The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-06-13

Memphis. June 12.-Friends OF silver.
representing twenty states Of the south
and west. began a two days coin enIion
in this city today. Fifteen hundr.I dei-
eSates, comprising Democrats, Republi-
cans and Populists. but with honest
money" as the slogan of all hlled the
lower floor and d large gathering of the
balconies at the Auditorium, where the
gathering was called 10 order this morn
ing.
On the stage besides the officers OF the
Central Binetallic league Of Memphis,
under whose auspices the gathering was
held, were, With 4 very few exceptions.
ali the leading advocates OF the free
coinage OF silver in the United States.
They included Senators Bate and Harris
Of Tennessee; Jones and Berry, Of Ar
kansas; George and WalthalI, Of Missis-
sippi; Marion Butler, Of North Carolina;
T1llman, of South Carolina; Turpie, OF
Indiana; Governor John G. Evans, OF
South Carolina; Ex-Governor Prince, OF
New Mexico; Ex-Governor Eagle, of Ar
kansas; ex-Congressman William J. Bry-
an, of Nebraska; General A. J. Warner.
of Ohio; C. S. Thomas and AIva Adams,
of Colorado; Alexander Delmar, Of Cali
fornia, and congressman and bankers
from Tennessee and adjoining states by
the dozen.
Demonstration Imposing.
The number of people in the Auditorium
today did not exceed that which greeted
Secretary Carlisle upon his appearance
here on May %, but the demonstration
was equally imposing and enthusiastic as
the one witnessed on that occasion.
A permanent organization was effected
today with Senator Turpie, of Indiana,
as chairman, and addresses were deliver
I'D nv that aDrlaDn n NJ AT--0-Ia- MI
maj, OF California, in the afternoon, and
by Congressman Sibley, of Pennsylvania.
and C. 5. Thomas, of Denver, and Arson
Nalcott, of Indiana, in the evening.
Tomorrow will be devoted to speeches
by some of the distinguished visitors, and
the consideration of the report Of the
on resolutions of which Sena-
tor Jones of Arkansas, is chairman.
Politically, the most significant incident
OF todayS proceedings was the clear and
emphatic statement of Senator Harris, of
Tennessee who, it has been already clear
~ demonstrated. is the controlling spirit
in the management of the convention, as
to the object of the gathering. and the
single subject to which it is expected TO
confine its deliberations. The strength OF
the men who are for silver first. last, and
all the time, and whose purpose to al
vance the candidacy of Congressman Sib-
ley, of Pennsylvania, for the presidency
has been frequently manifested, is form.
liable, and the result of the encounter
betWeen these Two opposing forces. th6
conservative and the radical silver men
as it will be shown in the declarations OF
the convention, is watched with great in.
terSt.
At 2:15 p. m. President W. N. Brown,
of the Central Bimetallic league Of Mem
phiS, raped for order, and introduced
Judge l. H. Estes, of this city. who led
in prayer. President Brown then intro
duced Hon. Casey Young, ex-congress-
man from this district. who welcomed
the delegates TO the city.
The Welcome.
Colonel Casey Young extended the
usual greetings to the convention and
Saluted the delegates as the advance
guards of d mighty army TO overthrow a
power more ruthless and rapaciouS and
more hurtful to human happiness and
prosperity than any deSpot that ever
shackled liberty and oppressed mankind.
Concluding, he said:
The forces of the grandest revolution
that ever hurled a despot from power are
gathering for an onset that will sweep
every enemy into the dark sea OF defeat.
The i%nvincible legions which lead IL
will never halt or Waver until their
| standards are planted upon the shores of
every sea, and their amer float in tri-
umph over the people of England They
will never lower their flags nor sneatne
their swords, until a mighty conflict IS
ended and a glorious victory wOn; not
until the temples of Mammo are turned
into ~sepulchres for the burial OF greed
and a~varice, and let us be hopeful, for
the sake of suffering humanity. that the
angel of resurrection Will never unSeat
these tombs.
'In the beginning of the struggle which
gave a separate nationality TO the Amer
lean colonies, our ancestors gave to the
world a declaration of independence that
rang like a bugle call through every land
and awoke the ~slumbering spirit Of lib
erty among every people.
1.-The descendants of these heroes and
J patriotS are about to send forth another
declaration of independence t. all ma
! tons of the world, in fixing Their own fin
ancial system and legislation for the good
Again., champions of the worthy cause
leaders of righteous revolution, l well
come you to the Queen City, our inland
sea, and in the name of your country $
brethren, bid you godSpeed In your
Colonel Young has been a local silver
leader for years, having made a contest
for Colonel PaterSon'S seat in Congress
on tina issue in the last election His re-
marks were received with applause
Mr.. Harris, of Tennessee, then nomina-
ted Senator Turpie, of Indiana, as per-
] manent chairman. He was cordially re-
oeived.
Mr.. Turpie Said:
Mr.. President, and gentlemen of tho
convention:
THE coined money of the government,
in full meaning, stands four square 20 All
commercial transactions of the people It
has four functions or uses. 1t is a me
dunn of exchange; it is a measure OF val
ueS, it is a. means OF reduction or It's pa
per proxies, II IS d legal ISluSi li 17
payment of all debts. There are many
things besides coined money that have
some of these powers and uses-lt has all.
OF these functions. two are created oy
law-those of legal tender and redemP-
ton; those are artificial The other two
of exchange and value measurement are
natural. There is no doubt that coined
money existed and was used to effect
exchange of commodities and TO denote
the values long before legislation con-
corning redemption or debt
But although the natural functions OF
coined money are older-much older, that
is artificial functionsEyet both these
classes or functions are very ancient al
most coeval with the m of civil
ization. The natural functions OF such
money used in designating the price and
effecting the transfer Of commodities DO
nj danend wholly uDOn law. nave never