St. Paul daily globe., 1895-06-25
sALIsBURY,s ACCESSION TO
POWER AS VIEWED BY THE
BIMETALLISTS.
PREFERRED TO RosEBERY..
CHAIRMAN MCREARY,. OF. THE
FOREIGN AFFAIRS COMMIT
TEE, LIKES THE CHANGE.
ENGLAND MAY ASSIST NOW,
But without Her the other Euro
pean. Powers Might Cooper
ate With America.

NASHVILLE, Tenn, June 23.-
Hon. James B. McCreary, chairman
of the house committee on foreign
affairs, Is in the city attending the
Democratic state convention, and is
running against Chairman Black
burn, of the committee on resolu-
tions: Mr.. McCreary was member
of the international monetary con-
ference at Brussels in 1892 When
seen today by representative Of
the Associated Press, Mr.. McCreary
English members of the conference
gives him assurance that the advent
of the Salisbury ministry will be in
the interest of bimetalliSm, as Lord
Salisbury, Mr.. Balfour and others
are more favorable than Lord Rose
berry and his associates were for
such conference. Mr.. McCreary
said he was more hopeful now than
ever before for such International
action as would settle the ratio be-
tween the metals He not only re-
CARDS Lord Salisbury as friendly
to an international monetary agree
ment, but very great statesman,
who will be more liberal in his gem
eral policy than Rosebery. There
were active friends in England of
bimetallism, and Lord Salisbury
would recognize them. Mr.. Nc
Creary referred to Sir William
Houldsworth, Balfour, Chaplin and
others who were friendly to bimetal-
lism, and who We're close to Sails
bury. While England had main
tanned a gold standard since 1916.
Mr.. McCreary had no doubt that BIZ
metal1ism had many friends among
the manufacturers, agriculturists
and business men in England, and
that this sentiment was growing
so that the ministry would be sus-
tanned in supporting an interna-
tional agreement.
EVEN WITHOUT ENGLAND.
Mr.. McCreary thought such an
agreement might be secured without
the participation of England, but
when an International monetary con-
ference assemblies in Europe it would
be very encouraging to have the
support of the leading statesmen in
the English ministry. The house of
commons has already adopted a res
olution that is regarded as favor
able for an international conference.
Germany, France and the United
states have taken action for such
a conference, and if England will
now cooperate, the metallic prob
lem can be solved. Mr. McCreary re-
garded Salisbury as better equipped
every way than Rosebery, for more
liberal and more enlightened policy,
which would extend to Nicaragua,
Venezuela and other American coun-
tries in which the United States is
interested. He thought England was
paying very little attention to Ha-
Waii, and that-the United States was
paying entirely too much attention
to these little islands. Mr.. McCreary
said he was not only opposed to the
annexation of Hawaii, but also to
any subsidy for a cable from San
Francisco to Honolulu. There were
fourteen submarine telegraphic
lines in operation, and all had been
built by private capital. If any
more such enterprises were needed
the capital should be found for them.
While Mr.. McCreary expressed him.
self as delighted in every way with
the change of the English ministry,
he was especially so in regard to the
prospect for an international none
tary conference.