Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1896-11-12


OF silver bullion at tine market vaule. or
of the proposed coin. bars or blocks.
S The International coins. bars.
blocks anc certificates to be receivable
for public dues and to he exchanCeahie
Pr gold at the central mint and at its
agencies In all countries OF the union
6. AL profit on the coinage. stnmpage
aai issue Of certificates for bullion TO
b. placed in a reserve fund. invested
In stable government securities. to as
sure the rarity Of this currency with
gold: the interest arising from such Sc
curit'es TO be added TO the fund.
:. The coinage. stampaEe or issue Of
certificates to he curtailei whenever
the demand for exchange into gold in
jicates q redundancy OF either.
s. Them int and fund 20 be marayed
by a commission consisting of repre-
sentatiyes nominated by the govern
men;s Joining the union. one from each
country. but ell matters NJ general pol
Icy TO be determined by n majority In
interest as we'll as by n majority in
numbers: the Interest az each nation
being determined at first by the value
Of it's external commerce and later hy
the amount of international currency
actually taken by it's citizens.
n
favoring the initiative and ref rsndum:
also n graded land tax. \ resolution
with = decided silver ring introduced
by Offut. Of Indiana. was substituted
by the following resolution by the COM
riittee on resolutions and adopted.
against the warm protest Of oafut:
Whereas. The general consensus OF
opinion OF tho peopl. Of the United
= .a= f= nd Ell 90 m N
q Just parity of value should te equal
Il money OF ultimate redeurt; on with
out limit. in which this Farncrs' Ma
tional congress cCncu-s. but differences
Of opinion exist as TO the methods by
which this policy can be secured: and
whereas. the recent election resulted
| In favor of bimctaliisIn by International
commercial nations. therefore.
Resolved, That the Farmers Ma
| tional congress urgently requests the
incoming administration Of the ma
tional government to speedily adopt
/ all practicable methods to obtain tie
concurrence of a sufficient number q:
nations 20. secure International bimct-
allism with the unlimited coinage OF
gold and silver as equal money of ulti-
| mate redemption. and thereby to re-
| store bimetaliic prices FOR the worlds
| commerce.
| Lawrence. chairman of the commit
| tee, said the members with one eE-
| cepiion were of the opinion that the
| resolutions expressed the opinion of a
vast majori,y of the people of the
| United States ard that the substitute
| was proper one.
The congress viii send a memorial to
| the nationa, legislature. II is being
| written by Judge Lawrence and will
| be adopted without change. The me-
| mortal covers the whole subject of
| protective duties relating TO agriCul-
| tural interests. 1t quotes from the ad
| dress of President Clayton. of the con-
| gress. the statistics which he gave
showing the operation of the Wilson
tariff bill as compared with the Nc
| kinley bill of 1899. II then proceeds 10
advocate duties on agricultural prod
ucts including cotton. hemp. flax.
wheat, corn, barley. oats. potatoes,
hops, dairy products. garden vegeta-
! bles. poultry, eggs. live stock for food
| wool. many kinds of tobacco. apples
| and other orchard fruits. with the pur-
pose of reserving the American market
for the American farmer. The menor-
! ial opposes the Dingiey bill.