Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-05-24

80 t1ANft fHeDs 10 set our
views before the people. Let us leave
eplihets TO our adversarles. Let us
speak the truth and stand by our col
OTIS ana then feel that repose which a
man must enjoy who knows he has the
right on his side II is impossible TO
n nae osa me believe that the ST.
VVV'Vvv people who compose this
great country. with the experience
or all nations and ages, and
VIII deliberately cut themselves loose
from the balance OF the civilized world
ana cast their lot with Mexico. China,
Japan and other nations OF that class.
suppose We adopted the free coinage
OF silver at a ratio of 16 10 /. 1t Will
bring about silver mono-metallism pure
ana simple. 1t has always seemed to
me the most insolent proposition that
those who differ with us should call us
mono-metallists and that they are
bi-metalllsts. When the simple issue
IS put before the people l do not be-
iieve that they will be willing to put
| this country on a silver basis"
The remarks OF the chairman were
frequently interrupted by applause.
After the selection OF G. c. Matthews.
associate editor OF the Commercial-Ap-
| peal as secretary, committee on reso-
buttons were appointed, on motion OF
/ U. NJ. Rose OF Arkansas, composed of
| one delegate from each OF the states
| tNIANoNhhNhf ~ WHICH All ItsolullUnS
were to be referred without debate. The
committee was made up as follows:
| Alabama. Richard H. Clark: Arkansas,
| u. NJ. Rosei Mississippi, Leroy Percy;
Louisiana, ]. c. Morris; Texas, Rufus
Hardy. Maryland, Daniel Miller; Ken
lucky, John NJ. Anterior; Georgia. #.
IL. Richardson; Florida, S. C. Cox;
South Carolina, George NJ. Trenholm.
Missouri, George Il. leighton, Tenn
| eSsee, Josiah Patterson.
Secretary of the Treasury John G..
Carlisle was the introduced by Chair
man CatchinEs and as the distinguished
Hentuckian stepped to the front OF the
stage, the audience rose TO Its feet and
cheered enthusieally for several min
utes.
After quiet had been restored, the
secretary spoke as follows;
Mr.. President and Gentlemen OF the
Convention:
/ congratulate myself upon my good
fortune In having the opportunity to
appear before this large assemblage
] or southern business men, and l con-
graduate the people Of the South upon
their good fortune OF being able to send
here so many real representatives of
their Industrial and commercial in
terests. 1t has frequently been my
| privilege to address commercial and
| financial organizations in other parts
met a greater number of earnest and
intelligent gentlemen than | see before
me today. l am sure that nothing less
than full appreciation of the vast
Importance of the question to be con-
sidered could have secured the attend
ance OF SO large number of active
business men upon this occasion. and
the fact that they have voluntarily
| abandoned their usual avocations to
participate in the proceedings of this
convention encourages me TO believe
that their efforts In behalf of sound
| financial policy VIII not cease when 1t
has adjourned.
Mr.. President. do not think the i'm
portance of the questions you are
called to consider can be overestimat-
ed, or that the gravity of the sltua-
ton can be over-stated. The PROPOSE
ton to revolutlonize our monetary sys-
TEN and thus destroy the credit of the
and abroad, violate the obligations of
all contracts, unsettle all exchangeable
values, reduce the wages Of labor, eN-
pei capital from our country, and Sc
riously obstruct the trade of our peo-
pie among themselves and with the
peoples of other countries, Is one which
challenges the intelligence, patriotism,
and commercial honor of every man to
whom 1t is addressed. No matter what
may be the real purposes and motives
of those who make the proposition 10
legalize the free and unlimited coin
age of silver at the ratio of l6 to /.
these are the consequences involved In
their scheme, and, in my opinion, they
cannot be avoided II 1t should be
adopted. In no part of the country
Will the consequences of such policy
prove more injurious to tne material
interests OF the people than in the UNI
developed and progressive South
| NNhan the pTrpat civil war closed. XOnI
industrial system was destroyed your
commercial relations wor u broken
up, your currency was worthless, your
farms We're devastated, your mines
were closed, your forests were un-
touched, your water power was use
less, and your railways were unsafe
and Inadequate. even for the limited
service they had to perform; but your
great natural resources were still UNI
impaired, and upon that foundation
you have constructed, and are still
constructing. Il system of diversified
industries and interstate and interna'
tional commerce which. II not disturbed
by unwise experiments in financia
legislation, must attract TO your sec
tion OF the country all the active cap
ital and skilled labor necessary tC
make 1t the most prosperous part OF
tho continent, Your magnificent De
posits OF coal and iron, your fertile
soil. adapted to the glowth of cotton
sugar. and many other products which
no other part of the country Will yield
your unrlvalled facilities for the manu-
facture OF iron and steel, cotton goods
lumber, oil, furniture, and almost In
Vulnerable other articles which can b'
cheaply produced from the raw ma
terials within your limits, constitute
the elements OF marvellous growtl
and prosperity which nothing can pre-
vent II the people of the South vii
continue to exhibit in the future th'
same spirit OF coSservatlsm and thu
same devotion to principle that hav'
always characterized them in the past
The world has never witnessed
, grander exhibition of courage and for
titude than was presented here whei
, a defeated and impoverished people
, without mcney or credit, and almos
destitute of tools and Implements nee
essary to the performance of manua
, labor, went uncc mplalningly 70 worl
, 10 re-establlsh their social order. re
/ new their commercial relations, and re
construct their industrial system; AM
, / am unwilling TO believe that tn
: same people can now be so discouraged
, by a temporary business depression
, ar so moved by appeals to thelr preju
, Sices that they will hastily resort L
, new and hazardous experiments Wit
l the currency In which all their trans
4 actions must be conducted.
! I DO not charge that our fellow-citl
zens who propose to revolutionize GU
49, AaFN oh n II r.