New-York tribune., 1879-01-07

tahishinG bi-metallic system by common agreement
for al the world were obvious that IL scarcely
worth while TO argue the matter, while declined
also unnecessary any discussion the general merits
OF single or double standard Those who were advo-
cafes at the conference OF single gold standard and
opponents ~ hi mptausn IN any form were indeed
Vigorous and capabe thar ouv further deyelonmoni Of
tins aspect OF the question seemed scarcely needed On
the contrary unlnmOusly OF opinion that IL
was wise 10 place before the conference some consider
atlons which, in our judgment. might be adduced
AGAINST what may he called propaganda in favor %
single gold standard in countries where it has not yet
been IN reduced There appeared 10 ne TO be some dan
ger lest the natural opposition which the proposals OF
the United states called forth could be carried 10 the
extent OF an argument or declaration still further im
We considered that whilst universal double standard
was a CtOpan Impossbility, a single gold standard
throughout The world would be false Utopia, and that
further steps in thar direction mich tend 10 produce
calculahe deasier to the commerce OF the world.
While putting aside entirely the question Of the double
standard there another question which appeared 10
be practical and useful TO put viz: assuming that the
general double standard proposed by the United states
could not be adopted, what would be the future OF s
yer What would be the policy be pursued Towards
what ought the various states odrect their ehorisl
This ann we considered 10 ne 10 keep silver II the n"s
uon which II occupies al present the partner or nat
urai ally Of gold IN all part OF the world Wnere II
might be possible to do so We considered that cam
pagn undertaken against silver would be exceedingly
dangerous, even for the countries which have gwen
position as legalteuder only to gold.
1t is remarkable, but no less an evidence Of the
aagacity of English statesmen and political econo-
mists, that while they have been almost uuanl-
mously in favor of a single gold standard, and for
sixty years tried to convert other nations to 1t, they
are now just as strongly opposed 10 any further
changes IN the monetary systems of Europe or Amer
lea. The Editor Of The London Economist even goes
an argument to prove that the double standard
countries have sufficient gold enable them to con-
duct trade and that it is not therefore necessary
for them TO change their policy.
A THEME FOR THE POTTER COMMITTEE.
TIE WITNESSES WHO RETACTEp THEIR IEsTl-
MONY IN LOUISIANA PAID N MONEY AND OTHER
WISE FOR DOING so BY THE DEMOCRATS.
lBr TELEGRAPH TO The TRIBUSE.I
WAsmNGToN. Jan. G.-Repubhcan members Of
the Potter Committee have evidence at their COM
mand that will give the Democrats fine opportu-
nifty for extended explanations. 1t Is no less than
a charge made by a cousin of Nichols, who
was deputy sergeant-at-arms Of the stcnger SAB.
Committee, which visited New-Orlcans early
last Summer TO the effect that money was
raised and paid for a good deal Of the evidence
taken by the Democrats at that time. 1t viii be
remembered that a number of the witnesses who
had made aifidavIts of fraud and intimidation IN
connection with the Presidential election before
the Returning Board, appeared before Mr.. Stcngers
Committee ana denied their evidence before the
Returning Board. -. Martin saws these witnesses
were hunted up and paid in money for the testl-
mOny they gave. In some cases, however, they Ie-
ceived promises that if they would rctract their
former testimony they would be allowed to return
10 their homes from which they had been banIshed
on account of statements they had made before
the Returning Board. II. Martin further says that
he was instructed when he summoned witnesses
10 ascertain whether they would give testimony OF
value 10 the Democrats, and III case IT was
found they would not To report them 10 the com
mittee as found. The affidavit goes into details
and sets forth the Democratic dealings with ~,
Martin himself whom, they supposed they mad sue
cessfuly purchased