People's Pilot, Volume 3, Number 48, Rensselaer, Jasper County, 18 May 1894 — THE SILVER QUESTION. [ARTICLE]

THE SILVER QUESTION.

Mexico’s Call for a Conference Will Now Await Action In Europe. The quiet effort undertaken by the Mexican government two months ago, as disclosed at the time by an interview with Minister Romero, to find, through its diplomatic representatives, what were the prospects of reviving the international monetary conference, and the implied threat contained therein that Mex co and other American nations having a silver standard might be unable to meet their obligations to European bondholders if that metal continued to be depreciated, seems not to have been without results. In this connection the official consideration of the silver question by the German financial authorities has doubtless had its influences, and the call for a silver conference to meet iu London, with Hon. Arthur Balfour and others prominent in opposition to the Rosebery cabinet, has given Mexico and the other countries interested considerable encouragement The possibility that the present British cabinet will not last much longer than the date upon which the London conference is expected to adjourn, is thought to lend additional significance to the announcement, on good authority, that Lord Rosebery may assent to the participation of India in the international conference that will probably be arranged by Germany. This is exactly what Mexico has been,waiting for, as it relieves that country of the necessity for issuing t-.e call to which all the South and Central American nations had already signified their intention to respond, for a meeting in the City of Mexico iu August for the purpose of taking steps to prevent the further appreciation of bonds held in countries having the single gold standard. This call is now in the hands of Mexican diplomatic officials, ready for presentation to the various governments, but it will now be temporarily withheld to await Germany’s decision, upon the recommendation of the imperial treasury officials, who are understood to have concluded their investigations.—Washing ton Post