Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-07-03
nINrETALLIsM IN EUROPE.

Our readers ought to be familiar with
the name of Moreton Frewen, Judge
Hughes's friend and English correspond
ent We abate not one jot Of our wish to
see sound money filling all the channels
Of trade, but neither can we refuse TO let
such men as Mr.. Moreton F'rewen be
heard. Without comment, therefore. we
give to our readers the following letter:
London, June nth.
Dear Mr.. Merrlck: Thank you for your
letter. and for your book. which l snail
read with interest You in the States
have at last arrived at that currency
crisis which every intelligent student has
seen so inevitably advancing.
I affirm with strong conviction that the
vay would have been prepared during
the mast three years for an international
settlement of this great difficulty mad IL
not been for the fortitude OF just one
man-your President. Mr.. Cleveland Is
paying the penalty for the obstinate de-
termination he has eVlnced throughout 10
thrust your country into not merely the
gold standard, but the suai'es' so-u
monometallism.
Those of US who have been ardent
workers here for international bimetal-
lism have found ourselves at all points
crossed and defeated by Mr.. Cleveland
actions and Mr.. Cleveland's emissaries
He has sent Mr.. Atkinson over mere on
= speclal mission TO try and persuade
those in the present Cabinet-such men as
AIR CHAPLAIN and Mr. Balfour-that they
v.re "cranks"-that the concurrent legal
tender of the two metals was impracti-
cable Mr.. Balfours difficulties within
| Lord Salisbury's Cabinet were IN any
case very great. They were maze IN
fnjtely greater by the ridicuie poured on
the whole project OF currency REFORM oy
Mr.. Cleveland, Mr.. J. Sterling Morton
Mr.. Hoke Smith, and others Inc
eneeches and absurd letters of these gem
| tlemen were six months ago 10 De iouhA
i'm many of our daily papers.
| 60 imnossible had become the position
(and In this connection i know OIL what
I am vritinso of those members OF our
government who were pledged 10 currency
| reform, because OF the attitude or the
government at Washington. that last year
we for the time gave up the struggle.
| rsioicn then. in the revolt of the Demo-
| c~etic marty. and ] venture TO say, also
| that should that party be successtuI III
electing a free-silver President ana Con-
ross before Mr.. Cleveland goes out OF the
| White House an international arrange
| ment Will nave Dteh stcuicu'
The Rothschlds here-the wealthy IN,
vestors I'm every capital in Europe-could
not afford to sit still and see your coun-
try "go it alone" Europe will respond
to your spirited initiative. II the
limited States pledges itself to I'M
mediate free coinage. emphati-
caIlv believe that Nj. Meline, on
behalf OF France, will offer free mintaSe.
we here are pledged to reopen the Indian
minis. while the delegates to the recent
conference at Brussels, which l a,teiueu'
go nc every encouragement TO hope
mat Germany. Austria, and Russia would
in the event of free coinage In the United
states and France agree to purchase a
large quantity of silver annually 10 swel
=, NAV add. if they can get hold OF the
metal AT all. Believe me. with much re-
gard. yours very faithfully:
eIe,gned, MORETON FREWEN.
To Hon. G. G. Merrick, Denver COL