The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1885-10-02
SHUTTING OUT SILVER.

The Anti Coinage Resolution Adopted by
the Bankers COMMUNICATIONS on
Dcfalcations and Extradition Treaties
Election of Officers--Adjournment.
CHICAGO, Sept. 25. - President Gage
called the Bankers Convention to order at
ten o'clock yesterday morning with only a
scattering attendance, and read the silver
resolution and an amendment offered by
Mr. Flanagan. Mr.. Gage said in explana-
ton that the resolution was adopted by the
Executive Council after careful considera-
ton and discussion.
DR.. c. ID. Bevington, of Wintersett Ia,
offered the following as substitute for
both the resolution and amendment:
"ResoEred, That tits the sense of this conven-
ton that the crime of deprecated silver coin
is against the best interests of the country,
and that we recommend Congress to raise the
standard of silver to equal that of gold and
that we are in favor of calling an Information.
al Convention for the purpose of establishing
uniform coinage
Upon being submitted to the convention
Mr.. Beyington's substitute was lost. The
amendment offered by Mr.. Flanagan was
also lost. The original resolution was
adopted with only five or six negative votes.
1t reads as follows:
g Rescued That it is the sense of this con.
ventiou that the coinage of silver dollars nm
der the compulsory law of 1878 is detrimental
to the best interests of the people and
dangerous to the welfare of the Government,
and that the law should be Immediately suS
pended, and remain imperative until an in
ternational agreement with leading COM
mercial nations shall give substantial assur-
ance as to the future relation of gold and
silver as money"
Mr.. Rhawn, of Pennsylvania, of the Com
mittee on Nomination of Officers reported
as follows: President, Joseph Patterson,
Philadelphia; First Vice-President, L. c..
Murray, New York; one Vice President
from each State and Territory, and an eX-
ecutiye council of twenty-one, in which the
only change from last year is the subSttlt.
ton of l.. j. Gage, of Chicago, for Edward
S. Butts, of Vicksburg. Miss; Treasurer,
George F. Baker, Philadelphia; Secretary,
George Marsland, New York.
Mr.. johnson, of Alabama, offered sub
stitute by inserting the name of l.. j. Gage
for that of Mr. Patterson, and it was can
ried with great enthusiasm. The report
was then adopted. Mr.. Gage said he had
refused to accept the position, but yielded
to the will of the convention.
An address, written by w. p. Drew, of
Philadelphia, upon defalcations and the
means Of preventing losses to banks there
from, was read by Mr., Rhawn. He advo-
Gated the separation of the handling
and custody of money and other
funds from the clerical force of the bank
that tellers should be intrusted with
cash only; that individual book
keepers should be rotated without notice;
removing the Objectionable feature of tho
cashier keeping the general ledger, and a
compulsory leave of absence given each
employe for short time each year so his
work would be exposed to others; the ex-
animation of directors without notice, and
the counting of the cash of the bank, in
Guiding mutilated notes.
Mr.. II. II. Camp offered a resolution
asking the Executive Committee to take
steps by memorial or otherwise to procure
amendments TO the extradition treaties now
in operation, so as to secure the return of a
large class of bankers who were fugitives
from justice. The use Of the term g a
large class" was objected to, and elfmi-
mated, and the resolution was then adopted
Mr.. McMichaels read a paper by w. b.
Williams, of Newark, n. j., ON defects in
some OF our extradtion treaties. He care
fully went over the substance of the present
oLNetuiNo INV III OAAoUCiiOC3 uill OuSSCoGCt do
relief or improvement the follow,
ing First-A modification of the treaty
with Great Britain SO as to cover
the embezzlement of public and private
funds; and, second, in pursuance of tho
same policy, efforts should be made to
modify the treaties with the great COM
mercial Nations of Germany and Austria
so as to make them include the crimes OF
private as we'll as public embezzlement.
c. c. Bonney, of Chicago, followed in
the same line and advised the taking of inn
mediate steps to prevent this worst of all
crimes. He advised the change of tho
treaties so as to include these criminals,
and, although it could be done otherwise,
perhaps, it needed some agency to
have the matter in hand and push il
steadily to the end, for change
in the treaties was absolutely necessary.
He offered resolution covering this
ground. which was referred to the Executive
Committee. After q vote of thanks had
been rendered the railroads, the press and
the different speakers the convention adj,
journed. The fixing of place of meeting
for the next annual convention was deferred
to some future meeting of the Executive
Committee.