Evening journal., 1897-03-12
THE DOUBLE STANDARD
Plans Fer the International Con-
ference Of Bimetallists.
TO BE HELD THE COMING AUTUMN

President Mckinley Has Conference
With senator woIoott-The Latter Re
ports the Results of His Mission Abroad.
Declares That the Outlook Is Favorable.
WASHINGTON, March 12.-It Is now un-
derstood by those who are familiar with
the details Of Senator Wolcott's trip and
the plans which have hern formulated by
the president and Others IN view of his re-
port that the proposed bimctalllc confer
enco will not be called until autumn. The
president and his advisors on this matter
have concluded that the subject generally
should he pretty thoroughly dicosted and
plans formed before the delegates come to-
gether. They have no doubt as to the prac-
ticability of bringing about an interna-
tionnl conference, and they feel assured
that the proposition Is likcly TO be met with
much greater cordiality than on any for
mer occasion. It is now known that the
British government, while it has no OK
pectation OF returning TO bimctailism, in
the commonly accepted sense, IS willing
in fact anxious, TO reopen the Indian
mints and may be willing 20 establish "a
mint in London for the coming Of rupees
for the Indian market, and, in addition to
this, make q material increase in her sill
YER currency and encourage some action
on the part of other nations
The German government occupies a
similar attitude ard will be governed, IL is
understood, 60 a certain extent, by the ac-
ton of England. Tho reports brought
back by Senator Wolcott are moro oncour-
aging as to tho attitude OF England than
had been anticipated by friends of inter
national bime!allism.
France Il Favorable.
As to France. tho sentiment there is all
one way. and that is in favor Of intorna
tional bimetallism under co operation witt
the United States and such other nations
as can bo induced to join. IL Is not as
sumed by the French bimotallists, or By
those Of the European nations generally
that international bimetallisn or bimotal
llsm of any sort upon anything like tn,
present ratio can be brought about by the
cooperation OF any two or three nations
but Mr.. Wolcott comes back hopeful of IA
vorable action by the governments Of nl
the great European countries and thu
favorable action by the conference itself
1t is, however by President MoKinle.
and others deemed advisable that the sen
timents Of the various governments b
learned more accurately than was posi-
BILE by gentleman visiting them withou
any official authorization, and therefor
definite action win be postponed until th
newly appointed ministers and ombassa
dors can disucss the question with repre-
sentatives of the governments to whic
they are accredited and make reports {
the secretary Of state and through him {
the president
This will probably occupy three or fou
months and so It is not expected that th
conference will be called together unit
autumn but no doubt romans in Oh
minds Of those familiar with the facts d
veloped by Mr.. Wolcott that a conferon,
will be held. A more important point tha
this, however, is developed in the stat
ment that the delegation to this conforen'
will be bimetallists in principle and wi
go to the conference with the fayOrab
authorization of their governments.
Delegations to former bmetallic confe
ences were divided in opinion among thon
selves. and, while the number of nntioI
represented at the former bimetallic col
feronces increased steadily and the int
est always Increased, the delegates wore
so many cases undetermined In their ow
minds as TO their views ana wishes th'
the opportunity for action was thus mat
rally lessened.
The growth of the bimetallio sentimei
among the masses and in official and eve
in financial circles. according TO the r
ports brought by Mr.. Wolcott and lette
received recently here, has been very grea