The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-18

d 1.-The experiment upon which the lndin gov
r ernmcnt has entered shall be demonstrated
I'll Mr. Woicott next enumerated the OBJ
} stAclea with which the commission iad 20
) | contend.in which he included the remark-
y able drop In pricc OF silver, the coiucidont
, | tarfn legislation in the United States ard
n the statements Of New York Bankers In
| England, who. he said. sought access 10
English officials and assured them That
, any sentiment which had formerly existed
In the United States fayoring bimetallism
was dead.
n These. he said. were OF course untrue,
but IN support Cf them these people ns-
suIncd TO present Interviews and state
nients OF the director OF the mint. a huid-
4 over from the last administration. The late
controller Of the currency. and translated
10 Chicago bank and pretended state
4 mcnts and Interviews from the secretary
OF the TREASURY TO the effect that there was
no chance for international or other BIZ
mctsllsm. and favoring the permanent
adoption OF the gold standard Nobody IN
Europe cared o rap what the two minor
prophets thought or said SIS nobody IN this
country cares, but the alleged statements
OF the secretary 81 the treasury were a
different natter We Insisted that the let
i tors must be forgeries and the interviews
/ fictitious and | trust they were. Tor II was
4 Uncomfortable that member OF the cabl
| i.ct would seek to undermine the efforts OF
! q mission appointed by the president and
i whose efforts he was cordially and zeal
4 o,isly HerundinEs
Mrs Wocptt summarized the situation
| by saying that its apparent that for the,
/ time being il is useless 70 count On any
/ cooperation from Great Britain towirls
la bimetailic agreement and that while
| France actively desires 10 zee silver re-
stored TO It's old position as n standard ~
! value equally with gold she insists TINT the
| problem Is one which demands inferno
q is,,,
adequate extent OF other leading CONNER
| tial nhtons Of the world.
! Questions 81 possible future negotiations
! between France, the Unlted States and
other countries and the question OF the
changing the ratio are Tor the moment
held in abcyance. While we hope for con-
tnned joint action, France owes no further
duty TO us. IL Is my sincere conviction,
no said that an international blI1etallic |
agreement is stiii feasible. by the terms
oil which certain countries viii join us and |
open their minis 10 the unlimited coinage |
Of silver, and others viii contribute to the |
enlarged use OF That metal MS money and |
! say this the more freely because / shall |
gave way upon the commission 10 some
body more lifted for auch negot atiGns and |
better able to give them his constant time. |
This result can not be brought about with |
out the expenditure of time and patience |
aud the persons entrusted with tho duty |
Of ncgotiotion must have back Of them the |
fnll support of tho president and OF CON
gress.
He thought It might be necessary 10 |
phahke the Iatlo 70 something IKE ~ 10 /. |
referring to Tue attitude OF Secretary |
u"kN ,n NV uhAncia quosuon' contrasting |
~ elh We pleSiueht ppsiloh' ne says
OF Secretary Cages remarks upon his cur
reney bill
Tho two statements arc utterly nj yari. |
ancc and contradictory TO each other. They |
eHn hot De teeonclsed THIS IL not ,lie
pioper VccAsion 70 hnatyze the bill OF me |
se.'ethry' IL VIII report llnOo long be
loFe IL r@l@hes the senate. But | do not III
load TO discuss the bill which the presl
ufpt , H'esSage docs MOI lndoIsoi ana II vs.
tiuatuFe 70 cllaclae inc secretary We
iti"at accept vac sltunton, Ia cur opinion |
,.lt iheuoerS or the republican party are
pltuelaliists as Il majority and the fact TINT |
theS are misrepfeSented by a cabinet OFF,
s s y moi pleasing, hut u is endurabie. |
the selection q the members of his oiA-
s S househoid Is the presid7nts own al
'ulf' ana 30 long as ne stands upon tie
question OF hmetallism where he lAs ever
s'ooo tner" Is no serious ground for IN
y" Sut even IN the ihconentvahle
osoht tnhi ptR chlel ma&istfate oil this Dap-
PIE shouid In the exercise OF his ildg-
,'eht ue'rrmlne 70 countenanee the final
'"steHhe upon thls country OF the burr
a%ps OF ,ne gold standard! trust we nfay
~ nnd WARRANT for faih and hope in
W Wv WuuEeS OF tne lftriy aud the wisdom
~ ", 70 tuunAeis' we VIII cross oar bridges
MN we come TO them. The time when
uns country VIII submit 10 the final i'm
p'siti"u OF Eoiu recommendation Is FAR away. |
Mucn Oh tue recent Legislation 10 Luz I
ttopo looklhg 70 the adoption of gold hold
a ll gnu lhe appreciation of silver n'ls it's
prlelh ~ mo eNtEenelos OF situation
"here readiness FOR war Is the pafau onnt
necessity. There is hardly IL statesman IN