The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-09-15
DISCUSS The CURRENCY
LARGE NUMBER OF SPEECHES At
MONETARY CONFERENCE.
Ex-Congressman Tewne and George
Fred Williams of BostOn Advance
Free silver ACKNOWLEDGEMENTS
Talk In Favor of Gold standard.

OMAHA. Sept, l4-At the morning ses-
! SION OF the monetary conference Judge
! Crawford, who was 10 have spoken yesier-
| day. but did not reach the city IN time.
| read paper.
| Judge II. l.. Crawford. Dallas. Tex.
| speaking in opposition TO free coinage, said
! in part:
Free coinage az Is 10 l means not bi-
| metallism. but silver mono-metalifsm not
| the double standard. but the single silver
| standard. Let us ask ourselves If there IS
| now existing IN this country condition
| which would Justify or excuse the adop-
| ton of q monetary system and standard
/ of Value at war with that maintained by
| all the great commercial nations or the
| earth More than n.ne-tenthS OF our COM
| merce is with gold standard countries. our
| exports vastly exceed our imports. Inc
balance of trade is in our favor and to
| settle H. gold il pouring upon Us n an al
| most unbroken stream. Our locomotives
| pull trans in Siberia and Japan; our reap
| ers can be seen in harvest fields all over
| the world. Even European dudes ride the
| American wheel. We have entered con-
| test for the commercial supremacy OF the
world: if We would win, We must have
gold for our standard and smokeless pow
der for cur guns. This country il not going
| TO ruin. All We want the government TO
| do Is TO maintain financial system IN
| harmony with the other great nations or
| the world and give us a banking system
| that Will eQualize interest rates and loan
| able capital between ali sections Of the
| country. The good sense Of the American
| people will do the rest"
| When Crawford finished Chairman
| Towne. of the Silver Republican national
| committee. who was presiding, called SEN
| ator Allen to the chair. and delivered his
| address.
| Towne said in part:
| THE era of ambiguity is past. The re-
| cent state conventions Of the Republican
| party have been marked unanimity de-
| clared themselves unreservediy for me
| gold standard; and we encounter in these
| debates the avowed defenders of that sys-
| tenn. not its apologists. but its champions.
| congratulate the National Sound Money
I-easu.' on It's courage and eandor. Let
f, me. however. presume 10 recommend q
still further exhibition OF candor. and that.
| following the example OF Its English pro-
| totype, IL change Its name to The Amerl-
| can Gold Standard Defense Association "
ator from Wyoming, spoke on The Gold
Standard From the Standpoint Of the
| Western States"
The principal speakers at the afternoon
session Of the currency convention were
George Fred Williams. Of Boston, and
| Congressman c. N. Fowler. Of Elizabeth.
| n. j.
| Mr. Williams was the first to speak. His
! conversion to the silver theory he attrib-
| uted to phllanthropic reason involved in
what was TO him a great question. He
| pictured a gloomy industrial ard agricul-
tural condition in Europe, quoting from
the reports OF Secretary Dredge. of the
English labor commission, and statements
| made by Minister Meline, of France, and
| others.
He was followed by Arson Wolcott of
| Indiana. who reviewed financial legisla-
ton with a purpose to show that it had
been destructive to the circulating me-
| dunn.
Judge Joseph Sheldon, OF Connecticut.
who upheld the quantitive theory of
| money: President Thomas f. Wills. Of the
Kansas agricultural college, who discount
ed the value of academic opinions on
economic questions generally. followed.
Then Congressman Fowler occupied the
platform for half an hour with a defense
| OF the gold standard.