The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-18
THE INTERNATIONAL COIN CoNGREss.
Pr0ba biIItles That Ali Civilized Nations
VIII be Represented There.
New York GrBphio.l


WASHINGTON, June t1.-OfflGial and semi
official information received here indicates
that the vast importance of the Forthcoming
International Money Congress Is becoming
understood In countries far beyond the limits
to which the act Of Congress formally confines
the invitations. Not only are the South
American States and Mexico interested In the
matter, but Chinese and Japanese statesmen
have made known that they regarded the APP
preaching congress with an intelligent inter-
est, and regretted that their countries we're not
to be invited to take part in its deliberations.
They are, indeed, deeply interested, as is also
British India. These countries have been
| for centuries the great consumers Of
silver coin. The immense production Of
the Mexican and South American mines as
well as that Of the other silVer-yielding eoun4
| tries, has been unable to glut the insatiabIe
demand OF the East; and silver coin has
| flowed into Asia as steadily as the waters Of
the Mississippi flow into the Gulf OF Mexico.
| England has direct and vital interest in
view Of her position as an ASiatiC power In
this question OF the formal and universal de-
termination OF the relative value OF gold and
silver, and 80 has Russia. Now Russia has
already accepted the invitation to send d
representative to the congress, but England
and Germany have not. 1t Is believed that
they both will soon see the advisabiIity of
| Joining the congress, and there are Indications
that when the congress meets Ii will be-
| found to comprise representatives from
every European nation. The governments of
| France, Italy, Russia, Hungary, Holland.
| Switzerland and Greece have accepted the In.
vtations. When the congress assemblies II
can, and very probably will, invite the repre-
sentatiVes Of the Eastern nations and Of South
America to participate in their deliberations
Each OF these nations has a representative
now In Paris, and no merely formal matter of
etiquette need stand in the way OF their ae-
cepting this invitation. Then we should see,
| for the first time, q truly international con-
gress, representing every civilized country In
The world and assembled for the purpose Of
establishing q uniform standard of value
| throughout the world; purpose which, IL
accomplished, would be followed by inestirn rna-
| BILE and perpetual benefits to humanity.
| In an interview to-day Secretary Eyarts
expressed great qualification that the invita-
| tion Of the United States to the European
nations for an international monetary con-
ference had been SO generally accepted. Ac-
| ceDtance is expected from Austria and Bel
glum. The English Cabinet Is divided as to
what that country should do, but Secretary
| EvaTts expects that they will decide favorably
before long. The acceptauces from France
and Italy came by telegraph within an hour
OF each other. Secretary Evarts says that it
is not true as published that the silver con-
gress will hold It's session at Berne. No place
has yet been decided upon, but the probabiIt-
| ties are In favor OF Paris.