Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1896-08-01
SILVER coNcLAvE.

ST.. Louis, July 26.-The national
silver convention, which met at st.
Louis July %, remained in session
three days and nominated Bryan and
Sewall for president and vice presi-
dent. Chairman Newlands read the
following telegram from Senator Tel
ler:
The money question overshadows all others.
On its rightful determination depends the
prosperity OF the people and the perpetuity of
| republican institutions, All other questions
| must be subordinate to It, A vote for Bryan
| and Sewall is n vote for industrial and financial
| Independence of the American people from for
eign domination and control. and they should
have the support OF all opponents OF the gold
standard.
The sentiments contained in the tel
egram were vigorously applauded.
Judge Hillyer, of Washington, d. c.,
offered the following for the consider
alton of the delegates:
Resolved, That in the present situation this
| organization in the coming campaign must be
| the peculiar representative of independent free
| silver republicans, and that the efforts OF the
| national convention should be chiefly directed
| to combining and augmenting this republican
| element as an independent force cooperating
| with others for the election OF the candidates
| which this convention shall name for president
and vice president and free silver congress
A call of the states was made to show
the previous political affiliations of the
delegates. 1t showed 400 former re-
publicans, AZ populists, 135 democrats,
prohibitionists and IL Independents.
Mr.. Baker, chairman of the silver
convention committee of conference,
reported the following resolution
a1nrtnl nv, that -.
with the conferees from the populist
| conventions:
Resolved, That 1t is the sense OF this confer
| ence committee that union OF all forces in
cluding the peoples party, silver men. free sill
yer democrats and republicans, is expedient
and should be effected at once for the purpose
OF achieving victory for the advancement OF
free silver in November
The resolution was adopted.
The platform and address are as fol-
lows:
First-The paramount issue at this time in
the United States is indisputably the money
question. 1t Is between the British gold stand
ard, gold bonds and bank currency on the one
side, and the bimetallic standard no bonds
government currency and an American policy
on the other. On this issue we declare our
selves to be in favor OF n distinctively Ameri-
can financial system. We are unnlterably on
the Immediate return to the constitutional
standard OF gold and silver by the restoration
by this government, independently of any for
elgn power. of the unrestricted coinage of both
gold and silver into standard money at the
ratio OF 10 to |, and upon terms OF exact equal
ity as they existed prior to 1873 the silver coin
TO be OF full legal tender equally with gold for
all debts and dues public and private and we
demand such legislation as will prevent for the
future the destruction OF the legal tender quail
n ND pf lN,-,, ,-;,-
We hold that the power to control and repu-
late paper currency is inSeparable from the
power 10 coin money, and that all currency in
tended to circulate as money should be issued
and Its volume controlled by the general gov
ernment emily, and should be legal tender
We are unaiterably opposed TO the issue by
the United States OF interest-bearing bonds in
time OF peace, and we denounce as blunder
worse than a crime the present treasury policy
concurred in by republican house OF congress
plunging the country into debt by hundreds OF
millions in the vain attempt to maintain the
gold standard by borrowing gold; and we de-
mand the payment Of III coin obligations Of the
United States as provided by existing laws in
either gold or silver coin. at the option OF the
government and not at the option OF the credI-
tor.
The demonetization OF silver in 1879 enor-
mously increased the demand for gold, enhanc-
ing its purchasing power and lowering all
prices measured by that standard; and since
luit Unjust anu llueIelSlDle act the prices of
American products have fallen upon an aver
age Yearly 80 per cent, carrying down with
them proportionately the money value of all
other forms of property.
Such fall OF prices has DESTROYED the profits
OF legitimate industry, injuring the producer |
Tor the benefit OF the non-producer, increasing |
the burden of the debtor. swelling the gains OF |
the creditor, paralyzng the productive ener- |
gieS OF the American people relegating to idle |
ness vast numbers OF willing workers. sending |
the shadows of despair into the home of the |
honest toiler, filling the land with tramps and |
paupers ana building up colossal fortunes AT
the money centerS
In the effort to maintain the gold standard
the country has, within the last two years in a |
time of profound peace and plenty, been loaded
down with s26!,O0O0 900 OF additional interest
bearing debt under such circumstances as To
allow a syndicate OF bankers to realize q profit
OF millions on single deal
1t stands confessed that the gold standard
can only be upheld by so depicting our paper
currency as to force the prices OF our products
below the European and even below the Asiatic |
lever, TO enable us to sell in foreign markets |
thus aggravating the very evils of which our
people so bitterly complain degrading Ameri-
can labor and striking a. the foundations of
our civilization itself.
The advocates OF the gold standard persist
emily claim that the real cause of our distress
Is oVerproduction that we have prodpced so
1900 ~ iiiaNS AS pOOT-Wnlcn llDlleS
that the true remedy is to close the factory
abandon the farm and throw a multitude OF
people out OF employment: doctrine that
leaves us unneryed and dsheartened and abb
soiutely without hope for the future. We af-
hrin 1t to be unquestioned that there can be no
suoh economy paradox as overproducton and
at the same time tens of thousands of our fell
Low-citizens remaining half clothed and half
led. and 'Sho are piteously clamoring for the
common necessities of life
Over and above all other questions OF policy
We are In favor of restoring to the people of the
nlted States the time-honored money OF the
and silver, not one but both
the money of Washington, Hamilton Jeffer
son, Monroe, Jackson and Lincoln, to the end
That the American people may receive homes,
pay for an honest product; that the American
iebtor may pay his just obligations in an hon
'st standard and not in q dishonest and un-
sound standard, appreciated 100 per cent in
power and no appreciation in debt
,aying power; and TO the end further, that
'llver standard countries may be deprived of |
me unjust advantage they now enjoy, in the
Inference in EXCHANGE hat-Uaan f,o11 q, "a .i,- |