Indianapolis Journal, Volume 48, Number 24, Indianapolis, Marion County, 24 January 1898 — Page 2
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fcnd a commission that has behind it the united approval of the commercial bodies :<n<l boards of trade of the country will be re< ognized and listened to by Congress.” The Board of Trade at once took up the subject and extended an invitation to the commercial organizations of Chicago, Bt. Louis, Cincinnati, Louisville. Cleveland, Columbus, Toledo. Kansas City, Detroit, Milwaukee, St; Paul. Dea Moines, Minneapolis. Grand Rapids. Peoria and Omaha to send three representatives from each organization to the conference to be held in Indianapolis Dec. 1, 1896. In the invitation sent out the purpose of the conference was explained thus: "In behalf of the policy and the purpose outlined by these resolutions, permit us to say that it is believed very earnestly that a nonpartisan committee or commission, composed of experts judiciously selected by a representative conference of business men, should be chosen at an early day: and that to this commission should be assigned the duty of preparing a plan which can be embodied in such legislation as will place our monetary system on a permanently sound basis. "The present grave juncture presents an opportune occasion to the business men of the- country to intervene in a business matter, as it is their duty, as well as they can, to aid in the solution of a matter which so intimately concerns the stability of business. "The commission to be ultimately selected must be of such attainments and charaeter as not only to allay all suspicion of any influence from class or sectional interest, but it must be of such fitness as to inspire the conlidenee in the mind of the fairminded citizen of the! Republic that its work will be done for the nermanent welfare of the whole Nation. "We have great confidence in the patriotism of the masses of the American people and believe that they will recognize the wisdom of looking to a commission of the character above described for the best solution of the questions involved, and that the people will await the results of the committee’s labor before committing themselves to any particular plan or scheme hastily or iir.maturely devised. "In view of the great character of the situation which confronts us, and the great importance of the work to be achieved by the committee to be appointed, it is obvious that each commercial body, in choosing its representatives to the proposed conference, should nominate men whose attainments, experience and character will satisfy the demands of the occasion.’’ THE CALL APPROVED. The Invitation was generally accepted, and while the representatives of the con ference differed widely in their views as to how the currency might best he reformed, they agreed readily to the suggestion that a general convention representing the active business interests of the country should be called to discuss the subject. The preliminary conference was wisely so managed as to avoid any discussion of currency plans, for the promoters of the movement understood full well that the movement might thus be very easily shipwrecked at the start. The discussion was therefore confined to the need of reform and the question of how best to accomplish whatever might be agreed upon as wise. The conference agreed to call a general convention to meet in Indianapolis on Jan. 12. 1897, and issued the following call: "The representatives of the Board of Trade, of the Chamber of Commerce and similar commercial bodies of the cities of Chicago, St. Louis. Cincinnati.' Milwaukee, Minneapolis. St. Paul, Louisville, Columbus, Cleveland, Toledo, Grand Rapids and Indianapolis, in conference assembled at the city of Indianapolis, on the Ist day of December, 1896, after due deliberation, do hereby call a nonpartisan convention to meet at. the city of Indianapolis, on the 13th day of January, 1897, to be composed of representative business men, chosen from boards of trade, chambers of commerce, commercial clubs or other similar commercial bodies, in cities of eight thousand or more inhabitants, according to the census of 1890, the basis of representation to be tabulated and in accordance with the population of said cities, for the purpose of considering and suggesting such legislation us may, in their judgment, be necessary to place the currency system of the country upon a sound and permanent basis. In behalf of this call, the conference submits that the necessity for such legislation exists is generally conceded by business men. “It is the right and the duty of the business men of the Nation, in a matter of such, vital business concern, to render to this cause all the aid which their experience and knowledge can afford. These owe it to themselves, as citizens of the Republic, and as a matter of business self-pres-ervation, to participate actively, and, w r e believe, efficiently in this movement. The business men have been accused of neglect of political duties. In ordinary times there may be some foundation for this charge, but at every critical juncture In the history of our country, when the Nation’s prosperity, honor or general welfare was seriously In danger they have, in the spirit of enlightened patriotism, rism to the full measure of their duty, and we believe that the painful experience of the country under the existing laws on the subject of the currency admonishes the business men that we have reached a point where it is their duty to take an active part in helping to solve the great questions involved. "And we have a right to believe that a convention composed of broad-minded and enlightened business men, so earnest in the pursuit of truth that party considerations will be forgptten. convening in the spirit of enlightened patriotism, can and will do much in helping forward a wise end sound solution of the currency question. "We are also justified, in the llgh : of the recent presidential election, in saying that the voters of the Nation are opposed to any plan of currency reform involving the use of any money which will place In jeopardy the honor or the credit of our country "Accepting these as conclusions from the recent manifestations of ymblic opinion, we cordially and earnestly invite your organization to choose and send with proper credentials of yOur representative business men to the proposed convention. Please appoint only those who will attend and report the names of your delegates as soon as practicable to H. H. Hanna, chairman of executive committee. Indianapolis, Ind.” The call was signed by a number of the leading business men of the central West representing the following commercial organizations: Cincinnati ('haml>er of Commerce, Chicago Board of Cleveland Chamber of Commerce. Colurr.aus Board o' Trade, Grand Rapids Board of Trade, Tn dianapolis Board of Trade, Indianapolis Commercial Club, Louisville Board of Trade. Milwaukee Chamber of Commerce, Minneapolis Board of Trade. St. Louis Merchants’ Exchange, St. Paul Chamber of Commerce and Toledo Produce Exchange. The conference also appointed a provisional executive committee composed of the following: H. H. Hanna. Indianapolis, chairman; M. E. Ingalls. Cincinnati; P. B. Weare, Chicago: J. G. W. Cowles, Cleveland; J. H. Oulhwaite, Columbus; W. H. Anderson. Grand Rapids; A. E. Willson, IjOuisville: F. H. Mddgoburg, Milwaukee; T. B. Walker, Minneapolis; E. O. Stannard, Si. Louis; E. V. Smalley, St. Paul; D. B. Smith. Toledo; ,J. C. Adam*. D. P. Erwin, John T. Bush, G. G. Tanner. E. B. Martln- , dale. Louis Hull xv eg and Herman Lieber, all of Indianapolis. During the month intervening between the preliminary conference and the assembling of the convention the provisional committee conducted an extremely active propaganda among the business Interests of the country, arousing interest in the movement and urging the commercial bodies throughout the United States to send delegates. The resources were uniformly enthusiastio and showed throughout the country a remarkably' widespread and active interest on the subject. A REMARKABLE CONVENTION.
