Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-05-04
RECONCILIATION or sIlvER.
hte Administration ut Washington
Matching the LOndor, Meeting.

ite ADMINISTRATION at Washington
Matching the Londor, Meeting.
D. Associated Press.
Washington, May 3. 1.-THE agitation
Europe. and notably in England. in
AEa Of the rehabilitation of silver
Fs money metal is being observed
Fith the greatest satisfaction by the
ADMINISTRATION, for 1t is regarded as
Frong confirmation of the correctness
p the principle to which President
Cleveland so steadfastly adhered
throughout the thick and thin. and
ome times at the risk of his own pop
Parity with his party. The president
sontended that true ana stable
quality Of gold and silver could be
fpught about and maintained only
agreement between the great finan-
pa nations of the world. With this
0hyiction he has been obliged to reso-
siely oppose all attempts at indiyid-
~ action by the United States, and
hen the extreme silver men have de-
8lared that there was and could be no
tepe OF consummating the desired in
8dnauonal agreement, the president
~ paw WAT III III anu HAEdAldhN tlAl-
h eience to the line of policy initiated
IL The repeal of the silver-purchase
"a ssuons OF the Sherman act must in
iiably bring about the desired re-
*ut One Of the purposes In view then
as 10 relieve the United States from
II loss and danger to which Il was
lpeeied by the efforts to maintain
lnAlled by any Of the great financial
2Ners the integrity as a money metal
vast silver circulation. Europe
a. prospered under the old conditions
was we'll satisfied 10 allow the
Lifted States 10 bear the burden.
we Presidents theory was that by
spending further efforts In that direc-
" me United States would cause the
lupean nations to feel the need of a
.ssr circulating medium and to share
ieast, with us the hardships of
oneiary stringency.
ineretore, the movements now in pro-
~ IN England, Germany and France
regarded by the administration
gle as evidence OF the successful
wMng OF the presidents policy. Great
-v.tance is not attacked to the at
p. initiated by Mexico to secure
conference. though It Is not
va, the president has refused to
q. NV fAiltlllt lOT us II
ac, the Mexican government has
N ~ made any tangible proposition
aas confined Its efforts to sound
V'ner governments to learn how a
"a invitation would be received,
IA Notwithstanding the rosy promises
vut by the European agitation
ss,,ss,ernment Is not yet satisfied that
H. ~ ins.actory International agreement
~, ieached at present or even in the
s~a ,uture. The pressure has not yet
4 4 S a so severe as to warrant the be-
e., ~ onr part that such nations as
AZ. britain and Germany are ready
Elc,ion e.aon their long cherished con-
IA ana take mp the double stand
uis seyoaoly some kind OF an agreement
IN 49, pe reached now, but according TO
- taken In financial quarters
ltsi,a PROBABLY would not realize our
quall,,." put silver on IA perfect
a. cn,S with gold and Il is thought
Xtion rSstpone Indefinitely that restor-
W. M therefore, It is probable That our
osss si will pursue n Conservative
yalp IN sihing to take the Initiative
ifeuees view OF the fruitless con-
kniIi M aHlready held, and bide its time
riy r,ropean powers, and partlcu-
F.; mis- ,hu, Britain are prepared to
! onss-.ue United States TO joIn in a
one ANY which shall have before It
BE- rs-h.rtnlv,I proposition looking to
tuhelse. mutation Of silver and with
y lnsnrs power lodged In the members
ie practlcahie outcome