Show READY VOR WORK the chicago sil silver convention TO BAT i forty two states and territories I 1 are EeD resented I 1 I hurman hunnan s remarks 1 I special to tuis TUB AGO aug 2 the national silver convention was slow in letting getting e down own to bu business sines this thia morning owing to the fact that the committees appoint od J yesterday yester dav were still engaged upon 0 thu tho tasks assigned to them in the meantime mean time addresses were delly delivered ered by several of tho the delegates delegines the tha attend race upon the convention has b ban an can aider sider ably increased sino alae yesterday yeater Jav by the tha arrival of delayed silver men from arizona and several points point in the lou gouth thweat weal the committee on credentials reported 15 entitled to seats forty two states and territories being represented the dee delegates gates are remarkably remar mably pleased oyer the vigorous manifestation dofsen of sentiment at last nights instas etingin mee me central music hall this thia evening there will be another mass gathering on lake front the labor orR aulza tons tona of I 1 he city will hive have charge of this meeting and they expect to make it a big biff one prominent knights of 01 labor have charge of the arrangements and have obtained Der permission mission to erect a R temporary platform a concession very rarely granted by the city authorities there Is among the tha delegates a strong strone feeling adverse to any alarmist appeal to the country con the ground being barns taken T that the more moderate the language I 1 in which the element sets seis forth its case the more support cuppon it is ia likely to win I 1 advices advises received from washington by representative delegates confirm I 1 them in the opinion that if the tha eherman law is to be repealed its place must be taken with a du that will be ba satisfactory is to the silver ihor ih or people the tha is M ana tina nimons that the double standard of this thia country must be b be a maintained and that the silver alive r men in congress Congre aa will be be able to maintain an unbroken front against the tha repeal of the sherman law unless accompanied by ome that will kalief to the western silver regions A large of the delegates will go on from here to washington at the conclusion of the conven convention Llon to labor with undecided members laam bere of congress yesterday afternoon when parman man oat nt chairman thurman assumed charge of the tha convention he delivered in part the following ad address dreps should the sherman aberman law be repealed witti without out any substitute in lieu thereof it means the final destruction of silver money sa as a measure of value the issue resolves itzell down to the question whether the money of 0 the country is ia to be issued b banking corporations upon the debts of the people or other kinds of corporate securities or whether it is ia to rest upon the broad basis of gold and silver ilver gold alone alona certainly cannot afford sufficient basia upon which the amount of circulating medium required by the people of thle country can safely rest if this is ia not is it that whenever any considerable amount of gold begins tj ti one an obedience to the natural laws of trade that we immediately hear cries of 0 distress T if things are as they should be why is there any danger because a car tain of betm lic anney leaved leavea the country count rv the conui condition tion of things existing today shows shown that if our circulating me daum is to rest real upon gold alone the whole of it will be based simply on faith and faith means flat fiat money 1 20 ney I 1 am against irredeemable currency in every way but it it is to be decreed that wo we must haye have fiat money then I 1 am in favor of its being iss nod by the government and iotov individuals because I 1 have hare more faith in all the people than in tiny any particular class of cf the people but there bisno is no need of flat fiat money lar while it is true there is not a sum clent amount of cold yet there thera is enough real money gold and silvor upon which our currency rency can safely rest and if the people of this country are only trus to their principles of bard money taught thern them by their fathers those who ajio seek now to issue fiat money willbe will be doomed to disappointment disa for who a the people of this country come to realize fully the import of this demand to destroy silver they will in no jiu s certain sounds let these people 48 ioa knofl chati they ere are for far hard money and against paper money still when the people oi of thiel c entry awake to the fact that there in ia being made a systematic attempt to force them to pay the obligations of this abla government in gold alone when they thay have always had the to pay bioni tham in gold or silver that contracts they made abade with their creditors are to be violated I 1 for one have not the slightest doubt whore where they will stand thurman Th nrman continuing said the tha ques ion with the banking corporations corpora tiona is ively reis oving itself to a ground aground hoe ho ese no bonda no banks the tha banks knowing abat tb at the people would insist on an ample circulating medium would demand in case the sherman act was waa revealed repealed that the government issue bonds upon which the barks backs may issue notes note to supply the deficiency defice ncy brought about by the government ceasing to issue coin certificates under the sherman act the banks would thus do 00 enabled to perpetuate a system which has been enormously profitable to them in the past Thur thurlian nian referred to the catchpenny phrase continually used in ligh places of a sound and stable currency and said he had bad no doubt that this phrase will be used in Clev elands message to congress he wanted the president of tho tha united slater to tell the people of the country and the members of congress what wh u ho he means by a sound and stable currency he ha wants wanta the president to tell the people why he be thinks gold alone will make that thurman asked to present a resolution that might be considered with orders that might come before the con bention ven tion it says first lt let our adVer adversaries earies agree to the free coinage of silver at a ratio of 16 or 18 to 1 I 1 prefer the former if they do ws we will agree to the nn un condi dional repeal of the sherman law I 1 next amend the national banking laws so as to permit any national bank to issue notes to the face value of per cent upon a deposit 0 f 90 per cent cant with the united states treasury in either united states gold eold or silver coin other than subsidiary silver silvar further farther amend oy dy repealing the tax ona months the national bank circulation if ft a bank should fall fail there would be for the redemption rad emption of its notes the 90 per cent ot of gold or silver coin for the other 10 per cent tha bills receivable of the banks would be aral available lable and under the present system it loyld be an utter impossibility I 1 lor for a bank to fail end and the whole of its bills receivable be worthless |