The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1897-09-04
CHEERING TO SILVER MEN.

WI. tlOlclOll Il "CH, thC olotii
guished English bimetallist has writ
ten a letter to Judge G. G. Goodwin,
editor of the Salt Lake Tribune
which carries considerable cheer to
the hearts of all silver advocates.
The position of Mr.. Frewen among
the foremost economists of the world
lends weight to his letter. And
while there may be men who know
more than he upon the money ques-
ton it is safe to say that there are
none who more closely study current
events, or who more keenly analyze
those events into cause and effect.
He says in his letter:
1t is announced here today that
her Majesty's Government will not
be able to reply to the joint repre-
sensations of your currency commiss-
toner's and the French Government
until October at earliest. This be-
ing the case, you will be anxious as
to the significance of the delay.
The situation here is extremely
complex. The personal factor-the
attitude of a half dozen men, here,
in Berlin, in India-upon this seems
to be turning at this moment, the
monetary history of the twentieth
century. Your men it is only fair
TO admit, have done extremely well
here. | was one of those who
thought that little good could come
of such a mission at such a time. L
feared that it might side track the
energies of silver men on your side,
while adding nothing to the o
ment of public opinion here. But
this is 0 the case, and | am quite
surprised at the serious way in which
the right people here are discussing
the problem.
You see, our people have never
had any particular respect for your
financial methods; indeed, why
should they! Thus the movemen
of a great Nation; the bimetallism
of Bryan, the bimetallism of McKin-
ley, had quite failed to impress us.
But this quite unexpected movement
toward free coinage by France has
come as a bolt from the blue,
French finance has always appeared
to us wholly admirable. That thrift
ty, conservative France should adop'
the attitude, that the two great Re
publics could safely ego it alone
if our Indian minis reopened, and
Berlin would agree to take Il littl'
silver annually, and sell none-it i
hardly possible to overrate the mora
effect of such a development as this
1t is not America then that is toda,
dragging forward an unwilling
France; it is rather France about t.
become the target Of your gol
press. When Wolcott returne
from France last February and dc
clared that Meline, the French Prim
Minister, was in a likely mood, h
said very little more, and the thin
seemed to us wholly improbable
But here is Baron Courcel, til
French ambassador, collaboratin
with your men at every step, an
Meline declared to a friend the oth'
day, eff we (the Government a
put out because of our support
silver, we shall not be out long
You can then imagine the surpri
of our people at the attitude of Il
French Ministry. Bryan, we we
told, was a low fellow; he was a "r
pudiator"-a "fifty-cent-dollar' ma
but here is a French Governme
working quietly for a ''forty-iv
cent" dollar, for IA ratio of | to ID
and our press, in dumb surprise, h
not yet found any adjectives.
1t is strange bat the member
this Cabinet from whom the lea
was hoped, Sir Michael Beach, t
Chancellor of the Exchequer, is a
parently the most anxious of all
help things forward to a speedy Sc
tlement; while on the other ha
that member whose speeches in t
past have done the most to alou
public opinion here, to the gre
dangers impending, is today MAXI
all the trouble within the Cabin
refer t o Mr.. Goschen, who was t
Chancellor of the Exchequer
Lord Salisbury's former Cover
ment. 1t was this same Mr.. Gosc
en- who, when representing this &c
eminent at the monetary conferen
in Paris in 1878, said:
''The general effort which won
be made on every hand to get rid
the white metal might occasion
gravest disorders in the econon
world and produce a crisis more d
astrous than any within the memo
OF men," 1t was he also who d
soribed the gold monometallic the
ry as "mischievlous" and "Utopiar
Is it not amazing that when by co
SEM of other nations, we are to ha
gold here, if we rigidly demoneti
gold in India, making India still t
free silver ''sink"-is it not amazi
that Mr.. Goschen, who has broug
us all to recognize the shoals tt
"o mo 80 .l1,ll --.