The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-07-23

ton Which has been so destructive 20
the farms viii, in the end, be deStruct-
i've 10 the manufa cturers. We hope 10
see the wheat interests. the mining in
terests, me cotton interests ana the
manufacturing interests united against
The opponents of bimefallism. For, rec
Object that it is the dealers in money,
the dealers in products and the car
rierS of products thae have made a
union against the productive energies OF
the country, wheeler those productive
energies are displayed in cotton and
wool manufactures in New England
and middle states, the iron and coal
industries in Pennsylvania and the cot
ton industries OF the south, or in the
mining Of silver in the great west. and
we may rest assured that this country
viii in time pursue a policy OF enhght-
ensd self-inteTest. 1t will realize IT is
to it's interests as a producer OF over
one third of the entire silver of the
world, as the greatest debtor nation Of
the world, as the
GREATEST PRODUCING NATION
in the world to stop the depreciation
of gold; to stop the building up in value
of every unit of this four thousand mil
lions in gold, whose pleasant home is
in three foreign countries. And with
/ the change VIII come beneficient results,
not only to producers. but TO the bank
! ing, mercantile and railroad interests
which are now SO steadily opposing U.s.
They will realize that their prosperity
is based upon the general prosperity
Of the entire country and that the
prosperity of this country cannot con-
! tinue SO long as debtor and producing
nations recognize golsl ais the only
money metal and by their action build
up its value and increase the control
over the products of labor.
This campaign is to open up an
era of education, and in this work the
silver party enters animated by no sec
tional spirit; controlled by no feeling
of envy against the more prosperous,
but inspired by the desire to maintain
| a broad, American policy which shall
protect the interests of American pro-
duction, whether in the mining camps
of the mountains, the wheat fields in
the west, the cotton fields of the south,
or the factories Of New England. But
let US remember always in this con-
test that union is strength and that
the motto of our opponents is now, as
it has always been-tdivide and con-
queT.'
When the temporary chairman fin
. ished speaking roll was called by states
to get the names of committee on Gre
dentials.
The roll of states was called to ascer-
tain the names of delegates appointed
to the committee on resolu tons, perma-
nent organization and vice-president.
FROM TELLER.
The following telegram has been re-
ceived from Senator Teller:
Il N. Stevens. Southern Hotel, St
Louis-The money question overshad-
ows all others. On its rightful deter
mination depends the prosperity OF the
people and the perpetuity Of republican
institutions. All other questions must
be subordineted to 1T. A vote for Bry-
an an1 Sewall is a vote for the indus
trial and financial independence of the
American people, from foreign domi-
nation and control, and they should
have the support of all opponents of
the gold STANDARD.
III. NJ. TELLER.
Denver. Colo, July 22.''
The committee on resolutions met
and selected a chairman and then ad-
iourned till O'Clock, when a sub-com-
mibtee will be appointed to draft q
platform.
1t was 5 O'Clock when the convention
was called to order after the recess.
There were about 500 people in the hall,
including the delegates. A Kansas del
egate moved that the door keepers be
instructed to admit all the delegates
to the Peoples party convention. The
motion prevailed A committee of three
was appointed to notify the Populists
that they would be admitted without
tickets. The committee on rules re-
ported
THE ORDER OF BUSINESS
sho,1ld he the receiving of the report
of the committee on credentials, per-
manent organization, special commit
tees, platform and resolutions, nomina-
ton of candidates, and that the rules
governing congress be used so far as
possible in the running of the conven-
ton The report was adopted. The
committee on credentials reported that
there were no contests and approved
the credentials of all delegates, and
that all delegates be allowed TO cast
full votes. The report was adopted.
The committee on permanent organ
ization recommended that ". P. st.
John of New York be selected as per-
manent chairman, Charles A. Towne Of
Minnesota to be chosen for vice chair
man. and r. E. Derfendorfer OF Penn
sylvania for secretary. The report was
received with cheers and adopted.
A committee was appointed TO escort !
Mr.. ST John TO the platform. In talk
ing his place Mr. ST. John was greeted /
with : lree cheers. He spoke as fol- |
lows:
ST. JOHNS SPEECH.
Gentlemen of the Convention-The /
skill and efficiency of your labors in
the past have been rewarded by the (
adoption of your demand for legisla- /
ton by two great organizations of the |
people-namely, the Democracy and the /
Peoples party. If, now, you are able ]
TO induce a coalition of these two or
ganiza tons tor the one purpose, the /
desired achievement on behalf of the |
people will ensue.
1T is among the first principles in /
finance that the value of each dollar
expressed in prices depends upon the /
total number of dollars in circulation. |
The plane of prices is high when the |
number of dollars in circulation is
great in proportion to the number of |
things TO be exchanged by means of |
dollars, and low when the dollars are !
proportionately few. The plane of prices (
at present and for some time past is |
and has been ruinously low The in
crease of our population at about 2,00O,- |
600 a year, scattered over our immense /
territory. calls for increasing exchanges I
and thereby demands an
INCREASING NUMBER OF DOL
LARS
number of dollars, when dollars are /
id to meet the growth of our exchanges.
The consequence is a growing value of
dollars or a diminishing value of
pVarVti1ing else EXPRESSED in dollarS