Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1886-01-08
WASHINGTON NEWS.
Correspondence Transmitted to the Sen.
ate in Regard to the Esfah!;sssaent of
international Rates Between Gold asd
Silver-A Democratic Clerk Dismissed
from Service.
WASHINGTON. Ian Z

The President. today, in answer to the
Senate resolution. transmitted copies of doc
| uments showing the action taken bv him to
/ ascertain the sentiments of foreign govern
ments in regard TO the establishment of inter-
national rates between gold and silver. The
correspondence is accompanied by a letter
| from Secretary Bayard to the President in
which he says;
at has been the object of this department
and its agents, whilst knowing our readiness
to cooperate. not so much to impress our own
opinions and wishes upon others. As to oh
tain well considered and independent view $
from the most influential. responsible and
competent sources, in order to lay before
Congress, rirst, the actual status of metallic
currencies in the respective European coun-
tries, and secondly, the intentions and poll
cies OF those governments in relation to the
subject, with details of their action up 10 the
present time. The correspondence includes
letters from the ministers of the United
States to Great Britain, France and Germany,
summarizing the true condition of the opin-
ion and intention of the governments and
people to whom they have been severallv
accredited No separate report by Mr. Mar.
Bile, special envoy, has been made, because
the results of his Investigations appear fully
in the letters of M.ssrs Phelps, McLane and
Pendleton.
Under date of London, Oct. 20, 1885. Min
lister Phelps gives the result of conference.
by himself and Mr.. Marble with leading men,
bers OF Her MaJesty's government and says
From these as well as other sources | am
satisfied that the British government will in
tiexibly adhere to the past and present policy
IN respect to coinage. That they will not de-
part from gold standard now so long estab-
lished and that they will not become party
to any international arrangement or union
for the creation of bimetallic standard at
commission ratio between gold and silver
for the purpose of making both unlimited
legal tender or adopt such double standard in
Great Britain. On this point, both political
parties quite concur and | believe if either
were to attempt To introduce such departure
from existing money standard it would be
driven out by torce of public opinion.
McLaln at Paris expresses his opinion that
while France would gladly receive intelli-
gence that the United States would adopt the
French ratio of l54 of silver to of gold, no
consideration of future consequences could
induce her to adopt the American ratio of l6
to l ; still less would she adopt any higher
ratio to assimllate the present commercial or
market value of silver with gold nor would
she consent at any ratio now to permit the
unrestricted or even limited coinage of silver
at her mlnts
Minister Pendleton gave his conclusions
briefly as follows: 1.-The adhesion of Ger
many to the international bi-metallc union,
such as proposed by the United States and
France in 1881, can scarcely be expected, it
seems to me within any limit of time now to
be predictei. The cooperation of Germany
in such union may be sought with fair hopes
of success whenever it becomes possible to
innluIn in a Tn
the former of which seems to cling tenacious
ly to her gold Recommendation, while the
latter staggers under the evils of a depreciat-
ed and largely tluctuating paper money.
Consul General Walker in a letter to the
secretary of state, under date of Paris Aug
20th, 1885, reviews in detail the changes OF
sentiment of foreign countries in relation to
monetary matters as shown in the proceed
lngs of the monetary conference and con-
cludes by saying; | beg to reterate the
opinion which have expressed in former
dispatches that nothing will so much hasten
the adoption in Europe of the monetary
policy which we desire to have adopted as a
suspension of silver coinage in the United
States
Oliver p. Burger of Quincy, Illinois, who
was appointed to thousand dollar clerkship
in the registry division of the post office de
partment last september, under the civil ser
vice rules, was summariy dismissed by the
Postmaster-General this morning. Soon
after coming into his new position Burger
prepared postal circular, which he has been
industriously distributing in all sections of
the country, principally among school teach
ers, in which he sets forth that the govern
ment offers employment, at remunerative
salary, TO those qualified to enter it's service.
The circular concludes as follows: "This
Remphlet has been carefully prep red by the
undersigned, having full instructions and
useful suggestions to those who desire to take
an examination. and to be sent by return mail
to any address on receipt of so cents in
postage stamps" The post-officials say that
the statements contained in the circular are
purposely and grossly misleading as to the
clerical duties of the government, and are
made for the sole purpose of securing pur-
chasers for his pamphlet.
FROM OHIO.