The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-02-09

On-Labor Strikes.
BERLIN. Feb. S.-(Copyrighted, 1896, by
the Associated Press.)-The pressure
brought to bear upon the government by
The German bimetaIlists has resulted in
squeezing from the ministers statement
on the subject.
The imperial chancellor, Prince Won
Hohenlohe, in the reichstag today, made
the following declaration of the policy in
this connection:
We have gone exhdustively into the
question of raising and strengthening the
value Of silver with the federal govern
ments, being guided by the conviction
that the huctuation and heavy fall in the
price of silver entailed economic prejudice
in Germany. in spite of the fact that
her monetary system rested securely on
The gold standard.
ed on February II, 1895, the first point 10
be considered is the serious injury TO
German silver mining. The production
or German silver amounts to about nine
per cent. of the total output of the world.
The fan in price is not of much moment
in the immensely larger production OF
foreign ores. But to Germany it implies
such q decrease in value as 10 endanger
home silver mining
ANOTHER POINT.
Another point is its influence upon
German exports TO silver countries. There
IS no doubt that trade with them Is
made much more difficult by fluctuations
and the fall in silver, although lately the
fluctuations have been comparatively
small and those interested have been able
TO ind means of security against losses.
But German export trade in silver
countries has suffered from the condl-
lions of exchange.
i do not underestimate he added.
1.-The Importance of the effects produced
by this cause. But they must not be
placed too high. Our exports to silver
countries amount only to three and one
quarter per cent OF our total exports,
and in spite of the setback during the
months when silver fell, they. on the
whole. have made favorable progress
The official statistics prove that the de-
preciated currency OF silver countries
contributes to facilitate competition with
the exports Of these countries, until the
moment when a compensatng influence
rises ana home prices and wages eStab-
Hsh themselves. the final result being
that the silver coins become degraded TO
the level of paper money. This depre-
citation. however, does not endanger our
currency, because our trade is abund-
antly
SUPPORTED BY GOLD,
and the fmperia. banknotes, adequately
covered by the gold reserve and the sill
Yer money does not exceed the demand
which, even in times OF crisis is not
likely to diminish.
ION the other hand the danger from
counterfeit coinage has been increased by
the fall in silver although there was
only one case in 1898 Yet a fall in the
,,rice Of silver will always serve as an
inducement TO counterfeiting. Therefore,
although rise in the price of silver IS
highly desirable from an economic and
mint standpoint. yet no doubt the goal
o,,1x- no At Al
ing with the countries interested IN m
ternational commerce, OF which there is
no present prospect The blrnetaAlists
recognize in the reOpening OF the 1nulan
rl1ints a condition precedent to unlimlt-
&c coinage, and ] concur, as l belleYe
that otherwise all efforts TO raise lne
price are vain. The opening OF the lhoiSh
nints is not expected within measureaple
time as l have learned from preliminary
negotiations with the British govern
ment'
MONETARY CONFERENCE.
Prince HohenlohA concluded by saying:
a monetary conference would nor
bring the question nearer TO a practlcaI
solution. and. therefore, II appears 10 De
u ,esrable that Germany should take
the lead in sGmmoning conference. L ne
federal governments, acunG upon lhelI
conviction. have decided not 10 take
further steps IN pursuance of the reso-
luton Of the reichstaS. Of FEBRUARY ~
1895 If however. definite and acceptance
PROPOSALS promising success We're mace
on behalf Of another state Shan Gully
consider the question of German repre-
SertatiOn At a conference.
During the agrarian discussion in the
diet on "Wednesday iast, COUNT Oh
HOhensbroech declared that forty-nine Of
fifty cases OF trichinosis in pork as
covered in Germany We're imported from
America. and called for a more stringent
examination of American pork.
The colonial office is now considering
the new emigration bin. which provides
favors and inducements to be offered 10
German emigrants willing to 90 10 the
German colonies. where military service
may be performed.
COURT FETEs.
The court fetes were marred this year
hv the deaths of royalties brilliant
programme had been arranged; but the
demise of Prince Alexander Of Prussia,
and the death of Prince Henry of Bat
ienberg. as well that OF the Grand
Duchess of Oldenburg, compelled their
cancelling In addition the death Of the
Grand Duke Of AIecklenberg is expected
daily.
Emperor William has been much griev-
ed at the death OF Mr.. Theodore Runyon.
ambassador of the United States to Ger
many, which his majesty said, robbed
the court for the time being of one of
the most beautiful ladies in attendance,
Mrs HaskiDs, AlT. Runyon's daughter
There have been many changes in the
posts al court during the past week,
with the view OF getting rid of all OF
those who have been in any way involv-
cd in the Won Kotze scandal. which viii
lead to the retirement of Princess Fred
ericz Of Hohenzollern, and Albert of
Saxe-Altenberg 10 their estates.
STRIKES TOMORROW.
on Monday next quite a large number
of strikes viii be inaugurated in diff
ferent parts of Germany, the most i'm
portant being that of the Home Works
Seamstresses in Berlin, Hamburg,
Stettin and Breslau. affecting altogether
bricklayers, etc, are also declaring
strike and other trades it is announced.
will do Mkew ise. The building trades
strike. it is said, is in anticipation of
the demand for labor which will be caus-