The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1893-07-13
COLORADO'S ATTITUDE.
The Address Adopted by the Sill
yer Convention.
DANGERS OF A GOLD STANDARD.

u Urges the american System Of Free
Coinage of Gold and silver at the Amer
lean Ratio of 16 to l." and Denounoes
the British Money Power.
DENVER, July 13.--In marked contrast
with the fiery utterance in the silver con-
vention on Tuesday was the address
adopted. The report from the committee
on resolutions was in the form of an ap-
peal to the people of the United States,
asking their calm and candid cousidera-
tion Of the facts relating to silver mining,
and the attempt to demonetize silver The
address contains about 1900 words. The
history of the silver legislation of the past
twenty years is reviewed, and the address
continues;
"The enemies Of bimetallism--and they
now fairly number all those who oppose
free coinage for silver alike with gold as
/ h was before the demonetization of silver
| IN 1sI3-openly declare that they will be
content with nothing less than the uncon-
| ditional repeal of the silver purchasing
clause of the Sherman law. II is for that
that they struggle; it was TO secure IL that
the panic was created, and free coinage in
| India suspended.
Unconditional repeal. That means
striking from the laws the last remnant of
! legislation that secures coinage for silver.
It fixes the United States firmly in the
ranks of the single standard nations. 1t is
| the consummation of the conspiracy or
| ganized at the close Of the Franco Prussian
war to destroy as money ON ultimate re-
demption of half of the coined money of
the world, leaving the other half to bear
alone the vast amount of credit upon
which the worlds business is conducted,
inviting more frequent panics and render
ing them more destructive and enduring.
"The Sherman law is not the work OF
the silver producing states 1t was forced
upon the country against their will Their
constant demand has been that of the
west and south and of the working masses
of the whole country, They have not
sought to impose upon the country some
new financial nostrum, but have asked
simply for the restoration of the coinage
laws as they were from the first laws OF
the federal constitution until the furtivC
repeal of 1873.
"The Sherman law was the trick by
which that restoration was defeated. II
was accepted by bimetallists as a pledge
that the old laws should at some future
time he restored, and they now demand
not that the Sherman law shall be re
/ tained, but that the hostages shall be re
deemed by the re-enactment in it's stead
of the coinage laws under which the coun
try grew and prospered for more thar
quarters Of a century"
The charge that the bimetallists de
mand that sixty cents shall be made q dol
lar is denounced as lie.
Regarding the statements that Colorado
would repudiate her debts, the address
says:
I'VE of Colorado pride ourselves upoI
our commercial and financial integrity
No calamity ran induce us to repudiat
one dollar of an honest debt. All of on
assets are at the will of their creditors 70
their reimbursement"
In G osing, the address says:
Hopeful of speedy delivery from tn
crushing burden of financial system be
gotten Of the greed of Great Britain's re
morseless money power and the prosperit.
inseparable from an American system
which includes the free coinage of golt
and silver at the American ratio of 16 to !
we submit to the people of the Unitet
States this statement of our cause"
Delegates were chosen to the st. Loui
and Chicago conventions