Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1892-11-22
THE BRUSSELS CONFERENCE.

One Of the most consequential gath
erings Of recent times h that which
began its session In Brussels today.
Certainly u hiss one OF the most mo
mentous and fAr.reaching questions 70
doal with that ever occupied the Atten-
ton Of any international body; and
we are justified from Its personnel Ia
saying that ths subject which brought
It together will not be slighted. No
other nation IL directly affected to the
same extent that the United States Ia,
and therefore we on this side look to
the outcome Of the conferences work
with nh interest which amounts to
very much more than we could take
IN the mere disposal OF a question In
natural philosophy.
This country has become such
great producer o. silver that It's absorb
ton In the channels Of commerce. has
become q matter Of the grnvest con-
csrn. eau nation have too much
money? OF what should that money
be composede II OF more than one
metal, what metals shall be employed
and what this ratio? These are tho
qucstions with which the representa-
tives Of the powers at Brussels will
have 10 deal, and We look for them TO
definitely determine each and all OF
them, 40 that they may be removed
from the field Of controversy aud all
mag know exactly what to rely upon.
To be- entirely satisfactory on this eide
OF tho Atlantic, tho categorical answers
TO those questions will he;
mo, 30 long as II Ia universally
recognized as money; for then the
more y country has tho greater Its
power among tho nations OF tho earth.
2.--Of royal metals possessing the
qualities Of immutability, indsstructi'
biliiy, incorruptibiiity, malleabiiity
aud ductility, being not 10 scarce rs 10
limit the circulation to few, and thus
create contraction Of currency and
corresponding congestion Of trade, nor
20 abundant M 10 be- common In tho
hands OF everybody, thus creating In
hatiou and curtailing tho purchasing
power OF the money. Gold and silver,
and nothing else, answer these 70.
quirements, and therefore the answer
toquestion 8 is partly contained here
In. The ratio Is what the conference
must determine, having first In view
the apparent supply and relative guam.
tities Of either, mined and unmined
hut likely to be obtained. The relative
values 10 an abslruso proposition, but II
can DO determined upon practical
basis. The law ofsuppiy and demand
can have but little to do with 1t, rs the
declsion Of the conference will settle
that feature OF the case, and they are
dealing with matter which II M
adjunct TO. not u subject OF, the law
spoken Of. The decision must be with
due reference to the qualities named
and the respective quantities visibls
md invisible, Immediately and pros
pectiveiy; than, when ratio shsl
have been adopted, providing that on,
ounce OF gold shall be- equal TO 80 many
ounces Of silver and In that proportion
both metals shall circulate freely al
money among all the signatory powers
the difficulty which has envlroncl
US no long viii end at once
The miner with quantity o
silver wiz know exactly what hls poa
sessions are, and will no longer be IL
the position Of the hueks,er with a wag
On load OF truck going TO market
twill establish stability In the msr
camille affairs Of the civilized worl,
such as It has not known before, ant
will be the means OF usherlng In a
once upon us OF the West such a stead,
tide OF prosperity as we have longe,
for, struggled for, asked for, but never
realized. II Will he to us Just tn
difference between dealing Ia certain
ties and uncertainties, md surel,
everybody OF mature years who IA
ever had any dealings at all can appre
clate without argument or further OK
ample what a vast difference that 1,
Above and beyond all things else,
means Justice 10 noble metal through
securing JusIIce 10 the hardy and Wen