Rensselaer Semi-Weekly Republican, Volume 19, Number 16, Rensselaer, Jasper County, 29 October 1897 — WILL NOT AID SILVER. [ARTICLE]

WILL NOT AID SILVER.

British Government Not Ready to Re*open the Indian Mints. Lord Salisbury sent to Ambassador. Hay the reply of the British. Government to the proposals of the American Bimetallic Commission, headed by Senator Wolcott. It is a diplomatically worded note.: His lordship says that the Government of Great Britain is not able to reopen the India mints at present. He regrets hie inability to accede to the proposals of theAmerican commission, Great Britain having h’s great an interest as the United. States and France in securing a stable par exchange for gold and silver and an enlarged use of silver. In these circumstances, continues Lord’ Salisbury, the British Government doeo not see the desirability of an international monetary conference, but will- be pleased to consider any other practical suggestions from the United States. Lord Salisburj’ incloses with" the note a copy of the statement of Sir J. Westland, head of the financial department of India, which was uader discussion at the meeting of the cabinet council last Saturday, and which takes strong grounds against the reopening of the India mints.