Evening journal., 1897-01-14
CURRENCY REFORMS.
Indianapolis Monetary Conference Adopts
Platform and Adjourns.

Platform and Adjourns.
INDIANAPoIIs, Jan. 14-'Aje monetary
conference which has been IN session at
Tomlinson hail. has completed its deliber-
ations and adjourned. Its concluding and
most important action was the adoption Of
the following preamble and resolutions
after spirited debate, i'm which the opposi-
tion was led by Congressman Walker,
chairman Of the house committee ON cur
rency and banking:
This convention declares that it has become
absolutely necessary thnt a aconsistent,straight
forward and deliberately planned monetary
system shall be inaugurated, tho fundamental
basis of which should be:
First.-That the present gold standard
should be maintained.
Second. That steps should be taken to in
sure the ultimate retirement of all classes Of
United States notes By gradual and steady
! process and so as TO avoid injurious contrac-
tion of the currency or disturbance Of the
/ business interests Of the country, and until
/ such retirement provision should be made for
I a separation of the revenue and note issue de-
partments Of the treasury.
Third.-That a banking system bo provided
which should furnish credit facilities TO every
portion of the country and safe and elastic
circulation, and especially with view of
curing such distribution of the loanable cap
| ital of the country as will tend 10 eQualize the
] rates OF interest," ll al parts tuelNols EDl llH
purpose Of effectively promoting the above
objects,
Resolved, That Is memb bers Of this conven-
/ ton be appointed by the chairman 20 act as
an executive committee, while this convention
/ is not in session, with full powers of this
/ convention. The eXecutive committee shall
/ have the power to increase its membership to
/ any number not exceeding 45 and members
I thereof shall at all times constitute a quorum
/ Of said committee. The executive committee
shall have special charge Of the solicitation
receipt and disbursement Of contributions vol
UNFAIRLY made for all purposes; shall have
power TO call this convention together when
and where il may seem best to said committee
/ TO do so, and said committee shall continue IN
office with power TO fn vacancies until dis
charged at a future meeting of this conven-
tion.
Resolved That il shall be the duty Of this
I executive committee Co endeavor 20 procure
az the special session of congress, which IL is
I understood viii De called In March next. lcgis-
lation calling for Che appointment Of a none
tary commission by the president 10 consider
the entire question and TO report to congress
at tine earliest day possible; or, failing 70 se-
cure the above legislation, they are hereby au-
thorized and empowered to select q commits
sion of II members, in accordance with the
following plan;
Article 1.-The commission shall consist of
II members, TO be named by the executive
/ cOmmlltoo appointed u1 AllH convention Aue
executive committee shall have power 20 nll
vacancies in the commission as they may oc-
cur
Article 2.--The first meeting os the commits
sion shall be held at a time and place 10 he
designated hy tho executive committee of this
convention in a call to be issued therefor, and
at such meeting the committee shall or
ganize by the election Of such officers and the
adoption of such rules and bylaws for its own
government as may be agreed by "a majority
of its members. and thereafter 10 shall be gov
erned by such rules and bylaws subject C
these articles.
Article 3.-Au rules and bylaws Of the com
mission and all its proceedings shall be direct
cd toward the accomplishments of the subjects
Of its creation, which is 20 make a thorough
investigation of the monetary affairs ant
needs of this country in all relations and as
poets and 60 make appropriate suggestions al
to any evils found Co exist and the remedies
therefor, and no limit is placed upon the scop'
Of such inquiry OF the manner Of conductinl
the same, excepting only that the expense
thereof shall not exceed the sum set apart To-
such purpose by the executive committee
Article 4.-The executive committee Of thi
convention shall use so much of the volun
tary contributions made to IL as may b
available for that purpose TO dcfray all noces
sary expenses Of the commission and shall no
tify the commission from time 20 time OF IN
/ amount so available in order that IL may reg
ulate its expenditures accordingly, and no lia
~lity shall attach TO said committee or to thi
Nnvention beyond the amount so notified.
Article o.. when the labors OF this commit
tee have been completed as far as practicable
the executive committee, IL 1t deems it adviss
BILE, shall ssue a call to bring this conventio
together at time and place designated /
: such call, and at the meeting so convened th
commission shall make report Of its doine
; and suggestions 10 such manner and form @
it shall deem best adapted 70 present the sam
, to this convention and its members for actio
, and, If legislation is deemed impossible, sha
accompany such report with a draft Of sue
: bin or bills nrnviaing fnr alch legislation.