The times. [volume] (Richmond, Va.) 1890-1903, 1898-02-23

ton in the absence or n knowledge Of
how II would be received.
Mr.. r. c. Marshall said that there ware
portions Of the paper to which he could
not agree. but he would raise no objec-
ton to the resolution IL he were allowed
10 refrain from voting.
Mr.. Newton said that the question was
one to HIS mind entirely devoid OF poll
tics. The adoption Of the pan would be
q boon TO all parts OF the land and ac-
cord the fullest voice 70 the advocates
Of the reconciliation OF silver. With
these views he moved that the Associa'
ton endorse the indianapolis plan as set
forth I'm the bill OF the Hon. Mr. over
street n member OF the lower branch OF
Congress.
LACK OF CONFIDENCE.
Mr.. Newton's motion was endorsed by
Mr.. John p Branch In a vigorous and
convincing speech lie said that n the
plan proposed by the indianapolis Con-
ference we're adopted the country would
be upon the right road. The main trou-
bic now was lack Of confidence. The peo-
pie wanted and needed a medium Of eX-
change II It was given TO them. no
more would be heard q free silver; II it
was withheld the question would contin-
ually rise up 10 create trouble.
Mr. Branch reached the root Of the
whole matter when he related personal
experience. He said that some time ago
"a gentleman came 10 him from one Of the
nearby counties Of the State with note
which he wished TO have discounted.
"The note" said Mr.. Branch. was as
good as could be made in his county
but couldn't let him have the money
because I didn't know anything about
the drawer or end0rscrs. That man
should never have been compelled to come
10 Richmond TO get money. There should
be bauk.jn his county. the MANAGEMENT
OF which would accommodate an parties
entitled TO credit. Free banking is what
we need.
Mr.. Lancaster William said that 10
was exceedingly desirable that so i'm
portdnt q matter should be unanimously
endorsed by the Association. lie hoped
therefore. that Mr. Marshall would wlh-
draw his objections
Mr Marshall said that IN be understood
the paper Alright 70 committed the coun-
try 20 mono-metallism. so far as the
standard was concerned lie could not
agree that u was wise 20 stop the c1in-
age Of silver: nor could be agree that &c
was wise 20 continue that stoppage.
He WOULD WITHDRAW.
or don't want 90 be marp.ot," said
Mr. Marshall 0ld I am willing TO 60
out and smile and leave The whole ding
IN the hands of my partner here. who
knows an about finance. / have given
you my views. gentlemen. They may BE
fool views but they arc my views"
Mr. Newton rejOined in a Gle ir cyposi
ton Of what would be accomplished D."
The adoption Of the Indianapolis None
tarv plan. after which a vote was token
and the same endorsed, only two voting
in the negative.
With the endorsement Of Mr.. Newton
motion the main business of the Associa-
ton was concluded. on behalf of the
Clearing House Mr.. Mann s. Quarles ex-
tended an invitation 10 the Association
10 attend an entertainment at the West
morelaad club at eight o'clock. lie
also extended one from the Common
wealth Club.
Votes Of thanks were extended 20 the
railroads and hotels Of the city for c0ur-
tesies. and 10 the Chamber Of Commerce
f9r the loan Of it's Assembly Hall.
The question Of whether 10 would be
advisable for the Association 10 meet
eemi-annuallv. instead Of annually. was
discussed upon suggestion Of Mr.. New
ton. but no action was taken, as the con-
stiuton provides that the Executive
Committee shall fix the times and places
Of meeting IN the absence of any action
by the Association.
The Association, at 2:2O o'clock adj
journed sine die.