The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-10

New York. Nov. 9.-The semi-annual
meeting of the executive committee of
the National Sound Money League was
begun here today. There were presi-
dent George e. Leighton, St Louis;
General Secretary Z. Y. Smalley, Henry
Willard, Gustav Il. Schwab, J. Kennedy
Tod, II. P Robson, Edwin Burritt
Smith. J. K Cowen, II. e. Ingalls, J.
W. Norwood. ". c. Cornwall and
Treasurer a. 3. Hepburn.
General Secretary Smalley. in his re-
port of the work Of the league, said
that there was lodged TO its credit in a
bank OF Chicago d balance OF $1,000,
over and above all expenditures.
Treasurer Hepburn reported that the
total amount Ia bank up to the pres
ent TO the credit OF the league was
$l0,S62 a donation of $500 TO the IN
dianapois monetary league was grant
ed without dissent.
General Secretary SnlaIley read
communication received from II. c.
George, vice president for Oregon, who
wrote that he was with the league in
ali the great questions relating to the
currency, and realized the necessity Tor
aggressive work. As TO the state. in
many places the league would find it
honeycombed with financial ignorance
and errors.
On motion of Mr.. ingalls, of Cincin-
natl. it was voted to appropriate $1,000
+ to aid Mr.. George in Oregon.
J. X CoWen of Baltimore reported
that things were satisfactory in his ter
ritory.
THOSE NEBRASKA IDIOTS.
J. Sterling Morton, vice president of
the league for Nebraska. wrote: MI.
.,.,.fx -,1-- an
gagged in the propagation OF money raj
lacies. They have united in one con-
enumeration all the fanatics, bigots and
idiots in this state, for the purpose OF
unfolding the free coinage of silver at
a ratio of 16 to l. 1t is very painful 10
observe that this aggregation may
quite possibly make a majority OF 0tC0
at the coming election for candidates
who represent al that is ininlical and
disastrous 70 agriculture, and. in fsct
to sound government everywhere.
Judge w. NJ. Reese, vice president OF
the league for Arkansas, wrote: "Ihere
is no change in this state. There IS an
overwhelming majority for Tree SILVER
and Organism in every congressional
district"
Charles F. Libby. president of the
league for Maine, wrote, in part: 50
far as Maine is concerned. ! do not
think that the silver question VIII be
an issue in the congressional campaign
next year"
MISSOURTS IGNORANCE.
James Blair Of St Louis wrote: "On
the whole. / cannot say that l feel en-
couraCed over the situation in Missouri.
! fully recognize that the strength Oh
the silver Democracy in this state IS
wholly due TO lack Of education on thaI
subject. ard I see no means at mana
whereby they can he sufficiently in
formed before the next election to ma
teriallv reduce their numbers.
William G Cornwall of Buffalo re-
ported that. as lar as he could ascer-
+aia. both il the eastern and western
parts Of the state. the free silver SEN
timent was actually dying out
GOLD STANDARD BY PRoCLAMA-
TON.
Louis r. Enrich of Colorado Springs
reported that nothing but better times
could bring about a change in the Iree
silver sentiment in Colorado ne
only thing to affect the west, ne salu'
is better times, and / would suggesI
that the league come out boldly ana
ask the president Of the United States
10 proclaim the gold standard as the
money basis of the country.
President Leighton thought it highly
ineXpedient for the club 10 commit
itself on this point at the present
time. ia.
.eThe result OF the recent campaign
shows conclusively that the south will
again drift back to the Democracy and
frsa silver" Continuing, he said:
sThe great danger now is tendency
No drift into new banking business
Jaw, which 10 the country VIII De
fraught with danger
on motion of H. p. Robinson of Chi
cago it was resolved that a committee
he appointed TO receive and consider
tl,a TeDort Of the monetary commission
when it is made and 70 call meeting
of the executive committee, If 1t is
considered necessary that action be
taken thereon.
A committee comprising Louis r
Enrich. Mr. Leighton, Secretary Small
lev Gustav h. Scnwab and William c.
Cornwall. was appointed to prepare a
declaration on International bimetal-
ism. 10 the effect that bimetallism is
dead and that gold should be the
standard of the country. a recess was
then taken.
Before .reassem bling the members of
She committee stated that President
Mckinley had stated his intention of
recommending in his next message to
congress the adVisabihty OF separating
the issue department Of the treasury
from the regular government expense
accounts. In other words, it Will be
proposed to hold the gold reserve as a
redemption fund for greenbacks. to
make the gold and greenbacks inter
changeable. It was said that President
Mckinley had spoken freely on Mon
day with a prominent official of the
National Sound Money League on this
question.
GOLD STANDARD PROCLAIMED.
When the committee resumed its ses-
sion Louis r. Ehrich Of Colorado
Springs, as chairman of one of the sub
committees, read the following ad-
dress:
The executive committee OF the Ma
tional Sound Money League, in behalf
of its members throughout the United
States. issues the following address: