The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1895-06-15
COLFAX GRANT PARISH, La, SATURDAY, JUNE l5 IS:

duce; because such transition from the
gold to the silver basis would destroy
public and private confidence, and would
involve the country in such panic, con-
fusion and distress that the products OF
agriculture and the wages Of labor would
be unremunerative, the business Of CON-
merce would become Improbable and
our people engaged in industrial occupa-
lions would be thrown out OF employ
ment; because there u not q progressive,
an enlightened country in the world
which has not elected gold ~ the prefer
able standard; because gold-standard
countries retain silver in their circulation
on parity with gold. whereas there il no
silver standard country which does or
can utilize gold "a money; because there
10 not silver country on the globe where
the wages Of labor are sumcient to sus-
and finally becasue the high destiny Of
the United States demands for the use of
the American people that money which
experience has taught mankind to be
the best suited for the promotion Of COM
merce, the development Of manufactures,
the encouragement OF civilization.
4. We would rejoice over the adoption
of real bimetallism, but in view Of the
| continued fluctuations in the price Of sil.
yer in the open market We realize that
it is impossible for the United States in
dependently TO adopt bimetallic stand
ard, and We deem it unwise and hazard
ous to the best interests Of its people for
this country to attempt it's establishment.
We favor the policy Of this country stand
i = Al - - I'll
to cooperate with the other powers in
any effort they may inaugurate looking to
the adoption Of true bimetallism, but in
operation 10 insured to maintain invi0late
its existing standard OF value.
5. We favor the retention o. part Of
our money the silver now coined, and in
order to give wider field for the use OF
silver we favor the funding OF all money
other than silver and silver certificates
below the denomination Of ten dollars
into higher denominations, 30 as make
our entire circulation below the denomi-
nation OF ten dollars, either silver or sill
yer certificates; and to this end the secre-
tary of the treasury should be authorized
by law to coin from time to time % the
people may require them silver dollars
u0ll1 the O00duu VI COtuus0S V AOA HlsOASCy
below the denomination OF ten dollars u
at all times satisfied.
The third, fourth and fifth art
icles of the constitution we're adop-
ted without discussion. The third
provides that membership shall be
open to any white resident of
Louisiana; the fourth that the off,
GERS of the league shall consist of
a president, ten vice-presidents, q
secretary and treasurer and an as
sistant secretary and treasurer, and
the fifth that the executive COM
mittee shall consist of the officers
of the league; that a financial COM
mittee shall be appointed, compos-
ed of three members: that q COM
mittee of three be appointed on
literature and publications, and
that committee of three shall be
appointed on lectures and public
meetings.
j The tenth article of the bylaws
was amended 80 that the league
will meet the second Monday in
each month, instead of quarterly.
All the other articles were adopted
except the thirteenth, relating "a
dues, that being erased. The by.
laws provide that quorum shall
consist of seven members and that
branch leagues may be formed in
various parts of the city or State
with the approval of the executive
committee.
u A motion was made and duly
seconded that the officers tempora.
rily elected at the last meeting be
formally elected, which prevailed
i A motion was made requesting
the Picayune to republish an ar.
ticle appearing on the editorial
page Tuesday, April 30, and en-.
titled "Plain Peoples Money" and
that the reproduction occur on tht
, day of the next meeting. This
prevailed.
After vote of thanks was ex
tended to the Chamber of Com
, | MERGE for the use of it, hall, thu
> meeting adjourned.
Some time ago was taken sick with
!, cramp in the stomach, followed BY diaS.