The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-06-19

tdAc my St6uQ IN the communion OF
pelf with the rank and file of the Demo-
cratic party know the money inter-
ests are against us, but do hope that
the people of this land will not let Grover
Cleveland have a corner on the back
bone In this country and will let him
know that the American people will not
longer consent to be bullied.'
The convention adjourned until p.
m. Gov. Prince and ex-Gov. Tillman
address the convention at the after
noon session.
At the opening of the afternoon ses-
sion Senator J. K. H. Jones, of Arkan-
sas. chairman of the committee on resolu-
tons. reported the platform. 1t declares
for the unlimited coinage of gold and
silver at the ratio of Is to /; condemns
the act OF 1873 as a crime and declares
the cessation of silver coinage caused the
hard times.
YESTERDAYS LATE PROCEEDINGS.
At the conclusion of Senator Turpie's
address, F. B. Wade, reading clerk of the
house of representatives, was chosen per-
manent secretary. The roll was then
called for vice president, an majority
of the committee on resolutions from
each state was represented. The resolu-
tions committee included: w. ]. Bryan.
of Nebraska, Senator Jones of Arkansas.
Senator Harris, of Tennessee; Senator
Tillman. of South Carolina; Senator Mar
ION -. Butter, OF NOrCn CafOl1na: Alex
ander Delmar, of California, and Senator
Turpie, of Indiana.
On motion of Judge ]. H. Mcdowell. of
Tennessee the POpulist party was &C
corded representative on the commit
tee on resolutions.
Ex-Gov. Bradford Prince. of New Mex
leo, called attention to the fact that sew
eral Western and Northwestern states
did not respond to the roll call, which was
due, he said, to the fact that within a few
weeks the people of these states had held
silver convention at Salt Lake City, at
which committee was appointed to rep
resent them collectively at this gather
ing. The fact that delegates were not
present indicated no lack of interest in
the movement or sympathy with the sill
yer convention.
The chairman then introduced Hon.
Alex. Delmar, of California, who was for
merly director OF the bureau Of statistics
and mining commissioner to the mone>
tary commission of 1876, who unfolded
the history of demonstration.
EVENING SESSION.
At the evening session Senator William
Stewart, of Nevada, presided and intro
duced Congressman Joseph C. Sibley. of
Pennsylvania.
Mr.. Sibley was greeted with thunders
of applause, and in a two hours speech
aroused his audience to a high pitch of
peal for Independent political action in
1896, and occupied a good deal of time il
Illustrating the necessity of breaking
away from the old parties. His auditors
were evidently with him, for every at
tack upon Secretary Carlisle, the presi-
with a noisy demonstration, and every
time he asked the crowd if they would
remain with their old parties and contin-
ue the domination of the English money
power. he was greeted with a chorus of
noes" He paid his respects to the
president, to Secretary Carlisle, in very
plain language, calling them traitors
for their part In the conspiracy to de-
monetize silver and fasten upon the
country the hardships of a gold stand
ard. All such outbursts as this were
greeted with tumultuOus applause.
1--WE must win this fight in 1885," con-
tinued Mr.. Sibley, ''or we lose it beyond
the lifetime of my generation or the one
that follows it. You cannot put this
fight off beyond 1896 and win it. If the
monometallists win, then comes the re-
tirement of greenbacks, the forming of
100000 letters on our industries. There
are other great questions to be consid-
cred, but they are insignificant as COM
pared with this. If we lose this fight in
1896, two great conditions are to be fear
ed-the Reputation or revolution. The
one or the other is sure to come"
Mr.. Sibley expounded the four polit-
ical axioms which he said contained the
result Of his study of the money question
they are:
First-Double the volume OF money
and you double prices.
Second-Divide the volume Of money
and you divide prices.
Third-Doub1e the volume Of money
and you divide the debts.
Fourth-Divide the volume Of money
and you double the debts.
At the conclusion of Mr. Cihlo1,,c
speech, there were persistent calls for
Mr.. Bryan, of Nebraska, but that gen.
tleman evidently desired a more favor
able opportunity and more time in which
to deliver his views upon the silver cues
ton, for he declined to respond. Then,
Charles S. Thomas, of Denver, occupied
the remainder Of the time of the evening
session.
At the conclusion of Mr. Thomas
speech the convention adjourned until
tomorrow.
Memphis June 14.-Immediately after
the silver convention was called to order
for the afternoon session Senator J. K.
Jones. of Arkansas as chairman, pre-
sented the report of the committee on
resolutions, which he read as follows:
Silver and gold coin have always con-
stituted the money Of the world, were
the money Of the fathers Of the republic,
the money Of history and Of the consti-
tuition.
THE universal experience Of mankind
has demonstrated that the use of both
silver and gold coin as money constitutes
the most stiple standard Of value and
that the full amount Of both metals 10
necessary as q medium Of exchange.
There is no health or soundness in q
financial system under which q boarded
dollar is productive Of increase to its pos
SCISSOR while an invested dollar yields a
constantly diminishing return. and under
which fortunes are made by the accre-'
tions Of idle capital or destroyed by q
persistent fall in the price Of commodi>
ties and a persistent dwindling, in the;
margins Of profits in almost every;
branch Of useful industry.
Such system is premium upon sloth:
and a penalty upon industry. and such a.
system as that which the criminal leg
islation Of 1873 has imposed upon this
country.
The bimetallist's standard Of silver
and gold has behind it the experience of
ages and has been tested and approved
by the enlightened and deliberate judy
ment Of mankind. The gold standard Is
departure from the established policy
Of the civilized world with nothing to
commend it but % years of depression
and disaster to the people and extraord-
mary accumulation Of wealth in the