Evening star. [volume] (Washington, D.C.) 1854-1972, 1892-11-30
Secret Deliberations of the None
tary Conference Delegates.
OPINIONS OF THE ENGLISH PRESS.
Matters to Come Before the South
Dakota Legislature.
CORRUPT POLITICAL ACTS.
HOW TO KEEP SILVER ar PAR.
secret Debate. nv the Committee OF ths
Monetary Conference.

Secret Des.t.. by the Committee OF the
Monetary Conference.
BRrssELs. Nov. S0.-The committee OF twelve
appointed by the international monetary con-
ference 60 examine into aud report on the rro-
posals submitted b. Mr. Alfred lie Roths-
child. one ~ the British dele
gates. sat Yesterday for eigh, hours
with only short interval fcr luncheon. Ths
members have arranged 20 give their exclusive
atteaton 10 the work Of the couuittee 60 a. Go be
able 20 present al exhaustive report 10 the con-
ference
Sewers, experts. who are not delegates 90 the
conference. offered 90 give evidence ON the pro-
duction of the precious metals and other points
relating to the deliberations. but the comm ttes
declined 10 hear witnesses ans side of the
questions.
IL is understood that the committee take as
nearest approaching accuracy the statistics
prepared by Ottoman Haupt especially for
the Use Of the conference. giving estimates
complied from the latest data Of the monetary
stocks of the world and the annual production
and consumption Of gold and silver
Senator Jonos. one Of the American dele
gates. has prepared special statement OF the
consumption and production Of silver
Tho committee has ouseuted To request the
Danish delegate, {. L. Toilgen. TO submit his
plan as an addendum TO the DE Rothschlid
pisn.
Mr.. Toiigen is a mono-mciniist. He proposes
the coinage Of silver 5-franc 4-shilling and
dollar pieces, rated with gold according
to the price of silver in the wear prior 20 the
ADOPTION of an international agreement. with
| a seignorace Of 10 per cent. He also proposes
the appointment OF a permanent international
commission to fix the initial price. should the
price OF silver fall 10 , per cent below
the coinage ratio the commission will have
| authority TO fix new ratio and order the re-
coinage Of the pieces. These coins will be
legal tender internationally. banks 20 keep
them areserve against notes and have the right
| 10 demand gold in exchange for them at any
time from the government issuing the particn-
lar coin held.
Tie members Of the committee declare that
| their proceedings must be kept completely
| private until definite decisions are attained.
| They will not communicate 10 the delegates not
belonging 10 the committee the progress they
are making in the discussion.
VIEWS OF THE LONDON PAPERS.
LoSpoS, Nov. 30.-The DAILY Telegraph In
an editorial article suggests that silver be made
legal tender up to the amount OF "a. in order to
secure the inviolability Of the IS pieces Itcon-
! tinues: Even if the conference should adopt the
Rothschid silver plan. there might be months and
| perhaps wears Of negotiation between the diff
! fercnt governments before anything could
actually be done. But il is'uniyersally felt that
| Mr. DE Rotbschild has done a great service 10
commercial interests by averting an utter
smash of silver through the collapse Of the
monetary conference.
The Post saws that the Rothschild silver
scheme is free from the biemishes found in
nearly all recent schemes and marks n new era
/ in the currency discussion.
| The Chronicles Rome correspondent saws:
at is semi-offcialIy declared here that the
Italian delegates at Brussels hope to induce the
monetary conference 10 agree TO the principle
| that no state in the Latin monetary union shall
| fyixp a the small nf n.har
| states in the union. Snch decision would he
Of great advantage to Italy, for she lie deuuded
| Of small coinage"
| The Ae,rs in its financial article saws that 10
| is understood that the proposed limit of the
legal tender of silver will be reduced to "a. It
also suggests that ina-much Sir Mm. Yer
| non-Harcourt selected Alfred DE RotbscE:ld No
| a delegate 10 the monetary conference the last
named gentleman has probably received an
inkling that the British government viii sup
| port his scheme.
| The Standards financial article savs: The
silver market is not favorably impressed with
! Mr. De Rothschilds' scheme.
| 1.-The more the scheme IL examined the more
potent becomes its inpracticsbility. The coli
lapse Of the monetary conference is expected in
all thoughtful circles"