The Prince George's enquirer and southern Maryland advertiser. (Upper Marlborough, Md.) 1882-1925, 1896-05-08
TIFF, GOLD STANDARD.

| The Board of Trade of Baltimore deciar-
ed Monday in favor of sound money ana
| the maintenance of the gold standard as
| follows:
The continued uncertainty arising
| from the failure of COngrc to enact lcglsla
| ton looking to Il reform of our defective
financial system is paralyZlh@ trade and
| intensifving the distrust which European
| nations have acquired toward our lnstltu-
tons. Having uppcrmost in our minds
| the welfare and progress of our country
and realizing the necessity of relief from
| the present alarming situation, the Board
| of Trade of Baltimore city. which has 50
| often stood up for the sound financial
| principles demanded by commercial honor
| once more places itself on record as being
uncquivocally opposed to any dehasement
of the currency; and recognizing the fact
| that the United States cannot adopt the
| unlimited coinage of silver without the
| concurrence of the great European nations
| a result only to be reached through inter
national conference, this board favors and
| urges the maintenance Of the gold stand
| ard as now in use by the world most civil
| lied governments
Sound money is vital to our national
| and commercial prosperity Any mccr-
| tainty on this score dwarfs the resources of
| our country and the energies of our
people.
THE national convention soon to be
| held in Chicago and st. Louis will offer
| opportunities for the clear expression and
| adoption of sound principles bearing upon
| this important subject for the future gov
eminent of our legislators in Washington
| such principles which, if carried out,
| would bring relief and lasting benefit to
our suffering industries and people
The State of Maryland has always
| been foremost in advocating the mainte
nance of Il currency inferior to none i'll
purchasing power i'll the markets Of the
| world. Her commercial life is so inter
! twincd with that of her sister Southern
States that whatever affects them must
necessarily react upon her. Therefore,
| believing firmly that the unlimited coin
| age of silver by the United States without
| the sanction of international agreement
would prove harmful to their interests,
we appeal to the various boards of trade
| and other representative bodies, as well
rs to all serious thinking men in the
| Southern States. to join with us in urging
| upon their representatives III Congress
| and their delegates to both national con-
vcntions the Importance of Il rigid adhc
renee to the present standard OF value, i'll
order that the distrust created by this
| country pitStIll uHlSlt tain tttlit On
this vital question may be dissipated
| AT the same time we favor referring
| the settlement of the silver qcestion to an
| international conference, but until this is
| done we believe that the country's wei
| fare and the preservation of our credit de-
mand the maintenance of the present
| gold standard.
The declaration Of this principle, fol-
lowed by its early adoption at this critical
| period, will have the effect of restoring
confidence at home and abroad, and the
avenues of industry will be reopened once
more to the profitable employment of cap
ital and labor.
IN view OF the pressing Importance of
| this question we advocate the necessity of
holding a sound-moncy convention in
| Chicago or in St Louis at an early date
| The report was signed by William
| Chcckley Shaw, German H. Hunt, John
| Peasants and John B. Ramsay, of the
committee on banks and currency, and was
unanimously adopted.
i vote of thanks was given Senator Cor
man and Representative Harry Welles
Rusk for their efforts in securing an APP
preparation from Congress of 100000 for
deepening the channel in Baltimore har-
| Dor and its approaches.