Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1895-08-15
VEST ON SILVER.
Tho Missouri Senator Says the
Question Will Not DO Dropped.
ENGLAND FOR THE GOLD STANDARD.
The London Times Expresses Its Views on
the Monetary situation In the United
States THINKS There IL Too
Much Currency Here.

CARLSBAD, Aug IA, : 'oThe silver
q'N,twn will never be dropped In
America until FREQ coinage is passed."
said Senator George q. Vest, of Mis-.
souri,, here yesterday, replying to
questions put TO him by II representa-.
tive Of the Associated press concern
ing the Missouri Mississippi and Iowa
conventions "Iho people in the
east, he continued, believe 1t will
be dropr-sd as business revives;
pun ,ne overwhelming sentiment in
all the west and south Is In favor Of
free coinage. believe IL will surely
be passed In time, Whnt the result of
its passage will be, am unable TO
predict The whole Of the money
power of the east and the banks every
where will undoubtedly make 1t as
difficult us possible and try to furnish
striking object lesson, Fasteners
say we in the ives, and south do not
understand the question. But there
never was Il subject more fully dis
cuS'cd or more carefully studied
There is not a farmer in my constitu-
cncy who is not fully prepared to dis.
cuss intclligently all the bearings on
the question, and the sime state Of af-
fairs exist throughout the southwest :"
senator Vest was then asked to ex-
plan the action Of Kentucky md Iowa,
II the feeling was SO universal In re-
PITY he said: u cannot express an opn-
ion regarding Iowa until know how
the convention was constituted II 1t
was similar TO that of Kentucky, COM
posed of state officials and oflicchold.
ers, it is no criterion Of public senti-
ment. They would naturally coincide
with Cleveland and Carlisle. "
In regard to the prospects of nm in
ternational monetary conference, SEN
ator Vest remarked. ut is generally
conceded that the other powers are
awaiting the action Of England, and
from all accounts England will not
alter the gold standard A prominent
English official was here recently, a
gentleman who had the confidence of
the new ministry, and he had several
long conferences on the subject with
Mr. John Wanamakcr. lie said: Rest
assured that England will not alter
the gold standard. F"
Referring to the outlook ut home,
the senator stated that "thc gold re-
serve is steadily decreasing and the
treasury Is likely to be obliged to make
another bargain with the syndicate.
regard II as an outrage that we should
be obliged to pay bonus Of Sll, 900, 900
to syndicate, represented by Belmont
and Morgan, In order to prevent gold
Their contract expires In
October and there is nothing to pre-
vent them from again forcing the sale
Of more bonds or let the obligations OF
the United States go to protest, as
Morgan threatened Mr.. Cleveland be-
fore,
AN OPINION by THE LONDON TIMES.
LONDON, Aug, II An editorial In |
the Times yesterday morning, com
on cx.Secretary OF the Navy
remarks on the silver ques-
ton expresses the hope that Mr..
aspiration for an intcrna-
'ional agreement to rehnbilitate
silver will not be fulfilled. Amer
ea's previous efforts" says the
Times, TO create an artificial demand
for silver only stimulated its produc-
lion The same result would follow
IN, however larger scale the abortivc
project might be revived The Bland
md the Sherman acts failed to do the
rood expected OF them, and left a
egacy Of mischief, which gives prom
Sc Of long outlasting their repeal, .
The Times then proceeds with dis
mission Of the position Of the United
states treasury, and il considers that
the corn and cotton exports, in face
II our bad haryests, will serve to pre-
rent recurrence OF the gold drain
rom America. Americas currency Is
till in excess Of tho country's needs,
,nt II may be hoped that time and in
reasing population will remedy that
vii, and that no more stop-gap cxpedi-
nts will be required to deal with a
mischief which has been Of artificial