St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-02-25
CONFERENCE OF NEW WORKERS
WITH THE SECRETARY OF
THE TREASURY,
SOUND MONEY DISCUSSED.
CONSIDERATION is GIVEN THE
BEST MEANS OF KEEPING RE-
SERVE ISTAcT.
But the Meeting Was Held to For
muIate Plans to Forward Sound
Currency IDEAS.


NEW YORK, Feb. ;24.-Nearly all the
leading bank presidents received a let
ter from Gustave Schwab, chairman
Of the chamber of commerce special
committee on sound financial legisla-
ton, saying: Secretary Carlisle will
be in the city today, and Mr.. Hamlin.
the assistant secretary of the treas
ury, informs me that Mr.. Carlisle will
be glad to see members of our COM
mittee on sound financial legislation
for the purpose of consulting in regard
to money agitation, at o'clock this
afternoon at the Fifth Avenue hotel"
The conference commenced very soon
after o'clock. Secretary Carlisle was
one of the first to arrive at the hotel.
He was followed by Louis Windmuller,
Isidor Strauss, President G. G.. Will
Jams, of the Chemical National bank:
President John P. Townsend, of the
Bowery Savings bank; Charles Stuart
Smith and Gustave H. Schwab, Henry
Hentz, J. Kennedy Tod and Henry w.
Cannon, of the Chace National bank.
At the conclusion of the conference
it was stated that only the members
of the sound currency committee of
the chamber of commerce had been in
vited to meet the secretary.
The gentlemen mentioned were in
Secretary Carlisle's private room for
upwards of an hour and half When
they left, Gustav H. Schwab said that
the time had been devoted to a gen.
eral exchange of views concerning the
financial situation and the best meth
DDS of carrying on the sound money
campaign. Mr.. Schwab added that the
only definite outcome of the confer
ence was that it was decided to call
a special meeting of the sound cur
rency committee of the chamber, to
be held at 2:30 Wednesday afternoon.
Isidor Strauss said: at is a mistake
to attribute so much importance to
this meeting as some seem inclined to-
All it amounts to is that we were in
formed that the secretary would be
pleased to meet us for an interchange
Of views. Only the members of the
chamber sound currency committee
were invited. The
TALK WAS PURELY GENERAL.
1t is matter that you cannot form
ulate in an afternoon But everything
related to deciding upon the best plan
for forwarding the sound currency.
T. of course, cannot say what was
suggested. Opinions differed as to the
methods to be followed, but in the
future we hope to formulate some gen.
eral plan of action
Henry Hentz, chairman of the finan-
cial committee of the chamber of
commerce, said: THE object of the
conference was to, discuss the best
Gf EpaniTo in,
tact to receive suggestions which might
be made respecting policy to restore
business confidence and also to talk
over the silver question:. Further than
that 1 can say nothing"
From other sources it was learned
that views on the money outlook were
interchanged Secretary Carlisle in
quired with much interest as to pros
pective shipments of gold. He was
told that no heavy shipments to Eu-
rope were expected.
Secretary Carlisle, in short talk.
said that he believed both political
parties would adopt sound currency"
planks in their platforms; he was con-
hdent that this course would be fol-
lowed by the Democrats. He said that
reports from all sections showed that
the movement for Sound money was
gaining in popular favor. The late
popular loan, he added. was fine evil
dence of confidence. Gold had been
brought forth from hiding places, as
was shown by the offer of gold coined
at Dahlonega, Ga, mint long ago
closed.
He complimented the chamber of
commerce for its energetic work. The
outlook for business, he said, had
greatly improved. With good crops
for the coming season and a strong,
united movement for sound currency"
business prosperity would be assured.
Secretary Carlisle was the guest Of
honor at dinner given by c. c. Bald
win, at the Metropolitan club tonight
During the dinner note was sent to
Mr.. Baldwin inquiring whether any
formal discussion of the financial stu
alton would be held. The reply was
that there were no set toasts and that
the function was altogether informal
A reception, to which 500 invitations
have been issued, will be given at the
Manhattan club tomorrow night