Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1894-08-23
STARTLING FIGURES.
Organized Labor Deals in Facts In
Demanding Free Coinage
of Silver.

Washington, Aug. 23.-The resolutions
for the free coinage of silver, which Rep
resentative Hartman, of Montana, pre-
sented in the house on Tuesday, are re-
garded by the free silver advocates as one
OF the most significant expressions in
favor of their doctrine which has been
ELECTED by the agitation of the past year.
The resolutions have been considered and
adopted during the present session by
the most powerful labor organizations of
the country; are strongly worded and are
signed by the chief officers of the various
unions.
THE sIGNERs ARE:
j. W. Sovereign, grand master work
man, and John W. Hayes, secretary and
treasurer of the Knights of Labor;
Samuel Gompers, president of the Amer
lean Federation of Labor; Marion Butler,
president of the National Farmers Alli-
ance; Henry Fl. renor, president, and P.
j. McGuire, secretary of the Brotherhood
of Carpenters and Joiners; p. M. Arthur,
chief of the Brotherhood of Locomotive
Engineers G. A. RoIison, president of
the Farmers Mutual Benefit association; !;
Frank Sargent, grand master workman,
ana L. w. Arnold, secretary and treasurer
OF the Brotherhood of Locomotive Fire
men, and John Mcbride, president of the
United Mine Workers of America. Ac-
companying the resolutions is an ad-
dress "To the members of organized
labor and all other producers and toilers
throughout the United States" which led
to their adoption. The address declares
"that in view of the general distress at a
tlme when granaries are full and in the
natural order of things producers and
toilers should be enjoying the fruits of
their labors, it seems that the time has
come
FOB UNITED ACTION
on the part of those who create the
wealth of the country"
One of the causes which has brought
about this condition, the address says, is
the departure from the wise himetallio
financial principle of Washington, Jeffer-
son and Hamilton and the substitution of
the monometallic policy dictated by the
European money holders and their Amer
lean allies.
A review of financial legislation is given
to show what part was enacted in the
interest of the producing and what of the
producing classes. The proposition
is set forth that before the demonetza-
tion of silver $500 bushels of wheat, or
$4,000 pounds of cotton, equaled the an
nual pay of senator or congressman,
while to day 10000 bushels of wheat or
100000 pounds of cotton barely suffice;
that formerly $4,000 bushels of wheat o?
100000 pounds of cotton would have paid
the salary of the president, while to-day
he receives the equivalent of 100000
bushels of wheat or 100000 pounds of
cotton, and the same proportion applies
to all other fixed salaries and incomes.
Decentralization of the food producing
sections is said to have caused the manu-
facturers to lose the market for their
goods so that hundreds of thousands of
workmen have been thrown out of en-
ployment and
THE DENOMINATION
of half the worlds volume of money to
make it paratively easy for capital
lists to corner and manipulate the other
ltdils LII GHO IOfltW VI uuHuClal l6g1SlH-
tion it is charged that all acts since the
civil war have been in the interest of the
bond holders and against the producers,
and the Sherman law is said to have been
repealed at the demand of European fl
nanciers, although grand fight was
made by the peoples representatives.
The resolutions are as follows:
'We demand of the present congress
the immediate return to the money of the
constitution as established by our faith
ers, by restoring the free and unlimited
coinage of silver at ratio of l6 to l, the
coins of both metals to be equally full
legal tender for all debts, public and
private, as before the fraudulent demone-
tization of silver in 1873.
"We also condemn the increase of the
national debt in the time of peace, and
the use of interest-bearing bonds at any
TINA y