The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-02-28

NO AID FROM ENGLAND.
The British house OF commons adopt
cs a resolution last Tuesday which.
while Il does not bind the government
60 take Affirmative action An favor OF
hi-msctalissm. 10 nevertheless strongly
Indicative OF the force working 90 that
end IN Great Britain and her colonies.
I. may not be generally known. but is
nevertheless a fact that not only 81 the
bi-meSaaAc league Of England becosn-
ing more and rnore potential and strenu-
ousiy inssstent upon a change IN the
financial policy OF the British govern
nsent- but that II has an organization.
the Eastern Bi-mesalllc League. with
hsadquarters At Shanghai This last
named organization n flooding the
csonies OF Great Britain and the gov
ernnents OF Europe and the United
States with pamphlets containing ar
tdcses from residents abroad. both off,
cad and unofficial. devoted TO conssdera-
ton Of the effect Of tise single gold
STANDARD upon trade with silver using
nationA
These publications, of which there are
many. argue that the appreciation OF
gold Is the cause Of the Industrial dis
tress In England: that Il operates TO
destroy trade between the mother
country and her colonies. and permits
and fosters. just as would high pro-
tective tariff, the establishment OF
manufactures In siiver-using nations of
goods heretofore furnished by British
producers.
Hon. George Jaaniesor. her Britannia
maJeeey's consul at Shanghai. and
member of the Eastern League. takes
the position that the characterization OF
silver is causing: Cd A loss to pro-
ducers IN England and other gold
using countries and a corresponding
gain 10 producers In siIver-using coun-
tries. CD A strong stimulus TO silver
factories OF their own instead of buy
Ing their goods from us (sngiand) as
heretofore, and (3) The gradual trans
fer OF the seat OF all the great indus
tries from gold-using to silver-using
countries.
These propositions are argued at
length by Mr.. Jameson in a pamphlet
issued by the Eastern League In octo-.
Der last. They are embodied In the reso-
luton passed by the House Of Commons.
and IN fba ,ssSsarst xxv,,,<,s -s,x,, 49,
and Germany in favor OF another inter-
national conference.
The fact that Sir williaan Harcourt
does not accept the reasons urged by
bi-netaliists as the cause OF worldwide
stagnation In industry and husbandry
In goid-using nations. merely shows that
he refuses TO see what was evidently
patent TO the House OF Commons. II Is
not likely. therefore. that, while the
government remains in present hands.
any movement on the part OF Great
Britain toward bi-metaliism viii be un-
dcrtaken. The closing sentence of his
speech in opposition To any change in
the British money system ought TO. and
win not imprubably. put the govern
messts referred 10 on their mettle. 'If."
said he. France and Germany. or any
other powers, wish to combine on the
question they can do so. but 1t Is not
Tor Great Britain to follow their ex-
ample"
This statement. this hoastful utter
ance OF the British leader. ought to put
at rest the idea that, white the present
party continues In power, any action
leaning toward bi-metaliisan will be
taken by Great Britain. In other
words, England win send her
delegates to the International con-
ference ito discuss with other
powers the means to mitigate the evils
which had arisen from the sissysrecia
ton In the value OF silver" but speci-
ahy instructed to say to the other dele
gates that under no circumstances Will
England unite with other nations Ia
remedy the evil by removing its cause
The nations Of the world, the United
States included. ought TO take ND this
gauntlet thrown down by the chief
III.
action would AT onee tend 10 constsic
tion OF her trade with all Silvex-usanr
and bl-nfetaiiic nations 1t would ousar-
ate between them and Great Britain rs
protective taEiff upon all imports,
stimulate home production and equal
'ze facilities for commerce and trade
between all parties 20 the compact. II
would render each swift and success
fal oomisestI,og with Great Britain In
her foreign trade: II would destroy her
manufacturing industries because OF
unequal competition. II would leave
her TO ssihssst solely uron the revenue
deTivahle frSsn her loans AMI enah,a
these who owe them - ernsss,eIrate
themselves by payment It would force
either change of policy. o. bankrupt
AL save her money teaners.
-
II CongTSSSSinea Bland a4,f Rrvan
Eats nh 81 49,