| Show Illl CAUSE OF MUilt I 7 I The Irealdeola lelectlooa for memo n1f half the bimetallic commission are 1 doubtless as good as could have bo made no matter how much time or I I oar had been tmptoyed In the pr 0 10rmaDC 01 the hk II Is quite non P artisan meaning 01 course by 0 III I political paraJox wbloh Is I excusable I that both ot the Principal politicO parties fare represented Senator E i O Wolcitt of Colored la I a Oliver Itputol can of conservative I tendon > clei O J 1alne of 1 Umichu 11 Potts la quite aa moderate In r Ills support ol the gold Standard and la also a Republican while ex 1 Vice Iraldent Stevenson aa we oil I I know 10 In Democrat 01 straightest Ill I neat and just aa renounced In his freer free-r i Oliver views The proper poise has I i booo maintained especially wnoo we o 1 I consider that all are men of high A i character great attainments and can I i aldarable experience I i Aa to what the commissioners will I I be ablets accomplish In the desired direction 11111 title to speculate at this i 11 time Undoubtedly will In their of I j support ol the called of bimetal 11 t I Items encounter similar lofluencea 10 theme which prevailed lu The r 71 it 1 last International conference lieU at 1 1 I llrutaeia a lew years ago tbat lethe I I I commissioners agreed to disagree This a II means In every Stich visa that so far p from silver being advanced from the I ololu II now occupies and for more 1 tnein twenty years big clocupleditte P pronouuodly degraded Ibo II PCs the agitation regarding II bd nol I I taken place The Singular feature of rl i tbe Jtruiaela galherlng was that the t I I mon 0111 main who wu expected be I i entirely hostile ooJ 10 no deified com i promlelng In his poallleu Uiron 1 llllbachlld was about the moil mod A I orate of any of the Eurolems delegates regarding the treatment 10 bo Ae Died a the white metal Tbo most Ji 01 hover till at could be oblal0011rom d him In tile way ol revertible concea I alone was when viewed train all aides i I no mot than a UJI he did not I I oppose or deoldeJly favor The worst of It la that nations which II produces no Bilve I but have many filter ill I uge to Bell 10 their olgb lore L cannot be prevailed upon 10 1001 if at Ibo situation aa It actually la I f They only nee thai beginning with U I Great Britain early In the century of and ending with the United Hates In 00 1873 one el the great powers after I oolbr either boo demonetized lIver outright or greatly reduced Its clrcula a lion and debttaying power and o when they sell anything they want a a the bn money there Ie 10 be hild 11 I I matters little to them they Seoul to IbID whether Ibo commerce 01 the I world Is I carried aD with one kind Dr money or two since nearly all they re calve must como from abroad any way I ir tbey could be InJucid to look at the J 1 matter aa It brands they would at once See bow decidedly they ate standing 10 their own light It la not dear money r thai I encourages enterprise on 1 atlmu a f L Stan I Lusineks transactions but cheap money jun 011 10 tile mall dub thu little Purchases the ready cash trans acllonllb1 make up the great volume to 01 trade Dear money means a orclty of at itsot 0 1 alrlctiU tuiply while cheap Money means a eumolol quo I 1117 nol only to meet the demands 01 current transactions bulla create A ready market for all kinds 01 products and make tile producer assured 01 ro h tutus In SAVAIICU 01 hh produllooo 111 HI I visit demonellullou boo rduod I the iS uejlllable medium I or Ihe t norM nearly po In It not quite fifty per cent And caused ee those who live ty trade to rely chiefly upon the Inner or dear monej trans so ho action which 1 are cauiparatlToly lies tied and only 10 A reduced = teut upon tile smaller oDe wblob rel resent Ibe actual business welfare Rua Rally t Jll Illy ao lly of the country If silver were again rcgold Money lon uoUm Alt lId extent the jrojuoiti woulj bbl Gof able to rrodune more with more certainty ya tainty ol a really market and the price el everything would almost us certain t I ly advance besides |
