The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1896-02-09
SQUEEZED OUT OF EN-
German Statesmen Express Their
Views on Bimetallism.
PRINCE HOHENLOHE'S IDEAS
They Have Succeeded In Discov
erinG some Diseased Amerl-
can Pork-Leading Topics
OF Political Discussion.
Copyrighted. 1896. by the Associated

Copyrighted. 1896. by the Associated
Press.
Berlin. Feb. s-The pressure brought
to bear upon the government by the
German bimetallists has resulted in
squeezing from the ministers a state
ment on the subject The Imperial
chancellor. Prince Won Hohenlohe. In
the reichstag to-day made the follow
ing declaration OF the policy In this con-
nection: I'VE have gone exhaustively
into the question OF raising and
strengthening the value OF silver at the
federal governments. being guided by
the conviction OF the fuctuation. and
the heavy fall In the price OF silver en-
tailed economic prejudice In Germany.
I'm spite OF the fact that her monetary
system rested securely on the gold
standard. As the secretary Of the treas
ury stated on Feb. "a. 1895. the first
point to be considered Is the serious in
jury To German silver mining The
production OF German silver amounts To
about per cent. OF the total output OF
the world. The fall I'm the price is not
Of much moment in the immensely
larger production OF foreign ores. But
To Germany IL implies such decrease
IN value so 20 endanger home silver
mining. Another point IS its influence
upon German exports 10 silver coun-
tries. There is no doubt that trade
with them is made much more difficult
by fluctuations and the fall in silver.
although lately the fluctuations have
been comparatively small and those in
tercsted have been able 70 find means
Of security against losses But the Ger
man export trade IN silver countries has
suffered from the conditions OF ex-
change.
''I do not underestimate" he added.
"thc importauca of the effects produced
by this cause. Eut th"y must not be
placed too high. our exports 10 silver
countries amount 70 5'4 ~ our total
exports. and iu spite OF the setback
during the months when silver fell.
they. on the whole have made favora-
hle progress. The official statistics
prove that tho deprecated currency OF
silver countries contributes TO facilitate
competition with the exports Of these
countries until the moment when
compensatlnr influence rises and home
prices and wages establish themselves.
the final result being that the silver
coins become degraded 20 the level oc
paper money. This depreciation. how
ever. does not endangar our currency.
because our trade Is abundantly sup
ported by gold. and the imperial bank
notes. adequately covered 10y the gold
reserve. and tho silver docs not exceed
the demand which. even I'm times OF
crisis. Is not likely to diminish. on the
other hand. the danger from counterfeit
coinage has been increased by the fall
I'm silver. although there was only one
20 IN the artea OF
silver VIII always serve as an induce
meut to rourterfeiting.
Therefore although n rise In he price
Of silver Is highly desirable from an
economic and mint standpoint yet no
doubt the goal can only be obtained by
an understanding with the countries
Interested In international commerce.
Of which there Is no present prospect.
The himetallists recognize In the
opening IF the Indian miuts "A condition
precedent u unlimited coinage. and I
concur. as 1 believe that otherwise all
efforts To raise the price are vain. The
opening OF the Indian mints Is not ex-
pccted within measurable time. as
have learned from preliminary negotla-
tI1ns with the British government"
Prince Hoheulphe concluded BY say
ing. a monetary conference would
not bring the question nearer 20 a prac-
tIcal solution. and therefore II appears
% be undesirable that Germany should
take the lead In suumoning A confer
ence. The federal governments. acting
upon their conviction. have decided not
10 take further steps In pursuance OF
the resolution OF the relchstag OF Feb.
Is. 1875. IT, however, definite and ac-
ceptable proposals promising success
I should fully consider the question OF
German representation at a confer
euce."
During the agrarian discussion In the
diet on Wednesday last. Count Won Ho-
hensbroech declared that 40 Of 50 cases
, OF trichinosis IN pork discovered N Ger
many were imported from America and
called for more stringent examination
Of American pork.
Emperor William has been much
griey.d az the death of Theodore Run
yon. ambassador Of the United States
u Germany. which his majesty s@<=
robbed the court for the time being or
one uf the most beautiful ladies in at
Tendance, Mrs Hasklns. Mrs. Munyon's
daughter.
ON Monday next quite a large num-
ber OF strikes viii be inaugurated IN
different parts OF Germany the most
important being that OF the Home
Works Seams trrssss in Berlin. Ham
burg SJettin and Breslau. affecting al
together about 5000 persons. The car
p-nters. brieklayers. etc. are also de-
cl1ruE strike and other trades. IL is
announced, VIII do likewise.
The Ihre Quarter Record.
san Diego Cal. Feb. S-McCrea OF the
Syracuse racing team paced by two
& ~ vs,FF