Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1895-06-20

Memphis, Tenn, June IA. - Fully
100 delegates were present in the
auditorium when President william
Brown, of the Central Bimetallic
league CT Memphis, called the silver
convention to order n introduced
Jndge L. II. Estes of Memphis, who
offered up a prayer.
president Brown then called for
nominations for permanent chairman,
and Senator 1Sham G. Harris, the ante
bellum governor of Tennessee, was
Given an enthusiastic reception when
he arose to present the name of Sen
ator David Turpie of Indiana. Mr..
Harris said he had no idea Of making
\ speech, that he only wanted to state
in a word the purposes and objects of
this convention. 1t was called by The
Central Bimetallic League of Shelby
county, a strictly non-partisan Organ
ization composed Of Democrats, Re-
publicans and POpUlists. Its doors
were thrown open to every American
citizen who honestly believed in the
propriety, the ACCESSIBILITY and II ne
Ccssity of the rehabilitation of silver.
Their doctrine Is bimetallism, and by
bimetaIlism they mean the free and
UIllllllAttt ma VI an S'A ""' 81
silver produced in this country. They
hold, as to this convention, that a
Democrat can be present and partici-
pate in its deliberations without i'm
pairing in the slightest degree nfs al
~legiance or fidelity to his party organ
fzation, and the same is true of Re-
publicans and Populists whose party
fealty cannot be impeached because
of their open advocacy of free silver
coinage.
I'VE are here" concluded the SEN
ator. las a band Of free men. to con-
slider this all-absorbing question which
now confrOnts the American people.
We are heIe to consider the coinage
question and that question only. That
is the object of this convention as I
understand 1t, and as | believe 1t is
understood by the hundreds of dele
gates who are here to-day. ! beg nov
to present o the Hon. David Turpie
of Indiana, whom | place in nominal
ton as yOur presiding officer. thar
whom there is no truer or ADLER BIZ
metallist in the United States OF
America"
senator Turpie Talks.
The distinguished senator from
Indiana was warmly received. While
he bears his sixty-eight years lightly,
his voice was rather weak for the
large hall. and he showed hat the
warm weather made the task of deliv-
ering an elaborate address before the
convention a difficult one. After Sen
atOr Turpie had been elected by accla-
nation he assumed the chair and adj
dressed the convention. Senator
nH,,n-, ,-,a raaNrlAI n,AthN. -, 90
applause when he finished his address.
The convention then completed it's
permanent organization by the election
by reclamation of A. Il. Wade of Ten
nessee, reading clerk Of the house Of
representatives, to act as secretary.
Mr.. Wade was nominated by Gov.
Lowry of Mississippi. The roll was
then called for vice president and a
member of committee on resolutions
from each state. The resolutions com
mittee included w. ]. Bryan of Ne
braska, Senator Jones of Arkansas,
Senator Harris Of Tel Eessec, Senator
Tillman of South Carolina, Senator
Butler Of North Carolina and Senator
Turpie of Indiana. On motion OF
Judge J. III. Mcdowell of Tennessee
the Populist party was accorded a
representative on the committee on
resolutions. Ex-GOv. Bradford Prince
of New Mexico called attention to the
fact that several Western and North
western states did not respond to the
roll call. which was due, he said, to
the fact that within q few weeks the
people of these states had held a sill
yer convention ut Salt Lake City at
which a committee was appointed to
represent them collectively at his
gathering. The fact that delegates
were not present indicated no lack Of
interest in the movement or sympa-
thy with the silver convention. The
chairman then introduced Hon. Alex
Delmar of California, who spoke at
length. Adjourned until tomorrow.
Memphis, Tenn. June 15.-The sill
yer convention adjourned to-day. after
adopting the following resolutions: .
Silver and gold coin have in all ages
constituted the money of the world;
We're the money Of the fathers of the
republic, the money Of history and of
the constitution.
The universal experience OF mankind
has demonstrated that the joint use Of
both silver and gold coin as money
NoiSt1tuttS TIE uloSt stu Dle SJilltldIu
OF value, and that the full amount of
both metals is necessary as q medium
of exchange.
The decentralization Of either Of
these historic money metals means an
appreciation from the value of money,
a fall in prices Of commodities, a d.
minution of the profits Of legitimate
business, a continuing increase in the
burden of debts, the withdrawal of
money from the channels of trade and
Industry. where 1t no longer yields a
safe and sure return, and its side ac-
cumulation in the banks and the great
money centers Of the country.
There is no health or s%oundness In a
financial system under which a hoard
ed dollar Is productive of increase to
IT'S possessor while an invested dollar
yields a constantly diminishing return,
and under which fortunes are made by
the accretions of idle capital or de-
stroyed by a persistent fall in the price