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Show kings hsul licen able to defeat silver legislation. leg-islation. Ait ai.ain.st tliis antsgoni.-t there had been i pp iscd the National Silver committee, which had been : h indicappod by lack of funds with I which to pay tho expense 'f distr.but-j 'in; silver propng .nda. Tho expense of the littlo winch hail been done in comparison with what ought to have been, had been borno for several month by himself and the burden was Imodtiiinur irksome. Tho educators were ;f ninori 11 1 for silver literature but there were tio funds with which to provide it,. Mr. Bald.-r'd.on presented the following follow-ing resolutions which wel'8 adopted: ,'wj'iv. Tint tho thanks of tills meetine lire hemp.' e .tended to Senator Willi. mi M. St 'Wirt and to 1! .n Vrancla U. Newlauds for th- alee !M-ewut.iti..n of tee sliver iiHt:ou Wit 'l w III. -a I !:ev I ;ue faV"rd Hi. ad, .... (., ';.iit K. tl .l.-i. Senator Stewa1 n- (1 his ffl ow . 1 a'.pil 11 - of thi vrtva: cati-e i of ine peon! tied tli - stall r-.'.fl.c o'ir uu-u uu-u aw l- 11 . s'lpimrr Iti t ajrVat'on for the j fre - loi.t iioiioiii.'d roimiuo of silv. r until 1 that a r.tat ,n a aa nave m on er .w ncd lih ' a conij 1. io t riu upli '.ui t..e producing classes j of tne co nil y. STEiniiT ON I1VEI1. An IzhaiutiTa Eii.'8"r'ation oa the Ti-caufial Ti-caufial Problem by the Gray Haired Patriarch of Hiivada. THE FI01LE ARE EMFHATIO In Their l'i raumh for Preo Coinac;e and a Bill Will Surely Pass tho Nat Cori.Tt:::3. A large anil attentive audience lis-teiioil lis-teiioil Id St 11:1 1 cr Stewart lasl night in hi- t rtn Imi.r j 1 1 "iitutii'.'i of the si 1 v r j i j I i 1 u . It was .an able speech ou the subject of I nane; and v, as a lilting clone to the 1. Tiga lit hi convention. At t he ootiel'.isioi! (;f t he .seealoro fpeuch, lion. Kiain-i-(i. Nevvinu.ls of Nevada made a i-htut ad'lresj iu winch l.o ridicnic'l tho .v-M'itmn id' Wall htr';et iniiiopoii.-t i th:tt the ilvcr miner of tin) wi hi ivt'ii! looo it.;,' for thu iieo coiiiiijii) of -ilver iitid lliat they nero pouring inoiiey into (il.io l defeat Si-ii utor M ei iiosti fur rc eieclioii, and .-aid Ihe isiher miner did not have enouilli ('iimption to defeat anybody. .M r. i l ed .Siiimii inlr.eliieed the en-alor en-alor from Neadit w ho spoku a4 lollows: ".I'. Vi .H'l t.l 11 ml F.ihir.l'il. :.,!.: I he Miilij.Tt on which I am t.) tiik u mole imjioi laul Ihaii :u:y oilier eoimo-tnie eoimo-tnie ipie-l ion. L'pon 11 the Biicees-. of' ever e."itiorcial and imlii'-tnal ent.T- j priv di-poioN. If tiie i:o:d tro-t i,ie-cee'leil i,ie-cee'leil 1 11 leduemn the htaudai'l basis of t he motley of I'e.i wnrid and t'iuiiii-i.-hnik the ij i.au;it ;. ol t;oid, liieiii '.v ou I it be vorv li.l.e in ii? il tun, and thu far- , huts (f AtniTH 1 will no; lonjj be indu- .. pendent farmers; tin y will lie siiiiii;yj tenant fariiiers, 1 lie gold Blainlaidi means the very rich and lite very poor, and the, want of money will always di- j Vide llie-e classes in tin) cniiiilrv. ! "Now there are two thiiiifa inven'etl by in. in, boih jmrely nriilicial and b uh alisohiloly eHMMitiiil in S.'fiet y. .Ne.ln. r is of sliMe t ame or use iu isolat'oii. Thete is veiy lilliu dilfereliee in the nc-ce.s- ty for t lie t vi i) iiivuilioin of man; the one is speech lau,;uai;e. Ihe iin'aiis 1 of (oiiimuuie tint? ideas. In society j this is essential: if you are alone il is of no earthly coineiUenee. Tho other in ; vention is money, which is iieceismy i tor civiii.alion. 