The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1898-01-29

Iowa We'd with Indiana for the hon
or Of the largest delegation on the floor,
and they made an impressive appear
ance when they arose en- masse TO cheer
Gov. Shaw. There were about 60 OF the
iowa delegation. and there were also
'stroug delegations from Wisconsin,
Michigan, Illinois and Ohio. New York
was represented altogether by a score
OF its most prominent business men,
aud many dispatches came from boards
OF trade Ia New York aud New Jersey,
which were not able to send delegates.
promising their cordial support. Dele
gates were present from Virginia, North
Carolina. Arkansas Georgia Tennessee,
Kentucky, Missouri and Maryland
II was three O'Clock when IL. A. Ham
pa Of indianapolis. the chairman Of the
executive committee, called he con-
vention 10 order. lie introduced Rev
NJ. l.. Haiues. Of this city. who offered
brief prayer, az the conclusion or which
Mr.. Hanna rose 10 introduce Gov Mount.
OF Indiana, who vas TO deliver the ad-
dress Of welcome. Gov Mount spoke
briefly Ills speech was appropriate to
the occasion, and was an earnest plea
for the maintenance Of the gold stand
ard.
At the conclusion Of Gov. Mounts adj
dress. Chairman Hanna presented Gov
Shaw, Of Iowa, TO the convention as its
permanent chairman, Gov. Shaw spoke
as follows:
Il believe gentlemen, you represent to-
day the non-parlisan purpose as well as the
hnancial sentiment OF n veryfarge major
~ OF the American people. Every time the
question has been voted upon they have de-
clarcd for sound money and national
honor They went TO the extreme lin
Il OF their opportunity in demanding secur-
ity against financial depression, CONNER
cial upheavais and Industrial agitation
IN view OF the oft-repeated declaration for
national honor and the payment and dis
charge OF every obligation. public and prl-
Nato, In a currency equivalent Ia aold A
remains for the law-making power 10
spread the verdict OF 1896 OF record. 10 rem
der judgment In accordance Herewith and
20 make the decree perpetual. failure so
20 DO VIII endanger every interest. every In
dustry every enterprise, and make possi-
BILE panic Of such cyclonic force and wide
spread extent as to render what we have
seen. In comparison. but a summers
zephyr.
We must have a paper currency. be-
leVc the country at large, without regard
10 party. agrees TO this proposition We
must nave paper currency, and OF sum.
Client volume FOR the needs OF a great and
prosperous people. with many and varied
interests Those who believe In the prin-
ciples Endorsed at the polls In 1896 to-
Eether with those who accept the verdict
then rendered as OF binding force. agree
chat every dollar OF paper currency must
DE redeemabe. directly or Indirectly. ex-
changeable or convertible, at par for gold
The value OF every dollar OF the United
states money, whether OF coin OF paper cur
roncy. must be the equivalent Of 25.S grains
or standard gold. The gold coin must be
the touch stone, the test, the measure OF
value OF every dollar. by whomsoever is
sued or howsoeVcr expressed This paper
currency the volume of which must be CO.
extensive with the needs OF the country.
should all be issued by the government or
by the banks. The time has passed by
when the government should Issue a part
OF the paper currency (others than coin GER
tihcatesb. and the banks part
This currency must be elastic. There
viii be no more half bushels needed la the
south on thrashing day than will be need
ed seeding day. The same thing Is true OF
tho east and the west and the Pacific
slope The monetary system that shall
stand the test OF all time must be automatic
IN It's operations Wherever the demand
exists there the currency must spring up IN
volume sufficient TO meet the requirements
OF trade and commerce. This can be ac-
complishcd only by clothing the banks with
levied upon the circulation TO protect
against dangerous Imitation beyond the
needs OF the country. and TO insure contrac-
ton when the demand ceases.
Upon the conclusion of the speech OF
Gov. Shaw. Chairman Hanna requested
abe state delegations TO select vice pres
idents and members OF the committee
on resolutions. TO be reported before the
evening session. The convention then
adjourned until seven o'clock.
wcii-known ChicaEoan Dead.
Chicago, Jan. 2G.--Hiram j. Jones.
superintendent OF the special assess
ment bureau in the city ball. died Tues
day afternoon at his home. 1874 Park
avenue, of Bright's disease. after an III
ness Of two months MIR. Jones had
been In the employ Of the city for 30
years. always holding important posi-
tIons. For % years be served as head
OF the special assessment bureau.
Found Dead.
idtchheId. liz. Jan. 26.--Thomas