The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-02-27

London, Feb. 26.-0dr. Robert L.
Everett. Liberal. moved. in the house
of commons, the bimetalliC resolution.
which was approved on Friday last by
the parliamentary committee Of the
Bimeta1nc league. The resolution in
substance was that I'VE regard with
increasing apprehension the constant
fluctuations and growing divergence in
the relative value of gold and silver
and heartily concur in the recent ex-
preston of opinion upon the pzgt OF
the government of France and e. gov
eminent and parliament Of Germany
in regard to the serious evils resulting
therefrom.
1T therefore urges upon the govern
ment the desirabilfty of cooperating
with other nations in an international
conference to consider what measures
can be taken to mitigate these evils
situation of India
Henry Chaplain, Conservative, sec
ended the resolution and presented the
situation of India as proving the nee
essity OF an international understand
ing on the subject. He urged the seS-
eminent to reopen the Indian mints,
provided the other powers reopened
theirs, and to give every facility for
promoting the increased use of silver
in England, short of changing her own
standard.
Sir William Vernon Hareourt adj
mitted that the question was q grave
one, but denied that the distress in
husbandry was due to the demodAtiza-
ton of silver. Husbandry was never
in a more ruinous state than during
the period when the equality Of gold
and silver existed, and he was as con-
WINGED of the value Of nnononnetallisrn
as Mr.. Chaplain was OF the value OF
bimetallism. He reviewed the ne6otia
ton with the United States which led
to the Brussels conference, and said
the British refusal to discuss theAro-
posal to open the minis of the val 1us
countries for the coinage Of silver WAS
the position adopted by the present
government, and he hoped it Nod be
adopted by every responsible SFyern-
ment The plan of the late g0Verna
ment, however, had agreed to consider
what measure could be taken to In
crease the use of silver in the currency
between nations.
In regard TO the recent attitude of Ger
many, there appeared to be an idea that
she had changed the opinion which Sne
had held in favor of q gold standard. but
he believed the recent declaration of
Prince HOhenl0he did not amount to any
I thing OF the kind The declaration. how
! ever no doubt, implied a desire upon the
I part Of Germany TO discuss. With the
I other powers, the means to mitigate the
evils which had arisen from the dePre-
\ citation in the value of silver. If Ger
many made proposals with that object In
! view, her maje5ty'5 government would
4 be ready to enter the discussion with q
\ friendly spirit, while at the same time
| adhering TO its own country. No COM
< try was 50 deeply interested az England
I in maintaining the currency on a sound
I naSig and q continuity of this currency
\ policy was a necessity
/ AS Mir. EVerettS motion did not COM
( nit the government to an agreement in
regard to bimetalhsm, and as the govern
| ment did not deny the existence Of tho
evils referred to, and as the resolutions
\ only invited the government to join in
any communications on the subject.
whether in the form of a conference or
otherwise with the great states Of Europe,
he would not oppose the motion. lie was
unwilling to place the currency OF this
4 country, upon which commerce depended,
I at the mercy OF any foreign nation He
declined to place the currency of Eng
land under the control Of any iQtfTnd-
tional committee, adding.
If France and Germany or any other
I powers wish to combine IN the question.
\ they can do 50. But It Is not for Great
/ Britain to follow their e1dmpleFE
4 Mr. EVeretts motion was adoptel BTfth-
out division.