Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-01-25
SOUND MONEY CONVENTION.

enc PiOScut administration WOuiQ not use
any Of the silver abliars to pay the obliga-
lions OF the government.
-l1~O-
SOUND MONEY CONVENTION.
II opens Today, Mt India napOlis-GOod
Attendance Reported.
Special Dispatch to The Evening Star.
INDIANAPOLIS. Ind. January 25.-The
sound money convention, which met here
this afternoon, gave every promise of great
enthusiasm. Chairman Hanna of the ex-
ecutive committee had received nearly 400
acceptances UP to Sunday, and a number
of delegates have arrived who were not
promised in advance
There are many prominent men among
the delegates in business, professional and
political life. Ex-Secretary Fairchiid, Mr..
c. Stuart Patterson Of Philadelphia, Mr..
Frfeze OF North Carolina, Col Leighton OF
st. Louis and Judge Taylor OF indianapolis
represent the commission which framed
the bill which win be the subject of con-
sideration today.
From Baltimore come Mr.. Eugene Lever
ing, Mr.. c. c. Homer. the well-known
banker and other leading business men,
Chicago sends delegation of dozen
prominent citizens, headed by Franklin
MacVeagh and H. H. Kohlsaat. One OF
the states where the greatest enthusiasm
has been manifested is Iowa, which sends
ahout sixty delegates to the convention
The interest was SO great in some cities
that they sent several times the number of
delegates to which they were entitled, and
each delegate will have only fraction Of
vote.
Michigan also sends several strong dele
cations, and there is large attendance
from Wisconsin Ohio and Pennsylvania.
Among the southern delegation outside
OF Maryland are strong men from Arkan-
sas' tennessee, Texas, Virginia, North
Carolina, Kentucky and Georgia. The re-
publican organization of Indiana is thor
reception will be given the delegates to-
night at the Commercial Club one of the
strong republican organizations of the city.
Welcomed by Gov. Mount.
Governor Mount delivered the address of
welcome to the delegates when they as
sembled, at o'clock this afternoon, and
Governor Shaw of Iowa was made perma-
nent presiding officer. The program for the
remainder of the day includes the presen-
tation Of the report of the commission by
Mr.. Patterson of Philadelphia, and the ap-
po1ntment of committee on resolutions.
Ihis committee will probably be in ses-
sion this evening, and report at an adj
1ourned meeting of the convention tomor-
row. There appears to be doubt that
the resolutions will emphatically indorse
the report of the monetary commission.
Ihere appears to be among all the dele
gates strong conviction that united ac-
ton Is necessary to secure currency re-
form, and that action by Congress Is too
important to the business prosperity of the
country be put in jeopardy by any di-
visions or hesitations.
There are half a dozen eminent prof IS
sors Of political economy here, like Prof.
Taussig of Harvard, Prof jerks of Cor
reH Prof Taylor of the University Of
Michigan. Some of whom make some
criticisms Of the details of the report, but
they all declare that H. is of paramount
Importance to secure it's Endorsement by
the convention and it's adoption by Con-
gress. a.,
TIE resolutions will make special refer
enoe to the ssfvicss of the members of the
monetary commissiQn, which were rendered
without compensation and from purely
patriotic motives. IL
Mr.. Hhnnn's Statement.
Mr.. H. H. Hanna, chairman Of the exec
utive comr.ittee, assured the commission
ers at their last meeting in Washington of
his appreciation Of their services and the
fact that they would be duly recognized
when another convention was held
There Is much difference of opinion re-
garding the possibility of action in Con-
gress, depending partly upon the tempera-
ment and partly upon the degree of infor-
n alton amongothe delegates. The southern
members and some of those from the doubt
full states of the west emphatic in de-
claring that if they6do not get currency re-
form from this Congress their states will
go over to free. silver coinage at the next
election. % .iirr 80.
Mr.. William Trigg. the head Of Richmond
locomotive works, declares that the gold
democrats of Virginia are disappointed.
and have nearly given up hope of relief
from present financial conditions The
chamber of commerce of Richmond unani
mously adopted declaration in favor of
the repeal of the 10 per cent tax on state
bank issues last week, and they would
welcome this form of relief from monetary
stringency in preference of free coinage.
He finds the Bryan leaders very confident
OF success in Virginia and in more doubtful
states in 1900, and does not see how their
hopes can be defeated except by prompt
action by Congress for the modification of
the present antiquated and insufficient
banking system.
Sensational Statements Expected.
The feeling among the gold democrats
from the north ard east is also intense. 1t
would not be surprising if some sensational
declarations were made tonight or .omor-
row morning regarding the attitude of the
gold democrats throughout the country.
Several prominent delegates declare that
while they themselves would never vote for
a free silver candidate, they are very much
1ncensed at the backwardness of prominent
republican leaders in Congress in support
ing currency reform. They expected in
1895 that the party would proceed with the
same sincerity to carry out it's currency re-
form pledge as its tariff program, and that
II this is not done it will be impossible to
prevent the voting masses in the doubtful
states from turning the scale against the
republican party this autumn and in the
next presidential election.
There are republicans also who declare
that the attitude Of certain republican
leaders may have an influence upon the
republican national convention, and that
| any one who is not for currency reform
need not look for support to any of the
great states of the central west, where the
redemption of the pledges of the party in
this regard is absolutely necessary to hold
| the voters who brought success in 1885,
FILIBUSTER TILLIE SINKS.