Rensselaer Republican, Volume 27, Number 15, Rensselaer, Jasper County, 6 December 1894 — FREE COINAGE DEMANDED. [ARTICLE]

FREE COINAGE DEMANDED.

Trans Mississippi Congress Declares to Favor of the Present Rato. The Trans-Mississippl Congress, in session at St. Louis, at Wednesday’s session, by an emphatic vote of 214 to 67, passed the resolutions presented by Hon. W. J. Bryan, of Nebraska, as follows: Resolved, 1. That in direct opposition to the plan known as the Baltimore plaa the sense of the convention is that all issues of paper money should be by the general government. 2. That it is the sense of this convention that the pending proposition for a reformation of our paper currency is one that in our judgment, would create additional and insurmountable difficulties to the return to bimetallism, andthat we are opposed to the same. 3. That in any currency reform acted upon we demand that a constituent part thereof shall be the remonetization of silver or that it shall be of such a character as to be no impediment to our return to bimetallism as it existed prior to 1873. “Whereas. An appreciating money standard impairs all contracts, bankrupts enterprise, makes idle money prolitaole by Increasing its purchasing power and suspends productive forces of our people, and. “Whereas, The spoliation consequent upon the outlawry of silver fn the interest of the creditor class by constantly in creasing the value of gold is undermining all industrial society. Therefore, We demand the immediate restoration of the free and unlimited coinage of gold gnj silver at the present ratio of 16 to 1 without waiting for tho aid or consent of any other nation on earth. Because the United States government makes express stipulations that its contracts for public work shall only be given to United States citizens it is proposed that the Dominion government pass legislation at the next session making it compulsory that ail contractors for Canadian public works must be British subjects, the restriction to be operative as long as tho United States government discriminates against foreign contracxoia.