Show SPEAKERS AIR VARIED VIEWS Spirited Discussion of Financial Situation by Local Busi Business B si siness ness Men MenNO MenNO CI CINO NO REACHED OPEN MEETING TO BE HELD NEXT WEDNESDAY For four hours and a half yesterday esterday afternoon representative business men who comprised the special committee to discuss the feasibility of asking the United States to resume the purchase of silver sliver In large as a relief for the present pr sent financial crisis suggest suggested ed plans of relief and argued them at their meeting in the Commercial club After all nIl of the discussion had taken place and the committee seemed as far from a solution as ever it was decided that a subcommittee consisting of John Dern Thomas Kearns and C C Goodwin be given power to formulate a plan of action after another meeting me next Wednesday evening at which rep representative representative representative men from all an over the state will be present One of the speakers y sug suggested suggested suggested that the number of correct solutions solutions solutions to the financial problems was lim urn limited limIted only to the names In the director directories ies lea of the country His statement was wag borne out by the fact that everyone on the committee had a different remedy to offer and every one apparently had as to the causes of the stringency The consensus of ot opinion however was that this Is the time to take some action to induce the government at atthe atthe atthe the next session of at congress to increase the purchase of ot silver each year as an economic measure and not as a restoration restoration restoration of bimetallism By this method the committee agreed the circulating medium would be Increased to a considerable con considerable considerable extent and a financial stringency stringency stringency gency such as the present one would be practically impossible Monetary System Defective There was much difference as to the causes of the flurry though It Ii I was practically agreed that one of the principal factors that made such a sit situation situation situation possible is a detect defect in the mone monc monetary monetary tary system of the country That this thi would be remedied In a large measure by the resumption of silver purchases purchase and the increase of the amount amo nt of sil silver silver silver ver coined was also accepted as a fact The contributory causes ca ses to the finan financial financial cial disturbance came In for a great deal of at discussion sion The policy had but few defenders and there were several open attacks made on him Former Senator Thomas Kearns made the statement that Roosevelt Isa the theorist theorist orist that he lie Is a menace to the vested Interests of ot the country and that he knows nothing of at the intricacies of the financial questions with which he has been attempting to cope Senator Kearns eulogized E H IL Har Harriman Harriman Harriman riman as aa the man who had opened up the great resources of the west est who had Improved every mile of track of ot his hiss system s tem giving to the country the best transportation facilities available He compared Roosevelt and Harriman and andin andIn andin in the comparison Roosevelt was a poor second Silver Sliver Congress C Suggested Judge E F Colborn talked at some length on the details of ot a plan to get the matter before congress as early as possible He suggested that a silver congress be held in Salt Lake on De Do December December cember 15 next at which there would be ten delegates from each of the sil states and that at this meeting a strong delegation be named to be sent to Washington to lobby for forthe forthe forthe the passage of some measure that would contemplate the Increased coin coln coinage coinage age of silver and the Increased purchase of silver from the west Senator Kearns suggested that the relief planned should be something af at affecting affecting not only the west vest but hut the en entire entire entire tire country He said raid that the eastern interests are suffering more than the west during the stringency and that if something were done It should contemplate contemplate contemplate plate the relief of the entire country Judge Colborn said that that was a matter for the financiers of the east to get together and determine upon after which representatives of both the east eastern eastern ern era and western interests might col collaborate collaborate on a measure to be put pul pu through congress that would be satisfactory and beneficial to the entire country Judge Goodwin recalled the days of ot 1893 and of the difficulties experienced by those who attempted to gain relief for or the situation He was In favor of something being done through congress but called caned attention to the difficulties that were in the way of ot accomplishing the desired end Open Meeting Called Another plan was suggested by Charles harles A Quigley In his opinion a a solution of the problem would be the thel Issuance l by the government of ot from to in reclamation bonds to be redeemed when the arid and semiarid lands of the west were reclaimed and nd sold Among the th other speakers at the meeting were Governor John C Cutler Culler John Dern Willard F Snyder and W WJ WJ WF J F Halloran Mr Halloran was chair chairman man nan of the meeting and Fisher Harris secretary The discussion was In Informal Informal formal ormal The committee of three appointed to formulate a plan of procedure looking to o a relief In the shortage of a circulating circulatIng ing ng medium was instructed to Invite to the he meeting to be held next Wednesday evening at 7 at the Commercial club lub representative citizens Including bankers business men lawyers and newspaper men from all parts of the state tate to consider more fully the proposition proposition and to get from these men their views on the situation |