Show I 1 ENGLISH declare En glands financial supremacy was established shed under a double S standard immense advantages van Lages lost by the adoption of tho the gold unit japanese government in trouble over korea london june 23 A bimetallic memorial has been signed by numbers of the leading bankers merchants and manufacturers dot doing g bu business in the east it first refers to the recent anti anil bimetallic memorial in which it says bimetallism Is justly described as it a mowing glowing agitation it then proceeds to relate that instead of the commercial supremacy of great and the I 1 mancial ascendancy of london having been established since tile the change in III the currency in 1816 it was achieved before then moreover up to nearly sixty years atter after 1816 the hie business of the world was conducted under the dominating influence ot of the bimetallic system the experience ot of recent years has shown that the british commercial policy during this period was due to the universal effect of the bimetallic law and not to the operation of our single standard with the abandonment of bimetallism our immense advantages disappeared the experience ot of history tile the teaching ot of science and the conclusions ot of authority as expressed by the unanimous report of the gold and allver commission unite in supporting the opinion that tile the relative value ot of tha metals could be ba maintained under bimetallism the recent statements on behalf ot of tile the french government the resolutions of the german reichstag and the state council of the prussian diet and the emphatic declaration of the united states in favor of international bimetallism are proofs goofs of their desire to join great britain in a sellous endeavor to accomplish this end the memorial concludes in the presence of the evils which cannot be denied we hope tile the government will not suffer a hypothetical danger to special interests or a prophetic but unsupported assertion of harm to industry or commerce to deter them from a hearty operation cooperation co with the other powers in such measures as seem desirable tor for securing a fixed par ot of exchange for the two metals and a more stable standard of value than we now low possess |