Historical Newspapers of South Carolina

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V -------'-~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ THB SUMTER WATCHMAN, Established April,.1850. "Be Just and Fear not-Let all the Ends thou Aims't at, be thy Country's, thy God's and Truth's.*' THE TKUE SOUTHRON. Established Jone, 136? Consolidated Au?. 2,1881 New Series-Vol. XIV. No. 47. Published Every Wednesday, -BY J>3\ C3r. Osteen, SUMTER, S. C. TERMS : Two Dollars per aooom-io advance. ADVERTISEMENT: One Square first insertion.Si 00 Every subsequent insertion. 50 Commets for three months, or longer will be made at reduced rates. All communications which subserve private interests will be charged foras advertisements. Obituaries and tributes of respect will be charged for. The Silver Convention. A GREAT GATHERING IN MEMPHIS. Senators Harrison and Tar pie and Congressman Sibley Prominent Figures. MEMPHIS, TENN., Jane 12.-When the committee on resolations appointed at to-day's session of the Southero and Western States' silver conveotioo makes its report there inay be a lively time. The committee weot oat at five o'clock and it is thoughc will be ready to read the platform at an early hour to-morrow. The plank which may j make all the trouble is one which en j dor?** Joseph C. Sibley, of Pennsyl? vania, for president. Mr. Sibley is a man of brilliant attainments, a fervid friend of the free silver idea, and a cor? dial hater of tbe administration policy. In his speech to-night at the Audito? rium be did not spare either Cleveland or Carlisle. It is somewhat doubtfal at present whether the plank will ever get through the committee If it does it is almost certain it will never get through the coovention. The more conservative-of the delegations do not believe it would be good policy to in? troduce a presidential boom for even so popular a friend of the free silver move? ment as Mr. Sibley into a platform j which was originally intended to show "Horning bat the-feeling of the conven - ; tion on the money question. Prom the standpoint of white money enthusiasts nothing was left to be de? sired by to-day*s convention. Two thousand delegates braved the torrid skies to be present and every State, with few exceptions, sent its most repre? sentative r-:en with instructions to shoat for silver, vote for silver, tolerate nothing else bat silver. The delega? tions varied io size, the largest coming from Mississippi and Tennessee and the smallest from the far western or so-call? ed silver States. The small represen? tation from western silver States w&s explained to the convention by Gov. L. Bradford Prince, of New Mexico, on the ground that representatives from all these States had recently attended the convention at Salt Lake City. Nevertheless, said Governor Prince, not one of these States will tv unrepre? sented. A committee had been ap? pointed at the Salt Lake City conven? tion to represent all these States and the committee would arrive to-morrow. The convention was called to order at 2 o'clock by W. N. Brown, of Mem? phis, as chairman of the central bimet? allic league, of Shelby county. Ten? nessee, which sent oat thc call for the convention, rapped the assemblage to .rder. On the platform were the fol? lowing : Thomas Scott, Secretary of State of Louisiana; M J Cunningham, Attorney General of Louisiana; John Fitzpatrick, mayor of New Orleans; A J Warner, president of the American bimetallic league ; Gov. J P Clarke, Arkansas; W J Bryan, editor of the Omaha World-Herald ; Senator James Berry, Arkansas; Senator Stewart, Nevada: Anson Wolcott, Iodiaua ; Sen? ator I G Harris. Tennessee ; Alex Del? mar, California; Representative H I) Money, Mississippi; Senator J K Jones, Arkansas; Senator Marion Butler, North Carolina ; Senator J Z George. Mississippi; Senator David Turpie, In? diana; Ex-Governor Eagle, Arkansas; Gov. L Bradford Pri nee. New Mexico, Ex-Gov. Benjamin R Tillman, South Carolina ; Gov. John Gary Evans, Sooth Carolioa From start to finish the convention was one of great enthusiasm. Every pronounced free silver utterance was the signal for prolonged applause and when the various persons well known in pub? lic life, appeared on the rostrum each received an ovation. When Chairman Brown bad called the coovention to order, L. D. Bates offered prayer. He implored Divine guidance for the dele? gates and hoped they might be led into adopting "honeRt money" as their plat? form. This created a bit of sensation until it was learned that he raeaut fiee silver. Col. Casey Youog. of Memphis made the welcome address, and in the course of his remarks he spoke strong? ly in favor of the silver standard. Senator Harris nominated ?nd intro? duced the permanent chairman, Sena tor David Turpie of Indiana. Boll gentlemen made speeches. E. B. Wade, of Tennessee wa made Secretary and ail the new.