Show THE SILVER they geh down to business POPULIST endorsement indorsement Indor of bryan and sewall certain the convention opened with congressman newlands of nevada as temporary chairman banker st john who was forced to resign tho presidency of a new york bank because of his free silver views Is permanent chairman conference committee appointed st louis july 22 the conditions governing the entrance to the silver convention were almost as rigorous at the chicado on the opening day ot the democratic convention although the demands tor admittance were eo few that at five minutes of there wag no one in the galleries but the land and on the floor scarcely more than per bons eons including visitors temporary chairman newlands and representative towne of minn one of the bolting republicans appeared und took seats on the platform accompanied bv slight aly were a followed by W P st john the ex new york national banker elated tor permanent was not by the eo received no recognition who began to enter abe hall in squads at noon ft ere a number of ladies the colorado delegation alone containing contain ini six whoso gowns were of the latest pattern and bats of the smartest variety they occupied front seats senator pet 0 south dakota another of the republican balters bol arrived at 12 and joined newlands and st john on the platform at half past twelve chairman mott ol 01 north carolina and secretary of california came on the platform and at 1230 dr motti called the convention to order announcing noun cing that the proceedings opened with the reading of the call by J E devine which was accordingly done by mr devine at this time there were probably four hundred delegates in their seats and two score spectators at 1235 dr mott introduced hon francis U representative ln congress from nevada as the temporary chairman who addressed the convention as follone fol lowe gentlemen of the convention in january last conference of the leading bimi tallista of the country was held at washington the expectation at that time was that both the and republican parties would at the coming national convention either declare for tho gold standard or would seek to deceive the voters by platforms and anticipating thia the purpose off abe conference wes to inaugurate a new po lotical movement tor the unification of the silver forces of the country regardless of former political affiliations A national convention was called and ay the result of the organization which has since taken place in most all of the states of the union the national silver party meets today to determine what cauree will best advance tho cause which we have at heart PARTIES meanwhile the conventions of the two great political parties of abe co antry have been held and have made public declaration of their principles tbt republican party in de clarine for abe gold standard far as its disastrous consequences may be averted it is in favor of an international adjustment with the leading commercial 0 tho world practically this means gold the system of finance inaugurated by and continued by cleveland silver ia denied ais time honored use redemption money and has become simply the material upon which is stamped a good promise and eo our greenbacks green backs our treasury notes and silver certificates instead of being money have been turned into a gold debt and tho primary money of the country is confined to the limited amount of gold which an adverse balance of trade is constantly depleting with all the attendant evils of continuing bond issues the democratic pirty has declared for the free and coinage of silver at tha ratio of 30 to I 1 without laitine for international action whilst it haa made other in its plat forin it hag announce 1 thai the silver question is lie paramount isue of and that to it all oilier questions are to be subordinated it has bated a candidate of unimpeachable character of exalted ability of ON PAGE THE TWIN FIRST integrity of high purpose who baa never faltered tor a moment in his devotion to the cause of bimetallism firm but not headstrong confident but not belt sufficient near to the people but not demagogic determined for reform yet without single incendiary or private utterance to mar hie record possessing a happy combination of the oratorical and logical qualities courageous and enthusiastic yet deliberate and wise he elands as the ideal candidate ot a movement of termed a movement for reform really means a return to the wise con of our fathers the issue has been presented by a party which has been recently discredited before the country by the financial and industrial disturbances which it bad created through the repeal of the aber man act and by threatening and actual tariff legislation dragged into agitation by the determined will of an executive whom it has since repudiated that proposes not merely to reverse legislation already enacted but to go further and to declare for the unlimited coinage of dilver and besides it proposes to guarantee the country further industrial disturbance and any agitation for further in the tariff law except such as necessary to make up the deficit of revenue this latter announcement no is particularly gratifying to many of us who believe that the silver question and moderate protection are twin issues that the former means protection to the