The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1894-06-16
A "NO PROGRESS REPORT.


currency Commisio4r has sdIonrs,ad
Inc commissioners held twenty si,.
.ings Of six hours each, and they left
the entire silver problem in Germany
practically as they found 1t. Dr.
Arehdt, contends that the German
government has become convinced of
sne theoretical correctness of bimet-
allsm, although it recognizes the im-
possibility of Germany's undertaking
single-handed the rehabilitation of
silver. Herr Won HardofI, who sat
III The commission as the representa-
tive OF the Agrarians aud their over
mortgagcd constituents, p.ofessed in
published interview, TO be well sat.
lsfed with the commissions work.
when we metz be saId, sthe gold
men were stronger numerically than
the bime;allists, but the latter carried
mouon that no votes should be taken
on any OF the points TO be discussed
the object ofthe inquiry being merely
TO provide the government with in.
formation concerning the currency
question"
Herr Ludwig Bamberger, ali cmi-
neni authority upon the question of
bimetallism and member of the sill
yer commission, declares that after the
twenty-one days OF earnest discussion
not only has no tangible result been
arrived at but the meetings of the
commission have furnished over
whelming proof that in the future no
conference, either national or interna.
tional, viii arrive at different result.
Prof. Suers, when interviewed as 10
the work Of the commission, said that
be was present merely as an observer,
VINO was occasionally called upon to
give impartial testimony. lie believed
that Count Won Posadowski, Secretary
Of the Imperial Treasury, had been
deeply impressed with the difficulties
Of the existing situation, and had been
convinced that some.
| hetfVh't W no tNANOADAbAAHa-
! Director Russell, of the Discount
Company, who, as mouometallist, Il
second IN authority only to Bamberger
praises highly the impartiality of tht
government toward the investigation
He thinks much good win result from
the commissions lsbors, for leaving al
else out of consideration, he says tht
statistical information gathered by III,
commissioners will be most usefu
! whenever enactments as to the cur
rency Of the empire shall be considered
In referring TO the announcement
from Berlin, Senator Teller SAID tha
he regretted the fact that no recon
mendation favorable to silver ha'
been made. "The commission was,
he said, "the outgrowth of the dlscon
tent among the agrarian classes an
was appointed by the government j
response to the strong pro-silvcr sent
ment in the agricultural section Q
Germany. l have never understoo
that II was expected to do more tha
collect information in regard 10 th
, situation, or, IL Il was the origins
purpose that the commission shoul
: make q recommendation, | think tht
/. was abandoned some time since. Tb
proceedings Of the commission al
public, | understand, aud of cour'
will be of benefit 10 the silver cans
to the extent that they educate I'll
masses of the German people.
O should have been gratified If the con
% mission had led 10 an internation
meeting, but 1t was hardly to be hope
:, in view of declarations of the Germa
4 representatives at the Brussels confe
y ence that Germany would SO soon r.
verse her policy and enter into a col
ference on this question in which EN-
land did not participate. Outside
the educating effect Of the publicatic
of the proceedings | do not think Il
work of the commission will have al
effect unless It be to increase the col
J. yiction which is already growing
: this country that the United stat
!. will have to take this question IN har
and act independently Of other n
tlons.n
Deriving encouragement out OF u
Of reflection that the proceedings of u
commission will by educating Il
masses of the German people "bene
the cause of silver" Senator Teller
inconsistent iu favoring a return
s the broken down policy of indepen
ent action by America. Ii is under
: able that the tide of thought and
Y ton which Is building up "a stro'
pro-sllver sentiment" in Europe, b
been set IN motion and vitallz
= through the repeal of the silver p'
chase act. That act served notice
y. the world that America would
: longer devote her resources to uphol
ing the price of sllver,by storing bull
and holding it off of the worlds MAJ
ct. This was in fact attempting