The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-06-03
ENGLISH BIsIETALLIsTs.
They Consider the Prospects of Inter-
national Action NerY HnnefuI

national Action Very Hopeful.
MANCHESTER, June 2.-The annual
meeting of the BimetalIic League opened
here this morning. There was a large at
tendance, including over fifty delegates
from labor associations. The lord mayor
of Manchester presided and welcomed the
delegates Letters of regret were read
from Lord Aldenham, head Of the firm of
Anthony Gibbs & Sons, a director of the
Bank of England the first lord of the
treasury, A. ]. Balfour; the president of
the local government board, Mr.. Henry
Chaplin; Mr.. Alfred De Rothschild, the
consul general for Austria; the Duke Of
Fife, the Marquis of Lorne and others.
The annual report of the league expressed
the deepest regret at the death of Gen.
Francis A. Walker, of Boston, classed as
"one Of the greatest economic authorities
of the century" Continuing the report
said the most important event of the year
was the election for President of the
United States, when Bryan pOlled $780, 900
votes on the platform of national bimetal-
lism and Mckinley polled 7,000,U00 votes on
national bimetallism." The report then
referred to the support alleged to have been
given to international bimetallism by M.
Meline, the French Premier, in the Cham
ber of Deputies, and touched on the mis-
sion to Europe of Senator Edward o. VOL
colt, of Colorado, which was so success
full that it led to the appointment of the
special mission now in France, to which IL
is earnestly hoped such cooperation Will
be accorded by leading nations that an
international agreement will be concluded
at an early date" The report concludes as
follows: ''While the necessity for inter-
national bimetallism was never greater
than at present, the council can, with con-
fidence, affirm that never since 1873 have
the prospects been so hopeful. In view of
the Serious attempt now making to secure
a settlement on an international basis, 1t
earnestly calls on all friends of monetary
reform to double their EFFORTS during the
coming year
Lord Aldenham's letter of regret says:
"Ihe greatest evidence of the progress of
the cause is shown in the famous resolution
of the House of Commons in March, 1896,
and In the promises of the chancellor of the
and such resolutions are not adopted with
ont the certainty that they are consonant
with the general wish Of the nation. Our
objects will be gained If the United States
and France or some other great commercial
nation agree to carry the matter through,
only political wisdom to add our forces to
theirs 1t is certain that the United States
means business and expects success or the
President would not have sent Senator
WolcOtt and his colleagues TO negotiate,
and il is satisfactory to know from the
all he can to facilitate the mission" The
letter concludes: I'VE should not relax our
efforts to secure the Wsest solution, an
equal agreement with the United States,
France and Germany. If prejudice pre-
vents this we should do our best to second
chequer and thus make the American mis-
sion successful" The letters of Mr. Bal
four and Mr.. Chaplin express continued
sympathy with the bimetallic movement.