The morning call., 1893-07-25
Silver Men Looking to the
United States.
AN ENGLIsHMAN'S APPEAL.
Like the Coloradans, He Believes All
Evils Spring Originally From
the Single Standard.
Special to TUE MORNING CALL.

NEW YORK, July A.-Richard Lacy has
received letter on the silver question
from Richard Everett. NJ. P. Cable re-
ports of the proceedings of Parliament
have mentioned Everett several times as
interrogatiug Gladstone. Everett's letter
is as follows:
1.-THE feeling of many friends Of the free
coinage of both metals in England. both
to be full legal tender, is strong against
the action OF the Government as 10 India.
"First-Because it has taken step of
worldwide importance without consulting
Parliament, though Parliament was sit
ting at the time.
"Second-Because having In the early
part OF the session Indignantly denounced
'tampering with the currency it has now
tampered with 1t in way that rests nD0n
no principle, and that will adversely affect
the dumb. helpless millions OF India.
'Third--Because 1t did all it could to
frustrate coming to an inte irrational agree
ment as to silver and gold at Brussels,
while 1t pow seeks to carry out bastard
bimetallism between India and England
by their joint action alone.
"Fourth-Because having rallied at the
folly of the idea OF attempting to fix an
artificial value for one metal. it now is
aiming to do that very thing
Fifth Because further new demand
for geld will be created by what is pro-
posed. 30 artifcially further raising the
value Of that metal, and by the consequent
forcing down OF the prices of commodities.
to the further depression Of Industries, and
adding to the burden of all debts.
'Sixth-Because new difficulties will be
created between India and China, Japan
and other silver-using countries.
'Seventh-Because the new policy tends
to restrict the supply Of money instead Of
leaving It free and automatic.
I'VE look anx!0nsly new to see what the
United States will do. We earnestly hope
that free coinage will be Americas answeI
The supreme aim of the moneyed classes
and the London press Is to restrict the
supply Of money so as to enrich the owners
OF it at the expense of the raisers of produce
and the owners of land and other real
property. We hope the sharp intelligence
Of your people. in the main q nation Of
producers and landowners. will see
tn rough this cruel game Of the moneyed
classes and Illustrate II. The miseries OF
the agricultural classes here are indescrib-
able, but the farmers do not clearly see
why it is that prices are forced down to
their ruin, so that 1t il difficult to get them
to move with the American farmers, who
are sharper. hope our salvation will
come from you."
The governors ef the Stock Exchange.
in pursuance Of the policy announced last
Saturday, will present charges against Ii.
Y. We'll for unbusiness-like language and
conduct det rimeu tai TO the best interests
of the Exchange. Well is the broker who
recently refused to take gold In payment
for $4,000 OF United States 4 per cent
bonds. and last week circulated the state
ment that the Manhattan Bank could not
furnish him with the currency be had de-
posted. The officials Of the bank denied
this and ordered him TO withdraw his ac-
count.
One hundred and twenty.eigh thousand
ounces of silver will be shipped to-mor-
row. Two hundred thousand dollars 10
gold arrived to-day from Europe and
S27O. 900 from Havana.