The times. [volume] (Richmond, Va.) 1890-1903, 1896-08-19
A SOUND-MONEY LEAGUE.
The Organization Formed Last Night
Amid Great Enthusiasm.
STIRRING SPEECHES LOUDLY CHEERED
SIR. r. Il. Glasgow Chosen President-Air.
IA. Bawsel yice-President-Memb
of the Executive aud other Commit
tees-The Speeches.

pltch at tho Y. NJ. G. y. assembly hall
last night, and a free silyerite had only to
peep in at the door 20 see that there was
a strong determination and a strictly busi-
ness idea prevailing.
Tlalf an hour before the appointed hour
there was quite large number OF we'll
known people present. At a quarter past
O'Clock. wnen 1t was announced thAt
the meeting would be called TO order ths
kichmord and Danyille Band Of MancheS-
ter struck up a-iiyely martial strain 40 y
lone une OF people swung hlo ~ ~ai'lA
street near the cOrnF OF SiAui'
WAS 10 lack OF enthusiasm, an" mo ~
ing surpassed In interest anu "eu1''''''
any political gathering held III tiiis 0''l
during tho present campaign
inc SPACIOUS rall where tho ineellne 80
bot.i ,.s. hacked % the limit, and a NUM-
rsr OF leopIe had 10 stand up duili's '',1
..,saRinr. Moro than six hundred people
49,, ,,,.sse-r,f A noticeable feature wac
,,o tay,,e number Of prominent men "i''
,s.,,,-,,l,t seats and gave the closest a'lo..
-, ,tanv or Richm0nds pesl-AnO"N
citizens were present. 80, Tho
,,,or, thoss who occupied seats on INC
rostr,,ra we're W. Il. Huntley' Jonls ~
,,esr .Lonn y. Minor, Frank l. G'"9
GOV, Wyndham r. Meredith. Johh a. I,.'l' -
e,s,er Tohn \. Bawscl, william h' my
All. and Henry ;. HutZler' +.
.rno vyorteingrnen were by no means III
.,o r,,,c-ttv. There were present De
s,des bankers, merchants, profess o'''
No., ard cspitailsts. mechanics laDorlns
men ~ all sorts. clerks, and voters III u,5
,,,,,'r,or ,vau,s N, life Each seemed full
or enthusiasm FOR the good cause az
stare and trere was no doubt whatever
maj the sound Money League would
vv,e,o n povorful influence in local and
state politics.
MEETING CALLED TO ORDER.
Mr. Frank II. Glasgow called thu
meeting 10 order. and said that II was
q Gathering OF Democrats who could not
aecept the Chicago platform, believing lt
a. Dc the variance with the business IN
t.rests OF tho country. un-Democfauc,
ona Injurious to the Advancement ana
nrosperitv Of the country az large.
Mr.. John r. West was requested ID
act as temporary secretary. ana UPON
motion Of Mr.. Henry 5. Hutzlei, tue io'-
lowing Committee on Pan OF Orb"'''~'-
tlon was appointed ~, A
Lancaster IklNlhlu " 20 -~'
Walker and George Allen.
Thls committee retired to prepare
renort Of Mr. Wvndham r.. Meredlth pS
request addressed tho Gathering
MIR. MEREDrTRS SPEECH.
Mr. Meredith commenced by saying thai
be was a "Domocrat. but not revolu-
lie stated thar it was a source OF th~
5eonost regret that he was forced 10
reject the Chicago PLATFORM when no
declared was not only un-Democrauc' Dn-
onti-Domocratic.
The fraroers OF the platform had de-
/ narted from Democratic principles ana
,bo rrincinles set forth I'm the Chicago
nlsrform were broad departure from the
PRINCIPLES of Democracy as set forth IN
isa2
Mr. Meredith then dwolt upon tho
money plank In the Chicago platform.
ana declared that there was nothing In
tho Constitution OF the United States
recurring that there should be system
Of himetalism.
This was left 10 the discretion of Con-
q-ass The first nlanlc upon which the
nronosition set forth In tho Chicago plat
/ form rested was p delusion and a snare.
II was notorious mistake.
SIXTEEN TO ONE.
Mr. Meredith then discussed the six
teen-to-one theory. and said that this
proposition had been subjected to
more misrepresentation than any other
be knew Of he referred TO 'he Al
negro who interpreted the theory 20 mean
that the white man got sixteen dollars 10
every one the negro got and he spok-
of the many absurd ideas on this sub
ioct held By people who had little or 10
KNOWLEDGE OF the matter. Tie then ex-
plafned IN n clear and impressive way the
meaning or the commercial ratio or gols
end silver. The people who stood on
the Chicago platform claimed. said he.
10 be Democratic. and yet. he deied any
one to point 10 a plank in tho Democratic
platform OF 1892 that provided for the
free coinage Of silver az sixteen 70 one
II the Democrats were right. when they
stood on the platform OF 1902, why sac
riGce these PRINCIPLES for such a conven-
tion as that held On Chicago which goes
under the name Of Democracy. The
whole scheme, said he. was un-Demo-
cratic II was at variance with trus
democracy and directly IN opposition -
the financial interests Of the people ans
the country. Hamilton and Jefferson
had said that the only way In whioh our
country could settle the question Of COIN
age was 10 ascertain from the countries
with WnlCn We zeal tilNlf nNtiiAtih nl
valuation. and TX the commercial ratio
as the legal ratio. "When the very
founder Of our party stood upon this plat
form" said Mr. Meredith. "how can We
20 hack IN tlie doctrine set forth by the.
great representative Of the party"
TWENTY YEARS BEFORE
The speaker dwell at somo length upon
the history OF the currency Of the coun-
Try. and showed how business had suf-
fered Tor the lack Of fractional currency,
which had been driven out OF the country
III any one speaks 10 you about the de-
mOnOtzatiOn of silver IN lsl3," said tho
speaker, "refer him 20 the fact that sill
yer had been demonetized twenty years
before that, because the man who put
Trough the bill had done 50 for tho rea-
son that there was great demand
throughout the country for "a mOnometallic
basis. III it was 4 crime 10 demonetize
silver you have 20 blame for II Thomas
jefferson for mis- efforts that resulted in
the demonetzation OF silver In lSo, and
n. NJ T. Hunter. OF Virginia, who did
as much as any other man in bringing
about the condition Of affairs In 1873"
Mr. Meredith explained the argument
advanced 10 the effect that the silver
dollar IS accepted In business circles all
over this country. he said that the reason
that the silver dollar is now accepted Is on
account OF the trust the people have IN
the government credit IL was the same
thing when business men accepted each
others notes. They had faith in each
other. "But when everybody can carry