The record-union., 1896-12-18

citizens of the Republic and as a mat
ter Of business self-preservation to par
dcipate actively and. we believe, efii-
GENTLY in this movement. The busi-
ness men have been accused of neglect
of political duties. In ordinary times
there may be some foundation for this
charge; but at every critical juncture
in the history of our country, when
the nations perpetuity, honor or gen.
eral welfare was seriously in danger,
they have, in the spirit of enlightened
patriotism, risen to the full measure
of their duty; and We believe that the
painful experience of the country un-
der the existing laws on the subject OF
the currency admonishes the business
men that We have reached a point
where it is their duty to take an active
part in helping to solve the great ques-
tions involved.
And we have a right to believe that
a convention composed of broad mind
ed and enlightened business men, so
earnest in the pursuit Of truth that
party considerations vii. be forgotten,
convening in the spirit of enlightened
patriotism, can and will do much in
helping forward wise and sound So
luton of the currency question
I'VE are also justified, in the light OF
the recent Presidential election, in say
ing that the voters of the nation are
opposed to any plan of currency reform
involving the use of any money which
will place i'm jeopardy the honor or the
credit of our country.
Accepting these as conclusions from
,,tF -
opinion, we cordially and earnestly in
vite your organization to choose and
send, with proper credentials, four OF
your representative business men to
the proposed convention.
please appoint only those who will
attend, and report the names of your
delegates as soon as practicable to H.
H. Hanna, Chairman of Executive
Committee, Indianapolis, Ind"
Then follows the signatures of the Of
ficials of the Cincinnati Chamber Of
Commerce, Chicago Board of Trade,
Cleveland Chamber of Commerce, Col
umbus Board of Trade, Grand Rapids
Board Of Trade, Indianapolis Board of
Trade, indianapolis Commercial Club,
Louisville Board of Trade. Milwaukee
Chamber of Commerce, Minneapolis
Board of Trade, ST. Louis Merchants
Exchange, st. Paul Chamber of Com
merce, and Toledo Produce Exchange.
On motion Of Mr.. Schaw, a special
committee composed of Joseph Steffens,
Frank Miller, A. A. Van VOORHEES,, Russ
D. Stephens and Mayor c. H. Hubbard
was appointed to consider the matter
and report at a special meeting to be
called for the purpose.
According to the rules adopted by
the adjourned convention, Sacramento
is entitled to four delegates, and it is
thought steps will be taken to send the
full complement
BANKRUPTCY LAW
A letter from the Secretary of the
Board of Trade of Dallas, Tex, was
also read asking that resolutions be
formulated and sent to Representatives
in Congress, recommending the passage
of a general bankruptcy bill. The mat
ter was referred to the Committee on
Law and Legislation, with instructions
to report at the next meeting.
THE PRESIDENTIAL TERN.
The following letter from w. w.
Fornkrod, President Of the Trade
| LCoS Va HiteaoCApAipd, W eiso A&eAos
This organization feels that 1t Is an
opportune time. provided the active
concurrence of a sufficient number Of
trade organizations Or commercial bod
les can be obtained to make an en-
deavor to secure an amendment to the
Constitution Of the United States max
ing the President ineligible for two
successive terms, and extending his
term of office to six years. OF course.
such action, if successful, could have
no effect upon the term of the Presi-
dent-elect.
We should therefore be very much
indebted to you If you will let us have
at as early time as may be practica-
Bile, your answers to the following
questions:
'First-In the judgment Of your or
ganization, would such an amendment
be advantageous?
''Second-If advantageous, may we
depend upon your assistance with
members of Congress and others to Sc
cure the end in question:"
The communication was referred to
the Committee on Law and Legislation
with instructions TO report at the next
meeting, and no further business COM
ing before 1t the meeting adjourned.