The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-12-01
On a Broader Scale, Should the
Government,
SAYS MR. j. C. ADAMS
President of the indianapolis
Board Of Trade,
To the Monetary Conference OF
the Central West,
Which Assembled In That City
This Afternoon.

Indianapolis. Ind. Dec. 1-An the
cities invited to the preliminary confer
ence in this city, called by the local
board of trade. looking toward nation
al monetary convention, responded ex-
cepting two. These were Louisville and
Kansas City.
Tt was the original intention to hold
the first session at IL o'clock this morn
ing in the Century club rooms at the
Denison hotel. but owing to the late an
rival Of several delegates the initial
session was not called to order until 2
O'Clock this afternoon. This change Of
programme VIII probably extend the
conference through tomorrow
When ]. c. Adams. president of the
board Of trade Of this city called the
conference to order, the following or
ganizatiOns were represented
Cincinnati Chamber of Commerce,
Chicago Board of Trade. Cleveland
Chamber of Commerce, Columbus Board
of Trade, Detroit Board OF Trade, Des
Moines Commercial Exchange Grand
Rapids Board of Trade. Indianapolis
Board of Trade indianapolis CONNER
cial Club, Milwaukee Chamber of Com
merce. Minneapolis Board of Trade
Omaha Board of Trade and Peoria
Board of Trade
President Adams address in part was
as follows
THE INDIANAPOLIS Board of Trade in
common with the business interests of
this country. believe that the result of
the recent election was an earnest pro-
test against the debaSemenr of our
monetary system, as well as a positive
declaration in favor of a sound, sta Bile,
and unhuctuating currency. I'm further
ance of these views this board issued q
can TO the boards of trade and CONNER
cial bodies of what is known as the cen
tral west, inviting them TO send dele
gates TO preliminary conference which
conEenes today.
This conference will consider the add
visa a1llty on issuing a more extended /
cali for a larger convention Of the cctn-
merclal bodies OF the principal cities to
discuss the question what ouEht TO t5,s
done to cure the radical effects in eur
monetary system, and if deemed prac-
tlcable and for the best interests of all.
Up create a nOn-p partisan commission
composed OF able, experienced and fair
minded business men whose duty shall
be to formulate a plan which win re-
move existing weak spots in our pres
enu cumbersome and defective system.
place the finance of the nation on a
sound basis TO prevent the possibility of
frequent monetary disturbances.
Permit me to say. gentlemen that
behind this call i'm answer of which you
nave convened today. there turks ne
plan, scheme or policy by which it is
proposed to altar or change our present
system on any particular plan or on q
special line
within the last so days the people of
unalterably opposed to a cheap and
uuctuating dollar of uncertain value
we must not take this overWhelrr-
1ng expression of the people as a final
and complete settlement of the issues
involved, nor as an unuuestioned 9o-
eeptance of our present monetary svs-
tenn out rather as protest against a
5tep DackWard- Between the lines Of
the returns of the recent election there
ls shown pronounced public sentiment
laNoilng currency reform. with an evi-
eenl i purpose On the pRrt Of converse
tive and reflective men. to examine into
our national finance and remove with
the least possible delay. whatever weak
ness or defects may appear
Different views are entertained as to
eaJhods of procedure and details IF
pan IN the matter of currency revision
put after our greivous and costly exper-
renee We are forced TO the conclusion
fnat the time now has arrived when fhe
government must either discontinue the
nanklng business with its expensive
ana complicated system, or 20 into if
tA broader, better, defined and more
comprehensive scale. The game is NOS
worm the candle. The burden is Too
AeaNy 20 be safely borne and no ing5
NAauaI' corporation. or government can
conduct business ON "a safe anf a-77v95
pasls who has demand notes calling fa7.
mllhons of dollars in existence and CIR
Iu4s lloA "hlcn notes are liable in q
period of stringency and panic r. he
Drought TO the counter for rademDtfon
and when so redeemed are refssllad fr77s
acting as a standing menace t0 the s-ay-
eminent reserve and a continual threat
TO the trade and business of the country
causing disturbance and unsettled val
ueS of every character
The cause OF our trouble is not diff
cult to locate To determine the best
course to pursue and apply remedial
4eAlsiaU0n that viii provide the great
nation with a sound uniform and elias
-le currency, whether it be gold. silver
- paper IS the intelligent purpose and
para mount question which viii claim
tls7 pest thought and business Judgment
= .lle c9nlerence which you are about
~ S-'lislI5f Ine propriety of calling.
olltiIlans are prOVerbiailv tinid
Ss9A 10 lne verge of coWardice bur
AileA ehllInent is crystaIfzed and given
deHmte shape.by the commercial bodies
ana business men of the nation it be-
comes moral force and recornfzed
power which even law makers will moi
ignore or refuse to heed
The attention Of the country fs center
ed ON this gathering and well IF r7az-
Tor no movement of recent z-aars ~
embodied so much thought. esrnes+.lfss
OF purpose and exalted aim or has 80
en- promise of such fruitful results a.
the action You are about to take
Medal for Prof Roentgen.
London. Dec. lat a meeting Of the
Royal society yesterday Sir John Lister
foreign secretary. presiding. medals were
presented TO Prof ROentgen for his raw
discoveries and to the French Prot
4olsson Tor his discovery of the isola-