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Show SILVER THE STCTF. To Restore SUver to Its Fullest Cm as a Money Metal. An adjourned meeting of the people in favor of free coinage of silver was held last night in the federal court room. Governor Thomas presided and F. K. Gillespie acted as secretary. The following resolutions were unanimously atiopted. Whereas. The amount of money In circulation circula-tion directly affects the price of both labor and com modoHes increase of money increasing, and .scarcity of money decreasing the general price of labor and the products thereof : and Whereas, A general and continued decline In the price of comniodottes. causes btisiuesn stagnation and the locking up of money in bank vaults, while Increase in prices stimulates the active investment of capital ; and Whereas. The demonetization of silver in IMT.'I created an artificial demand "or gold and duly Inflated its value by throwing upo it a greater burden of supolytng the demand for metal money which had before that time rested upon silver and gold alike: and Whereas. The artllicial demand for gold created cre-ated by that legislation ami the limited supply of gold to s obtained for coinage purposes has increased the value la money measured la commodities and decreased the price of labor and its products measured in money; and Whereas. Btlver. the only product of labor beside gold which has for centuries maintained itself as a measura of all values and a true money metal, holds still its purchasing power despite legislation, and has suffered in price no more and no less than other, products of la bor. and. Whereas. The placer gold fields of the world are practically exhausted, and the annual an-nual production ol gold now falls far short of supplying the demand lor metal money and Is steadily decreasing, and. Whereas. Unless silver ts more extensively sed as money gold will be more and more inflated in-flated In price, and the price of all other things measured In gold continued lessened, and. Whereas. The world's whole product of both gold and silver is not more than enough to supply the arts and the demand for metal money, and. Whereas, i The restoration of silver to Its fullest use as a money metal will quickly stlm--ulate and restore the prtce of the pnwiiH of labor, give new life to trade anfa renewed prosperity to every calUasr-etitch can be gained in no other way. therefore be it Resolved, That the men of the west, asking nothing that does not concern the east as much as the west, declart! that gold and silver should he treated alike by the government, and each metid be gives aa equal chance to maintain main-tain its position as a perfect measure of valuey. and " Resolved. That we. while not wishing that the government shall purchase silver, nevertheless never-theless consent If that is deemed best for the '. present, to such purchase, but we insist that the amount purchased shall eqnal the product of our own country, believing that as the world outside our own country does not produce pro-duce enough sliver for all the people outside i of our own. the absorption of our product will at once restore gold and silver ta their old equality: and Resolved that henceforth standard legal dollars dol-lars should be made a full legal tender for all debts hereinafter contracted. - Copies of th resolutions ' were ordered or-dered sht to W. F. James od Senator Stewart(at Washington. |