The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1897-02-17
COLE RAMPANT.
Denounces the Republicans
for Advocating the
'Anti-Spring Elec-
tions" Bill.
FUN AT THE BOARD OF TRADE
Mr. Myron Furst Starts a Blaze
With a Gold Standard
Resolution.
FUN AT THE BOARD OF TRADE

helu an INFORMAL meeting and had just as
much fun as if there had been crowd.
Mr.. Frank o. Cole precipitated the fun.
Report of the Dinner Committee" said
President A. j. Corcoran, who doesn't per-
NIT any fooling when business has to be
done.
Mr.. Myron j. Furst, as chairman of that
committee, started In to tell what a sue
cessful dinner was held and how interest
ing were the speakers.
''Oh hang the speakers interrupted Mr..
Cole
"An right" retorted Mr.. F1rst, with a
chuckle, you were one of them"
MIR. Cole at once amended his remark
and paid a nice compliment to the Rev.
Father John J. Tighe for his speech,
which he magnanimously declared was the
finest he had listened to. Then when Mr.
Furst had finished Mr.. Cole began to de-
nounce the legislative measure to abolish
the spring election. He was just about to
dig Mayor Wanser and move that the
Board take some action in the matter
when Mr.. Joseph A. Dear stepped in
Politics." said Mr.. Dear, quietly, ARE
tabooed here and think the resolution
ds improper"
Well, like that" replied Mr.. Cole, in
astonishment. Politics tabooed? think it
IS our business to enquire into this matter
because"
Mr.. Dear again protested and said that
the Board might just as well take up the
question of jury commission.
Don't you believe in it?" asked Mr..
Cole, but Mr.. Dear was not to be caught
IN any argument on that subject and dip
tomatieally replied that political sub
1ects were forbidden by the constitution
or the Board CT Trade.
Mr. Edward Hoos DISAGREED with that
view of the topic and in very emphatic
terms denounced the measure as an out
rage, The water question he insisted was
at the bottom of the bill and there were
no politics in the discussion 1t was pub
hc question and properly within the prov
ince of the Board. The cry, he said, of
those who favored the plan was to save
the Board had right where financial ques-
; tions were involved to discuss the plan,
just as it had discussed the City Hall -
Never at any time" said Mr. Dear,
have we discussed the City Hail. As for
the matter of the spring elections 1t is
political matter and --'
oh. you are in favor of it then?'' in
terrupted Mr.. Cole, but Mr. Dear .ignor-.
ed the trap and firmly maintained his
position in objecting to the motion. Mr.
Hoos again insisted that the Board
SnOulus discuss the question and asked
where the $4,000, alleged to be saved by
the abolition of the spring elections,
would go?
Mr.. Humphrey W. Carr. in his stately
his customary Janus-like fashion, a pro-
ceeding which caused Mr.. Cole to jump
on him.
Amy political party" said the irrepres-.
sible foreman of the Grand Jury, (which
seeks to perpetuate itself by such q hum
bugging scheme will be overwhelmingly
defeated at the polls. The mob which is
at the back of this and at the back of
be inevitably turned down and cleaned
out root and branch
"All this is out of ORDER interrupted
Mr.. Dear, who finally carried his point,
and Mr.. Cole subSided.
Mr.. Myron Furst then moved that the
Board endorse Congressman Loud's Rail-
road Commission bill, and that motion
was carried. Then Mr. Furst moved this
resolution, and a nice fuss it caused
Resolved, That, since all experience has
shown that there can be but one standard
of value, therefore, the Board of Trade
of Jersey City declares that the gold
standard, which is the standard of the
civilized world, must be permanently and
trreyocably established
Second-That, as all experience has
demonstrated that Government issues of
notes are the most expensive and dam
gerous forms of money, therefore, the de-
mand obligations of this Government
Third-That, to supply the want of a
currency that is founded upon our wealth
in every part of the country, especially in
the newer and Sparsely populated sections
where there is little or no wealth in the
form OF money, we need a system of cur
rency springing out of local wealth and
responsive to the demands of trade and
the emergencies of commerce.
Resolved, Therefore, that this body de-
clares that to equalize the rates of inter
est throughout the United States, enable
our producers to move their crops and
handle their manufactures at the least
secure justice, and insure equal pros
perity everywhere throughout the length
and breadth of this land the people of
the United States should have system
OF elastic currency; and be it further
Resolved That since the patriotic and
courageous stand taken by the Honor
able William Mckinley in his letter of
acceptance with reference to the main
to, and secured for him, the support of
all citizens in favor of the maintenance
OF that standard, without regard to party
afiliation, he should urge upon Congress-
the immediate passage of a financial and
currency measure which will secure for
the nation and the people these all-im-
portant reforms;
Resolved, further That copy of these
resolutions be forwarded to the Honor
able William Mckinley and each Of the
members of his Cabinet and to each
member OF the United States Senate and
House of Representatives.
With that consistency which is so strjlx
ingly characteristic of Mr.. Cole he at
once objected to the resolution on the
ground that it was politicsE Mr.. Dear
laughed at the objection.
Mr.. Furst, too, was astonshed and
promptly proceeded to dissect Mr.. Cole.
and he did it splendidly.
"Poiitics?' said Mr.. Furst, bantering
his victim, well that is a fine reason
from you. Now, this resolution of mine
Is no joke. II Cole quarrels with Dear
don't care a straw, but you are not
going to pound Mr.. Dear over my shoul-
ders"
II it's the water question I shall be
delighted to go into room and have it
out with Brother Dear said Mr.. Cole,
but might just as we'll expect an ex-
pert Of the East Jersey Water Company
would favor an honest water contract"
Here there was a burst Of laughter.
Mr.. Eurst stuck to his guns and ar
gued~ that there was no politics in the
resolution he proposed AS to his opin-
lon on Democracy, which some criticized,
he said that of Allan L. McDermott was
good enough for him. Mr.. Furst said
that to support the gold question was
act q political matter, and he quoted an
editorial from The Jersey City News
pn that point
No politics In sthata'. said Mr.. Dear,
ncredulousiy: ed can see the handwrit-
You mean that you can see the hand