The herald., 1895-06-13
Statesmen From All Parts OF
the Union Present
A POLITICAL SIDE ISSUE
The Convention Hay Boom Sibey for a
Presidential Observation-Disclosures Del
mar Of California, Senator Turpe
and Others Discuss the e-Finan-
cial Question at Length.
Action to Be Taken
Today
Press Special Wire.

representing twenty states of the south
and west began two-days' convention in
this city today. Fifteen hundred dele
gates, comprising Democrats, Republicans
and Populsts but with "honest money
as the slogan of all, filled the lower floor
and large portion OF the balconies at
the Auditorium, where the gathering was
called to order this morning. On the
stage , besides the officers OF the Central
Metallic League OF Memphis, under
whose auspices the convention was held
with a very few exceptions, all the lead
ing advocates of the free coinage of silver
in the United States were gathered.
They included Senators Date and Har-
rison of Tennessee, Jones and Berry OF Ar
Kansas, George and Walthall OF Mississip-
pi, Marion Butler OF North Carolina, Tur-
pie Of Indiana, Governor John &. Evans
of South Carolina. ex Governor Prince
OF New Mexico, Ex-Governor Eagle OF Ar
kansas, Congressman Bryan of Nebraska,
General A. ]. Warner of Ohio, Q. :.
Thomas and Alva Adams of Colorado,
Alexander Delmar OF California and con-
gressmel1 and bankers from Tennessee
and adjoining states by the dozen.
The number of people in the Auditorium
today was not as great as greeted Secre-
on May 80. but the demonstration was
equally imp Jsing and enthusiastic as the
one witnesse d on that occasion.
A permanent organization was effected
with Senator Turpie Of Indiana as chair
man, and addresses were delivered by
that gentleman and Alexander Delmar
of California in the afternoon, a Pennsyl-
vapia congressman and g. S. Thomas of
Denver and Anson Walcott OF Indiana in
the evening.
Tomorrow will be devoted to speeches
by some OF the distinguished visitors,
and the consideration of the report OF the
committee on resolution of which Sen
tor Jones OF Arkansas is chairman.
Politically the most significant event of
the DAVIS proceedings was the clear and
emphatic statement of Senator Harris OF
Tennessee, who, it has been very clearly
demonstrated, is the cOntroiing spirit in
the convention, as to the object OF the
gathering and the single subject to which
it is expected to contine it's deliberations.
The strength of the men who are for sill
yer first, last and all the time. and whose
purpose to advance the candidacy OF Con-
gresham Sibley of Pennsylvania for the
presidency. has been frequently mani
Tested, is formidable, and the result of
the encounter between these two oppos-
ing forces the conservative and the rad
ical silver men, as it will be shown in the
declarations of the convention, is watched
with great interest.
Fully 1000 delegates we're present in the
auditorium when at 2:15 o'clock, W. n.
Brown OF the Central Bimetallic league of
Memphis, called the convention to order
and introduced Judge l.. II. Estes of
Memphis, who Offered up prayer.
Colonel Casey's Prediction
Colonel Casey Young extended the usu-
al greetings to the convention and saluted
the delegates as advance guards of
mighty army to overthrow the power
more ruthless and rapacious and mora
burtful to human happiness and prosper
ity than any despot that ever ehackled
liberty and oppressed mankind" Con-
tinuing, he said: The forces of the
grandest revolution that ever hurled a
despot from power are gathering for tn }
onset that will sweep every enemy into
the dark sea of defeat. The invincible
legions that head 1t will never. halt or
waver untilitheir standards are planted
upon the shores of evsry sea and their
banners float in triumph over the people
of England.
They will never lower their flags nor
sheath their swords until the mighty con
fict is ended and the glorious victory
won; not uhtil the temples of Mammon
are turned into sepulchres for the burial
OF greed and avarice, and let us be hope.
full. for the sake OF suffering humanity,
that the angel of resurrection will never
nnseal these tombs.
In the beginning OF the struggle which
gave separate nationality to the Amer
lean colonies our ancestors gave to the
world Declaration OF independence that
rang like bugle call through every land
and awoke the slumbering spirit OF lib
erty among every people. The descend
ants of these heroes and patriots are
about to send forth another Declaration
of Independence to the nations of the
al
tenn and legislation for the good and hap
piness of their own people. Again,
champions OF worthy cause, leaders of
righteous revolution, / welcome you to
the Queen City of our inland seas. and in
the name of your country's breth rem, bid
you God speed in your work"
Colonel Young has been a leader OF the
local silver forces for years, having made
> contest for Colonel Patterson's seat in
congress on that issue in the last cleo
tion. His remarks were received with
applause.
Senator Turpie for Chairman
: President Brown then called for nomin-
ations for permanent chairman, and Sem
ator Turpie of Indiana was selected.
The distinguished senator from Indiana
was warmly received. While he bears his
sixtv-eight years lightly, his voice was
showed that the warm weather made the
task OF delivering an elaborate address be-
fore the convention "a difficult one.
After Senator Turpio had been elected
by acclamation he resumed the chair,
and addressed the convention.
Mr.. HarrisIof Tennessee then nomi-
mated Senator Turpie of Indiana perma-
nent chairman. The Indiana senator was
cordially received, and addressed the
meeting as follows;
'.Mr. President and Gentlemen of the
Convention The coined money of the
government in full meaning stands four
square to all commercial transactions OF
the people. 1t has four functions or uses.
1t is a medium of exchange; it is a me-
dium of values it is means of red uc-
tion OF its paper proxies; it is legal
tender for the payment of all debts.
There are many things beside coined
money that have some of these powers
and use-it has all. OF these functions
two are created by law-those of legal tea
der and redemption; these are artificial
The other two of exchange and value
measurement are natural. There is no
doubt that coined money existed and was
used to effect exchange of comodities and
to denote the values long before legisla-
zion cnncerling redec. ption or debt.
But although the natural functions OF
coined money are older-much older
than ita artificial flnctions vet bnth