The copper country evening news. [volume] (Calumet, Mich.) 18??-1907, 1898-01-28
The Resolutions.

street commenced the cOHfnisSioH -
work This is not the time for stop
ping this movement" said he.
The Resolutions.
Mr.. Wheelock Of Minnesota, chair
man of the committee on resolutions,
asked John G. Burlitt of Philadelphia
to read the resolutions. The resolutions
recognize the conventions obligations
to the executive committee, and cor
daily approve the plan of currency re-
forms submitted by the commission
which is set out as follows:
II. To remove, at once and forever,
all doubt as to what the standard of
value in the United States is and is to
be.
"2. To establish the credit of the
United States at the highest point
| among the nations of the world.
"3. To eliminate from our currency
system those features which reason and
experience show to be elements Of
weakness and danger.
a. To provide a paper currency con-
vertible into gold and equal to 1t in
value at all times and places, In which.
| with a volume adequate to the general
and usual needs of business. there shall
be combined a quality Of growth and
| elasticity through which 1t will adjust
itself automatically and promptly to all
variations of demand, whether sudden
| or gradual, and which shall distribute
| itself throughout the country as the
wants of different sections may require.
To avoid Injurious contraction.
"5. To so utilize the existing silver
| dollars as to maintain their parity with
gold without imposing undue burdens
upon the treasury.
80. To avoid any injurious contrac-
ton of the currency.
az To avoid the issue of interest
bearing bonds. except in case Of un'
looked for emergency; but to confer
the power to Issue bonds when necess.
airy for the preservation of the credit o.
the government.
rs. To accomplish these ends by g
plan which would lead from our pres
ent confused and uncertain situation by
gradual and progressive steps. without
shock or violent change, to monetar,
system which will be thoroughly SAFE
and good, and capable of growth to any
extent that the country may require.
Congress Urged to Act.
Approving of the expressed purpose!
of the commission and Of its plan, we do
most earnestly and cordially commend
IL to our fellow-citizens as worthy OF
their approval and adoption. and W.
| urge upon the congress of the United
States that the principle embodied by
the commission in their report should
be enacted into law with the belief ant
| expectation that the effect would be Il
secure a solid. substantial and stable
Financial system that would redount
to the credit of the country and insure
a state of prosperity that cannot b'
achieved unless there Is system O
finance, the integrity and adaptibilit!
Of which cannot be questioned or gain
said.
THE time has now come when TIT
prospects for the establishment Of thu
gold standard upon a firm and endur
ing basis are Frightening and encourag
ing. The people want a note currenc!
which shall be as good as gold. Thi
movement proposes to bring about tina
result.
Kind Of Currency Wanted.
1.-THE people want volume OF cur
u rency adequate to the general and usua
needs Of business. with a quality o
growth and elasticity through which
Twill adjust itself automatically AM
I promptly to all variations OF demand
whether sudden or gradual. The PEG
pie of the western and southern state
wish the Issue so distributed as tina
the scarcity of currency will no longe
hamper and distress them In their busi
ness operations. "A method is prcpos SCI
whereby their wants can be supplies
and. their demands can be compie'
with,
we ar, eel to tktr'- we arreal to al
patriotic citizens TO unite with us in al
earnest ard detrrn fred e ri tor s'our
, from congress such Iegs'atl'r as VII
wisely but firmly tyGErate. IN trirsin
. about sound Gnanc al ~ tloGs. an
| in building ap' anu ss,abIshing conn
dence. security sad safety il, bus ines
TRANSACTIONS anu ia he owIsrsiip an
| value of prorsrty."
} After two l., urs It fay. raj .e GeLat
the resolutions were tLarin ousl
n - 4sv<x-.- H.. a