The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-01-14

order. The convent ION has been coasplc-
uous for the absence of unnecessary
friiis. Business has been transacted.
Prosy speeches have rot been tolerated.
The delegates this morning were seated
D. states. much better arrangement
than that OF the day before. The CHEZ
event OF the morning session was the
speech Of Congressman Fowler. OF the
banking and currency committee, IN
which he said:
There are three ways of escaping na-
tlonal bankruptcy at some time IL the
present plan Is 10 be continued. kiFst--
We could assume the fun functions or
banking, step which II altogether out OF
the Question. Second-Ne can tax the
people whenever the emergency arises.
which must prove. as IL always has,
most expensive. burdensorne policy, and
oae 70 which the people VIII not long
submit ThIra-Fhe retirement OF the de-
mand obligations OF the. government.
policy that Is clearly demanded hy our
own experience and approved by that Of
al the rest Of the world. This Is the only
edy."
1t was after 4 o'clock when the con-
ference Feassemhled this afternoon.
After the convention had been called TO
order brief speeches were made by Mr..
Adams. Of Massachusetts; MIR. Wilson.
OF Kentucky. and Chairman Hanna. At
the conclusion OF his talk Mr.. Hanna
read tae report Of the committee on reso-
lutions.
This convention declares that IL has be-
ceIne absolutely necessary that a con-
sistent, stralgnk-torwaFd and deliberately
planned monetary system shall be inau-
gurated. tie fundamental basis OF which
should be
"FIrst-That the present gold standard
should be maintained
'Second--That steps should be taken 10
insure the ultimate retirement of sli
classes Of United States notes BY a grad
ual and steady process. so as 10 avoid
INJURIOUS contraction Of the currency or
disturbances OF the business In this. our
country. and until such retirement pro-
vision should be made for a separation of
the revenue and note issue departments
OF the treasury.
'Thifd-Thai a banking system De pro-
vided which should furnish credit faeill-
ties 20 every portion Of the country and
elastic circulation, especially with a view
OF securing such distrioutIoncf the loan
able capital OF the country as VIII tend
TO equallze the rates OF interests in al
parts thereof.
For the purpose OF effectively promot-
ing the above objects:
Resolved. That fifteen members of this
convention be appointed as an executive
committee, while this convention Is not
in session. with full powers of this con-
ven,ion. The executive committee shall
have the power 10 increase us member
snip 10 any number not exceeding forty
i've. and i've members thereof shall at
all times constitute a quorum OF said COM
mttee. The executive committee shall
have special charge Of the solicitation, re-
celpt and disbursement of contributions
voluntarily made for al purposes: shall
nave power TO call this convention to-
gether again when and where Il may seem
best 20 said committee TO do so. and said
committee shall continue In office with
power TO al vacancies until discharged at
a future meeting Of this convention.
Resolved. That II shall be the duty of
this executive committee TO enGeavor to
procure al the special meeting Of congress.
which IL is understood viii be called in
March next. legislation calling for the ap-
pointment OF 81 monetary committee by
the president TO consider the entire ques-
tion and 10 report TO congress at the ear
| hest day possible. or falling 10 secure the
above legislation. they are hereby author
ized and empowered to select a commit
tee OF eleven members. according 10 the
rules and plans set forth In suggestions
submitted 10 the convention by Mr. Han
nA. OF Indianapolis. as follows.
Article 1.-The committee shall consist
OF eleven members, 10 be named by the
legislative committee appointed by this
convention. The legislative committee
shall have power 10 III vacancies in the
committee as they may occur.
Article 2-Ihe first meeting Of the com
mission shall be held az a time and place
TO be designated by the executive commit
tee of this convention on call 70 be IS
sued therefor. and at such meeting the
convention shan organize hy the election
Of such officers and the adoption Of such
rules ard bylaws for tts own govern
uent as may be agreed BY a majority Of
its members. and thereafter it shall be
governed oy such rules and bylaws. sub
tect 70 these articles.
Article s-Asl rules and bylaws OF the
commission and all its proceedings shah
be directed toward the accomplishment Of
the objects OF SIS creation. which Is to
make a thorough investigation or the
monetary affairs and needs OF the coun-
try IN an relations and aspects, and 10
make appropriate suggestions as 70 any
evils found 80 exist ard the remedies
therefore. and 40 limit IL placed upon the
scope of their Inquiry or the manner Of
conductiGE the same. excepting only that
! tire expenses thereof shall not exceed the
sum set apart ter such purpose by tne ex-
ecutive committee.
"Article 4-The executive committee of
This convention shall uee sQ much uf the
! voluntary contributions made 20 it as
/ FRAY all necessary expenses ~ the COM
mission and shan aotlfy the commission
! f>0m tire 90 time ~ the amount so avail
able, 50 they may regulate is expendi-
! tures accordingly. and no liability snail
/ attach 70 said committee or 10 this con-
/ ventioa heyond tbe amount sc specified.
"AFticle s-When the lah0rs Of tais com
| mission have been completed go far IS
practicable. the executive committee. -
Ii deems advisable. shall issue a vail %
/ bring this convention together again at a
uue ard place designated IN such CaN.
ard a. the meeting 50 convened the con-
rnittee shsl make rep9rt ~ ffs ceirgs ard
suggestions in s8fa manner and form as
it sasi deem best adapted 20 present The
/ ssrne % This ceuVenfiea ara its u1a7a Ssrs
for ectieu, and 81 legislation s. deemed
advisable shan accompany such renovt
Nith q urHf5 - such h31 or bills rrovEd-
+ fa9 fer s8ch oywa nlEation.
Resolved. That 48 resolutions and all
4 communications as 70 Methods % cur
rercy reform whleh have been @ate3
I - calls convention he referred 70 sssch
/ committee waen forme3.'
After the reading 20 the resolutions.
NJ. Walker. of NassacauSetts. chairman
{ ~ are house caru 1ittee ca banking and
rocgHrcY. vas rccoEu .asd end hurled u
/ ecmhs3ea iato tGe camp peaceful Ia
I sa5d
The committee cn eankinE aG3 c8r-
reH"F % she hogsc and fhe finance ccm-
Z mtc.se ot the se~ate Rave saken ne spe-
( es4l acl.0r. b4t up 20 tie present moment
E Fl ss been determines thAt before gass
( cr0 Trrss cioses tasre shaufs he sor,e 6et-
tal'a srseue formulated 20 - p-esert,s9
{ 81 tre proposed extra session Cf the F&fse-
( attN corsTess- Ard bas FOR thts CONVEX
! u21 sou7e scheme vou15 have been pro-
I Fsaet Ga-s convention was called VIA;
/ HaNe yea arfee done believe tAere d
+ a member - congress eere or tn WASH
{ tcgroD wfo he-igxes sazs by Re Tas-.sig,-
( ert ycu Aate designed here anvshsng can
+ Zee aci,oagEsisaesl aGttl the FtFtx-sfxsa
1 cersre@s- ask- t1eu. Is yeu wish ta fare
( tsn fueg.e Stfn sr tae So eorsgs stsfsv
4 taat aas teeG Teveaie8 e. sh@s..r
MF H@r~e az tr.fta -s s...sts -