The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-08-25
SILVER MEN GET A HEARING.
BRYAN OF NEBRASKA, STAR or TEE
hYENING IN COOPER UNION

This was the notice showered all over Ney
York city yesterday:
HEAR THE OTHER SIDEi
LOMBARD STREET. LONDON. AND WALL STREET
NEW YORK. HAVE SPOKEN
NOW COME AND LISTEN TO THE PLAIN AMERICA,
SIDE OF THE SILVER QUESTION.
As II WILL BE DISCUSSED THIS THURSDAY EVEN
ING AT COOPER UNION,
Tho placards were strewn In Wall street
throughout tho dry goods district. In all the
hotels, and far up town. Tackled on to the
placards was the announcement that am or 8
the speakers would be United States Senator
John W. Daniel OF Virginia and Congressman
Richard T. Bland OF Missouri.
Senator Daniel was sick and couldn't come
and Congressman Bland was too busy in the
House. An orderly meeting OF American citi-
Eens always suggests respectful considera-
ton, and no more orderly gathering than that
OF the silver men was ever held there, Inspec-
tor Williams and a platoon OF men were on
hand. but they might lust as we'll have been at
4 prayer meeting. There was a band which
played the Star spangled Banner" and
America" and Columbia" The speakers
we're not Cuyed uninterrupted to any percepti-
bic extent The audience filed the hall.
DIR. BOYD BEGINS IT.
Dr. John G. Boyd was made temporary
Chairman. and his speech was enthusiastically
received. He said:
In countries where tho people are either subjects
,es those who Assume to b. their lords and masters
aoyate TO themselves the function of decreeing what
material they shall use as money. The American peo-
pie neither subjects serfs thanks to the genius
and patriotism OF such illustrious bimetalsts as
Washington. Jefferson. Hamilton. jackson, Lincoln
.N,t.. rt.a
to whose wisdom and sacrifices we owe our liberties
and paraleled national prosperity. Cheers Every
American citizen is prince and a ruler and you
American sovereigns have met here tonight to ex-
press your will in regard to what materials
yosr circulating medium shall be composed Of.
You have come here tonight to reiterato J our
declarations of loyalty to the Constitution of your
country. and to notify foreign usursrs that they will
never be permitted to strike down the money of tho
Constitution Of the United States You hero to
proclaim your faith in the doctrine nculoated by tho
founders OF Government that Tho unit OF value
must stand both gold and silver" Cheers We
will tc-night send ahectonate greetings to our
brothers o: the south tho West and the North west
and assure them that We will ever stand shoulder to
American nnauci enumerated in BOTH the Democratic
iSnshs and Tor future L. ID. SsiehsGfi and
cry Of every honest and ndenendent American citizen
be: Free coinage Tor a Tree people lGreat cheers.
CHAIRMAN LACEY's REMARKS.
Richard Lacey was made permanent Chair
man. MIR. Laceywas an interesting figure at the
Fifth Avenue meeting. and remembered the
scenes there. lie said:
We have assembled tonight for the purpose OF being
addressed upon one oil the most important questions
ed Tor the consideration of the world You
S S" at; % be MY a
oS sns IF
ss s fa aSssTn %ns as in
STacss within its scope and e.ess he H I
ss 81 al sE.a hail Of s US Sre h Of
before this nagnincent audience shall have free
I "enss Hotep 'H' ""''' ""' 1'"'eU '' a. 'n' ruin
LIST OF yICE-PREsIDENTs READ.
The list Of lce-Presidents was then read as
banded out BY Henry Nichols. The Vice-Pres-
- Ex. senator John G. Boyd, James B. Colgate.
Gen. Thomas Ewing. Robert a; Chesebroug6.
Georges Turnene HsDry Acho Ja nssG
RR oSIl, TSSaddeus Wakeman the Hon
the Hon hiram Of cs 5qf9rs
John y. Drake. George O. Jones lat one time
Greenback eandidate for GOVERNOR Michael
Isaac az, [; Erbert, Jerome i; EDDY, Prot Edwin
Mr., Nichols explained to the reporters. be.
lore lore he read the list. that he hadn't any as
Stnes from That cf }hey Eoa G ps
him they were bimetallists, and that was
Mr.. Lacey appointed committee on resolu-
tions. and while they went out. and were back
u nys minutes Mr. Lacey iptrSdueed ex
George Washington Of the free coinage Of
silver Gen. Warner said. among other things:
SPEECH OF ANDREW J. WARNER.
"A distressfpl condition Of affairs admittedly
throughout nearly all the civilized world
There must be some general cause for cond-
United States ha IS the Sheridan fel Us law n
s ssy . t ShG t tbs US tAat The situation
United states little short Of $1,000 900. 900 Of
hank notes. Of this sum. over one U tho aat
I mlliop was In the pockets Of the people. In the
money in all thebusn ess transa ctions throusR h.
S Sv the country Five hundred millions. or a
little short Of that. was In the banks. held as
lions in the banks there was created a purely
credit currency. so to speak. in the form Of
millions Of dollars. taking all the banks Of the
i, These hE%res are taken from the report of
last, Adding these sums together. the thou.
s sa6 millions In the hands Of the people. the
-, OOO0OQ.OO0 Of pure credit currency in the
have s5.50oo0o.Cco Of money and credit as the
the business Of The United States was done ma'"
WITH that volume all transactions Of every
|
,nNoitlhg money were liqudated. A few
months ago 1t was given out that the country
would be afforded an object lesson, and ns II
ny concerted action: as II in accordance with a
previously arranged plan all the banks OF the
country began 70 tell their customers that |
,Ihey must retrench their business; accommo-
must be restricted until the Sherman |
INV s MHs reIeaIcd: that there was want Of
Alter while they were taken at their word,
ssnn BUSINESS was cnrtailed. Money began to |
~ tn1ilaWl' from the banks: the five hlindred
niii''onS neg as reserves began to be drawn
ppu', linen the credit based upon that must
~ ss, ar, II ono hundred million out OF
i hsn i've nnndred million was drawn from the
ahs, .'eh. in order that the same relation To
so ,Ses ana hank credits should be kent nm
Ia .Nousnnd millions of credit currency must
ne +, et,th.hGulshed. and It was extjnenisbed
mionrss nae situation now is this: The thousand
nora nr "'haIhs IN the hands ofthe people but
iye huI,dr naiGilve boarded. and part OF tho
,opLu uI p millions has been drawn from the
20, ,anss IoOaby one half Of he credit curIencV
ervs sJbm n OF necessity. II the entire re-,
oor ma "a been drawn from the banks. every
~ oat OF the credit currency must neccssarily
y, 70 Kun gushed-not that the banks are mot d
w. VIZ conducted and generally safe: there Ia \
No. ~ question about that | believe tbe hant J I
nE system OF the United states 10 la
. Ign more SECURE: the reserves ara nounH i
hhtter 'hhn are kept by the banks of EnpIanG. Y
IN IN assets are sufficient and amnia fnraii q
lie, owe rs q rnle-no doubt about that',mt +
~ ~ "a IN u Neritable currency famine md hon, u