The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1897-09-18

Habit of Making such Admissions -
| Rsbld Against America.
| London. Sept 1.-THE Westminster
/ Gazette this afternoon IN is financial
article comments upon The letter OF thu
governor OF the Bank OF England. Mr..
Hugh c. Smith. 70 the chancellor OF the
eSchequer. Sir Michael Hicks Beach. an
nouncing that the bank IS prepared %
carry gu; what Is permissible in ia
charter. namely, 70 hold in silver one
Attn OF the bullion held agains: is nots
issue. providing always that the French
mint is again open 20 the free coinage
OF silver and that the prices at which
silver is procursble and saleaSle ara
satisfactory.
The newspaper mentioned says:
Although the governors statement
Is perhaps meaningless so far as praclcs
is concerned. II IS zoe deeply 6ep!orei
that the bank has budged from It's prin-
ciple. Il is not dignihei for the Ola
Lady OF Thre ldneedle Street 20 filrt with
the b.metallic f9diists. We want gold
against out notes and there Is no reason
why an oil statute. passed when silver
bore an entirely different character.
should be returbIshed az the bidding OF
those who want 20 dispose OF silver.
The banks reserve ia not 50 large that
II can De tinkered with. Moreover. by
Welding IN these matters OF principle wa
open the way 10 the thin edge ot tho
wedge L. the threa f. carried cut what
a. a. l..
men OF a trustee. who declares that he
would feel compelled 70 sell his banjo
stock AMI 50 close a Kiss"
The ST James Gazette says on ihs
same subject:
the scheme seems % be knocked on
The head Tor the present: but the recep-
ton OF even this feeble announcement
In the city will have an effect anything
but favorable 70 the oinetaillsts. A
substantial element 81 Indignation arises
at tie teellns that the government and
the bank have been doing a little iiplo-
macy at our expense and Cor the adva1t-
age Of Americans The United states
has done nothing to make such a RISKY
polieneSs 20 the silver men ca our part
popular in this country"
this afternoon. has this 70 say on This
announcement % the governor OF the
Bank OF Englan1;
The whole scheme Is lnnovating and
mischievi0us. II seems % us wholly un-
desirable and even perllous 20 subject
our monetary system 20 foreign IN
fuence through the government: II. az
should have been done the proposals oe
the United states end France bad been
handed % the directors without Official
recommendation Or pressure. Il can
scarcely be doubted that The directors
would have firmly declined 20 further
;hese projects.
The letter o: the governor Of tbs
Bank o. England strengthens the I'm
preston among the bankers that 10
government intends 20 scceGe % the b.
me tsliic proposals later and u j. also IN
as a reply - request from
ne government o the bank. asking the
latter % cooperate with the former
But II - though, that ihs fan IN no
price o. silver since he letter Bss written
may change the program.
There ls considerable dir.atis>action
On the subject among the stockholders es
the Bank % Engians Rasoert Benson.
a prominent banker. ga0 hold 10000 e
stock ag Trustee. has notified ne 5ank
be- ziI SCI y ne silver policy a insB-
y1ra.eI sn1 he adds that other trustees
si'l 10 the same
Lizzie Rock. Ak. Sep, I7-Sesr ne
it.ie town of Richmond. IN I.fts River
.ouH.y. Marisa Bi,linEsi~T fc5,3rei) ven:
= caur n. leaving her ave ch.i9ren. fns
.lies, being u years q, age. ioc<s1 IN no
l0use- Aoo8t 10 o'c.oc< ne bos-s csszss
iFe and burned - Tie xroBn1. ths fys
a!i5-en being burned - dean.