The Corvallis gazette. [volume] (Corvallis, Or.) 1862-1899, 1897-03-12
BIMETALLISTS' vi
INTERNATIONAL ACTION
ONLY HOPE OF SiLv

s--
Important Expression of. yiew
tinguished European Bima
Result of the Late Electig
the Cause of True BimetaIli
Washington, D. C.-The bin
of Europe are clearly of Cpl
the cause of true binetallism Il
ly aided by the result of the. eli
the United States in 1896. Th
of the Bryan proposition :. th
would have meant silver mopomH q
in the United States, and the 30
a movement of this charaoe
have had the effect of delaying
national action; which m eansl
metallism.- On the other Ia
success of Mckinley, on plat
claring explicitly IN favor of
tional action greatly increases the
pect of cooperation by the 6
nations.
This is the substance of very -
esting symposium of views on in
tional bimeta1lisrn. from disting
English, French and German adv
Of the proposition just presented
senate of the United States by S,
Chandler.
These statements come. from
Aldenham, president of the B
Bimetallic League, DIR. Otto Al
honorary secretary of the O.
Bimetallic League and member
Prussian diet, and Edmond D'A
assistant general secretary of
French Bimetallic League. The
ments, which are of very recent
are especially interesting because
present view of the situation ipl
rope as affected by the recent ela
in the United States.
It is evident from the statemel
these three distinguished internafl
bimetallists of Europe that there i
concensus Of opinion among the frienS
Of bimetallism in that part of the worl
that the result of the late election j
the United States was decidedly advar
tageous to the prospects of internatiol
al bimetallism. Lord Aldenhan
president of the British Bimetall
League, says, in speaking of the recei
contest in the United States that M
Bryan's platform was .'less stab
than it might have been becaud
sinned against the canon 'unioa
strength. That which won was
cause of real sound money-not
English 'gold-and gold only -the-sd
legal-tender, but that which is now
common consent summed up in
awkward word 'bimetallism free cd
age of gold and silver at settled nd
into full legal tender money. ;"
adds: Perhaps before long our neJ
paper and leaf1et writers may come
understand that when Major McKi
declared that he pledged himself to
mote International bimetal iisn
meant what be said not what
wished him to say The Ca
of national bimetalism was defeated
the election, but the cause of INTERN
tional bimetalIism was victorious.
Lord Aldenham proceeds to disGl1
the progress of the sentiment of b
metallism in Great Britain and chow
that although in 1889 and 1890 intel
national bimetallism was defeated /
parliament, the sentiment has steadil
grown in that body until the house {
commons on March II, 1896, unani
mously adopted the following resoll
ton:
"This house is of opinion that
instability of the relative value of cd
and silver since the action of the Lati
Union of 1878 has proved injurious
the business interests of this count.
and urges upon the government the a
of doing all in their power
secure by international agreement
suitable monetary par of exchange b
tween gold and silver"
DR.. Arendt, honorary secretary of Il
German Bimetallic League sketch
the progress of international bimeta
lism in Germany, showing that Il
agrarian element is overwhelming
favorable to it and that while the pal
left is opposed to it, yet tt
right is absolutely bimetallic and til
center party is favorably disposed bd
cause it is obliged to keep on goo|
terms with the rural voter. Thl
of Archbishop Walsh, trana
lated for use in Germany has woi
many to bimetallism. The Germal
parliament can, in his opinion, be relieI
upon as a strong supporter of internl
tional bimetallism, though be is
opinion that without action by Engla1
in some sense favorable to bimetallisl
it is doubtful of the concurrence
Germany in the international action. !
M. Edmond D'Artoise, assistant gel
eral secretary of the French Bimetall
League says that international bimetal
lism has made rapid strides in Franc
in the past few years and especially s.
among the agrarians. He closes hi
statement by saying:
"Our hopes are today much greate
than in May, 1896, because we believ;
in France that the American presidI
tial election has resulted in reyea
to Europe generally, to England partI
ularly, the impasse into which goN
has led the world
The hated discussions which acconpa
MED the now famous election in thu
United States have shown conclusively
that internationalists are far more log
cal advocates of sound money thar
gold monometallists are, because of th,
stable par of exchange which they VI
% set up by international agreeme
between two monetary standards OF Z
world, silver will become again as sou
money as gold"
He expresses the opinion that Fran
will be ready and anxious to co-operal
With the United States, the Latin Unid
ind Germany in favor of internationa
The French Bimetall
League organized only two years agi
low numbers 1913 industrial and agr
societies, representing fifty
;wo thousand active members.
It may be added that in each cas-
he gentlemen whose views are quoted
" Senator Chandler, while extremely