| Show 1 SEEN SEEN- HEARD around the tha th National Capital By By By CARTER FIELD FIELD Washington Wa Treasury Treasury experts are somewhat disturbed 1 over the news that China has actually exported worth of oC sliver silver since this government announced I Its of that metal They are dis for two reasons One Is 1 that they held the theory very firmly that the Orient meaning chiefly China and India always bought sll yer ver during a rise In the price and then simply held on ou to It It The other reason Is let that the treasury has a tremendous respect for the wisdom and sagacity of the Oriental metal dealers trained 1 as they have been for thousands of oC years from father to son In hUon In these commodities It Is not the tho amount of ot slIver silver exported by China which Is disturb disturbing disturbIng In ing If J there were any thought that this would be all nil and that the threatened embargo emb would be placed on further exports there would be nothing alarming about such an amount But the gO gOel government el experts do donot donot o not like the tho Idea Iden that silver slIver coul could 1 have havo been In the Ir I ir it East at present prices for export The really troublesome feature Is that these trained speculators of ot the East ast did not buy all the silver that was offered locally at nt any such prices It makes the treasury won wonder wonder on der er It if these Eastern speculators do donot donot donot not believe the United Stites gOY gov government government Is going to succeed In its object of at putting the world orld price of ot slier liver up Meanwhile senators In and ind 1 members of the tho house from the W e estern tern states are getting ready for a real drive e for In the next session of ot congress They are talk log It In their campaign speeches critIcizing the lul lukewarm attitude of oC the government and Insisting that whit Ins his been done In nation silver er it around 50 O cents and andIn andin andIn In pacing Ing a hl higher her price for the thene ne newly Iy mined silver sll Is just a flyspeck fly flyspeck speck peck Want New Coin Which Is not good ne news nes s around eIther the White House or the treasury As a matter of oC fact tube the experts a advising h Ising the administration on currency would be far more ready to accept sl si thin th LI hl They prefer the Idel idee ot of a n new v coin the tir value of which would be a n certain quantity of at gold and a certain quantity of ot silver In Instead instead Instead stead of ot a n quantity of oC gold goldor goldor goldor or a certain amount of oC silver Is meint by bl bi The use of so o much gold and so much silver eliminate the Idea Idel of ot a ratio between gold and silver er The value of ot either cither metal could flue a great deal without causing any of at the consequences predicted to follow v fluctuations of oC the t two 0 metals In the case of bl bi I 1 or example the Gold Bugs from the Bryan an campaign down have al always always always ways Insisted that If It the ratio of er were mide too high all the gold would leave the country But the government Is not ant anC lous an Ions lous to renew rene Its slyer silver battle with Capitol hill Despite private claims that the tho White House Imposed its will on congress In the silver er bill of last t session which claims are very vcr ver much open to doubt on the face tace of the returns the administration might find Itself stampeded or steam steamrollered steamrollered on the tir sils silver r er Issue On the other hand If It It can be demonstrated before January when hen congress meets that the effect of the governments government s silver er policy has already been to advance the tir world price of ot slier silver er sharply the silver stiver senators and representatives would prove much I less ss In their fight There might be a disposition to wait walt and see se what the tir policy would bring forth without forcing the government s hand any further See British Trick Proposals have base been made to the gO government emment of Great Britain for fora fora fora a permanent stabilization of ot the pound and the dollar with LoU both countries returning to the gold standard But there thera was a catch In Inthe Inthe the proposals so obvious a catch that the officials here do not be beleve belleve leve leeve the British were ere sincere In making their offer The catch was that the United States should fix Ox the value alue of ot the dollar In gold first t then Great Britain would fix dx the value of ot the pound Inter later Apparently the United States would have bave nothing to say about the price nt at which v the pound should be fixed In gold goM any more than the British would have to say about the price In gold it which the dollar should be fixed But the Brit British Ish would woul know when they fixed the price of the pound just where here the United Stites had flied fixed the price of the dollar Hence they could cut th their lr cloth accordingly so to speak giving their manufacturers any ad advantage vantage In lov 10 lower cr er costs cots that the they might decide was as as necessary nry Officials here there say the privately privately whole hole thing was as very much under the rose thit rose tint the British would hive been heen willing III I n to play ball If It tho the United States had nc ac accepted their sided one-sided offer otTer th the do donot donot o not believe beIle e the British had om any Idea that their proposal would be accepted J They bey hail the purpose was to enable spokesmen spokes spokesmen spokesmen men on the floor of oC parliament to reply to questions from the tho that they made a 8 gener generous ous ens offer alTer to co operate with the United States In stabilizing the dol dollar doltar dollar