The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-02-17
THE CONFERENCE FAVORED BY
PRINCE HoHENLoHE AND OTHERS.
Rehabilitation of Silver as a Cfrcu-
Iating Medium to He the Main OBJ
ject-Features of the Debate.

National Zeitung, Kleine Journal and
other newspapers have commented at var
ious lengths on the situation at Washing
ton. On Wednesday night during the SUBJ
scription ball at the Royal Opera House,
the Emperor showed the interest he felt in
the matter by engaging in a lengthy con-
versatlon with Mr.. Runyon, the American
ambassador, American financial affairs.
The conversation touched on the tariff and
political questions, but his Majesty asked
to be informed more especially about the
financial crisis, the coinage troubles and
the gold reserve in the national treasury.
On receiving the information that he
sought, the Emperor added some remarks.
including an expression of his hope that
financial matters in Mr. Munyon's country
would be soon Strengthened out again. He
ALSO tooh occasion to refer to the close
commercial relations between Germany and
the United States.
An important phase of the silver question
was reached to-day when the Reichstag
declared in favor of the resolution SUBJ
mitted yesterday by Count Won Mirbach,
an agrarian leader, summoning an inter-
national conference on the financial ques-
ton. Mirbach's resolution instructed the
federal governments to issue invitations for
an international monetary congress to take
action for the rehabilitation of silver as a
circulating medium. Previous to it's adop-
ton Count Won Observation-Disclosures, Sec
rotary of State for the Imperial Treasury,
on behalf of the government, declared its
sympathy with the object aimed at by the
resolution. The motion submitted to the
Rechstag by Mirbach had received the
signatures of the unusually large number
of 30 members of that body. comprising
Conservatives, National Liberals, Ultramon-
tanes and members of other parties. Among
the SignerS were to be found not only the
names of professed-. bimetaldsts, but other
members who have heretofore maintained
more or less neutral attitude son the ques-
ton of bimetallism. One of the signers was
the son of Prince Hohenlohe, the Imperial
Chancellor. The bimetaIists who signed
the motion want nothing more or less than
bimetallsm. But for the time being they
have been prevented from formulating a
motion to that effect by the opposition OF
their own moderate colleague who do not
desire an alteration of the gold currency.
There is suspicion a1oat that the support
Of the latter is not3IentireIy genuine, but
has as its motive q, desire to bring about
an International conference, which de-
cision, they believe, Will be adverse to the
reinstatement of silver. and thus settle the
question for some time to come.
HOHENLOHES DECLARATION
The result of the debate was foreshad-
owed yesterday, when Prince Hohenlohe in
| dicated the attitude of the government in
! carefully worded declaration which he read,
| as follows: Without prejudicing our i'm
perial currency, one must confess that the
| difference in the value of gold and silver
| continues to react upon our commercial life.
| Following, therefore, the tendencies which
| led to the appointment of a silver commits
| sion 1 am ready to consider, in conjunction
| with the federal governments, whether we
cannot enter upon friendly interchange
| OF opinion as to common remedial measures
with the other states which are chiefly in
| terested in maintaining the value Of silver"
When Mirbach's motion came up in the
der the discussion was resumed by Siegie,
| a National Liberal. He opposed the resolu-
| ton and urged that. the impression should
not be sent abroad that the Reichstag con-
| sidered the existing monetary system I'M
| suited to the. interests of Germany. He
convinced that Great Britain would
| take no part in any international agreement
| for the Introduction of a double standard. :.
| that he us was in favor of an international
| conference. which he was fully persuaded
would adopt the principle of bimetallism
Hoheniohe was temporizing. This vacilla-
I ton was a danger in such an important
| Agrarian intermezzo preceding the principal
| act--the protectionist resolution of Count
Won Kanitz. If they got nothing the
| would not be allayed by ten anti-revoiu-
ton bills; Cheers by the Fl R Radicals =,
| denied that the ever-falling price Of silver
| was prejudicial to industry and to the Ger
| man silver mines. Consequently, the de-
| cline tended to deprive large body of
workingmen of their means OF subsistence
| probation in the price of silver was harm
full. The Premier and Minister
had f stated that france Must o rs
| verse the double standard, and that Ger
| gan the use of the gold standard. The rural
| population believed that the fall in the price
( of silver was answeraole FOR the decline IN
| the value of the product. This opinion was
| shared moreover, by many manufacturers
| Therefore, it was the duty of the govern
| question which had been put by a ma
jority of the Reichstag.
This utterance was greeted with much
| Conservative cheering. Won fkardoff, a
| well-known champion of law, described BIZ
metallsm as protection to the German
/ socialism. This remark was greeted with
| derisive lighter on the socialistic benches.
| OPPONENTS OF THE SCHEME.
The chief opposition against double
| standard came from privy councillors in the
| ministerial departments. Count Wagner
| here arose from his seat and declared that
| the chiefs of the departments were respon-
| sible for the policy of the departments.
/ After a speech by Meyer. which elected
| reply from Van Kardoff, the motion of
/ Mirbach was put to the house and carried
amid loud applause from the members of
| the Right. The motion was Carried by the
| united votes of the Conservatives and Cen
|
/ tional Liberals.
The newly formed German bimetallic
/ league will meet on the 18th inst. Speeches
will be delivered before the league by Won
| Kardoff. Count Won Mirbach, Arendt and
two well-known manufacturers, Wuelfing
/ and Aschendorim
The passage Of the anti-revolution bill
| by the Reichstag seems now to be assured
the negotiations between the government
and the leaders of the Center party, es-
pecially Lieber and Groeber, having at
| length resulted in an agreement that some
amendments shall be Incorporated in the
BILL in order to enable the members of
| the Center party to claim that their votes
| are given for the measure for the sake
Of religion and morality. The majority of
the Catholic press. however. regard the ac-
ton of the Centrists in agreeing to sup
port the bill as a desertion of party pri1-
ciples and declare that 1t viii be condemned
by the majority of the Catholics of Ger
many. BY winning over the followers or
Lieber ard Goeber, who number between
thirty and forty. the government is sure
! to secure 80 votes for the measure and
/ this will give them a safe majority What
bargain the Centrists, have made with the
| government remains unknown.
Invitations will be issued by the govern
ment to all the maritime powers OF Eu-
rope and America to send war ships to
take part IA tha naval display and the
1etes which VIII toke place on The opening