Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-08-11
REPLY TO ENGLAND.
The President Informed of the Mes
sages From British Financiers.

The President Informed of the Mes.
sages From British Financier..
Three messages have been sent within
the past forty-eight hours, says Holland -
the New York correspondent of the Phila-
delphia Press. by English fnanciers who
are also very closely allied to the British
ministry to certain financiers Of New York
city. who have as we'll important political
relations, especially With President Cleve-
land.
To these messages one reply has been
sent This reply was written after very
careful consideration and after some con-
ference with Mr.. Cleveland himself. Some
mixing of this most important correspond
ence appeared In the Sun yesterday, and
was republished in The Star. but the ref
did not reveal either the nature of the mes.
sages. the replies sent or the highly i'm
portant influences which brought about
One Of these messages was indirectly in
spired by the Rothschilds, and when 1T is
remembered what the close personal rea-
berry 1t is fair inference that such sug-
gestton as this message contained must
have come to the knowledge, If it had not
been inspired by. the British cabinet
two. These set forth most explicitly a
proposition that in case the United States
treasury would continue to purchase sill
yer either by the manner Commanded by
the so-called Sherman law or in some other
" Way oy Which a governmental! market for
would be no doubt that by agreement or
understanding, and as a consequence of
favorable action by the present Congress,
tne BRUSH government would see to 1t that
the mints Of India were reopened to free
coinage at the ratio Of "a to i.
These suggestions, 1t is almost needless
outstanding the belief which has prevailed
mere that II Great Britain realized that the
~ Tni ,ts states government was in earnest
england, demonetize silver and make no
market for 1t, then there would be occa-
stoned among British f1nanciers and on the
part OF the British government itself In
The cablegrams were shown. perhaps
20 nalr a dozen men, two or three of them
bankers or high repute and of many years
experience. The others are national bank
srs. some of them closely connected with
citation. The dispatches called for as early
reply as was possible to make, and there
was not many hours of delay
AFTER consultation, in which II was found
that the opinion was unanimous as to what
tne reply should be. an answer was writ
ten almost In these precise words: when
ton looking to an international agreement
Tor the purpose Of employing silver as
money n,S% y,r metal at fixed and i9terpation
States win most gladly and speedily listen
to that proposition, and take such action
upon 1t as may seem to be best"
MT. SAcVSA0nQ kNSCe1vea the MESSAGES.
These messages and the answers were
sent in duplicate to President Cleveland,
and he must have been reading them at
about the time when his own message was
being read to Congress. The President
was, of course. intensely interested. not so
much In the propositions themselves as in
the evidence which they contained that
Great Britain Is seriously concerned over
the proposed action Of Congress as rec
commended by the President, which has the
repeal Of the so-called Sherman law In
view.
II must be said that there was some in
dignation on the part of those who received
and those who read these messages at the
nature Of the propositions made. for they
seemed to indicate that in the estimation
Of the British statesmen and financiers the
Grafton than does its own dependency. the
Indian empire. When the reply was re-
ceived and its terms conveyed to Mr..
Gladstone's ministry, as they have been
by this time, It must have been felt by
these men In authority over there that the
to any such condescending federation as
financial agreement based upon the treat
ment of midas mints suggests.
The Movement of Gold.
The bankers are unanimous in the opin-
ion that In Great Britain two Influences
are now very strongly at work. and are
50 potential as to cause the sending of
these cable dispatches. One Of these in
fiuences Is political and the other finan-
cial; The withdrawal Of some ooo in
gold from the Bank Of England for ship
ment to this country, and the probability
that more may be withdrawn. explains
some of the financial anxiety. That more
will be bought and exported to the United
States, and a good deal more. is now GER