New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-18
FOR STABLE MONETARY EXCHANGE.
A REsOI.UTION ADVISING AN INTERNATIONAL
AGREEMENT ADOPTED IN THE HOUSE
OF COMMONS

A RESOLUTION ADVISING An lNIEtNAl 'o'HH
AGREEMENT ADOPTED IN THE HOUSE
OF COMMONS.
rondon March lin the House OF Commons TO-
day Herbert whitley moved resolution ueei"'
,re thu, the House was OF the opinion that the III
.,u,,, =, tho relative value OF gold and silver
,,noa mo action OF the Latin Union In 1873 mas
nroved Injurious to the best interests OF the cou
try and urging the Government TO 90 everything
possible 10 secure. by international agreement
stable monetary par OF exchange between so'u anu
silver -
Sir Michael Hicks-Beach Chancellor OF the Elk
chsouer reminded the House OF the passage OF
resolution at the las. session urging the Govern
rnent 10 cooperate with the Powers III 'o"
ference aiming remove the evils arising from 'hc
fluctuations In gold and silver Tie present "oN-
eminent did not wish 20 recedc from that resou-
ton The Government was willing TO enter INTO
rsyo,,a,ons with the Powers for Il conference. but
n, the understanding that II not prepared 10
abandon the gold standard In the United Kingdom
Wries OF Hear. Hear") Some OF his colleagues
notably the First Lord OF the Treasury Mr Bal
four) were pronounced bmetallis,s but all agreed
IN thinking hat they would not be justified In de-
nar,ng from a gold standard In the United King
dom The prospects OF an agreement between the
European nations in favor OF bimeta!lisn were not
great. There doubt, II the Powers couid
agree regarding the use OF silver. that the Ihdian
Government would reconsider the question OF re-
opening its mints. All the leading English none
tarv experts held that the wealth o.: the country
had been built up on goa s,anoa,d ana Una, is
the existing system In view OF ina, opihio,h, no
responsible Government would propose 10 chahge
the present conditions
A long debate followed.
Sir William Harcourt. formerly Chancellor OK
House said he welcomed the declaration OF Sir
Intend to depart from the establisht1 monetary
system 1t no; cred!'abe 20 England. he
added. that until now doubt had existed as to nc
views OF the Government on this question This
ought 10 be the last appearance OF the bimeal'sis
! in Parliament.
! Treasury followed Sir William. and made SOME
what lengthy defence OF his known views as b.
The resolution then adopted. without d.
vision being taken.
THE COMMISSION NOT RECOGNIZED.
But SIR JULIAN PAUNcEFoTE SENDS A BLUE
BOOK TO THE VENEZUELAN MINISTER.
Washington, March 17.-Sir Julian Pauncefote re-
ceved several copies Of the parliamentary blue
book on the Venezuelan boundary dispute in his
mall this morning. and Of his first acts was 70
send message with a copy and his compliments
10 Senor Andrade. the Venezuelan Minister. who
had elready extended a similar courtesy when the
official Venezuelan correspondence was issued In
book form a week ago. At that time Sehor Andrade
presented two copies OF The volume to the British
Ambassador. and on the latters request six add
tional copies were sent from Venezuelan Lesa-
ton 10 the British Embassy These incidents indi-
cate that while there are no direct diploma tic
la;ions between the countries. cordial personal
relations exist between their official representatives,
at this capital
None OF tn" copies OF the British blue book re-
ceived by the British Ambassador to-day VIII be
presented 10 the Venezuelan Boundary Commits
sion which has not yet been recognized in any
manner by Lord Salisbury's Government The
ssa the state ' om
Ambassador Bayard, and the members are now en-
gagged in studying the arguments IN support OF the
J,rItieh contention.