Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-05-14
BELTOR DEMOCRATS FOR SILVER
CONGRESSMAN PENDLEToN WAS
ELECTED CLUB CHAIRMAN.
THEY DECLARE IN oUTsPoKEN
LANGUAGE FOR SILVER COIN
AGE AT A RATIO or sIxTEEN TO
oNE-DoNtT WANT TO WAIT FOR
ANY AGREEMENT.



The Democratic blmetnlllc club OF
precinct No, /, Bell county, organized
In the district court room last night
The object OF the club Is for the pur-
pose Of advocating In the Democratic
party the free coinage Of both gold and
silver at the established ratio OF IL to
/, without reference to international
agreement and OF recommitting the
Democratic party In all Its future con-
vcntions and platforms without equlvo-
cation or ambiguity to that financial
policy.
Congressman George c. Pendleton
was elected president OF the club and
accepted the position in a speech in
which he strongly advocated the free
coinage of gold aud silver at the estab-
llshed ratio OF 10 to /. H. Il. Bradford
was elected vce-president; John b.
Durrett secretary. and Wlnbouren
Pierce assistant secretary.
Resolutions were adopted as follows:
Whereas, the last twenty years have
witnessed a continuous aud seldom In
tcrruptcd decline In p.lce OF all the pro-
ducts Of labor, and
not be attributed to overproduction or
diminished demand or to improved pro-
duclng machinery for all these causes
were In operation at former periods
OF our history ard did not produce like
results, and
whereas, this condition has brought
ruin to many and diminished prosper
ity to all producers, and
Whereas, this decline in prices Ia
worldwide and points to some general
universal underlying cause, and
Whereas this condition began with
the decentralization Of silver by the
United States, and
Whereas, as partial prosperity in
this country was contcmpOraneOuS
with reconciliation and limited re-
stpratlon at the mlnts under the Bland
act. and
Whereas. the repeal Of that act by
the passage OF the Sherman law OF
1880 again unfettered all the forces Of
contraction and destruction. and has
! brought the people to such condition
| that they must choose between q
change in financial policy and financial
| slavery, and
Whereas, as honest mon we seek no
| change TINT would do Injustice to
| either creditor or debtor, but we believe
that conditions which require a larger
amount OF products each year to pay
A'hNN Nlll lhNfA Is ullNlN lhIllNl 70
| creditors and unjust to debtors, and
Whereas, the contraction OF the
money volume In which the price OF all
| products are measured by the demonl-
| ti2ation Of silver has brought about
| the result, and will. unless checked
transfer all the property OF the country
TO the owners of the money volume.
and
whereas. such result IL unendura-
! bic TO free men, ana calls for our most
earnest endelvors in opposition. There
| fore be It
Resolved. that we the Democratic
| voters Of Bolton. proceed to organize
! ourselves into a club with the purpose
| OF rccommlttlng the Democratic marty
/ to the free and unlimited coinage OF
| both gold and silver nj the old cstab-
! llHhcd ratio Of l6 OF silver to OF gold,
| because we are taught by statistical
| reports, supplemented by long expert,
| cnce, That this "a the ratio at which
| these metals whore equally treated at
/ the mlnts VIII circulate ON parity,
/ and be II further
/ Resolved, that we repudlate and
/ spurn all charges Of natlsm or sym
| patty with any form of repudlatlon,
| and we are equally opposed to dollars
/ which represent greater or less
! amount Of value than the debtor has
| promised TO pay; we therefore equally
condemn either gold or silver mono
{ metallism, but we believe a demand
created by the free and unlimited coin
/ age OF silver Will restore and preserve
| IT'S parity with gold and would arrest
| further decline In the value Of products
and restore to us our former prosperity.
BE II further
Resolve, that while we would henrtily
Welcome the friendly cooperation
or other governments In bringing about
! munltl2ation, we are oupoged 10 nnv