West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1897-01-07
FOR FREE COINAGE.
A New Declaration Of Independence
Adopted by the BimetalIic League
OF kingwOOd.


hundred members. 1t was prepared
by Col. II. w. Monroe, am able
champion of free coinage, and
unanimously adopted at the last
meeting Of the Club. 1t deserves
careful reading, and the free
coinage clubs OF the county could
do no better than to adopt it. and
We nope that it will be taken up by
sthers oil over the country:
1 he Bryan Free Silver Club of
Kinswood. Organized the third
Saturday evening in November,
1896.
DECLARATION:
This Club is organized by the
friends of the restoration Of silver
to its rightful place in the none.
tary system Of the United States.
We believe the country is suffering,
that IL has suffered. and that it
will continue to suffer, under the
present vicious and misguided f.
nancial system.
We believe that the only wise
and safe currency system, is that
based upon the precious metals,
supplemented by cheap. safe, ana
reliable issue of paper money, by
the government of the United
States, convertible into coin whom
desired by the holder, without loss.
and that the supply Of money Of
all kinds, shall always be kept as
nearly equal as possible to the in
ereaslng necessities of business,
and the increase Of population.
We believe in the constitutional
authority of Congress, to coin
money and regulate the value
thereof.
We believe that gold and silver.
upon an equality ia all respects, at
an established ratio on the money,
and the only money of the Consti-
tuition, for which reason we further
believe that Congress had no Con-
stitutional right or authority to
demonetlze either one of the money
metals, or to degrade either, by at
tempted legislation. All such leg
lslation we believe to be uncensti-
tutional and void.
We hold that all government OBJ
legations are rightfully payable in
coin, which means gold and silver,
at their legal ratio, and without
discrimination against, or ia favor
of either; and hence we believe that
bonds ought not to be issued in
time of peace, for the purpose of
purchasing gold to redeem govern
ment obligations, while the govern
ment has coin in its vaults, sufIi.
Gent for that purpose.
We hold that foreign creditors.
who are unwilling to accept the
money Of tile Contract, in discharge
of their holdings, are dishonest,
and ought to be compelled to yield
to the convenience of this country
when payment is required. We
hold that the domestic creditors
who refuse to accept payment in
coin, either gold or silver, which
ever is most convenient to the gov
eminent at the time, are unpatriotic
and selfish, and regardless Of 4ho
welfare of their country.
We hold to the free and unlim.
tied coinage of both gold and silver,
upon exactly equal terms, at the
present legal ratio believing and
insisting that, if our minis are
opened to the free and unlimited
coinage of both metals, the supply
of money in circulation would still
be largely insufficient for the trans.
actions Of a young and rapidly
growing people such as we are.
Therefore we are opposed to the
retirement Of the greenbacks, treas.
urY notes and silver certificates.
We have no faith in the success
OF any scheme Of international
bimetallic conferences" nor do we
believe In the sincerity Of the pro-
motors Of such scheme. But we do
believe that the United States are
abundantly able to establish and
maintain a financial system of our
own, without asking the permis-
sion, or awaiting the co cooperation,
OF any foreign potentate or power.
Believing in the justice and pa
triotism Of the principles here
ayowed, we pledge ourselves TO
labor in their defence, and for their
establishment, until the final tri-
umpn of the people shall come, as
wO believe it will in 1900.
We cordially invite all who op-
pose the single gold STANDARD, to
unite with us, and fight with US.
--o--------..a---
We heard during the campaign
much about the anticipated danger
to savings fund depositors lurking
in free coinage. We were not told
Of the present dangers to such de-
positors lurking in the gold stand
ard. Now comes a significant OBJ
jet lesson from New Hampshire.
Within eighteen months twenty
two savings institutions in that
State, with deposits aggreqatine
nearly SIS 600, coo, have been
forced to suspend. And what "a
the reason gimpIv iuabilitv Of