The herald., 1897-01-08
HONORS PAID 70 JACKSON
Confined from first page)

of doing something for silver. Moreton
Frewen, however, has d,icovered exactly
what is on foot. He has written to u
financial daily paper pointing out that
if Russia means to resume specie pay
ments she Will have to buy 100000 900
ounces of silver, and tariff concessions
on the part of the United States would
induce her to do so; that this operation
will easil rehabilitate silver on 1914
to l basis, and France and Germany
will probably join for similar consid-
erations. So Mckinley Is apparently in
for tariff reductions and boom in sill
yer; but Frewen is at q discount as
prophet at present.
The Bimetallic league has cabled 20
one of its members, Mr.. Forbes, who is
now in Boston, requesting him to send
a wreath and to attend the funeral Of
General Francis A. Walker
An. EDITORIAL in the Times on the death
of General Walker says: His death
will be regretted in Great Britain al
most as much as in America. He was
one of the fairest and most reasonable
advocates of bimetallism."
After eulogizing the deceased econo-
mist's attainmerts and writings at con-
siderable lergth the Times continues:
with all respect. it is improbable that
had he lived he could have done so much
to further the object of Senator VOL
colts visit. Senator Wolcott will lie
welcomed here. For several reasons
Mr. Mckinley could not have chosen a
more acceptable envoy But public
opinion in England is more hostile than
before to bimetallism. Nothing can be
hoped for from the visit except as Il
political movement and a salve to the
silveriteS. The failure of his mission is
certain. No public man, whatever his
theoretical views, would think the pres
ent an opportune moment to met the
question, and this opinion will subsist
at all ever,ts as long as bimetallism APP
pears to be dropped or revived according
to exigencies of American domestic poll
ties
SENATE SILVERITES.
WASHINGTON, Jan. 7.-Senator
Chandler has practically made a can
vass of the senate on the proposition IF
an interDa tional conference of silver.
ard concludes that there will be no OPP
position worth the name. Still the bill
will not be introduced in the senate till
it is accepted by the Republican caucus,
as the committee was instructed to re-
port to the caucus. The language of the
bill is substantially as follows. That
whenever the president of the United
States shall, after March L. 1897. deter
mine that the United States should be
represented at any international con-
ference. called either by the United
States or the government of some other
country with a view to secure interna-
tionally a fixity of relative value be-
tween gold and silver as money by
means of a common ratio between those
metals with free mintage at such ratio,
the United States shall be represented
at such conference by five or more dele
gates to be selected by the president.
For the compensation of said delegates
together with all reasonable expenses
connected Herewith, to be approved by
the secretary of state, including the pro-
portion to be paid by the United States
of joint expenses of such conference. the
sum of 100000, or so much thereof as
may be necessary, is hereby appropri-
ated."
1t is understood that the Republican
caucus to formally decide upon the bill
will be held next week.