The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1897-10-09
EngIand's Coming Reply to
the Silver ENJOYS.
THE END IS ALREADY IN SIGHT
London Ftnanciers Say That No Con-
cessions VIII Be Made-The
Sealing Controversy.

New YORK, Oct. 9-A dispatch from
London to the Tribune says:
The British governments answer to
the proposal of the United States and
France for bimetalism by international
agreement will probably be ready with
in fortnight. Possibly it will be de-
livered earlier, as there is evidence that
the ministry Is disturbed by the pro.
longation of the controversy over the
monetary question in the press and
wishes to put an end to it.
Two months ago they were strongly
disposed to make such concessions to
the United States and France as would
have enabled these powers to convoke
monetary conference Sir Michael
Hicks Beach obtained from the gov
ernor of the Bank of England a quail
fed assent to the conversion into silver
of one-fifth of the reserve for the re-
demption of note issues.
The Indian government was also con-
suited respecting the expediency OF open
ing the mints to the tree coinage Cf sil-
yer. If the answer to that proposition
had been af favorable as the reply of the
governor of the Bank of England on the
minor point of large use of silver in
the reserve, Senator Wolcott's mission
would have been completely successful
in opening the way for a new session of
the conference. That answer has not
yet been officially revealed, but it has
been received in London, and Is believed
in diplomatic circles to be unfavorable
to the reopening of the Indian miuts.
Not one word of this has yet appeared
in print, and no official confirmation of
it can be obtained, but it is currently re-
pouted among the best informed fnan-
ciers that the Indian government has
advised against reopening the mints. If
this be true, and there are strong reasons
for believing that it is, the ministers
will not have the courage to act against
the advice of the Indian, but will sum-
mon the French and American embass-
adors and bimetalic ENJOYS without de-
lay and return a courteous but firm
answet to the proposal tor an inter
national agreement for the maintenance
of the par value of gold and silver.
Canada and Great Britain have refus.
ed definitely to take part in sealing
conference, if representatives of Russia
and Japan are allowed to participate in
it. This matter was settled yesterday
and cannot be reopened. When the
diplomatic correspondence is publiahed
it will be evident that the state depart
ment has done everything in its power
to enable Canada and Great Britain tc
attend the conference which was de-
clared to be purely consultative anG
which would have had no binding force
on any maritime power taking part il
it. Canada has interposed her veto, anC
Great Britain on this subject has nc
will of her own and has sanctioned it
Lord Salisbury having revised the origi
nal invitation of last July at the instance
of Canada, now following the laad o.
Ottawa in declining to meet Russia
Japan and the United States in friend
ly conference for determining whethe
anything can be done for the protection
OF the fur seals.
No reasonable objection could be offer
ed to the presence of the Russian ant
L.