Show UNPRECtENHU V V IN ITS HISTORY Bank England Condemned By London Bankers GOLD BUGS MET AT WASHINGTON Committees Appointed on Gold and Currency and Banking 4 London Bankers Close Observers ot Our Honey Stringency Chinese In Anticipation of Gold Standard Buying Silver to Purchase Gold Millions In Gold Arriving at San Francisco For Wheat London Sept 22A meeting of tho bankers of London called to protest against the action of the governor cf the Bank of England Mr Hugh r Smith who at the semiannual meeting o that institution en Thursday last read a letter dated July 29 addressed to the chancellor o the exchequer Sir Michael HicksBeach in which the governor gov-ernor announced that the bank wan prepared to carry out what is laid V down a permissible in its charter V namely to hold onefifth of the bullion held against its note issue in silver provided always that the French mint V is again open to the free coinage of silver ver and that the prices at which silver sil-ver is procurable and salable procurble SLable are satisfactory sat-isfactory uas held at the clearIng house today There was a large attendance at-tendance of representatives of powerful power-ful Interests Several of the prominent banks were not represented but according V ac-cording to statements of those who participated in the meeung their absence 1 ab-sence was due to the fact fiat the i head of the banks were not in or nax London A resolution protesting against the Bank of Englands proposed action was adopted This resolution will be adopte embodied em-bodied in a letter to the governor i > f the Bank of England and which will be presented to him tomorrow The bankers who were present at to days meeting were pledged to secret yin y-in regard to the proceedings Robert Benson who threatened at the recent meeting of the Bank of England to sell his bank stock if silver reserves were held took a prominent part in the meeting today The protest upon the part of the V London bankers Is unprecedented and is the only thing talked about at pre ent in financial circles |