The times. [volume] (Richmond, Va.) 1890-1903, 1897-11-10
SOUND MOl;EY LEAGUE.
A DEMAND FORd CLEAR DECLAfh-
TION or GOLD STJNDIRD,
Reports Received Prem the Nice-Prcsi-
dents of Various statcs--An Al
dress TO the Public.

NEW YORK. Nov. 9-The semi-annual
meeting Of the Executive Committee OF
the National Sound Money League. was
begun here to-day.
There were present President George +.
Leighton. ST. Louis; General Secretary
+. V. Smallcy. Henry Willard. Gustav H.
schwab. J. Kennedy Tod. ii. II. Robin
| son, Edwin Burrit Smith. j. X. Cowen,
NJ. L. Ingalls,. J. W. Norwood, w. c.
| Cornwall and Treasurer Il. b. Hepburn
LETTERS RECEIVED.
| General Secretary Smalley read COM
muncation from NJ. c. George, vice-prssi-
dent for oregon. who wrote that he was
with the league I'm all the great questions
relating to the currency. and realized
| the necessity for aggressive work. As TO
the state in many places the league would
| find 1t honcycombcd with financial error.
| on motion OF Mr.. Ingalls, OF Cincinnati,
| II was voted 10 appropriate $1,000 TO aid
Mr. Georg, in spreading the light IN ore
gon.
]. X Cowen. Of Baltimore. reported
| that things were satisfactory In his ter
| ritory and added that Maryland did not
| need any financial aid from the National
| League.
Judge Recs. vice-prosldcnt OF the lea
que roT Arkansas wrote:
There is no change I'm this state. There
Is an Overwhelming majority for free sill
yer and Bryausm IN every Congressional
District"
Charles +. Libby. president OF the lea
guc for Maine. wrote IN ra:i:
80 far az Maine is concerned do not
think that the silver question will be an
issue in the Congressional campaign next
year"
James l.. Blair. Of 81. Louis. wrote;
"On the whole cannot say that | feel
encouraged over the situation in MIS-
souri,"
William C. Cornwcll. Of Buffalo. report
ed that rs far as he could ascertain both
in the eastern and western parts OF the
state the free silver sentiment was active
~ cying out.
PROCLAIM GOLD STANRAD,
LOUIS A. Enrich. OF Colorado Springs
reported that nothing but better times
can bring about change in the free Sill
yer sentiment in Colorado.
'.rne only thing to affect the West he
said. rs better timcs and | would now
suggest that the league come out boldly
and ask the President Of the United states
20 proclaim the gold standard a. the
money basis OF the country
President Leighton thought u h5my
incxpcdiont for the league to commit
itself on THE point at the present time
". l.. ingalls,, Of Cincinnati said:
s'rhr result Of the resent campaign
shows corclusively that the South VIII
againt drift back to the Democracy ana
free silver" C0rtnriIg he said, that
"the great danger row g IN the tendency
20 drift into "a now banking house law
which to he country VIII be irauSht VIE
danger"
on motion ~ If = Robinson, Of Chi
eago. q was resolved that committee
be appointed to receive and consider the
rcrort Of he Monetary Commission
when IT Is made ana call q meeting OF the
Executive Committee IL II Is considered
necessary mat acton be taken
committee comprising President Leigh
ton. Secretary Smallcy. Gustav SchWab
and W. G. Cornwall WAS appointed TO
prepare a declaration for international
bemetalism 20 the effect that bimetal-
lisn is dead and that gold should be
be- The standard OF the country. \ re-
ceGs was then taken
Before reaescnihling he members Of the
committee said that President Mckinley
hai stated his intention Of recommend
ing I'm hi next message 10 Congress the
advisabiiity Of separating the issue de-
partment Of the Treasury from the reg
u,ar government expense accounts. In
other words. it will be proposed to hold
the gold reserve az a redemption fund
for grecnbacks to make the gold and
gTeenbacks INTERCHANGEABLE. IL was said
that President Mckinley had spoken free
" on Monday with prominent official OF
TIE national league.
THE ADDRESS.
when the committee resumed It's ses-
sloE Louis Enrich. OF Colorado Springs
read the following address:
The Executive Committee OF the Ma
tional Sound Money League. in behalf Of
its n embers throughout the United States,
issues the following address:
international bimetalsm as a world
possibility is dead.
Let rs recognize this The Interna-
tional Bimetalhc Commission appointed
under the ST. Louis pledge Of the Repub-
lican party have made strenuous efforts
on behalf Of this policy. Those efforts
have proved futile. The commercial ne
cessities Of the world have demonstrated
that a dual standard is commercially UNI
acceptable and. IN the present stage or
civilization. impossible.
1.-THE hour has come It seems TO ms.
when a national recognition Of this fact
is necessary. The situation demands a
clear unequivocal declaration that BIZ
metallism Is a dream OF the past. The
United States must proclaim their ac-
ceptance Of tho worlds fact and plant
themselves finally on the single gold
standard.
"The proclamation OF this monetary
position will quicken our commerce. in
crease foreign investment. and make per-
manent the prosperous conditions which
have begun 20 manifest them1cives IN our
country.
I'VE invite ihc friends Of sound money
md an who would contribute 10 the well
being and safety Of our commercial life
10 Join in bringing about the unmistaka-
BILE declaration that now and hencefort>
me monetary system OF the United States
shall rest on the single gold standard
The next meeting Of the league will be
held in Washington during January. 1898.
The Blunder AZ Richmond College.
EDITOR OF The Times:
l. L. IT, ~. ,..I