-pape reporter* assistant secretaries. Resolutions *vere passed that eacl State should name a vice president am ? a member of the committee on r?solu fions A roll call of States followed with these names being presented Alabama, S-ate Treasurer Frank Stn ttl as 'ice president aud James Baukhea< nu committee on resolutions; Arkansas Senator James II. Berry as vice presi dent and Senator J. K. Junee on com mittee on resolutions ; Colorado. AI vt Adams, vice presideuc and Charles S Thomas on committee on resolutions Florida delegation delayed, but will ar rive to-morrow ; Georgia, Judge F. M Langley as vice president, and Henri Joaes on committee on resolutions; In diana, David Tufpie as vice presiden and member of committee oo r?solu tions ; Kentucky, J Randall, a3 vic? president and Joe A. Martin Cbairmat of committee ; Louisiana. M. J. Cun ningham as vice president and Gil ber L. Dopree on commiitee on resolutions Mississippi, W. G. Yerger as vice presi dent and J. Z. George on commit'ee oe resolutions ; Nebraska, W. J Bryan a! vice president and on committee on res? olutions ; Montana, Paul I. Fuse as vic? president and Charles S. Hartman or j committee on resolutions ; Nevada, W M. Stewart as vice president and ot committee on resolutions ; North Caro lina, T. F. Heath as vice president anjj Marion Butler on Committee cn r?solu tions ; Ohio, A. J. Warner as vice presi dent and on committee on resolutions: Pennsylvania, J00. C. Sibley ati vic* president and member of committee or resolutions ; South Carolina John Gary Evans as vice president and ex-Gover? nor Tillman on committee on r?solu* tions ; Tennessee. Wm D. Bate as vice president and Edgar Carmack on com? mittee on resolutions ; Virgioia, P. F. Weaver as vice president and E. C. Treadwayon committee on resolutions ; New Mexico, Rev. J D. Bush as vice president and L. Bradford Prioce on committee 00 resolutions. Amid enthusiastic applause Senator Harris was then named delegate at large from ibe United States. J. H. McDarrow, of Tennesse, a well known State Populist leader, in an impassioned Bpeech demanded that the Populist party members be given better representation on the committee on resolutions. Only one Populist, he declared, Marion Butler, of North Carolina, was now on the committee. The Populists have been assured by those in charge of the convention that if they handed a list of names to the secretary they would be piaced on the committee. This list was now rn the bands of the secretary but had not been read. Were the Third party men to be ignored? The convention ordered that the list of Populists he placed on the committee. Senator Stewart, of Nevada, pre? sided at the night session. Con j gressin a 11 Joseph C. Sibley, of Penn? sylvania, the man who wants to run ! for President on the silver platform, addressed the convention in part as ! follows : I believe that there are going to be two parties at the coming election. One of them will be the raono-inetal ists and the other the American peo? ple in their majesty. The gold standard has been erected many times before. Once Aaron erected a golden image, but it was not a suc? cess and once Nebuchadnezzar set him up one and said whosoever re? fused to bow down and worship it should straightway be cast into a fiery furnace and burned up. With? out meaning to make any invidious comparisons, I respectfully refer you to Grover Cleveland's letter to Gov? ernor Stone, of Mississippi There were three men who refused to worship this image and Nebuchad? nezzar ordered the furnace to be tnad'> straightway seven times hotter, and had these men cast in, but they walked upright amid the flames and came out brighter and happier than ever. There are a good many Nebuchadnezzars in this work yet, but they do not cut much of a figure. If you will just read along a iittle further you will find that Nebuchad? nezzar found his level all right. For seven years he had to eat grass We silver people have all the logic and ail the law on our side. The Secre? tary of the Treasury spoke to you in this hall the other day. I do not know what to quote Mr. Carlisle when he said that the demonetization of the white money would mean misery and unhappiness, for half the people of the world ; then John G Carlisle was the tribune of people, now he is the high priest of the tem? ple of Mammon. Mr. Carlisle the plebain and Mr. Carlisle the aristo? crat are two very different kinds of people But I do not want to corn-1 plain of Mr. Carlisle Every word j lie said about the demonetization of silver has come true "It is impossible under thc present ? condition of the American agi ?cul- ; tn lists to compete with those of 1 India and the Argentines. You take \ your bushel of wheat to the London j market and yon #et 50 cents for i When the Indian or the farmc from the Argetines takes Iiis morie home, lie lias 100 cents. Under th present system you are simoly fostei iti? the industries of other countries i This is a runious competition ftj you Mr. Carlisle told you when h was here that the wages of eveiy body had increased under morie metallism about 51 per cent.