Show ABGENTIIEEOTJS Maiton if aibfes ConMential Mission Abroad IN THE INTEREST OF SILVER The Gentlemans Labors In Europe Among the FInanciers liluney Men SIEVEli llanton Marbles Mission Abroad WASHINGTON November 8Mantpn Marble who returned from Europe 11 few days ago Las reported in person to Secretary Bayard and President Cleve i and the results of his confidential mission mis-sion there in which he has been employed em-ployed since last May The character and purpose of this important mission are now first made public and which are fully stated in the following letter instructions from Secretary Bayard to Mr Marble in his circular letters to our ministers in England Prance and GermanyMessrs Phelps McLane and Pendleton and show that the President Presi-dent whatever views were esi essed in his silver letter written at Albany before his term of office began or those which he may hereafter set forth in his fist message to Congress promptly accepted the duty imposed upon him bJ the existing laws of Congress requiring arenewed endeavor to promote a bimetallic bi-metallic union with the leading nations of Europe COPY CONFIDENTIAL DEPARTMENT OF SLIT WASHINGTON May 13 1885 Man Marble Esq Ncw York SrThe President has had in review several successive acts of the Congress of the United States from March 1876 to July 1834 which authorized the silver commission of 187677 international monetary conference of Paris of April July 1881 and also the negotiation negotia-tion with foreign governments under the acts of June 11 1879 and August 71882 and the continuance of the same under the act of July 7 1881 have sought to prepare for promote and obtain the adoption of a common ratio between gold and silver for the purpose of establishing internationally the use of bimetallic money and securing secur-ing fixity of value between those metals met-als In compliance with the uniform purpose indicated in these various acts of Coagress in furtherance of their object and in the execution of the policy they prescribe to the Executive I am directed by the President who recognizes your especial competency in practical monetary and ecqnomic sciences to request that you proceed to Europe at the earliest date which shall suit your convenience and by personal conference with expert advisors and statesmen of the principal governments of Eurone and in conjunction con-junction with the ministers presenting present-ing the United States near those governments gov-ernments particularly with our ministers minis-ters to Great Britain France and Germany Ger-many to whom yon will be dulv accredited accre-dited to whom copies of this instruction will bo confidentially transmitted and who will be directed to facilitate the object ob-ject in view by ev ry means in their power by personal conference with representatives of these governments duly authorized in this belialfthat you assist the ministers of the United States to ascertain the present opinions and purposes of those governments in respect re-spect to such an establishment mterna honallyof a fixed relative value between the two metals one ratio of weight between be-tween the coins of gold and the coins of silver the free coinage of both metals at the mints of all and the international use of both metals as money unlimited legal tender Your services to the government in this especial confidential mission will begin at once and will end on or before the reassembling of Congress Con-gress in December next I am sir your obedient servant T FBAYABD I CONFIDENTIAL DEPARTMENT OF STATE WASBIEOTON May 14 1885 To Robert M McLaxic Esq Paris Sir Mr Manton Marble has been chosen by the President confidential agent of the government of the United tates to visit the principal countries of Europe and there to ascertain the present pre-sent opinions and purposes of their governments touching a fixed ratio between be-tween gold and silver and their unrestricted unre-stricted coinage and collateral use as money in domestic circulation and international in-ternational exchange The enclosed copy instructions given to MriSarble will possess you of the objects of his mission and the manner and event of the aid which you and other ministers of the United States to whom like instruction in-struction is addressed will be expected to assist him As it is difficult to overstate over-state the importance of the question and the momentous consequences the American ptople which are involved in its solution the necessity for accurate accu-rate and full knowledge of all facts and of the real intentions and attitude of the leading powers of Europe in regard hereto becomes apparent I trust therefore that noHater than the 1st of Sovesaber next with the assistance of Mr Marbles labors you will enable the President to lay before Congress information infor-mation coupled with the proper sugges tion which may make practicable such legislation as will meet the grave emergency emer-gency t need not impress