New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-02-12
AGAINST FREE COINAGE.
BUSINESS MEN RAISE THEIR VOICES IN
PROTEST
ADDRESSES BY EX-sEcRETARY FAIRCHILD, Ex.
CONTROLLER TRENHOLM AND OTHERS.

CONTROLLER TRENHOLM AND OTHERS.
The solid business men of this city laid down
politics and partisanship last night to join hands in
mass-meeting at Cooper Union to protest against
the free coinage of silver The big hall of the Union
was nearly flled with an audience made up Of
SUBSTANTIAL American citizens and voters, while
on the platform were gathered more than hun
dred representatives of the commercial interests
of New-IOrk including the leading bankers and
merchants. The bar was also well represented.
The meeting was organized by the Reform Club
and was entirely non-partisan in character The
call was as follows
You are invited to attend massmeetng Of the citizens
of NewYork called by Reform Club to oppose any
attempt TO force upon business the Of cur
recognized by 10 lessen the
purchasing power Of the money which paid The wages
OF laboers-always the great creditor class OF county
reduce the value Of savings bank deposits life and
bencAt Insurance. which Interested The most proyi
mt OF ti7ens and cbang currency 10 intro.
duce confusion into all business transactions and disas
trousy affect the honor and credit the United States
All Of which results invoycd coinage OF silver
under existing conditions.
THOSE wBO SIGNED THE CALL.
These men signed it, and most of them were
present on the platform or in the front of the
house:
E. Ellery Anderson, Charles s. Fairchid Everett p.
Wheelef SchufZ Alexander l.. Or William Stein.
way, William S. Opdyke, Hugh r. Garden, John NJ.
Bowers, j. Edward Simmons, Edward Schell. Henry r.
Kunhardt. Frazer. Major & Co.. James Hirman. Eugene
Kelly, II. c. Schwab Merritt Trimbe, Francis H. Leg.
gett. John Gibb, George c. Williams Drcxe Morgan &
Co., Wills II. Paine, James McCreery. John B. H.
Hunt, c. b. Horton & Co., Cornelius " Bliss. Oswald
Ot:endorfer Otto Magnus Samuel Sondheim. Paul
Schwarz. Samuel T. Blagden Vernon H. Brown, Henry
IIentz Thomas NJ. Robinson. NJ. b. Fielding. John NJ.
Bullord, NJ II. Meyer, Robert Moore David A. Body.
Frederick Potter, f. II. Van Ingen f. A. Palmer NJ. j.
OLeary, g. q. Williams c. II. Waterbury, \. f. Sater,
Robert b. Roosevelt Thomas Hlhouse Henry Willard,
oclrichs & Co.. Z. A. Qulntard Andrew Mills Charles
Jenkins c. Cheney Frederick Wagner. Robert She.
William b. Stafford a. s. Frisse, W. r. Cornell, Joseph
T. Low, Bryce Gray p. Van Vokenburgh s. Co. Joseph
Wild Co., Walter Stanton Lee Tweedy & Co.. Green.
baum Co., r. B. McLea & Co., Gustav
II. Schwab, Windmuller, Henry b. B.
stapler A. Augustus Healy, Horace z. Deming, Calvin
Ton,kins. Henry Def. Baldwin, Robert Grier Monroe.
Walter 5. Logan, Schultz, Innes Co.. David Dows jr.,
j. Kupfel, II. g. Lapham Co.. j. f. Holloway, John
Dewitt Warner John Z. Townsend Joseph j. o. Donohue,
George Hoadly Philip Bissineer, John Paton August
Belmont John L. Riker, Brown Brothers & Co., Palm
Nelson & Co.. Lee & Co., Charles q. Binsdon NJ. IL.
Lehman, Il. p. McDouga, Segtrcd Gruner, Louis
EOscnfeld Franklin Edison, Ferdinand MotZ, James o.
Bloss, w F. Sorey. :. A. Patnan. II. w. Hanemann,
y. Gwynn, H. p Sondheim Hugh n. Camp, ii. HI.
