The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-11-28

As Usual. the Free silver Men Seem 10
Re la Control.


Sr. Iours. Nov. 27.--The Developments
of the second days session of the trans
Mississippi congress have not been with
out interest for the advocates Of the free
coinage of silver, who have been nxious
to secure definite expressions from the
congress in favor OF the white metal. Not
alone have the minor features. such as
warm applause when free coinage was
mentioned. been encouraging. but the
organization OF the committee on resolu-
tiona, with Congressman w. J. Bryan. Of
Nebraska, as chairman. and Il. A. Mar
shall, Of Texas. as secretary. have been
highly delighting. Nevertheless, there ia
vet no certainty that tho matter will GO
beyond this. In the convention there is n
strong element IN favor OF international
free coinage only, aud opposed 10 any OK
preston whatever upon the subject by the
congress. Whether tho bi-metaiiists will
bs strong enough TO overcome both these
elements cannot be told. Yet there is a
certainty that the main struggle will bs
on this portion Of the resolutions COM
mitiee's report, and the battle will not be
a brief one.
At the morning session the committee
on resolutions was appointed, A. l.. Black
and d. f. Devine representing Washing
ton. Delegate W. J. Bryan. Of Nebraska,
introduced resolution fayoring the res
toration OF the free coinage Of gold and
silver. at a ratio Of 10 10 !, without the aid
Of any other nation. Delegate cahili. Of
Missouri, introduced a resolution favoring
efforts by the government toward inducing
the other governments To recognize silver
more fully ~ money metal. The COM
mitEee on permanent organization pre-
sented its report. naming George q Cam
non, of Utah, for permanent presiding
oficeF, with one vice president from each
state. TO be nanaed by rs delegation. Tho
present secretary, NJ. g. Hutteriisld. Of
Oregon, was requested 10 continue through
this congress. the executive committee
being instructed 20 name his successor
when the next place shall be chosen. he 10
reside therein. The report was adopted.
At the opening OF the afternoon session
Congressman-eiect sbafroth. of Colorado,
vas Invited 10 address the delegates on the
silver question. Mr. shafroth opened lis
remarks with a theoretical discussion OF
the effects Of complete demonstration
ofsliver and the conscq nent compelling Of
any one mssai-gold. for insiAnce-to
transact the business 81 the country OF Of
the world. lie touched upon the annual
PRODUCTION OF gold, and. arguing from the
statistical assertion that more than IS per
cent. Of that production goes into the arts.
held that the remaining - per cent vas
equal 20 but per cent. OF the aggregates
money supply Of tho world, while the in-
crease of demand ia trade vas six times i'm
excess Of that percentages, and there was
but one course to follow 10 supply trade
with it, necessary medium Of exchange,
viz. The free coinage Of silver folioe-
ing this, he reviewed tho positions of the
various governments 0f the world with re-
lation 70 gold. and the increase in the
number of nations relying entirely upcn
the yellow metal ar basis 81 circulation,
asking IL IL were not reazonabis that, with
the necessarily appreciated value. silver
should hs used 90 meet the ever growing
demand for eEehsnR-. Hs opposed eth
ali his might any proposal for the limited
uss Of silver. for anything short Of free
ooInays under the financial system nov
existing meant simpiy the redemption
ultimately 81 that silver with gold. thereby
Agaln depF~ciatinR the value ~ the latter
metal Gold and silver. he clAimsd. under
unrsstricsed conditions. we're automatic
aiIy regnlatiss of each other. Moreover.
TIE facts showed that the production of
silver. though annually larger than that
( a gold, yet 4Ith rsiaiiv. comparison. as
made of TIE totals in The world ag
I the ena u the year. Was less
/ than per cent greater increase,
$3.50 Of per cent, TO speak correctly.
What danger Was thsrs In thstg At the
close of .r. shRfrotb's remarks snew
.srlss % resolutions sas intf0ducsd and
/ referred % he committee on resolutions
without DEBATE. Among them were these:
I Opposing. ~ the Seattle Chamber o.,
Commerce. the adoption ~ congress %
any resolution demanding the free coinage
az silver; favoung the early construction
of the Nicaragua canal. opposing the So
called Oinsy pian with regard 10 the
Pacific railroad debts, and Gayorsng the
forec!osaEe Of the goyeTnmeat mortgage