The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-05-24


money convention which met here this
afternoon, Is much bigger affair in
point Of attendance than tho most san
gaue OF lis projectors had anticipated.
There arc thousands Of visitors In tho
city aud the number OF delegates 10 be.
.Weon ninc hundred and one thousand.
They are still coming Ia aud the enroll.
iuy secretary eau as yet form no acccu.
r,.s estimate OF the number. Upwards
o! 5000 people were present at the Au.
di,o,ium AZ 2:l5 o'clock when Chair
man ". J. Crawford called the conyen-
ton TO order. While the gathering was
eaectnc an organization aud getting
down TO business, tho crowd gradually
dlled up the vacant seats and by the
time Secretary Carlisle began his ad-
dress, the large hall, with seating ca
p.ciiy OF 5000, was comfortably filled.
Mr.. Richard Il. Clark. OF Alnbams,
presented the name OF Congressman
Csirhings for permanent chairman, in
nea. and highly complimentary
speech. Tnis convention, said Mr..
CLARK, WAS IN evidence that the people
did no: believe in debased money, and
do not wan. 10 be dragged down to the
level OF Mexico and China. Tho people
represented in this convention believed
N the just aud equitable use OF silver
IS money metal, but they would not
te!yer the country TO syndicate ot mine
owners, or place in jeopardy the bust.
ues, interests OF the country because oil
crize-a condition OF public 'senti-
msRi which he likened to prairie fire,
which would feed upon chat and soon
burn out.
Alter the selection OF G. C. Matthews.
associate editor OF the Commercial.
Appeal. as secretary. q committee on
;e.olntIons was appointed, and, on mo-
ton OF U. NJ. Ro,e. OF Arkansas, q dele
gate from each OF the states represented
vas appointed without debate.
Secretary OF the Treasury John G.
Carlisle was then introduced by Chair.
man Ca,cnings. and. as tho distin-
eu.hed kentuckian stepped to the
i'ons Of the stage, the audience rose 10
lie fee. aud cheered Enthusiastically for
several minutes.
SECRETARY CARLISLE
Secretary CatlisIe's address was on
the same line as the one delivered at
CovinGton, Ky, on Tue.dsy, and which
has been published in full, the entire
ground being covered rs in that dcliy-
cry: Among other things, the secretary,
to-day, said:
II do not charge tha. our fellow cl,i.
Lsns who propose TO revolu,ionize our
monetary system really desire TO see
The business OF the country ruined or
sren I'M ured, but, In my judgment, the
!esuIts would be most disastrous, and,
therefore, appeal to thom to carefully
review the ground before it istoo late TO
correct possible mistake upon a SUBJ
Isc; Of suCh supreme importance TO
themselves and thoir posterity."
The secretary reviewed mt somo length
The history OF the uso OF gold and silver
az moneys. and went on 10 say that tho
percentage OF coin actively employed in
Conducting business In this country Is
so small that il is almost inappreciable;
so small, IN fact, tina. Its disuse In our
uansac;lons would not be fel. II we had
a'l0sistute for or paper representative
OF the subsidiary pieces. Although ve
Give tho gold standard in this country.
CIT actual stock OF gold bullion and
coin amounts to only about one-third
OF our actual currency. Il condition OF
itifs which would have been incon-
esiTl1!e few centuries ago. Our gold,
!i..esal tender silver, old United States
hoses, treasury notes. bank and sub.
.!dary silver coin aggregate Sl,S0i. TO7.-
~, exclusive OF tho minor coin, and
every dollar OF this vast amount is kept
t11h! in value to the standard cstab-
!ished BY law. II Ia contcDdcd by many
advocates OF free coinage that tho effect
oi their policy 10 not TO abolish the
ptt'en. standard oil value and substi-
'uto .he single standard In its place. but
lhlt II would establish whn. they call
o'inetaIlism and double standard. ]
eonie'' my inability to understand what
Ia meant by double standard, because !
cannot conceive how it is possible 10
haTs Two different legal measurcs OF
the same thing at tho same timo-as.
lof Instance, L pound woi Ching slItocn
ouacei and another eight Ounccs.
BAD POLICY.
After quoting various author!tioa on
ihe subject OF bi.mctaliisn, Secretary
Carlisle said it Is proposed tina. the
InIIod States without the cooperation
nl any other government shall provide
by law that all silvcr bullion or foreign
silver coins that may DO presented At
ihe mint, by individual or corporations,
!9feiRn or domestic, ahall be coined. At
mo public expense, into silver dollara
a. The ratio oil lG TO wish gold, and
INA. tho colns 80 made shall ba doliv-
e'eI to those presenting tho bullion and
70 1Il tbs people Of tho United Stalos.
Hnt nobody else shall DO compelled by
II" to roceivo them no dollars Of full
Y7Ire, All who arc indebted 10 us.
'Ncfetorc, hnvo tho privilege OF paying
~ sitvnr, while all to whom wc become
'ai"Dtad are TO have tho privilege of re.
fllring ua to pay In gold.
Ihe attempt 10 coin tlic two metals
Tl;lOut the limit as 10 tho amount into
ll'' legal tcnder monoy and keep both
III circulation ht tho sams timo has been
made by nearly Gvcry civilized nation
,uI hms fNilOd In every ono Of them.
OHr country Ia not without expericnCo
H'on thin subject and tho rcslIlta horc
l'' tho samc an everyone else. All who
HAYO boon or may be induccd to givo
iAesf support to this revolutionary pol.