e
free Unlimited coinage OF silver, and contributed
greatly to the that in the election.
WHAT THE SHERMAN ACT HAS DONE.
The Sherman act had furnished the country about
$50 600 and contributed largely
TO general prosperity but IL intcrfered with the h es-
OF the gold standard and the appreciation OF
gold coin 1t was the only law that obstructed the
uof The origin
of onehaf OF the worlds metallic The specu-
lators and the London and New-York bankers knew
from experience that nothing short OF nnancia panic
would stampede Congress. The bankers refused ue
business community ordinary accommodations inc Sec
rotary Of the Treasury of the supply OF new money
Furnished BY the Sherman act by refusing TO purchase
slver as that required; Gadstones administrator
expectnp that our Government would stop buying silver
law or no law suspended the coinage OF silver IN iu"
and tho panic became general The President issued
call for an extra session OF Congress- In wh'ch ne aio
ued the panic, which he himself had aied 10 ere"'e
a. she Sherman act When Congress met the House oil
Representatives was stampeded like HOOK OF sneep
The power Of money and patronage converted an aesco
majority Of twothirds in favor Of the free coinage OF
silver into majority Of two-thrds In feNof Oh inc s"0
standard.
REVIEWING THE SENATE STRUGGLE.
,,., d, .ho sonate lasted more than months,
ma until me gold power and Federal patronage couo III
duce majority of that body to submit " eNcou'Ne
dictation The gold press In every commercial 'e''
wifi N'
,urchasabe defenders Of the people Banks boards OF
t,,de and the commercial press demanded vote whou'
nebate The power Of money was felt on every manu-
Intimidation and threats Of personal violence io'deo .i
malls OF SENATOR Unusual and cruel hours were fesor'eu
10 TO exhaust the advocates of silver ana ueP'i'o '
., u,,,v Of spreading upon the record their reasons
why the peole should be robbed for the dement, oi
the The advocates OF Tree coinase "'
compelled to submit to the hard conditions puO theS
n,.ced in the archives o. Nation an exhaustive oeoae
srhnm q
put the decree of the gold trust Issued by The ENecu
tive was finally recorded and the gold staidard aoopu'
II thai decree cannot be reversed sod ohercN l.
o,nou,lv cuthroncd and the people must under con-
t,r., contraction and falling prices sink Into want anu
,n.crv II constitutional government is to De rees,ao-
lshed II the independence Of the coordinate departments
of the Government Is 10 be respected IL 'us"oe o'"'
s,o, and creditor is to be restored in the land there
49,. J., No DELAY The elections In 1894 and ls?0 VIII
,,,o ,,a oposop whether this government OF caste
or a government people; whether god shi pe Aie
and the people subjects or whether u'e so'e'''7 ~
OF the people shall be exercised under CONSTITUTIONAL '
tions as provided by the fathers OF the Rep'o'o'
FINAL APPEAL TO TIE COUNTRY
We .ppeal TO all good citizens to study the money
sanction which involves everything affecting the happiness
And DEVELOPMENT OF the human race DO not Imagine '''
The question difficult for solution go NOV ao" "e
cunning of the money TO rob you oil your properly
and your liberty without protest at the pos' Ius' o
man who has betrayed YOU Put no iaith IN any
pres,dent who assumes dctatorial power. DO not be
everawed or ntimdaed by Wall Str ct and the power OF
the National banks When the people rise in their might,
tntr que cunning usurpation bribery ana corruption WI"
,.S,sh efor them When they demand justice and e4ua
rights their demand must be obeyed. When they De
mand the restoration OF gold and sivcthc money oil th'
Cn,stitution-thcr demands cannot be defe when they
demand a volume OF legaltender mony issued by The
Government witch will keep pace with population ana
maintain stability Of prices their demand VIII become Ia"
MR. PAYNE ON THE TARIFF BILL
nun .,r.prNES SHOWED THE GOOD EFFECTS OF