The record-union., 1899-06-02
OHIO VALLEY BIMETALL'STS.
PROCEEDINGS OF CONVENTION
AT LOUISVILLE.
Adopts q Resolution Favoring the
Nomination Of VIM. ]. Bryan
for the Presidency.

.Tarvi called the convention of the Ohio
Valley League of Bi-metallic Clubs to
order at 2:3O O'Clock to-day, after
which General E. F. Findley of Ohio
introduced the following resolution:
Resolved, That with view to taking
measures to thoroughly organize for the
campaign of 1900 committee be select
ed of which the President of this asso-
citation shall be a member.
That said committee be requested to
cooperate with the National Committee
in perfecting thorough organization
the States and Territories Of the United
States, the President of this associa-
tion to name the committee
The resolution was adopted, and Pres
ident Tarvin appointed the following
committee: John P. Altgeld, Illinois
George Fred Williams, Massachusetts; !;
w. ]. Overmeyer, Indiana; w. j. Sc
monin, Kentucky; Allen w. Clark, In
diana. President Tarvin is a member
by virtue of the resolution.
Hon. P. w. Harvey, candidate for
Governor, was next introduced, and ad-
dressed the convention upon the money
question.
The first speaker on the program for
the afternoon was the Hon. P Watt
Hardin of Mercer County. The speaker
lost no time in getting down to a dis
cussion OF the financial question. He
said that wherever money circulated
there were bound to be some existing
evils, either directly or indirectly re-
sulting from a nations financial sys-
tenn and their too frequent mismanage-
ment.
Hon. Henry Warrum of Indiana open
ed the speaking at the night session.
He paid his respects to the administra-
ton, saying that Mckinley was in
odium throughout the land
The routine business was then taken
up. Judge James p. Tarvin was re-
elected President
The Committee on Resolutions sub
mitted their report, which was adopted
Whereas, Our faith in bi-metallism
is indicated by events. The necessity
for the restoration of the double stand
ard was acknowledged by the President
and Congress in 1897, when a commit
tee was sent to France to entreat other
nations to establish bi-metallism and
the failure of the committee to secure
friends of free coinage in their belief
that reIief can only come by the inde-
pendent action of the United States.
The present ratio of 16 to l is the only
ratio at which bi-metallism can be re-
stored, and opposition to it is confined
to those who oppose bi-metallism at
any ratio and to those who r1isappre-
hend or ignore the reasons which led
three national conventions 10 adopt it.
Ihat Wherever paper money needs to
be issued in this country to
supplement a gold and silver currency
should be issued directly by the Gov
ernment Of the United States without
the intervention of any bank or corpor-
alton whatever.
Second-We favor and recommend
the adoption by the Democratic ma
tlonal convention in 1900 of the Chicago
Platform of 1896 without change.
Third-We especially favor and rec
ommend the adoption by the Demo-
cratic national convention of 1900 of
the financial plank in the Chicago plat
form of 1896 without any change.
Fourth-We believe that the trust is
the result, in large measure. of the
methods that have been used. among
which is the demonstration of silver.
by which the volume of currency has
been kept below the demands of brsi-
ness. We favor the destruction of the
result as we'll as the removal of the
causes. The establishment of independ-
ent bi-metallism at 16 to | would do
more to cripple or to destroy the organ
lzation of the trusts than any other sin
gle act. We favor and recommend.
therefore. the adoption by the Demo-
Grafton national convention of 1900 of
an appropriate and specific declaration
against the organization and existence
OF the trust and a promise of legislative
and executive action tending to their
determination
Fifth-We hereby express our con-
tinued confidence in William J. Bryan,
and favor his nomination. for the Presi-
dency of the United States in 19OO"
with glowing eulogy President Tar
vim then introduced George Fred Will
Jams, who was given the most enthu-
siastic reception of the evening.
Too many people overlook their own