The Providence news. (Providence [R.I.]) 1891-1906, 1892-12-09
STILL TALKING MONEY.
President Andrews Of Brown Univer-
siiy Talks to Delegates.
A CRISIS AT BUENOS AyRES
Caused by n Financial Disagreement
Mrs. Maybreck's Dying Statement De-
nies Guilt OF her Husbands Death
Her Case Under Consideration.

BRUSSELS, Dec. 9.-At yesterdays ses-
sion OF the international monetary con-
ference M. Allardt, Belgian delegate,
submitted proposal for ian international
agreement for the purchase under a COM
mon account Of stocks OF silver, against
which treasury notes will be issued by the
contracting states, none OF which will be
obliged to coin the silver thus purchased
or modify its existing currency legisla-
tion. The plan also proposes that these
notes shall have international circulation.
M. Rafalogitch, Russian delegate,
spoke regarding the Mortiz Levy plan.
He did not believe that under the present
conditions any international agreement
TO regulate the relations between gold and
silver was possible. The general discus
sion was then resumed.
In reply to the invitation extended to
him by the conference, President An
drews of Brown University, Providence.
X. l., made an address In which he said
he hoped that the idea that America wa.
bent only upon increasing her nationa
wealth and that she was merely acting q
the service creature of mine owners, ,woulC
forever be dismissed as being as absurd as
fhe
idea That Americas Interest
was mainly due to the distress affecting the
American monetary system. Continuing,
President Andrews said: eve have not
had and are not at present likely TO have a
dollar in silver beyond our needs in the
United States. We have no idea OF solic-
iting any favor from the people of Eu-
rope. What we desire is as much to Eu-
ropes interests as to ours. We wish to
multiply our trade with the world---to do
a vaster business with China. Japan and
Central and South America, and at the
same time with Europe. This will never
be successfully accomplished SO long as
two great groups OF nations continue to
drift apart.
The evils of fiuctuating exchange which
beset England in her commerce with In
dia we also experience in our trading with
our nearest neighbors, but We are deter
mined not to accomplish a desirable end
at the terrible cost of opening q similar
OF Europe. We will part company with
Asia and South America rather than with
you. We will not forever continue alone
the task of sustaining the price of silver.
IL Europe is not enough interested in the
matter to cooperate with US, we will soon
Decrease Our Annual Purchases
OF silver and begin to provide for recruit
ing our currency by issues of paper. The
next Congress is nearly certain to open
procedure in that direction. We will
not give up our gold. The time honored
monetary policy of the United States will
never be changed with Mr.. Cleveland's
consent.
Referring to the tariff President An
drews said it was obvious that there was
no surer way to lower the American tariff
than for Europe and the United States to
agree upon policy favorable to silver as
money. That alone, he declared, would
abate the incessant conflict for gold and
leave the United States free to effect gen
erous reduction in the tariff.
In conclusion President Andrews said
he thought that some of the plans pro-
posed to the conference were feasible, and
IL the delegates continue their delibera-
tions with due sense OF their response
bility the conference would not fail to de-
wise measure Of relief.