The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1895-06-01

The outlook For Silver.
SIR William Harcourt's reply. a. chan.
csllor OF the excheqner. to Q memorial
from bankers and financlers makes Il
clear that for the present nothing but
hostility 70 silver need be expected from
England. 4You may reply upon 1t, dc.
clares Sir William, aher majesty's gov.
eminent will give no countensnce to
any change In the fundamental princi.
pies OF our monetary system" He then
declares that 1t Il the purpose of the
government firmly to adhere to . single
standard. OF course Sir william speaks
only for the present liberal government.
What might happen II the conssrva.
dves were returned to power ID beyond
his province to declare.
In England the monetary issue Is
pretty thoroughly drawn between these
two great parties. The liberals are out
spoken for the single gold standard;
tho conservatives are open 10 conyic.
ton. The liberals have regard for the
banking and financial interests of the
country, snd for that element which
wants cheap food products. The con.
servatves are disposed to consider the
welfare OF the agricultural and manu-
featuring interests. The landed inter
ests desire the double standard, because
they have suffered enormously under
the appreciation Of gold and the cheap
ening OF food products. and the manu-.
factarers want bimetallism because
they realize that under the gold stand.
ard the exactions of capital have grown
20 great that the silver using countries
are driving them out OF many of the
markets OF the world. The gold stand.
ard forces have possession, and they
can also count upon the inherent con.
servatism OF the British public. The
prospect Ii. therefore, remote Of British,
conversion TO the double standard.
In Germany the bimetaliic cause ID
making greater Roadway. The emperor
Is investigating the question and is NOT
committed TO the gold standard. In
Germany the landed interests have
greater power than the landed interests
Of England. and the manufacturer
speak with = louder voice. Recen,
declarations In the reichstag and the
Pruksian diet make 1t plain that Ger
many would 60 into an international
conference with q leaning toward bi
metailism. Especially significant is the
recent statement Of Prince Bismarck
that he had always been bimetallist
but yielded his personal views % year,
ago 10 the opinions Of experts. Ths
sincerity Of this declaration can not b.
Questioned, because II was Bismarck
who compared the single standard TO ,
scant blanket for which many wer,
struggling and from which none wer,
deriving comfort. In the early EOS Bis
marcks great mind was full Of oihe,
matters. The terrific war with Francs
aud the formation Of the German EN-
plre had absorbed his entire attention
and genius. and he yielded his persona
views to the views Of experts who wer,
credited by him with greater knowl
edge Of finance than he himself pos
sessnd.
With the United States. Germany ans
the nations OF the Latin Union leagues
for the restoration OF silver, England
wishes would be Of small concern. Blu
her influence might become trouble
some, linked as IL would be with Ii,
support Of the gold standard men o.
the United States. OF late many sic
niAcant expressions have slipped GU
which indicate that Mr.. Cleveland an,
his associates are not only opposed I.
free coinage by the United Stated, bu
10 iiernational bimetaiiism, and ihes.
forces would seek 10 hamper any dele
CATION which this country might sen,
TO Berlin.
II 10 indeed . most difficult horoscope
Ultimately the world must come to bi
mctallism, but when g-Spokcsman Re
view.