-it i not that way in my country Fift thousand coal miners in Ohio au Pennsylvania had 9 cents a ton take off their wages about the day tha Mr. Carlisle spoke to you here i M err. ph is. Why, they tell you tha wheal out of which they make brea' was lower than it ever was and ye more people starved to death for th lack of this low priced wheat thai ever did before They tell you co! ton and wool are cheaper than the; ever were, yet there is a greate army of tramps walking up am down our highways and our byway to-day in rags for the lack of th i same cheap cotton and wool The] tell the farmer Ea6t that what ht needs to make times better is ? higher protective tariff. In certaii parts of the West they tell him wha he needs to prosperous is free trade You have to give this tariff questior as a medicine according to the local ity. Now the fact of the matter ii tariff has nothing to do with morie tary panics and it's about time th< people gave it a long needed rest and I believe they are going to do it There were two monetary panici under a high tariff and two under ; low tariff and I think this shows tlx tariff has nothing to do with this. "The President says he is afraic the silver dollar will depreciate, bu the only way the dollar cai; depre c?ate is for prices to rise This ii equivalent to an admission by the President that he is afraid prices wil rise. If the President would divide his anxieties more equally betweer the persons who produce the wealtl of the country and the limited few who absorb them, he would make ? better chief executive The magni Scent patriotism of Mr. Rothschild., who, although an alien, was willing to come to this country and save il for the paltry sum of $9,QOO,0OC which the people of the United States lost and which he gained, is worthy of note as is also the magnificent pa? triotism of Mr. Cleveland in thu* helping to save the country. But if these two men could save the country they could also ruin it "With the mints open to the unlim? ited coinage of silver and gold there ! will be no more talk of a fifty-cent dollar. They say our shores would be flooded with silver it the mints I were open to free coinage. Now that j is not true, and if it werft true we J would simply give them something to have rather than for something we I would rather have. r "Hanker Cornwall, of Buffalo, made a speech in Chicago the other night to a lot of bankers and the ! next day a reporter showed me the article and asked what I thought of it. I told him if he would have a number of copies printed and distri? buted to all the voters in the United States I would never make another speech on the silver question, but would rest my case on his argument. He tells the banker? they must keep their thumbs on their customers. We have felt the thumbs of the bankers heavily in the last few years. We must win this fight in i?9G If we do not win it then it will be too late There will be two avenues open to the people alter 189G. One will be repudiation and the other re? volution-and both I dread. If the English were to land in New York you would help to drive them out, wouldn't you? The English are in New York; they have been there for years Will vuii drive them out, even if party lines have tu be drop? ped?" MEMPHIS, June 13.-Notwithstand? ing rhe cloud that fer a moment threat? ened ro darken the horizon of The free silver convention of the Southern and Western States io the shape of the bolt? ing of prominent. Democrats because of the advocacy of the abolition of party lines by one or two of the speakers, the end was harmony and there was no fight over the resolutions after they were read to the convention, speakers being careful to avoid any reference to produce discord. The resolutions ad? vocate tbp. free and unlimited coinage of gold aud silver at the ratio of 16 to 1. declare that international co-opera? tion is*not necessary and attribute the recent hard times entirely to the de? monetization of silver. Although no'hiog wa- said in the resolutions about abolition of party lines as proposed by Sibley, Stewart, and others, the