The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-01-26
MONETARY CONFERENCE.i
Attendance a Thir,, More Than a Year
ARo--objtot Of convtntlon--Govsrnors
Nount and Shaw Addressed ths Gather-

fEo-ObJtct OF OunNtutlon--0oNefnOf
Nonnt and Shaw Addressed the Gaiher-
ing. stiii Z, X i'i x =. s "a
INDIANAPOLIS, Jan. 25-Four hun
dred delegates were present at the Grand
Opera House tonight when Chairman
Hanna, OF the executive committee, CALL
cd The monetary convention to order,
This was an increase OF 100 over the
number OF delegates that attended tho
nrst Indianapolis convention OF d year
ago. and IL was regarded as indicative
OF tho interest which the business men
feel In the movement for q reform OF the
currency lawp. The hall presented the
appearance OF a national convention Of
ono OF the great political parties, the
VARIOUS delegates being Indicated by
standards bearing the names az tho vnr-
ipuB stntos. The private boxes and lob.
blrs were filled with handsomely dressed
ladies, representing the wealth and cul-
ture Of Indianapolis, ana the hall was
tastafully decorated with national coll
ors. Two governors-G Governor Mount,
OF ofIndlana, and Governor Shaw, OF Iowa,
were the speakers at the afternoon ses-
sion. Governor Mount delivered the adj
dress of welcome, and Governor Shaw
epoke for more than an hour on the gold
standard and the retirement OF the
greenbacks. His homey and fdrcible
comparison OF Our financial system
with the gradual growth OF q pioneers
( home, gradual addition OF "lean-to's"
and thntch roofs, to be replaced In our
more advanced condition by q new
structure upon, firm foundations and OF
harmonious architecture, caught the ail-N
dience with great effect, and brought
forth round after round OF applause.
He spoke to an audience OF substantial
business men, who thoroughly appreci-
tated his arguments for an elastic cur
rency, based upon Commercial assets.
The delegates. as Governor Shaw sug-
gested. did not Include many bankers,
but included many men OF large affairs.
and some Of national prominence. There
were about sixty OF the Iowa delegation,
and there were also strong delegations
from Michigan, Wisconsin, 1llinios and
Ohio. y. "a.
IA 1t was 3aclocR when NJ. II. Hanna. OF
Indianapolis chairman OF the executive
committed, called the convention to or
der. He introduced Rev. Str. uaines, OF
this city. who offered a brief prayer, at
the conclusion Of which Mr.. Hanna arose
TO Introduce Governor Mount, OF In
diana. who was to deliver the address
OF welcome. AS Mr.. Hanna stepped
forward 10 the front OF the platform he
was greeted by a burst OF applause
which. continued for q full minute, and
which ceased only when It was obvious
that the recipient was embarrassed by
thls cordial tribnte 70 his personal
popularity.
Governor Mount spoke briefly. His
speech was appropriate to the occasion.
and was anearnest plea FOR the mainten-
ance Of the gold standard. He showed
that Thomas Jefferson. the founder OF
the Democratic party, had held st0utly
to the belief that the coinage should con-
form to the mercantile ratio Of the met
ais, and he queried In this connection
how this attitude would compare With
modern Bryanism, which insisted upon
10 to l as the legal ratio, while the cnm-
f1lescinl ratio is 20 toi1 He quoted for
.mer Secretary Of the Treasury John O.
Carlisle as maintaining that there was
not free coinage country In the World
to-day that Is not on q sotrd basis; that
there Is not n silver country In The world
to-day that uses any gold as money
along with silver; that there Is not, a
gold standard countryin the world to-
day that does not use both gold and Sill
Yer, and that there is not silver stand
ard country to-day that has more than
one-third as much money in circulation
per capita OF the United States. He pic-
tured the disastrous results which would
follow from the free coinage OF silver
In this country. and asserted that capital
would seek investmen. in this country
only when assured OF the saundness OF
our money investment. At the conclu-
sion OF Governor Mounts address, Chair
man Hanna presented Governor Shaw,
OF Iowa, to the convention as It's perina-
teEt president. "
Upon the conclusion OF the speech OF
Governor Shaw, Chairman Hanna re-
quested the state delegation to select
Vice presidents and members OF the
committee, on resolutions, TO be reported
before the evening session.. The con-
tent!on then adjourned until Z o'clock,
when addresses were delivered to 4
large audience by Hob. C.,Stuart Pat.
terson, Of Philadelphia, and Col. Jacob
L. Green. OK Connecticut Mr.. Patter-
SON spoke on behalf Of the monetary
commission us one of It's members.
The delegates TO the convention are
expressing much qualification at the
many courteses shown them by the peo-
pie OF indianapolis, An elaborate
luncheon vas given to-day by Chairman
Hanna 10 the members OF the executive
committee and to the heads OF the COM
mittees of cities who have aided him in
preparing for the reception OF the del
cgateH. Mr.. Hanna entertained at dim
ner the members OF the monetary com.
mission and few. other prominent del
egates. a reception was given in the
evening BY tho Commercial Club and
the board ofttrade TO Nil delegates, at
Maennorchor hail, Which was largely at
tended. Many ladies' were present and
q burfet lunch was served.
The delegates have been entertained
by the members Of the reception COM
mlttee ut the Columbia Club.
80 EslatfE15 ~ a. .--- 4 ~, 1stsl r.
The executive committee was con-
tlnued BY unanimous vote OF the con-
Ventior To-day and Will be given power
TO add to their numbers. They held q
meeting In the morning and resolved TO
prosecute the Tight for currency reform2
TO the utmost and 10 make an effort TO
raise the necessary funds BY imprcsslng
upon the business community the I'M
portnnee OF placing the currency upon
q stable basis. u l f Z n sE2s
"a significant motion was made before
the adjournment OF the convention BY
Mr.. Rhoadcs, OF New York. Itwas that
whcG the convention adjourn the tad-
joulnmcnt pc subject to the call OF the
chair and not n final ndjournment. Mr.
lthoadeA withdrew HIS motion ut the
time but Will renew II to.morrow.S His
purpose Is to place 1t In tho power OF
the executive committee to summon the
representatives of the business commut