Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1886-02-22

States Is the guests of this Oovernns,t :
ana make franchise with the advance d
elNhEatiCn Of this country with our indus.
tr'sI development political and education
al progress. Ths economic condition of
our people it would be 10 their advantage
and to our own. One great obstacle to the
extension OF our trade among Spanish.
American nations was their ignorance of
the United States and our Ignorance of
them, and he believed On increase of com.
merce would naturally follow a more init.
mate acquaintance. Commercial intimacy
Is natural and necessary of close friendly
relations and the extension OF our markets
upon this hemisphere was the most impor.
tant problem that now confronts the
American people.
COMMON SILVER COIN.
With refere, CO to the proposed common
silver coin, Mr. Frye said I'VE are now
paving from seyenty.fve TO one hundred
millions Of gold as balance Of trade tc
countries that have no coin but silver in
circulation. They do not want the gold
and is simply passes through their hands
into the pockets OF English and German
tradesmen. AS a matter Of fact slthosgh
gold Is given in payment for merchandise
purchased in South America il does not go
there at al but ID shipped from New York
to London am confident that treaty
could be made with Central and South
American ustions under which this balance
could be paid in silver The value of the
product of our mine would De
increased aud a perpleXing question set
tied Ii will probably be suggested that
this silver will come back 10 Us from the
Eughsh merchants to whom il will go
This is undoubtedly true and might have
objection to such proposition if our trade
with South America were TO entirely cease.
But we will continue TO purchase hides and
coffee aud other articles from those coun,
tries apI the silver will be paid out again
At least one hundred millions Of silver
perhaps double that SUN eau thus oe KEEP;
in circulation and great part I. L Will
naturally be absorbed by the countries to
which it goes. Only three OF the
great South American nations are produc.
ing silver il any quantity, and every one
who has been to those countries and 20 the
West Indies knows they are the hospital IN
which all our murilated coin finds refuge
| am in favor Of customs union. An
American Lolvsrien, if you please; recipro.
cal concessions by each Of the American
nations. We GOw admit free Of duty
nearly ell OF the products of Central and
South America, while high daty is levied
upon all OF Our products that go down there
| sn quite sure We could get some vslua'
Ole concessions by asking for them.
The report Of the South American Com
mission proves this, but beyond everything
else in Importance is the establishment OF
direct and regular steamship commuuica-
tion between New York, New Orleans,
San Francisco, and other ports of this
country, aud the rest Of the hemisphere,
upon that everything rests. We cannot
expect to have any trade with
countries we have 40 means OF
reaching. and as long as their lines OF
communication are almost entirely IN the
hands of foreigners, We NAV expect that
those who coptOl those lines will divert
as much trade to their own market as they
can"
Mr.. Frye said he should press this bill
upon the attention OF the Senate and he
fsved II Of greater Importance to the
AGRICULTURAL, industrial ami mercantile IN,
rerests Of This couuJry than any that had
been proposed for Gears.
A Great Fire.
WASHINGTON, D. c., February 2l.-a
report reaches here thst a most disastrous
IRE has been raging at Wilmington, n. c
tor many hours The telegraph wires ar
all burned down. The entire Dustnes'
portions Of the city s-s ssid 70 be III ru'n''