The sun., 1897-01-13
CONFERENCE ON FINANCE.
NEARLY 500 DELEIATEs At THE
INDIANxPOLIS MEETIN0.


Addre.... By Men OF Prominence Follow
,, n,.,a. watch Many
evening Ses"a a.x.,..S
,.... -. ,o-rhe National None
',,N-,N ..,,.s =, Oh. r.oucs, NJ the In
tsry Conference calieu az .ho , .,..S =,
dianapolis Board or Trade. ana composeu Oh
renrssen,atives of similar organizations from
l,pIoo. s ,s a,n,.v .s..mbisd in Tomlin-
oil parts OF tne country s,, 900 ,.,aaa,a.
son Hall this afternoon. Nearly 500 delegates
vsre present
"ero pre'ous a., ,ra.r hv rpob
The convention was called 10 order py huen
j. Hanna, Chairman OF the Executive Som"t-
tee. under whose management the arrange
80. 80 d., a.. oon,.n,,on ,vera m ede and who
menus LOT tne ooh'e"'io" 49, ,., a., a. =
originated the movement cuiminauns IN the
~ D. ~ r.r,.. ,a.,or NJ the First
Inc he'. -. ~. ha'neo' = ....a,na.
with praver. and Mr.. Hanna extended q welcome
-. ,,,
10 tne ueleea,eS rns,.n.no,,.
j. w. smith. Secretary Oh tho ihu'en"po''
Board of Works, read the call under which tho
s.'., s...,,hI.a For tem,orarv Chair.
eonVen''o" ,'.,..s c.,,,,,,,.. rocommsnd,d
man the Executive Committee recommonaeu
l. q stnnnard Of ST. Louis
l.. ". sS., -, 49,. .,,... ro,omm.,d.d
Gov otanhAru III us - 49,,
that the greenbacks DC retreos anu 'hAs
national banks bo permitted to issue notes up
70 tno par 'a'u' VI ''"''
their payment
EI-SeCretAry OF the lrehbuTy IhhtIcb % ah-
Iii, =, ~. VII ,h.n ,ddrs..d tho oony,n
chiId OF row ioik 'nen ,t "au ,uy
tion. John =. Irish OF California iolowed.
The Committee on Credentials reported that
go delegates had been cnroIlon. -, ~,
ness presented It's report; the chlet ica,use OF
which was the provision TOT restrlcling uooate.
making tue extreme limit Tor speeches 10 hsii
an hour and conhninR most OF them 10 n'o ana
ten minutes each. 1t was adopted.
The Committee on PERMANENT OrganiIation
recommended the name OF z. stuart Pattersoh
Ot BtnntylNanlh ETeSlucHt huu iCe-
president from each STATE reprtsentso. Evans
wooen OF Indianapolis was named for Per.
At Arms. ~
Mr Patterson nv was escorted 70 TN Sng 1 platIorh
Walker OF Massachusetts. chairman OF the
House Committee on Banking ana currency IN
convention and did so
AT the conclusion OF MT. walkers remarks
evening.
The evening session was caiied 10 oroer oy
Mr.. j. Harson Rhoades was recognized to pre-:
ssnt the views Of the New York Chamber Of
Commerce, which he represented. lie said that
the present financial course disaster and wreck
will certainly result .r
ity OF all kinds-stable tarin, stable govern
meht, and stable currency: He haid that pros
soena Dny 20 e'
Mr.. hhoades was applauoed when he said that
he could see no reason why the Government
standard and replace all notes by coin csrtia-
Gates protected BY ?5 per cent gold reserve.
In closing, Mr.. Rhoades denied the charge
that there Is hostility in New York and other
cities OF the East toward the West
MIR. Dausman Of Chicago presented the 1rst
proposition for the consideration OF the con-
vention. IL provided for tho appointment Of u
committee OF nine members TO be appointed
by the President of the United States
within thirty days. including one member
from the Senate Committee on Finance and
from the House Committee on banking and
Currency, to Investigate the financial subject
and to make report to Congress of their conclu-
sions by bill or otherwise.
Mr.. Chadwick OF Brooklyn offered q resolu-
take INTO considcration the eIpediency OF IN
principle OF scottish branch banks
Mr.. Peat offered the resolutions adopted by