The convention that assembled in response to this call was the most remarkable gathering of business men that the country has ever known. Among its delegates were the leaders in every line of business in the United States, and, though there were almost. as many different notions of what should be done as there were delegates, all had the common purpose of considering this subject seriously and solely with its relation to the best interests of the country, without regard to political influence or personal ambition. The hotly was composed of three hundred delegates from twentyeight States. The delegates came to the convention with widely divergent views as to what was the best method of going about the work. In a general way those differences followed, with numerous variations in detail, along three distinct lines. First, there was a general notion, of which M. E. Ingalls was the most prominent exponent, that tho convention should discuss and adept a plan of currency reform, which it should set before the country and urge upon the attention of Congress through a committee appointed by the convention. A majority of the delegates, when they first arrtVT-d, believed this to bo the purpose of the convention, and many of them brought with them more or less complete plans for currency reform to present to the convention, while numerous plans were sent to the executive committee by men who did not attend the convention. Another notion, known as the “Chicago idea,” was that the convention should in u measure point out the dangers of the existing currency system, or rather lack of system, and appeal to Congress to investigate the subject and report. The third notion, known as the "Indianapolis Men.” was the view' held by the originators of the movement that the convention should ■elect a commission, which should devote several months to investigation and study.
and report a plan; that the convention should then be reconvened and this plan submitted to it, and, if found worthy of support, the convention should adopt measures to urge the plan upon the attention of Congress and organize public opinion in support of it. The convention deliberated two days, and it became apparent very early that it would be impossible for so large a body of men in so short a time to agree upon a detailed plan for reform of the currency and banking system. The outcome was the harmonious combination of these three different lines of action. Instead of adopting a detailed plan the convention laid down a few very broad and very comprehensive principles of sound finance upon which a system of reform should be based. It decided to ask Congress at the extra session to pass a measure authorizing the formation of a commission, and. in case Congress failed to do this, the executive committee selected by the convention was authorized to select a commission and proceed with the work. The tion of reconvening the convention was made optional with the executive committee. WHAT THE CONVENTION DID. The convention began its sessions on Jan. 12. Ex-Governor E. O. Stanard, of St. Louis, Has made temporary chairman and Jacob W. Smith, of Indianapolis, temporary secretary. In the permanent organization C. Stuart Patterson, of Philadelphia, was made chairman, and Evans Woollen, of this city, secretary. The committee on resolutions, upon whom the real work of the committee largely devolved, was composed of the following gentlemen: H. C. Tompkins, Montgomery, Ala. L. H. Rommel, Little Rock, Ark. John P. Irish. Oakland. Cal. Joel A. tlperry, New' Haven, Conn. B. H. Warner, Washington, D. C. Rufus B. Bullock, Atlanta, Ga. Edwin A. Temple, Des Moines, la. Franklin MacVeigh, Chicago. 111. H. H. Hanna, Indianapolis, ind. Logan C. Murry, Louisville, Ky. Charles Libby, Portland, Me. John M. Nelson, Baltimore, Aid. Henry L. Higginson, Boston, Mass. N. A. Fletcher, Grand Rapids, Mich. W. B. Dean, St. Paul, Minn. George E. Leighton, St. Louis, Mo. C. W. Robinson. Meridian, Aliss. T. C. Power, Helena, Mont. Benjamin. Atha, Newark, N. J. William E. Dodge, New' York, N. Y. M. E. Ingalls, Cincinnati, O. John C. Bullitt, Philadelphia. Pa. J. C. Reynolds, Nashville, Tenn. Rowland Hazard, Providence, R. I. AI. L. Crawford. Dallas, Tex. S. W. Travers, Richmond, Va. F. H. Magdeburg, Milwaukee, Wis. The work of the committee was well described by Air. John C. Bullitt, of Philadelphia, who, in a brief speech supoorting the resolutions presented by the committee, said: "This is the first movement I have ever seen within my history in which the men of business, withdut reference to party affiliation, have come together on a matter of such moment and of such importance, and with such a determination to assert their rights and to call on their representatives in Congress to perform their duty to the business men of this country. * * * “Now let me say to you something about the report which has been made by the members of the eohference to W’hom it was deputed, the committee on resolutions; and, having been one of them, l can say this much with reference to their action: We met together, some twenty-five or thirty of us. We differed in our views. We conferred together, we consulted, we discussed, we differed; we finally adopted that which to us seemed to be the most judicious and most expedient method of carrying out the purpose. And because of this conference we all know', gentlemen, that the subject which you are dealing with, so far as remedy by congressional legislation is concerned. is almost the most complex and difficult problem that has ever been presented. You have nine different kinds of circulating medium. They are of different values. Some are legal tender and some are not: some can be used for reserve by hanks and some cannot; some can be used in one way and some in another. And recollect another thing: that whenever you begin to legislate upon the subject of your currency you are treading upon dangerous ground, for you must take care to avoid contraction, upon the one hand, and redundancy, upon the other. You need, therefore,’ to have the wisest, the most careful, the most thoughtful men that can be found in this country, to take up those questions; to call before them the ablest, the most experienced and the most learned men in the whole country to express their views; and only after weeks and months of study upon this subject, after they have fully saturated themselves with it and informed themselves as to all its bearings and all its relations, then, and then only, can they present a scheme which is worthy to be adopted by the Congress of the United States for the purpose of the reformation of the evils under which you are suffering. A COAIPREHENSIVE REPORT. “Therefore, it is that we report, as was embraced in the resolutions of Mr. Hanna, that in case Congress does not appoint a commission, then a commission of that class of men should be selected who should proceed to do this work, and should present a scheme for the people throughout the land, from one end to the other, to see and behold and express their opinion, in order that Congress might have before them an intelligent and comprehensive scheme upon which they ctiuld act and which would conduce to the end w'hieh we all believe to be so desirable.”
