Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-04-15
vILL HAVE A GOOD TINE.

The appointment by President McKin-
lev of three commissioners to represent
The United States I'm negotiations with
foreign countries for an international
,nonetory conference will neither warm
The hearts Of the bimetallists nor cause
trepidation in the ranks of the monome-
tallists. In short. it will have no effect
on the monetary problem at all. Further
than being a farce, at which men
Of all parties who understand the
situation are laughing in their sleeves,
there is nothing in It,
There is no serious movement abroad
looking to calling an international
monetary conference. and even II there
were II is not likely that it would be
called during the present. regime at
WASHINGTON. This was shown in the
reception accorded across the water 10
Senator Wolcott the emissary McKin-
ley sent out from Canton. under the I'M
preston that the mission would, in
some wayne didn't know exactly how
propitiate the recalcitrant Republican
silver senators. The Wolcott mission
o
and his man Hanna, or Hanna and his
man Mckinley, have resorted TO in order
10 keep these senators from getting
entirely beyond their grasp and commit
ting some overt act of rebellion. But the
financiers in Europe-both those opposed
10 and those in favor of bimetallism-
and the powers that be there, under
stood the situation as well as ii was
understood here, and although Senator
Wocott was in social way treated
most cordially. when he tried to talk
business he was given the cold shoulder
And this for the reason that the people
10 whom he was informally accredited
saw no business in his mission. as
they had no faith in McKinleys re-
awakened championship of bimetallism.
About matters and things in general
going on in the United States, foreign
nations are not. as a rule. posted, but
they have kept up with every phase Of
our financial agitation, and have a pretty
clear idea of the records of leading
men in this country touching the fnan-
cial issue. They know full well the posi-
tion Of the vast majority Of the Repub-
lican party on the money question: and
they understand the influences that are
operating upon the administration TO
keep 1t on the side of the national bank
ing, the Wall street. and the other In
terests that are welded 10 the existing
order OF things. They are as capable as
are we over here of approaching the
true inwardness of the appointment Of
the commission. They take no stock in
the sincerity of the administration in
respect of bimetallism but see in the
Presidents zeal for a conference merely
an effort to salve his own conscience,
quiet the mutterings of the bime-
talhc element in his own party, and d.
vert into another channel the popular
sentiment in favor of currency reform
legislation.
When foreign nations unite with US
In calling an international monetary
conference IL will be for the purpose of
fransacting business and not for the pur-
pose OF shooting into the air. Therefore.
as the London Times says. about all
that Will come OF the Mckinley appoint
ments is that the commissioners will
have a good time. Bmctalism by inter-
national agreement would be Il great
thing for the business Of the world.
But our work in contributing to such
cept under a Democratic administration.