american farmer against the disastrous competition of silver countries that the latter means protection to the american manufacturer and bis employed emp loyes against the completion com petion ol 01 cheap foremen labor and that it is only by the union of protective forces of the country whether ia the field or the fac lory for mutual protection that the remorseless mor seless power 0 the monetary contraction can be stayed whilst it would have been wiser to confine the demo cratic platform to issues concerning which bimetallists would not differ thue securing the complete unification of all vie silver foice yet a simple question is presented to sincere bimetallists throughout the country and that is whether they will perm it differences ns to nonessential non essential issues to divide them thus insuring the defeat f the common cause or whether preserving their independence of conviction and action as to non essentials they shall accept the brilliant leader whom the democracy have named and all the silver forces wherever organized into one invincible army march to viktory in november next I 1 apprehend that the singleness of purpose which has thus far characterized this will be apparent in our and that its action will be inspired by the highest patriotism and iby an earnest dweire for the advancement of the great cause which means so much to humanity AN and now gentlemen before entering upon the consideration of the platforms the respective parties let me correct a misapprehension indulged in so largely by the eastern prees aa to the purpose of this movement it is not intended 0 o pay debts with fifty cent dollars or to drive away gold or to debase our currency our purpose simply is by increasing the coinage aud use of silver and by giving it egdal privileges with eold to raise its value and by diminishing alie strain on gold which gold nieta lliam has caused to take away its unjust appreciation end thus by putting up the value of siler and pulling down the value of gold to restore the old ratio so that afi of silver wiil be worth in bullion ae well as in coin one ounce of gold thus the gold bait ot value the dollar based on both metals instead of one will be restored and we eliell have a gold dollar worth cent in silver and a aih er dollar worth cents in gold if we are aked why this ratio is determined upon our answer is not only that that has been the customary ratio for yeara but aleo that the total stock oi sitar coin in the world ia four thousand million dellar that the total etoch of gold coin approximately the game and that the total stacks of and gold were each melted into a soli dimasa the silver braes would be about afi tidies as treat in as the geld mass we aleo answer that today the relative production of the two metals is in approximately the proportion we must establish by law some relation of value between the two metals and we propose to value silver ae it will stand after restoration to equality of privileges jtb old and not while tia discredited by lun equal laws ADVANTAGE the advantages of lie restora of bimetallism are apparent it will not only sive the world increasing volume of currency proportioned to alie iacre aee of population tiou and to the extension of business commerce and abat it will do away with the dislocation of exchanges that has existed between the gold ard and silver standard countries a dis has immensely stimulated the production of silver jandard tan dard countries in farni and which about to their manufacturing production tu the injury of tho gold standard countries our wheat fields end our coton fields have already felt the force of silver standard etan dard cone petition for the prices of oriental countries have declined in gold as gold has appreciated precia ted the indian wheat grower receives today just he did twenty years ago an ounce of silver for a brehel ot wheat he belle it for that price to the liverpool importer who also to the wheat grower au ounce of dilver formerly worth a dollar and twentynine twenty nine cents in cold is today worth only sixty five conta alie result ie that the american wheat grower receives in gold one halt of what he re reined in 1873 and eo it is with cotton and other farm products the value of our exportable products with we our debts balance of trade is against us and it must be paid in gold we pro by restoring the old gold price of dilver to restore to old gold price of our t farm products and to change the balance ot trade with a favorable ol 01 ad f sic s ab if verse ballance that this ought to be accomplished every one admits abo republican party by its plea for international adjustment admits that the standard etan dard is a bad thing and that bimetallism is a good thing hut it cladma that bimetallism can only bo re by international action I 1 shall not dwell long on this aspect of the question it is sufficient to eay that the Ke publican darty limits to the leading commercial nations and of course are known to bo england france and germany while the agricultural and manufacturing of these countries are friendly to aud while parliamentary resolution favoring bi iaia have haen passed in each there is no indication that the executive department of these governments is in any way using its diplomatic powers w accomplish it the fact is that the executive