The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-10-23

SGe r-ess@s sSTsl N-7snsrt~ - aS-1e, ard
even l5w@v- SzrA s2lL apart treza cshe-
6Asaser1s -szalss. ua4l8 -e-sssitRxe asssz-
--1r1a sax224on % re s-eZa. 9. -azy
C-eres
Ire reply then p-ncse5s = poszt eus t-ac
-1e proposed aE-es-sr- wegls - = -eca
r7-e serso-s zasseicz - kn5ss tas1 scr
t1a Ensed States anE F~a~cs as t1s
waaie rssk ~ disaster f-osn sazsars woul1
fa3 1pz2 TuA = ~ agreement broke
&1Eu. tss United Sta-ss ard FraEce ceut=
take r-ees1ztcrs against a ssp,eGn1 of
tas- Ecss reserves. b1a Il T-1a s9s rt1rea.
wnez re cCliRgss cane. wraiS esl& s@ss-
lo1E z1t tss government w1Gis Esys 10
remedy sgal2s- zcceuasts-s n 80 ex-
c1azSe g t11lRs stsr1ATf - raf1s y -
tse destinations r tne price % silver Ths
rsply continues.
Fer = IRE Tassar rns-ts are rsorersi
g SILVER aoH, Z witi ee practically lulpcS-
S.ess Tor tns government aver - ~sose
tneT a-1 z i were possible. il woul&
- Nzky after arre aGastto-s had - "a
t5oz~
AFTER nodng that "the s9eer ot the asai-
ti1z scheme wea-i8 prcAs hlv - an ia-
crease n prices la France ard ere x--stsf
States. HEE decrease sa Taf8a 2 change
which France ard the United Ssatss
'wouta contemplate VITA s4lanzn1iry.
waica ~cssl1 bs ua-lteSs3v tunpossS 20
india" ths reply suggests ghAt the Tnste5
states As de1atiess partly Inspired "a
making its proposals by fear - expert
earlsg some d31SczIeaes and dangers xhlch
Iads Aas already surn0aneed after year,
Of e1hzrr2sSneat
The Whole Worlds Aid Needed
Then follows the oplnioa thst IusIs +
or ths p0ins - securing q stable exchange
of u peEee per rupee. and Il would D. sx-
cHgdtuEgy foolish 20 throw away TIE nesi-
al as zsr- - F-4-
proposals which. Z they Jailed of their
Intended ohteet. wou'a place Ind pe-fua-
neuElY Gr8er the silver Standa ID wfth al
its admitted Disadvantage
.NothinE bat assured SUCCESS eossla ms
CgT InGia n faiuiax IN the sxrerf -ssr,ts
and Cur oelief = that ne proposals. viii fail
- secure permanent ratio 81 iSa~ . =
Ore reason for this eonGlas3nn IL thas eha
arrangsrlent would ~ on TOO rarrax A
bass Tes union ef swo countries Nh a
fhtrd lending ASS esnce. g a very asNer-
ent iatng ron ne International aniau -
a majority 0f he important countries ~
tae Eortd advocated ny tAe fCTiaa gov
garment IN 6is1ascees f2Fwaryfe3 IN
Ser -enher fSsS
I'VE douat wsether sny Two or three na-
were Grea, Britain. could astzhli=h ths re-
CURED S.ar4ltfN L e. Cer-7fn rhat F~srre.
The Cai,ed States and india coule not"
Why the Experiment waald Fail
Ths reply proceeds 20 discuss various
reasons why the experiment would no;
sacCegd.
"FIrst-Francs and the United states
seeing the prospect az total disappear
ance Of gold coinage before the prics os
silver had risen - the Intended ratio
nignt take measures 70 prevent the ex-
port Of gold
-seeon6-Ejthsr country might De re-
daced 70 a payer etrrency. in which case
The agreement woalS cease TO operate.
r-F 81 Tz1
be cpe1 % gTester risk or term ina ton by
one or TWO parties tnan a uany-siied n
ternationa& agreement. besides whfeh
either France Or TIRE United States rnfrht
some Gay think some other nation was
benedfsnE a. is expense. and this would
lead 20 discussions as 20 the eXpeGlen-v
OF The ternafna ton % the agreement. dis
ctlssiors only less serious than actual ter
mirstiou-
For these reasons alone. without con-
stderIug objections 20 tire particular - ito
proposed. we DO not hesitate TO recommend
that YOUR loreship refuse 20 give the an
deFtakinE desired We shall be wiling %
consider what effect cooperation q any
other nations Il secure8 may have on
the problems but we believe that cur best
policy IS to link ourselves % Great Brit
Proposed Ratio Too High.
Thay then proceeded to argue that the
ratio ef I5is 70 l Is too high. and would
immensely Increase the difficulty They
decline TO join in a union based thereon.
azd add:
We presume that a union based upon
ratio low enough 20 suit our interests
wouid not be acceptable 70 France and
the United States"
In conclusion the official dispatch intf-
mates that the present proposals might
have been favoTably considered IN Ise9
but 'fthe experience of the last few years
has made the position very different"
The dispatch Is signed BY Lard Elgin.
the vicer0y of India Sir George Stewart
White. commander in chief q the British
forces IN India and extraordinary mem
Der IN the council % the governor general
and By the following ordinary members
OF the council:
Sir James westland. financial member
of the council. 81 John Woodburn. rna ior
general. Sir Z II Collin. Hon. Macksn-
Eie DalzeH Chalmers ard Hon 4. Trevor
The correspondence concludes with
Lord Sslfsbury's dispatch % Au1bas ssador
Hay. the contents of when have already
Lsea eabIsd 20 The Associated Press