The San Francisco call., 1896-06-26

"Then where is the gold goneP" asked
Senator Tillman. ''You have not handled
it, although $3.50, 100000 or $3.50, 10000 in
Government bonds were sold on Manhat-
tan Island"
The Senator said that if he were in the
Senate committee investigating the recent
bond sale, he would ask President Cleve-
land why he made a private contract to
sell bonds at 10415 per cent, when they
were selling on the public market at III.
He then talked about unemployed labor,
which he said was a lever by which those
employed were ground down to low
wages.
You see on your own streetcar lines,
he continued, ''cars labeled United States
Mail These cars don't carry any mail.
They are put on ttere so the car lines can
claim the protection of United States
troops in case of strike"
Senator TilIman characterized John
Sherman of Ohio as the high priest of
Mammon and the joint-owner with Hanna
OF William Mckinley. "All of you who
are going to vote for gold, hold up your
hands," concluded the Senator. Five
hands were held up.
''All those who are going to vote for
silver, regardless of party, hold up your
hands," Over half the audience raised
their hands.
The speaker said, as he sat down:
America for Americans, and to - with
England and all other countries"
Clarence LaddDavis read resolutions
which were adopted by acclamation. They
demand the incorporation in the platform
of the National Democracy OF the follow
ing:
First, A-That the mints of the United States
shall be reopened to equally unrestricted coin
age of gold and silver into unlimited legal
tender money OF the United States; the gold
to issue in the present standard gold coins,
and the silver to issue in the present standard
silver dollars.
B-Depositors Of gold or silver at the mints
to receive, if they prefer, in lieu of coin at
the coming value, coin OF the United States
which shall be redeemed on demand, in gold
or silver coin at the option and according to
the convenience of the United States.
CAS- safeguard against panic and money
stringency the Secretary of the Treasury shall
be empowered to issue coin certificates addi-
tionally against deposits of interest-bearing
bonds of the United States, the interest accru-
ing on the bonds to mare to the United States
penang their re-eXchange Tor the coin certln-
Gates, which coin certificates when returned
shall be Cancelled, provided that such addi-
tional issues of coin certificates shall not
reduce the percentage of coin and bullion
reserved for coin certificates and silver certif-
Gates below so per cent of the aggregate sum
of coin certificates and silver certificates out
standing. The now outstanding silver certif-
Gates, gold certificates and treasury notes of
1890 to be retired as they come into the
treasury.
This (A) is free coinage at 16 to 1; the
convenient gold certificate (B) to take the
place of gold certificates, silver certificates
and treasury notes of 1890; the safeguard
(C) would provide for a temporary IN
crease of $327,0OO,O0O of paper money
against the silver reported in the treasury
June 1.
second-we demand provision for direct
legislation by means of the optional initiative
and referendum.
1t was resolved that committee attend
the Populist convention in ST. Louis to
urge the adoption of the above demands
as means to harmonic all elements of
reform, in order to unite ali reform forces
for the pending campaign.