Evening star. [volume] (Washington, D.C.) 1854-1972, 1898-01-11
THEYWILL MEET TOMORROW
Members of the Monetary Commission Ex-
ecutive Committee.
Henry c. Payne Says That the Repub-
licnn Party is Pledged to Mnin-
tain the Gold Standard.

Henry c. Payne of Wisconsin, a member
of the republican national executive COM
mittee, and who had charge of the Chicago
headquarters during the presidential cam
paign. arrived in the city last night to at
tend the meeting of the executive commit
tee of the monetary commission, which
meets tomorrow. Mr.. Payne has just been
appointed member of that committee, and
expresses much hope that it will be able to
accomplish something in regard to finan-
cial legislation. The committee tomorrow
will prepare for its hearings to be given to
the members of the commission by the
banking and currency committee of the
House.
Mr.. Payne. in talking about the financial
situation. said that he remembered well the
promises made during the presidential cam
paign for financial relief for the country,
and says the Chicago platform not only
promised bimetallism with the cooperation
of foreign countries, but it also promised
to maintain the present gold standard upon
which the country is acting. He said
the administration had done all in its power
to carry out the first provision. having hon
estly and conscientously sent bimetallic
commission abroad to negotiate with for
eign countries for an international agree
ment. This had failed, not for any reason
OF this government but for reasons given
by the foreign nations. Having carried out
this part of the platform, he thought it the
duty of the party to do something in re-
gard to the other provision. and that was
to maintain the present standard. which
was gold and to remove the danger places
which had proven 50 disastrous to TIE coun-
try in former years.
1t was the duty now of the aGm:nistra-
tion ard the party to lock out for the
business interests of the country, and
this could be only done by perfecting or
correcting our currency system and living
up to the promises made during the cam
paign. Mr.. Payne added:
Maintaining the Present Standard.
Il do not any objection to sending
another bimetallic commission abroad TO
reopen the negotiations fer intcrratioaa.
timetallism, but l do think that While
these negotiations are going on something
ought to be done for maintaining the pres
ent gold standard, by removing the danger
spots in it. l cannot why, after che
Pledges we made during the campaign,
that members OF the party are willing to
sit Still and say that nothing can be done
IN this matter, when 1t is our plain duty
TO the republican ma jority in the House
TO pass soI.ie remedial measure, and having
dcEe so, send it to the Senate and let the
responsibility rest with the individual mem
berS there. BY doing this the republican,
party carries out its pledges made during
the campaign, and shows that it endeayor-
ed TO carry out rot only the plank for
DliIttdl-SIn Dut the other
TART of the plank, pledgng itself to maiE-
tain the present gold standard The two
can work side by SIDE to the benefit af each
other. and the republican party by doing
SO will keep its promises to the people
The Position OF Wisconsin.
Mr. Payne stated that his position in this
matter was fully indorsed by his state, tor.
during the last session of the legislature
in Wisconsin, a memorial en.bodying the
sentiment he expressed was adopted unan-
imoUsly By that body, and the memorial
was sent to the members of Congress- The
resolutions, after recitng the sentiments
of the people of Wisconsin in favor of the
maintenance of the gold standard, and in
favor of a putlic declarat ton by the legis-
latve branch of the government to that
end, as set forth in 1869, when doubts were
raised that the government would redeem
It's obligations in the standard money of
the tine. instructed the senators and rep
re tsentatives from Wisconsin to use all
means TO secure such congressional decla-
ra ton. This memorial was adopted when
the legislature was fresh from the people
and almost Immediately after the presi-
Dental election. and Mr.. Payne thinks that
this declaration of his state should not be
forgotten at this time. when there is so
much question as to what the west thinks
the proper course to pursue.