International Bimetalism

There is another flurry abroad in favor of international binietalism. The Germán reichstag on the i6th inst passed a resolution instructing the federal government to issue invitations for an international conference totakeaction on the rehabilitation of silver. Whether more could be accomplished now than heretofore by such a congress remains to be seen. The action of the reichstag together with teports from England seem to indicate, however, that there is a rising sentiment abroad in favor of bimetalism. The fact that the initiative comes from over the water would no doubt have a considerable influence in its favor. Heretofore our government has initiated these movements and because of the fact that we produce silver largely our purpose has been regarded as purely selfish. This charge cannot be made against Germany. There is no doubt but that the great majority of people in this country are in favor of bimetalism. They want neither gold nor silver monometalism. There are those who think this country alone could cstablish and maintain the doublé standard. The Bland-Allison act and the Sherman act were outcroppings of this idea and their workings ought to be sufficient evidence of the danger attending such an experiment. They all but resulted in giving the country silver monometalism. That this would be the ble result of f ree coinage by this country alone comparatively few people of intelligent financial views doubt, and that this is what the extreme advocates of silver want is evidenced by the bitter opposition of the silventes in the senate to Senator Hill's resolution declaring it to be the purpose of this country to pay its obligations in the best coin available at the time of their maturity. The intelligence and good sense of our people can be depended upon however, to prevent the nation from going to any such extreme. In the meantime every true friend of real bimetalism will find renewed hope in news from over the sea. The action of the silver men in the senate last Saturday in favor of tabling the Hill and Sherman resolutions, which simply stated it to be the purpose of the United States government to pay its obligations when due in the "best" coin available at the time, completely uncovcred the purpose of the silverites, and has already had a bad effect on silver. It furnished the most conclusive evidence, if any additional evidence was needed, as to the purpose of these men. It established the fact that they do not believe or expect that silver under the operation of their plan will be the "best" coin. The wily Hill laid.the trap into which the stlverites feil, for the purpose of making them show their hand, and followed up his advantage with the indisputable logic of iheir position. He said: "At least this debate has cleared the atmosphere. The true purpose of these professed friends of silver has been laid bare. It was that they intended to pay our government obligations in silver coin, no matter how degraded, how depreciated that metal might be. It was for the purpose of securing this disclosure that the resolution was presented. It was brought forward to have senators disclose their policy and to present a different policy. To the fling of the senator fromColorado that I am a bimetallist on a gold basis, I answer that he is a bimetallist on a silver basis., It was a mere play on words," said Mr. Hill. "Such men were not for bimetallism at all; they were for silver and silver only." The result of this bout has been to open the eyes of some of the moderate silver men and cause them to doubt whether free silver will be a boon for existing ills. The minority report of the committee on privileges and elections of the United States senate in favor of the election of members of the upper house by popular vote is significant. It is the first intimation that body has given for a long time that it even so much as considered for a moment the wishes of the people. It is encouraging, therefore, to know that this ever widening demand of the people to be rep'resented in the senate in the place of the Standard Oil company, the great railways, the sugar trust and the silver mines, has at last penetrated the pachadermous skins of at least some of the senators. The report is signed by Senators Turpie, Palmer and Mitchell, all democrats. It is fitting that they should champion the cause of the reform as it is in accord with a fundamental democratie principie. The mode of election of senators is the most un-American of all the features of our government. It is a constant reminder of a lack of confidence in he ability of the people to select heir own officials. The arguments n favor of the reform are know of all men and are so apparent that he who runs may read. The minority report is a gain for the reform and a satisfaction to all those who beieve in the people and their right o elect their own representatives. All over the whole state, it is observed that there are very few marriage licenses, and clerks report the wedding industry practically demoralized. We have no doubt that it is owing to the democratie administration. The effect of the McKiney tariff in building up infant inustries is thus practically demontrated. The president favors bonds, jut the young people do not seem o be with him. - Adrián Press. The administration bill is defeatd, but Cleveland is not defeated. As he stood before he stands now, iie bulwark of the public credit and ational faith, and the eyes of the jeople are upon him, and not upon tie time-servers and politicians who eem to have no care for the honor r financial standing of the government. - Chicago Herald. They have a peculiar mode of jostal service in operation between 3aris and Berlin. It consists of a )neumatic tube connecting the two ities, through which letters are ent. A letter mailed in Paris may each its destination in Berlin in lirty-five minutes. During the first nine months of 1894, the United States exported to Great Britain 300,000 head of beef cattle, valued at 529,000,000. And farmers are voting all the while for the "home markets," and damning England, their best customer. - Adrián Press.