Birmingham age-herald., 1895-06-13

silver or gold.
 "The use of silver or gold money has added very greatly to their commercial or bullion value. Although every friend of humanity rejoices in the destruction of exclusive government ownership of the precious ores and their metals, yet there was one consequence which followed the private ownership of the same much to be dep1ored. For a long time the equili- brium was maintained by law between the two parties, but at last the holders of gold, being the same as the holders Of the debt in large quantities, especially the national debt, succeeded in having the government interfere by law in this strife. They said: We will not dispute any longer about relative values. Silver must be barred out. When we have kill ed silver for the use in coin it will be worth less and less. We can buy and sell it at our own price and the ratio will be an idle fiction of the past.
 'The syndicate of gold is of no coun- try, of no age or creed. Bimetallists are not against gold We are for silver ana justice Much has been written on the stability of the value of silver and gold, concerning which it may be said that both the metals are variable in value. Each changes in value from time to time, like other commodities, but they vary in value infinitely less than any other commodity.
 Ut is said that if we restore free sill yer to free coinage gold will leave us. This is asserted as principle under what is called the Gresham law or rule. Where two or more kinds of money Is circulated together the inferior will drive out the better currency. This rule, save in very rare instances, has no ap- plication to coin. But what party in our country is seeking to debase it's coin? The loss of our gold-the departure of our gold will, as some opponents say. bring about depression. Yet gold St1VP6 with n .hPP1nninV usual quantities and proportion until 1873, when we ceased coining silver. From 1873 until 1876, while silver was not coined, gold touched a low ebb. When, in 187S we began to coin silver again, gold returned in larger sums than ever and stayed and increased with us. Since we ceased the coining of silver in 1893 during 1S94-95 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 valuation is true but that the metal in them must be of equal bull lion is fallacy so contrary to our com- mon sense and experience that it cannot be much aided by prophecies. Let us as bimetallists remember that we are Amer jeans, citizens of the great republic, dealing calmly and deliberately with our own highest interests. Let us take coun- ell of faith and hope. Let us go forth WllH hearts NlLnOul ledT, DelleNllS III dll confidence that the silver and gold dol lar of our hints, the money for the past, sound and tried and true, shall also be and remain the money of the future.'
 The nomination of Ware of Tennessee for secretary followed and at the sug- gestion of Senator Harris all the news paper men present were made assistant secretaries
 Resolutions were passed that each state should have vice-president and member of the committee on resolutions A roll call of the states resulted in the following being named:
 Alabama-State Treasurer Frank Smith, vice-president; John Bankhead, committee on resolutions.
 Arl5ansas-Senator James H. Berry, vice-president; Senator J. K. Jones, res olutions.
 dent; Charles S. Thomas. resolutions.
 Florida-Delegatio delayed, will ar rive tomorrow.
 Georgfa-Judge r. M. Langley, vice president; Henry Jones, resolutions.
 Indiana-David Turpie, vice-president and member of committee.
 Kentucky-J. Randall, vice-president; Joe A. Martin, chairman of committee.
 Louisiana--M. l. Cunningham, vice president; Gilbert L. Dupree. resolutions. dent; J. z. George, resolutions.
 Nebraska-W. J. Bryan, vice-presi- dent and member of committee.
 Montana-Paul A. Fuse, vice-prcsi- dent: Charles s. Hartman, resolutions.
 Nevada--W. Nj. Stewart. 'vice-presi- dent and member of committee.
 North Carolira-T! F. Heath vice. president; Mahlon Butler, resolutions.
 Ohio-A. J. Warner, vice-president and member of committee.
 Pennsylvania-Josep c. Sibley vice. president and member of committee.
 South Carolina-John Gary Evans, vice-president; Ex-Governor Tillman, resolutions.
 Tennesse-William D. Bate. viee-pres- ident; Edgar Carmack, resolutions.
 Virginia--P. F. Weaver, vice-president; F. c. Treadway, resolutions
 New Mexico-Rev. J. D. Bush, vice president; l.. Bradford Prince, resolu- tions.
 Amid enthusiastic applause Senator Harris was then named delegate at large from the United States.
 J. H. McDarrow of Tennessee, a we'll known state populist leader, in an impas- stoned speech, demanded that the third party men be given better representa- ton on the committee on resolutions. Only one populist he declared, Marion Butler of South Carolina, was on the committee. The populists had been as- sured by those in charge of the conVen- ton that if they handed a list of names to the secretary they would be placed on the committee This list was now in the hands of the secretary. but had not been read Were the third party men to be ignored? The convention ordered that the popuists be placed on the committee.
 At the conclusion of MT. Delmar's speech the convention took a recess until o'clock this evening.
 Night Session.
 Senator Stewart of Nevada presided at the night session.
 Congressman Joseph C. Sibley of Penn sylvania addressed the convention in substance as follows: "I believe that there is going to be two parties at the coming election. One of them will be the monometallists and the other the Ameri- can people in their majesty. The gold standard has been erected many times before. Once Aaron erected a golden image, but it was not a success, and once Nebuchadnezzar set him on end and said whosoever refused to bow down and worship him should straightway be cast into fiery furnace and burned up.
 "Without meaning to make any in- vidious comparisons I respectfully refer you to Grover Cleveland's letter to Gov ernor Stone of Mississippi There were three men who refused to worship this image, and Nebuchadnezzar ordered the