| Show TINE TIME FOR REAL ACTION The death of the dowager empress and the emperor emperor emperor em em- of China and the naming of a mere lad for emperor emperor emperor em em- leaves the business of China in the hands of her statesmen Unless internal troubles through acts of the Boxers disturb the tranquillity of that great empire empire empire em em- pire the civilized world will see almost at once a mighty advance over the ancient forms which have held control for years The educated class in China feel under deep obligations obligations obligations to the States They know that except for the intervention of the United States in 1900 1000 the chances are ten to one the empire would have been I partitioned and divided up between the land hungry Empires and kingdoms of Europe At the time of the Boxer troubles the United States insisted the integrity of the Chinese territory y must not be dis dis- Because o the United State Stat the bills ren ren- dered by the nations for or the march t to tt Pekin in m 1900 and mid for the injury done by revolutionists nits bills for damages would have been filed against China which she could not have met It was the United States that had those bills cut down and since then the damages accorded to the United States have been re re- re- re As soon as the new treaty was formed the act of the United States in withdrawing her troops from Chinese territory constrained the other powers to todo do the same at least all the others except Russia Russ 1 which b took up a position in Manchuria i and which was as one of the inciting cau causes es of the war with Japan four years fern years later All these acts Chinese statesmen made a note of and the impression it left was that among all the nations nations nations na na- na- na of the earth the United States was the only one oneth th that i did not covet taking some advantage of Chinas China's weakness and want of organization The result is that now when China starts on her new career the feeling of that country will be for a closer walk with S the United States but right in the way comes this difficulty difficulty China China knows no money but silver By the manipulation n of our nat national onal bankers and ers era and by our law which denied to silver any attribute attribute at at- V. V tribute of basic money silver has fallen so low v that we cannot we-cannot cannot annot tr trade de with China Moreover reckoned in our currency China can produce goods at half the tho cost it could before 1893 because the wages of working work work- ing jug men are reckoned in the same currency that they always were and their pay has not been advanced It seems to us this involves upon our country the I I I I necessity of trying to make somo some arrangement by which the nations of the earth may agree upon a price for silver for now we ve are working under the double disadvantage of exchanges so low that we ve cannot afford afford afford af af- af- af ford to trade with China At the same time she is producing goods at half the old price so far as labor laboris is concerned It is the manifest duty of our government government govern I ment immediately upon the convening of congress next month to communicate through our in foreign countries with the countries they have haye gone to represent the United States in to see see if a conference cannot be held whereby the real status of I silver may be established by law because one-half one I the workers of this world know no other money but I silver and we think the status ought to be changed I We do not expect that England will change her standard but she might be induced to do what she agreed to do in 1897 reopen her mints in India which would give a market for two or three times as much silver as is now being consumed and she would agree to a rate of exchange by which silver might be accepted accepted accepted ac ac- ac- ac in silver using countries Mr lUre J. J J. J Hill recently told Mr Morton Frewen that his ships were swinging idly on their chains in Puget sound for want of freight and that exchanges with China had so shrunken that he could not afford to carry freight to that country in those ships Mr Harriman recently gave notice that the reason the great overland road had called off its ships was because because because be be- cause there was no freight for them A great many ancient in New York City are arc now bewailing the mistake that was made in 1893 and the time is ripe for reopening the question The Commercial club of this city last winter sent a petition petition petition peti peti- tion to congress for just this thing It was duly dt y presented presented pre pro and filed and then pigeonholed and in our judgment nothing that can come from the west will meet a generous response in Washington but if Mr l Jill Hill and Mr i H Harriman and the heads of great manufacturing manufacturing manufacturing manu manu- corporations in the east were to sound the alarm and demand an adjustment they would at once be heard There wot would d be a conference and if silver was not recognized as perfect money there thero would at be an agreement that in dealing with silver using countries the gold countries wot would d accept accept accept ac ac- ac- ac silver in exchange at a certain ra ratio o with gold Our country cannot move too quickly in this matter matter mat mat- ter for as we see it China is on the eve of more advancement advancement advancement ad ad- in the next ten years than has come to her herin herin herin in a thousand years of the past She is stretching roads to the interior she has infinite resources the hive is going to swarm and our country will be justly chargeable with an unforgivable indifference to facts which never ought to be This is the time to move and we suggest to our chamber of commerce the advisability of sending east eastone eastone eastone one or two gentlemen of wealth and influence to consult consult con con- sult suit first with J. J J. J Hill then go on to New York and consult with Harriman then call in the exporting merchants of the east and manufacturers and see if the thing cannot be started from New York itself and backed by those strong man men To such an appeal as that congress would instantly lie down The vicious press of the east would either grow still or indorse the measure It is of vital importance and ought to be looked to at once |
