The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1897-01-29
MISSION OF WOLCOT'T.
Silver Men Deride 1t In the
Senate.
CONFERENCE BILL CONSIDERED.
White saws There Is No Purpose to OPP
nose the Measure, but Declares 1t VIII
Do No Good-Stewart Offers an Amend
ment to the Bill

w,sHTSGroS. Jan 27.-The Wolcott
hill for an international monetary con-
ference has been considered Tor the first
time in the senate Mr.. White Dem,
Cali. and Mr.. Cannon lind, Utah) and
MIR. Daniel Dem, Va.) urged that the
conference would be futile and was not
intended as a serious movement toward
bimetallism.
MIR. White spoke derisively of Mr..
Wolcott's trip to Europe aS the repre-
sentative of the coming administration
in behalf of bimetallism. This envoy
antecedent had not met with the most
nearly reception, if the cable reports
could be believed. but had been referred
by British statesmen TO their brothers
ON the continent. Mr.. White said the
senator from New Hampshire (Chand-
ler). in his leisure hours from the sem
ate, edited a newspaper which con-
tanned an article which Mr.. White had
read at the desk amid some amusement.
1t spoke of Senator Sherman as the
great leader who would solve the prob
lem of bimetallism.
Turning to Mr.. Sherman, Mr.. White
asked the Ohio senator if he was ready
to assume the task mapped out for him.
lncTG WAS llO DUI DOSt 81 Ae'A 10 HS
knew, Mr. White proceeded to oppose
this measure, as it was felt to be HARM
less, while it might satisfy its promo
tiers who might feel that 1t kept some
of their promises, yet, with this act,
they were doomed TO certain failure.
When it had remained unacted upon,
some other device might be resorted to.
The senator referred 60 the lonesome
ness of the proposed commission, gong
about and seeking nations with whom
TO confer He doubted if anyone
would be appointed TO this commission,
unless some large emolument was at
tached TO the places. Ii was futile
movement, declared the senator, and
having relieved themselves of the finan-
cial question by this harmless device,
its promoters would then turn their at
tention TO levying more taxes.
Mr.. Cannon Qnd. Utah) urged an
amendment directing the president
of the United States to call the confer
ence and reciting that the purpose was
toward securing a ratio between 10 to l
and I6 TO l. He said the WOlcott bill
merely relieved Mr.. Mckinley, leaving
him the mere administrative duty OF
appointing commissioners
There was belief. he said, that Mr..
Mckinley, III his holy of holies, enter
tains a conviction favorable TO bimetall
ism and the bill should be made broad
enough to permit the coming president
to aid in the accomplishment of this
great end. instead of retiring into a
passive and administrative attitude.
As to international conferences in gem
| eral, Mr.. Cannon said he had little
faith in them. and ii would be about as
| difficult to galvaniZe life into one of
| the PharaOhs as to get any definite re-
| suits from such a conference. The
| senator referred also to Mr.. WolcOtt' s
| trip to Europe and said little was to
| be expected from this ''dIlletante dali
| ance" with great questions involved.
Mr.. Stewart Pop, New offered an
amendment prociding that in case the
| international conference failed to ef-
feet an agreement as to bimetallism
then, within 80 days after the adjourn
ment of the conference, the secretary of
the treasury shall coin all gold and sill
yer brought to the mints into standard
silver dollars and such gold coins as are
now provided by law.
| Mr.. Daniel, referring to Mr.. WOlcott'
! trip, said it was a remarkable and pa.
thetic spectacle to see this solOurn tC
the foot of the British throne. The
American people going to Lombard
street and seeking interviews with Eu-
ropean financiers presented an impress
sive picture which deserved a place il
the rotunda of the capitol. The sena
tor referred satiricallv to crusade fol
bimetallism in which Mr.. Sherman wa
to be at the head of the crusade.