The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1898-09-14
Currency
Convention
Big Meeting of the Fin
anceers at Omaha.
GOLD VS.. SILVER.
Noted Fipanceers and States.
men Gather and Discuss the
Money Question

Omaha. Neb. Sept. ls.-At the cur
rency convention in session In this city
Mr. Morton presided on Gold day and
said:
AS president OF the National Sound
Money League. cali this assomblage
to order.
Gentlemen you have been convoked
for u patriotic purpose That purpose
ls to candidIy discuss the money ques-
tlon. with the intention OF ascertain
ing the best currency for conserving
the prosperity strength and honor OF
the American republic.
"Three questions demanding your so
luton are;
"One--ls T. the fixed legal ratio en-
acted between the coins which governs
the relative value Of the metals in bull
lion?
"Two--Is II the relative value Of the
metals in bullion which govern the rel
auve value OF the coins2
"Three-If no single and separate
state can maintain a fixed legal ratio
between the metals when coined in UNI
limited quantities. can an international
agreeme Il among the principal mer-
cantil countries Of the world do so3''
Mr.. Edward Atkinson the dlstin-
guished economist, OF Boston did not
attend on account Of I'll health.
Mr. Horace white addressed the con-
vcntion. advocating the gold standard,
and said that there was enough gold
for the business Of the world
Mr. BARTINES REPLY.
Congressman II. f. BartInes reply
to Horace White began with a sup
port of the legal tender theory OF mony
in general He denied that either Mr..
Atkinson or Mr. White had made any
Affirmative showing in behalf Of the
gold standard. In fact. no denied that
any affirmative showing could be made
FOR 1t. The same law that made 25s
grains Of gold dollar could have made
a dollar OF half that amount The gold
standard. wherever 1t existed, was
creature of law and nothing else. The
difference between the supporters of
Bryan and those OF Mckinley is the
last campaign was only difference OF
method One element believe IN the
free coinage OF silver Independently
and the other In waiting for an inter-
national concurrence. He made the
statement that in the last election prac
tically 100000 voters had gone on re-
cord for the free coinage Of silver at
some time. only $4,000 voting unequl-
vocally for the perpetuation OF the
gold standard.
The afternoon session OF the Nation
nj Currency convention developed in
To almost a mouth to mouth contest
between the gold and silver sides, with
the middle OF the road editors Of the
reform press association strongly in ev-
ldence for their favorite theory Of an
Irredeemabie paper currency. The fat
lists are the most impatient to be heard
and can hardly wait until Thursday,
which IL their day for the advocacy OF
paper money. and their Interruptions
were fast and numerous
The first speaker was II. p. Robin
son OF Chicago. editor OF the Railway
Age. He answered "a number OF Mr..
Bartines points OF argument and con-
tended strongly for the necessity for
the national honor by pay
Ing of the obligations OF the country
In as good money as they were contract
ed In.
Louis r. Enrich of Colorado Springs,
Col, followed him TO show that the es-
OF the gold standard was
in harmony OF evolution. Incidentally
he argued against the quaintitiye the
ory OF money.
GOV SHAW CDEAKC