The morning journal-courier., 1908-12-23
Senator s Startling Paper Mere ly Intended to Gall Atten- tion to the Subject of
 Exchange.
JUST A PRIVATE OPINION
Says He Has Correspondcd With Mir. Frewen for Twelve Nears-Not Speaking for Monetary
 Commission.

Washington, Dec. 22,--Referring to the publication of a letter written by him on the financial question to Sir Moreton Frewen, Senator Teller said to-day that he had had no intention of reviewing the silver question, but that his only purpose had been to call at tentlon to the present conditions of exchange between Europe and Ameri- ca on one side and Asia on the other.
 The question of exchange, he said, lis one of world wide importance, and there has come to be such a diverg- ence between prices in the gold using and the silver using countries that the situation is growing somewhat acute. It Is so much in evidence that any one who gives the least attention to flnan cial questions must observe 1t. Hence l make no apology for my reference to 1t in a personal letter to MT. Frewen."
 T do not see" he continued, why any of the members of the monetary commission should be astounded at my utterances, as some of them are represented by the newspapers to have been, as my letter did not purport td be written on behalf of or to express the opinion of the commission. For the last l2 years have cor { responded more or less with Mir. Frcw- en as to the monetary condition of Flu rope and the condition of exchange be- tween Europe, the United states and Asia. He Is a gentleman well inform. ed on all these questions When he vis- its the United States he always calls or me and we have discussed these ques tions very fully.
 T did say in my letter to him that the commission would hear him at the proper time, and I have no doubt i will It was justified in this becaus' the commission had sent a portion o It's membership to Europe in searcl of information as to the monetary sys tems of tho world and the condition c the commerce and finance of thos, countries.
 The members who went to Europ, certainly acquired fund of informa ton that will be very useful to no only the commission but to the coun try al large. l practically stated tha was speaking for myself as to what supposed the commission would do have understood that the object Of thl commission is primarily to obtain in formation as to the monetary condi ton of tho world, and intimately {, present that information to congress with or without Its recommendation! as II may deem proper.
 did not indicate that the commis sion were considering. or would con sider the Goschcn plan for small note of ten shllngs OF twenty shllllngs, no that l was in favor Of 1t. Goschen wa a monometallist of the extreme type His proposition was based on tho lde that the small notes. legal tender fo ten dollars only, would make nso Q some silver and that would enable tn government to accumulate gold Thl was not accepted by the silver pcopl either In Europe or the United States Personally I think there is suaicen merit in the Gosehen plan to iustif the commission in considering fl
 As a member of the commission l q not propose to attempt to interfer with the legislation since lsa6 whic established the gold standard In th, country l consider that question set tied for a least a generation, but ove though the finances of the Unite States be fixed, the question of cx change between this country an others is not settled, and do not be lleve that the commIsslon is barre from It's consideration