The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1892-12-08
HONEY CONFERENCE.
RothschiId's Plan Will Continue
to be Discussed.
FAILURE MAY YET BE AyERTED.
The President of the Conference Is Opposed
to Discussing the American Plan
Attitude OF the French Delegates

BRUSSELS, Dec. An important section
Of the international monetary conference
holds that Rothschild's withdrawal of his
plan does not debar further discussion by
the conference, the committee to which
the plan was referred having presented it
for consideration of the conference, thus
taking it cut of Rothschild's hand. Today
Sainctenette, the Belgian delegate who
supports the Rothschild plan with the
Moritz Levy amendment substituting sill
We. Tor small gold coins, will hold con-
ferL ce with Sir @. Fremantle. deputy
master Of the British mint, and Toca, the
Spanish delegate, on putting an amend
ment on the Rothschild plan to vote of
the conference. Both Toca and Saine-
tellette hold that q failure of the con fer
enoe can yet be ayerted by a majority of
delegates recommending either ths Levy
project or the amended Rothschild plan.
The scheme proposed by Teitjen, Danish
delegate, is treated with indifference. It
may be dropped without discussion by the
conference. The proposals advanced by
Sir c. Houldsworth, though spplauded by
pronounced bi-metailist delegates yester-
day, is not considered by his colleagues
worth wasting time over in the discussion.
His plan will probably be referred to the
committee tomorrow ana not be heard of
again. The uncertain attitude Of the
French delegates is influencing other
representatives whose countries belong 20
tue Latin union.
There has been 8 cause for complaint
that other mem bers DESTROYS of frank op
position to, or cooperation in Rotlschild's
plan, communicated these proposals. to the
French delegates before they were submit
ted 10 the conference and were led TO be-
leve the French delegates would support
the plan. Had they believed otherwise
they would have rec0nsidered the question
Of presenting plan. Il is the opinion of
many delegates that the French govern
meDt does not desire the conference to de-
eide anything.
An interview has been published here
with Leon Say, well known French huan-
cier, which says that he declared that he
thought the attitude of both English and
American delegates deplorable, especially
to the Americans, VINO appeared TO be
without definite proposals. Say could not
understand why the British. as practical
business men. wanted the assistance OF
France Ia a matter which was their own
concern. In regard to the Rothschild pro-
posals he declared he thought they solved
nothing, and added that he thoughtthe de-
alterations Of the conference would end in
nothing. Says remarks define the action
OF the French delegates who criIiciss
everything in the conference or in CON-
mittee but suggest nothing.
Opinions among delegates have become
more clearly defined. partisans of the single
and double standards proving more ire
cOncilable as the discussion develops.
Henry W. Cannon, Of the American dele
gates. has asked the committee TO discuss
the proposals of the American delegates
g.
Montehore Levi, president of the confer
ence, opposes the committees proceeding
20 discuss the American proposals. The
basis of his objections is on the ground that
the committee was appointed TO discuss
the special question on reference from the
conference, that the American proposals
are related 10 fundamental principles that
would better come within the competence
OF the conference. A majority OF the COM
mittee concur in the opinion of Levi.
Hon. L. Terrell American minister to
Belgium viii give a banquet in honor Of
the delegates tomorrow. The grand NUM-
cipal reception at the Hotel De Vile has
been fixed for Dec. is. This will wind up
tho fetes in honor of the delegates until
after Christmas.
Benjamin Andrew of the American dele
cation and J. N. Gerasevan of Neither
lands, viii speak IN favor of the American
plan when il is discussed tomorrow. Presi-
OcuG Levy mas received COMMUNICATION
from Mr. Allan, membe OF the institute
OF civil engineers, who had much expert
ence in India, suggesting that SILVER pro-
ducing countries agree each to impose a
fiscal duty on all silver exported except
their own silver coins, the duty being On a
sliding scale equal TO the difference in
value Of the market price in silver and an
an international minimum value, less q
liked percentage on coinage. No silver
thus exported being under standard min
imum value, but TO be free to command ex-
change in its favor. This proposal, it is
expected, win be discussed by the COM
mittee, but it is doubtful if il be seriously
entertained il view of the fact that Mexico
and other silver producing countries have
clearly explained that they cannot agree to
any restrictions Of the silver industry.
To Protect Indias Interest.
CALCUTTA, Dec. THE vice-president of