The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-10-23

LONDON. Oct. 1.-The corresponasr-e
IN regard 70 the bl-nneraIlfc proposals OF
the United States monetary commission
Was issued by ths British foreign once
this evening The following ACCOUNT os
lac negotiations Is taken from the Official
Fuollcats1a.
Al the conference held az the foreign
Office On July = the premier. MARQUIS OF
salisbury, ths secretary q state for IN
ia, Lord George Hamilton. the chaaceI-
Tor of the sxeheauer. Sir Michael Hicks
Beach, The FIRST lord of the treasury. afr.
A J. EatoEr. the Unitsd States Ambas-
szdor. Col John Hay and the United
States monetary commissioners. Senator
EdNzrd O. Walcott. Of Colorado. ex-Vgce
President AdIai +. Stevenson. % Illinois
and Gen. Jackson Paine, q Massachu-
sets, were present
On the invitation Of the British premier
senator Aulcott explained that tie object
q the Mission vas 70 ascertain. IN a6-
V&uce q an International conference. the
views Of the governments. and the en-
voys had determined % ascertain the
views of the French. British and German
governments on the question OF reaching
an interua tionsI bI-metallic agreement.
They had been - France where they
reached = complete and satisfactory IN
derstanding with the French government.
ana the envoys would have the co-operS-
ton in this matter OF the French 2mbas-
sader IN London.
IL Depended on England.
The senator then explained that the sue
cess CT the mission depended upon the at
tiruds Great Britain would take and he
requested Great Britain 10 agree to open
NusH
the attempt 10 restore international b.
mstaillsm, with France and the United
States co-opera- ng together Ia al at
tempt 70 that end
The Marquis Of Salisbury asked ~
France was ready 70 open her mints 20
free coinage. and Senator Woicutt replied:
Yes"
The premier thersupon inquired at what
ratio France would open her miuts. Saua-
tor WOlcott said at I5lz 10 l. adding that
the American ENJOYS lad accepted this
ratio.
What England Might Do.
The senator then presented the follow
Ing list of contributions which. among 2
others. he suggested Great Britain might
make:
@First-The opening Of the Indian ulints
and the repeal q the order making the
sovereign legal tender n India.
IN the issue Department ot the Bank q
England II silver
''Third-Raizing the legal tender limit q
silver 20 &c and issuing 10-shilllng notes
tasas On silver. which shall be legal ten
oers and the retirement. N graduation OF
Otherwise. = the le-shilIfuS gold pieces
ard the substitution q paper based 81
silver
''Fou-th-An agreement 70 cotn annually
so much silver. the amount 10 be Ieft oDen.
FIfta-The opening ot the English
coinage u British dollars. which shall be
fall tender In the Straits Settlements ard
other silver standard colonies. and tender
r. the United kingdom 70 The lirnit of ST.
'-sixth-Cojorisl action ard the coinage
OF silver i1 Egypt
Seventh something having the general
scope Il the HuskisscE plan"
France ws. willing
TIE meeting then closed. and r vas uu-
aers-o0d hy the part. ss that. owing % he
absence u tire French ambassador from
tAe proese6lngs they should be REGARDED
as Informal ard a second conferences vas
held CT the 18th. at whi-h n addition %
fhase already mentioned the French an
bassado- and u. CcGrey tze count Tor q
ths French embassy. were present. The
French ambassador vas invited - declare
,he position - The French government
ard be said France w8S ready 80 reopen
her rtrts 70 th@ coinage ~ silver II the
corn -ercial nations adopted rha sane
course aaa he advocated az Ers7t long 4
ere ratio - 1874 90 = But he explained
France would rot consider the reopen IN Z
of tha msnts a. Iraia alone as being SUI
Srfert guarantee 60 permit t9e French gov
eminent 90 reopen the French nlrts 70
the free coinage q silver
England VIII Nos Open Her MInt..
sgr E.-Aael EFsckS-B Beach then announced
5ssnl-e.v mat Grezt Britain w1uld TO-
agree % orea The English nin-s % tae
ur rE11i--1 coinage ce silver. and that wnA--
ever vs=~s ha ard rs colleagues might
ss9a rateIv ho3d regarding h.--retsl.ts11- -
coul6 say hat taey acre united ca this
point
Pa-oa 4 Courcel sad. "a personal suE-
xes-sa- +Ast among othe- -orr- euti1rs
n= -na1gHt Great Britain s1ogd ope1 ire
T~ta- us-ts and sls1 aEree - pure sse
anuuaIlv "a - 90 q silver for series
q 6ve yesrs-
Senator Wo1-o,t accepted TIE proposal
-Na- +-a British government sEou'i make
fnss purchase. With proper satsguaris ard
provision rs a. % The place ard manner &
IS 1ss-
ssscz -sts conference - British govern
--ezt rax beer considering ~ proposals.
ara 9-aly made t1a reply hsn&s1 ~
rated S.a.es arhass7 tor yesterday ard
rablet exclusively - -1e Associated Press.
Indian Governments objections
re -e~r~ ef me z-~e~- rss-t % T-A'a.
,svar w-5cH TscrG Salisbury hsse1 his d.
esssr. "a lo-r document. giving a. en-
rsz..- negative % ne 1T1posal - reof>
.As Ir3a7 1.nts 7. says
s4r,2 @-s- -es.t- - t>e sazgese4 meas
r-es Z --e~ wera - ~sc-ees even te7E-
-~-~z- -.-z - fNa5r r-fee- w8g31 - AZ z-
t.-ss 4.s-s-r -asca ~ I-1a1 rra5e ard IT.