Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1897-10-17
COINAGE OF SILVER.
BRITISH CABINET DISCUSSES Rz-
OPENING OF INDIAN MiSrs.
OUR BIAETALLlC COnEISSIoI.
II VIII shortly Receive Furthea
CONCENTRATIONS from DrftsSn'a
Representatives, whose Answer
However,It Is believed, WIN Ne Ne.

LONDON. October 1.-THE British
Cabinet this morning held its first au.
tumn meeting at the Foreign once The
Premier Q,ord Salisbury presided. The
meeting lasted two hours. II 10 Under
stood that the question OF rsopening the
indian minis Tor the coinage o. silver
was not decided. but II is added that the
matter was discussed. and Will shortly
form the subject OF further communities
tons between the Chancellor OF tha Ex-
chequer. Sir Michael Hicks Beach. and
the United States Monetary Commission.
In addition 10 discussing the silver
question. II is understood that the Cabi-
pst ministers were In elaboration upon
the Anglo French situation In West Afri-
ca, and In reviewing the Cretsn arrange
ments.
In spite OF the statement that the ques.
ton of reopening the Indian minis fos
the coinage or silver viii form the sub
ject Of further communication between
he Chancellor OF the Excneauer and the
United states Monetary Commission. Il
IL believed that the British Government
an international monetary conference.
No more definite information can be
obtained In regard to the action OF the
Cabinet. bat thees is every reason 10 be-
lieve that the governments position II
as before stated-;hat II will not enter
into an International monetary conftSs
ence.
Messages received from tho members
of the American Commission say they
have received no information with re-
gard TO the action taken at the Cabinet
Council to-day, but they hear that q
statement viii be issued next week to the
efect that the government VIII make no
suggestion 10 the Bank Of England as
70 any alteration OF it's present reserve.
The government cannot In any event,
do more than make a recommendation 10
the bank. SO the statement that The
Cabinet had decided that the bank should
maintain full gold standard 10 lncor-
rect.
sENI-oFBIcIAL STATEMENT.
The Press Association sends out the
| following semi official abatement to-uisht;
'"Ihe Chancellor OF the Exchequer and
| l /! to.Iessues still maintain tho position
heretofore taken-that the government
cannot alter the gold standard 10 thu
United Kingdom, but they have In the
interval committed the Indian Governs
ment with regard to the opening OF the
Indian minis. and a reply has been re-
cslved which. II 10 understood. Is strong
| y adverse TO the proposal
lowing to the difficulties raised I'm In
ola. and the opposition In other quar-
| ters. the Cabinet fsol that IL IL unable
| to give an immediate Undertaking to
| open the Indian mnts. but they appa-
rently are not indlSpossd 10 enter into
| further negotiations. and II is said that.
as the outcome OF to-day's Cabinet Coun-
ell. the United States commissioners will
shortly have an interview with STR
Michael Hicks Beach. and that diploma
| tic communities atoms upon the question
| will be continued with the foreign
| Powers more immediately concerned In
| the rehabilitation OF silver"
| In spite OF the above however. II IL
| generally believed that the government
] has fully decided TO say no TO the pro-
pCsals presented by Mr. Woleott.
Mr.. Stevenson left London yesterday
| for Rome.