Resolutions reported by the committee proved such a happy combination of the various lines of thought that had appeared in the convention that they were adopted with enthusiasm and practical unanimity. The platform laid down was this: “This convention declares that it has become absolutely necessary that a consistent, straightforward and deliberately-planned monetary system shall be inaugurated, the fundamental basis of which should be: “First—That the present gold standard should be maintained. “Second—That steps should be taken to insure the ultimate retirement of all classes of United States notes by a gradual and steady process, and so as to avoid injurious contraction of the currency or disturbance of the business interests of the country; and that until such retirements provision should be made for a separation the revenue aAI note-L'sue departments of the treasure. “Third—That a banking system be provided which should furnish credit facilities to every portion of the country and a safe and elastic circulation, and especially with a view of securing such a distribution ot the loanable capital of the country as will tend to equalize the rates of interest in all parts thereof.” Those? who have since been actively engaged in the effort to devise a plan of tionul currency and banking reform have marveled greatly at the comprehensiveness of this platform. It contains within itself the features of nearly all the plans that have been submitted by financial experts and men of affairs. The platform was not the work of a few minutes, nor of one man. It. was the composite suggestion of a number of the best minds in the country, finally reduced to this shape after long hours of very earnest discussion by the committee on resolutions. The appointment of an executive committee to carry forward the work started by the convention was left to the president of the convention, C. Stuart Patterson. He exercised great care in the matter of selection. and ten days after the adjournment of the convention announced the following members of the committee: H. H. Hanna, Indianapolis, lnd., chairman. M. L. Crawford. Dallas, Tex. W. B. Dean, St. Paul, Minn. J. W. Fries, Salem, N. C. J. F. Hanson, Macon, Ga. C. C. Harrison. Philadelphia, Pa. Rowland Hazard, Peacedale. R. I. J. P. Irish. Oakland. Cal. H. H. Kohlsuat, Chicago. J. J. Mitchell. Chicago. A. E. Orr, New York. G. F. Peabody, New York. T. C. Power. Helena. Mont. K. O. Stanard, St. Louis. Mo. A. E. Willson. Louisville. Ky. This committee proceeded at once to Washington and conferred with the President, the secretary of the treasury and leading members of Congress. They found a general disposition to encourage the movement, but they also found many and great obstacles in the way. In the first place, the extra session of Congress was called with the avowed purpose of passing a tariff bill that would be protective in principle and afford sufficient revenue for the government. To this effort the whole energies of the administration and the Republican leaders in both houses were bent. They felt that to bring this subject up for discussion in Congress would very greatly endanger the fate of the tariff bill in the Senate. The administration and members of Congress thoroughly realized the fact that this question of currency reform was the most important and most difficult problem the government had undertaken to deal with since slavery days, and they were inclined to approach the subject with extreme caution. Neither the President, the members of the Cabinet, nor the potent leaders of Congress have at any period wavered in their intention to take this matter up courageously and intelligently, and they have at all times given to the executive committee, and later to the commission, every facility they could command toward the accomplishment of the work. THE PRESIDENTS ATTITUDE. After the tariff bill was out of the way, President McKinley’ expressed himself upon
THE TNDIANAPOLIS JOURNAL, MONDAY, JANUARY 24, 1893.
the subject in no uncertain terms in a special message sent to Congress on July 24. in which he said: “In my message convening Congress in extraordinary session 1 called attention to a single subject—that of providing revenue adequate to meet the reasonable and proper expenses of the government. I believed that to be the most pressing subject for settlement then. A bill to provide the necessary revenue for the government has already passed the House of Representatives and the Senate and awaits executive action. "Another subject of very great importance is that of the establishment of our currency and banking system upon a better basis, which 1 commented upon in my inaugural address in the following words: ’Our financial system needs some revision: our money is all good now, but its value must not be further threatened. It should be put upon an enduring basis, not subject to easy attack nor its stability to doubt or dispute. The several forms of paper offer a constant embarrassment to the government and imperil a safe balance in the treasury.’ “Xotning was settled more clearly at the late election than the determination on the part of the people to keep their currency stable in its value and equal to that of the most advanced nations of the w’orld. The soundness of our c irreney is now'here questioned. No loss can occur to its holders. It Is a system which should be simplified and strengthened, keeping our money just as good as it is now' w'ith less expense to the government and to the people. “The sentiment of the people is strongly in favor of early action by Congress in this direction, to revise our currency laws and remove them from partisan contention. A notable assembly of business men, with delegates from twenty-nine States and Territories, was held at Indianapolis in January of this year. The financial situation commanded their earnest attention, .and after a two days’ session they recommended to Congress the appointment of a monetary commission. I commend the report to the consideration of Congress. The authors of this report recommended a commission to make a thorough investigation of the monetary affairs and needs of this country in all relations and aspects, and to make proper suggestions as to the evils found to exist and the remedies therefor.” In response to this message Representative Stone, of Pennsylvania, introduced in the House a bill authorizing the President to appoint a monetary commission which should devote several months to investigation of the subject and report its findings to Congress at its next regular session. So general w r as the recognition of the value of such a commission that the House passed the measure without debate. The Senate, how’ever, does business more slowly, and there the bill was referred to the finance committee.
THE MONETARY COMMISSION. Its Disting'nished Personnel and tile Work It Accomplished. After the adjournment of the extra session the executive committee held a meeting in Chicago and another at Saratoga, two weeks later, devoting the time at both meetings to the careful selection of names for the monetary commission. In forming the commission the first purpose of the committee w'as to have it composed of men of such experience of affairs and such a high order of intelligence that they would be competent to deal with the great subject, men of such patriot, sm that their only purpose w'ould be the general welfare of the people, and men with no personal political ambitions that would influence their judgment. The next great object to be obtained was a proper geographical distribution of the membership, not with a view to obtaining support for the commission’-s work, but in order that the men might be suc-h as would of their own knowledge and experience thoroughly understand the needs of every section of the country, the habits of the people and the varying conditions of their agriculture, their commerce, their banking facilities and their means of transportation. The third object was to make the commission as nearly as possible representative of as many of the various lines of commercial activity as possible. Asa result of these labors a monetary commission was appointed that at once met the approval of thinking men all over the country. It was composed of leading men of the United States in their various professions and lines of business and one thoroughly representative of the various geographical divisions of the country. Its members were chosen from: Vermont, Missouri. Alabama, Minnesota, New York, North Carolina. California, Illinois, Pennsylvania and Indiana. It contained one famous statesman, one retired manufacturer, the president of one of the greatest railroad systems of the country, an ex-secre-,tary of the treasury, an iron manufacturer, a wholesale hardware merchant, a cotton manufacturer, a man whose life has been largely spent in practical experience with the mint, an eminent political economist, a lawyer of national repute and a financier of high standing. Four of the members are men of very modest means, while the others are meii accustomed to the control of large affairs. It is hardly accurate to classify them thus by assigning to each a particular line of business, for many of the members interested largely in various lines of industry and finance. It was by no means a bankers' commission, though many of the members have a thorough practical