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Show SILVER IS ON TOP. THE MINING CONCRESS TODAY WILL ADOPT FREE COINACE RESOLUTION. Yfolcott Declares Himself In Favor of the White Metal, Let the Republican Party Stand Where it Will Wyoming Dissents Dis-sents from the Committee's Report. Dexyets, Nov. 20. The committee on resolutions of the Mining congress last night in executive session made up their report to the congress which was submitted to the convention this morning. The report is as follows: "tt aeitEAs: The demonetization of silver w orked ork-ed a practical violation of every contract then existing ex-isting in trie United States; entailed uncounted louden, reduced prices more than 3J per cent, and its sliect is practically to make debts perpetual, as it takes from the debtor the ability to pay; than it causes a contraction in the currency, which reduces re-duces values until there is no profit left to the fanner, planter or man of small capital, who depend de-pend upon the sale oi their products for returns ior their labor; tnat we believe ths certificates of the government, backed dollar for dollar by gold and silver coin on deposit iu the treasury of the United Males, is a sate and sound currency and has been approved by the people; tha the gold and silver vt the west, pouring in a steady stream ! upon the east for forty years, vitalized eerv form ot business there, steadied and upheld the cry of the nation through the great war and made resumption re-sumption possible; and that what w e now demand is as much more to the interest of the east than of the west, as the productions of the east exceed in value the productions of the west, Rfxuited, That the lirst National Mining congress con-gress is unalterably in favor of lhe principle of uimetalism as approved by Jefferson and llamil- iii uuitiTO iiuo law ny ccDgress in UM anil ac cepted by the conutry for alt public and private ' ' business for the Jirst eighty yeurs of our country's niftory; taat we ueliete Koid aud silver, not o'nt) to the exclusion of trie other, are the money metals met-als of the Constitution; that we are opoosed to any law which treats silver as a commodity ; that we believe thai gold and silver should have bylaw equal rijrht of uses aud monetary powers: and to that ynd we demand of tue congress of the I nited State the enactment of a law by which silvfr shall be coined free iu all the miuts equally W'tn rrold, aud to have with it free and unrestricted unrestrict-ed money power, and that the coinage be in the ratio of sixteen to one, and when tue coinage i. represented by treasury notes each dollar shall represent Sli'i grains of etaudard silaer to grains of gold. Whereas, By Eection 3694 it is providpd that the coin paid for duties on imported goods shall be set apart tor a special fund, and tfiall be applied ap-plied first to the payment in coin of the interest on the bonds and notes of the United States; second, to tha purchase or payment of 1 per centum of the entire debt of the United States to be made within each fiscal year, which is to be set apart as a sinking fund, and the interest of which shall, in like manner, be applied to the purchase or payment of the public debt, as the spcretary of the treasury ehall from time to time direct. Third, the residue to be paid into the treasury, and Wheukas, tiltioni of dollars of duties on imported im-ported goods have been paid into the national Treasury since the year A. 1). IS:, in silver coin and silver certificate, not one cent of which has been by any secretary of the treasury at any time demoted to the first and second object wherein before (specified; and Waerbas, Every secretary of the treasury since Ue paswtge of the Blaud bill has violated and disregarded dis-regarded said provistous, ketolrerl. That our senators and representatives in congress assembled be requested to take, without with-out delay, such steps as shall be necessary to a-CKrta"l a-CKrta"l - tbe treasl'ry department refuses to obey the statutory requirements, and to insure the vigorous enforcement in the future. Waekeas. The supreme court of the United States at the October term, thereof, while conceding that no direct adjudication thereof had been made, declared the legitimate inferences of several of its decisions to be : 'Thaf the exception excep-tion e.1 mineral hinds from grants in the acts of co'jgress should be considered to apoly only to inch lands as were at the time of the grant known to be so valuable for their minerals as to justify expenditure for their distinction," and Wiiekeas, This dictum of the supreme court, if it should become law, would invent the Pacific railway companies holding grants of laud from the government with a vast number of the best mines discover,? Iji ithin the liasiu of jid grants, by prpspectors and miners who have located thereon in good faith and developed and sold therein in the honest belief that said grants were limited to agricultural lands only, as "declared in the acts of congress making theui, and Whereas: if snid construction of it become.-the become.-the law of the land, it will take vast regions of mineral land out of the market, either for future explorations or purchase, to the manifest injury of the people ; wherefore be it Resolved, That the congress protests against ! any construction of the statutes of the United States which will result in such a system of wholesale confiscation and the enrichment of great combinations already enjoying the bounty of the government, and calls upon the representatives representa-tives of the people in conuress aseemoled to take such prompt and immediate action as may be within the constitutional prerogative to destroy thi" threatened danger. Sesolved, That the Alien act, fit least so far as it operates to exclude foreign capital from investment invest-ment in mining lands in the territories, is faUe in principle and pernacious in effect and that, therefore, there-fore, the interests of the mining territories demand de-mand at the hands of congress immediate repej-.l, This report is signed by all the members ! of the committee excepting J. C. Baird cf j Wyoming, who submitted the following minority report: I cheerfully subscribe to all the above report, except that I prefer the coining of silver limited to the product of the mines of the United States. Hon. Niles Searles, ex-chief justice of I California in accepting the chairmanship of j the convention, emphatically indorsed the I unlimited coinage of silver. The congress appointed one vice-president from "each ! state. Chier Skiff, of the mining bureau of the World's fair, was given thirty miuutes to set forth the advantages of the Columbian expos. ex-pos. tion and the necessity of the mining states making an exhibit that would give the world an idea of the importance of the industry. Senator Wolcott, in a brief speech, set at rest all doubts as to his position on the silver sil-ver question. He hoped congress would shape into proper form such matters as rc-quiie rc-quiie legislation, and in closing his remarks said: "No matter what may be the wishes of a majority of the. party to which 1 belong or iits chief executive, and no matter how much my course may remove me from the sunlight sun-light of official patronaire. until some new light crosses my vision which is not dimmed, I shall, so long as I remain in public life. vote for the free and unlimited coinage of silver." E. R. Holden, as leader of the faction demanding de-manding the coinage of the American product pro-duct only, predicted disaster and ruin to the banking aud commercial system of the country coun-try if foreign nations were, allowed to unload their silver upon the L'nited States and re-! re-! ceive gold in return. He asserted that Mexico Mex-ico in another year, would produce more silver than this country, and that one small district in Australia was preparing to produce pro-duce more silver than Colorado. Charles S. Thomas of Colorado, replied to these arguments and boldly advocated the free and unlimited coinage of silver. On the committee on resolutions the chairman chair-man appointed as members at large; Colonel C. C. Goodwin, of Utah; ex-Senator Tabor, ? of Colorado; ex-Governor Flatiseu, of Mod-i Mod-i tana; Robert Mackay, of Canada, and J. J. Mulaly, of Missouri. 1 ' - |