Arizona weekly citizen., 1895-03-30
LOOKS WELL FOR SILVER.

The action Iakea by the German coun'
 cil of state yesterday in heartily ehdorH- | ing international monetary conference
 and rejecting the proposition presented
 Inv the advocates of the single gold
 standard opposing any change ln the
 present monetary policy of Germany
 must give renewed hope ard comfort to
 all true friends of bimetallism through
 out the world.
 tis certain now that if Germany will call a conference all the leading nations
 will send delegates ard there IS every
 reason to believe that Germany VIII issoe this call within few months at the outside. Emperor William seems friendly to the restoration of silver to its old place and value as money, and there can be no doubt tEat France Will
 heartily cooperate in any movement de- signed 70 acc n plishf d that end.
 In England the movement m favor or
 bimetalllsm is growing rapidly and It
 has already enlisted in its support many of the leading thinkers and politicians or
 al parties. Seven of the directors of
 the bank of England are ardent blmet- allists, and nearly 200 members or the house of commons belong to the bime- tallic league. Nearly all the professors of political economy in the leading eou- catiopal institutions of Great Britain are bimetallists and 1t is reasonably certain now that if in the coming election, which cannot be long postponed, the conservatives obtain control Of the goV- ernmen. the rehabilitation of silver will become one of the leading issues with the new administration.
 It may be that England will not de- eide to reopen its own mints to the free coinage of silver ana gold, but 1t can do great deal to aid in the restoration of the ancient parity between the two met sls by reopening the hints of Irdia to the unrestricted coinage of silver and that provision of the existing law which permits the bank of England to retain one fifth of al its coin reserves in the form of silver.
 Hardly any well informed person will doubt that even without tine co-opera- tion of England it would be easily possi- ble for the United Ststee, France, Ger many and Asutria-Hungsry to put silver back where in was bef6re the general beginning in 1873, and if Germany is willing to advocate this course the next monetary conference msy secure its adoption.
 For our own part We have no fear but that the United States, acting iEdepen- dently of all other countries, could con- pleteiy rehsbilitate silver by reopenlne its mintS to the free coinage of both me tals at the ratio of l6 to l, and we be- lieve that even if the next monetary con- ference fails to solve the problem its chief educational effect will be to con- vince the people of this country that tbey can and must act independently in the mauner suggested.
 Every slgn d token of the times must carrv conviction to intelligenG ob- servers that the cause of bimetsllism is growing rapidly, both at home and abroad, and it IS quite within the range of possibility that before the close of the international mining and industrial exposition in this city next year the res- toration of silver to its proper place in the metallic monetary supply of the world will be an accou. pllshed fact.- Denver Republican.