The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-05-09
SENATORS ARE HOPEFUL.

SENATORS ARE HOPEFUL.
They Expect International BimetaI-
Iism TO Come Soon.
WASHINGTON, May 4.-The interna-
ticral bimetalIic congress in England
continues to be the subject of much IA
vorable comment at the capitol. Sena-
tors and representatives who assisted in
the repeal Of tie Sherman act take even
greater interest in it than those who re-
sisted repeal and express themselves
very freely as in hearty sympathy with
the movement. Senator Hill was found,
among others. to be very willing to ex-
press his opinion upon the movement in
England in the interest of bimetallism
as indicated by the congress. He said:
Il Joined in the dispatches TO the BIZ
metallists of England because desired
to encourage them in their earnest eff
forts 10 promote the cause Of a double
standard. The best interests of the
world will be subserved by making gold
and silver the standard money Of all
countries. The best thinkers. the best
writers. the best statesmen and the best
financiers are gradually but surely real
izing the fact that single standard Of
gold means the impOverishment of the
people everywhere and that some ade-
quate relief from present conditions is
essential An international agreement
between the leading nations recognizing
silver as standard money with gold is
the goal TO reach which every effort
should now be made. 1t is feasible; it is
dasira hla. L. WOULD voro-
mote the interests Of Great Britain as
we'll as those of every other great COM
mercial country. There are some indica-
lions that English sentiment IS now
drifting toward bimetallism. 1t is the
duty of this government to pursue that
course which will surely hasten the day
when bimetallism shall be an accom-
plished fact. If the present adninistra-
ton does not shape its rulings in that
direction the people will select one that
Will Bimetallism. either by interna-
tional agreement or independently, if
necessary. is to be the great issue of
the future"
Senator AIlisOn's Views.
Senator Allison. who was a member of
the last international monetary confer
ence, said of the present movement:
THE conference in London is significant
as respects it's membership and as re-
spects the strong utterances favoring the
full use of silver as money. 1t shows
the growth of public opinion in Europe
in favor of the international use Of silver
az money of, full legal tender. 1 notice
that the leaders Of public opinion in En-
gland are in full sympathy with the
conference. / have faith that when OPP
portunity is given the growing sentiment
in favor Of the full use OF silver will
find expression ar the election in En-
gland, Scotland and ireland, when a dis
solution takes place. as it will be impos-
sible to keep this question out of the
campaign
Senator voorhees, Approves.
Senator Voorhees, said of the confer
ence: 1T is step in the right direction.
1t shows that the idea is alive and COM
manding great respect. 1t indicates that
the nations will not long consent to the
continued disuse Of silver as money and
points to the restoration of free coinage.
If silver should continue to be denied its
right as a money metal it will be at the
behest Of the money power the world
over, and at the expense Of the laboring
and producing classes. 1 expect the is
sue TO be met. especially in this coun-
try, at very early date, and in a very
determined manner Let me say also
that 1 look upon the recent repeal of the
Sherman act as a movement in the di-
rectiOn Of free coinage and the full use
of silver money. L look for no inn
mediate result from the bimetallic con-
venti0n in England, but it shows that
the subject IS alive and at the front
among able and thinking people. In that
respect the convention will be of use TO
the friends OF silver money. The friends
Of silver money have no occasion to be
discourag ed. The people have a way of
determining great questions at the
proper time and under fitting circum-
stances, which can't be resisted look
for a general, strong and popular move
ment on the subject such that when
II comes il will defy the opposition Of
the money centers and the power of
money. 1 hope to live to take part in
this movement when it shall some"
Asked If he thought this movement
would take place during the present ses-
sion of congress Senator Voorhees, said
he thought not
Morrill, i'm sympathy.
Senator Morrill, said: Il am glad to
observe the movement in England in the
interest of bimetallism. and l think there
is some ground for hope that something
may be accomplished. 1 doubt very
much however. whether anything can
be done under the present administration
in that country. With Sir William Har-
court out Of power and with Mr. Balfour
and Lord Salisbury reinstated I should
be very hopeful Of accomplishing good
results in the interests Of International
bimetallism through English influence"
Feeling I'm the House.
The financial leaders Of the house ex-
pressed hearty approval of the cable
sent by senators 20 the lord mayor of
London. Representative Bland author
lied the following statement concerning
the blmetallic conference at London: II
have never considered an international
agreement of sufficient Importance to
delay action by our own government.
I think we are able TO maintain our own
system Of bimetallism. The efforts to-
ward an international agreement in the
past have been used as a pretext for
delay. have no doubt, however, that
the present movement of European coun-
tries is in good faith, and may lead to
results. But that IL Is too remote to
warrant delay on our part for ourselves"
Representive Dingley: II heartily en-
dorse the views expressed in the sable
gram. An international agreement Is the
only means by which we can &C
complish the free coinage Of silver and
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