Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-08-08
4 silver state.

The proceedings Of the Democratic
state Convention Of Missouri on Tuesday
last indicate very clearly that there is
at least one silver State in the Inion'
and that that one is Democratic state
I, reminds us Of old times TO ina Mr.
Bland tsilver Dick) leading the forces OF
the froe-coiners. 1t was he who faith
cred the silver bin known as the
Bland BILL and II he and his associates
IN the House Of Representatives had only
he'd the foresight which leaders ought
10 have had. and i'm 1875 opened the mints
10 the free coinage Of silver at l6 10 l,
there would have been no hard times.
But. alas, halfway measure was al
lowed TO become the law Of the land, and
substantial monometallism to usurp the
nosition which ought TO have been occu-
MED by bimetallism. So II is, at any
rate: and we must accommodate our
selves to the new order OF things. Sill
yer no longer stands as the equal or
gold in the markets OF the world: and,
u we hope to utilize the white metal as
II ought 10 be utilized. we must provide
FOR international or cooperative free
coinage. Missouri is on the west side of
the Mississippi river, and her location
reminds us how near the so-called silver
States are 20 that empire state OF the
West. Indeed, her Democratic State
Convention acted as IL Missouri were
conable Of standing alone on the silver
question, as her great Senator Thomas
II. Benton, once did on another Ques-
ton.
The Missouri conventions resolutions
were preceded by a long preamble; but
this we need not comment upon. The
resolutions. or platform. are what we are
concerned about. Here IS the first reso-
luton:
"Reeolved. That we, the Democratic
party of tho state OF Missouri. in con-
vention assembled. demand the free and
unlimited coinage Of silver and gold into
primary or redemption money at the
ratio Of l6 TO without waiting for the
action or approval Of any other nation"
primary or redemption money" is
money that needs not 10 be redeemed.
In OtItF MUi4S, tllF AiASNBAAA DNiti''. az
are opposed to making silver dollars re-
deemable in gold dollars. And they
wish their sort Of coinage to proceed
without waiting for any other nation TO
agree with us in thus providing for in
tornational free coinage.
The second resolution reads as fol-
lows:
Resolved, That we are irrevocably OPP
posed 10 the substitution for metallic
money OF panic-breedng corpora
currency. based on single
metal. the supply OF which IL 50 limited
that IL can be corncred at any time by
a few banking institutions IN Europe and
America.
We hardly know what "a panic-breed-
ing. corporation-credit currency" IS; but
as a new State-bank system is nowhere
else spoken Of. it IS possible mot probable
that reference was here had 10 some
thing Of the sort.
Here is the third resolution:
Resolved. That we are opposed to the
policy and practice Of surrenderng 20
the holders of the obligations Of the
United States the option reserved by
law W inc EbFf ~ IAf MS "a
in either silver coin or gold
coin.
That resolution needs no explanation.
1t means that the United States Govern
ment ought to claim the right to pay It's
bonds in silver
The last resolution IS I'm these words:
Resolved. That we are opposed 10
the issuing of interest-bearing bonds Of
the United States in time Of peace. and
especially are We opposed 10 placing the
Treasury 81 the government under the
control Of any syndicate OF bankers and
the Issue OF bonds 20 be sold 10y them at
an enormous profit, for the sole pur-
pose Of supplying the Federal Treasury
with gold 10 maintain the policy OF gold
As at present advised, We are In favor
Of at least a portion Of this resolution.
What viii the conference Of Democrats.
TO be held in Washington a week hence.
say TO these resolutions?