The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1896-11-05
BIMETALLISM SURE.
France Ready to Take the Initiative,
Foreign Election Opinions.

France Ready to Take the Initiative.
Foreign Election Opinions.
LONDON, Nov. 5.--Your representa-
tive has had an interview on the elec-
ton with M. Ribot, at Paris, the former
premier of France, who recently re-
turned from a visit to the United States
and Canada, NJ. Ribot said: "The
election of Mckinley does not surprise
me any more than the majority he OBJ
tanned. When left America at the
end of September it was apparent to me
that Bryan, in spite of his tremendous
effort, would not succeed. Yesterday
marks an important date in the history
of the parties in the United States. The
energy displayed by both sides in the
campaign, and the anxiety with which
the result was awaited, show clearly
that the stake at issue in the battle was
not simply question of gold or silver.
If Bryan had triumphed over the Re-
publicans even with the influence Of
former Democratic chiefs, with Presi-
dent Cleveland at their head, his sue
cess would have had, both from polit-
ical and social point of view, the
gravest and perhaps the most redoubta-
BILE consequences.
Mckinley is not altogether agreeable,
for without doubt we shall have to suf-
fer before long by return to an exag-
gerated protective policy in the United
States. In regard to monetary ques-
| tions, Yesterdays election shows in q
manner most evident that the solution
| to be derived is through international
| agreement. / have several reasons for
! thinking that the French government
is not altogether uninterested in this
question, and now that the presidential
crisis is ended we may without doubt
expect some init ative on, the part Of
France towards the other powers"
NJ M. Doubmer, who wasI minister of
finance in France in the late radical
ministry, said in part: "It is without
enthusiasm that the election of the pro-
moter of the American customs tariff is
received here. In Europe it is generally
apprehended that McKinley's presi-
dency will be unfavorable to the devel-
opment of commercial relations be-
tween the new and old worlds. On the
other hand the success of Bryan would
have had such economic consequences
and the perturbation caused i'll the great
financial markets of the world might
have been so great that few were those
|
J The result of the election i'll the
United States was received throughout
Germany with great satisfaction, ex-
cept by the bimetallists. A high Off
cial Of the foreign office said: "The
government is pleased with the result
and congratulates the American people
on ridding themselves for good of an
incubus and danger of financial up
heaval which would follow the unset
tling of sound currency. All civilized
nations will profit by the outcome of
the elections, and especially Germany,
owing to the intimate, important, COM
mercial and economic relations with the
United States"
However, Germans express fear of
Major McKinley's high tariff tenden-
cies.
The election of Major Mckinley to
the presidency of the United States had
a marked effect upon the securities in
England.
According to the general impression
the election will result in the rapid di-
minuition of the gold Withdrawals for
the United States, and there is no doubt
that Major McKinley's victory favora.
bly, effected the stock exchange through.
Cut.
| n ledulnB EuBllsn SIOCh DrOker, Ill du
Interview, said: "McKinley's election
has doomed the whole market. Large
buying orders from New York were
sent after the result of the election was
known in the United States and started
the market. This was followed by Eng
ish buying of American and English
stocks"
The Star remarks eve, in Eng
land, have great reason to rejoice at the
overwhelming defeat of the attack upon
the gold standard. Great evils may be
in store, but no high tariff can infiict a
tithe OF the ruin which Bryan's victory
would have entailed There will be an
immediate improvement of business
for the election Of Mckinley, or, rather
the defeat of Bryan, will restore conf
bility of the United States"