The Evening dispatch. [volume] (Provo, City, Utah) 1891-1895, 1895-06-07
PROVO CITY.
JUNE z. 1895
FIX A DATE.

We do not hesitate to give our read
ers the following article from the ST.
Louis Republic. We have written the
subject 30 often apd our readers being
in thorough accord with US, will thank
uE, for giving them the article which is
so much better expressed than any
thing we can write on the subject;
Mr.. Coudert sees further ahead than
most people who talk about silver. He
says that some of the abest authorities
on finance in Europe are'convinced that
unless an international arrangement
effects a change the old countries must
face the certainty that the United States
will adopt free coinage alone.
Consuming power in the United
States is so great that no European
country can afford to lose its trade
here. England, Germany and Belgium
have invested immense sums in Amer
lean securities. While the United
States might suffer from a radical
change in its currency laws, Europe
would suffer too, and perhaps much
more severely.
Ii the next congress, or, better still,
the coming session of the present con-
greBs, would fix date for opening the
mlnts TO gold and silver on equal terms
and establish commission to study
meanwhile the basis of sound free
coinage, Europe would be disposed to
do something to meet the inevitable.
And if Europe did procrastinate, we
could adopt our own system for our
own advantage, and the practical GER
tainty is that in few years at most
Europe would De compelled to follow
in one way or another our example.
The United States hold the key to
the situation. If they act with both
frmness and prudence, silver can be
restored to its place in the currency OF
nations.
There may not be much promise of
results from an International confer
ence at this moment, though, as Col
Onel Morrison says, the subject Is SO
important that every effort should be
made TO get results.
But let the United States declare form
ally that on certain date the mints
will be opened, with or without the CO.
operation Of other nations, and a con-
ference held after that declaration
would be confronted with a condition
which would scarcely admit shuffling.
Bimetallic sentiment las already
reached in every European country d
stage where statesmen ADMIT Its force
and do not deny that the force may be
q controlling one before long. The
United States can bring the contro
versy to crisis all Overt the world
not by an empty statement of desire
hut lNvv n fcfrr oolp
purpose,
The Republic has long believed that
if the United States would quit argu-
ing and give notice that at certain
date tree coinage would begin, other
nations would either take steps to CO.
operate or be forced to fix their pol
icies SO that we would know just what
the terms Of a safe and fusinesslike re-
sumption OF free coinage would be,
The Gordian knot would be cut and
the future would be settled.
A declaration so delivered to the
other nations would be the first az
sumption Of financial leadership by the
United States. 1t would be digni-
fed assertion Of our power which the
rest of the world would be constrained
to both feel and respect.
Tell all the nations that we are about
to resume free coinage and will ex-
anime, in company with them if they
choose, without reference to them If
they refuse, the terms of resumption,
and the currencies of all the others
would be reckoned and arranged from
ours, whether they followed ours or
not. The United States would be more
influential, more respected and mcre
feared than ever before,