The herald., 1897-08-06
BIMETALLISTS
Make Little Progress in
England
NO PROPOSITION IS MADE
NO MEETING OF THE CABINET
CALLED
NO PROPOSITION is MADE
England Will Hold Aloof Until All
the Other Nations Are Prac-
+a~a7ly Agreed --.-...
Associated Press Special Wire.


NEW YORK, August 5.-A special to
the World from London says: Sir Thom-
as Sanders, who was the Permanent I'm
der-Secretary and who ranks next to
Lord Salisbury in the Foreign Office.
said to the World correspondents
II do not believe that the British gov
ernment has submitted any proposition
to the American bimetallic ENJOYS. l
have heard of a meeting between Presi-
dent McKinley's commissioners and
Lord Salisbury at the Foreign Office
next week. The report that one will be
held deem untrue.
"At the same time most Of the Cabinet
members will be away. Lord Salisbury
might come to London from Hatfield,
but do not think he will serve, and most
of the Ministers could not be present"
Mr.. Balfour's secretary says no such
meeting has been arranged.
The daily papers are seriously noting
Senator Wolcott's bimetallic commits
sion. The Chronicle says, after author
itatively' announcing meeting for
next week, which Sir Thomas Sanders
says has not been called, that most of
the members of the Cabinet will be pres
ent, and Lord Salisbury is then expected
to make known to President McKinley's
ENJOYS the decision of the British gov
ernment on the subject of the proposed
extension of silver.
As cabled two weeks ago, many people
have expected that Lord Salisbury will
again make his old offer to open the In
dian mints and withdraw the 10-shilling
gold pieces from circulation.
The Statist, the most important f1nan-
cial publication here, has inclined to that
view, and SO has the Times, qualifiedly.
But the World correspondent learns on
very nearly the highest authority that
all such statements are without founda-
tion at present. In connection with the
very grave doubts expressed about any
meeting being held before September, it
may be noted that Mr.. Balfour and the
rest OF the British government are firm
ly Of the opinion that it would harm rath-
er than help any effort to settle the mon
etary question if any offer were to be
made by Great Britain before official ne
gotiations privately conducted had
proved that England, France, Germany
and the United States were prepared to
agree upon steps to effectively remone-
tie silver and to maintain par of ex-
change. 1t is believed that Mr.. Balfour
has refused to hold any official confer
ences with anybody until pretty nearly
a final agreement has been reached.
The French and United States govern
ments have informed the British govern
ment what they will do if England and
Germany will take certain steps. If the
British government should accept this
offer, the acceptance must be condition
al upon Germany's agreement. Germany
will not be approached until it is found
what England will agree to, and much
time must elapse before formal confer
ence is possible. Should Germany tao
lily agree to a proposition agreed upon
by the three other countries, then such
a meeting as has been predicted for next
week might be held. The progress oi
the negotiations now going on in London
is being kept profoundly secret but il
is said that England is prepared to make
a few minor concessions
London takes Senator Wolcott and his
bimetallic colleagues more seriously thar
Paris did. The French newspapers, in
cluding LIE Temps, made game of them
but the London journals regard then
with respect