The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-01-12
CONFERENCE TO CONSIDER THE
SUBJECT TO BE CALLED TO-
GETHER TO-DAY.
MEMBERS OF CONGRESS BELIEVED
TO BE OPPOSED TO CURRENCY
PROJECT.
just From Washington, He Says Cur
rency Is to Bea Made subserv-
lent TO the Tariff.

INDIANAPOLIS, Ind, Jan. 1.-THE
monetary conference committee. COM
posed of delegates selected by the
boards of trade and commercial bodies
of most of the large cities of the United
states, will convene at Tomlinson hall
tomorrow afternoon at o'clock. 1t is
now assured that there will be at least
$50 delegates present, among then,
some of the great authorities on finau-
cial questions in the country. IT Is
probable that the conference will be
organized with the following officers:
Temporary chairman, e. O. Stanard.
st. Louis, ex-governor Of Missouri:
temporary secretary, Jacob Smith. In
dianapolis Board of Trade; permanent
chairman. G. Stuart Patterson, dean
of the University of Pennsylvania; per-
manent secretary, Evans Wooten, Of
Indianapolis, who was secretary of the
National Democratic convention.
Among the delegates already arrived
are the following: W. F. Dodge,
George w. Foster Peabody, Henry
Villas, Evan Thomas, president stock
exchange; ex-Mayor Frank Edison,
ury Charles Fairchild, Prof. F. w.
Taussig, of Harvard; Prof Henry
F'urgeson, Of Hartford Conn; ex-Gov.
Rufus Bullock, of Atlanta, Ca; E. V.
Smalley, of St. Paul; M. E. Ingalls,. of
Cincinnati; John p. Irish of California
From the opinions gathered from the
delegates already here, it is safe to say
that a carefully selected commission
Will be named, composed of from seven
to fifteen men, which will be instructed
to submit an elaborate report to con-
gress next November. The commission
will be expected to give great deal
of time to the study of the question CT
reforming the government financial
system SO that when it's deliberations
shall have been handed to congress-
there will be no work left undone. AL
ready, however, the impression is gain
ing ground that congress may not take
kindly to the commission idea and it
may be decided to at once memorabilia
instead. r4f
Ample arrangements have been made
by the local reception committee to
care for the delegates in good style
and their visit will be made as pleas
ant as possible. The conference will
meet in the hall that witnessed the de-
liberations Of the gold standard con-
vention and the arrangements are
ference will not conclude it's deliber-
ations before Thursday noon.
i Charles w. Fairchild, who represents
the New York chamber Of commerce,
said tonight: II came here understand
ing that the intention was to create a
&C mmission of some sort that would
consider and formulate a plan of none
tary reform. = Still i !, am open. to q
change of view upon that point. The
inference to be drawn from the present
legislative situation is, Istake it. that
congress Will not make and decided at
tempt to reform the currancy until
the business men of the country have
expressed their views
E..V. Smailey, of ST. Paul, delegate
who has just returned from Washing
ton, says there will be no financial
legislation before next fall; that Presi-
dent Mckinley will force tariff legis-
lation by withholding appointments.
and that the tariff will of course, be
paramount, to everything else.
w. E Dodge, one of the delegates, ex
pressed the hope that the convention
would appoint commission to study
the subject and formulate some plan
that will have the confidence of the en-
tire country.
IF the meeting takes wide action"
he said, "the best interests of this
country and its people will be con-
served Another thing this monetary
conference, it should he understood, Is
not in the interest of any one section,
nor one theory, but will endeavor TO
harmonic all views-rand plans into one
symmetrical idea for the good of the
nation. 1t will be entirely nom parti-
san and non-Sectional in it's work, and
it's deliberations"