The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-01-26
0 N REFORMS CAUSE.
TIE CONTENTION TO SUGGEST LEG
IsLhTION MEETS AGAIN.

Report or the Comni,sion Presented fsr Cen
alteration - The view York Delegation
Declares THAT It IL Unabie 20 lndorsa
the Piau Agreed Upon-eov. shaw's speech.
I~NpIANAroLIs, Jan. 25.-The first session Of
tho reconvcned Monetary Convention. composed
of about 400 delegates from boards OF trade and
commercial organizations Of tho principal cities
of the country, was held this afternoon in the
Grand Opera House, Chairman Hanna OF the
Executive Committee calling the body to order
at 3 O'Clock. Tho convention presented many
faces that were here ono year ago when the
initiative steps were taken toward monetary re-
form. This was especially true OF the East,
which returned nearly all Of the delegates. There
were now faces, however, from the West and
South. and each of these regions sent q greater
number of the delegates than attended q year
ago, a sign which 10 construed by the Executive
Committee as evidence that the desire for cur
rency reform has secured strength from the
active steps that have been taken in It's accom-
plishment.
The most marked difference between the body
of one year ago and that which to-
day lay in the expressions which preceded the
sessions. At the first convention every one was
on the tiptoe of expectancy, every ear was
turned when q delegate rose to speak, and the
discussions In the convention and In the hotel
Hobbies were eagerly listened to or earnestly in
dulged In. Men seemed to have como to the
meeting then with ideas that they wished to
advance, with propositions that they regarded
Ms of moment, and with theories that they felt
certain need only to be explained in order to
receive commentator.
At the convention to-day and in the Hobbies
preceding the meeting very little of this spirit
was shown. II the experience OF many dele
gates may DO regarded as Rejecting tho scnti.
ment OF inc convention .ney were tso mere ,na m !
might no oxerted as far as possible ON Conpress.
m Gha,r Do ose HANNA "s M war Us se pUsS'u,I Un rr seasi' sr
t tion aS the Rev. MT Mr. H 4 Of the First Presbyte.
the delegates in behalf of the state and city.
Gov. Shaw of low was permanent Chairman
Of the meeting. and was received with hearty
applause. He spoke with elaboration. His
iinstretion OF inc nhancial eiinSul,ies tm, nu
which the country has passed, which he hkened
10 a Su nnonnssu % nu,aus III. auai,ors ,nS wos
much amusement among MS AUDITORS anu was
W. .rs all familiar with The nic,ure Of tho
W. on.,s his ,orr, an ,ho nr,,.
rie. He crccts a shanty for himself and a shed
for his team. He marries and children bless his
home. He builds from necessity an edition to
then a iean.lo. and no sets them on wooden pins
mr. howidera Gathered from the creek. His sta.
~ ~, !. w nasts and nolea and atraw Nv and nv
a si9S SION, rendera IL necesssrv. mr. his nros.
nor;,r i,st;Sos r. AND he confen,nlates larger
ma Seiter and more nermnnent thinos, Than
he caIis in m architect, I can think Of no bet.
tSr iiinstration nf onr financial avstcm 0nr
s o q b,;1ded not batter than fhey knaw but
\" some resnects less wisely than thew supposed.
.sThe siiver dollar WAS the original INIT of
value and for more than forty Years we coined
but IttIe roId Then in 1874 the ratio wes
w. raad onJ nm adSit;nn vas bmiit on n gold
SSna;a and ,beren fter we coined Int little silver
rr,say,r roars Iatcr we attached n snbaidiorv
io"nito ~ nnrchase tbc buiiion coined frnctional
c"rrency on Government Account and main.
,nined IL nor;ty Nv mak;ng IL redeen,abie in
SniI.yejeb. Coin Then amid storms of civil
VIZ we sranenied sncc,e mn yment altooether
and NJ constrncteS n shed With n thatched roof.
nfYordino an admirable shelter for the time. but
retnrnin1 nrosperjty. yieor. and bopefuIness.
we erected an unripht, and imbedded the
foundation thereof In a rock without fssure.
riff. or seam. ono that had never disintegrated,
never settled. never fijnched, Then in 1879 we
attached an oil and set it upon q foundation
known ever 70 PC insecure ana Ioroyer setting'
ana Supoect 10 irost ano ram anu VIM.
since then we nave re-s,uea anu shlnHieu
ana painted ana whitewasne again anu aRain'
we nave even taken p9oIograohs o. Vur dnmn.
clal surroundln2s, anu lrequehIly nattereu qul,
selves ana DOaSteQ 10 our CnllQTen JnhU We nau