Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-11-27
Tho prnssels Conference.

We enioved the cablegrams in yester-
dav,s DISPATCH touching the al-knowinR-
noes OF the British delegates TO the Inter
no,ional Bimetallic Conference" all
knowingness" being synonymous win
nresumption or ignorance. Ruin ana ue-
collation. threaten British lndis more tnah
orv other country-more than even Eng
lond-as n consequence of the demonet-
vo,,on Of SILVER. and yet England adhereS
20 monometallism as 1.-THE heatheh IN
tbeir blindness bow down to wood ana
stone" There is not gold enough IN 'he
world 70 enable all the nations 70 MAIN
,oin n cold standard. II. therefore, the cur
roncv of every country is TO be based upon
the nrec,ous metals, it is absolutely mas
nensoble that both gold and silver shall 90
used. Ii is said TO be fact that not"ilh-
standing the low price Of bar-sllver tne
rupee is ct par with gold everywhere IN
India except at the ports and tue chiei III
,er;or towns. We do not understand now
such n condition of things can exist unless
il be due to the gross ignorance OF thoso
neople Of India who do not 1--we at the
norts and the chief interior towns Let
This be as il may, England will suffer more
than anv other country II the present con,
ditiou of the worlds currency be alioweu
TO continue, (the worlds currency Doing
SILVER and rold.) England. it would seem
boe been stricken with judicial blind
ness on the currency question. The COM
rittee which her government appointed
10 consider proposed notifications OF the
India monetary system has been Debating
n motion to establish gold currency or
the cold single standard. The New 10TH
Con,ue-oi1l and Financial Chronicle wen
asks. what would be done with lndlas Sill
yer rupees? If successful how wouId the
change act on the monetary system OF tne
United States 1t would bankrupt Eng
land Like SAMSON. she would pull down
n great temple. Like him, she would pun
it down upon herself. But we fear tn"'
this and ell other countries would suher
iuuumerable resulting Ills.
The general plan Of bimetallism SUP
mitted to the Brussels conference by the
American delegates contains three propo'
s1;ions to which nobody ought to object
first. the unrestricted coinage of botn goIu
md silver; second, FIXING ratio IN com
age between those two metals; thlrd'
making a uniform charge for coming foI
the public.
Sir CutRLEs RIVERS WILSON is wlseacre
evidently. His remarks as reported sho"
HIM to be n delegate who might well
have been left at home. it already iook'
a. # the English delegates were bent upon
breaking up the conference without allow
ing II time to perfect any Recommendations
which it might be expected TO make.
But the delegates from Austria and Ger
many also said that they could not agree
TO change the present monetary system
So their hands are tied. and bimetaiiisn
has nothing to expect from them.
If England, Germany and Austria are
determined TO maintain the gold standard
the Brussels conference might as well al
iourn at once. And when our delegates
make their report they may possibly pro
nose 10 give an obiect-lesson to those
three countries by establishing the colo
standard IN this country. AS the Yelled
Prophet of Khorassan said to his follow
ers. Uncle Sam may then say to England
Germany, aud Austria.
aye would be fools and d1pes, and loi ye are