Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1895-05-30
EDITORS BANQUET
sEw YORK DEMOCRATIC EDITORS
EAT AT DELMONlCO'S.
u Letter From President Cleve-
land, In Which the Presi
dent Oiscussea the FL
ciRl Question.
SENATOR HILL MAKES A SPEECH.
The New York Senator Discusses
the Question of silver Coinage
7 Controller Eckcln Speaks.

New York, May 26.-Thc two days
to an end last night, when banquet
was rendered them at Dclmonico's.
The banquet hall was taxed to it's full
capacity, covers being laid for $50.
Col. William Brown played the role
of POSTMASTER. After the banquet
Col. Brown, in witty speech, intro
duccd John a. Mason. who thanked
tie Democrats of Gotham for their
hospitality to the visitors. Mr.. Mason
then read letter from President
Cleveland which evoked turnultuous
applause Afetcr expressing regret Mt
his inability to be present, the presi-
dent i'll his letter, said:
when a campaign is actively on
foot to force the free, unlimited and
Independent coinage of silver by the
government. at a ratio which will add
to our circulation unrestrained mil
lions of so-called dollars, intrinsically
worth about half the amount they phr-
port to represent, with no provision or
resource to make good any deficiency
III value, and when it is claimed that
such a proposition has any relation to
the principles of Democracy, 1t is time
for all who may in the least degree in
tluence Democratic thought to realize
The responsibility. Our party is the
party of the people, not because 1t is
waited hither ind thither by every
sudden wave of public popular excite
ment and misconception, but because
while it tests every proposition by the
doctrines which underlie its organiZa-
ton. it insists that all interests should
be defended in the administration of
tEc government without especial favor
Or discrimination.
"Our party is the party of the pco-
pie because in its care for the welfare
of our country, it resists dangerous
schemes born of discomfort. advocates
by appeals 10 sections or class preu-
dices, and reinforced by the insidious
acts of private selfshness and cupid
ity.
above all our party is the party of
the people when it recognizes the fact
that sound and absolutely safe money
is the life blood of our country's
strength and prosperity. and "hen it
teaches that none Of our fellow citi-
zens, rich or poor. great or humble,
can escape the consequences of
degeneration of our currency. Demo
cratic care and conservatism dictate
that if there exists inconvenience and
hardship, resulting from the congeS-
ton and imperfect distribution of our
circulating medium, n remedy should
be applied which will avoid the dis
,stcr that must follow i'll the train of
silver mOnometaiiiSm.'
Senator Hill, in responding to
toast, said:
THE question that is now creating
the most burning issue in our national
politics is the silver uestion, and on
that l wish to say few words. If
the resolutions adopted by the dele.
gates to the national conventions held
by each Of the two great parties in
1892, and the resolutions adopted by
+. those same parties represented in sew
eral state conventions Of 1894 are any
indication. it is plain that the voters
OF the country generally prefer the BIZ
metallic system Of coinage that pre-
vailed in the United States before
1913. Nearly every Democrat and Re-
publican demands parity in purchns-
Ing and debt-paying power of the
coined dollars. l am not in the coun-
ellis of the gold monometallists but if
were | would suggest that they are
nrcj,ldicing the cause of safe and
sound currency at this moment by
tagging over immatcrial incidents, us
for example. whether under the coin
Hge Of 1902, the silver dollar was The
Snit of value
Controller of the Currency James
81. Eckels spoke to the toast "SounG