The Cape Girardeau Democrat. (Cape Girardeau, Mo.) 1876-1909, 1897-01-23
MONETARY CONFERENCE.
Resolutions Adopted at the Indt-
annapolis Gathering.
Present Gold Standard Endorsed Ths
President to be Asked to appoint q
Commission-SIow Retirement of
United States Notes Urged.

INDIANAPOLIS, Ind, Jan. 14-Tht
monetary conference, which closed its
sessions in this city last evening,
adopted the following resolutions as
~embodying the ideas of the conference
as the best method for securing a
remedy for existing financial ills:
This convention declares that it has become
absolutely necessary that . consistent,
straightforward and acknowledgement
monetary system snail Re inauEurated, tho
Fundamental basis of which should be:
l. That the present gold standard Should Be
maintained.
=. That steps should be taken to insure the
ultimate retirement Of all classes of the United
States Totes by q gradual and steady process
and So as to avoid Injurious contraction OF the
currency or disturbance Of the business in this
our country, end until such retirement proyt-
sion has been made, for 4 separation OF the
revenue and note issue departments Of the
treasury.
3. That a banking system be provided which
should furnish credit facilities to every por-
tion Of the country and an elastic circulation,
especially With q view Of securing such a dis
tribution OF tie loanable capital OF the country
as will tend TO e~qualiZe the rates OF interest in
all parts thereof.
For the purpose of effectively promoting the
above objects.
E,sOIred, That fifteen members OF this con-
Tenlion be appointed by the chairman TO act
Is an executive committee while this conven-
ticn IS not il session, with the full powers Of
this convention. The executive committee
shall have the power TO increase its member
ship to any number not exceeding As, and five
members thereof shall constitute i quorum Of
said committee.
The executive committee shall have special
charge OF the solicitation, receipt and dis
bugselnent Ct Contributions Voluntarily made
for all purposes; shall have power 10 call this
convention together again, when and where il
may seem best to said committee to do so, and
said committee shall continue in office, with
power to fill vacancies, until discharged at a
future meeting Of this convention.
ReSOlred, That 1t shall be the duty OF the eX-
ecutiye committee to endeayOr to procure at
the special session OF congress, which it is I'M
derstood will Je called in March aext, legisla-
ton calling for the appointment Of a
monetary commission by the president,
to consider the eItire question, and
to report TO congress at the earliest
day possible; o., failing TO secure the above
legislation, they are hereby authorized and
empowered to select a commission OF ii MEM
oerS, according To the rLleS and plans set forth
in suggestions submitted to the convention by
Mr.. Hanna, OF indianapolis. as follows:
AEl4G4t l. II NOllLiilSSlOA snail NOLoAoE VI i i
members to be named by The executive COM
aittee appointed by this convention, The ex-
scUtiyc committee shall have power TO I'LL va
.aacies in the committee as they may occur.
Article ,. The first meeting Of the commits
sion shall be held at Il time and place to be
designated by the executive committee OF this
Convention on a cali to be issue therefor; and
1t such meeting the committee shall organize
oy the election of such officers AMI the aGop-
ion of such rules and bylaws for its own gov
srIment as may be agreed by a majority of
is members and thereafter it shall be gov
srned by such rules and bylaws subject to
these articles.
art. 3 All rules and bylaws OF the commits
zion and all its proceedings shall be directed
toward tIe accomplishment of the objects of
It's creation, which is to make u thorough in
gestigaton Of the monetary affairs and needs of
his country, in all relations and aspects, and
20 make appropriate suggestions Us to any
evils found to exist, and the remedies therefor,
and no limit is placed upon the scope OF such
inquiry, or the manner OF conducting tho same,
excepting only that the expenses thereof shall
aot exceed the sum set apart for such purpose
oy the executive committee.
Art. l. The executive committee Of this con-
JentiOn shall use so much OF the voluntary
contributions made to it As may be available
.or that purpose. to defray AL necessary eX-
penSes of the commission, and shall notify the
commission from time to time OF the amount
30 available, In order that it may regulate It's
expenditures accordingly, and no liability
shall attach to said committee or to this con-
Fentiun beyond the amount SO specified.
Art. ). When the laDOrS Of this commission
have been completed, SO far as practicable the
executive committee. II IL deems it advisable,
shall issue u call 10 bring this convention to-
Eether again at u time aud place designated In
such call; and 1T the meeting so convened the
commission shall make report Of its doings and
suggestions in such manner and form as it shall
deem best adapted TO present the same to this
convention and its members for action and if
leg station is deemed advisable shall accom-
pany such report with a draft OF such bill or
pills providing for such legislation
Resolred, That all resolutions and communi-
cations as to methods OF currency reform which
have been presented TO this convention be re-
erred to such commission when formed