The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1893-06-30
BOARD OF TRADE.
Resolutions Passed, Asking for the
Repeal of the Sherman
Silver Act.

At the meeting OF the Board of
Trade this morning Gen. E. M. Pope,
from the committee on railroads and
nsportation, read on item from
yesterdays ST. Paul Globe which stat
ed that the matters for complaint
between this city and the railroads
had been amicably adjusted and that
there was a general desire to drop the
proceedings. This report, he said, was
partly incorrect. The complaints
against theNorth western and Milwau-
kee & St. Paul roads had been with
drawn as already reported to the
Board. In regard to the complaints
against the other railroads, as affect
ing the freight tariff between this city
and Superior, he produced letter re-
ceived yesterday from Attorney Gen
eral Childs stating that he had taken
the liberty to withdraw the other COM
plants pending conference which
he desired to bring about between the
railroad men and business men of this
city, before the Railroad Commission.
He suggested the propriety of having
such a conference and suggested that
some date be named upon which a
meeting could be held at st. Paul.
Gen. Pope favored naming date.
J.. Willard stated that he thought
it very important that the matter be
followed up and he favored having
the committee go to ST.. Paul in a
body, their expenses to be paid by the
Board.
M. G. Willard embodied this sug-
gestion in motion, which was unani-
mously carried.
A bill for S16.55 for stone used in
making the Worlds Fair fountain
was received from w. B.Craig. This,
together with bill for 81 from A.
Blissenbach for five photographs of
the fountain, was referred to the foun-
tain committee.
M. G. Willard offered the following
resolution which was unanimously
adopted:
WHEREAS, In common with bust
ness men throughout the country, we
believe the present financial Stringen-
cy 10 be largely due to the operation
of the Sherman silver purchase law,
and that the continuance of these con-
ditions is reducing the production of
wealth in this country millions of dol
lars daily, and
WHEREAS, We believe that only
the speedy repeal OF said law will
avert widespread financial and indus
trial disaster, and restore confidence
in time to release sufficient money to
move the rapidly maturing crops, and
WHEREAS, There are strong indi-
cations that majority of both houses
of Congress have already reached like
conclusions, therefore
ResolUed, That the Board of Trade
of the city of Mankato does respect
fully request his eXcellency, Grover
Cleveland, president Of the United
States, to call an extra session OF con-
gress as early as August 1st, for the
purpose of considering the repeal of
the Sherman silver purchase law.
Mr.. Willard stated that it is desira-
bic to have session of congress as
early as Aug. 1st in order that it
might take action in time to relieve
the monetary situation before the
time for moving the crop occurred.
The farming community will other
wise feel the financial stringency more
than business men, as the prices of
wheat cannot advance under the
present conditions, as there is no
money to buy it with. A magnificent
crop is coming on and the farmers
will make little on it unless there is
relief.
J. A. Willard stated that it would
be absolutely impossibly for grain
men to get money to move the crops
unless congress gave relief.
M. G.. Willard then introduced the
following resolution, which was also
unanimously adopted:
WHEREAS, The continuance of the
present financial stringency is threat
ening disaster, not only to the COM
mercial, manufacturing and mining
interests of Minnesota, but to the
farming classes as well. by reducing
the ability of consumers to buy their
products, and by making 1T impossible
to procure money sufficient to pur-
chase at any price and move the rap
idly maturing crops, and
WHEREAS, The conviction has be-
come widespread and strong in this
country and Europe that this strin-
gency is caused largely by want of
confidence induced by the operation
OF the Sherman silver purchase law,
RESOLVED. That the Board of Trade
of the city of Mankato, respectfully
but earnestly request all members of
both houses of congress from the
statelof Minnesota to urge forward
and vote for the early repeal of the
Sherman silver law.
The secretary was requested to send
copies of the resolutions to President
Cleveland and the Minnesota senators
and congressman.
The Board adjourned.
Children Cry fol