New-York tribune., 1896-12-07
FOR CURRENCY REFORM
WIDE SCOPE OF THE MOVEMENT BEGIN
IN INDIANAPOLIS.

NUN H. HANNA OUTLINES THE WORK BEFORE
THE COMING CoNvENTIoN-IN FAVOR OF
COMMISSION TO INVESTIGATE THE
SUBJECT AND DRAW UPA BILL
indianapolis, Dec. G-The movement Of the
business interests of the country toward Ma
uonal currency reform upon wholly n-partisa1 =
lines. which has resulted in a call by the coro
mercal organizations Of the Central West for
convention in this city in January. promises
to become one of the notable movements in the
history of the country
IL Is doubtful whether many or the delegates
10 the conference last week have any idea Of the
breadth Of the plan Hugh II. Hanna. chairman
OF the Executive Committee. has in mind for
accomplishing this reform. During the confer
e"ce 'nere developed sharp line of difference
between those favoring the adoption Of a cur
rency plan by the convention which Is TO meet
on January II and those who believed that that
convention should simply discuss the various
plans presented and refer the whole matter to
commission. This difference Of opinion did no;
crop out until the closing hour of the session. and
then II was too late to go into the subject intcIli
gently. NJ f. Ingalls,. of Cincinnati was the
most forceful advocate of the idea that the CON
vention should indorse a plan He did this upon
the very reasonable theory that Congress would
pay more attention to the action Of "A representa-
tive convention than to the action of few men
composing commission. even though the com
mission represented the convention. Mr. Hanna
led that portion Of the conference believing that
a committee should be appointed. Nothing.
however. is further from his mind than that this
commission after completing its work Of devils
ing a currency plan. should go down to Washing
ton and beg hearing before committees and
ask this member and that member to favor the
bill.
Il am convinced that we should have COM
mission. said he. In conversation with n re-
porter Of the United Associated Presses to-day.
This is not a question upon which large
convention can make an intelligent decision In
a day or in week. This is matter that will
require OF commission two or three months.
possibly six months. OF continuous work and
thought Every plan presented should be care
fully weighed. and out OF all that comes before
the commission / believe 1t will be able to
evolve something that every Intelligent business
heartily indorse.
Il think a long step in this direction will be
made If this convention should select com
mission composed of the very greatest and best
men We have in the country. We could afford
TO pay we'll for the services of those who could
not otherwise afford to devote the necessary
time to the work. Then when the commission
has finished its work. the largest part OF our
duty remains 10 be done in The thorough or
ganization and continuation Of the business Of
the country behind tha measure. This Is a mat
ter of so much Importance that we can afford
to do this. great the undertaking is.
Instead OF sending committee to Wash
ington to ask Congressional committee for
hearing we should when bill that we can all
indorse is evolved. ask our Representative 20
come home for consultation with his cOnstitu
ents. If all the members of Congress with
large business const ituencies can be thus thor
oughly informed to the desires OF the men
who potential in their election. | do not
believe there would be any doubt about the
enactment Of the measure into law. do not
want to il made bankers convention q
bankers commission. though want 10 see that
their interest well other business inter-
ests are represented. We want TO solve this
problem for the Who'll. people. not for par
ocular class Of people or for any particular lin.
hiicr