The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-12-05

tional and insurmountable difficulties to
the return Of bimetailism, and that we are
opposed to the same.
80. That in any currency reform acted
upon we demand that a constituent part
thereof shall, be the demonstration of sill
yer or that it shall be of such character
as to be no impeachment tn our return TO
bimetallism as II existed prior to 1873.
Whereas, An approaching money stand
ard impairs all contracts, bankrupts enter
prise, makes Idle money profitable by in
creasing its purchasing power and sus-
Ponds productive forces of our people, and
Whereas, The spo.iation consequent
upon the outlawry of silver In the interest
Of the creditor class by constantly increas-
ing the value of god is undermining al
industrial society.
Therefore. We demand the immediate
restoration of the free and unlimited coin
age of god and silver at the present ratio
Of 16 to l without waiting for the aid or
consent Of any other nation on earth"
A minority report was then presented by
Governor Stanard, who Immediately opened
the debate with a fifteen-minute address IN
behalf Of his report. The text Of the re-
port is:
Resolved. That we favor the use Of ST.
yer in the coinage Of this country to the
fullest extent consistent with the main
tenauce of our present standard and that
we cordially approve the efforts Of the
government of the United States to Sc
cure the cooperation of other nations in
a more extended use of silver in interna-
tional commerce upon such ratio of value
with gold as may be found expedient and
susceptible Of being definitely maintained,
but we deprecate the agitation for the free
coinage OF silver by this country as men
ace to the soundness Of our currency and
injurious to the pubic welfare"
Delegate Hancock Of Texas spoke for the
minority report, being followed by Gen.
Weaver of Iowa. who advocated a greater
per capita circulation.
Congressman Bryan then closed the de-
bate with a pea for the Independent ac-
ton Of the West in favor Of an honest
money.
A vote was then taken on the substitu-
ton of the minority for the majority re-
port and it was lost, 213 10 II. The divi-
sion then required on the adoption of the
majority report and the currency portion
was adopted by a viva voce vote. The
silver coinage portion was voted on by
state ro.-call and was adopted by vote
Of pa to 81.
Among the resolutions adopted were the
following:
Resolved. That the transmississippi
commercial congress respectfully and urg-
entity requests legislative action on behalf
Of the prompt construction of the Nicara-
qua canal under the contro, and supervis-
ion of the government of the United
States.
Resolved. That the congress Of the
United States be requested to investigate
the alleged discrimination against American
railways. American transpacific steam
ships and American coast cities by the
privilege given to the United States con-
suls outside of the United States to pass
goods to the points of destination without
appraisement or inspection.
Resolved. That this convention recon-
mend the encouragement by congress of
more extended trade relations with the
West Indies and the republics OF South
Amerca, ir so far as such relations can
be extended by friendly legislation.