The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-11-05
MEANSTHE GENUINE
BIMETALLIO LEAGUE OF GREAT
BRITAIN Is PLEASED.

Manifesto VIII be Issued by That Powerful
ORGANIZATION, Proci,imIng That the
Victory of Mckinley, SO Far From OBJ
structing International Agreement for
BimetalIism, VIII Forward the Cause
John Bull Grumbies About the Tariff
Germany Prefers . Commercial to a
Financial Crisis-Paris and Vienna.
fCopyrighted by the Associated Press 1850
London, Nov. 4-The Birnetallic league
tomorrow will issue a manifesto claiming
that McKinley's election Is victory Ior
International bimetaiiism and quoting
the money plank Of the st. Louis plat
form.
On the Glasgow stock exchange all in
hustrial sellers strengthened On the re-
ceipt OF the election news OF the United
States.
The Evening Standard makes this
Statement:
Although Mckinley is the champion
Of the financial policy designed TO close
lhe ports of the United States TO British
goods, there can be no doubt that his de-
Ter of satisfaction in this country"
In late edition, the Westminster Ga
Eette says:
''The brokers found themselves over
whelmed the first hing this morning
with orders from American dealers 10
buy in their behalf. Such an enormous
amount of business has not been done in
the course of a brief period since the
aays of the mining boom, and it Is not
Dnly from spectators here that the de-
mand for Americans came. A very large
business, IN deed. was done in these Sc
eurities in foreign markets, and especially
Paris and Brussels.
GLAD IT'S NO WORSE.
A dispatch to the Press Association
from Glasgow says the general opinion
there is that McKinley's election will give
q great temporary stimulus to the British
export trade in order TO rush merchandise
forward before Mr.. Mckinley comes into
bffice. Higher tariffs are then expected
to be enacted. The sugar houses OF
Glasgow say they expect the duties on
refined sugars imported into the United
States will be raised two cents. With re-
fined sugars selling at nine shillings per
LOO weight the possibility Of loss to spe-
culators is small. II is believed A1eri-
cans VIII commence to buy largely for
December, January ard February deliv-
FRY. There Is no doubt there viii be q
rush to export wooden soft goods to
America. Ship owners forsee little bene-
ft, as most Of the stream tonnage has al
ready been chartered for spring. The
.ron7nssters say they have done without
America Cor two years and viii be able
to continue without single American
order. The chief satisfaction in business
circles is felt over the maintenance Of the
financial status quo.
GERMAN COMMENT.
Berlin, Nov Accommodating upon the
result Of the presidential election in the
United States. the Vossiche Zeitung
says: 'eThe downfall Of the American
silverites means the downfall of the
German silverites"
The Neuste Nachrichten remarks:
Just as the Democrat rs, during CIeve-
lands regime, did not abolish the pro-
tective tariff, but only slightly lowered
il, now the Republicans viii not restore
the Mckinley tariff. They must oiey the
wishes of the influential circles within
their own party"
The Voiks Zeitung states: 'sThe result
OF the election will lead to a general de-
sire upon the part Of the European ex-
porters 10 hasten the accumulation in
America of the largest possible stocks of
wares before the new congress makes the
tariff prohibitive. The victory Of Nc
kinney is thus an evil, but il is the lesser
OF the two. A commercial crisis will re-
sun but ii viii not be so disastrous as
q currency crisis. The tariff. If found TO
be Injurious, can be abolished, but to
substitute bad for good money would
have influenced the world for decades"