Morning journal and courier., 1885-11-09
THE Bl-METALLIC STANDARD.

THE Bl-METALLIC STANDARD.
 Manton Marbles visit to Europe
 in the Interest of a Union With the Leading Powers.
 WASHINGTON, Nov. S-Mr. Manton Mar
 ble, who returned from Europe few days
 ago, has reported in person to Secretary Bay
 ard and President Cleveland the results of his confidential mission there, in which he has
 been employed since last May. The charac
 ter and purpose of Mir. Marbles important mission now first made public, and which are fully stated in the following letter of in structions from Secretary Bayard to MT.
 Marble and his circular letter to Minister
 Mclean, shows, it is said in administration circles, that the President whatever the views expressed in his silver letter written at Albany before his term of office began, or those which he may hereafter set forth in his first message to Congress, promptly accepted the duty imposed upon him by the existing laws of Congress requiring renewed endeav- or to promote bi-metallic union with the leading nations of Europe.
 DEPARTMENT OF STATE,
 WASHINGTON, May 13, 1885.
 Manton Marble, Esq, New York:
 Sir-The President has had in review the
 several successive acts of the Congress of the United States from March,
 1876, to July, 1884, which au-
 thorizing the silver commission of 1876 TT, the
 international monetary conference at Paris of
 ApIil-July, 1881, and also negotiation with
 foreign governments under the acts of June
 21, 1879, and August 7, 1882, and the contin- ance of the same under the act of July 2, 1884, have sought to prepare for, promote and obtain the adoption of "a common ratio between gold and silver for the purpose of establishing internationally the use of bi- metallic money and securing hxity of value between those metals"
 In compliance with the uniform purpose indicated in these various acts of Congress in furtherance of their object and in execution of the policy they prescribe to the executive, I am directed by the President who recognizes your especial competency in prac- tical monetary and economic services, to re- quest that you proceed to Europe at the ear Hest date which shall suit your convenience and by personal conference with the expert advisers and statesmen of the principal gov ernments of Europe and in injunction with the ministers representing the United States near those governments, particularly with our ministers to Great Britain, France and Germany, to whom ysu will be duly accred- tied, to whom copies of this instruction will be confdentially transmitted and who will be directed to facilitate the object in view by every meauS III ILolr pOWtf-Uy pcISOudl conferences with representatives of those governments duly authorized in this behalf, that you assist the ministers of the United States to ascertain the present opin- ions and purposes of those governments in respect to such establishment internation- ally of fixed relative value between the two metals. one ratio of weight between coins of gold and coins of silver, the free coinage of both metals of the hints of all and the international use of both metals as money of unlimited legal tender.
 Your service to the government in this special confidential mission will begin at once and will end on or before the reassem-
 bling of Congress in December next. am, sir, your obedient servant,
 T. F. BAYARD.
 The following letter was also sent to Min ister McLaTe:
 DEPARTMENT OF STATE, WASHINGTON, May IA, 1885. Robert M. McLane, Esq.,, Paris:
 Sir-Mr Manton Marble has been chosen by the President as the confidential agent of the government of the United States to visit the principal countries of Europe, there to
 poses of their governments touching 8 fixed rate between gold and sil- yer and their unrestricted coinage and collateral use as money in domestic circula- tion and international exchange. The en- closed copy of the instructions given to MT. Marble will possess you of the objects of his mission and the manner and extent of the aid which you and other ministers of the United States to whom like instruction is addressed will be expected to assist him. As it is difficult to overstate the l importance of the question, and the
 momentous consequences to the American people which are involved in it's solution, the necessity for accurate and full knowl- edge of all the facts and of the real in- tentions and attitude of the leading powers
 of Europe in regard thereto becomes appar- ent. trust therefore that not later than November 1 next, with the as- | sistanee of Mr. Marbles labors, you will enable the President to lay before Congress information coupled with proper suggestion which may make practica- ble such legislation as will meet the grave emergency. Ineed not impress upon you the necessity of reticence as to MT. Marbles func-
 tions. You will naturally regard this instruc- tion for the present as personal, withholding
 it from the files of the legation until the proper time arrives for making it of record. am, sir, your obedient servant,
 | T. F. BAYARD. ] Mr. Marble has spent the last four or five