Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-12-05
yILVER DOLLAR
HAS WARM FRIENDS
ne. Meeting Of Citizens Results
IN Action FavOring More
Coinage.
"a CIRCULATE RESOLUTION.
,, can for Action by Congress
To Increase the AMOUNT OF
silver Money.

Oh. result OF five hours Of de-
-,,srleed in by O large number n
- tber, win be action 70 bring
- congress the possibilities Of
ss a helm 20 the currency. but
49,. will be no silver convention In
80, nights meeting was In the
- ap informal Inner arranged
l". .se Commercial club by Fisher
-. al the suggestion OF 10 citi-
-, who in turn had been appointed
I. era commercial clubs board OF
.,.rpors The board, at a prelim-
Wv. meeting had decided that some-
.tl,g ought 60 be done. What Il
s,-Ti8 hi they were unable 20 decide.
"a nassad this quosti 1p 70 a CONF
s.it,ss OF 10. which tried for several
sorrs 10 find out and then appointed
sc1rmlttee Of three 90 prepare a plar
nj submit 10 to- the larger meeting
Of last night. ., ..-.,....
-. read and then financial experts
.,~bst were best Co do. a motion Of
,riisn II. King finally prevailing 70
%. sFort that ID would be too radical
u eau a convention, and that the
T,rg to do would be 70 appoint q
s-rmItteo Of nine 90 draft silver
,ssoluiI0n. OBJ De sent 20 congress- on
I. members. % mayors, governors
and commercial bodies IN every Sec
ton. -.-. ,.,.,,..,-,--,
Tsoso present were: John Dern.
wryar John S. Br3us ford. w. J.
usnoran president Of the Commercial
cirb. Thomas Ee4rns John Dern. @.
A Oulelev. G.. G.. Goodwin. David
Vetb 81. II. Walker. w. Mont Fer
ry George = Ames. Joel L. Priest,
I E. Doolv Frank NJ Wilson,
flames n MOyIe. Charles Crane. B.
Roberts j T.. Caine. Henry W.
Roberts. Orson II Hewlett r. y.
Miller. John II. McChrystal, ] r.
Nan Evsra william Nelson, G. II.
Love. John IT Johnson. 7. W. Hous-
ton Clarence Z Allen, Edward j..
colbun. w. II. King. w s. Mc-'
Corniok and W. r. snyder.
Letters were read, after the meet
Ing had been called 20 order by PRIEST.
Harcran. from Gov Cutler. Judge
W n. Dickson. a. c.. Ellis, and
Senator ". A. Clark, al fayoring che
advocating Of more silver coinage,
and expressing regrets at their in
ability 90 attend
Ths report Of the special commit
tee ives then submitted by Judge c..
G.. Goodwin. who with Thomas
Koams and John Dem had been
named 90 prepare Il. This report
reviewed the action Of the previous
meetings and Jhen named the plans
which had been subNltted. without
taxing a stand for OF against any Of
them.
Committees PLANS.
The themes discussed We're.
Cd A law extending the present re-
canaton Of arid lands and the issuing
and sale OF bonds for the same.
% A law 20 extend the privileges 20
nau0aal banks. In seasons Of depres-
sion o. the moving Of crops, or On oc-
casloas when unusual amounts OF
money are required. on such terms as
may De just. to increase their circula-
ton % any amount required to meet
The emergency, the government 10
guarantee the integrity OF such in
creased issues.
49, A law through which the gov
eminent would guarantee depositors in
-ali0rai banks against loss. The banks
10 pay for such insurance such
mounts 3s the experience OF insurance
,ompanies has demonstrated would be
usL
EXCHANGE FOR BONDS.
90 Whereas, some s3lO. 600. 900 in gov
mma1t iuterest-bearing bonds is now
|e1 mp Don private hands and unavala-
le ior use either as money or security
n money Now IN the Judgment of
ns committee Congress should at
ale pass law for permanent relief
nd present solution. making 10 incum-
'sli on the secretary OF the treasury
. eA.hdnse at par currency for bonds.
'u1 national repositories. national
aAks and individuals and that ma
iona. repositories and national banks
2 empowered and directed 10 exchange
.ih ,he Individual currency for ma
onal bonds upon demand. and that the
Auonll treasury the government de-
'!..Il's and National banks holding
lal ponds. upon the return Of the cur
lty. Win reasonable tax or inter-
NJ on sufficient notice. must return 10
lr individual. corporation or institu-
sucy
ana ln cases whore the national
.easlfy has not "a sufficient supply OF
l.ienoy on hand for exchange. the
a eA'naI treasurer. through the proper
uee's shall supply The national De-
.sl,'f.es and the national banks with
.aah uilIf and permit them 10 issue
agona' bank notes OF different dcnom-
'aHohs mp to The amount OF the Unite