'J'o enahle onn man l,-t .. w,l I I... I u ,,l I I.., 1., I ' I i the executive of the United States con-j con-j Klaiilly tetted, t) prevent the restora-I restora-I t on ol silver, tho money of the eoDslt-. eoDslt-. lution, to thi p ace it occupied bcioro 1 Mr. Siii'i in an's amendment, which waa : not te ul iu the .senate and recorded in the HI'jIh', appeared in the statute. More than three-fourths of the voter of ihe I'niled State aro io favor of lreu I'Oitliltfe. ! '' he joM party is confinod to bond-i bond-i holders and money changers ami their j (leteudenis. 1 he (;reat banking boiise ji ft'io c.tyof New York are the hscal iitfents of Ion ian investor in American ' wrurilies. The treasmy deiafliuent regards Wall atruot as Hid only busi-ne.-.s community. 1 he, action "of thu j department for tho lust twenty-live years lias been in harmony with tho i desire of Um gold rintf. ltepjhl'.cati.s and democrats like who live in the I atmosphere ol" the gold trust regard the : two ureal political parties as ins'.rit-iiietiialiiics ins'.rit-iiietiialiiics of the yold combiiiatiou. The country is now aroused. "i V ry iabor urbanization, every iti-dii-ti'.ai association, the farmers ami the pi(.diict!i:(, now ilemauti the restor- i iiluiu of silver, ami that demind must and wiil bo hooded. Ii may seem siriui.e lo persons unacijuainietl with . the Mii.jcet why iho farmer of thu! t niteil Siauis are m iinatiiuiotisly iu favor of free enijaog. Tlioy have food 1 reaton to demand free coiiage. They mii.-t have more money and Imtter ' prie s lor iheir produul. They have for many years gold tlieir wheat and cotton at a discount of lrotn UO to i 4d percent to buy jf.ild with which to ! pay old.e;alioiis eoulracted to be paid in gu.'l, a.. r or paper. "In 1 oil the I'liiled States furnished . RO per cent of the airprcgate amount of w i.e it iiupoi'teil inti) Kurope. lu ib.-'.i this cmiiitry contributed lea thau -.'J i per eeui. It is only on rare occasions, ,' when crops on tho other side of ttie At- j lantie luil, that the United State can i'Tliit't .-' f mi ilieon riiMt-t-ot wiii'n 'p i another man, we innst have money. There is no ii. hen ileal need that creal-i creal-i ed laniruaifH or that ereat. d nionny, but mi individual can produce, as he. ii 1 1 1 sit if he is to mingle with society, without an exchange of hi productions. produc-tions. "Money is a necessity. Thu value j of money depends upon the supply and : demand, just as lhe value ol every-! every-! thin else. Two conditions are necessary neces-sary to create value: first, the limitation limita-tion of (plant ity, and the second tho lie-j lie-j sire to pusses.-.. J ake aw ay either and there is no value. I lie desire to pes- sess in iit rxi-t. A meat manv of the ; lewrgaws w lucli pie buy have no 1 value, but they buy them because they 1 want them. "1 he villi" ol money is jo t in lint-terit't lint-terit't ,".s I he value of fii.l:,in' ci.-e; it depends 0 poll the (plant .1 v el money, "tie 1' I hie:.' i I e'ii'ir 1 pi 1 I, I ee , il u;l i y will rt'spiliile the ilatea lei . Ci illtil eee. il.lMI I (I'-aled und i!.-'r.-ve:l by moi ey fitiiin. i. c ii.fieil by 'he maiiipti lati.l's who artlnlSy play with lio.i y.,i;t-titiule. y.,i;t-titiule. Tins ipii".iii.ii, ii,l'iuieti one i.r ihe ,' imp, c' ( lies in the world, is the iea-t .il, del -too. I. Thi la, 'in y -! 