Los Angeles herald., 1892-12-08
CLOUDS WITH SILVER Innings,
The White Metals Future Is
PrOblematical.
Sundry Schemes for the Solution Of
the Question.
Baron Roths schild's Plan Stlil the Sub
ject OF Discussion-Other Pro-
posals Submitted for
Consideration.
By the Associated Press.

By the Associated Press.
BRUSSELS, Dec. An important sec
ton of the international monetary con-
ference holds that Rothschild's with
drawal of his plan does not debar
further discussion of it by the confer
ence, the committee to which the plan
was referred having presented it for the
consideration OF the conference, thus
taking it out OF Rothschild's hands.
Today Sainctellette, Belgian dele
gate who supports the Rothschild plan,
with M. Lewis amendment substituting
silver forsmall gold coins, will hold q
conference with Sir G. Fremante, dep
uty master OF the British mint, and
Toca, q Spanish delegate, on the ques-
tion of putting the amended Rothschild
plan to vote of the conference. Both
Toca and Sainctellette hold that the fail
ure OF the conference can yet be averted
by majority of the deegates recon-
mending either the Levi project or tine
amended Rothschild plan.
The scheme proposed by Teitjen, the
Danish delegate, is treated with Indlifer-
ence. 1t may be dropped without dis
cussion by the conference.
The proposals advanced by Sir G..
Houldsworthy though applauded by the
pronounced bi-metalliet delegates, yes
terday, are not considered by his col
leagues worth wasting time over in dis
cussion. His plan will probably be Re
ferred to committee tomorrow and not
be heard of again.
The uncertain attitude OF the French
delegates is influencing other represen-
tatives whose countries belong to the
Latin union.
There has been cause of complaint
that other members, desirous of frank
opposition to or cooperation in the
Rothechild plan. communicated these
proposals to the French delegates before
they were submitted to the conference,
and were led to believe that the French
delegates would support the plan. Had
they believed otherwise, they would
have reconsidered the question of pre-
senting the plan. 1t is the opinion OF
many delegates that the French govern
meHt does not desire the conference to
decide anything.
Interviews with M. Leon has been
published. This wel-known French
financier ia represented as hav-
ing declared that he thought
the attitude of both the English
and American delegates deplorable /;
especially that OF the Americans, who
appeared to be without definite pro-
posals. He said he could not under
stand why the British delegates, as
practical business men, wanted the
assistance of France in a matter which
was their own concern. In regard 10
Rothechild's proposals he declared he
thought they solved nothing, and added
that he thought the deliberations of the
conference would end in nothing.
He is said to have remarked that the
principal action of the French delegates
was to criticise everything said in the
conference or in committee, but suggest
nothing.
Opinions among the delegates have
become more clearly defined the part
isans of the single and double standards
are proving more irreconcilable as the
discussion develops.
Henry w. Cannon, one OF the Ameri
can delegates, has asked the committee
to discuss the proposals Of the American
delegates, as stated to the plenary con-
ference.
Montefiore Levi, president of the con-
ference, opposes the committees pro-
ceeding to discuss the American propos-
ais. He bases his objections upon the
ground that the committee was ap-
pointed to discuss special question
on reference from the confer
ence; that the American proposals
are related to fundamental principles
that would better come within the COM
petence of the conference. The major
ity OF the committee concur in the opin-
ion of Levi.
Hon. E. Terrell, American minister to
Belgium. will give banquet in honor OF
the delegates tomorrow. A grand mu-
nicipal reception at the Hotel Deville
has been fixed for December 10th. This
will wind up the ietes in honor of the
delegates until after Christmas.
Benjamin Andrew of the American
delegation and j. NJ. Gerssevan OF
Netherlands will speak in favor OF the
American plan when it is discussed,
tomorrow.
President Levi has received a commu-
uication from Mr.. Allan, member Of
the Institute of Civil Engineers, who
has had much experience in India, sug-
gesting that the silver producing coun-
tries agree each TO impose fisoal duty on
all silver exported, except their own ell
yer coins, the duty being on sliding
scale, equal to the difference in value at
the market price in silver, and the in
ternational minimum value, less q fixed
percentage on coinage; no silver thus
exported being under the standard
minimum value, but to be free to COM
mand exchange in it's favor.
rhe proposal, it is expected, will be
discussed by the committee, but il is
doubtful if it will be seriously enter
tanned in view of the fact that Mexico
and other silver producing countries
have clearly explained that they cannot
agree to any restrictions OF the silver in
dustry.
McGlynn Not Reinstated.
New YORK, Dec, 7.-Archbishop Cor.