The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-11-29

homa, New Mexico and Arizona as
states; deploring the present condition
of affairs in the Indian Territory and
favoring the adjustment OF the Indian
government for state control; favoring
the construction of deep water chan
mel of not less than twenty-one feet in
! depth to connect the great lakes with
the Atlantic ocean by way of the St.
\ Lawrence, also by way of the Hudson
river, and the construction Of canals
connecting Lake Superior with the Mis-
sissippi river and Lake Erie with the
Ohio river; favoring the establishment
OF an International commission to de-
ternine the method of constructing and
maintenance of water ways of an in
ternational character; and the estab
lishnent of an international court to
near and determine, under rules of law,
all questions arising between the gov
ernments of the United States, Great
Britain, Mexico and Canada, both of
which to be established by joint action
of the governments; favoring the appro-
priation of sufficient money to increase
the depth of water in the harbor of Dr-
luth to, twenty feet and recommending
the use of American coal and other
products in the United States navy.
At this juncture the chairman OF the
committee on resolutions, Hon. w j.
Bryan, of Nebraska, presented the ma
jority report of the committee on res
olutionS, as follows:
Resolved first, That in direct opposi-
| ton to plan known as the Baltimore
plan, the sense of this convention is
that all issues of paper money should
! be by the general government.
/ Second. That its is the sense of this
convention that the pending PROPOSE
ton for a reformation of our paper
currency is one that in our Judgment
would create additional and perhaps
insurmountable difficulties to the re-
turn to bimetallism, and that we are
opposed to the same
| Third Resolved. That in any curren-
! cy reform acted upon We demand that
constituent part thereof shall be the
reconciliation of silver, Or that it shall
be of such a character as to be no i'm
pediment to our return to bimetallism
! as it existed prior to 1873.
! Whereas An approaching money
standard impairs all contracts, bank
rupts enterprises. makes money profit
able by increasing its purchasing pow
er, and suspends productive forces of
our people; and
Whereas, The spoilation consequent
upon the outlawry of silver in the in
terest of the credit class. by constant
| ~ increasing the value of gold is I'M
! Therefore, we demand the immediate
restoration to free and unlimited coin
age of gold and silver at the present
ratio OF Is to /, without waiting for
the aid or consent OF any other nation
on earth.
! A minority report signed by E. o.
Standard (MissourD; S. +. Smith and
/ b. E. Linehan Qowa); Lewis Hancock
and E. A. Marshall {Texas}; A. l..
/ Black ana d. E. Duryea Washington;
{ b. w. Richardson (Nebraska), and
Thomas Sharf (Minnesota) was then
presented by Governor Standard, who
| Immediately opened the debate with
ten minute address in behalf of his re-
port. The text of the report is:
Resolved. That we favor the use Of
silver in the coinage of this country to
| the fullest extent consistent with the
maintenance of our present standard,
and that we cordially approve the eff
forts of the government of the United
States 10 secure the cooperation of
other nations in q more extended use
of silver in international commerce up
on such ratio Of value with gold as may
be found expedient and effective and
susceptible of being definitely main
tanned; but we depreciate the agitation
for the free coinage Of silver by this
country as a menace to the SoundnesS
of our currency and injurious to public
welfare.
In his address, opening the debate,
Governor Standard pleaded for the pro-
lection of the country from a depreciat-
ed currency as urged by the majority.
He knew, he said, there was little
chance Of changing minds that had
come here already made up and there
fore he could only put himself and his
associates on record as believing 1t was
bad policy TO recommend to Congress
q policy that would bring into use
deprecated currency.
Delegate W. j. Bryan, of th9 major
ity, yielded a portion of his time to
Delegate Johnson, of Colorado, and
Goodwin, of Utah, the latter editor of
the Salt Lake Tribune, who briefly de-
clared what they believed were the
unanimous wishes Of their constituents.
Delegate Hancock, Of Texas. spoke
for the minority report, being followed
by General Weaver, of Iowa, whose re-
marks were devoted to a review and
comparison Of the circulation Of 1860-65
and the present time as indicating
need of a greater per capita circulation.
Delegate Black, of Washington, de-
clared for free coinage.
Delegate Leighton pronounced the
resolution of the majority but an en-
dorsement of silver nono-metallism.
Congressman Bryan then closed the
debate with plea for the Independent
action of the west in favor of an hon
est money.
A vote was then taken on the suosti-
tuition of the minority for the majority
report and it was lost-21311a to 771a.
The question then REQUIRED on the
adoption of the majority report. A
division on the question was demanded
and the currency portion was adopted
by viva voce vote.
The silver coinage portion was voted
on by state roll call and was adopted
by a vote of 2141s to 671z.
The chairman of the executive COM
mittee then reported plan for a per-
manent organization providing for a
full set of officers as at present, In
Guiding a vice-preSident and two mem
bers of the executive committee from
each state, and annual meetings at a
place to be selected by the preceding
congress.
In addition, a. treasurer is provided
for and annual dues of $40 from the
first delegate from each business Or
ganization and S. for each additional
also an annual payment of So by each
delegate appointed by a governor,
mayor or county executive.
The basis of representation is fixed
at ten delegates for each state, one for
each city, with one additional for each
5000 of population, the total not to ex-
coed ten; one for each business organ
ization, with one additional for each |
so mem oers, not to exceed a total of
ten, and one delegate for each county, |
each delegate present to have one vote. |
With an amendment providing that no
state shall. have greater voting power
than 80, the report was Immediately
adopted. The funds raised by the dues
are to be used for the expenses of the |
congress and for presenting the recon- |
nlendations OF the congress to the fed |