Show DEMOCRACY SPEAKS I Indiana Democrats Resolve On the Silver Question A BEAN EATER ON SILVER Ihl IIIr lil 1 5 5 II IOMI 111 Sllk IIIIIM Mhr rlol Jle tO Ih Irrue 110 UI Ihr Jrwt X llciiii I atcr oil silver HOSTOS August 11rho annual oonven tiolt of the National Association of Alumni ton Hankers beLan this morning Qago 110 ivcrid the oiieuing address in which hoI rcaled of Iho needs of greater safeguards against I forgery nnd dwelt npon the dlsns rooM result which would follow the unlim ted I comaLo of silver nnd also spoke of tile 1 ro need of men who < would oe able 1 to iring into popular view the rIle relations oC labor nnd capital Iho secretary reported that tho present uembership of tho Association I was 14CC tile increase being 1 greatest in the South and Vest Work was rnI as having been done during the year in tho way of procuring 10no ing the punishment of criminals whoso Il ileuses 1 bad been committed against bank II institutions ThiS president then reid n communication from Secretary oC the Treasury Hngh McCulloch III which ho advocates the suspension of silver coinage for mi indefinite period nnll discontinuance of tho issno of notes under r and tho reoomago of part of the dollars nov in the treasury Into fractional icces George 8 Coe Nosy York belt was an tII ainl ounced Oto road n paper but it was inter posed lo that there was n cntlcman irosenl who was competent to speak pon the greatest qnestion now before be-fore tho IreoleRt namely tho aluo of oliver as currency Ibis gentleman ho said knew lore of Ibis subject than any other man in the country Ho suggested that r IIgf Ohio rte culled upon The resident then introduced Horton who among other things said that the concurrent estornlion of silver to its former prestige was neccssarj to a preservation of our degree of civilization Moreover thu country was peculiarly fitted to accomplish tho restoration of silver lie ppcaled it to the common sense of Ibo con ention as to whether universal cndorbemenl would not give silver equal value with gold just as universal endorse meat gives greenbacks equal value with gold notwithstanding that gold was at a premium of 40 cenls on the dollar his nniversil endorsement including the commercIal and financial powers of Europe nllal America could ho asserted place silver nt OnCe on a par with gold Horton then offered n preamble and resolution embodied In his strong silver views Horton addressed tho convention in support of tbo icsolntion ahid gave his experience as a delegale lo the iiternational Monetary Conference in Paris |