knowledge of banking and are directors in various financial institutions. Several of them, in addition to their other interests, are practical farmers. While many of the members have held positions of public trust, none of them entertains political ambitions that could interfere in anywise with his. judgment upon this subject. While the question of politics was not a material consideration in their selection it happens that six of the members are Republicans' and five of them are Democrats. The commission was composed of the following gentlemen: George F. Edmunds, Vermont, chairman. George E. Leighton, Alissouri, vice chairman. T. G. Bush, Alabama. W. B. Dean. Alinnesota, Charles S. Fairchild, New' Y'ork. Stuyvesant P'ish, New York. J. W. Fries, North Carolina. Louis A. Garnett. California. J. Laurence Laughlin, Illinois. G. Stuart Patterson, Pennsylvania, Robert S. Taylor. Indiana. Ex-Senator George PA Edmunds, of Vermont. was chosen as representative of the country at large. He has been for many years a leader at the bar and was considered the ablest lawyer in the United States Senate during his service there. He lias had a long public career, beginning when he was under thirty years of age as a member of the Vermont Legislature, in which he served for three years as speak- < r of the House. He was in the United States Senate from April, 1866, until his voluntary resignation on Oct. 31, 1891. Senator Edmunds played a leading part in the impeachment of Andrew Johnson, was a member of the electoral commission in 1876. and had a large share in the passage of the Pacific railwhy fund act. and was author of the act of Alarcb 22, 18S2, which substantially stamped out polygamy in Utah. The high character of Air. Edmunds and his freedom from association with the corrupt element in politics made him the candidat* of the Republicans of Massachusetts anu other Eastern States for President in the national party conventions of 1880 and 1884. It was the latter occasion that the delegates at large from New- York were so cleverly snatched from both the Blaine and Arthur factions by the skill of Theodore Roosevelt and other anti-Blaine leaders and secured for Air. Edmunds. Senator Edmunds was prominently identified with nearly all the great measures that passed the Senate during his long service in that body. T. G. Bush, of Alabama, is a fitting representative of the industrial energy of the new South. He was born in Pickinsville. Pickens county. Alabama, in 1847, and spent his childhood in the county. He entered the University of Alabama at the age of fourteen and remained there two years. In May, 1865, he was captured in Blakely, Ala., and held a prisoner at Ship island and in New Orleans until the surrender of Gen. Dick Taylor, when he was exchanged at Vicksburg, Aliss., and paroled at Meridian, Aliss. In October. 1865, he entered the University of Alississippi. At the end of two years he graduated in the same class with his brother, who was two years his senior, his brother taking first honors and he second. His school days ended, he entered into the cotton commission business with his father and brother in Alobile, withdrawing after four years from the firm, and establishing hitnself in the wholesale grocery business in Mobile in 1871. It 1886 he accepted the presidency of the Alobile & Birmingham Railroad Company, a position which he still retains. He was the first president of the present Alobile Chamber of Commerce, and served for several years. He also served for some time as president of the Planters’ and Merchants’ Fire Insurance Company of Alobile. In April, 18S0, he was elected president of the Shelby Iron Company, of Shelby. Ala., which position he still retains. Mr. Bush was a member of the Legislature of Alabama In 1886-87. and served as chairman of the ways and means committee. He also engaged In farming and stock raising, having a large farm near
Oxford, Ala., and within four miles of Anniston, on which he has large herds of thoroughbred Jersey cattle and Shetland ponies. He is a man of literary and artistic tastes and of high social standing in Alabama. W. B. Dean, of St. Paul, represents the gW*at commercial interests of the Northwest. He is a practical business man, who has become part and parcel of the development of his State and city. While he was born at Pittsburg. Pa., in 1838, he went to St. Paul at eighteen years of age, while Alinnesota was still a Territory. He held a position for a time in a store, but began business for himself in 1860, and has remained continuously in the same line in which he began—iron and hardware— gradually developing and expanding the business. He has held positions on the Water Board, the Board of Fire Commissioners and the School Board of St. Paul, and would have been tendered other political honors if he had not shown a preference for working in the ranks. He has become a shareholder in various banks and other business enterprises in recent years, and is a director in one of the leading banks and in the Minnesota, St. Paul & Sault Ste. Alarie Railway. Air. Dean accepted a position as an elector on the Republican national ticket in 1884, and has always been an active Republican. FAIRCHILD AND FISH. Charles S. Fairchild is thoroughly representative of the best thought in the country’s financial center—New York. He is one of the younger members of the commission, having been bom in New York State about fifty-five years ago. He is a Harvard man and enjoys a high social standing at home, aside from his ixrominence as a leader of the reform wing of the Democratic party. He held several state offices in New York, but spent some time in traveling abroad prior to ISSO, when he settled down to practice in New' York city. He was made assistant secretary of the treasury under Mr, Cleveland's first administration, and promoted to the head of the department on April 1, 1887. He was thoroughly in accord with the views of Air. Cleveland upon most financial questions, and during the divisions in the democratic party in New York after Air. Cleveland w'ent out of office he became the recognized leader of the Cleveland element. He was the head of the "anti-snap-per” delegation to the Democratic national convention of 1892, but acceded to the abandonment of the contest for seats by the anti-snappers when it appeared that harmony would be promoted by such action and that Mr. Cleveland was sure to win. Mr. Fairchild has been engaged for the past eight years in the banking business as the head cf a large trust company. He has given much attention to the financial problem and is a strong advocate of the retirement of the greenbacks and the substitution of a banking currency. Stuyvesant Fish, while credited to New' York, is in fact a representative of the great transportation and agricultural interests of the Mississippi valley. Although a member of an old' New' York family and still a resident of that State he has become largely identified with Western and Southern Interests through his position as president of the Illinois Central Railroad. He is the youngest member of the commission, having been born in New York city on June 24. 1851. He was educated at Columbia College and at the age of tw’enty entered the New' York office of the Illinois Central as a clerk. He became secretary to the president of the company in 1872, and in the autumn of that year became a. clerk to Morton, Bliss & Cos., at New York, and of Alorton. Rose & Cos., at London. In these positions he continued until 1875. For the succeeding two years he was managing clerk of Morton, Bliss <& Cos., holding their power of attorney. From 1876 to 1879 lie was a member of the New Y'ork Stock Exchange. He was elected director of the Illinois Central Railroad in 1876, and appointed as treasurer and agent for the purchasing committee of the New Orleans & Great Northern Railroad. In November, 1877, he was elected secretary of the Chicago, St. Louis & New Orleans Railroad, and in 1882 vice president of the same road. From January of the succeeding year to April of 1884 he was second vice president of the Illinois Central Railroad; from 1884 to 1887 vice president, and in May. 1887, he was elected president of the road, a position he now holds. The administration of Mr. Fish has been marked by an effort to identify the interests of employes and patrons of the road with that of the management. He has offered the men special facilities for becoming shareholders, so that they may feel that in serving the road faithfully they are adding to the value of their own property and promoting their pei'sonal interests. The plan has been wonderfully successful. The offer proved popular with the employes, and more than half of them are now financially interested in the success of the road. Mr. Fish has made the Illinois Central one of the peculiarly great institutions of the country, and he has done it by being much more than the president of the road in the ordinary sense of the term. His time is very largely spent upon the road or one of its various branches, and he has made a careful study of the habits of the people and the commercial conditions and needs of every sectftm of the Alississippi valley. Probably no other railroad manager in the country has brought his road into such close touch with the daily lives of the people upon whom it depends for business. FRIES. GARNETT. LEIGHTON.
