The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-08-19
A SOUND MONEY CLUB.
Business Men Unite to Fight
For an Honest Dollar.
RINGING WORDS AGAINST SILVER
James 3. Goldsmith Made Temporary
Chairman-A Crusade Against
Financial Heresy.

b. a temporary organization in business
I like way and IN manner that savors OF
great success during the campaign. Short
addresses were made by young men who
/ have achieved marked success in the mer-
camille world and who are united 10 fight
the common foe, silver and Reputation
| irrespective Of party ard party affiliations.
A look about the Chamber of Commerce
assembly room, in which the meeting was
held, was argument sufficient 10 satisfy
any right-,hinking man that the side or
gold is the proper side with which TO iden-
tify himself, as these men are the ones
sho will be affected in case silver wins
and the predicted panic occurs. Despite
an unfavorabIe night for the holding OF a
meeting. fully i5e Of the leading merchants
OF the city were present. every one enthu-
s!astic over the formation OF club where
they will be banded together for common
purpose
James s. Goldsmith, who first conceived
of the idea OF club for Seattle and who
has been instrumental IN working up the
enthusiasm. called the meeting 10 order,
stating as he did 50 that il was intended
10 make the club a purely non-partlsan
organization founded on business princi-
pies. the. paramount object being to join
the business Clements Of the city and place
before the wage earners of Washington
a concise and plain statement OF facts on
the money question and its effect on trade.
We want 10 impress firmly on the minds
of the business men in this state the neees-
sity of electing a man for president that
is sound on the financial question" said
Mr.. Goldsmith, for the simple reason
that his business Will be better subserved
under a gold standard than under free
silver. Ii is the intention of the club TO
perfect organization without delay and TO
educate the citizens by personal canvass
among them and by sending out docu-
ments throughout the city and state plac-
ing before the business voters facts that
are uncontradictable. OF course the other
side, which by the way is composed most
~ or dIsgrunted office seekers and side
walk orators, will say that better times
viii follow on the heels of silver victory.
This may sound well enough 10 those that
do not know better but business men gem
orally know better than that. for they are
the ones 10 suffer should panic occur
which Will certainly be the case should
Bryan be elected. This is not question
or politics with US. il is question OF
bread and butter. and by placing facts be-
fore the business men and wage earners
IN clear manner firmly believe We can
win this state for William Mckinley
From personal canvass OF the busl-
ness men of the city / find that 90 per
cent or them favor the gold standard. and
with very little effort we can convert the
other per cent. 10 our way OF thinking
pcHtiSlIlcI, our business interests demand
that We work as we have never worked be-
fore for the preserya ton of the gold
standard. which We know is our only sal
walton"
These remarks were loudly applauded
and in few moments, when the election
or temporary chairman was suggested,
Mr.. Goldsmith was honored by unani-
nous election. Charles 5. Clark. of Spen-
Ger, Clark & Co, was elected temporary
secretary Upon the election of the tenn
porary offices Mr.. Goldsmith stated that
II was the purpose TO organize the club
permanently at a meeting TO follow short
~, and present at that time a general out
line of the course TO be pursued during the
campaign. The initiation fee is to be MOTH
ing, the funds for the running of the or
ganizatlon coming from subscriptions
The only salaried officer is 10 be the Sec
rotary, whose duties shall be TO keep the
merchants in the city and country sup
| piled with documents that will be promul-
| gated from time 10 during the campaign
| and Will answer all correspondence. A. Y.
| Graham was appointed a committee to ar
| range the plan of procedure and report
! at the next meeting of the club. which
| has been called for next Friday evening
| at the same time and place. One thing
! that will be definitely settled upon Is that
| the organization Will be composed of bust
| ness men, which will necessarily exclude
| bankers and professional men.
| AtS.dSAlk T. " oEdNtS. OF @A3fuDsT
! OF Commerce was present and was called
| on for any remarks or suggestions he might
! wish 10 offer. He started In by saying tllae
| 10 his mind the organization gas most
| excellent one and would no doubt 90 great
| good In this campaign and in aiding in
| the settlement of the financial question.
/ which to his mind was the most nlcp1ent-
| Gus since the civil war. He thought that
| every business man and financier in the
| United States should band together. ire
| spectlve of party ties. and work for The
| preservation OF the gold standard. He re-
/ garded the free coinage Of silver as the
cutting in two of the standard OF values
| and characterized ii as meaning nothing
| more or less than reputation. 1T simply
| means" said the speaker. that the glor.-
| Gus name Of this glorious republic will be
| stgmatized should this silver question
| prevail. and viii cause stencil that will
| last for centuries"
| Homer T. Norton followed Mr.. Graves.
| and in 4 few brief words made statements
that meant volumes. He said: Il an
| deeply interested in this question because
I * concerns our credit IN money centers.
| and when our credit is impaired il causes
an uncertainty that is not at all pleasant
| 10 contemplate. Hardly n day passes bur
we receive letters from the East asking US
/ how the state stands on the financial cues-
ton and how the business men stand
| When things reach this stage business
| men should buckle down and work for
/ their own interests. irrespective. ef partv
/ affiliations. We must maintain our cred.
and unless we do We all OF MS know what
/ the result VIII be. II means ruin. I be-
{ lieve this club IS move IN the right atrec-
/ zion and viii accomplish a vast amount OF
/ good
PHI Kelly. another OF Seattle's leading
/ young business men. was called on ana &,
! a ringing address Of a few minutes durs
1 ton gave his Views on the money ones.
/ ton. which ne thought was the paramount
/ issue OF the campaign and 81 thc country
{ at means the future pToS9e-itv OF oYr
! beautiful city, or It's fan he said TAKE
( away our credit and what have we leftp
! Nothing. But preserve that credit bv,
| electing William Mckinley. AMI we car
/ negotiate loans for any amoaat Close m
| she business houses. and what be-or,es ~
| the wage esraer% He Is without work a.g
has no mesns % providing f9r his llttI@
I once. What happens them Starvation
I and calsmities. Il hehooves the cltize,