Arizona weekly citizen., 1896-12-05
INTERNATIONAL B1MErALLIsM

minister Review" contains sn article on "The Prospects of International bi' metaIlisn,," by G. Keith Msrischsi which is replete with suggestions or great prest practical value. The article possesses real interest for Americans from the fact that 1t start> from the point of the free silver agitation in this couEtry.
 The author begins his discussion by expressing the opinion that the result of the election in this country will not set tie the silver question. He, however. eonoeives that the question will present itself in another phase for treatment, and that it will thereby cease to be national question and become sn inter- sstionsl one. He supoorts this view of the situation by showing that even the gold party favors international bimet- aiiism, and thst the repu blican party IS pledged to seek the co operation of Eu- rope 10 the esta ablishment of system of interuatlonai b,uetsliic currency. He then reveals the purpose of his ar. tiole @ folloss: "It may, therefore, not Dc unprotitsbIe at the present lunc- tues tu endesvor to ascertain what the position of bimetsllism ss an interna- tionsl question l., aud to wsrn the American people xhst snswer they are likely to receive in the event of their invoking the assistance of the powers of Europe ID the settlement of what is to them . grave national difficulty.
 MT. Msriechai seems to regard the set. clement of this question ss permanently postponed. He points out the fact thai France and the other ststes of the Lstip Unien are wholly influenced in their action on this question by the monetary policy of G,est Britain, Ger many, Aus sria-huDgsry and Rutsia. This is, of course, . nop sequltur 60 far ss the main question is concerned. Accepting tb. above statement ss accurate. the logical force of the argument turns upon the probable attitude of Great Britain, Ger many, Austria-HunRsry and Ruesis. 1t is true that Mir. Msrischsl attempts to gauge the future policy of these govern ments bY their position on this question in the Brussels International Monetary Conference If 1892. But is this leRiti- matef We gre inclined to believe thai Q deduction So arrived Rt must bs incon- clusive. A broad induction of facts is certainly favorable to the opinion that . subetsntisl change of sentiment has occurred ID the prir cipsl European ns- tions on this GU biect. and tbst the trend of the prevailing pu blio thought among theee monetary powers is decidedly in the direction of an international basis of bimetsllic currency.
 It cannot be justly asserted that Great Britain determines the policy of the other Euroupesn powers on this question. The plain fact is, that b. me.allism has a stronger endorsement sad sspport today in Great Britain than in any other European nation. So late % last March the House of Commons adopted, without . division, the follow ing resolution:
 "Thst this House is of the opinion tbst the liability of the relative value of gold snd silver since the action of the Lstrn Union in 1873 hss proved in- furious to the best interests of this country, and urges upon the govern ment the advisability of doing all in dts power to secure by international agreement 8 stable monetary par of ex- chsrg- betS cen gold and silver"
 Mr Marischal IS of the opinion that that this expression Of sentiment by Britieh eta.eemeu IS utterly meaning less. The opinion is purely personal. eud, as we believe, entirely grstuitous. Such views gre alec injurious. They encourage such declarations ss that made editori.ly by the New York "Sun" to the effect thar "bimetsllism is c dream, and always hes been . dream"
 Of course therA is scarcely any thing