The times. [volume] (Richmond, Va.) 1890-1903, 1895-06-13
RICHMOND VA. THURSDAY JUNE l3 1895.

This rule. save in very rare instances,
has no application in coin. But what
party i'm our country Is seeking to debase
its cOin2
The loss OF oiT gold, the departure OF
our gold. will. as some opponents say,
bring about depression. Yet gold stayed
with MS from the beginning. IN usual
quantity and proportion until 1878. when
we ceased coming silver. From 1913 until
1S7s yhu, silver was not coined, gold
touched a low ebb- When. in 1873. we
hegan to coin silver again, gold returned
In larger sums than ever. and stayed ana
Increased with US. Since we ceased the
coinage of silver I'm 1898, during lS9i-s0,
gold has left us again.
The faith Of the advocate OF a single
gold standard is compounded Of one truth
and one pernicious error That coined
standard dollars should be Of equal legal
value is true; but that the metal IN them
must be Of equal bullion value is a fallacy
50 contrary to our common sense ana
experience. that IT cannot he much aided
by prophecy.
Let MS. as bimetallists. remember that
we are Americans, citizens Of the great
republic. dealing calmly and deliberately
with our own highest interests. Let MS
take counsel of faith and hope. Let us
ca forth with manly hearts. without fear
believing I'm all confidence that the silver
and gold dollar Of our minis. the money
of the past sound. tried, and true. shall
also be and remain the money OF the
future.
poPu1IsTs NOT SATISFIED.
The nomination OF z. y. Wade, Of TIE I.
nessec. for secretary followed. ana al
the suggestion Of Senator Harris all the
newspaper mep present We're maue rs
sistant secretaries.
Resolutions were passed that each state
should name a yice-pres ident and mtm-
Der OF the Committee ON Resolutions. For
Nirginia. T.. +. Weaver was elected TOT
ylcc-president, and T.. r.. Trcdway on the
Committee on Resolutions.
Amidst enthusiastic applause Senator
Harris was then named delegate at large
from the United States.
j. II. McDarrow. OF Tennessee, a we'll
known State POpulist leader, IN an I'M
passiOned speech, demanded that lhe
Third party men be aiven better repre-
sontation on th Committee on Resolutions.
only one Populst, he declared, Marion
Butler. of North Carolina. was now ON
the committee The Topulists had been
assured bv those I'm charge Of this con-
ventiOn that ~ they handed list oil
names TO the secretary they would be
placed on the committee. This list was
now Ina the hands of the secretary. but
had not been read. Were the Third party
men to be ignored? The convention or
dered that the Populsts Doe placed OH
the committee.
Alex Delmar, OF California, then ad-
dressed the committee.
At the conclusion Of Mr.. Delmars
speech the convention took recess until
o'clock. Senator Stewart, OF Nevada,
presided at 0-nights session. Congress
man Joseph G. sibley, OF Pennsylvania,
addressed the convention, in suDstnce, as
follows:
CONGRESSMAN sIBLEY's ADDRESS.
Il believe there are going to be two
parties at the coming election. one of
them will be- th mon0weiaiists. and the
other the American people in their maJes-
ty.
"The gold standard has been erected
many times before. Once Aaron erected
a golden image but IL was not "a Sic
cess And once Nebuchadnczzar set him
up one, and said whoever refused 10
bow down and worship it should straight
way be cast into a fiery furnace and
burned up. Without meaning 20 make any
invidious comparisons, Tres pectlullyrefer
you 10 Grover Cleveland's letter 10 Cow
ernor Store of Mississippi.
There We're three men who refused I
worship this image. and Nebuchadnezzar
ordered the furnace 10 be made straight
way seven times hotter, and mad these
men east IN. but they walked upright
amid the flames. and came out brighter
and happier than ever. There are a good
Nebuchadnezzars IN this world yet. but
they do not cut much OF a figure.
NEBUcHADNizzAR FOUND HIS LEVEL.
further YOU will find that NeDachanezz3I
found his ltyei all right For seven
years he had 10 eat grass. Ne silver
people have all the logic end all tht
law on Cur side.
The Secretary OF the Treasury spoke
% you in this same han The other day.
/ do not want 10 quote Mr. Carlisle when
he said that decentralization OF half Inc
money In the world meant misery mn.
uuhappiucss for half the people of The
world. Then John q. Carlisle was The
tribune of Tie people. Now he as the
highest in the Temple Of Aammou. Air
Carlisle the plebian and Mr. Carlisle the
ariatJcrat are TWO very different kinds
CT people. But / 10 not want 10 COM
plain of Mr.. Carlisle. Every word he
said about the demonstration of silver
has come true.
N is impossible. under present condi-
compete with those of India and the Ar
gcntinc. You take your bushel OF wheat
10 the London market and YOU get nlty
cents for 10. When you bring IL home
YOU have no more When the Indian
or the farmer from Argentine takes bis
money home he has one hundred cents.
Under the present system YOU are simply
fostering the Industries OF other cOun-
tries. This is ruinous competition
Tor you.
Mr. Carlisle told you when De was here
that the wages Of everybody hal been
increased under monOmctllsm about I
per cent. II is not that way ln my
country. Fifty thousand coal miners
I'm ohio and Pennsylvania had llnc cents
a ton taken of their wages about the dag
that Mr.. Carlisle spoke 20 you here IN
Memphis. Why, they tell you that wheat.
Outtf which they make bread, was -Ower
than IL ever was. and yet more people
starved 20 death for the lack of this
OW-pricod wheat than ever I'D before.
They tell you that cotton and wool are
cheaper than they ever We're, yet there
is greater army of tramps walking up
and down our highways and our Dyways
to-day In tattcrs and rags FOR the lack
OF this same cheap cotton and wool.
They tell the farmer East that what
he needs TO make times better is O higher
protective tarin. In certain parts oI
10 be prosperous is free trade. You
have 10 give this tarin question is a
medicine, according 10 the locality. Now,
the fact of the matter is, the tariff has
nothing TO do with monetary panics
and it's about time they gave il a long
needed rest and believe they are going
TO do It, There were two monetary
panics under a high tariff and two under
a low tariff and l think this shows -le
tarifi has nothing 10 DO with the ease.