Show GOLOBUGS IN SESSION + Sound Money League Discusses the Silver Movement + NOT YET DEAD BUr DYING GOLD FOPCES wU41 CONflflTE TO SPEND MONEY 4 J Steillng Mortons Wing of the Republican PArty Felicitates Itself It-self Over the Election of a Gold Standard CongressReports From Colorado and Wyoming + Nev York March 28The central council of the National Sound Money I League consisting of the vice presidents presi-dents of tile league met today in this I cIty reelected the officers of the league listened to reports of fPcers and exchanged vies as to the vitality of the silver movement The western men reported that the free coinage agitation agi-tation vas declinIng but by no means dead and there was general concur I rence in the view of Secretary Gage I expressed in a letter that it will be I wise for the sound money forces to hold themselves in line to oppose any fresh attack of the kind whIch was so successfully resisted in the fall of 1896 Some of tile delegates poInted out that though free silver had been defeated de-feated the currency system had not beenperfe The work of the league ill continue J Sterling Morton of Nebraska City presided General Sec I retary E V Smalley wfls at once called upon for his report It was in part as follows In presenting to the governing body of tills league my report on the opera tidne df the past year I desire first to congratulate the members of the central cen-tral council and of the executive committee com-mittee on the very encouraging results that have been accomplished In combating I com-bating the dangerous free Jlver delusion delu-sion and in spreadIng sound ideas of national finance The formidable I movement for opening the mint to the free coinage of silver at the obsolete I ratio of 16 to 1 wIth gold has been I steadily declining since its defeat at I the presidential election of 1896 The state clections of last fall showed enormous I I enor-mous changes an this question in the states where the movement for lowering lower-ing the money standard had been most active and successful I The states of Oregon Washington California oming South Dakota Nebraska and Kansas were captured by the sound money forces and changes were effected in the political complexion of the legislatures of those and other states which giv the control of the United States senate fool at least six years to come to the opponents of all forms of cheap money legIslation and of all schemes for the repudiation of public or private debts The new Gongress is for the gold standard in both its branches and the evident impossibility of securing any legislation to make silver instead of gold the standard money metal has produced a new discouragement that has resulted in fresh desertions from I the silver ranks Only a few politicIans who committed themselves so fully tOo the cheap silver dollar delusion In 1896 that there is no line of retreat open to them now insist upon the readoption of the Chicago platform by the national nation-al Democratic convention of 1900 The masses of voters who gave an enthusiastic support to the ChiCagO platform only three years ago now show no interest in the silver question and only in the south is there at present pres-ent any demand in the pUblic press that it be revived as a leading issue in I the next presidential campaign The I present indications are that if there is any mention of the free coinale of silver sil-ver in the next DemocratIc national platform there will be nothIng said about the ratio of 16 to I and the question will be made secondary to new I issues that are mw taking shape in the public mind The report by A B Hepburn of New York was next read 111 Hepburn stated that the receipts of the league during last year had been 12300 and the expenses 4300 The expenditures had been for tIle diRiernIpation of literature lit-erature This distribution would be continued he said when lt was warranted war-ranted by the political situation 1 E Inga1s of Cincinnati said that he believed that the league ought to make its attitude understood throughout through-out the United States With a vIew to this he offered a resolution pledging the league to favor the Immediate adoption of legislation fixing 25 S10 grains of gold as the standard dollar the establishment estab-lishment of a separate bureau of issue and redemption in the treasury department depart-ment in which should be held not for current expenses of the government a sufficient amount of gold to cover the redemption on demand of all obligations obliga-tions of the government the issue of all government paper in denomination of HO and multiples of ten and that all smaller notes should be silver certiti cates and that banks should be required I re-quired to redeem their notes in golt at their counters This resolution aroused considerable dIscussion Congressman Fowleu of New Jersey proxy for JohnKean of New Jercey advocated ad-vocated the appointment y the hair of a committee to prepare a short succinct suc-cinct declaration of the league and report re-port thereon later This was carried and a committee of three comp sed of Edward Atkins of Boston E H Wells of North Dakota and A n Hepburn of New York was appointd to report later WESTERN GOLDBLGS 11 Rogers of Colorado and Senator Carey of Wyoming addressed the dele g3Jtion upon the condition in their states 111 Rogers said that in Cob rado the people are beginnin to ash whether after all the goll tanlar1 is not better than the ilvr Another phenomenon is the fact that the sHyer mines in the last two years have turned into gold mines He believed that the time was not far distant Wh ci Colorado h would abandon aU forms of Populism and give up the 16 to 1 issu i He lid not believe the change wlJld be home dlate Senator Carey in speaking of the conditions in Wyoming said that In the coal mining camps and hl hi1 v4ate generally there was a great jntcrest in the money question He spoke of his experiments in three coal districts his efforts to explain the financial situation situa-tion and the excellEnt restilw He te lieved Wyoming was to be a gold state The best place for good work hoeEr was in Colorado for the influence of that commonwealth was wide in the far west President J S Morton endorsed the sentiments of the two previous speakers speak-ers but added that every species of di5Conternt was found under the head of 16 to 1 He called attention to the great opposition to trusts which all took refuge ref-uge under the free silver movement All the disorders and discontented people in the west he believed had organized under Bryan and his success In the west was owing to that fact Mr Har veys daily income he had been told was 800 which showed that free oil vers friends were getting to work All the present officeholders were reelected re-elected as follows G Sterling Morton of Nebraska president A B Hepbum New York treasuier C L Hutchinson of Illinois azeoclated treasurer and E V Smalley of Minnesota general secretary 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