The Coconino weekly sun., 1893-10-12
FREE SILVER.
Close of the Convention at St. Louis-The
 ResOlutlnns Adonted.

tee on resolutions presented supple
 mental report unfavorably passing up-
 on a proposition by Thomas W. Harren
 to take action looking to indorsement
 Of the removal of the national capitol
 further west; also favoring the print
 ing and circulation of the address by
 Walter N. Allen, of Kansas, upon the
 exception clause" of the silver law.
 The report was adopted without dis
 sent.
 The question then came upon the
 adoption of the report of the committee
 on resolutions. Delegate Waterbury,
 of Kansas, moved an amendment to the
 report by the addition of a proposition
 presented by II. NJ. Taylor, of Mexico,
 favoring the increase of the volume of
 currency by the issue of legal tender notes secured by land values. Delegate Cochrane, of Missouri, op- | posed the motion, and to any and all efforts to say or do anything in this
 convention upon the money question
 other than fully and entirely indorse
 the free coinage of silver.
 Mir. II. M. Taylor, of Mexico replied
 in defense of his proposition urging | that money based upon such security
 was as safe as the money based upon
 the honor of our government, as are the s346, ,000, 900 greenbacks.
 Delegate Waterbury, upon text of
 s571 per capita, public and private debt, | pleaded for an increase of the volume of currency with which to meet it by
 the means proposed in the minority | report.
 For the majority of the committee on resolutions, toy. Tillman, of South
 Carolina, spoke briefly.
 After further debate the minority re- port was withdrawn, the ma ajority res port adopted and the convention ad- | journed.
 THE RESOLUTIONS. Whereas, The producing, manufact uring, mercantile, financial, transportation and other | business interests of the United States are paralyzed by patent and universally confessed
 lack Of sufficient actual money to meet the re- | quirements of legitimate trade; and. Whereas, We believe in giving full and equal | legal tender power to every dollar bearing the | starnp Of the government which alone gives a 1 money value: and,
 Whereas, The gold and silver produced in the
 mines of the United States are necessary for 1 the requirements of the country for coin, it is
 essential that congress take such action rela- tive to the coinage Of the two money metals, as
 will restore silver to the position held in lS7J l and
 Whereas, The present deplorable condition | Of the producing and all other industrial and
 commercial interests is the legitimate fruit of | a vicious financial system, established by and | maintained in the interests of a plutocracy which thrantpna nrr IhertinQ. Whereas, United action is necessary between l the parties to any common interests to secure l import ant and lasting results; and, | Whereas, By geographical position, diversi- ! ty Of God given agricultural industrial and | other natural capabilities and resources, the western and southern states and territories of | the United States are happily fitted for mu. | tual intercourse and dependence, responding | alike to the same benefcent or detrimental in- i fuences and effects, whether legislative, finan | cal or commercial, it is the sense of this con- vention that in view of these facts and of the continued fragrant disregard of the vi- ] tai interests ot the great producing states | by the dominant influences in national centers, financial and political, that closer alliance between the inhabitants of the west and south is imperatively 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 cannot enjoy prosperity while the south nd west are depressed and are not provided with the money with which to purchase the product Of their factories and we declare that in all material matters which affect the general
 prosperity of our country, the several states are and must of necessity be inter-dependent; and.
 Whereas, The coinage of silver upon the ba- sis herein demanded has repeatedly been in ,rfsa aI ,.,As dad l.,a ,l, upbuding Of trade relation of incaculable magnitude between rhe United States and our sister republics of North and South America. 1t is, therefore,
 Resolved, That we demand the free and un- limited coinage of silver at the established ratio of l6 to l, giving to such coin equal legal tender powers with gold.
 Second-That we are unalterably opposed to the repeal of the so-called sherman law, ex- cept by the passage of law providing for the free and unlimited coinage of silver at the es. tablished ratio of IS toL
 Third-That our representatives in congress instruct the chief executive to issue call for an early convention of all nations interes ted in and favorable to the free coinage of silver at the ratio of l6 to for the purpose of establish. ing closer commercial and financial relations with them
 Fourth-That the total amount of gold now in existence or capable Of production under the stimulus of iis increased value is totally made Quate to supply the demands Of the world for money, and the adoption of the single gold standard will result in universal bankruptcy and ruin, and we declare that such on the part of our government would be fragrant viola. tion of the constitution of the United States, in that 1t would impair all existing contracts and double the obligations of all debtors, and we declare 1t to be the duty of all patriotic citizens 10 resist in the courts and at the ballot box, its adoption and enforcement, if adopted.
 Fifth-That we are opposed to the further issue of government bonds, and declare that the real purpose of the proposed issue of bonds is the perpetuation of the national banking system, to which we are unalterably opposed, for the reason that it enables few selfish in- dividuals at their pleasure to contract or ex. pand the volume of the currency to the great injury of the masses; and we demand a finau- cial system which will prevent the congestion of money in the financial center of the east
 Sixth That we urge the speedy improvement by the national government of all the great waterways, and particularly those which drain the vast agricultural region of the south and west. and we invite the active cooperation of the great mercantile interests in securing the creation of more direct routes to the ocean, in order that our products may reach the markets of the world at a minimum cost
 Seventh-That we send greetings to the rep resentatives and senators in congress who have are contending for the rights and interests of m pntNln hn n1n fnd hafa "a thn fhnp