The daily morning journal and courier., 1897-01-30
NO PARTY LINES DRAWN
SENATE PASSES MONETARY CON-
 FERENCE BILL.

That Nations May Unite to Coin Silver
 at Fixed Ratio Is Not Chimerical =
 But Little Opposition.
 Washington, Jan. 29.--In the senate to-day during the debate on the mone- tary conference bill Mir Hoar of Massa- chusetts combatted the idea that the possibility of an international monetary arrangement was @ chimera or @ dream. He thought that the gentle men who expressed such an idea failed to take into consideration one or two facts. There was, he said, no doubt that very large majority of the peo- pie of the civilized world were in favor of the double standard of gold and silver. There were few people in this country, like the senator from Wiscon- sin (Mr. Vilas), who were not in favor Of 1t, but the democratic party, the populist party and the supporters of Mir. Bryan believed in the double stand ard. And the republican party, so far as 1t could be judged, had declared its belief in that doctrine and had pledged itself to promote 1t.
 Another exception to the doctrine was his honorable friend from Nevada (Mr. Stewart), who did not want for eign nations to enjoy bimetallism. That senator wanted to have money in this country so poor and cheap and mirerable that even a Jap or a China man would not touch it.
 T don't want it so dear" MT. Stew art interposed that an American can not get it
 MT Hoar-'The Americans have been getting on pretty we'll The wage-earn- CTS of the country have laid up fifteen or sixteen hundred millions in the savings banks. As to foreign countries, I had some exceptional and unusual means of learning something about that mat ter last summer while I was abroad. I had the pleasure of a long conver- sation with one of the foremost bi- metallists in France, M. Fougerol. This gentleman introduced last spring in the French assembly resolution de- claring that the present depressed con- dition of agriculture, manufacture and
 commerce in France Is owing to the characterization of silver, and pledging France to cooperate with other na- tions in it's restoration.
 'In the French assembly an import | ant measure is not introduced by one person alone but he gets the signatures of men who agree with him before it is presented. And that resolution bore | the signatures of, I think, 367 out of 45O delegates-at any rate, between | three and four fifths of their | number
 M. Moline. then and now, the pre- mier of France, made a speech on the question in the French assembly in which he declared that when other ! countries would re-establish silver l they would not have to wait for | France. Now that Is a pretty respec- table capital to start with in getting | this union among nations-the pledge
 of the republican party, the pledge of the democratic and populist parties, and 415 members of the French assem- ] bly,.
 "The gray headed and hoary hermit from Nevada (StewarD stands alone in
 this matter Uaughter)
 With one accord, without an excep- tion these representatives of these great French interests agree in saying that France is eager to unite with oth- 1 CT countries.
 Now come to London. I know well the power of that square mile in Lon | don where the accounts of the world are summed up and where London sits | taking her toll on the exchanges and industries of mankind. After the great | fire of London the great poet pictured the restoration of, the city of London, and that picture is as true to-day as | when it was written:
 "'Morc great than ever now, and more au- | gust
 Now glorifed she from her fires doth rise | Her widening streets on new foundations
 And opening into larger parts she flies | Now like a maiden queen she doth behold; | To her high turrets hourly suitors come: | The East with incense and the West with
 Shall stand like suppliants to receive her | doom.
 That is so,'' MT. Stewart exclaimed as the last sentence was uttered.
 "TIow is it." MT. Hoar continued, lon this question of bimetallsm in Eng
 land? had the opportunity of a full conversation with MT Balfour, the present leader of the house of com mons. He has made his opinions known in his signature to the great report one or two years ago made by the commits sion of which he was chairman; and he has made them known by his speeches in the house of commons This gentleman has made known in every way in which they could be made known his opinions in favor of the es- | tablishment of international bimetal- lism by concurrence of the civilized and commercial nations
 He defended that against the posi- tion of Gladstone and Sir William Har- court. I was at lunch with a bril- 1 liant company and spoke of that con-
 versation with Balfour, but said that l did not wish to repeat what he had said to me because I did not think that ! public men liked to have their opinions 1 related at second hand. When I said | that an eminent member of the pres- ! ent cabinet said: Why, Mir Hoar, it is no secret that MT. Balfour's opinions upon this matter are. those of a ma | jority of her majesty's government i MT. President, l am aware of the difficulty I suppose that if her majes- ] tvs government were to undertake to