The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-17
SILVER UNHEARD OF
SAYS e. ". SMALLEY, AT INDIAN
APOLIS' RECENT MONETARY
CONFERENCE.
EVERY MAN WAS FOR YELLOW
AS THE SINGLE STANDARD OF
THE NATIONS MONEY
BASIS.
EVERY MAN WAS FOR YELLO\
WILL ORGANIZE THE NATION
During the Next Four Years in BE-
half of Sound Monetary
System.

h. V. Smalley, who returned from the
indianapolis convention yesteray, said
to a G l o b e reporter that the most
significant feature of that gathering
was the fact that no bimetalic senti-
ment was manifested at any stage of
the proceedings. either in the committee
on resolutions or in the convention it
self. THE Eastern delegates came on"
said Mr.. Smalley, with the idea that
out West the woods and prairies are
full of people who believe that some
thing should be done for silver by an
international agreement, and who still
hold to the double standard theory
There were twenty-eight states rep
resented in the convention and nearly
two hundred cities and towns, and
every man present represented some
chamber Of commerce, board of trade,
commercial club, or other business or
ganization. Yet not a solitary voice
was raised in favor of bimetallism
and the double standard. 1t was a
clean-cut gold standard convention.
Not the slightest effort was put forth,
however, to make it so by the executive
committee which worked up the move
of free silver men, international BIZ
metallists or fiat-mOney men coming to
the convention if they could get any
business body to elect them as dele
gates.
1T looks very much as If there has
been remarkable ripening of public
opinion in favor of the single gold
standard since the fight against free
silver was begun at the commencement
OF the late campaign. The bimetallic
theory appears to exist mainly in the
brains Of politicians who imagine that
great many of their constituents
favor it without taking the trouble to
inform themselves as to the real state
of affairs. The country appears to be
fast dividing into single standard cheap
dollar silver men and single standard
one-hundred-cent dollar gold men, and
the double standard theory has pretty
much disappeared"
Mr.. Smalley says he does not expect
to see a monetary commission establish
ed by congress at the spring session
So far as he could learn during a visit
to Washington recently, the sentiment
of influential men in both the senate
and the house is opposed to commits
siCns either on the tariff or the money
question. An honest effort will be made
by the executive committee of the
Indianapolis convention to secure a
government commission, and if this
fails, the committee will appoint a
commission of its own to represent the
busine S sentiment of the country,
WATCH IS strongly in favor of currency
CeIorgn
This commission will consist, if ap-
pointed" said Mr.. Smalley, "of eleven
men chosen by the executive committee
from among the best known business
men of the country. The sentiment
Of the Minnesota delegates to Indian
arolis was strongly in favor of w B.
Dean, of st. Paul. as member of such
a committee. The commission would
begin work after the adjournment of
the extra session of next winter.
Whether congress will pay any atten-
ton to its report is a question on which
there are different opinions.
Few people who know the ways of
legislation at Washington expect to
see any complete monetary system
embracing banking as we'll as the re-
tirement of government notes passed
by congress in a single bill Currency
reform will no doubt have to be &C
cCmplished by piecemeal.'