tar lar and pound and returning to the told gold standard but that this offer had not b been cn accepted Which would rather effectually shut ore off criticism of ot the British government s a failure to stabilize or to return to the gold standard Want Cheaper Pound The reason the American officials think that the British dl did 1 not noti i really want the offer accepted Is IsI I something else again There has hns been a theory here for tor several sears cars that the British h did not want vant to stabilize the pound In gold at any any- anything anything anything thing like lIe as high a n figure as any anyone anyone anyone one was as thinking about at nt the tho time The reason which Is ly Im important In figurIng out the probability of oC n I return to the gold sold standard by Great Britain Is that the British simply cannot continuo to carry the tho burden of ot Interest on their publIc debt with Ith the pound at an anything thing like Its present value Great Britain was as the only one of ot the allies whIch ss ent back to the gold standard after the war ar at anything like the prewar pre value of at Its currency The Italians marked down the value of ot the tho lira from about 20 O cents to under 5 cents when hen they returned to tho the gold standard Tho The trench French marked down theIr franc from about 20 O cents to about 4 cents the Belgians from 20 cents to 3 while the Austrians al almost almost most wiped out their currency and the Germans completely wiped out theirs When hen hen the pound Its ap approxImate approximate approximate proxImate lowater low water ater mark In In dol dollars dollars lars of 3 25 prior to our going off orf gold gOl this writer pointed out that best opinion here was It would have to go considerably lower before Great Britain could stand he debt burhus M Maryland Politics Always ays Inexplicable to outsiders outsiders- ind id for that mutter to most rest resl dents 1 politics Is ap- ap approaching ap approaching a new high water mar mark for bizarreness this year To begin with we e have a United States senator Philips Lee Golds Goldsborough Goldsborough borough h making the race for gOY gov governor governor Instead of ot running for re- re reelection reelection election re-election election as senator despite the fact that the obvious Democratic nom nominee nee against him George L Rad Radcliffe cliffe has never run for tor office be- be before before be before fore and Is therefore a totally un unknown unknown known quantity as a vote getter Then we have havo a sitting governor who ho has had four terms although no one else ever succeeded In get gettin getting getting tin ting more than one Insisting on standIng for a fifth firth term as goner gOer gO governor er nor Instead ot of stepping Into the cenate as ns his party leaders lm him to do and everyone every one con concedes concedes concedes cedes he could have done Ills his In insistence almo almost almot t wrecked tho the party organization This Is Albert Cabell known to Washington eor cor correspondents correspondents respondents as the More or Loss Permanent Governor of ot Maryland Senator Goldsborough himself has been governor of ot the state In tact fact ho and Lloyd Lowndes who was elected back In 18 1893 5 during a re result olt against the old Gorman Rasin ma machIne machine machine chIne are the only two Republican governors go tho the Maryland lund tree rree FreeState State has ever had Each Ench was vas succeeded at nt the end of ot his first term by a Democrat Now he Is anxious to be governor a again There are a number of ot rea reasons reasons reasons sons for tor his choice chalco Most Important Is the strange situation In which GO Ritchie finds himself The boss of at the state for more thin fifteen years the governor en encountered encountered encountered countered opposition to his wishes this year icar ear Senator Millard F TydIngs Ing known In Washington as Glad ridings decided that Mr Ir RItchie had been governor long enough Senator Tydings comes up four rears from now and It occurred to him that the gO governor might just decide after aCter four years more as gov governor governor that he would like to round out his career In the senate which would retire Senator tram from public life lite Despite the extraordinary upsets and unpredictable exigencies of ot poi pol tics leaders continue to plan ahead nhe So Senator Tydings wanted Gov Governor Governor Ritchie to tome Lome to the senate this year and he decided that he would do his own picking of ot the new governor thus actually malt mak makIn malting In ing himself boss boas of oC the state In place of ot G Governor vernor Ritchie Bobs The senator was aided In thIs planning by the fact that due to toG G Governor Ritchie s a attempt to sup sup- suppress suppress press mob violence In the eastern shore counties last year ear a lot of oC opposition to another term for the governor ha had 1 de developed elop d In that Im poll section politically politically section For nominates by com Ln and a small number of ot the 23 counties balance Baltimore city though the city has more than halt half the population of ot tho the state Baltimore s 8 mayor Hov ard Jack Jackson Jackson son had also alo been counting on thIs defection from Governor Ritchie s 8 strength In the eastern shore anG anC had thrown thron n his Ills hat In the ring Rut But In some mysterious way the governor Induced Senator can candidate Radcliffe to withdraw v and nd run for time the lie senate after wires Ires had been ben pulled which made malle It lm I possible Jo for tor rn or Jackson n to tho ho eastern shore shoie e delegates Ites The Thema Thema I mayor ma or withdrew In n a huff blaming lr fr Radcliffe Now Governor Ritchie seems sure of oC 1 ww V SU u I |
