The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-08-06

service. representing the United States as
minister to Sweden and Norway. Thirty
eight years ago he was engaged In active
long since left that profession and took up
the law. He has not practiced law. how
ever. for several years
w. A. Brown, a well-known attorney, OF
New Castle. and one of the many active
Republicans of Henry county. was at the
Columbia Club yesterday. stopping in the
city on his way home from outing at
northern resort Mr. Brown says that
Henry county will be for the reelection of
e. P. Thayer, of Greenfield, as district
chairman and he ventured the prediction
that Mr.. Thayer will have no opposition
when the convention is held.
Il am inclined to believe that the candl-
dacy of Charles r. Unthank, of Richmond
for the craftsmanship will not stand the
wear and tear of a vigorous campaign,
said Mr.. Brown, land that his name will
not go before the district convention
Thayer has been the right man in the right
place and he will be kept there through at
least one more campaign
Mr.. Brown says that the Republicans or
Henry county are not concerned over the
reported threats of Greenfield county Re-
publicans that the latter will not support
Henry county men in the State convention
unless they are permitted to name the sem
by the two counties.
This is the first time Henry and Han
cock county have been together in the SEN
atorial district" he said. land there is no
reason why Henry county should not have
the senator for the first term. Hancock
may have the naming OF the candidate next
time, If a rotation plan is agreed upon.
Senator A. ID. Ogborn is a candidate for
denomination and / believe Charles S.
Hernly is also q candidate, but Henry
county will not have two candidates before
the convention"
r. E. Breed, of Marion, the business as
sociate of G.. A. Shideler. was at the Column
bia Club last evening. He says Mr.. Shid-
eler is back from Atlantic City and is at
work again on his business and political
affairs.
T r. Crump of the City of Mexico, Mex
leo, is in the city to attend the photogra-
piers convention and incidentally to look
after a business deal, the nature OF which
is being kept secret for the present. He
is interested in a Photographic supply es-
tablishment, which explains his interest
in the convention, but his largest interest
| is in the United States Banking Company.
of the City of Mexico, of which he is pres
ident.
1.-The chief question of interest in Mexico
at present" said Mr.. Crump last evening
at the Denison, lies in the movement to
secure a standard dollar of fixed value to
displace the fluctuating unit OF the MeXi-
lieve that this will be accomplished within
the coming year. In fact, it has been prom
Used that we shall have a dollar of fixed
value by Jan. !, but If We get it by July l
of next year we shall be we'll satisfied.
ITO place Mexico upon a stable financial
basis has proved complicated problem.
fully as complicated as the solution is de-
sirable, and that is saying great deal.
1t is considered impractical Die to make an
abrupt change from a silver to gold stand
ard for many reasons, the chief of which
four-fifths of Mexicos 100000 people are
of the laboring class. Many Of them work
for daily wages ranging from IS to 90 cents
were made they would demand 80 TO 81
cents per day in gold, which would prove a
severe blow to the present rapid develop
ment of the country by foreign capital.
Rather than a change from silver to gold
as the monetary basis happy medium is
We do not care If the dollar is worth 1Ot
cents or Is cents, just so its value is fixed
and stable. The present value of the Mex
lean dollar is about 40 cents-or 1t was yes
terday, have not seen tO-days quotations
but il is subject to such fluctuations that
all sorts of commercial transactions made
in silver where cash Is not paid have all 81
futures. Only a few months ago the rate
of exchange changed from $3.50 silver for
81 gold to $2.S5 for 81 within four or five
days, difference of 30 points. That shows
more clearly than anything else the need
of a fixed unit.
THE United States in spending a COM
mission to Mexico to investigate the none
tary problem with a purpose Of suggesting
the relief sought, took a step that is appre-
ciated by our people, and we feel that the
| assistance will prove of value, although we
| have learned nothing as yet as to what the
commission has decided upon. The commits
| sion is now in Europe, / believe, and the
Mexican minister of finance is also there. y
Mr.. Crump was formerly resident OF
Louisville, but he went to Mexico twenty
| years ago.
| Quincy A. Myers, of Logansport. was here
yesterday as the attorney of the new In
dianapolis. Logansport g. Chicago Railroad
| that is seeking an entrance to the city. He
| says he is paying little attention to politics
at present, and is ''all wrapped up" in the
| railroad project.
A special to the Journal from Blooming
| ton says:
"For several weeks quiet effort has been
in progress among Democrats to get Judge
| G. l.. Reinhard, dean of the Law School and
| vice president of Indiana University, tC
| consent to accept the Democratic nomina-
question Judge Reinhard indicated to-day
| very plainly that he would not accept such
| a nomination, and said:
My ambition is to get along nicely with
| the very pleasant work in which / am now
engaged. 1 am out of politics i'm the sense
/ of seeking or desiring Office. While / take
the same interest in political affairs, yet
at the age of sixty, and nicely located as
| am, / am very well satisfied and contented
Although 1t is not the thing to decline q
position not offered, l can say / am not 9
| candidate for any Office