Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-07-14

RnsrON. July "A special meeting o.
II. Ch.r,h.., ~ f,ommerca 70 which the
- $3.50. h.,S v.-ta,saav nj
puoaic wss ..a.
o'clock. There Was iArSo SseciN~e0'
an.nv NJ the most prominent Of Boston
s..-.. -, .r..- rr~sens
- "a .h.x -. r,a.,;ry
fresluent Aemoae S"AA sA~s '
Wns called BY the specaai f~Qucss u ete"s
-.rv ,nambera Of the CORPORATION, and
a. ~. ,,,,r,x,.e If ronsislering the
Wss Avn sas
diver question In its uEWriu& "to' s'''
nresent state Of business affairs
Adam Sns,arp offered the following reso-
'I~o"s. ~. ss.,. yu,v i. ism Of
wnerS NJ. 80 aSarnsr -, this country has
s.srss ,r;.s IN. uliey Of purchasing silver
hnilion' and As a result finds its treasury de-
pletcd By the withdrawal OF gold. and filled
with silver which il can neither circulate nor
sell, and which Is rapidly depreeia.'hs IN
value, the confidence on ,ne ha,ea anu ., " NJ, ="
va" h' va ... 49,,
W. "a s'. sSrass Wills m Ia ro,tcy continues.
no m an tells saf, in makiny contracts, invest
Ing capital, or undertaking new enterprises,
aud unless confidence can be restored. the
great disasters, depriying capitalists OF their
49, ..,, ,.n.,ss. =, .. IN. m.rest folly for his
.o"ntry with IL, enormous mai urai resources,
i,s unexampled credit, its annual income Of
thousands of millions. its magnificent crops,
which other nations must buy to live, its great
and thoroughly organized Industries anu
everything thaI can maSe f.u ms. " ~ y,
perous, 70 aiom VI. , Lss "
Tnar.sars RssoIYcd Tim, the Boston cham
ber M commerce. in public meeting assembled,
hereby earnestly calls upon congress, which
is soon to convene. for the immediate and IN
conditional repeal of the silver purchasing
clauses OF said act.
AFTER the resolutions n"u '.eu seN""">"
MI Speare spoke Tor snort time:
IL seemed ht.ie s,rahse, nc sa.''' '"a
country which ii''ie nio'e sn'u ~"
ago was Oh noou Tue vi Prospe.''s
should ind useii IN us present e"'o.e'ou
The course we are now PURSUING III ~
lation TO SILVER VIII ieao 10 e'Ii 'os"''s'
and, consequently, thal IS the re'son we
oiter these resolutions. 80,
Mr.. Speare reviewed tne SILVER ies's"|
ton since the iorma'ioh o' .he So'e,n
ment' ana sald tha' II .ne present uis
astrous policy was continued .he so'a
would all DC uri'eh GU. vi '"e oo''"''s'
views Of BANK rrese"''
ffesiueht W. W; ni"ioa'' Va vi. '""''n
Nationai oahk saiu th"t nc wo",' i"os
the placing OF au.y on All SILVER oro"sh'
uere iroiii ioieis" s"o.
lie would make dollar worth oi si'e,
redeemaaie IN ooiiars worth "i soiu
every time' ana was IN iavor Oh aoiis an
In our power 10 pro'ec. tne erea' SILVER
producing industry OF this iahu. IL GER
tainly must not oe allowed 10 ut.eriy ,a'i.
The speaker thoueht that Tfes'oeh.
Cleveland was an aole, consistent, honest
anu powerful hara-hohey man. anu ne nas
reiterateu III ."e P"s' =" "'5s '.'t' ne w
~. 90 -. u. y. -, .Si,,,ss 49,, -
- ~ :, snI a' ,., H., -, ,,a,,r.a,
stahu W nm anu sup n' ~ 1ne
t, =. =. -' - ,, ,,,,v
VIC PieH.h' .n"1, 80 -,
~ SCUM anu soi" - ~ "a 49, n
wh, me-, our pro.ious n'eiI "'o as;",,..
Ivy p'osouo
ueprecia'eu anu u ~,
uiaue US 'ne iaus "i"s s.N =. VIZ
inere Is "iuespio". 80
ness IN consequence, Du, 'nein - .e"s' nv
neeo ior paiic' anu Ino su,"s,on =. .ne
luestion may pe raon =, e"s''' anu q''e''S
oy Legislative action.
Collector Beard
was applauded when he arose to speak. lie
advocated in no uncertain terms the re-
peal of the purchasing clause of the Sner-
man silver bill
1--WE are seeing the results today" he
said. ''of trying to make silver the basis OF
the foundation of our currency system
He thought it was fortunate that the
country had at its head a sound money man