The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1896-07-14
SILVER AND GOLD.
International Bimetallic League
Holds Its Annual Meeting
in London.
Well Pleased With the Progress
of Their Cause Throughout
the World.
Address Delivered by General
Francis A. Walker Of Mas.
sachusetts.

LONDON, July 14.-The Bimetalltc
League of Great Britain held its annual
meeting in the Canon Street hotel. The
annual report declares that the cause Of
international bimetallism has made
substantially great progress during the
year, both in Great Britain and abroad.
1t mentions the resolutions adopted by
the chamber of deputies in France, and
the Prussian diet, declaring for bimet-
allism and continues:
"In the United States all parties and
classes would welcome international
bimetallism. Large section Of the peo-
pie there, however, are so strongly con.
vinced of the urgent necessity for the
remonetizing of silver, that they are in.
disposed to wait for international agree
ment. No party Of any importance in
the United States favors gold mono
metallism"
The report concludes as follows:
"The responsibility for the present
and growing dangers to the industrial
life Of the nation rests upon those who
oppose that monetary system under
which our property advanced by leaps
and bounds
A letter was read from Lord Alden
ham (Mr. Henry Hucks-L ibbs) presi-
dent of the league, in which he con-
graduates the members upon the great
progress which has been made in the
United States.
1T is indeed a striking fact" he
writes, "that this question which some,
here, affect to treat with contempt,
should be, apparently, the main politi-
cal question before nation of 20, 600. 900
people," ,~
Ignorance Of London Papers.
He then alludes to what he terms the
ignorance Of the London press upon this
subject.
"They joined" he said; 1.-The chorus
for honest money believing that these
words are applied in America to gold
monometallism, and not, as they really
are, to international bimetallism. What.
ever may be the result of the presiden.
tial election" Lord Aldenham added,
1--WE may be sure our cause generally Il
prospering."
The meeting was largely attended.
Mr.. Robert Barclay of Manchester pre-
sided. A letter of regret was read from
Mr.. A. ]. Balfour, first lord o; the treas
ury, who said that only illness prevent.
ed him from being present. Genera
Franklin A. Walker Of Boston, Mass.
made speech, which was greeted with
great enthusiasm. General Wake,
gave a review Of the silver question from
the American standpoint. He said The
all engrossing topic at the Republican
nasional convention at St. Louis wa.
the currency. Governor Mckinley, ht
said, was never a gold monometallist
and could not be II he tried. Genera
Walker read the Kohlsaat St. Louis res
olution on the currency issue, and tn,
Boston resolution regarding the golt
standard. both of which were heartily
cheered. General Walker continued:
1T is simply deeply to be regretted
that millions Of our best citizens, a.
represented at the Chicago convention
last week, declared for free coinage .
silver at the ratio Of let o /, withou
waiting for the action of other countries
This was done passionately, but tn,
effect will be to maintain the gOlt
standard unimpaired.'