Eureka daily sentinel. [volume] (Eureka, Nev.) 1871-1887, 1879-09-19
rHE SILVER QUESTION.

The admission recently made TO Judge
Kelley, Of Pennsylvania, by Bismarck, that
Germany made q grave mistake in 1871 in
SO violently and positively demonetizing
silver, and the dispatches from the German
Cabinet to our State Department ON the
subject have given the friends Of bi-metal-
ism renewed hopes that something may be
done by such an international Congress
IS met and failed to accomplish its objects
last year. English financial writer's con-
tend that the German policy was very in
furious to the commercial and industrial
interests Of that empire. for two reasons /:
The Germans are not used to q gold cur
currency, and do not take kindly to 1t, and
the depreciation Of silver has made the
process Of characterization = very costly
one. BlAekwood's Magazine, in the cur
rent number, has q strong article favoring
the RECOMMENDATION Of silver by Great
Britain, in concert with other countries. in
order 70 save India from the effects Of the
disastrous crisis into which it has been
plunged by the sudden and violent changes
In the relative value Of gold and silver.
Great Britain began the war upon silver -
money. and sought to compel the CONNER
cial world to unite with it In reducing it
followed che lead Of Great Britain. and 30
did the Scandinavian kingdoms. while
France has practically ceased coming oliver.
'6urely." says the writer in B~lackwood,
'scur statssmen and economists ought to be
well content. Yet no sooner il what they
have 20 long preached being practiced than
they find that the British smpire suffers
more than any other country from the
change" Consequently. the feeling in
favor Of . return to bi-metalism has re-
ceived q new impulse in that country. and
the sabject Is being actively examined by
the English economists. Tie writer in
Blackwood condemns the British Govern
ment for its refusal to take an active part
In the international Silver Commission
proposed by the Congress Of the United
States. and which met In Paris q year ago.
II was due. a. much ~ anything. to the
apathy and passive resistance Of Great
Britain that the Silver Commission pro-
duced nothing besides . not very conclu-
sive report. The Blackwood writer regrets
this. because. Is be says. the question Of
the demonstration Of silver can only be
dealt with In this way and by such . Com
mission. adding that the sooner an
international Congress upon the silver
question Is renewed. with the concurrence
Of all the leading Governments. the better
1t will be. not merely for our Indian EN-
pire. but for the world at large" Secretary
Evarts has already made preparations for
procuring the meeting Of o new Interna-
tional Commission. and it may be assumed
~ pretty certain that the course Of Ger
many IN consenting to be represented in
such . Congress viii be initiated by Great
britain and France. These countries. with
the United States. can pretty nearly settle
the question. since Russia and Austria have
~demonetized silver. and the Nations
comprising the Latin Union usually follow
the lead Of France in currency matters.
THE Reno Gazette has the following
What does Nevada propose to do for Gen.
Grant? We suggest . grand picnic
from Truckss to Tahoe. and
Across the lake to Carson and vicinity. the
mines at Virginia. thence to Reno. and
from there to Pyramid Lake and wherever
elss the General would like to 60. II the
weather y pssssans this would bsa pro-
yramms worthy the great visitor.
Lyox CousTx TIxEs: Candidates for
'hs Uaitsd States Senate are looming up
lnits numsrsusly. Among those already
mentioned are xessrs. Sharon. woodburn,