The herald., 1897-01-30

las referred sarcasticalfy TO tnese pref
ty plays of international conferences.
Three of them had proven failures and
the American people were tired OF in
ternational farces."
s.Of course If the United States shall
continue to be inspired by that sort of
craftsmanship" continued Mr.. Villas,
(which will try to keep an intelligent
people from bothering politicians in
their pursuit of peace by cutting them
OF with the expectation of splendid re-
suits to come in the sweet by and by
from a millenial concord of nations in
financial affairs, why just so long polite,
courteous and sympathetic politicians
in the countries of Europe will gravely
consent to light council fire and have
big talk with the United States. 1t is
for nations, as for Indians, rule of po-
uteness.
"The conference would doubtless bring
together many bright financiers, who
would listen and blink like owls; and,
after dinners, receptions and social fes-
tivities the conference would close
without action.
.rhe people of the United Stateq have
the right to expect such legislation as
shall give them a sound currency under
the instructions of the last election"
continued Mr.. Villas. IF that supreme
object shall be traded off for the gain
of favored classes, or sacrificed to cow
ardice, woe to them who shall be guilty
of it,"
Mr.. Stewart congratulated Mr. Villas
On his conclusions, saying he, too, had
long seen the futility of international
conferences.
Mr.. Pettigrew of South Dakota said
he would merely record his protest
against the bill. He believed the United
States should act alone and that we
should no longer supplicate at the feet
~ not he ttE1
States alone cannot establish its own
ratio of 16 to l then it should do some
thing which ii can execute alone.
No senator present believed that an
international ratio between Is to 1 and
16 to ! would result from this confer
ence. Great Britain would not yield her
standard. For that reason. he declared,
he could see nothing in this bill except
a purpose of the Republicans to satisfy
those who were favorable to the free
coinage of silver.
Mr.. Allen of Nebraska while ridicul-
ing the bill and declaring that the con-
ference was doomed to be a contempt
ible farce, said he would not seek to de-
feat it. He referred to Mr.. NVolcott's
trip to Europe and his failure thus far
to get any one to confer with him.
Mr.. Carter of Montana spoke of the
recent political contest in which McKin-
ley presented the idea of an interna-
tional conference while Mr.. Bryan de-
nounced the plan. Mr.. Mckinley was
elected and now this measure was pre-
scented, a step in the execution of the
conference plan. The bill was carefully
designed to secure the largest possible
results, and Mr.. Garter appealed to Mr..
Cannon not to embarrasls this well con-
sidered' bill by urging his amendment.
If the coming administration failed to Sc
cure satisfactory results from the con-
,y,isJt ,.ot tea1
that such a conference was futile. But
in making the effort the administration
should be left free to direct its own
course.
Cannon stated that he and Carter had
stood tcgether up to the time of the St.
Louis convention. They had entertained
the same views as to the monetary con-
ferences. If it were not for the tragic
element entering into this financial sub
ject, the shifting phases of it would be-
come grotesque He declined to with
draw his amendment and said he would
ask a vote on it. although if defeated he
would vote for the original bill.
The Nicaragua canal bill was then ta
ken up and Mr.. Morgan asked that the
vote be taken at p. m. on Tuesday
next, to which Mr.. Turpie objected. Mr..
Morgan then advised senators that he
would call up the canal bill on Monday
The debate on the monetary confer
ence was then resumed. In the course
of the debate Mr.. Jones of Arkansas
made a statement of his attitude. which
in view of his position as chairman of
the Democratic rational committee at
tracted some attention. He said he be-
lieved in allowing the friends of the bill
to shape it in their own way, but be-
lieved it would fail. And yet there were
many earnest friends of silver who be-
lieved 1t would succeed. The last cleo
II, ,od ch hqf
almost universal for bimetallism. the on
ly division being as to the method of
bringing it about. If it came through
international agreement he would ac-
cept it, but would oppose any amend
ment not approved by Republican sem
ators, as he desired to make them fully
responsible for this movement.
Mr.. Hoar gave the results of his OBJ
servations in Europe last summer.show-
ing the tendency toward bimetallism.
He had talked with M. Bourgeau, au-
thor of the bimetallic resolution in the
French assembly which secured the
written endorsement of 367 out of 400
members. NJ. Meline, the French pre-
1nier, had declared that when other
nations wanted bimetalism, France
would not be long behind. In London
he had an agreeable talk with Mr.. Bal
four, whose championship of bimetal-
lism had been maintained against the
views of Mr.. Gladstone ana Sir Wllllam
Vernon Harcourt.
The senator said he had refrained
from repeating the views stated by Mr..
Balfour, although at dinner party in
London number of eminent men had
assured him that the views of Mr.. Bal
four were shared by q large part If not
a majority, Of the English people. Mr.
Hoar read a letter from Germany stating
that great progress was being made
toward bimetallism. Thus these four
great nations-the United States, Great
Britain, France and Germany-were
setadily advancing to bimetallism. 1t
was coming, and coming to stay. Mr..
Hoar denied that the east was assail-
ing the west, declaring that the east
recognized that the power of the ma
ton, like the star of empire, was slowly
moving westward. The sections We're
indissolubly linked together, and their
interests We're Identical.
Mr.. White of California declared that
while the bill would prove abortive.
yet it's Republican friends should be
left untrammeled to make the effort
they desired.
Mr. Allison of Iowa urged that the
believers in stable money felt it was
mercial nations would unite with us in
bringing the money metals into cuoser
relations and thus test whether the met
ais could circulate on an agreed ratio
side by side. He resented the jeers OF
Mr.. Villas on the failure of past confer
ences and asserted that each confer