The herald., 1895-03-03
ENGLAND WILL STAND FIRM
Feeling Against Change in the Monetary
System Strong
Opinions of Leading British Papers on the
Question of BimetaIIism-Action
of Parliament

New York, March "A special dispatch
to the World from London says: Except
in Manchester, where the bmetallic feel
ing is very strong, the action of Parlia-
ment the other day has invoked very lit
tie comment in the English press, but in
both Conservative and Liberal journals
in London the tone is very strongly
against any change in the monetary sys-
tenn, or indeed any alteration in England q
attitude if Germany calls an international
conference in the form that was main
tanned in Brussels.
In the Liberal ranks none of the leaders
are even doubtful on the point, and if the
present government remains in power at
the date of sending delegates they are
certain to be instructed to commit Great
Britain to no action in the conference
which could alter her present single
standard.
Although Mr.. Balfour is an avowed BIZ
metallist, and is quite certain to be Pre-
mier when the Conservative party comes
in, he has pledged himself that his
private views on the subject shall not
Lord Rosebery are still confined to their
rooms with influenza.
To correspondent who called at Mr..
Balfour's residence and sent up request
for statement of his views, was sent
down the answer Mr.. Balfour is ex-
tremely sorry that he is too ill to deal
with the subject at present." Mr.. Cham
berlain said: 1T is subject on which l
am not inclined to give an opinion just
now"
The fact is that the great distress in In
dia and great depression in the cotton
manufacturing districts of England have
made the question a very serious one for
the politicians; and as shown in the de-
bate in Parliament the other day. they are
very chary of committing themselves.
at is possible that the clamor from In
dia will become So great that English
delegates might consider a proposition to
reopen the minis there in case an inter-
national agreement is effected.
The Statist boldly says that if the United
States opens her minis India would GER
tainly follow her example
A curious incident of the discussion is
that the Republique Franchise asserts
that the German Emperor is the most
suitable arbitrator in this most import
ant international question.
The German bimetallists are pushing
the project of a conference vigorously
and the Kranz Zeitung says IF in our
leading circles the immense social i'm
portance of the question were recognized,
we could confidently reckon on its solu-
ton, for our Emperor would assume COM
mand and lead us quickly and irresistibly
to victory; but in view of the informa-
ton on which his majesty has to rely, we
fear much misery will have to fall upon
the peasant population and all connected
with it before appreciation OF the social
Importance OF the currency reaches the
steps of the throne
Washington, March 2.--Sir Moreton
Frewen, the English bmetallist, who
has frequently contributed to the free
silver literature of the United States and
who is at present in Australia studying
the financial problem, has written Repre-
sentative Bland letter of coincidence on
his defeat in which he says: - am great
" concerned to notice from the election
returns that you, of all men, should have
shared the fate which has overtaken So