New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-07-14
ADVOCATING BIMETALLISM.
FRANCIS A. WALKER ADDRESSES THE
LEAGUE IN LONDON.
HE DECLARES THAT NO GOLD MoNOMETALLlsT
PARTY EXISTS IN THE UNITED STATES
THE ANNUAL REPORT OPTIMISTIC
IN TONE-LORD ALDEN
HAMS LETTER.


HAMS LETTER.
London July 1s-At meeting OF the b'"e'a','o
Ieapue held here to-day address was delivered ny
Professor Francis A. Walker the American po'''."'
economist and Superintendent of the Census OF tne
limited States of 1870 and 1882 Professor Walker was
chec,e as he arose and frequently interrupted
nv bursts of applause. He declared tha' no gu"
monometailist party existed IN the 'hi'eu '
and said that he would stake his honor tha' !. We
metallic convention proposed 10 the u''ea
states bv the principal sound-money men OF Europe
80 Americans would tumble head over heels In well
coming the proposal Senator Gray. PROFESSOR
Walker said would find few men to JOIN MI" !" w
position 10 a proposal for common ra,i' "'
co,i and silver WHAT the silverites rea'iy "e''e'
he continued was silver imitation Niie! sepaIa'.i
from these men were the real bimelallists Oh '"c
United States.
Nothing Professor Walker declared. could DE more
,rf,undcd than TO say that the Republican Natiohai
Convention held In St. Louis had prohouhccu III NV
~ pod rnonoYne a ism. Mr.. Mckinney ne sa'u' ia"
never been a gold monometaist; ne couio ITO. ue
one ~ he tried lie had always been bimelaiis'.
M. tr.arsncs If a gold standard in the United
c,a,.s ,,,s not rendered whit less secure py rea-
sor NJ ANYTHING that was done at the Convention
held In Chicago. but, despite much Heh"'! ao''e
from this side OF the ocean. the united STATES was
not going 10 pull other peoples ches'hu's our "a w.
fire and would remain devoted TO the refap'i'a''o"
of silver as money metal and always ready 70 mari
s,cri,ces "a that end. The bonds OF the uhi'eu
States he added would continue TO be pa'd III sou
or tic equivalent and the credit of the United states
would continue to be high as II had ever pee'
since she had triumphantly vindica'ed her natcha'-
Nv In the war Of secession Professor walker was
vociferously cheered as ne Tesu'"cu '' '
close of his address. ..
The annual report Of the League was re"u =. ~
secretary 1t was optimistic in tone. dcciar'''s
that international b.metalIlsm ma" mao "o,'
worthy progress in all the countries wherS 'n ,e
question had been discussed, n aIItsr adope1 by
he popular Chambers Of PRUSSIA. franc. an ,hn
oeJ States all the political parties and al classes
Of business men would welcome the estansnmen NJ
Of International bmetasm Srse however 80
thoroughly convinced OF the necesst! LOT d IN
- wall Tor an international agreement 10 that emu
The report further said that no parry Ul ,pT CON-
n Ame fSe neO5f SSd
for the present and growing dangers the vh ho
life Of the Nat syat rss'S unaer
S oPp1se Sa aavaDced BY leaps and bounds
,Ss rm Of the anthony Gibbs Son and
director of the Bank Of England was not pieS'm,
at me m eonsratuiatei the League the progress
blmeaisn had made N the tnitea S Ssr ~ h
me ssrIf,s which. in some quarters IN England
was treated with contempt should apparently pc
he main political question before the pe'p'' Vi '"'
A AudlSs to general attitude Of the Lona9a
had joined the chorus camorins Tor hon EST
money believing that honest est, IN .me
matte Of acs s, was cl Speae SS To the he
S aanproaching Presidential election in the United
states the b1netslls;s could be sure that their
cause "i balfour. Firs; Lord OF the Treasury and
leader in the House Of nc commons mi a was
s sspee5eSS y ii Illness n from being present.