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Show YAMTA DOUBLE STANDARD. Tie Chamber of Commerce Ask thl Shier til Restored to t Pat with Gold. itMOLUrirm fo the denuk coxmtnsi. The Slnrl. flnlt) Stanlml aad Ike Slnfle SI Iter Slanlard llolli lll'farorid. In vlotrofthomortln-fof Ute rcpre-scntativeiof rcpre-scntativeiof theWeitanl South at Denver, May It. lodltcun the butt-new butt-new liiltrnl of their Btitel, we the membtra nl ths Bait Like Chamber of Conuuerce, takebocatton to resolve. 1 That wo Mzird the restoration ol silver to II former equal and rank wltb gold ft perhaps thamott Import aut subject to whlob lbs saldcongrcre cauaJdrcultiel f. And ihM In the Interest In-terest of, not especially of the illver mining BUlei, but of lbs producing Classw of tho whole union. The lot tothe silver raining State from the depreciation of silver bullion, as valued In gold, by reivm of It dishonor and dliuio a money metal, It a conceivable conceiv-able aunt, to wit, about 1. '1,00(1,090 a year. Whereas, the lost t) all other pro-ducer-,wliooe output list been depreciated depreciat-ed In prlcxi wllh allver, I an Incon-culvable Incon-culvable aum, and mutt bo reckoued Inhuitdreilaofrallllousner vtar. "- Thol we bavo not nsked the Ooveriimont to purchase morn or leas tllvtr to be coined Into tundard dollar. This policy watlheretult of the di termination ter-mination of thu advocate tf the luitlo gold tUndard lu bo rnadu inerchuidlte of allver. Wo nrs not In favor of the Ingle gold ttandard tr of tbo tlnglo allver ttandard, but we, favor the double eland ird, believing the same from long exui rlence to bo practicable, and better than either mrlal taken separately, la-cause ! liable to fluctuation fluc-tuation lu value, aa innuiirtul ep-.HnU labor and the roductaof lalior. "3 That our jiotltlon ha been nnd I tint (Joiigrca had no right to discredit dis-credit allver by dlicrlnilnallve coinage aud Irgil tender acts, at was done In 1973-71, becauto audi action deprived debtor of tho option, enjoyed by virtue of law from the eiubliiluneni of tho United Hta to mint down tothattlme.t) uitcuarge iiieirinuemeunea in cither allvtr or gold, a they chose; and by dropping the illver dollar fix m colnajc, about ene-half of lite real money In which all balaucea have finally to l ettledWM rendered unavailable, an I tbe remalnltigone-half waa by o much Increased In value, as meetured by human labor or the iroduil thereof; and In couitquonce lbo weight of twelve thouiami million of ImUbted net was Incresee-. by 30 ier cont.; and In so far tbe labor protll and property of debtors was trantfeftiid to their creditors cred-itors without consideration. Confiscation Confisca-tion u Ithout due pr'icesi of law I un-conttltutlonal. un-conttltutlonal. Getielal consequence, have U-en a tteady decline In ths value, expressed In term of gold, of Industrial outtiut, th discouragement of builnur and ineculatlve enterl rise, the atagna-lion atagna-lion of trade and tbeconlltcatlon of the irofltsof labor. 4 Thattho bullion or commercial value of silver was depressed relatively lo gold by the adoption of tbe gold taitdird by tlermauy, the dropping of the silver dollar from our coinage, and the tetiatlon of lha coinage of five frano plrcei by Ibe Latin Union; and Ilia taking advantage of Ihelr own wrong or error for thote who have done this to now assail the illver dollar ai a light weight, it clipped, ft dishonest dollar, and to assert that lis tubtlilu lion for tho gold dollar would Impair existing contract aud bo cuentlally dtahouttt. 8 TliAt thl objection to the free coinage of evun American allvtr, which seem lo have more weight with the general public than any or all others, to the honor of liumau nature, na-ture, bad at It may be, It more sikicIou than valid, because the great bulk of existing lira Indebtedness wa lu-curred lu-curred -nor to 1H73, when tho sliver dollar wa moru valuable then the gold dollar at tbe resent ratio, when. In face, the greenback dollar, which averaged a Ulniiunt between 1801 and ls'1 of 37 er cent, wa the only dollar of account lu use except un tbe I'aclllocoaat, And since that ierlod moit time contract! bavo stipulated payment In gold, and tuch Is, lu fact, tlie almost univenal cottora now lu llmo trantactloiui of IrutiorUocf , Wu donotprorusatoiubttlluta orn dollar for tho oilier, but that both shall bu colned on equal term, ao far, At leant, aa the product ot our own ml.iea I concerned, con-cerned, and ahall take Ihelr chances of circulating aids by able. That the addition of ono allver dollar per capita tier year to our circulation porlcnda the eiiultlon of golJ, or any other disaster Is too puerile a notion to merit notice. "8 We bsllevo that to mako the bullion bul-lion value of illver equal to It colu value to the gold dollar, and with this appreciation to carry upward all vaJucs relatively to gold, nothing I needed but tbe restoration of the law under which Any owner of silver bullion formerly for-merly bad the right to take It to the mint and have It there made Into do! lara containing OT1.SS grain of silver each, precisely aa ho may still do with gold, at Hie bare cost of refining nnd alloying the metal. This I our demand, de-mand, and thorl of It attainment w will never rest. Wa do not ttreuuouily object to the extlutlon of silver not produced from our own mines, but let bono who think wo aril lu dangir of having loo niuih real money, and who fear a deluge of foreign tlUer, apply that reatrletloR. 7 Hurt western and outhern dele gtllontlnOongrcuborwiucitpd lotx ert themselves ton-cure tho meeting of another Inlernallonal monetary ton ventluu, nnd that If Urtat llrltsln and Oorraauy oonuot bo Induced to Join In tiling an International ratio between gold and silver, tho Latlu union bo In litced, Ifponlblc, to resume tbe coinage coin-age of tlvo frano ilecc. It wa the duration of this colnigetbat suntsllvur down to DO cent on the run. i:nglauil suttalneUho prlceofgold by wdur Ing tho deluge from tho mine of Call fornlAnud Australia. If lbo United Hlattvi cannot do tho umn for illver, now, when there li no deluge of illver or likelihood of one, certainly tho Ireo coinage of American allver nnd the resumption of the rolnngo of o frano piece by tho Latin union will sustain It at the ratio of IS 10 to one, nud thu o)n tho way lo an Ink r-national r-national agreoment to which Ureal Britain Aud (lerinany will ultlmittly be forced to oocedo under steadily Increasing In-creasing l-optilar prcsturo In llioso countries In thattllrrctlon. "8 That the large ihlpmeuU of gold Abroad At the piesent lime are alarming, alarm-ing, Insiraucli as our hmvlest foreign lialanccaaretuttoraarlly settled In thei spring, lut are algiilflc-mt a Indlcntlngtlie sunlrlency nf gold a the sol batl of the monetary Kttcm nr Kuroro nud the Unllwl ater. Tho draft or gold from New York 1 largely due to a panicky fill-Ing fill-Ing In Kurope, and the consequent strucgle on the part of the leail lug nation na-tion to slreugthen their reserve against contltigcnclM. Wero an In. tirnatlonnl agreement nacheet nato llm ratio l-rlween the two nielalt, the available supply of roll miney woull lv almost uoublnl and thl rtrlfo to gather aud board gold would cease. O.J. HuiLiiTrn, C. (.'. Oisiuwis, L. 1'.. Hoi.iikV, Fmu Hriio.v, CoLnmlttee," |
