Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1897-01-06
YEXATI0US SILVER QUESTION
Wolcott Will Very Much Relieye Nc
KinIey in Interest Of Interna-
tiOnal Bimetallism.
his JOURNEY WILL BE RRUITLESS
Congressman Shaffroth and Bell Dis
cuss Wolcott's Mission-American
Bimetallism Must Be Established
Before Europe Will Yield.

washing JOA, Odus y. uo VoohAu6oo' W
Post in long news article, says: "It il
quite within the range of possibilities
that by sending Senator Wolcott to Eu
rope President elect Mckinley has un
loaded himself of the troublesome and
vexatious silver question for some time
to come. Certainly if Senator Wolcot'
returns with report that he can find nc
universal sentiment abroad favorable te
bimetallism, as is expected to be the
case, it will be easy enough for the presl.
dent to find in this evidenceof friend
of silver an excuse for non-action.
Upon his return from Canton to this
CITY,. Mr.. Wolcott spoke with great free
dom to some of his colleagues in the SEN
ate of the manner IN which he had been
received by Mr.. Mckinley and of the
interest of the latter in the cause OF
bimetallism. 1t is safe to say that Sen
ator Wolcott, from the manner in which
he related the incidents of the visit, did
not anticipate anything like cordial
reception for his bimetallio plan. Not
only WAS the president. elect responsive
to all suggestions, but he went further
He gave to the senator a report OF a
speech made by the French premier in
which the latter alluded to the low
prices of agricultural products all over
the world and the consequent distress
among the farming classes, and sug'
gested that perhaps the only solution Of
the problem was the reconciliation o1
silver. Mr.. Mckinley seemed, 80 Sena
tor Wolcott reported, to be forcibly
struck with this bit of testimony froW
abroad, and he asked the senator te
show the extract to senators in Wash
ington. This was done, Senator Chand
ler being among the number who were
impressed by its declarations.
"While all this apparent interest in the
cause of bimetallism may have been Elm
cere, the fact nevertheless remains thai
Mr.. Mckinley has acted with considera
BILE shrewdness, if he really wants to ig
more the bimetallic plank of the Republi
can platform, instead of sending abroad
a monometallic gold standard represen
tative. He indorsed the journey of
professed friend of silver, whose report
if adverse to bimetallism, will have al
the more weight, and that this report vii
be adverse may be predicted almost be
yond the shadow of doubt. At the same
time the silver senators will not offer thu
slightest obstacle to the passage of tn
resolution"
COLORADO ooNGREssMEN.
Washington.-When asked what h
thought of Senator Wolcott's mission Il
Europe, Congressman Shaffroth, of Colo
RADIO, said:
"In my Judgment Senator Wolcott'
visit to England will be productive Of
calling of an international conference
and general attendance of II y Ss'.c,,ea
nations to that conference. But thedel
egates from England and Germany, in ~
opinion, will 90 to the conference in tn
same manner they have gone to all tn
past conferences, with power to discus
the question, but not to bind the govern
ments. Since it is to the interest of tn
moneyed powers to have their bonds an
their interest paid in an appreciating do
lar they will never consent to an Internal
lonal agreement, although they will ez
tend all the courtesies of attendance an
do anything short of entering into bine
ing agreement. The only way an intel
national agreement can be secured is b
the United States declaring for free al
yer. England, then, believing that he
American securities may depreclat
might be willing to enter into bimeta
lie agreement"
On the same subject Congressman Bel
of Colorado, said:
II do not want to discourage any goo
efforts he may make. Under the presel
condition he can not do less than try
secure international bimetallism, or lin
his fortune permanently with the go
standard people. A great many peop
} of the past that we're positive as to Il
cause Of our long depression have b
come doubtful since they have seen cor
plete confidence re. established witho
' checking the trouble in the least. III
east is now doubtful about desiring
, high tariff and many of the Repub blica
are openly opposed to tariff on r.
materials and are expressing the
doubts of the benefits of general tar
. bill, and concede that there may be som
!. thing in the financial question after al
l