New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-06
THE MONETARY CONFERENCE.
BRITISH DELEGATES WANT AN EXPRESSION
> OF OPINION ON ROTHSCHILD'S PLAN.
TI.y ENGLISH DALF-2ovEREIGN PIECEs-THE
QUESTION OF ADJoURNMENT-MR. CURMEs
POsITION-A DANISH PROPOSAL.

QUESTION OF ADJQURNMENT-MR. CURRIEs
POsITION-A DANISH PROPOSAL
Brussels Dec. 5-When the international
Monetary Conference resumes its sittings tOmor-
row the first question requiring settlement VIII oe
whether the report Of the committee appointed TO
consider the De Rothschild plan shall be further
debated the proposals of the American deg
gates proceeded with. Mr. de Rothschld, Sir e.
FremantLe and Sir William Iloudsworth. all of
whom British delegates, desire some expression
of opinion regarding the formers phn from the
full Conference Bcrtram Curric, another British
delegate, aims to bring the Conference TO speedy
close. and, in common with some of the other
delegates who are resigned to see the Conference
result in failure, would accelerate the consid'ra-
tion of the American resolutions as fastening the
winding up of the meeting.
Sir c. Frcmantle, with view to the resumption
of the debate ON the De Rothschild plan, has
amended his declaration declining 10 pledge the
English Government to withdraw its half-soV-
creign pieces in favor of silver, by adding the
words "cXcept concurrenty with the adoption
of the R0thschild project or some other proposal
having the same compensatory value. Slr u
Fremantlc who is Deputy Master OF the bri'lSh
Mint, has never been known TO take independent
action or personal initiative, and IT is therefore
taken for granted that he is the mouthpicce oi
th, British GovcrnmcnC in announcing assent to
the abolition of the half-sovcrciSn
If, despite the adverse report OF the committee
the full conference adopts the De Rothschild piah'
several of the delegates will want the conference
to closc or adjourn on December 10 az the latest
If an adjournment is taken il Is doupuul II 'h'Ic
will be full attendance when the sttinsS are re-
sumcd in January.
Mr. Curric has sent 70 " The Times 'er"a'Im
rorort of the speech he made hcorc the Confer
encc on Friday 1ha report j. similar 10 'i'e
hcretofore published accounts Of the speech Only
in IFS advocacy of god standard MI. N"iI"
denies that evils imrcadinS II the W'rI" li''"
a disu-e of ,he silver standard The costly silver
cxucrimcnts of the United States IT,
.,ys are never likely 10 find mi'a'"r'
The Conference had met 10 cE"'a'"r
70 raise the price Of commodities an orl"'' ''"'
vas entirely opposed 10 the economic "o'"l''
accented in Great Britain. Cheap IooGs' ho' "'',
Goods: plenty, not scarcity, had always Nv" "'''
20 be conditions profitable to tradc' in"' " 80"
oral fail in prices had been brought about 10y
aaroit,. If cold had never been proved. Such
,b.orc j. AZ variance with the facts Withih our
| knowledge. ,. .,
Nv rurrjc j. the strongest personality among
t,o p,i,isb delegates. and he will not huds" an
inch toward COMPROMISE
Tho .Indepcndancc Belle" says that the com
mittce will examine into the proposal "l - +
Tc;ticn the Danish delegate. This proposal pro
vides that an international union be formed 10 in
thc relative value Of gold and silver on the OASIS
of ,bc average price Of silver in London during
rho formation Of the union. The members oi the
nnion will be permitted to coin an uhiliil''"
amount of silver coins of the value of one dollar
| which will have unlimited dcbt-paylnS power III
| the country where they are coined.
| The scheme provides for the appointment OF
committee to watch the silver market II thc
value of that metal falls per cent below the
value fixed the committee vii! have tlc power
70 decide whether or not fresh issue ot slWcr
coin is necessary. Every bank of Issue VIII nave
the right to have portion ol II, metlllc r'eoiNc
| in SILVER coin OF the Union without disllhc'Iph'
| and ON six months notice can demand that III"
! silver coin held in the bank treasury ne r'P"A"
| IN gold by the country whence the coins cam
! : Dana Horton SAID to-day to repr SC ta'Nc
| of the Associated Press, III speaking vi the Mohc-
tary Conference: 1t would be difficult t. over
! estimate the educational value 0l Mr.. Alfred ''
| Kot".chlds proposals. This conference Is only
a strn in a long series 1t Is a lesson in the edl-
cation Of the Nations in the advantage OF CO.
| nncration in common interests" -
! Iclceralus from Berlin say uiat mere - tiIh
Of the silver question BENG raised IN the K"lr'S
before the conference adloulns, WIN 1 N""c ~
! inducinp the Government to authorize llc ter
man delegates at the conference 70 80 bey"i'
the proposals Germany presented al We Iari'
! Conference of l~sl. -, ,t...
! King Leopold -dNc an 'iu"Ic"'' " "' a., Si.
al thc palace to-day in the prcschcc ol 'hc NlIl'
| The next meeting i, expected 70 be oi IN
| usual interest Congrcssn1,l james N Met rcafy,
ore of the United States DELEGATES + eNp'c,' 10
o..alo an important statement in reference 70 HE
! i,ncriran progrimur and The pIohHbi" 1utufe
naIicy Of Iii, Govc, nmcnt. Sir Huiliord L.
| Noleswortl of thc India dclc2ation' ana Nir VII
| lam Uouldsworth, Of tie HrltiSi drlcga'l0h' nIF
,'xmor,cd 10 rcply to the speech made by Mr.
| Curric. , , ,h SIernan
| .c, ,cas much discussed among members oi 'nc
confcrrncn to-day The opinion was that },
wonn lie a serious blow unless accompanied py
some other legislation in support ol silver