The Forrest City times., 1897-01-15
FOR BETTER MONEY.
The Conference of Business Men
at Indianapolis.
A GENERAL INTERCHANGE OF VIEWS.
The Committee on Resolutions Had a
Vast Amount OF Matter to Select
From, and was Tardy in Report
ing in Consequence.

order by Chairman Patterson.
The secretary read telegram from
the Jersey City board of trade, amid
applause, commencing the objects of
the convention and expressing it's in
tention to stand by it in the fight for
honest money and the national honor
f. II. Madgeburg. of Milwaukee,
presented a series of resolutions rep
resenting the views of the business
men of that section.
f. o. Stanard, of st. Louis, sent up
plan formulated by w. c. Little, a
merchant of that city, the main
features of which We're similar TO the
demands made in the Milwaukee reso-
lutions.
Ebert X. Perry, of Galesburg, H..
offered a resolution declaring it to be
the sense of the convention that the
currency and banking laws should be
so amended as to secure, first, an elias.
tic currency; second, safety without
bond issue; third, the security of de.
positors; fourth, protection of stock.
holders against dishonest officials
fifth, the retirement of paper currency;
sixth, a non bipartisan finance commit
tee to suggest to congress desira BILE
changes as the necessity for the IN de-
velops.
The secretary read the titles of
large number of schemes of revision
and relief which had been forwarded
to the executive committee by their
authors, and they were all referred to
the committee on resolutions
On motion of Mr.. Ballinger, of
Keol1uk Ia, it was decided that all
the papers, resolutions, etc, still in
the hands of delegates be presented
without reading, and at once sent to
the committee under the rule The
committees work was increased by
offerings from Messrs. Bollinger and
Bell, of Missouri; Coy, of Iowa; Kelsey,
OF Indiana, and Uniston, of Minnesota
E. c. Camp, of Knoxville, Tenn, sug-
gested that we pay our debts as gov
eminent as we would as individuals
He advocated tariff law sufficient to
yield revenue of $3.50, 600, 900 and the
gradual retirement of the greenbacks
and other government indebtedness, at
the rate of at least 500, 0OO, 600 per
year.
Mr.. Cobb, of Massachusetts, on be-
half Of his delegation, said they were
so well pleased with Gov. Standards
opening address that they desired to
commend it to the committee on reso-
lutions for its consideration in prepar-
Ing its declaration of principles
Gov. Stanard asked that the motion
be withdrawn in reference to him, but
Mr.. Cobb stated he desired it presented
as representing the sentiments of the
delegation. 1t was SO ordered.
The meeting, on motion by Mr..
Chadwick, of Brooklyn, was then
thrown open for an interchange of
opinion, speeches being limited to five
minutes.
Nobody offering to speak, calls were
made for Chadwick.
If no one else wants to speak"
humorously protested Mr.. Tucker, of
Philadelphia, who had previously
moved for recess awaiting the re-
port of the committee on resolutions,
Il shall insist upon my motion"
Mr. Chadwick gave the history of
the establishment of legal tender OBJ
legations issued by the government,
the first instance being that of the
legislature of Massach usetts in 1890,
which ordered that bills of credit be
issued to pay its soldiers who had
been campaigning in Canada. This
was the beginning of all our trou bles,"
he said
Mr.. Chadwick was cut off by the
operation of the fve-minute rule, but
motion to extend his time was voted
down tn the % 81
delegates
Representative c. Ii. Fowler, of New
Jersey, member of the house on
banking and currency, was asked to
speak, but it required a division of the
mouse to pass motion to suspend the
operation of the five-minute rule in his
favor. Mr.. Fowler then addressed the
convention.
Mr.. Fowlers mention of the ma me of
resident Cleveland, asserting that his
declaration that the last resource of
the government should be exhausted
IN the effort to sustain the credit of
the nation, alone stayed the flood hur.
rying the country on to deprecated
standard, evoked the first real burst of
enthusiasm the convention expert
~ was lOllOWeu Dy equally ex-
pressive outbursts when he referred to
the action of the republican conven-
'ion In asserting that the gold stand
ara must be maintained. and that the
democratic party contained large
element of patriots who declined to
follow the lead of their leaders and
voted for Mckinley.
Inc congressman's emphatic state
ments In favor of the use of the word
Roid instead of coin in national obliga-
uons' and against further discussion
ol the silver coinage question, met the
very decided approval of the conven-
tion' being frequently punctuated by
vigorous applause.
AT the conclusion of Mr.. Fowler's
auoress he was surrounded by
crowd OF admiring delegates. whose
warm congratulations somewhat in
teriered with the immediate further
proceedings.
brlef addresses were made by Joseph