The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-18
BRITISH GAME OF C0QUETRY.
CONTINUED from Page ID

its results are not quite what were de-
sired may serve to temper dogmatic
speculations concerning the prospects
of gold currency for India. The ques-
ton the government has to settle. how
ever, is one of political and financial
expediency rather than of principle,
and there can be no doubt in
any reasonable mind that they have
answered it in the only admissible way
The fact that there are no tangible,
definite proposals to discuss, amply
justifies the government in declining
to enter a conference which would be
MERE FISHING INQUIRY,
where an immense amount of nonsense
would be talked and Il great deal of in
trigue and wire pulling carried on.
Tinkering currency amid the cross
currents of an International conference
and at the bidding of people who have
no diScoVerable principle except the
preposterous re-establishment of the
ratio of 151s to 1, is a thing to which
our government ought to offer dncom-
promising opposition.
THE STANDARDS POSITION.
The Standard says, editorially: The
strong bimetallic minority in the cabi-
net has shown itself sufficiently infiu--
entail to delay for the present any pro
nouncement fatal to the success of MIR.
Wolcott's mission. The game OF co
Guetry initiated by the bank With the
connivance, if not the instigation of
some of the ministers, is apparently to
be still played and the public is to be
kept in the dark as TO the real attitude
and intentions of the government.
Why issues of such vital Importance
to the financial stability of the govern
ment could be thus temperized with at
the request of the United States. is a
problem of the deepest obscurity.
Though there can be no doubt as to
what the ultimate result will be, this
policy is dangerous.
DAILY NEWS EDITORIAL.
The Daily News, in an editorial head
ed "The BimetalIic Conspiracy, says
this morning:
We do not know what authority
there may be for the statement that the
government has agreed to continue the
negotiations, nor, can we see what the
United States or any other country
has to do with the matter. But there
must be an end TO the conspiracy of 81
lence in which the government is in
volved. Our financial credit is far too
serious a subject to be bartered With
foreigners or handled in the dark
After severely reproving the chan
cellor of the eXchequer and the gov
ernor of the Bank of England for their
share in the transactions, the Daily
News pointedly demands explanations
from MIR. BasfouT the first lord of the
treasury, and says: There are those
including ourselves, who regard it as a
PUBLIC SCANDAL
that the first lord Of the treasury
should be a binetallist. They argue
that foreign critics may justly doubt
the sincerity of cur monometallisTn
when they see a man at the treasury
who would. if he could. destroy the
whole of cur monetary system"
After insinuating that the question
has been left open with view of in
f1uencing the two forthcoming par
hamentary bye-elections in Lancashire.
the Daily News reiterates its demand
for fun publicity and calls particularly
for the letter written by the chancellor
Of the exchequer.s Sir Michael Hicks
Beach, to the governor of the Bank of
England.
THE DAILY TELEGRAPH.
The Daily Telegraph, dealing edi-
tortan with Saturdays cabinet cOun-
ell, says:
"As the cabinet has separated not to
assemble until the normal date next
month, and as Mr. .Balfour has return
ed to Scotland, the ministers must be
in complete agreement IF there had
been. any dissension. other meetings of
the cabinet would speedily have fol-
lowed. We may conclude, therefore,
that everything remains as before. 1t
is impossible that any momentous
change in the current system could be
settled at single meeting of the
cabinet"
THE GRAPHIC.
The Daily Graphic says: CAN the
circumstances lead US to believe that
the government Will give no undertak-
ing to reopen the Indian minis"
Continuing. the paper says: Gold
may yet again be current in India, ii
the policy OF 1895 is boldly pursued.
Then the single gold standard would
rule throughout the empire. That is
otir interest both as producers and
lenders of gold. We are not going to
throw it away in order to put money
into the pockets Of Colorado mine own
ers or to help Mr.. Mckinley out OF
electioneeping difficulties"
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