Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-06-13

quantity and proportion until 1879,
when we ceased coIninE silver. The
faith OF the advocte Of a Angle
gold standard is compounded OF ons
truth and one pernioious error-~that
coined standard dollars should be Of
equal legal value Is true. but thai
the metal In them must BIO of equal
bullion value Is fallacy 40 contrar,
to our common sense and experience
that II cannot be much aided b,
prophecy Let US. biimetallists. re-
member that we are AmericanE, citi-
zens OF the greatest republic. dealing
calmly with our own highest interest
Let us take counsel OF faith and hope
and without fear, believing IN all con
fidence that the silver and gold dollar
OF our mints. the money OF the past.
sound, tried aud true. shall also bo
and remain the money OF the future
senator Turpie was accorded an
ished his speech. The convention then
completed Its permanent organization
by the election by acclnmntion Of f.
II. Wade OF Tennessee. reading clerk
OF the house OF representatives to act
as secretary.
Mr.. Wade was nominated by *
Governor Lowry or Mississippi n
Senator Jones OF Arkansas moved
the appointment OF n committee on
resolutions to be composed OF one dele
gate from each ptate represented. The
motion carried after IL had been amend
ed Mt the suggestion OF Judge John w.
Tomlinson OF Blrnlngham. so us to
provide that upon roll call each state
delegation should present the name
OF q member OF Its delegation 10 act
as vice-president OF the convention and
one member 70 represent II on tho
committee on resolutions. The roll re-
suited In the naming OF the following
vice-presidentH state Treasuref
Craig Smith Alabama; Senator J. II.
Berry. Arkanaas; Alex Dolmar. Calf
| Weaver. Virrinia; A. II, Blackwell,
Texas; VIM. Il. hate. Tennessee; Cow
ernor John II, Evans, South Cnroiinaf
Congressman Jos, G. sibley. Pennsyi-
venia: y. p Brown, Nebraska; Gem
eral A, ]. Warner, ohio q. f. Key.
North Carolina; Senator w. NJ. Stew
art, Nevada; VIM. =. switxnr. Mis-
souri,; Paul a. Doves. Montana: w.
| q. Yerger Mlssissippii NJ. ]. Cunning
ham, Louisiana; j. reynolds. Ken
lucky; Anson Weleott, Indiana w. II,
| Hldell. Georgin; AlvH Adams, Colorado.
The following committee on reBolu-
| lions was named: Senator James l..
Jones', Arkansas; j. II. I1ankhead. Nee
vndai Senator Marion Butler. North
Cnrolina; Senator WIN. Il. Stewart.
Charles Hartman, Montana; senator
J. z. George. Missipsippl; o. y. Du-
prce, Louisiana; J. r. Barton Ken
lucky; senator David Turplc. Indiana;
Charles i. Thomas. Colorado; Ex-
Mckee; Alex Deimss cairornla: i.
9. Treadway, Virginia; 3. u. Watson.
| Texas: ~. w, Cnrmack. Tennessee: Il.
r., Tillman, South cnrolina; Joseph G.
Slbley. Pennsylvania; w. y. Bryan,
| Nebraska; A. j. Warner, Ohio.
| Upon motion OF q MisHiBHippi dele
gate Senator Harris was nominated
| MS the old whcel-horae OF free coinage"
to ben member OF the committee IN req
olutions for the United States ut
large" and was elected with great
| enthusiasm. M
Judge George II. Mcdowell OF Ten
ncBsee arose to ask recognition for
the Populists upon the committee on
revolutions. The Judge In appearances
bears some resemblance to Senator
PETER Of Kansas. and the most striiS-
ing Characteristic OF his style OF ora-
| tory II his gesticulation. He carried
| his point without difficulty and II was
| agreed that he be empowered 10 pro-
sent tho names OF delegates who wers
| added to the COMMITTEES on rcsoluticns
an representatives OF the Peoples
party.
Eek Governor L. Bradford Prince OF
| New Mckee IN explanation of the fact
| that n number or Western and North
| western staten had failed TO respond
I
| weeks ago the representatives OF every
| one OF those states had attended sill
| yer convention at Salt Lake CITY at
which committee had been appointed
TO represent them collectively at the
Memphis convention. The absence
| OF delegates from the individual states
should not be construed to Indicate
any lack OF interest in the free silver
movement or OF sympathy with the
| Memphis convention. The South and
1 has. l..t -, t. IL. ,~x<-
paign and must stand together.
The next speaker introduced was
Alexander Delmnr. The well known
writer on the coinage question. and q
member OF the silver commission Of
| 1876.
Nr. DeImar said:
Hon. Alex Dclmar. formerly director
OF the bureau OF statistics. mining
commissioner TO the monetary commis-
sion OF 1876 and author OF "a History
OF Monetary syatcma in tho Various
States OF the World. said:
Mr.. Chairman: Amidst the conflict OF
monetary theories, doctrines and as
aumptions which divide the American
people. nay the entire civilized world.
can discern but n single principle
upon which all parties unite. and that
is stability. The monetary commission
OF 1876. with which l was connected,
reported that the acts OF 1873 were. one
OF them. passed surrcptitiously, and
tho other upon false or ERRONEOUS as
Hurances.
This has since been vchcmentiy de-
MED. am going TO show you not
only that the commission was right.
but that these acts were the issue of
European intrigue.
Al the period of this legislation the
ratio OF vniua at which silver and gold
were purchased and coined at tho
French mints was ID 1-2 weights for 4:
at the mints OF the United States 16
for /.
In consequence OF this difference.
about per cent. those who had silver
10 coin sent II To Paris rather than to
Philadelphia or New Orleans. Had the
opposition to tho coinage OF dollars in
two metals and the preference FOR one
metal over the other been OF Americans
origin, the one metal chosen would In
cvitably have been nIlver because IN
fact. the silver dollar was worth 3
per cent more than the gold one, and
because the bondholders were nofo-
riously those who promoted 1nd,supple-
mentcd the legislation OF 1873: they
would no moro have preferred gold
dollar than they would a silver dollar
now. But in France. indeed Ia Europe.
generally. whose mInts and mnrkets
commonly followed the EaHt coinage Of
Frnuce. the gold and silver coins Of
like denomination were OF precisely
equal value Hence to tho European
t.riIrr .xq x..rItn.. Al....I a.. 49, I.