Omaha daily bee., 1897-08-05
WOLCOTT MAKING HEADWAY
Sentiment in London Inolines More to The
Bimetallic Doctrine.
MEETING BRITISH CABINET IN PROSPECT
Mr.. BhIfour Denies Knowledge of the
Conference Announced for Sntur-
day and Discusses what May
BE Done Hereafter.

Copyright. 1897 by Press Publishing Company)
LONDON, Aug. 4.-(Nev York World Ca
blegram-Speyial TeleEramD THE statement
cablcl yesterday that the final meeting OF
the american monetary commissioners with
Lord Salisbury would be held at the foreign
Office at the end Of next week is not credited
here Mr. Balfour affirms entire ignorance
and says no such meeting is arranged Sir
Thomas Sauderson. permanent under score
tary Of foreign affairs. ranking next to Lord
sclirbgry, states: Il have heard Of no such
meeting, and deem the statement untrue.
At that time most OF the cabinet members
Will be away. Lord Salisbury might come
to Lond2n from Hatfield, but no notice has
been served and most Of the ministers could
not be present ! do no; believe tina. the
British government has submitted any propo-
stti1n TO the American envoys'
English pape.e are now seriously noticing
Nj Wolcotts binetallic commission. The
Daily Chronicle said this morning after
'auth1iltatively' announcing the meeting
! next week: Most OF the cabinet will be
present, and Lord Salisbury IS then ex-
, pected TO make known to President MrKin-
| leys ENJOYS the decision cf the British
government on the subject Of the propose d
extension OF silver"
As l cabled two weeks ago. many impor-
tant people have expected Lord Salisbury
| again to make the old offer to open the
Indian mints and withdraw lO-shilliuE rpld
pieces from circulation
MUCH NEGOTIATION NECESSARY.
The Statist, the most important financial
paper here has inclined to that view as has
also the Tin es, Gualifedly. but learn after
midnisht on very nearly the highest author
/ ity that all such statements are premature
and without foundation at present Aside
! from very grave doubts as to any meeting
I before September, Mr.. Balfuur and the Brit
/ ish government are firmly Of the oDiuicn
/ that it would harm rather than help any
practical effort to settle the monetary uuee-
! ton II an cffer were made by Great Brit
/ ain until official negotiations privately con-
| Quoted had proved England France, Ger
! many ana the United States We're prepared
! 10 agree on steps effectively TO remOnetiZe
silver and maintain par Of exchange 1t
/ l. believed Mr.. Balfour has refused TO hold
any official conferences with ANYBODY until
/ pretty nearly final agreement has been
! reached. The French and United States
I governments have informed the British gov
errment what they will do if England and
! Germany will take certain specified steps.
/ If the British should accept this offer the
! acceptance must be conditional on Germa y
| agreement. Thus Germany will not be ap-
| proached until il is found what ENGLAND
! viii agree to- and much time must elase
! before a formal conference is possible.
! Should Germany tacitly agree TO the de-
| mand agreed upon by the three other ma
! tions. then q meeting such as predicted for
| next week might be held.
| The progress OF negotiations in London is
/ being kept profoundly secret. but it is
| said England is prepared to make a few
! minor concess iGns. London takes Sen9 or
| Wclcott and his colleagues more seriously
/ than Paris did. The French papers, includ-
| ing Ls Temps. made game Of them; London
| journals regard them with respect
EDWARD MARSHALL.