The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1896-07-30
NO ADVICE FROM FOREIGNERS.

An effort is being made at the present
time by the Obi -MetalliS" League of
London, England, to influence public
opinion in the United States in favor OF
the election of Mr.. Mckinley. We do
not want any advice on this subject from
foreigners and we resent it with patriotic
Indignation.
The British Bi-Metallic" League is
an enemy in the disguise Of friend. It
consists OF Messrs. Gibbs, Grenfell,
Lauderdale aud five other ex-governors
directors and ex.directors Of the Bank Of
England, besides several hundred share
holders, dependents and friends of that
powerful institution. These gentlemen,
finding large silver sentiment in Eng
land, especially in Lancashire and among
the classes interested in the East India
trade, conceived the ingenious idea OF
forming League devoted to what they
called international" bl-metallism, into
which League they might invite all the
friends Of silver and there paralyze and
render abortive their demands for the
restoration Of silver money in England,
by postponing the reform to the impossi-
BILE day when it should be simultaneously
adopted by the commercial nations Of the
world. Thus far this scheme has sue
ceeded but too we'll. All the advocates
of silver money in England-and they
number many thousands OF influential
people-have been induced, in the hope of
currency reform, to join this delusive
League, though in doing so, they have in
fact postponed such reform to the Greek
calends. Some of them, detecting the
cheat, are backing out of the League; but
their discovery of its artful character
comes too late The surreptitious altera-
tion Of the British mint laws in 1870 (by
which the Queens prerogative to restore
full legal tender silver coins by proolama-
tion, was destroyed), an alteration effect
ed by Mr.. Crawford, then Governor Of the
Bank, cannot now be undone. The Lam
cashire Cotton Trade has gone to India
and Japan, never to return. British trade
with India and British influence in the
Orient generally, has received fatal
check.
Having pulled the wool over the eyes
Of their own oountrymeD, the managers
of the Bank and the League are now
turning their attention to the United
States. They are spreading their baneful
international" literature all over the
country; it should be consigned to the
paper basket. They are parading Pro-
fessor Walker as an American, who Is
friendly to the remonetization of silver;
he is nothing of the sort. His recent
declaration (London cable dispatches
dated July 13) that "if bi.metallic In-
ternational) convention was proposed to
the United States by the principal sound
money men of Europe, the Americans
would tumble head over heels in weloom-
ing the proposal" is little less than an
insult to the people of the United States,
who, in their great popular conventions,
namely those of the Democrats, the Popu-
lists and the National Silver party, have
again and again expressly repudiated this
artful foreign heresy, and demanded the
free coinage of silver dollars at the ratio
of 16 to /, Independent of any other
nation.
Money is in institution of law, and to
embarrass its regulation and stability by
foreign treaties might lead to an impair
ment of the sovereign power Such i'm
pairment has befallen nearly every state
that has hitherto entered into such a
treaty. Scientific men have shown that
international monetary unions can only
benefit the capitalist states; whilst the
patriots of all climes have denounced the
proposal as reasonable.