J. W. Fries, of North Carolina, well represents the manufacturing and commercial interests of the Southern Atlantic States. He was born in Salem, N. C\, on Nov. 7, 1846, and has been a member of the firm 6f F. & H. Fries, w r ho do a large cotton and wool-manufacturing business and also conduct a flouring mill, Mr. Fries is president of the People’s National Bank of Winston and a director of the Wachovia Loan and Trust Company, of Winston. Hv has always declined to take an active part in politics, but has held some local offices connected with the development of the town and State. Mr. Fries was not a delegate to the Indianapolis convention w’hich originated the currency commission, and was somewhat taken by surprise when he w r as flrst put upon the executive committee and afterw’ards upon the commission itself. He has long been, however, an active reader of the great financial writers, as well as a student of practical finance, and his qualifications for a place on the commission were well known to the leaders of the movement in New Y'ork and Philadelphia, as well as in the South. Mr. Fries is a soundmoney Democrat, and his brother was one of the organizers of the Palmer and Bueker campaign in North Carolina. Louis A. Garnett was the generally expressed choice of the business men of the Pacific coast, where he is looked up to as an authority upon all matters of currency and banking. He is about sixty years old and is one of the best equipped of the members in respect to-, expert financial knowledge. He has been a steady supporter of the gold standard during tin many years he has spent on the coast. He organized the service of the San Francisco mint and spent many years as one of its officers. He then went abroad and spent several years in travel and the study of financial subjects. Returning to San Francisco, he organized the great reduction w’orks known as the Shelby smelter, with which he lias since been connected. He is the author of several of the coinage laws of the United States, and suggested the creation of the Mint Bureau at Washington by the mint act of Feb. 12, 1873. He made the suggestion to Dr. Lindemaann, who was then an employe of the Philadelphia mint, and who succeeded in carrying the project through Congress, and became one of the first directors of the mint. The mints of the country had previously been directed from Philadelphia. Mr. Garnett has been a frequent writer upon coinage and financial subjects, his articles in the Forum and other magazines having attracted wide attention and brought him a large correspondence. The commission has relied upon his technical skill in the framing of their recommendations regarding coinage, and he has submitted some painstaking and valuable reports. Colonel George E. Leighton represents the great Southw’est on the commission and is vice chairman of the same. He is an Eastern man by origin, having been born in Massachusetts in 1825, but was educated in Cincinnati, and has lived in St. Louis since his tweqty-third year. He entered upon the legal profession there in 1858, but renounced his private interests upon the outbreak of the w’ar and served with distinction on the Union side under Halleck, Curtis, Schofield and Bragg. He rose through successive grades, in spite of his youth, to the position of colonel of a Missouri regiment. Tie returned to St. Louis after the war and resumed the practice of his profession. Flo was general counsel for the Missouri Pacific and other railways until 1873, w’hen he retired from active practice to engage in business pursuits. He has since been engaged in manufacturing, hanking and other important enterprises. Colonel Leighton has written and published a number of addresses and papers upon economic, historical and municipal subjects, is president of the Missouri Historical Society and a member of the St. Louis Academy of Science and the American Economic Association. He was for four years president of the Commercial Club of St. Louis. He has always declined to accept important political offices, but has been for the past ten years a representative leader of the soundmoney sentiment In St. Louis. He began the organization of this sentiment as early as 1835, and made a speech at the Transmissouri Congress in 1894 in opposition to the free coinage of silver, which attracted much attention and was distributed to the number of about 150.000 copies. LAUGHLIN, PATTERSON. TAYLOR, Professor James Laurence Laughlin, of Chicago, is a representative of the economic theorists of the country, rather than any section. Asa w’riter on economics and cur-
rcncy problems he stands in the front ranks. He was born in Ohio on April 2. 1850, is the second youngest member of the Monetary Commission. He graduated at Harvard with high honors and served there for several years as instructor in political economy. Professor Laughlin was compelled by ill health to relinquish his position at Harvard In 187S, and spent a few years in business enterprises, being connected with the Philadelphia Manufacturers’ Mutual Fire Insurance Company, one of the "factory mutuals” which have been made so famous by Edward Atkinson, of Boston. He visited San Domingo while seeking the recovery of his health, and a few years later was invited by the government there to put their financial system upon a sound footing. He prepared a plan which accomplished what was desired by linking the silver currency to the gold standard through redemption in gold at the banks and the receipt of silver for custom-house dues. He was called to Chicago in 18S2 to take the principal chair of political economy, which position he still occupies. Professor Laughlin has written a number of important economic works, among those which have attracted the most attention being his edition of John Stuart Mill’s "Principles of Political Economy." and his “History of Bimetallism in the United States.” Mr. Laughlin took strong ground in the latter work in favor of the gold standard, and thereby made himself the butt of the foolish questions put in the mouths of soundmoney bodies by the author of Coin's "Financial School.” Professor Laughlin's edition of Mill was something more than a mere reprint of the text. He discussed all the leading questions raised by the brilliant English author in elaborate notes, and endeavored to bring his political economy down to date by amplifying subjects imperfectly developed and adding results of modern industrial development and economic thought. C. Stuart Patterson, of Philadelphia, represents in a large measure the conservative interests of the great financial institutions of the East. He was born in the Quaker City on June 21, 1842, and has held prominent positions there during ail of his mature life. He graduated from the University of Pennsylvania in 1860, and served with distinction in the First Philadelphia Battery during the civil war. He was wounded in action July 1, 186'!. He was admitted "to the Philadelphia bar at the close of the war and remained for many years in active practice. He became professor of constitutional law in the University of Pennsylvania in 1887, which position he still fills. He was elected president of the Western Savings Fund Society of Philadelphia in 1893, which has deposits of nearly $11,000,000 and thirty thousand depositors. He has been for the past two years one of the directors of the Pennsylvania Railroad. Mr. Patterson has long given close study to financial subjects and was the permanent chairman of the Indianapolis monetary convention which authorized the creation of the present commission. He was elected president of the Union League in 1896, and still holds that position. He is a Republican in politics and has for many years taken an active part as a speaker in political campaigns. He was especially active last year on behalf of President McKinley and the maintenance of a sound currency. Robert S. Taylor, of Fort Wayne, lnd., is a lawyer of national repute, a farmer of practical ability and a thinker who has devoted much time and a strong intellect to ,the problem of harmonizing the interests of labor and capital. No better representative of the people of the Central West could have been chosen. He w r as born in Chillicothe. 0., May 22. 1838, but has been a resident of the State of Indiana from childhood, and of the city of Fort Wayne since 1859. He has served two terms on the bench and one in the Legislature of Indiana, w'here he was a recognized leader. He w r as appointed a member of the Mississippi River Commission by President Garfield in 1881, and has held that position ever since, being now second in seniority of service in that body. Judge Taylor is a Republican in politics and lias on several occasions consented to carry the banner of the party when lie was confident that a hostile political majority would prevent his election. He was the Republican candidate for Congress in 1874—the year of the first great Democratic tidal w'ave after the war—but he reversed the current in his district and reduced the usual Democratic majority of 6.000 to 1.600. He was again persuaded to accept the Republican nomination in 1880. and was beaten by only 770 votes. Judge Taylor has always avoided taking part in internal strifes within the party, but he has been ready to speak and contribute to secure its success at the polls. He was prominently mentioned as a compromise candidate for United States senator when Senator Fairbanks was elected, but did not make any serious effort to control the Republican caucus. THE COMMISSION AT WORK.
