The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-07-16
NEVADA SILVER MEN.
Rousing Convention Held at Reno
Resolutions Adopted.

Rousing Convention Held at Reno
Resolutions Adopted.
RENO, New, July ia mass meeting
was held here tonight and vigorous
speeches made by Hon. T. G. Newlands,
Nevada's congressman, and others.
Resolutions were adopted amid great en-
thusiasm which after giving lengthy
review of the financial situation for a
number of years past declared LESS
than one hundred millions Of gold have
gone out of the country within the
past six months, and behold the
tary stringency. Ii the withdrawal
|of less than hundred million gold has
so seriously affected values. how will the
destruction of the money of four
thousand millions of silver af-
feet the value of products and
communities with which the debtors of
nations as well as individuals pay debt,
if we TINS place ourselves within control
of the British gold trust and subject our
selves to its bounty for all we use.
If we bind ourselves to respond to their
calls for gold when caprice or disaster in
some one of the numerous English de-
tendencies respond to The call for her
gold what will oar condition
be, then? Remember that England
owns the accumulations OF the gold
of the world and has loaned it out to other
nations upon gold bearing bonds. We
can get no gold except from England. Is
| it wise to subject us TO the disastrous eff
| fects of every financial storm which may
occur in any one of England's dependen-
! cies?
The resolutions continue: "All gold
now in America is England's gold loaned
| to the United States and which she can
call away at any time by the sale OF
| American securities, as she has done
twice within the past three years. Re-
member that England has corner on the
accumulated gold of the ages. The an :
nual product of gold from the mines does
not affect this corner, as it is constantly
diminishing and is only sufficient to meet
| the demands of dentistry and the arts.
| Remember that America is the largest
owner of silver in the world. She has d
vast accumulation in the vaults repre-
scented in circulation by silver certificates
and treasury notes. If England owned
all the wheat and America the oats would
| it be wise in America to pass laws pre-
venting the use of oats.
| We disclaim any intention of appealing
to any inherited prejudice against England
| or her policy. England knows her own
interest and sustains it by legislation.
| America apparently does not know hel
own interest or if she does, fails to sus.
tain it.
| We call the attention of eastern money
centres to the fact that they themselves
are interested in the industrial aspect OF
this question. The east has more money
invested in the mining region than the
western people have. Do owners
of the Northern Pacific, Contra
Pacific, Atchison, Topeka and Santa
Fe, Denver & Rio Grande, Midland
Union Pacific, Oregon Short Line ano
Great Northern realize that silver mining
is at the bottom of most OF the industry
in the six states and three territories
upon which they rely for business? Dc
they realize the vast amount of east.
by the destruction of silver mining an6
the industries allied to it. Imagination
fails to picture the disaster which viii
come from an overthrow of silver mining
and the industries allied to it. What the
coal and iron mines are to Penna, wha
the manufacture of textile fabrics is tt
Massachusetts, what the raising of cottor
means to the south, what the raising o
wheat means to the fertile valley of the
Mississippi, silver mining means to si1
states and three territories constitutins
one third of the area of the Union.
We appeal to the people of the east ant
south not to yield to the scare which ha
been created designedly by the gold trust
with view to stampeding the friends O
lsilver. We appeal to them to insist upol
Legislation which will Tree this nation
from financial dependence upon England
which will secure to US legislation Great
ing a financial system of its own; tina
will us bring in harmony with the debto
nations and the silver using nations an
make the United States the money cente
of the world.