Arizona weekly citizen. [volume] (Tucson, Ariz) 1880-1901, 1894-07-07
THE REPUBLICANS AND SILVER.

The results of the national republican
league convention which is now In ses-
sion in Denver, Colorado, on the silver
issue ought to set at rest, once and for
ever. the blatant cry that the republican
party was opposed to the free coinage
of silver. The convention was repres-
entation of the principles of the party
and Of the country, and in the coming
= campaign commits the party to its un-
divided support of the white metal.
At the rear OF the stage we're portraits
of Lincoln and Grant, between which
was an immense representation OF the
silver dollar, the sight of which provoked
the widest enthusiasm.
During the course of the second days
proceedings, Ex-Governor Prince Of New
Mexico, offered the following resolution,
which was unanimously adopted:
RESOLVED, That the national repub-
licsn league is in favor of Psn-Ameri-
can conference of all nations Of the
western hemisphere to agree on bi-
metallic monetary system which will
bring renewed prosperity to the world
and arrest the present constant decrease
in the value of money under the cum
nIngiy devised single stand8td which is
crushing the life out OF all the people
except the bondholders of England, who
with their ten thouaRnd million dollars
OF foreign securities know no financial
principle, but the intense self confidence
of the shylock.
Among the several letters read was
one from Senator Don Cameron. He
said, in part:
The single gold standard seems to us |
to be working ruin with violence that /
nothing can stand. Ii the influence |
con tinues for the future at the rate it /
has during the last twenty years since |
the gold standard took possession OF the |
world, some generation not very remote, |
will see in this broad continent of Amer |
lea only half dozen oyergrown cities,
keeping guard over the mass of capital, |
lending it out to population OF depend |
ent lsborers, on mortgages on their |
growing crops and unfinished handi- /
work. A vast majority in ali parties /
agree that the single gold standard has
been, is and must be material disaster /
OF tie worst kind, and the whole world /
eympathises with US. Nine tenths of
mRnkiod are hostile to the single gold /
standard. Our 100000 people are un-
snImous against it. Most of the great /
European countries are against it. |
South America regrets it. The whole /
of Asia knows only silver ana 1noia,
which contains five sixths OF the sub |
iects OF the British crown, are hostile, /
yet London bankers say we must sub
NIT and we have submitted. England /
holds us by the single gold standard, by |
force of her capital alone, more despotic- /
ally than she could hold US to her en-
pire in 1776.
Had all the despotic governments
that existed in thousand years unit
ed their intelligence to set class against /
class, breed corruption, stimulate vio- /
tence and shstter the foundation of /
society, they could have invented no /
device more effective than this decree /
which with one stroke of dou ubled va 4
lue industry swept the small proprie-
lors everywhere into bankruptcy. The /
whole conservative force of the world /
protests against so violent ana despotic /
change. We want real money coin |
carrying intrinsic value, yet il Eng |
land succeeded in her obstinate effort |
to destroy the value of silver for coin |
age nothing can save us from paper. |
England may we'll succeed. She seems |
already to be on the point of success |
greater than the government wanted, |
and in that case, Irredeemable paper
fiat money-st8res US in the face. The |
time has come for decision and decision |
must be open.
You can act with confidence that |
s.,l 81 - ~x<.l
that of any other man. Neither the |
banking interest or any other has for |
the time q right to claim superior |
knowledge or wisdom. In view of the |
ruin they have wrought and the vaster |
ruin they threaten, no risk that IN |
their opinion you may seem to run can |
cause q moments fear. Even those
who oppose the return of the republic
an party to it's old principles will |
admit that these principles would give /
it power for another generation.
We need only be true to ourselves, /
we need only SO to assist and maintain /
our convictions and no other party |
born or unborn can take the field from 1
us as long as we choose to hold it. The
tack before US is to restore normal |
activity to industry, break down the
barriers to sectlonalism, check the
increasing tension between the rich
and the poor. relieve agriculture and
save the small farmer and manufac
turer to smoothe away the threatening
dangers Of discomfort.
The party has always maintained
the national principle of high tariff.
You, whose deepest aud best interests
depend upon it's success. have alone
the power to add free silver"
At the conclusion OF the reading of
the letter three cheers were given and
on motion the letter was referred to
the committee on resolutions.