St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-05-05
THE SILVER WAVE GROWING
kvcH INTEREST M 7HE LONDON 81
KE7A.Lic CONFERENCES
SOME PROMINENT OPINIONS.

SOME PROMINENT OPINIONS.
s1pi Standard All Over the World
"a Allison Thinks That silver Will
BE the Campaign Issue In Eng
land voorhees, and MOrrili on
the Movement.
WASHINGTON. May 4-The interna-
tiOnal bimetallic conference in PROGRESS
In England continues to he the subject
OF much favor able comment at the cap
ital. Senators and representatives who
assisted In the repeal of the Sherman
act take even greater interest in it than
those who opposed its repeal, and ex-
press themselves very freely as in
hearty sympathy with the movement.
Senator Hill was found among others to
{ be very willing to express his opinion
upon the movement in England in the
interest of bimetallism, as indicated by
the conference. file SAID:
II joined in the dispatch to the bimet-
allists of Engla because I desired to
encourage them in their earnest efforts
to promote the cause OF double stand
ard. The best interests of the world
would be subserved by making gold
and silver the standard money of all
countries. The best thinkers and the
best writer's, the best statesmen and the
best fnanciers are gradually but surely
realizing the fact that single standard
OF gold means the Impeachment of
the people everywhere, and that some
adequate relief from present conditions
is essential. An International agree
meut between the leading nations rec
Ognzing silver as standard money
with gold is the goal to reach which
every effort should now be made. 1t is
feasible; it Is desirable; it is important.
1t would promote the interests OF Gre at
Britain. as we'll as those of every other
commercial country. There are some
Indications that
ENGLISH SENTIMENT
is now drifting toward biinsIallism. 1t
is the duty of this government to pur-
sue that course which will surely hasten
the day when bimetailism shall be an
accomplished fact.
''If the present administration does not
shape its course in that direction the peo-
pie will select one that will. Bims tai.
lism, either by international agreement
or independently If necessary, Is to be
the great issue Of the future"
Senator Allison, who was member
of the last International monetary con.
ference, said of the present movement:
1.-The conference In London Is signif-
icant as respects the membership, and
as respects the strong utterances favor
ing the full use Of silver as money. 1t
shows tue growth of public opinion in
Europe in favor Of the international use
of silver as money of full legal tender.
1 notice that leaders of opinion in Eng
land are in full sympathy with the OBJ
jects OF the conferences. l have faith
that when opportunity is given the
growing opinion i'll favor of silver as
full legal tender will find expression i'll
the elections of England, Ireland aud
Scotland, as soon as dissolution takes
place, as it will be impossible to keep
this question out of the cam paigu."
Senator ID. w. Voorhees, said of the
conference:
1 ut is step in the right direction. It
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 money metal
it will be at the behest of money power
the world over, aud at the expense of
the laboring and producing classes. l
expect the issue to be met, especially i'll
this country, at very early date and i'll
a. very determined manner. Let me say
also that look upon the recent repeal
OF the Sherman act as movement in
the direction of free coinage ard the full
use of silver as money. l look for no
result from the bimetailic
convention in England. but it shows
that the subject is alive and at the front
the thinking people. In this
respect the convention will be OF use -
the friends Of silver money. The friends
of silver money have no occasion to be
The people have way of
great questions at the prop
er time. and under hitting circumstances,
which cannot be resisted 1 look for
general. strong and popular moveme ut
OH the subject, such that when it comes
it will defy the opposition of the money
and the
POWERS OF MONEY.
II hope to 1.-Two to take part in this
when it shall come
Asked if he thought this movement
would take place during the present
session of congress, Senator Voorhees,
said he thought not.
Senator Morrill, said:
Il am glad to observe the movement
in England in the interest OF bimetal-
lism. and think there is some ground
for hope that something may be accom-
pliShed. l doubt very much. however,
whether anything can be done under
the present administration in that cOun-
try. With Sir William Harcourt out of
power, and Arthur Balfour aud Lord
reinstated. should be very
hopeful of accomplishing good results
in the interests of International bimetaI-
lism through English influence"
The financial leaders Ut the house ex-
pressed hearty approval OF The cable
sent by senators to the lord mayor of
London. Representative Bland author
lied the following statement concerning
the bimetallic conference at London:
Il have never considered an Interna-
tional agreement of sufficient import
ance to delay action by our own govern
ment. l think we are able to maintain
our own system of birnetallism. The
efforts towards an international agree
ment in the past have been used as a
pretext for delay. l have no doubt,
however. that the present movement of
European countries is i'll good faith and
may lead to results. But that is too
remote to warrant delay on our part for
ourselves"
Representative Dingley, Republican
member of the coinage committee: II
heartily ind0rSe the views expressed in
the caUiegram. An International agree
ment is the only means by which we
can accomplish the free coinage OF
silver and gold. Great Britain must be
the moving factor in such an agreement,
and when she acts the rest or the world
will act"