Arizona republican., 1894-11-28
FREE COINAGE. White Metal in the St.
 Louis Congress. Disposition to Do NOth-
 ing About 1t. An UnwiIIingness to Commit
 the Body to Silver.
The Chief Opposition Lies in Those Who Favor Only Interna-
 tional Free Coinage.

By the Associated Press.
 ST. LOUIS, Nov. 27 7,-Developments of the second days session of the Trans Mississippi congress have not been without interest for advocates of free coinage of silver who have been anx- ious to secure definite expressions from congress in favor of the white metal.
 Not alone have minor features such as warm applause when free coinage was mentioned, been encouraging but the organization of the committee on reso- lutions with Congressman ". J. Bryan of Nebraska, as chairman, and E. A. Marshall of Texas, as secretary, have been highly delighting.
 Nevertheless there is as yet no cer- tainty that the matter will go beyond this. In the convention there is strong element in favor of interna. tional free coinage only and opposed to any xpressioniwhatever upon the sub ject by the congress. Whether bi- metallists will be strong enough to overcome both these elements cannot be told yet. There is certainty that the main struggle will be on this DOT tlon of the resolution committees re- port and the battle will not be brief one.
 At the opening of the afternoon ses- sion which was delayed until nearly 8 o'clock, Congressman-elect Shafroth of Colorado, was invited to address the delegates on the silver question. MT. Shaf-oth openeG his remarks with a theoretical discussion of the effects of the complete demonstration of silver and the consequent compelling of any one metal, gold for instance, to transact the business of the country or of the world.
 He touched upon the annual produc- tion of gold and arguing upon statisti- cal assertion that more than 75 per cent of that production goes into the arts, and that the remaining 25 per cent was equal to but 1 per cent of the aggregate money supply of the world, while the increase of demand in trade was six times in excess of that percentage. There was but one course to follow to supply trade with its necessary medium of exchange, viz. the free coinage of silver. Following this he reviewed the positions of the various governments of the world with relation to gold and the increase in the number of nations relying entirely up on the yellow metal as basis of circu- lation. asking if it were not reasonable that with the necessarily appreciated value silver should be used to meet the ever growing demand for exchange. He opposed with all his might any proposal for limited use of silver for anything short of free coinage. Under the financial system now existing it meant simply the redemption ulti, mately of that silver with gold, thereby again approaching the value of the latter metal. Gold, and silver, he claimed, under unrestricted con ditions, were automatically regu' lative of each other and, more over, facts showed that the pro duction of silver. though annually larger than that of gold, yet if relative comparison were made of totals il would show at the end of the year that there was less than one per cent greater increase, 38 100 of one per .cent, to speak correctly. What danger was there in that?
 At the close of MT. Shafroth's s remarks new series of resolutions were intro duced and referred to the committee on resolutions without debate. Among them were those opposing by the Seat tie chamber of commerce, the adoption by the congress of any resolution de- manding the free coinage of silver favoring the early construction of the Nicarauga canal, opposing the so-called Olney plan with regard to the Pacific railroad debts and favoring the fore closure of the government mortgage, restoring to the people the system of the initiative and the referendum, favoring the withdrawal of all existing circulating mediums and the substitu. tion therefor an issue of full legal ten per treasury notes to the amount of $5C per capita, favoring the creation of a cabinet office to be known as the de. partment of trade and commerce, and numerous others of minor character.