The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-01-05
w. FOSTER, Secretary OF State.
ALLISON WILL RESIGN.

But He Says HE Action Does Not Indicate
the End of the Monetary Conference.
Special 10 the Indianapolis Journal.
WASHINGTON. Jan. 4.-Senator Allison,
of Iowa, enters an emphatic denial Of the
%intImation that his intended resignation
from the chairmanship of the United States
international monetary conference indi-
Gated an abandonment of tie conference
or was in fact TO be taken as an indication
that the commissioners for our country be-
lieve the WORK of the conference will avail
nothing. ut is my intention to tender my
resignation, not precipItately. but after
awhile. before the time for reconvening the
conference, imply because L believe
the Democratic party is entitled to
the chairmanship of our cOmlni ssion."
said Senator Allison to your cor
respondent to-day. while it is
probably true that Mr.. Cleveland does not
hold views upon the silver question which
are especially different from those of Presi-
lent Harrison. and while IL is also true
that the commissioners selected by Presi-
dent Harrison were named with regard to
familiarity with the subject. and not upon
political lines. it is due to Mr.. Cleveland
that the head of our commissioners should
be q man of sympathy with tim. politically
and otherwise. | shall not 20 back to
Brussels under any circumstances"
do yOu believe the repeal of the Sher-
man law requiring the monthly purchase
OF 800. 900 ounces of bullion would help to
preciDitate action at the hands of the in
ternatiOnal conterencei" was asked.
Senator Allison was u little surprised at
the strictDess of the question. out he re-
piled: 'Yes. | believe 1t would actually
precipitate final action. and probably such
as we are trying TO get. But j do not be-
fieve Congress will repeal the law. The
House would have TO take the initiative.
1t Is not likely that it would do SO under
present conditions. when a large majority
in pledged To- free silver. or what spproAi-
mates free silver. Then q 1Tee-fOr-ail dis
cusslon of the proposition TO repeal the law
might create an impression upon the mine
OF Europe that would be To our disadvant-
age. in that IL would show the division of
sentiment existing in this country. If We
conld take mp the bill to re.
pea! the Sherman law and push 1t
through without debate. 1t would no
doubt have the desired result. Europe
would see that We were not inclined TO
! bull the silver market. Now she ~ more
or less Indifferent, and | believe we will
succeed in reaching an agreement. All
European nations agree with us that some
thing must lie done upon the silver ques-
ton. Ii cannot run along as at present.
| We will all Ultimately suffer from IT."
Have the European commissioner any
more authority than you have to bind the
governments they representa-"
NO.: like us. they Can only
action by their governments. They are.
however. showing AS much anxiety about
the matter as We are"
representative Harter. of Ohio. objects
to the suspension of the silver purchase
resolution introduced in the senate 10y Mr.
Mcpherson. OF New Jersey. on the ground
that u gives To the Secretary of the Treas.
urv greater control oyer the subject than