The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1897-10-17
ABOUT INDIAN MINIS
ENGLAND APPEARS FULLY DE
TERMINED NOT TO ENTER
INTERNATIONAL MONETARY CONFERENCE
The Government, no Doubt, has Decided to Re
lect the Propositions Presented by Mr..
WooIcott- Mr.. Stevenson has
Gone TO Rome.
Gone to Rome.

London, Oct. 16.-The British Cabinet
this morning held its first autumn meet
ing at the Foreign Office. The Premier,
Lord Salisbury, presided, 1t lasted two
hours.
It is understood that the question OF
reopening the Indian minis for the coin
age of silver was not decided, but it is
added, the matter was discussed, and
will shortly form the subject OF furth-
er communications between the Chancel-
Tor of the Exchequer, Sir Michael Hicks
Beach and the United States Monetary
Commission.
In addition to discussing the silver
question, it is understood that the Cabi-
net ministers were in deliberation upon
the Anglo French situation, in West AT
RIGA and in reviewing the Cretan arrange
ments. In spite of the statement that
the question Of the reopening OF the
Indian minis for the coinage OF silver
will form the subject of further .commu-
nicaticn between the Chancellor of the
Exechequer and the United States None
British government has reached the de-
riSon not to enter into an internatio nal
monetary conference.
No more definite information can be
obtained with regard to the action of the
Cabinet but there is every reason to be-
lieve that the governments position is
as before stated--that it will not enter
into an international monetary confer
ence.
Messages received from the members
of the American commission say they
have received no information with re-
gard to the action taken at the Cabine,
council to-day, but they hear that q
statement will be issued next week te
the effect that the government will make
no suggestion to the Bank OF England
as to any alteration of its present re
serve. The government cannot in any
event do more than to make a recommen
ton to the Bank, so the statement tina
the Cabinet had decided that the Banl
should maintain a full gold standard il
incorrect.
The Press Association sends out tn,
following semi-official statement to
night:
The Chancellor of the Exchequer ani
they have taken, that the government
cannot alter the gold standard in tn.
United Kingdom. But they have in thu
interval consulted the Indian government
with regard to the opening of the Indial
mfnts, and a reply has been received
which, it is understood, is strongly ad
verse to the proposal. Owing to the diff
fculties raised in India and the opposi
ton in other quarters the Cabinet feel
that they arc unable to give an immedi
ate undertaking to reopen the IndiaI
mints, but they apparently are not in
disposed to enter into further negotia
tons, and it is expected that the out
come Of to-day's Cabinet council, tn
United States commissioners will short
ly have an interview with Sir Michae
Hicks-Beach, and that diplomatic com
munications upon the question will b.
continued with the foreign powers NOR
Immediately concerned in the rehabilita
ton of silver.
In spite of the above, however, It i
generally believed that the government
has fully decided to say no to the pro
posas presented by Mr.. Woolcott. MI
Stevenson left London yesterday 70
Rome.