The commission began its session at the Arlington Hotel, in Washington, on Sept. 22, organizing by selecting Senator Edmunds as president, Colonel Leighton as vice president, Jules Guthridge as general secretary, and L. Carroll Root and H. Parker Willis as assistants to the commission. The commission, divided itself into the following committees: On Metallic Currency C. Stuart Patterson, of Pennsylvania: Louis A. Garnett, of California; J. Laurence Laughlin, of Illinois. Oil Demand Obligations of the Government—Robert S. Taylor, of Indiana; Stuyvesant Fish, of New York; J. W. Fries, of North Carolina; George F. Edmunds, of Vermont. On the Banking System—Charles S. Fairchild, of New York; T. G. Bush, of Alabama; W. B. Dean, of Minnesota; George E. Leighton, of Missouri. Through these committees (he commission went about its work systematically and most diligently. The fact that the members were thoroughly informed on the various phases of the question before they w r ere chosen did not prevent them from making further study and giving careful attention to the thousands of suggestions that poured in upon the commission from various parts of the country. All these suggestions were classified and presented in convenient shape by the clerical force and referred to the proper committees. At the beginning of the work the executive committee extended a very general invitation through the press of the country to the people to forward their views and suggestions, and this invitation met with a very general response. Thus the people participated in the discussion more directly than they have in the formulation of any other public measure in the history of the Republic. In addition to this the commission sent out a list of interrogatories to financial experts, writers on economic subjects and men of large affairs and financial experience all over the country. The replies to these interrogatories were very general. Probably not more thin twenty of the men to whom they were addressed failed to respond with carefully prepared replies, and very many of them submitted fully worked-out plans of currency reform. This is regarded as somewhat remarkable, in view of the fact that all of these men have imperative and continuous demands upon their time that make it extremely valuable. The commission found that in a general way there was very little difference of opoinion among the people as to the general lines upon which a reform of the currency should be made. While differing in details, they almost invariably followed the lines suggested in the platform of the Indianapolis convention. The commission devoted almost three months’ time to the work, and every line of the report that it finally prepared was the result of earnest and thoughtful discussion in the commission. The result of this work speaks for itself. The plan submitted by the commission is generally regarded throughout the world as the simplest, the most comprehensive and the most intelligent scheme of currency and banking that the world has known, admirably fitted to the large extent of territory and widely diversified industries and commercial conditions of the United States. It is safe, elastic, automatic in the regulation of its volume, and is calculated to make money as easy to get on safe security in an agricultural community as in a great center of population. Can a. Woman Be President i The Pen Magazine (Indianapolis.) The ambition of a Kentucky woman to become President of the United States brings to the front the question of woman s ability and also the duties of the office of chief executive. I have personally known, in my day, quite a number of American women of great ability who, in business, in home affairs and in professional life, have demonstrated, at least to my satisfaction, that any one of them was equal to the full discharge of the duties of President. As to the legitimate labors connected with the presidential office, it needs but to be stated that they never shortened the days of any of those who held it. Abraham Lincoln's labors did not kill him. Athur died early because he lived high. Mr. Garfield never labored hard at anything except in trying to string together or deliver a speech. The elder Harrison died from an overdose of corn beef and cabbage, not from overwork. Polk and Johnson and Washington were never the worse from "the wear and tear” inseparable from the office. The fact Is that signing bills, writing pardons and doing the bidding of politicians in making appointments or in looking wise while listening to “Cabinet wisdom.” including the great labor of drawing their salaries, comprise the arduous duties which, it is averred, will kill the ablest women on short notice. It is worthy of note that Mr. Cleveland still lives; that ho lost no flesh while in the office; that he never missed a meal while in the White House; and that, even in view of w'hat the taxpayers were taught to believe as a crisis in the affairs of the government, he always found time to go duck shooting. TO Cl BE \ (Oil) l\ ONE DAY Take Laxative Promo Quinine Tablets. All druggists refund money If it falls to cure. tic. The cenuine has L>. B. Q. on each tablet.
RETURN'OF TOD SLOAN * AY IYDIAYA JOCKEY WHO MADE BRITISHERS OBEY THEIR EYES. lle* Discusses His Hucing anti Other Experiences Abroad, and Say* He Is Glad to Get Back. NEW YORK, Jan. 23.—Tod Sloan, of Kokomo, lnd., the jockey who was so successful last year on the English turf, and who arrived on the steamer Campania yesterday, says he is glad to get back to America. He is so enthusiastic over getting home again that for the last three nights of his voyage he says that he did not have an hour's sleep, and when the Campania reached her dock yesterday morning he was the first of her passengers to trip down the gang plank. Instead of the fifty trunks that some people had been led to believe he would have with him, filled with dress suits, Prince Alberts, cutaways. top coats, Trelawneys, parti-colored waistcoats, flaring trousers, gloves, hats, boots and all the multitudinous habiliments of a "Jubile Juggins,” this modest, unassuming, democratic little fellow had exactly two trunks and two hand bags, and a large part of the space in them was taken up with gifts he brought home for his friends and relatives. The Tod Sloan that landed from the Campania yesterday was the same unaffected youngster that went away only a few months ago to show his English cousins the skill of American riders. He succeeded in everything he attempted, but he made not a particle of a fool of himself, and if there really was a marked result of his trip abroad it was that he became more unassuming and democratic than ever before. He will not break with the Fleischmanns, his American employers; he will not ride for the Prince of Wales, and lie still believes this country the greatest in all the world, whether for a diminutive jockey or a little gentleman, and he is a good deal of both. He will remain in this city for a week or so. Then he will make a trip West and South.
