The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-01-24
THE MONEY POWER DENOUNCED
And a Declaration Adopted by the
Silver Conference.

washington, Jan. 23.-- The Silver
Conference to-day resulted i'm an ami
mated discussion of the financial sit
uation and the policy to be pursued
by the friends of silver.
During the discussion considerable
feeling was aroused by some of the re-
marks made by GenaFsl Hatch, of Mis-
souri,, in which he stated i'm effect that
IT the Populists of Kentucky had done
their whole duty the election of Mr..
Blackburn to a seat in the United
States Senate would not now be a mat
ter of doubt. Gen. Field, of Virginia.
and others made heated replies. Mayor
Turner, of Lansing, Mich, and Sena-
tor Stewart, of Nevada, also addressed
the convention.
The committee ON resolutions, OF
which Senator Jones, of Nevada is
chairman submitted its report consist
ing OF an unusually long preamble and
ending with the following declaration:
BE it resolved, That over and above
all other questions of policy, we are
in favor OF restoring to the people of
the United States the time-honored
money of the constitution-gold and
silver, not one but both-the money Of
son and Monroe, and Jackson and Lin
coin, TO the end that the American
people may receive honest pay for an
honest product; the American debtor
pay his just obligations i'm an honest
standard and not in a standard that
is appreciated one hundred per cent
above all the great staples of our coun-
try; and to the end further, that sill
yer standard countries may be depriv-
ed of the unnatural advantage they
now enjoy in the difference in eX-
change between gold and silver an
advantage which tariff legislation a.
lone cannot overcome.
We, therefore. confidently appeal to
the people of the United States that,
leaving in obeyance for the moment
all other questions, however. impor-
tant, even momentous they may APP
pear, and sundering. if need be. all
former party ties and affiliation, that
they unite in one supreme effort to
free themselves and their children
from the domination of the money
powerAa power more destructive than
any which has ever been fastened upon
the civilized men of any race or in any
age. And upon the consummation of
their desires, and efforts we invoke
the gracious favor of Divine Provi-
dence.'
The conference decided upon the
apportionment of delegation TO the
National Silver Convention as follows
Arkansas. 30; California, As; Colora-
do, 70; Indiana, 40; iowa, 50; Louisia-
ma, 80; Minnesota, 30; Mississippi. 25;
Missouri 45; Nevada, Is: North Caro-
lima, 70; South Carolina, 35, Texas. 20;
Virginia. 40; West Virginia, -: Wis
consin, -; | Utah. 20 South Dakota, Is;
Oklahoma 10; Indian Territory, 5;
Alaska. 2.
THE REPUBLICANS SIGN If.
Washington, Jan. &3.-The RepubIi-
can silver Senators to-day signed a
declaration which is intended to beused
in the coming campaign as the de-
mand, which the silver men viii make
for a plank i'm the National convention.
In the preamble il is recited that the
present financial system endangers the
industrial prosperity Of the United
States, which is threatened by China,
and Japan as result of the decrease in
the value of silver and the difference
of each of the gold and silver using
countries 1t is therefore resolved that
the signers of the declaration favor the
free and unlimited coinage of silver at
a ratio of f6 to /
1t is also resolved that they favor
tariff which shall equalize the differ
ence in the cost of labor between the
countries of Europe and Asia. 1t is
the purpose of those who are circulat-
ing the declaration to get all the Re
publican silver men in Congress to
sign it.