New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-11-10
GOLD AS THE MONEY BASIS.
SOUND MONEY LEAGUES EXECUTIVE
COMMITTEE WANTS 1T PROCLAIMED.
AN ADDRESS ASKING FOR A GOVERNMENT DEC
LARArIoN THAT INTERNATIONAL BIMET-
TALLIsM is IMPOSSIBLE AND THAT THIS
COUNTRY STANDS FOR THE

COUNTRY STANDS FOR THE
SINGLE STANDARD.
The mi-annual meeting Of the Executive Com
mittee OF the National Sound Money League mon
partsan) began in the Eastern office of the League
at No II Broadway. at II a. m, yesterday. Ihere
were present the president. George Il. Leighton Oh
ST Louis; the general secretary, f. " smaley Oh
Chicago Henry Willard Gustav H. scnwao d.
Kennedy Tod Of New-York: II. p. Robinson OF
Chicago: Edwin Burrtt Smith, Chicago; D. ~
Cowen OF Baltimore: NJ f. ingalls,. or CINCINNATI
7 W Norwood OF North Carolina W. C. CORN
we'll OF Buffalo and the treasurer. A. b. hepburn
Mr. smalley in his report Of the workings OF 'he
League said there was lodged TO the creoi' Oh '.e
League in bank in Chicago a balance OF N'"
over and above all expenditures Incurred
Mr. Hepburn in his report as treasurer reao
the various items Of receipts and expenditures
and announced that the total amount IN oahk up
10 the present TO the credit OF the League was
No.Sss 10. ,,o...arv
r.ogv. ma. granted without dissent. Mr.. Schwao
renor,ed that the use OF the present quarters "ouo
be given free OF charge by Mr. Trask. Al 'n's
juncture Mr.. smalley read communication le
ce,ved from NJ c. George vice-president lot o'o-
gon who wrote In part 49,
m eu fully with you in all the great questions
relating 10 sound money and realize the necessity
for aggressive work. As 10 the voters !" w.
STATE IN many places you will find 1t honey-comoed
with financial ignorance and error Ihe hgh'
should be made to shine in all the dark piace'
among voters.
On motion of Mr.. Ingalls, 1t was voted 10 appro-
pr,ate the sum Of 81 900 TO aid Mr. George IN spre"'
ing the sound money light In oregon
Y Cowen Of Baltimore. said things were
sats,actorv IN his territory and added that Mary
land did not need any financial aid from tne
National League.
Exs.cretary J Sterling Morton. vce-pres'oeh'
~ the League for Nebraska. wrote:
Mr. Rrvsn and his disciples are acuVelE en-
coed as propaganda OF the money fallacies
They have united in one congomerate all tne
fanatics bCots and idiots in this State for 'he
nurpose OF uphod,ng the free coinage OF SILVER al
a ratio of lS to l. 1t is very paihtui 10 ooae''
that this aggregation may quite possibly maAe
majority Of twenty thousand at the coming eiec-
.,or ~, ,he candidates who represent all that Is
nmical and disastrous to agriculture anu III iao'
70 sound government everywhere
Judge L. NJ Rose vice-president OF the League
for Arkansas, wrote;
..rhere is no change in this State. There Is an
overwhelming majority for free silver ana ory""-
ism in every Congressional district
charles F. Libby vice-president OF the League
for Maine wrote In part:
80 far as Maine IL concerned. 90 not 'hihh tue
silver question will be issue In the Cohsresslonai
campaign next year. think there is 1eehns
that a more elastic banking system is needed than
on. roanv believe that the Government should go
out OF the banking business. On one point there
seems to be greater unanimity or sentiment 'ia'
the endless chain should In some way De prohei'
I'D by which the gold Is taken out OF the uhteu
states Treasury. and the system remeded py
which the Government, rather than banks has !iio
burden of supplying ali the gold that Is needed
sh1s cni 'campaign shows concusively that the
South viii again drift back to Democracy aho Tree
si Eepi,nu,ng he said that the great danger now
is in the tendsne TO , d1 country intG viii be franght
business law. when 10 'he eou''''' "
oold sscertain both in the eastern and western
D orte ~ This State the free-sver sentiment was
ss,aay I dsog Of @ y votes to
mis- wear elected a Democratic Mayor by ma49 h
q ..Ss Mss So
Delaware County free silver sscnn s ssS upon PCn
Sous louis r. Enrich Of Colorado springs wrote
only thing to affect the ,n West hts e es,'se
eo%s out so boldly and President Of n, The
United States to proclaim the gold STANDARD nc ''e
Pped S4s Leighton U thought highly nexpeden.
for the League the present time to commit rse'i
On motion Of P Robinson. Of chGagO w9 wss
yesolSed that committee Of three be appointed to
receive and consider the report OF .he eetdns
Of the Executive Committee If It is considered
necessary that action be taken there %n smaIIev
Gustav H. schwab and William c; CoTnweil was
aIso enpoined to prepare a declaration on lnleiia
tional hmetallism. TO the effect that Dlfhetaisli.
was dead. and that gold should be the s'ahua'u u
BEFORE reassembling after the recess II was san
arong the members Of the committee mat fitSl-
dent Mckinley had intimateo ms ih'e ngraec tho
ommendng In his next message 10 cong ess my 6
adyisabit Of separating the issue uePdiII
the Treasury from the regular Government "a
pense department c..uz ohotrroor
Louis R. Enrich Of Colorado Spring. ,6 ShS snow
The Executive Committee of the National SOUND
Money League in behalf of its memee1rS .nr0Us "a
dress: international bimetallsm, as w0r!d PossI-
biljty is dead Let recognize this Inc inter
national Bimetallic Commission appointed uhutl
The 81 Louis pledge Of the Republican party navo
made strenuous efforts on behalf Of this policy;
These efforts have proved futile. Inc CONNIE GA
necessities OF the world have demonstrated that a
dual standard Is commercially unacceptaDie e an
in the present stage OF civilization Impossible The
hour has come IL seems TO us, when a Natiohai
recoenition of this fact is necessary.
.sThe situation demands definite, clear, unequV
ocal declaration that dnternationSi % IL d
claim their acceptance Of the world,fact and
niant themselves firmly on the single gold sandard
The proclamation OF this monetary poslllon VIII
and make permanent the prosperous conditions
which have begun 10 manifest themselves IN our
I've invite the friends Of sound money and all
OF our commercial life 10 Join in bringing about
The unmistakable decla ration that now and hence
forth the monetary system OF the United States
shall rest on the single gold standard ,
The NEXT meeting Will be held In Washington in
January next, on date TO be set by the Executive
Committee.
THE SNUG HARBOR INQUIRY