The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-10-05

when the tariff bill was pending IN the
Senate. Mr.. Lodge offered an amendment
mating duties shall be imposed on all
products or manufactures OF Great Britain
all articles in the free list until Great
Britain shall assent "a and take part In
United States for the coinage and use OF
silver"
1t will be found in the Congressional
cant from the fact that during the admin
troversy with Great Britain. the Demo-
"Fffty-four forty or fight" True. that
party then ANONYMOUSLY surrendered, as
ner OF ffty-four forty is in our hands. It
proclalms to England. TO her allies OF
country. sBlmetaIlism snail prevail" For
the Lodge amendment 10 the tariff bill the
Republicans Of the Senate voted. against IL
the Democratic majority. voted. and il was
defeated. In other words. the Republican
policy is 10 impose such large and dis
eliminating duties against mono-goid ma
lions as will exclude their products. and
trade only with the nations which will
unite with our government In a plan for
the coinage and use OF silver as well as
gold. both equally as money OF ultimate
redemption.
our government should call an interna-
tional conference OF the bimetallic and the
silver nations. leave England and the gold
nations out, adopt a double gold and silver
standard and make silver once more money
for them all. Under such an international
agreement the gold nations would De
crushed, a demand would be made for sill
mines would be opened. wheat and other
farm products would be restored TO former
prices, farms would recover their former
values and prosperity would once more
bless the land.
The Indiana Republican State convention
of April p, 1894, presided over by the SOL
dier-statesman Benjamin Harrison. adopt
ed a platform declaring:
we believe In currency composed OF gold.
fixed standard of value and entirely under
national control; and We favor the imposi-
ton OF increased tarfm duties upon the i'm
ports from all countries which oppose the
coinage OF silver upon a basis TO be de-
termined by an international congress for
such purpose"
8. 1884,, declared in its platform:
w favor bimetallism. We advo-
cate such a policy as will by discriminating
legislation, or otherwise. most speedily re-
metal"
The Michigan Republican convention in
July declared I'm favor of a restoration OF
silver Ito its historic position in the United
States as a money metal
This means business.
The policy of prohibitory discriminating
duties Will be effectuaL. The annual i'm
ports into the United States from the
United kingdom and its provinces exceed
szOc,O00,U0. A refusal on our part 10 take
their products would close a large share OF
her factories. would turn a multitude OF her
people out or employment, would bring
ruin TO a large share of sheep husbandry
In Australia In one year il would produce
a revolution. and England would be COM
PEELED to accept bimetallism.
OBJECTIONS ANSWERED.
1t may be said England would refuse to
buy our cotton. II so. We would manu-
facture all; her mills would nearly ali close.
for she could not obtain cotton supplies
elsewhere. England only buys American
oottou xvhoatr haaf on1 ,orlr ,-h,- -
c~essities require. If she would refuse to
buy of US our refusal to buy her manu-
features would build new factories here
that would make an ample home market
for all our farm products. England and
her colonies produce nothing with which We
cannot dispense: our industries were never
so prosperous as when the embargo during
the war OF 1917 shut out British products;
In due time we can produce all needed
wool-in the meantime we can buy of
South America. allied TO us by locality. in
situations and interests. We buy sugar and
from other countries; our tea and coffee
do not come from British countries. We
are master of the situation.
An international conference of the BIZ
metallic nations would be crowned with
success. This would make such a demand
value and secure bimetallism on a Just
ratio Free and unlimited coinage by the
| Gent demand for silver 70 materially i'm
prove its commercial value, but IL all the
bimetallic nations would respectively agree
to the coinage and use OF all sill
Yer mined in each, excluding that mined in
| the mono-gold nations. the commercial and
coinage value of silver would soon rise to
the parity OF gold on a Just and normal
ratio. or, rather, the value of the two
metals would meet on a just level. The in
creased demand for silver would increase
its value. With a larger use of silver the
demand for gold would be less, and would
meet silver on a common level. They would
meet on a level and part on the square
The United States could then Sc. the bali
in motion for discriminat ting and prohibit
tory duties; other bimetallic nations would
follow. The discriminating duties, by cut
ting off trade with the mono-gold nations.
would vastly enlarge our trade; the loss
Of the trade of gold nations would be more
than made up by that of the bimetaIlic ma
tons. Our Republic is not dependent on
any foreign nation for its existence. or for
IT is dishonorable and cowarily for our
Nation to permit the mono-gold nations TO
dictate our monetary system or prescribe
the terms on which our commerce shall he
carried on. We should say TO them. I've
are for honorable reciprocity. IL you will
take our silver and our gold. we will trade
with you on the same terms as the most
favored nations. If you persist in closing
tories" Why should we drain our country
of gold to enrich the conspirators who are
ssnnde ow snnssI 70 This con@ress To-
give the influence of it's high sanction 10
the only available scheme 10 secure uni
versai bimetallism- / trust il will not be
deemed egotism for me to say that on the
l4.h OF November, 1889. al Montgomery.
Ala. I there "set this ball in motion" in
the Farmers National Congress. Not one
voice was then raised nor one vote given
against il. Let us now and here snare the
browning glory of it's coming success Let
us inscribe upon our banners, -Fffty-four-
forty or fight" Let US demand the restora-
ton of silver TO it's place equally with gold
as money and fight IL out on that line Until
victory crowns our efforts.
RESOLUTIONS OF THE CONGRESS.
Much time of this afternoons session Of
the congress was taken up In discussing i'm
portant resolutions. The congress adopted
resolutions calling upon the President and
the United States Congress TO call an in
ternational convention OF all nations ready
to unite for the equal use of gold and sill
yer as full legal tender without discrimina-
ton. and censured the United States Con-
gress for repeating the Sherman act with
out making provision for the coinage OF
silver dollars. A resolution was also adopted
demanding that equal protection be gwen
to farm products with other industries in
all tariff legislation and that a committee
be appointed 10 confer with the commit
tees OF Congress to see the equal adju =
merit of such schedules. A resolution de-
manding protection to wool, cotton. hemp
and flax was laid on the table by a vote OF