The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1895-06-21
The Fight for Silver Within the
Democratic Ranks.
WORK OF THE MEMPHIS CONVENTION.
Harmonious Ending OF What Promised to
be Disruption-FIght for the White
Metal Conducted Within the
Limits of Pure Democracy.

! speakers, the end was harmony and
there was no fight over the resolutions
after they were read to the convention
for the reason that they carefully
avoided any reference calculated to
produce discord. The resolutions ad-
vocate the free and unlimited coinage
of silver at the ratio of is to 1, declare
that international cooperation is not
necessary and attribute the recent hard
times to the demonetization of silver.
Although nothing was said in the
resolutions about abolition of party
lines as proposed by Sibley, Stewart
and others, the speakers yesterday *
most without exception, took care to
assert their democracy and to repudiate
any affiliations witch either republicans
! or populists. The resolutions follow:
The Resolutions Adopted.
Silver and gold coin have in all ages consti-
tuted the money Of the world, were the money
Of the fathers of the republic the money OF
I history and of the constitution.
The universal experience of mankind has
| demonstrated that the joint use of both silver
and gold as coin money constitute the most
stable standard of value and that the full
amount of both metals is necessary as
medium of exchange.
The demonetization of either of these his
! toric metals means appreciation in the
value of money, fall in the prices OF COM
modities, dimtnution OF profits of'legitimate
! business. continuing increase of the burden
| of debts, withdrawal OF money from the chan
/ nels OF trade and industry, where it no longer
i yields safe return and its idle accumulation
in the banks and the great money centres of
! the country,
| There is no health or soundneSs in fnan-
cial system under which boarded dollar is
productive of increase to it's possesser while
an invested dollar yields a constantly dimin-
! ishing return, and under which fortunes are
made by the acreations of idle capital or by
persistant fall in the prices of commodities
and persistant dwindle in the margin Of
profits in almost every branch Of useful in-
dustry. Such system is premium on sloth
and penalty on industry, and such system
is that which the criminal legislation of 1873
has imposed upon this country.
Representative Money Speaks.
Representative A. D. Money, of Mis-
sissippi, was one of the first speakers
yesterday. In his very first words he
repudiated the abolition of party lines.
He said:
am here. a silver man from the crown of
my head to the sole of my foot, and am
democrat all over. We find that the last con-
gress has failed to redeem its promises to the
people, and it has failed, why? Because OF the
congress.
You have been told that Andrew Jackson,
the grand old Te 1nessee pillar of strength,
was gold bug. If that is so we want to do
just what Andrew Jackson did, declare for the
free and unlimited coinage OF silver at the
ratio of 16 to l. The gold bugs with tell you
that the silver craze, as they call it, is about
over, but they will be greatly deceived If they
think so.
Mr.. Money was obliged to quit speak
ing early on account of sore throat.
Private John Allen, of Mississippi. fol-
lowed. Mr.. Allen said in part:
This is a contest between the best money, the
best property and the best labor, and for my
part prefer that which has produced the best
manhood in this country and take my stand
on the side of the people and OF labor as
against the idle holders of idle capital There
will be men in this convention who will taunt
you with listening to speech from that ex-
republican, populist Senator Stewart, but
when we looked in vain for help, to New York,
when our liberty at the polls was threatened,
we found it in Nevada. But 1 say to Senator
Stewart and others in this convention, don't
ask us to desert the democratic party. am
not one OF those who places party above pr1n-
clples, but do believe the safety of this coun-
try today lies with the great democratic party.
The great democratic heart is stirred to its
depths on this question The democratic ship
has not always had smooth sailing. Its hulk
has been battered and sometimes 1t has not
taken the right course, but we are going TO
put on new captain and new pilots and we
are going to sail to victory The democratic
party in its national platform is going to de-
clare for the free and unlimited coinage OF
silver.
Simon Pure Democracy.
The fight over the principles laid
down by Sibley in his speech Wednes-
day night, began early in the day, with
no less man than Senator Isham G.
Harris, at the head of the faction ad-
vOcating Simon pure democracy. With
him were Nj. C. Galloway, of Memphis,
formerly editor of the Appeal, and
Governor Clark, of Arkansas, besides
many others of political prominence, in
their own parts of the country. These
men said that they would secede from
the convention if it endorsed Sibley's
radical sentiments. Sibley said in mis-
speech Wednesday night that the time
had come to abolish the party in favor
Of the principle, and it was to this idea
the democrats took exception. They
declared that the democratic party was
strong enough in itself to champion the
cause of silver and they did not pro.
pose to turn over the convention to the
popuiists and republicans, although
these latter were welcome to the ranks
of free silver. The fight spread to the
room where the committee on resolu-
tions was holding its deliberations, but
fortunately it got no further. The
platform, as was originally intended.
tthe call being strictly non-partisan)
contains no mention of any party.
The convention adjourned last night
after speeches by w. J. Bryan, A. j.
Warner and Senator Wolcott
other Resolutions.
Resolved. That committee composed OF one
member from each state be appointed by the
delegates thereof in this convention whose
duty 1t shall be 10 correspond with the repre-
sentative advocates Of bimetallism and bime-
tallic societies in the different sections of the
union and Sevise measures to advance the
canse OF biahetallism throughout the United
States That this committee shall have power
to cause a national conference OF bimetallists
whenever. In the opinion OF the committee. the
cause of bimetallism can be advanced thereby.
Said committrc saall have power 70 an all Yes
esasies,