The Banner-Democrat. [volume] (Lake Providence, East Carroll Parish, La.) 1892-current, 1895-07-13
An INTERNATIONAL BIMET-
ALLIC CONFERENCE.


recent date to the New Orleans
dailies estimates the chances of an
international monetary conference
being held this year under the aus
pieces OF Germany. 1t is stated that
six montbs ago in Introducing the
subject to the Reichstag, Emperor
William made the calling of con.
ference depend on the responses COM
ing from the various German gov
ernments. A majority of the Ger
man COVE, nments favor the calling
of the conference, and the chancellor
is going to see how the foreign
powers stand on the question.
At the last session congress agreed
that this government should take
part in such conference provided
it meant return to bimetallism and
settled ratio between gold and sill
yer as coin. Germany and the
United States stand about the same
on this question. If the other pow
ers could be induced to participate
In such conference, the chances of a
solution of this vexed question
would be quite promising.
France and Russia are quoted as
not being averse to conference.
England presents the greatest
stumbling block; for refusal on her
part to take part would be disap-
pointing. But the latest news from
across the waters is to the effect that
England is talking bimetallism con-
siderably of late, and the chances
are that she may participate. A
delegation from Paris is now at the
German capital endeavoring to Sc
cure conference, and the return of
1
the conservatives to power in Eng
land has given the course of bimet.
allism great imp etus.
Mr.. McCreary, of Kentucky, who
was member of the 1892 monetary
Conference at Brussels, express
great hopefulness of an information
al conference, and he says that the
chances are better than ever before.
The Times Democrat, speaking edi
torially on the question of an inter
national bimetallic conference,
says:
The Times.Democra thoroughly
agrees with the Kentuckian in hold
ing that England is In much better
condition to listen to and to discus.
propositions for a return to the
double standard under the present
Conservative or rather coalition gov
eminent than she was under the fal
len Liberal government. Lord Sails
bury himself, as Mr.. McCreary
hints, is more than halt bimetal
list; while his nephew, the RighI
! Hon. A. J. Balfour, the leader Of
the House of Commons is one of the
ablest and most ardent bimetalllst'
living. The Right Hon. Henry
Chaplin, who was in the last Con
servative Ministry and the Righ'
Hon. Sir. Henry James and the Mar
quis of Londonderry who will pro
, badly be in the new Ministry, are
also heart and soul in the bimetalliG
cause; and a Ministry that contains
FIVE such bimetallic leaders as these
Ia not likely,to oppose the assemb
ling of an international conference
looking to the restoration of the
dual standard among the nations Of
J the earth.
4 All the agitation possible in eact
country individually will never settle
the money question. 1t is our opin
: ion that the surest and most speedy
solution is by conference of thu
great nations. We may establish
monometalllsm or bimetallism II
this country, but that will not FL
the ratio of our currency with thu
other monetary systems of the world
What we want Is not only a dolla
worth dollar here in the United
States, but worth its face value IL
every market of foreign countries
This can be done by internationa
agreement.
I