Into a period of three months this little ninety-five-pound man—“ James Tod Sloan,” as his visiting card describes him—has condensed more experience and sensation than many a man gets in a lifetime. He has been hissed and hooted, cheered and praised by the emotional race-course crowd. He has gambled at Monaco, flirted with the temptations of gay Paris, consorted with “noble dooks and markisses,” his hands were nearly blown off twice and columns of newspaper notices have been given to him on both sides of the Atlantic. But from it all he has come back full of well-digested ideas of transatlantic racing and with a clear conscience of doing his duty by those who have been his patrons in the past in this country before he seeks new' worlds to conquer. Much of what he has done and said already has been printed, but the narrative he has to tell is still full of interest, even apart from his own interesting personality. In regard to his future movements Sloan said: “I have never asked the Fleischmanns for a release from my contract to ride for them during the coming season. I do not intend to do so. It was largely through what I said that the iate Mr. Charles Fleisehmann and his son, Mr. Julius, who is the present head of the firm, determined to stay in racing after last season. They even asked iny advice about a trainer. Under no circumstances should I feel justified in asking for a release. I have made some arrangements about riding in England in the future, but they are merely verbal. I have signed no contract. The understanding is that if I go to England for the season of 1899 the stable of Mr. Pierre Lori Hard and Lord William Beresford will have first call on my services, and the same arrangement would have held good had I gone over this season. I have also made an arrangement about a second call, but I do not care to state who the owner is.” “Is there any foundation for the cabled report, which was also published in the London papers, that you wero to ride for the Prince of Wales?” “None whatever. The report w'us entirely due to the fact that Lord Marcus Beresford, w’ho has entire control of the prince’s horses, is a brother of Lord William, for w hem I was riding. I was in that way brought into contact with Lord Marcus, but there was no talk of an engagement. I rode one horse for the prince, but w’as not lucky enough to meet him. He was obliged to go away the day I rode and did not attend racing again the rest of the season.” The actual figures of Sloan’s performances in England are remarkable. Not getting there till Jate in October, he rode in fifty-eight races, of w'hich he won twenty. He was second nine times, third six times, so that in all tie was unplaced only twentythree times. In this connection it must be remembered that all the surroundings were novel to him and that he was invariably riding over strange courses. In actual fact, he rode at twelve different race courses and won one or more race at each. “What were the conditions you found in England?” Sloan was asked. “Well,” he answered, "in the first place they race on the grass, which is in many ways better than our dirt tracks. There is none of the dust and dirt so common here. You can ride half a dozen races there without being obliged to wash your face. Yet, the tracks there will get so heavy after a storm that a jockey will get as much mud on him as he would here.” “How do the American and English Jockeys compare?” “The English jockeys are all finished riders. They ride differently from what they do here. Over there the jockeys roll their horses right in. They stt up straight, and well back. “When I appeared on the tracks everybody laughed at me. I was well forward, in my usual position, and there they thought it was funny. They said 1 looked like a monkey, perched up where I was. It was new to them and they could not understand it.” “Do you mean,” Sloan was asked, “that the English jockeys, taking them all together, are better than American jockeys?’’ “I would not like to say that,” the little fellow' protested. “The jockeys over there are all finished riders.” His listeners were at liberty to draw their own inference from the reply. “The style of riding is so different over there,” he went on, “that I’m not certain a fair comparison can be made. No horse can run as fast in England as here. The atmosphere is so heavy over there that it uses a horse up more to run there. An American horse with a good record will be much slower on the mile. Why, we think nothing of running a horse in thirty or forty races here duriijg a season. Yet if they run a horse six. seven or eight races in a season they think the horse has done a good season’s work. “Our horses are bigger and quicker than theirs, but the English horses have more endurance. The horses there are smaller and lighter than the American horses. I don’t suppose there is an English horse on the turf as big as St. Cloud. If MeCafferty should take his horses over to the other side, as I have heard he intends to do, they will be looked upon over there as truck horses because of their size.” “What was the best track you rode on there?” one of the listeners was anxious to know. “Ne wmarket. I got over then, late in tin season and did not visit all of them. I rode on a number of their best tracks, and 1 fancied Newmarket more than the others.” “Did yon change your style of riding any?” “Not a hit.” sai l Sloan, with a grin. ”1 just rode in the same old way. I got away well at the start. They did not understand that. They don’t jump in the start, tis we do. At the flag they just scamper away. “But what I liked best there,” he said, in conclusion, “was the people I met. They’re a fine lot of people over there. I have never met better.” After the racing season in England Sloan W’ent to the continent. He stayed eigTit days in Monte Carlo, and he played every night. He was the smallest, but at the same time the most notable person around the table. He was a beginner at most of the games, but he came out with flying colors. I started in with (rente et quarante,” lie said, “and it was the first time 1 had ever seen the game. There was an Englishman with me, and he undertook to show me how It was played. I was a little bit doubtful about it, but l thought I might as well take a chance. 1 learned all about it. it cost me S3OO, and I concluded I had better try something else. “After that l played nothing but rouletteI had a little system which I had learned out in California, and 1 worked it all the time while I was in Monte Carlo. People say you cannot win on a system, but I did. I kept no track of my w innings each night, but at the end of my stay a! Monte Carlo 1 had won back the S3OO 1 had lost at trente et quarante. paid all my hotel expenses and 1 had SS.iXo besides. Not such
