, 1881-03-15
MONETARY CONFERENCE.
A Go1Altc ytnSy4

Nfp FORK irtbunF.
Ex-2pcretnry Evnrts and c1- -Stnntors Thurman
nnd Howe have boom appointed TO represent tho
United States IN tho international Monetary
Conference. While It Is possible TINT tho CONF
mission might hntu bcrn even stronger, had tho
President selected, ll place nf ono OF the Eet,tc-
men from political lite, Ronic bunker 0r busl-
ucss-mnn Of practicni experience IN dcnllng
with monetary questions. tho delegates named
will doubtless represent tho wishes OF this
country with Hrcnt abity. It nppenrs from
English kilograms TINT tint british Ministry
rniscs m objection to tho form Of tho III
vltntion. It III thnught to Imply that all
who participate Will he committed III advnhce
10 MI effort to "restoro tho double stand
nrl,"--whntcvcr that mny mean. Apmlr-
ontIy f. suits tho british Ministry for the mo-
1ncnt to he quito In tho dark us to tho aims Of
},nncs mud tho GnAet States. IN cM!i.ng this
Conference. Hut negotiation will doubtless
open tho door Of invitation wide cnnuqh to ntl-
nit Grcat HrItain, without my direct or Inn
plr'l commitment, Othor Powers, It IS undcr-
ssooll. will be fully represented -
Why Is this Epnfcrrree to TIC l1cl'}2 1!rfctsy,
bccmuse Frunro aud En4Innd Joined hnnds. fur
rutlcnl and not for financial rcnsons. to mnke
tho Inst Conference u future. because, afHcc
1Elt time Frl!ncD bus bern forced 10 defend IT.
self By virtunl Abandonment or silver tott1HRe.
and nevertheless hHs seen Its Enld rcsrrro cut
down nrnrIy oilc-haIf III less thnn yrnr. ilo-
] nsters % hnvr @ aroused t HritIsn ' mercnan,s r aMt
l,unkets to tho consequences Of cnntsnl.nE thu
traas WI, ini,a ltpo% % ihe I,t If.s9t 3'1' ms' h M M
upUn bnsts ut .Guld alonu, Inns Xtcn It's gold
reseryo cut .iown Within tho l,Hst SIX months t0
has saved, Eurpp"an lsutfots Fruln. fur Ercntgr
dlsturbAtscs slHu thy h4yu yet witnessed ox-
s,e lin IN tnrnin9 % Into ~ Useless coi,s ."a ma IL ck-
ut lts prM,ct IF silver. Iind Tho United Stutcs
Huarcuursl silver c0lhnKu moro thhn Il ytIr AKti.
VA tho NtIlest EuWpcun 1!l1utu3lEtA urHrt GrGnt
I1ritntt wnull hhre brcn tho first tu cItlt fur IL
new Conference to ho'' that 'lat'on out Of its
What runson has tho United States to snova In
the i!1.tter5 .. Ihu condition Of r iore9n trads
gold Tor f.'ud ~ long And us lnrgely IN wish.
II i hGd been ucs!rG,! By II cnpahe Guvcrnnrut
woul,l haro sct Fl 10 more us silver b,tlllOI.
iea,, obesd 10 pay so Tor it tilt s,iso. nstsa,I
Of llsinsits evident p,wcr to force International
sttentIon !" the sIvSr prle owcSGt 1s
must SERIOUS Consequences Of tic position,
Courerencr in, isis unlurttedly ,nis coGl.
try ,n ,nasInx piled Yn y " fl ~ : IIrsnanry y witil1
cotfnua Tho tic Snoratio% fr some ] te' is s' d,
end 1,,t,st come eopnce Or later. anA then tho
hroaktnK Of tho DIM will nlakn tho l'othl more
disastrous tn NIL commercial nations. IN kind.
Hess rathor tllun Tor citlntcrcst or of nectss.-
ty. tho United stntos seeks to scs tho snosl.'tary
by III ,.Gfetmeut between tho nations chiefly ln-
tGrcBtCC.
Tho npppal Of tho Manchester merchants to
tho british Ministry IL Int anu of 1,asy sI9Iss
that tho commercial interests of thut etrntry
FreKnrd the s!tuaton i With a,'x!sty. II Gsto9et
Tho isank Of Germany held bit *is,i0o.is
*, * ox se aceIaoap HI aps;esa x5s.o y i, a II sud fGa ID
shipments u this country Indicate tsut most ul
shs ts Ss1 SsnS wAs nus nfoy nyy " iS s;fs % . ss @
EHl hold by tho anK Dr Ft.I.ct, felI 10 silssai,.
f57 Fob 1e, anu Tho absorptlon Of .'a III tho III.
lt,r's contained. on tho *tth OF Fcruary. nnly
sat,GGsIa In Eotd. Regent !ugH~ pnrchaeus III
4tMlGrican securities hnvu Atrthtiy Htnrte,i nov
proachnp scasn Ut navigation ii likely 10 ia.
crrase very rapidly the tnlMncn pnyahlG to thlH
country ~ go,d on Mvschanatseneeount. W!,h
lations mlat 10 still further dspleto,l durln9 tic
ii, IN a,itiitiou. thu United status proposes tc
ssas it, sepsrasn S.'snaHs O! st!ysg MM,s foss!x.
huEilrn. what docs It meHn? 1t 5ncnns thAt 1n
III pay Ovrr +. juvoO per ,ut,Nth tn thls cpusl.r,
~ guild, besides III! &lAe ha!anees INV paymhie
The silver prmIuce.l here would thon he ssltI It
Europe ut some price. Tnnt aolnG tcnpurar,
decline In price ls evident, but It wuul aouf
peaev. Tho tr,tu "hjccl Of tho cnn,uTonr
ought to hu 10 avert this disturbance by Il fraul
s!ntulHcMt Of tho position anu p1rpslse Of thi
United statcs; Like rFancc. tho Unlte,l stnse
Will eu0n Lc uhVnd to stop tho etlnAHo 1T MI
Str Until tho Western nAtlUns ean ngrt'e upon
cnln,hon basls nf artinn. II thnt Eart IL piainI,
and fnrclbIy stuffed, tireHt britain vii! hnriiJ
t'lkc the responsibility ana tNCO tho risk OF peU
venting Hettlt!icHl.
u ClrcuttouA Route.