speakers of the day, almost without exception, took care to assert their Democraoy and to repu- j diate any affiliation with either Repub? licans or Populist-. The resolutions follow '.Silver and gold have in all ages con- I stituted the money of thc world, were thc money of the fathers of tho repub? lic, the money of history a^d of the ; Constitution. The universal experience of mankind has demonstrated that the joint use of both silver and gold coin as money, constitute the most stable standard of value and that the full amount of both metals is necessary as a medium of exchange. "The demonetization of either of these historic metals means an appre? ciation in the value of money, a fall in the prices of commodities, a diminu? tion of profits of legitimate business, a continuing increase in the burden of debts, a withdrawal of money from the channels of trade and industry where it no longer yields a safe and sure re? turn and its idle accumulation io the banks and the great money centres of the country. "There is no health or soundness in a financial system under which a hoarded dollar is productive of iocrease to its possessor, while an invented dol? lar yields a constantly diminishing re? turn, and under which fortunes a made by the accretions of idle capital or destroyed by a persistent fa' 1 in the price of commodities and a persistent dwindling in the margin of profits in almost every branch of useful industry. Such a system is a premium on sloth and a penalty upon industry, and such a system is that which the criminal legislation of 1873 has imposed upon this country. "The bimetallic standard of silver and gold has behind it the experience of ages and has been tested aud approved by the enlightened and deliberate judg meLt of mankind. The gold standard is a departure froai the established pol? icy of the civilized world with nothing to commend it hut twenty-two years of depression and disaster to the people and extraordinary accumulation of wealth in the hands of a few. There are some facts bearing upon the ques? tion, recognized and admitted by all candid men whether advocates of bi? metallism or of the single goid stand? ard. Among these is the fact that ?he very year that marked the change from thc bimetallic to single gold stand? ard is the very year that marked the change from a condition of rising prices, large profits, geceral content? ment and great prosperity to a condi? tion of falling prices, diminishing pro? fits, in security of investment, unem? ployed labor and a heavy depression in all branches of trade and industry, lt is not a matter of dispute even among the honest advocates of the gold stand? ard, that general prosperity came to an end with the destruction of the bimet? allic system and that bard times, falling prices, idle workingmen and widespread depression came in with the gold stand? ard and prevails to-day wherever the gold standard has been adopted. "Every international monetary con? ference that has been called, every de? mand in this country and in Europe for international agreement to re-establish the bimetallic standard, is a confession that the demonetization of silver was a blunder, if not a crime, that its consequences have been disastrous, that the conditions it bas wrought are full of menace and of peril. The logic of facts establishes beyond intelligent ar? gument that the destraction of silver as a primary money by a oonspiracy of selfish interests is the cause of tbe widespread depression and suffering that began with the goid standard. There can be no restoration of pros? perity, no permanent relief from the prevailing conditions, until the cause has been remedied by a complete resto? ration of silver to its proper place as money equal with gold. We believe in a money of stable values, we believe least of all in an appreciating standard It is only through the practical opera? tion of bimetallism that a stable stand? ard of value can be secured A stand? ard constituted of money constantly increasing in value is not a sound, single nor a stable standard, bur a constantiy changing standard. The effect of gold monometallism is to have one standard for the creditor and an? other for the debtor and there can be no more dishonest, monetary system than that which gives short measure to the borrower and loog measure to the lender. "Under the policy prevailing prior to 1S73, there can be no violent change in the relative value of the two metals, for a rise io value of one metal is coun? teracted by a decreased demand, and a fall in value by a higher deo>and. Under the operation of this beneficent law, a stable relation was maintained between them in spite of the most ex? treme