Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1895-01-14
TRI-CITY CONGRESS
The Labor Organizations Reg.
ular Meeting.
OFFICERS FOR THE YEAR ELECTED.

OFFICERS FOR THE YEAR ELECTED
The Financial Question Discussed and Res
olutions Protesting to the Board of su.
pervisors Against s j. Collins Adopted
Other Matters.
Tri-City Labor Congress held quite
an interesting meeting yesterday, il
being the first session of the new
year. Several new delegates were
obligated. and some important COM
mittee reports were received, the
principal one being from the commit.
tee appointed to look into the plumb.
ing work being done on the new In
dustrial Home building, rs regards
The Roseniield Bros. standing with
the Plumbers union, which eiicitei
great deal Of discussion, until a
member Of the building committee
notified the congress that none but
union men would be allowed to work
on the building. This statement
seemed to be satisfactory. and the
matter was dropped.
Election Of Officers
The following officers for the ensu-
ing year were elected and duly obli-
gated:
President-J.-P. Warren.
Vice Presidential. W. Battles.
Recording Secretarv-H. Abbott
Financial S.cretary-E. Fechner.
Treasurer-T. II. Ellis.
Trustees-G. w. Reddig. Rock ISL
and; G. f. Olney. Moline; Carl Am
mondt. Davenport.
Statistician-H. Pfabe.
Sergeant-atArms- n. Hanna.
Other Matters.
j. W. knOwlan was appointed to
furnish paper to be read at the next
meeting on the subject of National
ISM"
Financial Remedy.
A paper entitled dying of Hem
morrhage-is That the Condition of
Our Country?" was read by I. II.
Ellis, who felt assured that if his
ideas were carried out by the ma
tional representatives the country
would soon retain it's normal condi-
ton of financial prosperity. "In the
year of 1862" the document read.
although fleeced OF our banking
laws. our people were Industrious,
prosperous and happy-we were
then the pride and guide of the
world. Every liberty loving soul
longed to reach our paradise of the
earth. Then, like in 1876. the gen.
tlemen bankers Of the east made anew
their attack on our Declaration of
Independence and railroaded a bill
through congress purporting to be
an act to revise the currency law OF
this country to conform with those
of England, and on Feb. 10. 1878, the
crime was committed. At that time
81, grains of pure silver was the
unit OF values Of this coun-
try. Silver brought premium
Of , per cent over gold, and would
have maintained itself at a par with
gold in the markets of the world.
We had then in about equal proper
tions of gold. silver and paper in this
country of $1,000, 900, 600. which is
equal in amount with the bonds and
securities now held by the Roth
schilds, which is payable in gold.
This crime committed by congress
placed the unit of value on gold in
stead of silver and made the latter n
token money, whereas before this act
for century or more it had been n
redemption money, reduced our re-
dempt'on money to one-third of the
circulating medium. instead of two
thirds, as it had been prior to such
act. and made silver payable in
amounts of 50 denominations. We
had the panic of 1878. Our debts
had not yet become due-speciaI
payment Had not been resumed, SO
we were gulled into the notion of
what is known rs the credit-strength-
ening act, and have noated along
peacefully and apparently prosperous
until paw day is coming before we
realize the dreadful calamity we
have reached" Mr.. Ellis further
contended that our financial strin-
gency emanated from the crime
of 1s73-England had succumbed to
the money power in 1916, the United
States in 1873. France in 1885 and
India in 1892, until now all the So
called civilized nations of the earth
are ut the will of the bond-holders
dictated by the Rothschilds and gen.
tlemen of Wall street, New York, who
have gulled labor, the bone and sincw
of the world to submit to a redemption
money based on gold alone, which if
piled together could be encased in q
single vault 22x22x22. In placing
the amount of value on gold, and
closing the minis against the coinage
of silver. we have reduced our prim-
airy money one-half, which being
the unit of vafue. reduces alike all
prosperity Of the world" All these.
and exhaustive other details. rs cited
by Mr.. Ellis. had led up to time
now when everybody wants to offer
relief, but don't know how. His rem
edy is this: I'VE want congress to
act at once and make 371i grains Of
pure silver the unit of value, and
open the minis of the United States
. ~ IL n