a bad winning, was it. for a man who had never seen the place before?” The little American jockey bad three weeks in Paris. “It s great.’ was ail tlio comment he would make to-day. Sloan will remain in this city a week or ten days. His racing employer. Mr. Julius Fleisehmann. is here, and some of ‘.lie horses which Sloan will ride during the coming season are in winter quarters at Millstown, N. J. Sloan will go down and look them over. THE PRINCE *OF WALES A WOMAN'S BIOGRAPHY OF ".’HE HEIR TO THE BRITISH THROVE- * Incidents of lII* Visit to AmerioiL din and Egypt Related and the ® wc “ curat Sonudai Story ltetol^* ♦ ‘ Correspondence of the Associated Tress'* ,* LONDON, Jan! 15.—The desire of th® English people to know all the detrfUs-of the official and private life of their rowal family will be partially appeased by the publication in London this week of the first complete biography of the Prince of Wales. Singularly enough, no complete record of the remarkably active and diversified career of the heir to the throne has been given to the world before. Attempts in this direction have been discouraged by the subject himself, and the present book furnishes, internal evidences that it was not compiled under the royal sanction, for, while it breathes the spirit of the courtier rather than of the critic, it records such episodes as the fatuous baccarat trial, which the prince would probably bo willing the public should forget. Two quotations from its references to royalty will, however, give the keynote of this spirit. Concerning the prince the writer says: “He is familiar with an almost bewildering variety of subjects, and possesses a wonderful faculty for almost instinctively grasping the important features and the really essential points of any matter under discussion.” An estimate of the Duke of Clarence in connection with his career at Trinity College, Cambridge, illustrates hofy qualities which would commonly pass current as weaknesses assume the shape of virtues viewed through friendly spectacles. “He had not,” It is said of the duke, “nor was it desirable that he should have, the specialized intellect which wins university prizes and scholarships, but he displayed in a marked degree that peculiarly royal quality of recognizing intellect in others.” i The authorship of the new book is concealed from the public, but the Associated Press learns that it is the work of a journalist, well known in London, Mary Belloc (Mrs. Lowndes, formerly on Mr. Stead's paper.) It will be issued in the United States next month by Appleton. In pictoral embellishments it is particularly rich, containing no less than eighteen portraits of the Prince of Wales alone, and many other likenesses of him in company with other members of the royal family. The prince is illustrated from infancy to the present day. There is the prince in shooting clothes as sportsman, the Prince as yachtsman, in a rakish cap, the prince as admiral, the prince in fancy costume for the Devonshire ball, in knickerbockers with the garter on his leg, on horseback in his capacity as colonel of the Tenth Hussars and in various other uniforms and ordinary clothes. Most of the historical chapters of the. book deal with matters already published. In describing the tour of the prince through America in his youth it reveals the interesting fact that before he was launched on his journey his father, the Prince Consort, supplied him with memoranda to be used in replying to the addresses which would be made to him during his progress. It explains that “the best proof of ttio Prince Consort’s wisdom is to be found in the fact that every one of those notes afterwards turned out to be simply invaluable owing to the peculiar aptness with which they had been framed to suit the circumstances of each locality where an address was likely to be received.” An incident is related of a hunting trip which the royal party made to Dwight, HI. When the prince and his retinue approached a farmhouse the farmer, who was a Briton, invited every one to enter, except the Duke of Newcastle. “Not you, Newcastle,” he shouted. “I have been a tenant of yours, and have sworn that you shall never set a foot on my land.” So the prince passed on. The Southern slaveholders attempted in lure the prince into the South to exhibit to him the better side of slavery, but, the biographer avers, he was not impressed by the slave cities, and flatly refused to leave his carriage to visit the negro quarters at Haxhall’s plantation.
A great part of the work describes in detail the onerous public formalities which have constituted the life of the heir apparent—the cornerstone layings, monument unveilings, dedications and tours to India and Egypt, to Ireland and other parts of the kingdom. The royal progress through India In 1875, it appears, cost the government about $1,000,C00, but by way of compensation presents were received by the prince from Indian potentates which aggregated in value $1,250,000. For one trip on the Nile the boat w hich carried the prince’s suite was stocked with, "among other commodities,” 3,000 bottles of champagne, 2,000 of soda, 4,000 of claret and ample supplies of other drinkables. It is pointed out as an evidence of the great personal popularity of the prince that all the politicians, who advised the people to ignore his presence in Ireland in 1885, insisted on abstinence from any display of personal hostility. The married life of the Prince and Princess of Wales is pictured as ideal. Their surroundings at Sandringham and Marlborough are described with minute details which will delight persons who have an appetite for this sort of small beer. Tha prince’s private library at the former residence is litted with the furnishings from the cabin of the Serapis, aboard which he voyaged to India. All the finishings are in dark blue or green leather, stamped with the prince’s monogram. His literary tastes, judged by his book shelves, tend toward Ehglish history. Many shelves are devoted to documents on India, in which he is greatly Interested, with a great array of volumes about the mutiny, as well as a complete collection of literature on the Crimean war and of colonial histories. There is a whole room full of cigar cases and smoking paraphernalia, some of them works of art, which have been presented, while the tobacco itself is stored in a special room kept at even temperature through the year. A stock of the prince's special tobacco is kept also at the Marlborough Club, the Jockey Club at Newmarket, at the Royal Yacht Squadron’s clubhouse and on board all the royal yachts. The Emperor of Austria and the Czar of Russia send each Christmas a box of cigars. Dinner for Governor Griggs. TRENTON, N. J., Jan. 23.—Governor Griggs, in honor of his selection as attorney general of the United States, will be complimented by a dinner given by the members of hfs personal staff and state officials at the Waldorf-Astoria, New York, on either Feb. 19 or 26. United States Senators Sewell and Smith and the New Jersey congressmen will be invited guests. Governor Griggs on the occasion will receive a costly silver service. The executive will resign as soon as he is confirmed as attorney general, and Senator Voorhees will become acting Governor. /~\ NATIONAL pffjL Tube Works IBfeljl Wrougbt-lroa Pipe lor Gas, Hu fH Steam and Water. Holler Tubes, Oast ami Malle. Ejj’gfett' l , JL able Iron Fittings f blaek and ■Si'sfrjL. galvanized). Valves. Stop mm<t r K,, K ine Trimming. TANARUS; NlMiu Gauges. Pipe Tongs, lU! w J •!*? Vtaen, Screw Hh ■853 Plate* and Die#, Wrenches, P ■! Cl 2i'i Steam Traps, Pumps. Kit<n- ' KU f® Sinks. Hose. Belting. |{at>1 Y " bit Metal. Solder. White uud jkffi isr i Colored Wiping Waste, and H Ba a* l other Supplies used m M pq connection with Has. Steam IP and Water. Natural lias SJ id Supplies a specialty. Steam--1 ' heating Apparatus for Pub> h p Buildings. Store-rooms, Mills,Shops,Factories, l.aunv s dries. Lumber Dry-Houses, £ j etc. Cut and Thread to or. n,* J her any situ Wrought-lron gjdf IM I’lpe, from % inch to 1$ ' v i inches diameter. H KHIGHT & JiLLSOH, w g. SX.
