The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1895-02-27

RESOLUTION FAVORING AN INTER-
NATIONAL CONFERENCE.
All Japanese Officers Serving in the
German Army Recalled to Japan
Martial Law Declared on the Island
of Cuba, Owing to Kecent UprlsIngs
Among the Natives.
Special to the RECoRD-Ux1ox.

! special TO the RECORD-UNION.
| LONDON, Feb. 26.-Robert L. Everett.
Liberal, moved in the House of Conn
mons the bimetalIic resolution. which
was approved on Friday last by the Par
Ilalnentary Committee of the Bimetallic
League. The resolution in substance was
Ihat this body regards with increasing
apprehension the constant fuctuation
ana growing divergence in the relative
value OF gold and silver, and heartily
concurs in the recent expression of onin-
ION upon the part of the Government of
france ana the Government and the Par
| lAhlehL OF Germany In regard to the
serious evils resulting therefrom. 1t
urges upon the Government the desira-
| olIlty OF cooperating with other nations
III an International conference to consider
what measures can be taken to mitigate
| these evils"
Henry Chaplain, Conservative, Sec
onded the resolution, and presented the
situation or India as proving the neces-
slty OF an international understanding on
the subject. He urges the Government
! 10 reopen the Indian mints provided tho
! other Powers reopen theirs, and to give
every lacllty Tor promoting the increased
|
| ing her own standard
! Sir " lIIIam ernOu HarcOurt admitted
| tnat The question was grave one. but
| denied that the distress in husbandrv
was due To the decentralization of silver.
! husDahury was never in u more ruinous
| state than during the period when the
| duaIty OF silver and gold existed and he
was as convinced OF the value of a mono-
| metaLIlsm as MIR. Chaplain of the vaIue of
! bimetallism. He reviewed the neootia-
| tlons with the Jnited States which led 10
| ne brussels conference, and said the
! British refusal TO discuss the PROPOSAL to
| open the mlnts OF the various countries
! tor the coinage of silver was the positjon
adopted by the present Government. and
| ne hOpeu II would be adopted Dy eyerv
responsible government. The plan Of
the late Government, however. had
| asFeeu 10 cohSluer what measure could be
taken 10 increase the use of silver in tho
currency between the nations. The reso-
luton was abandoned, owing to the on
! position OF the other delegates. and the
! result OF the conference was that the great
majority OF the delegates agreed in favor
Oh hlonometaIIlc currency and a gold
standard.
In regard to the recent attitude of Ger
many, there appeared to be an idea that
sne hat changed the opinion which sire
had held IN favor OF a gold standard. but
he Delleved the recent declaration of
AAiASO 4ICLCtIIOLo Ull lOG amount To anV-
thing OF the kind. The declaration. now
ever, no doubt implied a desire upon the
part OF Germany to discuss with the
| other powers the means to mitigate the
! evils which had arisen from the deDrecia-
! ton IN the value OF silver, If Germany
made proposals with that object in view
her maJesty's Government would bg
ready to enter the discussion with a
friendly spirit, while at the same time
adhering TO its own country. No couu.
try was so deeply Interested as England
IN maintaining the currency on q sound
! basis, and continuity OF this currency
policy was a necessity.
AS Mr.. EVeretps motion did not conn
init the Government to bimetaIlism. and
as the Government did not denv the
existence OF the evils referred to, and as
the resolutions only invited the Govern
nent to JOIN in any communications on
the subject whether in the form of a con-
terence or otherwise, with the great
States OF Europe, he would not opuosa
the motion. He was unwilling to place
the currency of this country, uDon which
commerce depended, at the mercy of any
foreign nation. lie declined to place the
currency of England under the control of
any international committee, adding: "If
rance and Germany or any other powers
wish 10 combine on tho question, they
can do so, but it is not for Great Britain
TO follow their example"
MIR. Everetps motion was adopted with
out division.