The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-08-18
iIIGRS IN SESSION.
.r.r n MONEY DISCUSS
4rar oonsoDIrs-
sssrs Them Up ny Talk
silver. Bat Meets Win
the Cold Standard and
s.,ry Acquires From the
....s,sl,s cesveH''"n a"a NC
-. nsney Nessase'

- usoh.. Aug. n.-Tne RANKING
8 nE1buiI .,,,rsrv we're well repre-
ene'z 80 Z ,.orriIsg. waen about =" aeie-
Bssf q sns-1csE Banker Aasoeia-
- . - 80 4 the Detroit opers house
- re- opening session s. - s's r.
-, .s5aasl meeting Of that 10y 80
60 - snsech Of Gov. Pingres, Nfiis
- - .smswlat radical b. Fofse 81
US On the Whole wen re-
f sf ~ gas given a generous
6desk - -ny.sas,se AZ It's conclusion.
sD11ss = sf.yk.gry welcomed the guests IN
u Uya -. srors shan usually happy and
te1ss. f;overnoy Pingree vas re-
- . General round OF applause.
- n-e.snd 10 fully understand
e<agy Of money. nsteEs. III : !.
~ b upon the suniect - 20 wfat
- - rxal Of ultimate redemption -
q - worlds commerce and mon
\ !" .ysssrns. believe II u csncsdea
- silver ceased 70 be- part Of
- uzsd FOR such purposes IN the
- = ,rase ard otherwise. the avail
e -. ss-s.,, Of prtyuary money was re-
ss~,,s ane-haf. To remedy this
ID : sea,rs II ls sought TO effect an
-, auong the nations whereby
-. n measure may again be either
& . sfsyer al a certain ratio, caklsff
Il .sss,.sn. The use Of gold IN tie arts
& 3 ~ srrrsasiug from year 20 year. As
/: !. 1.s...srA II. TIE purpose Of remonetiz-
y a.. either with or without foreign
- i 10 Increase the available sup
q. 4 sI.snafe redemption money"
u rsthod of Increasing the stock OF
u ee3d's coined gold. Governor PIN
I. r,Ss.,ed that some way be de-
] En- or4vsnt the Increasing use Of
! - H. srts. for instance a tax upon
ss1f.ured gold ia the shape Of jewell
e leaf. etc.
- H. Russell as Spokesman OF fhe
- clearing house. administered q
- ,take 10 the governor By saying that
! a caiy been In the banking business
3 a & n.ye years. and would not there
b s:isrspt to deliver a hornily ON the
- sses;sof or the evils Of corporations.
\ appisase which greeted this sally
srx that a hit IT Miehigans anti-cer-
:zsraa governor was understood and APP
ssdEtd
ii tie conclusion OF the ADDRESS, tho
- delegates met TO appoint their
sub<u Of the nominating committee.
~ scarcely doubt but that Joseph
rxxsf,eks, president OF the National
tssa bank, first vice president Of the
.Usxizsisn, will be chosen president. The
sup<ess are that there will be a lively
tssaf for the vice presidency when the
ssrsun Of officers Is reached. Frank ".
s.scy, II Springfield. ILL.,. wants tho
ss.son. He was a candidate last year,
i, 80 defeated b. MIR. Hendricks. and
IL lfsfndx think he ought 10 get the po-
fssas tbs year Alva Trow bridge, chair
"a II the executive committee, is also
/ aaasdaie for the vice presidency, and
Is. but BY 30 means least, tire Detroit
Aatefs are determined. If possible. TO
tai sseorge IL. Russell. of this city, TO
a position.
re lass address OF welcome came from
A~sfe II Russell, member OF the execu-
~ eeaneil for Michigan.
fAth President Lowfey rose to respond
i ;hs greetings Of Michigan and 10 give
Ii annual address. lie said In part:
4 h most gratifying to be able TO say
a. within four months after the adj
AzsmtEl Of our association AZ st. Louis,
/ xsnssafy convention mel In January in
ssszsiIsrp.is. composed In membership of
rszasAe:afers. bankers. merchants and
ssrsssns&sifes from nearly every pursuit
y Ealing and that this convention I'M
kasd By solemn action the declaration
rAas p this association In favor Of maxi
u god The only unit of value. aud rec
Exsha.ng such reform hy congress OF
rational financial system as would
* about stability In the value Of our
's,they as would make Ii equal To that
~ nosi advanced nations OF the world
= sfssen cf this monetary convention IN
k1ssiag The creation by law OF COM
ksSaa g formulate a plan 20 carry ous
asmand OF the neople. as recorded at
I fsssni presidential election. exertsd
! aaaence upon President Nckin-
q, 4 i Nas aown In a formal message
'sa alm 10 congress in which ne In
go NC recommendation OF the Indian
70 ranyanlian. While this message az
Z Vssasens was not acted on b. congress
~e& ne recent extra session. We conf
~ expect that Il will receixe tha ifu-
'sssxs attention or ctr statesmen as soon
N.sfeS shall assemble IN regular sea-
8. las ho doubt the majority If our rep
i ISs'Aslsss fnlly appreciate the demand
!. Eog.e nave made for financial reform
u me recommended nor only Nv this
ri ccuveniion. ''''' '''N'''
49,. " as meeting If the executive
- - stfonE committee was created 10
~ 80 push the work Of bringing ahotl,
. .. 70 financial and eglfs,f1srsfal
- :. .sssse3gneuf the states. This demand
I as,oFnaify of financial aud eornrner-
j - 7 not purely selfish demand
$50. a.a7 ioF the good Of an comnprrlal