Evening star. [volume] (Washington, D.C.) 1854-1972, 1900-11-26
THE'MoNETARYC CONVENTION
HANNA SAYS THE LEAGUES oR&ANr.
EATON WILL BE MAINTAINED.
Business Confidence Preserved by the
Result of the Election-Pros-
perfty to Continue.

Mr.. H. H. Hanna chairman of the execu-
tive committee of the monetary convention.
was in the city yesterday. In speaking Of
the work Of that commission during the last
campaign and the result Of the election Mr..
Hanna said:
The overwhelming majority given to
President Mckinley at the polls on Mo-
vember is the best evidence that the pub
lie at large cordially Endorsed the course of
the administration on the question of sound
money and commercial prosperity The at
tempt Of Mr. Bryan to make expansion and
imperialism the leading issues Of the last
campaign was most dismal failure. espe-
cially in the west, where the bulk of senu-
ment was decidedly in favor of the course
pursued by the President.
Toward the end of the campaign the
issues narrowed down to an attempt on the
part Of the democratic candidate to stir up
discomfort among the working classes in
the east, and the question of free coinage
result showed that it is impossible IN this
country 10 array the working classes
against their employers"
In response to a question regarding the
Mr.. Hanna said:
THE legislation creating the present gold
standard while not perfect, was long step
In the right direction, and while 1t is true
the views OF all the members Of the con-
vention, we could not expect perfection at
the outset. We propose to maintain the
organization of the Sound Money League,
and we believe that there are still other
safeguards to be enacted. For this purpose
we propose to continue our bureau in
Washington and to wage an aggressive
campaign to obtain legislation which will
be still further in conformity with the
recommendations of the Sound Money
League"
Confidence in Business Circles.
Mr.. Hanna feels much elated over the re-
suit of the late election. and speaking of the
feeling among the business men, said:
"The result Of the election has created q
feeling Of security in all business circles,
and l Believe We are now entering upon q
period Of unexampled prosperity which will
be felt throughout the entire country. Con-
fldence is thoroughly restored, and after
all. it is confidence in the ability Of every
man to pay his debts that makes 1t posi-
BILE to have what is generally known as
good times. There Is no doubt that the
business interests of the country viewed
with alarm the possibility of renewal Of
the struggle on the currency question. and
for about three months immediate, preced-
Ing the election there was considerable I'M
rest exhibited by men who were involved
in large enterprises. 1t is also a fact that
for short time practically no orders
were placed. owing to the feeling of
uncertainty regarding the outcome OF the
election. However, since the result was so
pronouncedly favorable to the continuation
OF the conditions brought about by the
commercial prosperity which Immediately
followed the Inauguration OF Mr.. Mckinley
In 1897, orders have been pouring into fac
tories. mills, foundries and all other manu-
featuring establishments in such quantities
as to tax the utmost capacity Of these con-
Germs. l believe 1t to be fact that the
labo ring classes as well as the business
interests will experience during the next
four years an era Of prosperity unequaled
In the history of the United States.''