The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-07-14
BlMETALLlSn.
Meeting of the League of Great Brit
ain in London.

ain in London.
LONDON, July 13.-The Bimetallic
League of Great Britain held their an
nual meeting today. The annual report
declares that the cause of bimetallism
has made substantial progress during
the year, both in Great Britain and
abroad. 1t mentions the resolutions
adopted by the chamber of deputies in
France, the chamber of representa-
tives Belgium, and the Prussian diet,
declaring for bimetallism, and contin-
ues: In the United States all parties
and classes would welcome internation-
al bimetallism. A large section of peo-
pie there, however, are so strongly con-
WINGED of the urgent necessity for the
reconciliation of silver that they are
indiSpoSed to wait for an International
agreement. No party of any import
ance in the United States favors gold
mOnometallism.
The report concludes as follows:
1.-THE responsibility for the present and
growing dangers to the industrial life
of the nation rests upon those who OPP
pose the monetary system under which
our prosperity advanced by leaps and
bounds"
A letter was read from Lord Alden
ham (Mr. Henry Hucks Gibbs, presi-
dent of the league, in which he con-
graduates the members upon the great
progress made in the United States
Ills indeed a striking fact" Lord AL
denham wrote, that this question,
which some here affect to treat with
contempt, should be, apparently, the
main political question before a ma
ton of 70,O00,0O0 people,
Lord Alderman also alludes to what
he terms the ignorance of the London
press upon this subject. They have
Joined" he said, the chorus for honest
money. but fully believing these
words are applied in America to gold
monometallism, and not as they really
are to international bimetallism."
Whatever may be the presidential
election" Lord Alderman added, I'VE
may be sure that our cause generally
is prospering."
The meeting was largely attended.
Robert Barclay of Manchester presid-
ed. A letter of regreat was read from
A. ]. Balfour, first lord of the treasury,
who said only Illness prevented him
from being present.
General Francis A. Walker of Bos-
ton, Mass, made a speech which was
greeted with enthusiasm. General
Walker gave a review of the silver
question from an American point of
view. He said the all-engrossing topic
at the Republican national convention
DIT 81. LOUIS was lIlS CulIGuSJ quSo-
ton Governor Mckinley, he said, was
never a gold monometallist and could
not be, if he tried
General Walker read the Kohlsaat,
st. Louis. resolution on the currency
issue and the Boston resolution re-
garding the gold standard, both of
which were heartily cheered.
General Walker continued: ut is
deeply to be regretted that millions of
citizens as represented in the Chicago
convention last week declared for the
free coinage of silver at a ratio of Is
to l without waiting for the action of
other countries. This was done pas
sionately, but the effect will be to
maintain the gold standard unim-
paired
Among the distinguished gentlemen
present were Lord Lidderdale, Sir
Thomas Sutherland. Mr.. William E.
NJ Tomlinson, M. p; Hon. j. e. D.
Montague, NJ. P; Mr.. H. S. Fos-
ter, Mr. Morton Frewen, Lord Sher-
borne and Professors Foxwen, Price
and others.