The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-11-12

Pile OF millions OF dollars, be 1t resolved,
that this congress demands that the laws
against trusts be enforced and such laws
as are now inadequate be strengthened.
Inc committee on next meeting place
| OF the congress reported In favor of St
Paul. Minn.. and suggested thai II be held
at least two months earlier IN the year
than the present congress.
resolution was offered and referred
| favoring the initiative and referendum,
also he graded land tax
j. A. Bcde OF st. Paul said he was
democrat. but he know that silver could
only be mined by the wealth. by great
corporations and that they alone could
get any profit out OF Il.
A resolution with decided silver ring.
introduced by onut of Indiana, was sub
stitutei by the following resolution aud
| adopted against the warm protest OF MIR.
Onut:
Whereas, The general consensus OF
opinion OF tho people OF the United States
is that gold and silver coin on 1ust
parity OF value should be equally money
of ultimate redemption without Limitation
in which this congress concurs, but differ
encos OF opinion exist us TO the methods
by which this policy can be secured and
''Whcreas The recent election resulted
IN favor OF bimetallism by International
commercial nations therefore, be IT
Resolved. That the Farmers National
congress urgently requests the incoming
administration Of the National government
to speedily adop, all practicable methods
to obtain the concurrence ot sufficient
number OF nations to secure International
himctalhsm with the unlimited coinage
OF gold and silver as equal money OF ulti-
mate redemption and thereby restore bi-
metallic prices for the worlds commerce.
The afternoon session oi the Farmers
National congress- WAS ,eyOted to the read
al a tutNrpEf Q the agriculture
lists. Onu paper On good roads and tile
benefit derived from them was read ny
otto pissnor OF Wisconsin. II member OF
the executive hoard. League OF American
Whoclnon
General Roy stone Of TIA, agricultural
department nt Washington read paper
bcariut on the silver question after the
election.
General Stone said; Though the preh-
dental election OF 1896 turned almost
wholly upon silver, 1t touched only side
issue OF the Erca, silver question; 1t
dcnlt only with it's merits AMI penls OF
American free coinage Even upon that
side issue this election of itself may settle
nothing II Is not In human nutufc mat
party which has made such Roadway In
its first fight should be willints TO accept
one deal as final Unless. therefore. the
situation is wholly changed by some wiNu
action of the victurs this campaign may
aud omblttcr the existing antngouisns for
a hotter couflc, IN the future aud one In
Witch this minor detail VIII still continue
to be obscure and dsplaco the main qucN-
tion IN this case the question That VIII
have 20 be met and met with elaboration
when the strife has ended In ruin or eN-
haustiou."
Various plans for currency reform have
met with more or less favor, but none had
| commanded any general assent.
The essentials of plan were
J. II should provide II new. natural and
growing use for silver
3 !; should De capable Of being able TO
| put ia operation gradually tentatively ana
without shock
3 II should be tcrminahlo at any time
| without scriuua loss ana without danger to
/ thu present system,
T. IL should not he liable to defeat IT.
| self In practice by stimulating the produce
Of silver and therefore must not assure
! any definite Increase In demand or prize
To cause ruuh of capital and labor into
| silver mining,
N iH not likely that such additional usc
shall be found IN the local currency In
many countries; for with the temptation
Of 100 per cent profit In the coinage. prob
nbly the governments are already coiniug
silver very near the limit Of safety"
| General Stone submitted the following
project FOR international SILVER coinage
An international mint be oucued under
tho au.nic,, ana n,nnnyrn,rpt az m Kov-
,n'n,,cnt of tho cl,i,f commercial oo,,utriea
| Of Tho world
@ silvcr intorrotIo,,t ,o,ns which may
ho Lrny, es "yIohc dollnrsr and frootious
thcronf hoarinr thelr 1rnomira,ions IN
.tiII,ncs tr,ncs c,c an ths one aids aud
en- l,,orn.tinn.i svn,bol vim Tho n,nns If
me- ,,ninn S,a,na On ,he othcr IN bc coined
and ,rnnlv exchanrod for pold coin or its
c,,,ivnIent mr. fnr silycr hnilion n, The mar
| l,a, nrtce
. Itn,,v hn,y mr. hlocls M .ilvor Ia he
| ,,,,,,h,red ana s,ar,ned Nh, ,hcir fuII IN
,,,,,tio,,,,i ,,t,,n,,o ,,ai,,c ia ham. rsenrvrs
~. t",. r,,'o,, ~, dom,s,ic ,rors,e,
cort,nco,es IN hn iss,,e1 on dcposIt Of
| s{l,c, t,,liton M mo nnrh,t vnIuc mr. of
| ,hosc ,rnnosnd ooius hars ar bloclts
| r ,rb, International cotua bars bIocLs
and rrrtiG,otss IN he recnlvnble for n,bIIc
| ,tnns ava "a IA. evrhange,hlo for eold ai
| No crrtrnl mint and at ,s agencies in
| ali courtrioo ~ tho union
Al ,ronta M tho ,oinnrn stann and
iss,,, ,t ror,igca,as for h,liiou IN he nlnred
IN a." ,ose,ve fnrd Invested IN st,blr GOV.
nr,,'r,,,t sccurltl.s IN SECURE The pnrity n,
,,.,,,-,, Viii ,o,d, ,i,a i,,.rrat .r,S'