production. From the first pe? riod of our history up to 1873, the right of the debtor to choose whether he should pay his debts io silver or gold coin was always recognized. The pol? icy has been to transfer this right to the creditor, thus tending to con? stantly increase the value of the dearer metal and destroy the parity between them. Believing that it is ab? solutely necessary to reverse this in? iquitous and ruinous policy, we, there? fore. Resolve, That we favor the imme? diate restoration of silver to its former place, as a full legal fender, standard money equal with gold, and the free and unlimited coinage of both silver and gold at the ratio of 1(5 to 1 aud upon terms of exact equality. Thar while wc should welcome the co-opcra tio? or' other nations we believe that the United Stares should not wait upon the pleasure of foreign govern? ments or the consent of foreign credi? tors, but should themselves proceed to reverse the "grinding process" that is destroying the prosperity of the peo? ple, and should lead by their example the nations of the earth That the rights of the American people, the interests of American labor, and the prosperity of American industry have a higher claim to the consideration of the peo? ple's lawmakers than the greed of for? eign creditors or the avaricious demands made by idle holders of idle capital The right to regulate its o^o mone? tary system in the interest of its own people is a right which no free govern incn can barter, sell, or surrender. This reserved right is a part of every bond, of every contract and of every obligation. No creditor r claimant can set up a right that can take pre? cedence over a nation's obligations to promote the welfare of the masses of its own people. This is a debt higher and more binding than all other debts, and one which is not only dishonest but treasonable to ignore. Under the financial policy that now prevails we see the land filled with idle j and discontented workingmen, and an ; ever growing army of tramps, men 1 whom lack of work and opportunity bas made outcasts and beggars. At ; the other end we find that a few thou? sand families own one-half the wealth of the country. "The centralization of wealth bas gone hand in hand with the spread of poverty. The pauper and the plutocrat are twin children of the same vicious and unholy system. The system is full I of menace to the liberties of the peo- ! pie and the life of the republic. The j issue is enfranchisement of hopeless servitude Whatever the power of; money can do by debauchery and cor- j ruption to fix its grasp on the la wm ak- j ing power will be done. We therefore appeal to the plain people of the land I with perfect confidence in their patriot? ism and intelligence to arouse them? selves to a full sense of the peril that j confronts them and defend the citadel j of their liberties with a vigilance that shall neither slumber nor sleep." The fight over the principles laid j down by Sibley in his speech last night, began early io the day, with no less B mao than Senator Isbam G. Harris at the head of the faction advocating simon pure Democracy. With him were Mr. Galloway of Memphis, for? merly edi tor of the Appeal-Avalanche, and Governor Clarke of Arkansas, be? sides many others of political promin? ence in their own parts of the country. These men said that they would secede from the convention if it endorsed Sib? ley's radical sentiments. Sibley said in bis speech last night that the time bad come to abolish the party in favor of the principle and it was to this tbe Democrats took exception. They de? clared the Democratic party was strong enough in itself to champion the cause of silver and they did not propose to turn over the convention to the Popu? lists aod Republicans, although these latter were welcome to the ranks of free silver. The fight spread to the room where the committee on resolu? tions was holding its deliberations, but fortunately it did not go further. The platform as was originally in? tended-contains no mention of any party. The convention adjourned to? night after speeches by WT. J. Bryan, A. J- Warner and Senator Wolcott. The committee on resolutions intro? duced the following resolutions which, like the platform, was unanimously adopted : Resolved, That a committee composed cf one member from each State be ap? pointed by the delegates thereof in this convention whose duty it shall be to correspond with the representative ?d- ; vocates of bimetallism and bimetallism societies in ':he different sections of the Union and devise measures to advance j the cause of bimetallism throughout j the Tnited States. That this committee ! shall have power to cause a natioualj