The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-07-25
SO SAYS cHAUNCEY DEPEW.
ENGLAND ALREADY REAPING A
BENEFIT FROM THE FOOLISH
MISS or AMERICANS.
ENGLISH PEOPLE WANT NO WAR.
In the Main They Entertain ONLY m
Friendly Feeling for the Uni
ted States.

cey M. DepeW arrived on the 5LucanIa
this afternoon from Europe. having
been called here by the illness of Cor
nel1us Vanderbilt. He was taken from
the boat at Quarantine and brought to
the city on a New York Central ing
and went direct to Mr.. VanderbiIt's
residence. Later he discussed his brief
trip. He reached England the day
after the big Henley race, and. not
withstanding the disappointment at
Yale's defeat, he found great pleasure
In the later races. He was much de-
lighted at the way the Yale boys were
received at Henley, and also referred
gratefully to the demonstration in his
honor at the banquet given the Yale
boys by the sporting and athletic club.
THE Ancient and Honorable Artil-
lery company, of Boston, scored a won
derful welcome said Mr. Depew.
Their movements were sure of a col
umn in the London papers daily. And
royalty and the papers were alike hos
pitable. There Is an intense feeling in
Great Britain for the existence and
maintenance of friendship with the
United States. There is nothing which
surprises Englishmen as much, and
they cannot understand 1t, as the I'M
friendly, almost hostile, feeling which
prevails to such an extent in America
against Great Britain. There Is an
honest and hearty cordiality towards
us among the people of Great Britain.
The march of the empire and gigantic
evolutions and revolutions of the CEN
fury have obliterated from their MEM
oil recollection or knowledge of the rev.
dictionary war. They are practically
unanimous for permanent interna-
tional tribunal Of arbitration which
will render a war between the United
States and England iro~r TO
them the Venezuelan question is con-
trOverSy over a worthless swamp to
which they have good title. They
cannot understand what our interest
in this matter is, unless we intend as
Stunning, under a protectorate, the quar-
rels of all the republics Of South Amer
lea, and as this does not strike them
as characteristic of our hard-headed,
good sense,
But while these Impressions prevail
in the press and among the masses,
leading English statesmen have come
to quite differ in the conclusions They
may be summed UP in a remark at
tributed to Lord Salisbury, that the
American politicians of all parties are
determined upon war with Great Brit
ain, and IL 1T could not be had over
Venezuela, some other pretext will
speedily be found.
1.-THE dramatic and spectacular Chi
cage convention profoundly interested
the English, indeed all Europe. Bimetal-
lism is an academic question in Great
Britain and Mr.. Balfour its leading
advocate. The French have lost inter
u. ~
discussing it in their serious and
thorough way. The English farmers,
who are looking everywhere for relief
from their desperate condition. would
experiment with silver If they could.
The action of the Democratic conven-
ton has given international bimetal-
ism a body blow in Europe from which
it will require several years to recover
I saw several of its strongest advo-
Gates who said that this precipitate
movement was the greatest disaster to
their cause. They believe the sentiment
favoring it was growing rapidly in both
England and Germany. but the capture
of q great historical party in the
United States by the free coinage or
silver men had virtually killed their
party in Great Britain and paralyZed
it in Germany. They believed Internal
ional bimetallism could be brought
about by agreement among the lead
ing commercial nations without serious
financial or industrial disturbance. But
they also see that free coinage OF sill
yer in the United States alone will
drive gold out of circulation, and make
the cheaper metal the standard Of val
ue. And a f1uctuating standard will pro-
duce the widest financial and indus
trial revolution of modern times, and
throw every debtor into bankruptcy
and will put our country out or touch
with our EQUALS in wealth and power
and leave us linked in progress and
prosperity to Mexico.
'HThis movement has created wide
spread distrust of our credit and sense
Of financial honor. 1t only goes so far
now as TO check the flow of foreign CAP
ital to orr country for investment In
the DEVELOPMENT of our resources. Ii
it is believed the movement would sue
coed most American securities heId
abroad will be thrown on our market
for sale. and the money withdrawn for
use and taken to the other side for IN
yestnent there One singular effort OF
this distrust has been to give unpre-
cedented prosperity and employment
for capital and labor in Great Britain.
Everything which will employ capital
is pushed with feverish energy. Money
can be borrowed on account of home
investment at very cheap rates, while
it is almost impossible to secure 1t for
America at any rate of interest. Mu-
inequalities which a few years ago had
to pay and Az per cent now find their
bonds ca gerly sell for 21a, and conse-
qtlently there is great activity in inn
pfovements in cities and towns. giving
large employment and sustaining
wages"
Child Drowned.