The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-02-25
CARLISLE AT GOTHAM
THE SECRETARY CONFERs WITH
PROMINENT "sOUND-MONEY- MEN.
He Discusses Plans for Combatia8
the Silver Movement and Also
Talks About Gold.

NEW YORK. Feb. 2l-Nearly all the
leading bank presidents this morning re-
ceived letter from Gustav II. schwab.
chairman of the Chamber OF Commerce spe-
cial committee on sound financial legisla-
ton, saying: Secretary Carlisle will be in
the city to-day. and Mr.. Hamlin, the as
/. sistant Secretary of the Treasury, informs
me that Mr.. Carlisle will be glad to meet
members of our committee on sound fnan-
cial legislation for purposes of consultation
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. Isador
Strauss. President G. G. Williams OF the
Chemical National Bank. President John
p. Townsend of the Bowery Savings Bank.
Charles Stuart Smith and Gustav H.
Scwab. Henry Hentz, ]. Kennedy Tod and
Henry w. Cannon OF the Chase National
Bank.
At the conclusion of the conference IL was
stated that only the members OF the sound
currency committee of the Chamber OF
Commerce had been invited to meet the
Secretary. The gentlemen mentioned were
ward of an hour and a half. When they left
Gustav H. Schwab said that the time had
been devoted to a general exchange or
and the best methods Of carrying on the
sound-money campaign. Mr.. Scwab added
that the only definite outcome OF the con-
ference was that IL was decided to call q
special meeting of the sound-currency COM
mittee of the Chamber of Commerce. TO
be held at 2:3o Wednesday afternoon;
Isador Straus said further: 1T Is a mistake
to attribute so much Importance TO this
meeting as some seem inclined to. All IT
amounts TO is that we were informed that
the Secretary would be pleased to meet US
for an interchange of views Only The
members of the chambers sound currency
committee were invited. The talk was all
purely general. IL Is matter that you
can't formulate in an afternoon. But ev-
erythng related to deciding upon the best
plan for forwarding the sound-currency
suggested. Opinions differed as TO the
methods to be followed, but I'm the future
we hope to formulate some general plan OK
action"
Henry Hentz, chairman of the fun hnan-
cial committee OF the Chamber or Conn
was to discuss the best means of keeping
the gold reserve intact, 10 receive sugges-
tons which might be made respecting q
policy to restore business confidence, and
also to talk over the silver question. Fur
Their than that i can say nothing.
views on the money outlook were inter-
changed. Secretary Carlisle inquired with
mucn interest as TO prospective shipments
VI kOlu. he NdS lOil that uD utdtl snip
ments to Europe were expected. Secretary
Carlisle. in short talk, said that ne be-
lieved that both political parties would
adopt ''sound-currency" planks in their
platforms; he was confident that this courss
would be followed by the Democrats. He
said that reports from all sections snowei
that the movement for sound money" was
gaining popular favor. The late popular
loan, he added. fine evidence of comb
dence. Gold had been brought forth from
hiding places. was shown by the o1er
OF gold coin at Dahlonega. Ca, mint long
since closed He complimented the Cham
Der OF Commerce for its energetic work.
The outlook for business. he said. was
greatly improved. With good crops for the
coming season and a strong, united move
ment for sound currency" business pros
perity would be assured.
Secretary Carlisle was the guest OF nonor
at a dinner given by G. G. BALDWIN at the
Metropolitan Club tonight. Covers for thir-
~ were laid in private dining room over
looking Fifth avenue. Among the gentle
men invited to meet the secretary were j.
Pierpont Morgan. Frederick ID. Tappen. Per-
Woodward. Benjamin II. Bristow, William
Solomon James v. Parker Samuel ID. Bah
cock John Lee Carroll of Washington. Sem
ator w f. Villas OF Wisconsin Frederick r..
Coudert Ex-Governor Flower, ex-Mayor
Grace J. ID. II. Baldwin, John /. Cadwaiia-
der and John ID. Dennis. During the dinner
a note was sent TO Mr. Baldwin, inquiring
whether any formal discussion of the finan-
cial situation would be held. The reply was
function was altogether informal. receo-
ton to which five hundred invitations have
been issued will be given al the Manhattan
Climb Tomorrow night