Semi-weekly independent. (Plymouth, Marshall County, Ind.) 1895-1897, 1896-02-05

MEFSSGNt II standard. and demand
f&ySA3ANZ N the immediate return
sREUt ~A To the constitutional
M 49, standard of gold and
w " IN W silver. 10y the r~eStOra-
&<WMT tion 10y this Govern
N ment. independently
JUL 1oNL- of any foreign power.
of the Unrestricted coinage of both gold aud
silver into standard money. At the ratio OF
IL 10 l. and upon terms of exact equality.
as they existed prior to 1873: the silver coin
70 be a full legal tender. equally with gold,
for all debts and dues. public and private.
We ho.d that the power To control and
regulate Il paper currency is inSeparahle
from the power 10 coin money and hence
that all currency intended to circulate as
money should be issued and its volume con-
trolled 10y the General Government only, and
should be legal tender.
We are unaltcrably opposed TO the issue by
the United States of interest hearing ondSln
time of peace. and we dcnounce as Il blum
der worse than 4 crime the present treasury
policy. concurred in 10y a Republican House,
of p%lunging the country in debt 10y hundreds
Of millions in the vain attempt To maintain
the gold standard by borrowing gold: and
we demand the payment of all coin oblica-
lions of the United States. as provided by
existing laws. i'm either gold or silver coin.
at the option Of the Government. and not at
the option of the creditor.
Whereas. The RECOMMENDATION Of silver in
1873 enei mously increased the demand FOR
gold. enhancing its purchasing power and
lowering all prices measured by that stand
ard: ard.
Whereas. Since that unjust and indcfensi-
BILE act the prices of American products have
fallen upon an average nearly 30 per
cent. carrying down with them proportion
ately the money value of all other forms Of
property. except in peculiarly favored iocaii-
ties: and.
Whereas. Such fall of prices has destroyed
the profits Of legitimate industry. injuring
the producer for the benefit of the non-prO-
Queer, Increasing the burden of the debtor
and swelling the gains of the creditor. para
lying the productive energies of the Amer
lean people. RELOCATING 10 idlcness vast num-
hers Of willing workers. sending the shad-
cWS OF despair into the home OF the honest
tOiler. filling the land with trampS and pau
pers and building up colossal fortunes ut
the money c%entcrs: and.
Whereas. In the effort To maintain the gold
standard the country has within the last
eighteen months. in a time Of profound peace
and plenty. been loaded down with Sl62.ooo.-
Coo of additional intcrcSt-DrarinS debt. under
such circumstance aS to allow Il syndicate
If native ana foreign bankers To realize "A
net profit of SlO.UOn.u 600 on Il single deal; and,
Whereas. Another call is now pending for
& further gold loan of 100 uOo. which.
hut for an outLurSt of popular Indignation.
would also have been negotiated IN the same
secret manner and through the same syndi-
cate: and.
Whereas. It stands confessed that the gold
standard can only Ice upheld 10y 80 depicting
our paper currency as 10 force the prices of
our products below the European and even
below the Asiatic level. in order that we may
sell in foreign markets. thus aggravating the
very evils Of which our people 50 bitterly
complain. degrading American labor. and
striking at the very foundations Of our civil
ization itself: and.
Whereas. The advocates of the gold stand
ard pcrSiStcntly claim that the real cause of
our distress is ACKNOWLEDGEMENTS we have
| produced So much that il has made us poor
which implies that the true remedy is to
close the factory. abandon the farm and
throw a multitude Of people ont of employ
mcnt-a doctrine that leaves us absolutely
without Eopc for the future, and.
Whereas. The difference Of exchange he
tween Silver-atandard countries aud gold
countries * equivalent 10 a bounty equal
To the difference between the value of gold
and silver. IN favor of the products of the
silver standard countries exported TO gold
standard countries and "A corresponding tar
if against the products Of gold standard
countries exported 10 silver-using countries;
and.
Whereas. The cost If production otherwise
In the old world. and particularly in China
and japan. is far less than the. cost at
which similar products can be produced or
MANUFACTURED in this country 10y American
labor without reducing our farmers. miners,
mechanics. manufacturers and other indus
trial workers Ia The level Of Chinese coolies.
Resolved. That over and above all other
questions of policy We are in favor of reStor-
ing Ia the people of The United States the
time-honorcd money of the constitution
gold ana silver. NOT one. but bOth-the money
of Washington and Hamilton. AMI jefferson
ana Monroe. and jackson and Lincoln. To
the end that the American people may re-
cciVc honest pay for an honest product. The
American debtor pays his just obligations
in an honest standard. and not in Il standard
that is appreciated 100 per cent. above the
great staples of our country. and To the end.
further. that silver standard countries may
be deprived of the unnatural advantages
they now enjoy in the difference in exchange
between gold and SilVer-an advantage
which the tariff legislation alone cannot
overcome. We. therefore. confidently APP
peal to the people of the United States that.
leaving In allegiance for the moment all other
questions, however important. even momen-
tous as they may appear. and sundering. if
need be, the former party affiliations. they
nntta i'm "A SuIaramA snnFf 70 frnn fhnna@o1Hoc
and their children from the combination of
the money power.a. power more destruc-
tive than any which has ever been fastened
upon civilized men in any race and In any
age.
And upon the contamination Of their de-
sires and efforts we invoke the gracious ia
vOr of Divine Providence.
The report was wildly applauded as
ii was read. and the conference seemed
TO be filed TO the fullest extent with en-
thusiasm. 1t was read by Senator
Jones, Chairman. At the conclusion
there was Il big demonstration. The
delegates arose To their feet and cheer
ed loudly and called for Senator Jones.
He spoke for about ten minutes, and
his remarks were vociferously ap-
plauded.
Organization Committee Report.
The following is the report of the
Committee on Organization:
That a convention of the qualified voters
Of the United States who believe In the
principles this day enunciated by this confer
ence, and who are willing 10 subordinate
party allegiance and fealty to those princi-
Piles, and II support the nominees OF the ma
ference, shall be held at the city of st.
Louis. No. on the I'D day Of July, A.. ID.
1896. at the hour of II o'clock noon.
That Tho onnArffnnmant IN Snah RnnXAn-
ton shall be one delegate for each Senator
and Representative in the United States
Congress from the several States, and one