The McCook tribune. (McCook, Neb.) 1886-1936, 1897-03-19
BETTER FOR SILVER.
REPUBLICAN, PARTY WILL
STAND BY THE METAL.
Interesting Views of European Bimetal-
liSts-Steady Growth of Sentiment in
Favor OF Action-The Only Hope of
Silver.
fWashington Letter.)

the republicans in favor of an interna-
tionai conference. The resolution au-
thorizing President Mckinley to ap-
! and to call it if necessary is being
pressed for action in the house, and it
is believed will pass that body before
adjournment. The prompt action in
it's favor in the senate encourages BIZ
metallists abroad and adds to their
conviction that the result of the late
election in the United States is favor
able to international bimetailism, and
the only hope of silver. On this ques
tion of the effect of the late election in
this country on the prospects of inter-
national action, some very important
views from prominent English, French
and German advocates of that propo-
sition have been recently laid before
the senate. These statements come
from Lord Aldenham, president of the
British Bimetallic league; DR.. Otto
Arendt, honorary secretary of the Ger
man Bimetallic league and member of
the Prussian diet, and Edmund DAT
tots, assistant general secretary of the
French Bimetallic league.
These statements which are of very
recent production are especially inter-
esting because they present a view of
the situation in Europe as affected by
the recent elections in the United
States. 1t is evident from the state
merts of these three distinguished in
ternatiCnal bimetallists of Europe that
there is a concengus of opinion among
the friends CT bimetallism in that part
of the world that the result of the late
election in the United States was de-
cidedly advantageous to the prospects
of international bimetallism Lord IL
denham, president of the British Bime-
tallic league says in speaking of the re-
cent contest in the United States that
Mr.. Bryan's platform was LESS stable
than it might have been because it
sinned against the canon union is
strength That which won was the
cause Of real sound money-not the
English Gold and gold only as the sole
legal tender, but that which is now by
common consent summed up in the
awkward word "Bimetallism
coinage of gold and silver at a set
tied ratio into a full legal tender
money" He adds:
Perhaps before long our newspaper
and leaflet writer's may come to under
stand that when Major Mckinley de-
clared that he pledged himself to pro-
mote international bimetallism, he
meant what he said, not what they
wished him to say The cause
of national bimetallism was defeated
at the election, but the cause OF inter-
national bimetallism was victorious"
Lord Aldenham proceeds to discuss
the progress of the sentiment of BIZ
metallism in Great Britain, and shows
that although in 1889 and 1890 interna-
tional bimetallism was defeated in
parliament the sentiment has steadily
grown in that body until the House
of Commons on March Il. 1896, unani |
mously adopted the following resolu- |
ton:
This house is of opinion that the |
instability of the relative value of gold |
and silver since the action of the !
Latin union of 1873 has proved injuri- |
ous to the business interests of this !
country, and urges upon the govern
ment the advisability of doing all in
their power to secure by international |
agreement a suitable monetary par CT |
exchange between gold and silver
DR.. Arendt, honorary secretary of the
German Bimetallie league, sketches the
progress of international bimetallism
in Germany showing that the agrarian
element is overwhelmingly favorable
to it, and that while the parliamentary
left is opposed to it, yet the right is alb
bimetallic, and the center
party is favorably disposed because il
is obliged to keep on good terms with
bishop Walsh, translated for use il.
Germany, has won many to bimetal-
lisn. The German parliament, can, in
his opinion, be relied upon as strong
of International bimetallism,
though he is of opinion that without
|
able to bimetallism, it is doubtful of
the concurrence by Germany in inter
action.
Mr.. Edmond D'Artois, assistant gen
aral secretary of the French Bimetallic
league, says that international bimetal-
ism has made rapid strides in France
in the past few years, and especially so
among the agrarians. He closes his
statement by saying:
Our hopes are to-day much greater
than in May, 1896, because we believe
in France that the American presiden-
Tia; election has resulted in revealing
to Europe generally, to England par
tisularly. the impasse into which gold
has lead the world.
The heated discussions which accom-
panied the now famous election in the
United States have shown conclusively
that internationalists are far more
logical advocates of sound money than
gold monometallists are, because of the
stable par of exchange which they wish
to set up by international agreement
hot tuaoD f,ro monetary standards Of tho