1 1 . s i i n js ..'ovenied by t h" maiepiibitiiiii of the money dealers. e h-ive be', n nnablit to I. ml any iiri'.i rial !o li'at; n t ii-t ure motiev out ol but pod :'H.I -illi ' w lieii we would o moraiiy acci ;it. Tii.ui:at:i'.s of th''t!.'s have bci-u tried, but they hut!' produced lle-tii ia ' !ai ::o amounts so that they woiiid not: be worth I'.iivthiiif. Ci.id find sbv.r, have h.w ays lieen limited iu ipiatitil y, j lhe only trouole is lliat t'jey have been loo much iitu ted; there ti.'i r has been ( uooyli id' either. "i he Silvur ipiestion is a, conl.i -t be- ! tween liie pri Mincers and the ao-orbeis of wealth. When the world was in j debt moi u t ha, i one hundred thousand i million dollars which, by Hjrri'etm'iit was payable either in jjold or silver, tho i.'ods ol usury conspired to chaiio lhe I contract. l!y fraud and strategy they ! .secretly contrve.t tn man i pu lal e tiie . laws ot the I nited Siaies and l.uropo ; iu such a manner as to step the coinage i of silver and c ompe: paviucut in (old a-iiite. "S lice tint, the coin of the ' world has not been inner. ally iuere ,sed. i Tiie product oi th" mitieis ints been lib- j sorbed in i.ecpii.o- j.i.io.1 lie slock of; gold on hand and ior lion limuctary purposes. J he d. lector of the mint I now i-sti.'iiatcs that there are tf-l.T'.'T,- Od'i.O, id ot t-old coin in tin) world with I which t.i redeem ami pay a much j lar.'.er ma-.s vi iiid.ebtedue.ss than existed ex-isted eiirhtceu years aim, when there J wa twice as much money fur ultimata redemption as there is now. j "iho supply ot p.ld and silver from ! the mines lias oraduaily increased since iS'iil, and by the Use of both ineia's the ! worid would have been enopiimi w ith ! lUlllieielil com to k( eo leiee with in, nil- I use dear money and our competitors cheap money. Mr. Sherman's charts that the mine owners demand for their silver more I nan its mat act value has no more foundation iu truth than his assertion I hat tho sih er parly is confined to the .sdver minors. No act has ever been pas-ed. no hill lias ever been introduced aud no proposition has ever been made, iu oi out of courcas, which could by any possibility give tho miner more than lhe market value of his silver. When the ( iovermeiit cuius the sil-, sil-, ver it w ill make the duTen-nce between ihe imirki't price and tho coin value, : t he same as ii did under the IS. au.l act. , Tree eoiiiae woiiid i;i e tttu owner of ' bullion tiie exact market price for his sdvr, i (i! !ii of more and nothing; less i ml. r I re donate a person who had 1 1 crams of standard H.iyer couid ex-chat ex-chat a.e ii a I the in'ri!. lor a silver dollar : If ii c.'lii 1 in: evcbani'cil at the mint lor a bo .;ar it. would be wmtli a dollar j ever", y here i-'-u ai-ai. one ha i'i ..' 1 s h er Viiual si 11 it fur a. if js price 1 ha j he coil!,! (d.l.i.n at the mint. "11m r ild advocates, when driven 1 from every other poaitton, tell us that flee coinaioi would liood the United States with foniirn silver. This is the iin M absurd a-sertion of nil. 'J here is no in. ire foreign s'.ivi'riu circulation in a:iv i .iiiniry liui'i is n qniivd by th ) iic.ipie. ( ry littie pud circulates as ini.ii, v, none in li i.i country execpt on the i' a'iec (east. Si. ler i.i uiiivcsal in " ii. y. Kr iiiee cotiirols more than i. 1 1 r the v.v r of ai l.ur.ipe. "lhe men whom we h.-ne, in favor of .-ilver tire lor it on principle. They want to wipo out Iho crime of lio. 'liicy wind lo open up thu mines 1 hi oni'hiiut the world. Why should we when the world is at the hiuh tide of progress, and when it is marching ou, I end when there is more money iu tho hills than the miners can take out, uot j prosper? This is a contest between the J producers and the soidid parisites. ! W hy .should John Sherman try to cover 1 up tho d.ctife ot I;:;? 