The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-31
TODISCARDSILYER
MEXICAN REPUBLIC MAY SOON
ADOPT TIE GOLD STANDARD.
senior De Azpiroz, Ambassador at
Washington, Confirms the Report as
To hi. Country's Intentions.
CHANGE WILL BE DIFFICULT
OWING TO THE FACT THAT MEXICO
PRODUCES MUCH SILVER
And Most Perfect N Plan for Replace
ing Its Present Depreciated Dollars
with Those Worth 100 Cents.
RICHARDS TO BE PROMOTED
WILL SUCCEED Hermann AS LAND
OFFICE COMMISSIONERS.
ant-Governor Taft Likely to Sue
ceed shiras on Supreme Bench.
And Most Perfect n Plan for Replace
ing Its Present Deprecated Dollars
with Those Worth 100 Cents.
RICHARDS TO BE PROMOTED
WILL SUCCEED Hermann AS LAND
OFFICE COMMISSIONER.
John III. TimpIe, of Ohio, to Be Assist
ceed shiras on Supreme Bench.

stan Correspondence OF the Journal
WASHINGTON, Dec 30-The Mexican
ambassador to the United States to-day
confirmed the report that his country con-
templates abandoning the silver standard
and going upon a gold basis. Intimations
to that effect have reached the United
States in the past few weeks. MY govern
ment." said the ambassador. ''is examining
the question of changing to the gold stand
ard with a view of taking the preliminary
steps toward accomplishing the change.
The great difficulty in the way is the fact
that Mexico produces so much silver and
comparatively so little gold. The problem
is how to obtain the amount of gold which
would be required to substitute the gold
standard"
Mexican fnanciers are studying the ex-
perience of Japan i'm going on gold basis,
as the conditions in the two countries are
similar. If Mexico abandons silver 1t is
thought il will have the effect of expediting
the establishment of the gold standard in
the Philippines. The Mexican dollar Is
used extensively in Oriental trade.
The retirement of Binger Hermann as
commissioner of the General Land Office,
will be followed by the promotion of ex-
Gov. w. Richards. of Wyoming. who is
now assistant commissioner. Mr.. Richards
will be succeeded by John w. Fimpe.
Judge William III. Taft, civil Governor
Of the Philippines. probably will be ap-
llted an associate Justice of the United
states Supreme Court before long. Justice
Shiras will retire some time during the
present winter. The date has not yet been
Nxed and cannot be until certain cases
which have been argued. and other cases
which have been set for reargument. have
been disposed of. Mr.. Shiras. however, will
retire during the present session of Con-
gress I'm order that his successor may be
confirmed before the adjournment. 1t Is
believed Judge Taft will be appointed.
A. d. Lynch. who resigned his position
in the office of the controller of the cur
Iency, will go with his wife to California.
They may return to Indiana for perma-
nent residence
Patents were granted to-day to the fol-
lowing Indiana inventors: Cecil Z. Gibson.
Indianapolis. keeper for fire alarm box
keys: Lewis F. Hoffman, Oakland City,
automatic water discharging apparatus for
wells; William A. Morgan. Dublin, rotary
engine or pump; Jonathan Nelson, Warsaw,
garment scale: George b. Okey and l..
Nathan. Indianapolis, burial vault; Oscar
Potter. Indianapolis. hammock Paul H.
Apite. indianapolis, engine and driving gear
support for steam wagons
Mr.. and Mrs. John w. Foster gave a
dinner tonight in honor of the British
amba ssador. Sir Michael Herbert, and Lady
Herbert Among the guests were Senator
nd dan bfar
Edwin II. Gates, of Richmond. Ind, will
be appointed d:sbursing officer for the
new federal building at Richmond. Mr..
Gates Is cashier of the Union National
Bank. of Richmond. Representative Wat
son interested himself in Mr.. Cates's can
didacy sometime ago.
w. L. Penfeld. solicitor OF the State De-
partment, will leave for Indiana to-mor-
row to remain until the first of next week.
c. A G.