conference of bimetallisms whenever, in i the opinion of the committee, the cause of bimetallism can be advanced there? by. Said committee shall have power to fill all vacancies. At the beginning oi* the morning session Kean St. Charles, of Arizona, who bad just arrived, was made vice president for that State, and John B. Park, for Kansas. Chairman Turpie then introduced Senator Stewart, of Nevada, who readily complied with the demand for a speech. At the beginning of the afternoon session Secretary Wade announced that these letters endorsing the work of the convention had been received : Sena? tor John T. Morgan, of Alabama : John P. Jones, of Nevada, and from Jas. L Pugh, of Alabama and E. C. Highest of all in Leavening Pow Walrha?l, of Mississippi. The letters were voluniioous and were not read to h e convention. There was uproar and applause when Senator JoDes, of Arkansas, arose to read the report of the committee on resolutions. It was received with wild? est enthusiasm and adopted without a dissenting voice. A resolution pro? viding for the appointment of a dele? gate from each State to a Natiocal Monetary Convention was theo intro? duced by Senator Jones aud unanimous? ly adopted. Ex-Governor Tillman of South Caro-* lina then spoke as follows: "I shall open roy remarks by congratulating you upor the representative character of this gathering. Some three or four weeks ago there assembled io this city a body called to teach 'sound money.7 After putting io motion all the secrets of the use of illimitable money and drumming up delegates from this chamber of commerce and that bank, they assembled to tell us what was the meaning of 'sound money,' and after having the people of this city, whose loans from the banks make them sub? servient to the banking interests, they succeeded in drumming up a large gathering and they had the Secretary of the Treasury to tell us the difference between sound money oow and sound money io '78. And, God save them, by request of the President they had three cuckoos who sold their birthright for the mess of potage, three Congressmen only ; and I saw in the paper that there was uot a solitary farmer in that party in this Southland where the proportion between the agricultural interests and rest is seventy-five farmers to twenty five of all other occupations. "What is sound money ? It is money which requires two pounds of cotton, two bushels of wheat, to get the same quantity that it did a few years back. I claim that such a dollar as that is a robber dollar of two hundred cents They tell you about the fifty cents dollar. Let us fling it into their teeth, the two hundred cent dollar. "There was some talk io Congress last winter by Mr. Carlisle, who pre? sented a bill of a financial scheme looking to the giving of some measures I of relief (that poor Congress, that piti I ful Democratic Congress did have the 1 saving grace to reject it, bur the j scheme is still on foot) as promulgated j by the banker's convention in Balti ! more that they shall have the green I hacks retired ; that the silver certifi ? cates shall be retired ; that the gcvern I meni shall retire from banking and that they shall have the issuing of ali the paper money in this country on a gold standard, at 'hat. The following national committeemen were chosen by the State delegations in accordance with the resolution passed at the afternoon session of the conven? tion : Alabama, J. W. Tomlioson ; Arkan? sas. Charles Coffin ; California, Alex Delmar; Colorado, A. W. Rucker ; Georgia, Judge N. W. Loogiey; Kentucky, J. A. Parker; Louisiana, Senator Blanchard ; Missiouri, J. C. Gage; Nevada, C S. Nixon; Nebras? ka, C. J. Smythe ; North Carolina. M. B. Elliott; Ohio, F. J. Scott; Pennsylvania, A. C Hopkins : South Carolina, J. A. Stokes ; Tennessee, John R. Goodwin of Memphis, tempor? ary chairman and J. H Acklen of Nashville, temporary secretary The committee will meet in Chicago in July, the exact time not being fixed, and there choose permanent officers and delegates at large --w*~ ?????in Stopped l'oncniag:. A Scotch gentleman, plagued by poachers, procured a cork leg dressed in stocking and shoe and sent it through tho neighboring village by the town crier, who proclaimed that i: had been, j found in a man trap on the previous J night ic Mr. Ross'grounds, who desired t > return i: to its owner. There was no mor?- po?tch?na" alter tha*. Tbe Fat si Wo-.:. "My darling.*' he exclaimed, raptur* ously. "How brilliant you arc. You fairly-or-bristle with ideas." The Chicago girl drew herself up to her full height and brushed him haughtily .iside as she swept out of the room. 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