The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1897-08-13

The forthcoming issue of the Ma
tional Review, published in London,
will contain long article upon the
success of the American Bimetallic
Commission. The article confirms
what has already Leen cabled on
the subject by the correspondent Of
the Associated Press, and says:
at is now generally recognized
by all except ostriches that Great
Brittain's chief contribution will be
the reopening Of the Indian mints,
which all who appreciate the ques
ton must regard as a splendid SUBJ
|scription to the common pool"
This is the most authentic in
formation which has yet been Ie-
Iceived as to the course which Eng
gland will probably pursue in the
direction CT silver restoration. The
opening OF the mints OF India to sill
yer will, as the National Review
says, be splendid subscription to
the common pool" 1t is much
better that any one expected, and
there are those who will question
the truth of the statement even from
such an authority as the National
Review, not because they have any
doubts that England long since dis
covered what a mistake it was to
close the Indian mints, but for the
reason that the reopening of them
would be virtual admission that
the policy Of demonetization was
wrong, at least, wrong for India.
If an information conference takes
place it will be made very plain by
the representatives Of the United
States that the reconciliation Of sill
yer is desired by large majority Of
the American people whether En-
gland agrees to cooperate in the
policy, even to the extent Of reopen
ing the mints of India or not. There
are reasons why England should
continueto oppose silver restoration.
Being the creditor nation Of the
world the evidences Of indebted
ness which she holds against other
countries must be paid in gold if the
gold standard is maintained. 1t Is
therefore to her advantage that the
United States and other independ-
ent nations should continue the gold
standard, while it is not to her ad-
vantage that India should do SO.
The closing of the mints has result
ed in great distress throughout that
province, in consequence Of which
England has been compelled to send
a great deal Of money there in the
way of charity. She would prefer
to have India self-supporting as Can
ada and Australia are, and this con-
dition might reasonably be antici-
pated if there was more money in
Indiana. The reopening Of the
mints OF India if it is done at all,
will not indicate any change Of
heart on England's part, but will
only illustrate again, the selfishness
which controls all of her policies
of government.
How any American can doubt
that the same reasons why silver
should be remonctized in India are
good in this country it would be
difficult to see. There is not enough
money in circulation there to facili-
tate all of the activities which make
up general commerce. The case is
the same in the United States. We
have not money enough to keep our
many factories going, to give en-
ployment to those who are willing
and able to work, to pay our debts
and TO have something to lay aside
at the end Of the year. With every
resource in full operation no one
would lack employment at fair COM
pensation, debts would be paid and
the homes Of the people would be
cheered by the consciousness Of
prosperity.
One thing seems to be settled and
that is that the International confer
e. c will take place, and that En-
gland will be represented in it. The
continuous growth Of the free COIN
age idea in the United States makes
it certain that President Mckinley
will appoint to this conference men
who are in sympathy with the pre-
vailing opinion. The European
nations will be shown that whatever
they determine upon this country
at last intends to remonetize silver.
Courier.