department including ours is d erected in its couise by the gold monopoly while france indicates a friendliness for bimetallism and while germany hag in n measure relaxed its hostility both declare that they will not act without the cooperation ol 01 england and england through the ministry of both her present parties has declared her unalterable pu pose to adhere to tho gold standard OF the reabon is apparent the great advance of gold has given england the control of the credits of the world her people now own bonds of other countries to an amount aggregating many times the total gold stock ot the gerld england is built up her narrow limits will not permit much increase of population her local property cannot be much increased in value by her manufactures and her extended commerce com merc she haa invaded ewry country with her forces of industry and enterprise and ehe haa accumulated the gold of tha world and she now loans it out over annj over again to the countries from which ehe has made profit her wealth consists mainly in credits and the creditor class has become the power england has always beba a class governed country the land owning class bouce controlling gave way to the manufacturing class under the leadership of and 1 prostrated the agricultural interests the manufacturing fac turing class has now yielded to the creditor or banking class which today dominates the councils of england fixes her policies and her decresce de crece the friends of bimetallism stool expectant when balfour came into power they have only realized that shackles anve been upon his limbs and that lie is powerless to aid the cause which IMS eo brilliantly advocated W ant argument can we use to abate purpose that the amount ot gold in the world is too limited for the worlds her answer lis eliat her people own almost all the gold in the world that they have enough and a plethora and onto their abundance lean to other nations on bonds and mortgages will you eay that gold appreciates and that products have in value her answer will be that eke desires ita appreciation will you eay that the appreciation of gold has stimulated the production of silver countries and that their competition has the gold price of all farm products her answer will be that she raises but little these that she buval and that the clie aper eho buye the bo ter should we point to her manufacturing population which sulT erine from the loss of the oriental markets caused by the coni of allver standard countries chobe labor always cheap is now doubly cheap measured in gold should we point to the land owning class in england the burdens of which have become amaat intolerable her answer will be that some interests must suffer in pursuing a great national policy and that the english government will litand AS heretofore tar tho interest of the governing clasena cla seea ahe class which sub ordinates every subject of domestic and economic policy to the desire ot bibin agnine a constantly increasing control over the products of labor the world by a which makes hw 6 controlling power 40 peace and war a partner without riek in all and the absorber of all the profits of carld wide to this policy of enlightened wea no man who knows the controlling control linc motives of both nations and individuate can radical objections wed not object to policy on english eed we object to an english policy pa american eoll AMERICA lEn glande wealth consists in gold our wealth consists in property and prod acte england ie creditor nation the anted states is a debtor nation england is in trusted n having moner dear and products clieaf we rely on good prices for our product a in order to pay debts ersland proposes to a policy which will increase the value of gold that she owns ought not ato pursue a policy which will increase the value of the property we own nd of the products abish we export do the imitators ot abo Engl ieli policy in atu realize that there is a difference in interest between the buyer and aeller between the creditor nation and the debtor or producing nation what should be our policy why to increase the use of silver and in that way increase ila values eo ai to restore its old parity with gold we nod alie dislocation between gold and ealyer has given the advantage in product iMi to countries that are not on tle gold basis that their farm products whose prices are stable in silver although eh reduced in gold are competing with ours in foreign markets to our own and that their manufactured products produced at a labor cost stable in but reduced in gold offer a menace in the future to our home manufacture a protected though they bo by tariff laws we have at stake the interests of the great debtor nation of the world of abo greatest eil ver producing nation of tho world of a nation yielding the greatest amount of farm products in the world products on which we rely for the payment of our foreign debts and the prices of which have been driven down in gold us silver has fallen the republican party proposes to confine our bimetallic negotiation to but countries england brauia and germany whose interests aa gold owning and creditor nations is directly opposed to our interests while it ignores alio numerous debtor and producing nations with which an effective alliance might be made for the increase of the |