The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-06-14
OUT FOR FREE SILVER
Ringing Words In Resolutions Adopt
ed By the Men In Memphis.
THEY'RE TRUE-BLUE FOR 1T
Senator Stewart Hauls the Gold
bugs Over the Coals-The Free
Coinage Creed Put Before
the Plain People.
THEY'RE TRUE-BLUE FOR 1T

Memphis, Tenn, June l3-The pos
sible disruption of the democratic party
in the South and the republican party
in the West must have been uppermost
In the mind of any thoughtful observer
OF the past two days proceedings In
the silver convention which has been
in session at the Auditorium in this
city. Both sides of the question were
discussed to-day In the impassioned
speeches and the strong argumentative
appeals 10 the l 800 delegates and Wis
itors who attended. The first warning
of the approaching encounter was
heard last night In the bold utterances
of Congressman Sibley in favor of
silver party. To-day all disguise was
thrown of. The men who favored a
silver party. with one purpose and one
idea. under leadership of Sibley, are
Tillman OF South Carolina. Butler of
North Carolina. Stewart of Nevada
and Adams of Colorado. They asked
their hearers to decide between the
party and the nation. On the other
hand. those who favor the settlement
of the silver question within party
lines, urged conservative action. The
money question. they claimed. should
and would be settled within party
lines. The conservative element pre-
vailed In the committee on resolutions,
and the declarations which were
adopted by the convention did not go
beyond strong presentation of the
views of the free silverites gathered
here. In addressing the convention to-
day. Senator Stewart said:
The object lessons of the last three
years show that the American people
are face to face with concentrated cap
ital, the enemy which has destroyed
| all previous civilizations. "A shrinking
volume of money as compared with
population and business produces fall
| ing prices, paralyzes industry and
compels the producers Of wealth to
pawn their property to continue the
struggle against impending fate. The
| modern colossus. the Rothschilds COM
| bination. is the greatest brokerage es-
| tablishment the world has ever seen.
1t deals with corporations and nations.
| 1t takes from the people their earnings
either by monopolising the necessaries
| of life or through the sovereign power
of taxation. 1t furnishes money for its
customers by selling their bonds to the
public for vastly more than the cost to
the combination.
"The vast bonded debts of the Unit
ed States and Europe have passed to
their hands for nearly century. and
the increment retained by the Roths-
childs alone. independent of their nu-
merous associates. is estimated at two
thousand millions. This combination
robbed the United States of gold to
convert the silver debt of Austria into
gold obligations and made four hun
dred millions in the transaction. The
great combination wrecked the finanr
ces OF this country and created the
panic Of 1898.
Gladstone and Cleveland were will
ing agents of the gold trust. The trust
suspended coinage in India and re-
pealed the purchasing clause of the
Sherman act. to make 1t easier for the
combination to control the standard
money of the western world. France
and Germany made no objection to
the wicked work of the syndicate while
its raid was sweeping away the for
tunes of the American people. but they
protected themselves by refusing to
furnish gold for the Austrian specula-
.tion.
"The success of the gold combina tion
in repeating the purchasing clause of
the Sherman act and thereby ratifying
and confirming the infamous act Of
1873. demonetizing silver. placed the
fortunes of seventy millions of people
at the mercy of the gold kings. The
temporary lull in the financial storm
which the country now enjoys waa
bought. President Cleveland contract
ed with the Rothschilds combina ton
to cease their raids on the United
States for eight months. The price
paid was Sl2,0OO0OC. How could the
Rothschilds combination perform such
contract and stop the shipment of
gold from America unless they ha
control of the gold?
"The goldites proclaim that the peo-
pie OF this country are entitled to the
best money with the greatest purchas.
ing power of any money in the world
As long as the standard money of the
Western world is in the hands of this
colossal pool. just so long will the pur.
chasing power of gold increase and
the price Of property decline. Four.
fifths of the American people, yea, nine.
tenths have been at the heart in favor
of restoring silver ever since the crime
of 1873 was discovered. but the golC
combination has seized every avenue
of communication. The press and tele.
graph belong 20 IT, Four thousand ma
tional banks are its agents. five thou
sand other banks and trust companle.
do its bidding. Merchants and boards
of trade are dependent upon the bank,
for accommodation and they are clam
orous in their praise of gold monopoly
Politicians and officials. high and low
rely on the money power, the press ant
the minions Of the banks for politica
success.
"The president of the United States
pIaces three hundred thousand officer:
at the service of the money power 10!
the political or other favors he receives
Before such force any other people
would be powe~'ess, but the American
people for more than hundred year
( have met and conquered every foe
They have always been equal to th'
emergency.