Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-12-01
HE BRUSSELS CONFERENCE.
Progress of Committee work on Pians-A
Timetable Proposal.

fAoEfehN OF muittso noFk on fihus-h
Timetable Proposal.
tBy Anglo-American cablc 70 the Dispatch.l
BRrssEis. November 30.--rhe International
Monetary Conference did not meet to-day Tho
next sitting will be Friday, when 1t is expected
that the committee considering the Rothschid
proposals will make report.
LONDON PREss COMMENT.
LONDON, November 3O.--The Dqflv TelegrGph, b,
In an editorial Article, suggests that silver be
ma 10 legal-tender up 70 the amount Of ca In
order % secure tho invOlabihty Of the Go pieces.
II continues: q" Even II tho conference should
adopt the R0thschild silyOr plan there might
be months, and perhaps years. Of negotiation
between tho different governments before any
thing could actually be done. But it IA untver-
sally feisthat Mr.. de Rothschild bRs done great
service TO commercial interests by avortDg an
utter smash cf silver through the collapse Of tho
monetary conference
The IUa SAYS that the Rothschild silver sch he-
dulo ia free from tue blemishe5 found in nearly
all recent schemes and marks q now era In the
currency discussion.
THE ITALIAN WISH.
Tho Chronicles Rome correspondent saws: " II
is sefni-oniCially declared here that the Italian
delegates At Brus els hope to induce tho none
tary conference TO agree % the principle that no
State I'm the Latin Monetary Union shall give cur
rency 10 the small coinage OF other States in tho
union. such decision would be OF great nd
vantage TO Italy, for she n denudod Of small
C0ns'
The Nurs in it, financial article says that It Is
und dsTstood that the proposed limit OF the legal
tender Of silver win be reduced 20 e. 70 also
sugcss,s that iu1smuch ~ sit William Vernon
llareourt selected Alfred de Rothschild as a
delegate 20 the monetary conference the last
named gentleman has probably received an
i1kling that tho British Government Will support
lis scheme.
The Standards financial article says: Tho
silver market S. not iav0rably impressed with
Mr. Dc Roth lschl!d's scheme. The more tho
cnN cF IN te qVn q a
! i'- impract;cabli,y. The collapse Of the none
tsry conference is expected in all financial cir
clcs.'
THE COMMITTEE on rLASs.
BRUSSELS. November 3O.-Tho committee Of
twelve appointed by tho International Monetary
| Conference TO examine into and report on tho
proposals submitted by Mr.. Alfred de ROths-
child, Of the British delegates, sat yesterday
Tor a sht hours, with only short interval FOR
luncheon. The members have arranged 10 give
thUr exclusive attention 10 the work VI the COM
mlttee. 80 as 10 bo able 20 present on exhaustive
report 10 the conference. Several experts who
are not delegates 10 the conference offered to
give evidence on tho prOdu ton Of precious
metals aud other points relating TO the delbc-
Tatious, but the committee declined 20 hear W.T.
ncsses ON any side OF the various questions
IL Is understood that the &C mmIttee take, as
most nearly approaching accuracy, the statistics
prepared by otto Iaupt especially Tor the use
of the conference giving estimates complied
from the latest data Cf the monetary stocks O' the
world, and toe annual production and consump-
tiOl Of gold ana silver. senator Jones, ono OF
the American delegates, has prepared n special
statement OF the consumption aud production Of
silver.
Az ADDITIONAL PLAN.
The committee has consented TO request the
Danish delegate. G. i. Iletjen. 20 submit his
plan as an dd1eHdum b the de Rotbschild plan.
Mr. Tletlen IS q mOnOmetallis'. lie proposes
the coinage OF silver nvefrsnc, four-suilling, aud
dollar pieces, rated 10 gold according o. the price
of silver IN the year previous tc tno adoption oI
the international agreement, with seigniorage
Of 10 per cont.
lie also proposes the appointment Of perms-
nout International commission 10 fix the Initial
price. Should the price Of silver fall TO per
cent. below the coinage ratio this commission
Will have authority to fix new ratio ana order
the reCoinage Of pieces, 1hesc cOius VIII he
lcgal-tendor internationally, the banks 20 keep
them as "a reserve against notes aud they haV7
the rgnt u dcmand goa III tAchhhtA loI IEelu
a. any time from the government Issuing the
particular coin held
THE sTuCTEsT SECRECY.
Tho members u the committee declare that
their proceedings Wust be kept completely pri-
vnte uut!l definite DECISIONS are attained. Ihcy
will not communicate even 20 delegates not be-
lougtug % the COMMITTEES the progress they are
making ia the discussion.
HOTuLCuIDs PLAN 10 BE RECOMMENDED.
RRUssEIs, November 3O.-it Is regarded a.
certain tnHt the committee having in charge tho
K0fhechiid silver proposals viii recommend the
abortion of Nr. ROthschi.ds plan. with sOT i'm
p0r.gut notifications, including sugSestlOn
mat the limit Cor tho purchase OF silver
he reduced TO three year.. Il is understOod that
the recommendation will not DO presented as
the unanimous report Of the committee, bl;
that the views OF the minority Will be
explicitly stated. An animated discussion
will, n il expected, take place In the con-
feronce on Friday. Tho American delegates
although they invite discussion Ot the ko'hs-
chiiI and other plans, intend % have their own
scheme OF international bimeialllsm thoroughly
debated.
The majority of the delegates seem tonight 70
be inclined 10 adopt the Rothschild plan, modi
fed by eugeestions from the SOetber and Levi