Comnsnn I.idor Straus. T. E. Fleming. David Ledwith,
W. D. Van Week. ID. o. Eschbaugh, sheppard Homans.
John T. Willcts j. D. Vermyea Jmines, 1austedt Co.,
Edward Wood, Henry Hassler Charles Wietlng George
r. Vail Joseph 7. Brown, George r. Hill, ). b. Dutcher
john w. b. Dobrr, joseph Fox, Forstmann & Co., w.
srIIsberc & Co., 0. X Edrcdge, John l.. Dudley,
Leland Whitrev Il Coz Sherman Cecil & Co., Boyd,
sutton & Co. Frederick Victor Aehes William Barr,
William j. Coombs. William l.. Trenholm, p Chsuncey
Anderson Charles smith, Simon sCerne, Frederic H.
Coudert J. Haison Rhoades, Thomas G. Sherman.
COolsey, Peter Mallett, George B. Hopkins,
William FahnestoclI Fayerweather & Ladew, John ii. v.
Arnold Theodore w. Myers. William Dodge. EDWARD $.
JafFay & Co.. Charles Mall. Hugo WesetdoheK, MOTIFS
X. Jesup Abram :. Hewitt j. T. Tubby E. y.
Laphan William l.. Strong w. 7. Taber, J. L. Murray
y Hermanns, Sgourney w. Fay. Elkan Naumburg,
David Moffat Co.. S. 7. Hubbari, jr.. Walter 7.
Miller. Adoph Norlen, Thomas VI. Hauck. Gustayus G.
Hopkins Robert Woohcndtn, j. Q. \. johnson, W. II.
so,um Charles NJ. Vail, w. F. Hutchinson. Richard Il.
Cochran .ohn Crane. \. T. smith, George \. Dowden
= d. Tappcn. william II. stewart, Hoyt Brothers.
Richard Merritt Peters, Marc Eiiitz Charles
l.. Aar.an s. Warr,n Sncden George c. Waldo, W.
Wetmose Cryder, j. L. Baldrdse Thomas C. Acton
f. Suydam. Thomas l.. James Lca,itt & Mitchell
Brothers. \. stcinhardt Brothers, Bings & Pnner,
f. Blumenthal 4 Co.. shattuck & Singer, Richard Young.
Milford Cary Conklin, Julius LoNenthal & Co.
Mr.. CLEvELAND's LETTER.
Charles s. Farchld, eX-Secretary of the Treas
ury, called the meeting 10 order. and r.. Ellery
Anderson was invited to be chairman. Mr..
Anderson made the first speech. and was followed
in turn by Mr. Fairchild, Louis Windmuller.
William T. Dodge. William L. Trenholm. ex-Con-
troller of the Currency and Professor j. Lawrence
laughlin, Of Cornell University. In n letter 10
Nr. Anderson. Tcgrettng that he could not at
tend the meeting. Grover Cleveland said he was
clad that the business interests of New-Nork were
al last TO be heard from on the subject OF free
coinage.
" Ii surely cannot he necessary he wrote, " for
me to make formal expression of my agreement
with these who believe that the grayest perlS
would he invited by the adoption of the scheme
embraced in the measure now pending in Congress
for an unlimited coinage of silver at onr mlnts.
If we have developed an unexpected capacity for
the assimilation of a largely increased
volume of this currency. and even il
we have demonstrated the usefulness of such
an increase, these conditions fall far short Oh IN
,urinc us against disaster il in the present stua-
ton we enter upon the dangerous and reckless
experiment Of free, unlimited and Independents
silver coinage.
PASSING RESOLUTIONS.
The meeting was conducted with spirit, and
when the following resolutions were proposed there
was only one voice against their adoption. Thai
voice said No,' halt n dozen times in the course
Of the evening when cscrybody else said les,'
but nobody noticed 10 whom IT belonged, and, as
a matter of fact, nobody cared. These are the
reSolutiOns
Resolved That first requirement OF sound metailie
currency It's value shall be permanently sAoe
Kcsoycd Ihat equality OF value between fl-9
, n, standard silver and 25S grains OF standard sOd,
scrted in the bill for ccnace Of silver IS untrue IN
fact * contrdictcd record o. the market price of
,yor bnlon for many years, and carnOt be susta.nd
against the financial policy of all CIVILIZED nations