upoavou the necessity of reticence as to Mr Marblesfunctions You will naturally regard this instruction for the present as personal withholding it from the files of the legation until the proper time arrives for making it of record I am Sir t Your obedient servant T F BATAKD I I j I Mr Marble has spent the last four five months in personal conferences or I with the principal members and the finance ministers of the governments in I Condon Paris and Berlin and in such I onsnlration with the leading econ I mists o and monetary experts of the three great powers of Europe including also the allSeprmSpsl bimetallists principal I all the foremost leaders of the opposition in i lrugla1l4zmd conservatives of such a chrticterj esp laUy With the 1ed1 era r gQvernment and of psrty erg confidential un1es It iE de I l ar of conrs9 co sired to create a difficulty like that whi h lately arose between numerous merchants bankers and publicists niany of the latter having been brought together from all parts of Europe by the fiftyjear jubilee of the statistical society held in London last june Oi France and Germany the leading public men with whom Mr Marble conferred tire less well known here but they include in-clude in France Henri Cernuschi a recognized and preeminent leader of bimetallists bi-metallists not only of France but of Great Britain and all Europe who was a delegate to the International Monetary Conference Confer-ence of 1831 with Maquin its presiding officer who is now the President of the Bank of France Llavery and other experts in the departments Sadicar nrft the Minister ot Finance and De Freycinet the Minister of Foreign Affairs Af-fairs And in Germany besides the leading bankers and bimetall Bleichroler Schraut the expert Delegate Dele-gate of Germany to the conference of 1881 and the author of a wellknown treatise the Most Favored Nation cause of commercial treaties Count Herbert Bismarck now Secretary of State in place of flatzfeldt Von Burch ard the Imperial Finance Minister As Von Scholtz is the Prussian Finance Minister and Von Dech ard a trusted financial adviser of Lord Granville and Prince Bismarck co cerning the alleged advice of the latter on the occupation of Egypt But the State department permits it to be known that Mr Marbles private letters Secretary Bayard and the President have recounted discussions respecting respect-ing an international bimetallic union held with an extraordinary number of persons in those countries of the highest competency in this regard by their political rank and influence or by their expert knowledge For example of the opposition ender in Great Britain Mr Gladstone 1r Childers the Jate Chancellor of the Exchequer Mr Goschen the eminent economistand I satesman who was in 1870 the C airman air-man of the House of Commons 0 nc mittee on the depreciation of silver and in 1878 the chief delegate of Great Britain Brit-ain to the International Monetary Conference Con-ference in Paris Earl Spencer the late I Lord Lieutenant Ireland Lord Rose berry Lori berbrooke who as Robert Lobert Lowe was formerly Chancellor of the Exchequer under Mr Gladstone I J K Cross the late Parliaments UnderSecretary Under-Secretary of State for India Sir Wm Harcourt JohnW right etc Of the present government Lord Iddlesloigh nrst Lord of the Treasury who as Sir Stafford Northcote was Chancellor ol the Exchequer under Lord Beacons field j Sir Michael HicksBeach the present Chancellor of the Exchequer whose motion defeated the Gladstone government in the House of Commons last June Robert Griffin formerly an editor of the London Lon-don Economist and president of the Statistical Society now at the head of the commercial department of the Board of Trade Of other wellknown men Mr William Birch an eminent director of the Bank of England and Henry R Greenfell whose writings with those of Henry Hucks Gibbs have chiefly upheld btmetalism in England both directors of the same bank Prof Henry Sedwick of Oxford who defended defen-ded the bimetallic theory wI his treatise on political economy and was the presiding pre-siding officer of his section in the last British association meeting Prof J E Thorold Rogers of Cambridge Prof David Masson of Edinburgh Professor James Bryce of Oxford tIP tI-P Samuel Smith who with S Williams represents bimetallism and Liverpool in the Houseof Commons Mr Huxley the president of the Royal Society Mr Herbert Spencer Count Munster and M Waddington the German and French Ambassadors in England besides the Pnnco Chancellor who is now and for I many years has been governor of the Imperial Bank of GermanY under whoso skillful administration uerniuii passed through the great wars without resorting to depreciated paper money and by whose advices the sales of Germanys Ger-manys silver were stopped in 1879 together with many others merchants bankers econnmisr and public pen of j whom the first and most important was the famous Prince Chancellor Bismarck |