The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-06-14

MA, chairman, presented tho report oi
tho committee on resolutions, which hD
road ~ follows:
Silver nnd gold coin have In RlI ages
constituted tho money Of tho world.
were tho money Of tho fathers Of tho 70.
public. tho money Of history aud OF tho
constitution.
Tho universal oxDcrcnre OF mankind
has demonstrated that tho joint uaD OF
both silver and rold coin ~ ono money
constitutes tho most stable standard OF
value. and that tho full amount Of both
motnls Is necessary ne n medium OF OK.
change.
Tho domonetization OF either Of these
historic money metals means IN uppre.
CiatiOu from tho valuU OF money, II fail
in tho prices OF commodities, u dimi.
mutton 0i tho profits OF Legitimate busl.
moss, n continuing increase IN tho bur.
den OF debts. n withdrawal Of ImOngy
from tho channels Oi trade aud indus.
trr. where It no longer ylrldS satG and
suro return md its Idle accumulation in
tho banks and IN the great luonaY con.
trcn oi tho country.
There ia no health or soundnGss In 4
financial system nudcr which hoardGd
dollar Ia productive OF incrca'o 10 ito
poHsG,sor. while au invested dollar
yields Il constantly diminishing ra,nru
aud undGr which fortunes arc tnado by
tho accretious Of dc'canital or destroy
ed by persistent .atl in tho priCe'ot
com mOltiOE and persistent dwindling
in tho margin OF profits in almost every
branch Of uFGtnl industry.
such n system Ia u premium upon sloth
and pcnnlty upon industry, md such
system IL that which the criminal
legislation OF 1873 had imposed upon
this country.
Tho bi.mctallists standard OF silver
and gold has behind IL tho experience
OF ages, and has been tested and np-
proved BY the enlightened and delibcr.
Rte judgment Of mankind. Tho gold
standard is departure from the ostab.
liIhcd policy OF the civilized world with
nothing to commend il. bus twCnty-two
years OF depression and disaster 10 the
propIe and extraordinary accumulation
in tho hands OF the few.
There are some facts bearing upon
this question recognized and admitted
by ali candid men whether advocates Of
bi.mc.allsm or Of the single gold stand.
ard, Among these is tho fact TINT
from the very wear that marked the
change from tho bi.metallic TO the sin.
gle gold standard is tho very year that
marked the change from condition Of
rising prices, largo profits, general con.
,entmcnt aud general prosperity, TO n
condition OF falling prices, dIminutive
profits, insecurity oi investments, un-
employed labor and 4 heavy depression
in all branches OF trade and industry.
It Is not matter OF dispute, even
nmong tho honest advocates OF the gold
standard that general prosperity came
TO an end with the destruction o! the
bi-metallc system, aud that hard times,
falling prices. idle workingmen and
widespread depression came in with
tho gold standard mud prevails to-day
wherever the gold standard has been
adopted.
Believing that it is absolutely ncces.
sary to reverse the iniqultous and ruin.
Gus policy. We. therefore,
Rtsolw, That We favor the immediate
restoration OF silver TO its former place
as II full legal tender, standard money.
equal with gold. and the free and un-
limited coinage oi both silver and gold
a. tho ratio OF l6 to l aud upon terms
OF exact equality.
That while We should welcome tho
cooperation OF other nations. We be-
lievc that the United States should not
wait upon the pleasure OF foreign gov.
crnments or the consent of foreign
creditors. but should themselves pro.
cecd to reverse tho grinding process"
that is destroying the prosperity oil the
people, and should lead by their ex.
ample the nations OF the earth.
Under tho financial policy which
now prevails wesee the land filled with
idle and dscontcnted workingmen and
an over-Growing army of trnmps-men
whom lack OF work and opportunity
have made outcasts and bcg:art. At
the other end We find that few thou
sand families own half tho wealth OF
the country. The Capitalization OF
wealth has gone hand in hand with the
spread OF poverty The pauper and the
plutocrat are twin children OF tho same
vicious and rnholy system. ! hc s,ua.
ton is full oi menace TO tho liberties OF
the people aud tho liin OF the republic.
The issue is euiranchisomcnt or hope.
less servitude. Whatever the power OF
money chn do by debauchery md cor.
ruptiou to maintain its grasp on the
law.masing power will bc done.
We, therefore, appeal TO tho plain
people OF the land with perfect cont.
lcnce In their patriotism and iuielli.
gence to arouse themselves 10 iull
sense oil tho peril that conlron,s
them and defend tho citadel of their
liberties with 4 vigilance that shall
neither Elumber nor sleep.
Tho reading OF the resolutions was
frequently interrupted by ,umultuous
applause and they were adopted with
Eurrah without discussion.
Tho following resolution was also
presented and adopted:
Ecsoicci. That II committee composed
Of one member from each state Do ap-
pointed by tho delegates thereof in this
convention whose duty it shall be to
correspond with tho representatives
and advocates of bi.mctnli-m and BIZ
metallic societies in tho different Soc
,iOns OF the union. and devise measures |
to advance the cause OF bi.metaIli-m |
throughout tho United States.
TE0t this committee shall havo power
to cnu.c national conference OF bi. |
motallists whoucvGr, in tho opinion OF
tho committee, the cause Of bi.metaIlism
can bo advanced thereby. Said CON.
mttGc shall hayo the power to fill all
vacancies.
In rc,ponsn to repeated Calla from the
audience Senator Jones, Ut Arkansas,
advanced to tie front OF the slaso.
81 had no Idea" he said. 'oi making |
=, n'hn r,ynIp,inr1 ,,,sr,,I |