1 tell you that ; Ciis contest wil not cease until we I hate secured tie free and unlimited; coinage of siiver. No one can point; out how this world is to be res"ued , from rum ecpt by the free coinage of silver. ' 1 "Alia is burying about one-third of i the silver libit goes there. No money ! ever comes hack. The balance goes j into tiie rtris. oi'iiaiuciiling lhe palaces I of the rich and iho joss houses of tho; Chinese. Statistics tinny that there is j no more gold being coined now thau I eighteen year ago. If this condition j continues il will reduce the farmer to I tenant farmer. Thi ipiestion of irri- j gat ion ('(penis oil tne adjustment of I the silver ipic-ii in. The. act of John I Sherman has iii.l.cied more daiuago lo I mankind trum ail tne wars of the u:uo-tee.'. u:uo-tee.'. I Si ce n tn i v. " : I '1 lie senator's slrong points met with ; instant roeogfiiii.m and ho was fre-; fre-; iiient:v applau led fur some happy al- lus.ou to the diliieiiities which had been I encountered ami overcome by tho eil-i eil-i ver advocates iu their light for the rcc- co.niiioi) of the white metal. Alter senator Stewart had resumed j his sent. Mr. Kid -ely of Ogdeu a for-! for-! Pier resident of Kan-as and adesciple jf j foekless Jerre. aroe to hi feet and be-I be-I gan talking. Likenost alliance men, I.Mr. Kidgely could and (lid ask the ' senator some very hard questions. Ha j wanted to know' "if both of the old ', parries were so bitterly opposed to sil- ver which way could the people ; tarn for relief except to the nlliaii (''.'' n answer to j the question. Senator.' Stewart spoke i m ar.y ten minutes, and said "he bo-' bo-' lieved tiie yeomanry of the cotinliy 1 were so cmphaiie in their demand for , I the unlimited coinage of silver, that a bid to bait end would pass the ucxt I ciingres.-, olid he thought it would receive re-ceive the pie-i."nt's signature." Mr. New-lands of Nevada was introduced, in-troduced, and in a fifteen minute speech analyzed the financial situation. lie showed how the power of tho eastern press backed and supported by the gold iaiioii and business. But Ihe supply of . gold binee si.vcr was demoueti.ed has been inadequate. Lor eigiiieou years i the iron gr..-p of coutraciiou has parii-: parii-: lyy.ed the energi-a of the commercial world. The average range of prices 1 has fallen from :!o to -10 per cent. Tne : Value or purchasing power of gold has nearly doubled. Lends ami obligations I for the payment of money resting upon ; (-ood Hoe-in ity have enormously in-, in-, crca.-cd in value. 1 "it can 1:0 longer bo denied lliat, i thete is not gold enough for use as money of, ultimate redemption. The ' finance quacks aud prctem.crs argued thai the quantity of real money was of , no consequence; that bills of exchange. clu cks and other commercial devi. es ; supply the p. ace of money, lilt recent j event have demonstrated that corn-1 corn-1 tnereinl credits are valueless as soon as tiie fact becomes known that there is a (ii tieiency of money for ultimate redemption re-demption behind lli:":i. "There aro now aba. ut four thousand , mill. ons of paper in circulation in the j world, and about thirty-eight hundred j millions in silver coin. T he pretended j advocates of silver money, who oppose ' free coiuage, contend that the paper 1 and the silver in circulation must d- ! pend for value upon redemption in ! gold, and that the gold standard must ' bo niaintai.-ed, notwithstanding they admit that there is uot gold enough for ! that purpose. "But Mr. Sherman, the man who demonetized de-monetized silver by a process best known to himself, has adopted the cuttle-fish policy and is attempting to darken the waters by abusing the miners of the west. He as-eris that the advoralcs of free coinage are confined to rich silver EuUie owners who are attempting to sell silver to the government f,,r more than its market value. The want of truth in this assertion and the absurdity ab-surdity of sin h nonsense, is glaring. Ii has required the utmost etloru of ihe gold kiuifs. combined w it h t he rn. er if j |