The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-08-07

porations the Governments sovereign power of
issuing and controlling the money of the
people.
The act of 1873 demonetizing silver was
surreptitiously passed, without the approval
or knowledge of the American people, and
from the time when the effect of this act in
fastening upon the ccurz ry the single gold
standard was understood tI4 Democratic party
has consistently and persistently urged that
the grieyous wrong be righted.
Failure to accomplish this objectS,as resulted
in the steady appreciation of gold, CORE
spending fall in the prices of commodities
produced by the people, q heavy increase in
the burden of all debts, public and private
the enrichment of the money-lending class
paralysis of industry and impoverishment of
the people, and unexampled distress in all
gold-standard countries.
Experience has shown that W hile under the
single gold standard there may be an occa-
SIGNAL revival of business activity, accompan.
led by enhanced prices of a limited number of
commodities, such revival is due to artificial
and temporary causes, and cannot permanently
alleviate the sufferings due to falling prices
brought about by the appreciation of gold and
an inadequate supply OF primary or redemption
money. Duty to the people requires that the
party of the people continue the battle for BIZ
metallism until its forces are crowned with
success. Therefore be it
Resolved, That We, the Democratic party of
Missouri, in convention assembled, demand
the free and unlimited coinage of silver and
gold into primary or redemption money, at the
ratio of 16 to 1, without waiting for the action
or approval of any other nation: and second
ResolUed, That we are irrevocably opposed to
the substitution for metallic money of a panic
breeding corporation credit currency based on
single metal, the supply of which is so lin
tied that it can be cornered at any time by
few banking institutions in Europe and Amer
lea, and third,
Resolued, That we opposed to the policy
and practice of surrendering to the holders of
the obligations of the United States the option
reserved by the law to the Government of re-
dueing such obligations in either silver coin
or gold coin; fourth,
ResoEved, That we are opposed to the issuing
of finterest-bearing bonds of the United States
in time of peace, and especially are we opposed
to placing the treasury of the Government un-
der the control of any syndicate of bankers
and the issuance OF bonds to be sold by them
at an enormous profit for the purpose Of sup
plying the Federal treasury with gold to main
tain the policy of gold monOmetallism.
Resolutions were adopted instructing
the State committee to call convention
not later than April Is to elect delegates
to the National convention; also sending
congratulations of the Missouri Silver
convention to Senator Blackburn of Ken
tucky. The resolutions were adopted amid
applause and without dissenting voice
The delegates from the different Con-
gressional districts named the candidates
for additional members of the State Com
mittee and they were unanimously elected.
The convention sent kilograms of greeting
to the Democratic conventions in Iowa.