The morning times., 1896-12-02
CURRENCY TO Be DISCUSSED
Convention of Commercial Bodies
Will Be Held at indianapolis.
iminary Conference Held In That
Cty-Bnsis of Representations.

Indianapolis Ind, Dec. IA national
convention of the commercial bodies Will
be held this city early next year, probably
January 12, for the purpose of suggesting
such legislation as may be necessary tO
place the currency system OF the country
on sound and permanent basis. This
action was the practical outcome of the
convention called by the heIndianapols Board
OF Trade, which finished its work today.
The formal call for the general convention
will be issued in a. few ,lays by sub
committee of Indianapolis delegates.
Justus c. Adams, president OF the In.
dianapolis Board Of Trade, called the con-
ference to order at 2:1O M, and secre.
tary Smith called the roll Of cities
President Adams then read an address In
which he stated tlfat in view Of the recent
election the people want stable currency,
and with such an end in view the Indian
apOlis board OF trade called the confer.
ence. He limited that the-rctirement OF the
greenbacks is step in the right direction.
Mr.. Smal,ey OF St Paul offered resolu-
tion to the effect that call be issued in
viting reports from each commercial body
in cities OF the United States of over 49,
900 Inhabitants t6 attend national con-
vention to be held Id Indianapolis in 1897
TO discuss the financial question: to offer
remedies to Congress, or to advise the ap-
pOintment Of q commission TO prepare REM
edies.
Deiegate Tanner of Indiana presented
an amendment to that part of Mr.. Small
ey's resolution which referred to the rep
resentation of the various cities. Mr..
Tanners amendment recommended a rep
resentation according to the population
OF $3.50, OF cities of 5000 and over, which
would make convention of about l 200
delegates. The amendment was accepted
and rererred TO a subcommittee.
EX-Attorney General Miller and John
R. Wilson. both OF Indianapolis, addressed
the conference at some length.
At the close OF Mr.. Wilson'S address Mr.
Snalley Of st. Paul offered resolution
calling u national convention. A difference
arose over the method of representation
and the question was finally referred to a
committee composed of NJ. E. Ingalls, OF
Cincinnati, II. H. Hanna OF IndiaDapo
F. 7. Roots of Connersville, E. v. Smalley
Of St Paul and Mr.. Kauslnan of Chicago.
This committee reported resolution de-
'cianng IL the sense OF the conference that
n general conference of commercial bodies
he called ut Indianapolis on January o
Tor the purpose of suggesting such legisla-
ton as may be necessary to place the
currency system OF the country upon a
sound and permanent basis. 1t was found,
however, that the hail could not be secured
oi january D, anu the date was ieit 10 Il
local subcommittee. 1t probably Will be
fixed at January IL.
The executive committee tonight adopted
the following hasis of representation:
One delegate for cities of from 5000 to
10000, two delegates for cities OF FROM
10000 to 15,OO0; three delegates for
cities of from 10000 to 25.O00. four dele
gates for cities OF from 25.OOO to 10000
five delegates for cities Ct from $4,000
to 100, 900. six delegates for cities OF
from 100000 to 100000, seven dele
gate for cities OF from 20 900 to
100000, eight delegates for cities Of
from 400, 900 to 1,OO0, COO twenty dele
gates for cities OF / 900 900 or over