The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1896-06-13


is every Indication that their agree
ment will prevail in the legislation
necessary to carry it out.
Delegates to State Convention.
Colfax, La, June 6, 1886.
Pursuant to the call of the chair
man of the Democratic Executive
Committee, the Democrats of
Grant parish assembled in the
court house in the town of Colfax
this day in mass meeting.
H. G. Goodwin chairman of the
executive committee called upon
F. nj. Sharp to act as temporary
chairman, and ]. B. Lyman was
elected temporary secretary.
On motion of j. P. Hadnot q re-
cess of fifteen minutes was taken.
The meeting called to order after
recess, and on motion of Mr.. Had
not, G. H. Teal was elected perma-
nent chairman.
On motion of s. NJ. Lacroix, w.
G. Roberts, Esq, was elected per-
manent secretary.
Mr. Hadnot made a motion that
the chair appoint ten delegates to
represent Grant parish in the State
convention to meet at Baton Rouge,
June 18th, to elect delegates to the
National Democratic convention to
meet at Chicago in July.
H. G. Goodwin moved as a sub
stitute that the meeting elect the
delegates. Substitute voted down
and Mr.. Hadnot's motion was then
adopted by rising vote of 80 to 6.
Mr.. Hadnot presented q resolu-
ton instructing the delegates to
vote as unit. Adopted.
Mr.. Hadnot offered a resolution
instructing the delegates to vote
for resolutions in favor OF the free
coinage of both gold and silver at
the ratio of 16 to l independent of
the action of any other nation.
Mr.. GOODWIN offered as a SUBJ
stitute that the delegates be in
structed to vote for a single gold
standard. Substitute lost.
Mr.. Hadnot's motion was then
adopted.
On motion the chair was made
one of the ten delegates
Mr.. Hadnot offered the follow
ing resolutions:
In answer to the resolutions
passed last December branding the
demand for silver Legislation a
heresy, we, the Democrats of Grant
parish in mass meeting assembled,
would like to put ourselves on rec
ord as saying. an ounce of facts Is
worth a whole pound of Theory.
II is q fact that property and prod
uce have suffered the fate of silver.
Silver has not deprecated, but
gold has been legislated to a pre-
MUM. Relatively, agricultural
products and labor have been left
at a silver basis, while gold has
been unjustly overvalued. Again
it is fact, before the demonitiza-
ton of silver there was prosperity
in the country. Real Estate had
an appreciable value, and was a
basis for credit, deservedly SO, for
it is the only thing that pays it's
own way. Why should gold be the
only basis of our currency? The
issue of gold bonds is only piling
up a dangerous debt, without pre-
venting a constant depletion of the
special reserve. Paying out Dor
rowed money is not inanciering.
It is hard to convince the great
plain people that a single gold
standard is best when they under
stand all attempts to secure it only
reduces the value of their property.
their products and their labor. II
is silly to assert otherwise that sill
YER will be deprecated one hall
when they notice everything else
bears the same relation. So it il
simply gold going up to enrich the
classes while in the same ratio II
impoyerishes the masses. The hon
esty of the gold advocates is no
impugned. They are mistaken
that is all.
Therefore be it resolved, Tha
we as Democrats in mass meeting
assembled, pledge our fidelity AMI
fealty to the true Democratic prin
ciples az enunciated by Jefferson
and jackson.