The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1897-08-19
BANKERS MAKE REPORTS
Think They See Indications of
Returning Prosperity.
eCKElS MAKES A TALK
Branch OF Richmond. Va. Speaks on
Legislation Needed in Respect TO the
Currency He Makes Plea for
the Gold Standard.

that Comptroller Of Currency Eckels
would make an address 10 this morn
ing's session Of the bankers conven-
tion drew an unusually large audience.
The roll OF states WAS then called and
from each state a member Of the nom
mating committee was named. This
committee will meet at 3 O'Clock to-
morrow morning To select the new Of
ficers OF the association. A rspresen-
tative from each state was then called
upon to give a brief statement as 10
the general condition of business In
his locality. Marked Improvement In
business conditions and indications
for better things in the future were
characteristic features Of all state re-
ports.
Henry W. Yates Of Nebraska said
the golden grain of ripening harvest
I'm his state did not reflect the calamity
tint to which the utierances of so
OF the state last fall had seemed Ia
point.
James Faxon Of Chattanooga denied
Bryan's claim that the price Of silver
controls the price OF wheat. and said
the recent fall u one and the rise of
the other offered conclusive proof Of
the falsity of that claim.
When Comptroller Eckels came for
ward he was greeted with great APP
plause. He said in substance:
appreciate the compliment paid me
by the American Bankers association
i'm again making me Its guest and invit-
ing me to address it's members. l do
not. however. Halter myself that upon
the questions Of banking and currency
reform. which have long been OF public
\ oil
light or adduce any new facts They
have so much engaged public attention
and provoked public dispute that. at
the best. all arguments are now but
rearrangement of propositions already
laid down and all facts given hut re-
statement of those already known. The
wisdom and strength of their con-
tinual iteration lies In emphasizing,
through such a course. the necessity OF
remedying the patent evils Of a finan-
clal system Of which all complain. The
time for such action could not be more
opportune. The country stands rid. for
some years at least. OF tariff agitation.
and irrespective Of the merits or demer-
IT. OF the new act. every business man
knows. In so far as IL is concerned. upon
what basis 10 engage In manufacturing,
trade and commerce. The evidence ac-
cumulates with each days advices that
.,e % 'ons eon.In"sa ueI'ess,o" !. nnan-
five years OF forced economy and cessa-
tion Of speculation. coupled with to-
days abundant harvests at remunera-
tive prices to the agriculturist. a new
prosperity is coming tn tne people. This
prosperity. II II is 10 be Of real worth,
ought To be permanent In character and
reach To all classes and interests.
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