Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1896-07-15
BIMETALLIC LEAGUE.
Members See announcement for
the Cause in the United
States.

London. July 13.-The Bimetaliic
league of Great Britain held its annual
meeting today in the Canon street hotel
The annual report declares that the cause
of international bimetaiiism 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 Hessian Diet declaring for bimetal-
lism and continues:
In the United States all parties and class
'es are favorable to international bimetai-
liSm. A large section of the people there,
however, are SO strongly convinced of the
urgent necessity for the remOnet1Zlng of sill
yer that they are fndisposed to wait for in
-ternational agreement. No party of any i'm
portance in the United States favors gold
recommendation.
The report concludes as follows:
The responsibility for the present and
growing dangers to the Industrial life of the
nation rests upon those VINO oppose that
monetary system under which our property
advanced by leaps and bounds.
A letter was read from Lord Alden
IN IN (Henry Hucks-Gibbs), president of
the league, in which he cOngratulates
the members upon the great progress
which has been made in the United
States
st is indeed striking fact" he writes
S'that this question which some here af-
feet to treat with contempt, should be
apparently the main political question
before a nation of 70,OOO,000 people"
He then alludes to what he terms the
ignorance of the London press upon this
subject. ''They joined" he said, ''the
chorus for honest money!, believing tina
the words are applied in America to gold
recommendation, and not, as they really
are, to international bimetallism. What
ever may be the result of the presiden-
tial election" Lord Alderman added,
we may be sure that our cause gener-
ally IS prospecting"
The meeting was largely attended.
Robert Barclay of Manchester presided.
A letter of regret was read from a. j.
Balfour, first lord of the treasury, who
said that only illness prevented him
from being present. Gen. Francis a.
Walker of Boston, Mass, made a speech
which was greeted with great enthusi-
asm. Gen. Walker gave a review Of
the silver question from the American
standpoint. He said that the alien
crossing topic at the Republican national
convention in st. Louis was the cur
rency. Gov. Mckinley. he said. was
not be if he tried. Gen. Walker read
the kohlsaat st. Louis resolution on the
currency issue and the Boston resolution
regarding the gold standard. both of
which were heartily cheered Gen.
Walker continued:
1T is simply to be deeply regretted
that millions of our best citizens as rep
resented at the Chicago convention last
week declared for the free coinage of
silver at the ratio of Is to 1 without
waiting for the action of other coun-
tries. This was done passionately, but
the effect will be to maintain the gold
standard unimpaired.''
Among the distinguished gentlemen
present We're Lord Iddesdale. Sir Thorn
as Sutherland, William E. Tomlinson, J.
W. ID. Scott-Montague, H S. Forster,
Mr.. Frewen. Lord Sherborne and Prof.
Foxwell and L. D. Price and others.