The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-05-20
SILVER RESOLUTIONS
The Salt Lake Conference Is
sues an Address to the
People.
NO AGGREGATION OF THIEVES
Trying to Swindle the People
a. Of the Country With Fifty
Cent Dollars.

SALT LAKE, U. T., May 20.-The sill.
yer conference just before aGjourning,
unanimously adopted the following re-.
port of the committee of resolutions and
address:
To the People Of the United State:
We desire to say that the people
whom we represent are not an aggre-
CATION Of thieves seeking to swindle
honest creditors with 5O-cent dollars.
There are no more patriotic citizens Of
the American republic than those ac-
tive, earnest, energetic men and women
who have left the comforts of their
Eastern homes to build the highways
of national progress in the Far West.
If they believed that the complete res
toration of silver would operate
as AN injury to the country
as whole, or an injustice
to any class, regardless of its local
effect in this Western region, they
would at once and forever abandon the
demand.
The greatest good to the greatest
number is their motto and it is in this
spirit that, irrespective Of party affilia.
tlons, they present themselves almost
as a unit demanding the free coinage OF
silver and gold at the ratio of l6 to l,
with full legal tender functions ac-
corded to each and no discrimination
against either
1t is not as silver miners, but as citi.
zens Of republic, mindful Of its every
interest, that we take this position.
The representatives from California,
Oregon and Wyoming, which produce
little or no silver, feel that their peo.
pie have been as deeply injured by the
demonetization of that metal as those
living in any state or territory in which
silver mining is a leading industry.
In making this demand we are asking
for nothing new. The monetary system
of this country was founded not upon
gold alone-not upon silver alone-but
upon both silver and gold, at certain
cato to each other, without Limitation
upon the coinage Of either, and each
standing upon equal footing before the
law.
The system was founded by Hamil
ton, sanctioned by Washington and
jefferson; its wisdom and justice ques
toned by none until the year 1878. In
that year, without notice to the people
the standard silver dollar was dropped
FROM the coinage Of the country an6
debt therein existing, public and pri
vate, aggregating thousands of mill
ions of dollars, was made payable in
gold alone.
Men that have intelligence enough
to comprehend its significance and still
oppose the undoing of that wronl
should be exceedingly careful how they
accuse other people of dishonesty.
1t was the great money power
of the world that thus stealth
lily destroyed the time honoret
monetary system Of our country
Those men who own and control vas
sums of money and debts payable il
money understood that if silver coult
be destroyed by stopping its coinag,
and limiting its legal tender, thei
claims thus being payable exclusivel.
in gold or its equivalent, the gold itsel
would become more valuable. They un
derstood perfectly that gold dollar will
silver dollar by its side. sharing it
functions and meeting part Of the de
mand was an entirely different meas
ure Of value from what that gold dolla
would be standing alone. They knew
that by the inexorable law Of suppl,
and demand, the value of gold must in
evitably rise, while the value of ever,
other species Of property must just a
certainly fall.
This is exactly what has taken place
The business of the world is done upol
money basis. It is measured in term
of money.