Evening star., 1897-01-13
THE MONETARY CONFERENCE.
c. Stuart Patterson Of PhfladeIphi
Made Permanent Chairman.

c. Stuart Patterson Of Philadelphia
Made Permanent Chairman.
The committee on permanent organiza-
tion Of the monetary conference at Indian
apolis yesterday afternoon recommended
c. Stuart Patterson of Pennsylvania for
permanent chairman, and Evans Woolen
of Indianapolis for permanent secretary.
1t also recommended that d vice president
be chosen from each state.
Mr.. Patterson was escorted to the chair
and spoke in part follows:
We may differ as to questions of pro-
lection or of revenue reform, but we can
agree that the government must have
revenue adequate to its necessary eXpendi-
lures and with surplus sufficient to pro-
vide for possible contingencies. We can
agree that as that revenue must be raised
by taxation, such taxation should be so
imposed as to lay its burdens upon the
people in the manner that can most easily
be borne. We can agree that the existing
standard of value shall be maintained
we can agree that bimetallism would
be desirable if it could be secured by in
ternational treaty and made practically
eHectiVe. We can agree that there ought
TO he an enlarged and increased use of
silver coins convertible at par into gold
We can agree that so long as the govern
nent demand notes are outstanding pro-
vision should be made by law for the main
tenance OF an adequate gold reserve spe-
cifically pledged for the redemption of
those notes.
we can agree as to the fact that while
In some cases shareholders of and depos-
ftors in national banks have lost bv un-
ski1ea s,I or unfaithful management, yet no
noider or a national bank note has ever
mad occasion to inquire what bank issued
the note, or has ever lost any part of the
amount OF the note. We can also agree
.nal 'ne nationaA banking system should
q fn
Tor the more general extension of banking
iaciilles 70 all parts of the country.
ANA. chiefly, we can agree that the
Iieht solution OF the currency question in
tne interest OF the whole country and of
All the people is of grave importance. and
should be the subject of more deliberate
and detailed consideration than this CON
nshtlon can al Its present session extend to
IT, ana may properly be referred to such
method OF investigation as Won in vour
wisdom may decide"
Make the Banks Redeem.
Representative ]. H. Walker. chairman of
the House committee on banking and cur
rency, also made a speech. He said in part
III seems to me the only practical solu-
tlon OF the money question is to put the
current redemption of the legaI-tender notes
and of every form of currency proportion
ately upon the banks of this country. where
~ ~, IS @ IN every other country. Then in justice
service, allow them to issue currency
against their assets to an amount equal to
the legal-tender notes of which they re-
sumed the current redemption
Cities Represented.
The following cities are represented In
the conference:
Adrian. Mich; Akron, Ohio; Albany, N.
T.; Anderson, Ind; Admission, Ala: Apple
ton, Wis.,; Atlanta, Ga; Auburn, NJ Y.
ivrnr D..
1ngton, ILL.,; Bonneville, Mo-; Boston Mass
Braddock. Pa; Bradford, Pa; Bridgeport.
Conn; Brooklyn. N. Y; Brunswick, Ga;
Buffalo. N. Y.
Cairo, HI; Camden. N: J.; Canton, Ohio:
cago, ILL.,; Cincinnati, Cleveland and CO.
iumbus, Ohio; Concord, N. H.; Covington,
KY.
Dallas, Texas; Davenport, Iowa: Dayton.
Ohio; Des Moines. Iowa; Detroit, Mich.
Duluth, MINI.
Easton. Pa: Elizabeth City, N. j.; Elk
hart, Ind; Erie, Pa; Evansville, Ind.
F1ndiay, Ohio; Fort Smith, Ark; Fort
Wayne, Ind.
Galesburg, H.; Grand Rapids. Mich;
Green Bay Wis.
Hartford. Conn; Helena, Mont; Hills
boro', KY; Houston, Texas
indianapolis Ind.
jackson, Miss: JefrersonvilIe, Ind; Johns
town, Pa; Joplin, Mo.
Kansas City. Kan; Kansas City, Mo-;
NSohuh, 1oWd, huoAtllle, lenn., hOkOmO,
Ind.
La Crosse, Wis; Lafayette, Ind: Little
Rock, Ark; Logansport, Ind; Louisville,
KY.
Macon, Ga; Madison, Ind: Madison.
Wis; Marion, Ind; Massillon, Ohio; Meri-
den. Conn; Meridian, Miss; McKeesport,
Pa; Middletown, Conn; Milwaukee, Wis:
Minneapolis, Mimi; Montgomery, Ala; Mt
Vernon, N. Y; Muncie, Ind.
Nashville, Tenn; New Albany Ind
Newark, N. j.; New Brighton, Conn; New
Haven, Conn; New York city; Norfolk,
Conn.
Oakland, CAL: Omaha, Neb.; Osweeo. N.
Y; Ottawa, ILL.,; Ottumwa, Iowa
Paris, Texas; Peoria, ILL.,; PHILADELPHIA
Pa; Pittsburg, Pa; Port Huron. Mich.
Portland, Me-; Portsmouth, Ohio; Provi-
dence, R. I.
Quincy, Ill.
Racine. Wis; Richmond, Ind; Richmond
Saginaw, Mich; st. Louis, Mo-; St. Paul
Mimi; San Antonio, Texas; Sandusky
Ohio; Savannah, Ga; Seattle, Wash: Sioux
City, Iowa; South Bend, Ind; South Bridge
Mass; Springfield, ILL.,; Springfield. Mass:
Springfield, Ohio; Syracuse, N Y.
Tacoma, Wash; Terre Haute. Ind. To-
ledo. Ohio; Troy, N. T..
Utica, N. Y.
vicksburg. Miss; vincennes, Ind.
Waco, Texas; Washington, d. c.: Wheel
ing. w. Va; Wichita. Kan: Wilkesbarre.
Pa.
Yonkers. N. T.; Yankton, g. D.
A Book of Ready Reference.
Very few Washingtonians can Tan 80