Santa Fe daily New Mexican., 1896-03-25
PRESS COMMENT.
The Proposed Conference.

The country is again going to hear
great deal about an international none
tary conference, and again it Is sought to
convey the I'M preston that this confer.
ence is to be called IN behalf of silver
money.
1t is an old bunko game. just rs soon
as the people of this country become
thoroughly aroused to the iniquity of
monometallism, this promise of re-
spectiul hearing of silver, promise as
bare as a bone at which the wolves have
gnawed, is thrown out to them, and it is
expecued that it will quiet them.
What can there be In an international
conference for America now more than
the past has contained9 NO more, posi-
lively less than ever before. Is America
any stronger financially than she was in
those other conferences which we're abso-
lutte failures? No. She is weaker; first
because she is deeper in the debt of the
worlds dictator of money matters, and,
secondly, because she has u running and
increasing deficit. She would have to
appear in that conference as a chronic
borrower and as party that is not liv-
ing upon her income by millions of dol
short of it, and neither patriotism nor
J hypocrisy can cover it up.
In the proposed conference, as in those
Of the past, America would be opposed
! by and Germany and France dictated to
I by England, the worlds creditor. Is any
man fool enough to believe that the Brit
ish capitalists, whose business it is to
make millions of profit ont of the neces-
stiles of nations, will voluntarily give
over the plucking of 80 fat pigeon as
America has proved to beS Did anyone
ever know pawnbroker to ask for legis-
lation reducing the legal rate of interest ?
Did we not witness, year ago, the sub
lime spectacle of British money specula-
tors buying U. s. bonds at Wholesale and
clearing $1O,000,000 in as many weeks by
retailing them, and are the people of this
country silly enough to believe that Brit
ish or any other capitalists will volun-
tarily put an end to such golden oppor-
tunities? Gan not England and does not
England raid our gold reserve whenever
she likesf Can not England and does not
England compel US to keep that reserve
full of gold for her? And yet the pro-
moters of this international monetary
conference pretend that this dictator OF
the worlds finances, this worlds creditor
is going to voluntarily give up these ad-
vantages when asked to do so by Amer
lean members of that conference, which
members will probably be at heart ad.
verse to asking England to do any such
thing, because they will have been ap-
pointed by goldbug president and rep
resent elements in Wall street which are
the agents of or in close touch with the
foreign money sharks.
There is only one thing which En-
gland fears, and had she not feared ii
this great nation of ours might have
been nation of great paupers long ago
1t is that the American people will throw
of the yoke, and become sole dictators
as to the size, form and substance of the
money they use. At present the people
seem to he considering ways and means
for such financial rebellion, and this
international conference is thrown out as
sop. There ia even tender allusion to
it in the Ohio Republican platform, un-
der which it is hoped Candidate McKin-
ley may be excused for confining hie at
tention entirely to other issues, quick OF
dead. An international monetary con.
/ ference is known to be harmless to it's
prom oters and to those who will take part
IN it. It has been known to fool most OF
the people some of the time. 1t is e1-
peoted that it will fool some of the peo-
at this time Cleveland, Ohio, Press.