The Cambria freeman. [volume] (Ebensburg, Pa.) 1867-1938, 1897-04-16
LIKE THE COMMISSION.
Men of All Parties Commend
McKinley's Choice.
STEVENSON ESPECIALLY PLEASING.
Ehe President Wanted the Question
Raised Above Poiitics-The EN-NIce
President Feels Greatly Honored-sen-
a,or wolcott Expects Much Good

of three commissioners by President
Mckinley under the act of the last con-
gress to promote bimetalllsm was the
subject of considerable discussion about
the capitol Almost without exception
the selections We're commended sen
ators, regardless OF party. We're pleaseu
with the selection of eX-Nlce PresldehG
Stevenson. II appears that tins seIec-
tion was the presidents own, no one
appearing to urge his appointment
The president desired n Democrat
who stood high in his party and who
was an earnest silver man. lie sent Tor
MIR. Stevenson and, after talking the
subject over with him. decided to make
him "a member of the commission.
President Mckinley desired that the
subject of international bimetalllsm
should be lifted above party pOIltlcs
and that the men selected should be
those who would work IN harmony to-
ward bringing about an agreement 1t
was also believed by the president that
the name of Mr. Stevenson would give
the commission great weight abroad.
Among the earnest advocates OF the
selection of Mr.. Payne were Senators
Hoar, Allison and Chandler. all OF
whom talked with the president on the
subject and recommended him as
man who would materially aid the
cause of bimetallism.
Senator Wolcott is very hopeful of
success. He looks forward tG hard
work. but says from what he learned
while abroad last year he Is almost san
guine of results. Senator Wolcott be-
leves in the selection OF the commits
sion. especially III naming Mr.. Steven
son. a silver man and one who sup
ported Mr. Bryan. President Mckinley
has convinced everybody that he Is an
earnest bjmetallist. Bimetalllsm at
home and abroad, he says, viii be pro-
NOTED by this selection.
Opposition to the scheme for interna.
tional bimetallism has developed from
an unexpected source. Morton Frewen
of England, who has given great deal
of attention to the subject and who has
visited this country several times III the
interest of silver, is now opposing an
international agreement. and declares
that the money question Is one which
one nation must settle for itself. Mr..
Frewen viii oppose any agreement and
use his influence against the new COM
mission when 1t goes abroad.
Senator Wolcott said that the gold
standard countries would oppose any
further depreciation of silver and that
efforts were now being made to pre-
vent any further fall of silver in India !;
also that the demand for gold by Japan
in establishing "a gold standard would
cause a drain of gold from Europe
which would be resisted by gold conn,
tries. In the United States Senator
WolCott anticipates little opposition to
bimetallism. What opposition Mr..
WolCott SAYS there Is comes from the
German bankers of New York who
are already fighting blmetalhsm and
whose opposition the commission vii.
meet when II goes to Europe.
BLOOMINGTON, Ills, April l4.-EX- Vice
President Stevenson said, when ques-
toned about his appointment on the
commission for the promotion of an in
ternatlOnal agreement Il appreciate
the compliment paid TO me by the presi-
dent and Will cheerfully render what
assistance | can TO accomplish the OBJ
JeCt of the commission.
Il am bimetalliSt. | regard th.
restoration of silver to its proper mon.
function as the supreme question in on
own country and throughout the world.
The importance of the question cannot
be overstated. In this country the in
crease in the volume of business is
beyond computation. In the light of
these facts the rehabilitation of silver is
a prime necessity. Should its demon
etiZatiOn become the settled policy the
evil days upon which we have fallen
but dimly fOreshadow consequences vet
to come.
Whatever our views NAV be as to
the ability of our government to main
tain the free and unlimited coinage of
silver without the cooperation of the
leading countries of Europe it may
be safely assumed that every friend of
silver in our country will welcome in
ternational bimetallism.
LAS tc the possibility of success of
this commission, 1t is known that the
trend of public sentiment in European
countries, as well as our own, is un-
doubtedly favorable to bimetallism.
Many of the publicists of England
and Germany are in earnest accord
with our government upon this ques-
tiOn. Should public sentiment in those
countries Justify an international con-
ference wOuld undoubtedly be called
and action taken that would be deemed
proper.