St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-11-09

TO visit the principal countries in Europe,
there to ascertain the present opinions and
purposes of their governments touching
fixed ratio between gold and silver and their
unrestricted coinage and collateral use as
money in domestic circulation and interna-
tional exchange. The inclosed copy of the
instructions given to Mr.. Marble will possess
YOU of the objects of his mission and the
manner and of the aid which you and the
other ministers of the United States, to
whom Il like instruction is addressed, will be
expected to assist him. AS it is difficult to
oyerStaIe
THE IMPORTANCE
of the question and momentous consequences
to the American people which are involved
in its solution, the necessity for accurate and
full knowledge of all the facts and of the real
intentions and attitude of the leading powers
OF Europe, and in regard thereto becomes
apparent. / trust, therefore, that not later
than the 1st of November next, with the as
sistance of Mr. Marbles labors, you will en-
able the president to lay before congress in
formation, coupled with proper suggestions
which may make practicable such legislation
as meet the grave emergency. l need not
impress upon you the necessity OF reucence
as to Mr. Marbles functions. You VIII nat
uraly regard this instruction for the present
as personal, withholding it from the files of
the legation until the proper time arrives for
making of record. l am, sir, your obedlent
servant, T. F. BAYARD.
Mr. Marble has spent the last four or five
months in personal conferences with the
principal members and the finance ministers
of the governments OF London, Paris and
Berlin and in consultations with the
leading economists and monetary experts
of the three great powers OF Europe, IN
Guiding all the principal bimetalliSts and
also the foremost leaders Of the opposition
i Of fcltnh oh
acter. especially with leaders of govern
ment and party. are of course confidential,
unless it is desired to create difficulty like
that which lately arose between Lord Gran
vile and Prince Bismarck concerning the
alleged advice of the latter on the occupa-
ton of Egypt. But the state department
permits it to be known that Mr.. Marbles
private letters to Mr.. Bayard and the presi-
dent have recOunted his discussion respect
inc an international bimetallic union, held
with an extraordinary number OF persons
in those countries of the highest compe-
tency in this regard by their political rank
and influence, or by their
EXPERT KNOWLEDGE.
For example, of the opposition leaders in
Great Britain Mr.. Gladstone, Mr.. Childers,
the late chancellor of the eXchequer, Mr..
Goschen, the eminent economist and states
man who was in 1876 the chairman of the
house of commons committee on the depre-
citation of silver, and in 1878 the chief dele
gate of Great Britain to the international
monetary conference at Paris; Earl Spen-
Ger, the late lord lieutenant of Ireland;
Lord Roseberry, Lord Sherbrooke, who
as Robert Lowe was formerly chan
cellor of exchequer under Gladstone; j. K.
Cross, the late parliamentary under secre-
tary of state for India; Sir Mr.. Harcourt,
John Bright, etc., etc. Of the present
government, Lord Iddleslight, first lord OF
the treasury, who as Sir Stafford NOrthcote
was chancellor of the eXchequer under Lord
Beaconsfeld: Sir Michael Hicks-Beach, the
present chancellor of the eXchequer, whose
motion defeated the Gladstone government
in the house of commons last June; Robert
Griffin, formerly editor of the London
Economist and president of the Statistical
society, now at the head of the commercial
department of the board OF trade; OF other
welI-known men Mr.. John William Birch,
an eminent director of the Bank OF Eng
land, and Henry r. Greenfell, whose writ
ings with those of Henry Hicks-Gibbs have
chiefly upheld bimetallism in England, both
directors of the same bank; Prof. Henry
Sidgwick of Oxford, who defended the BIZ
metallic theory in his treatise of political
economy and was presiding officer OF his
section in the last British association meet
ing: Prof. j. E. ThOrold Rogers of Cam
bridge. Prof. David Mason of Edinburgh.
Prof. James Bryce of Oxford, NJ. P; Sam
uel Smith, who with S. Williamson repre-
sentS bimetalliSm in the
HOUSE OF COMMONS,
Mr.. Huxley, the president of the Royal
society: Mr.. Herbert Spencer, court min
lister, and Mr. Waddington, the German
and French ambassador in England, besides
numerous merchants, bankers and pub
licists. many of the latter having been
brought together from all parts of Europe
bv the fifty-years' jubilee of the Statistical
society held in London last June. OF
France and Germany, the leading public
men with whom Mr.. Marble conferred are
less well known here, but they include in
France Henri Cernushie, the recognized
and prominent leader of the bimetallistS.
not only of France, but of Great Britain
and all Europe, who was delegate to the
international monetary conference of 1881,
with Maguin, its presiding officer who is
now the president of the Bank of France;
Clavery and other experts in the depart
ments; Fadi Carnot the minister OF Finance.
and De Freycinct, the minister OF foreign
affairs. In Germany, besides the leading
bankers and bimetallistS. 5. Scharul, the
expert delegate of Germany to the confer
ence of 1881, and the author of we'll
known treatise of the ''most favored ma
tom clause of commercial treaties; Count
Herbert Bismarck, now secretary of state:
Won Burchard, the imperial finance min
ister; Won Scholtz is the Prussian finance
minister, and Won Dechard trusted finan-
4I,o, ahn &c. I1bn
is now and for many years has been the
governor g We of the Imperial Bank of Germany,
under whose skillful administration Ger
many passed through the great wars with
out resorting to deprecated paper money,
and by whose advice the sales of Germany's
silver was stopped in 1879, together with
MANY others, merchants, bankers, econ
omists and public men, of whom the first
and most important was the famous Prince
Chancellor Bismarck.
whitney Stops the Scheme.