The morning call., 1892-11-23
MADE WELCOME.
First Days Work of the None
tary Conference.
The Chairmrnship Given to Belgium
on Motion of the American
Delegation.
Special 10 THE MoRSING CALI

BRUSSELS, Nov. %. The International
monetary conference met at O'clock this
afternoon. The proceedings were purely
formal The countries which have accepted
the Invitation of the United States TO send
delegates to the conference are Austria
Hungary, Belgium. France, Germany. Great
Britain, Greece, Italy. Netherlands, Portu-
gal, Roumana, Russia. Serva, Spain,
Sweden. Norway and Switzerland The
following list of delegates. representing the
principal nations, are taking part:
United States-Senator William B. Alli-
son. Congressman James B. McCreary, L.
Benjamin Andrew. president of Brown
Univer sity; Professor Ronald B. Falkner,
University of Pennsylvania; Thomas w.
Cudler. Thomas Z. Keller. James T. Nor
gan, Senator John p. Jones, Henry w.
Cannon, president OF the Chase National
Bank. and Z. o. Leech. Director Of the Mint.
France-Tirard, ex-Premier and ex-Min-
lister OF Finance: De Liron, D'Anoles and
De Foville, officials Of tie Ministry OF
Finance.
Germany Count Won Alvensleben,
Minister at Brussels; DIR. von Glasenaph,
Privy Councillor of the Treasury, and Herr
Hartung, director Of the Imperial Bank.
Great Britain-Lord Herschell, Lord
NJ
p; Hon. Sir c. Fremantle, Deputy Master
of the Mint; Alfred de Rothsehild, Sir c.
Rivers Wilson aud Bertram Currie.
India-General Richard Strachey and Sir
Gullford l.. Molesworth.
Italy - SignOri Luigi Luzzati. Ranifre
Simonelli and Domenico Zeppa, members of
the late Parliament.
Mexico-Don Antonio de Mier Cells,
Deputy Don Joaquin Casasus and General
Don francisco Z-mina.
Netherands-N. L. Vanderberg, Presi-
dent of the Bank OF the Netherlands, and
G. V. Bolssevain of the Statistical Bureau
of Amsterdam.
Sweden and Norway-Hans /. Torzell,
ex-Minister of Finance. and Haybard Z.
Berner. director of the Credit Foncier.
Switzerland - Cromer Frey. National
Councillor at Zurich. and Charles Leardy,
Swiss Minister to France.
Belgium-Senator Weber, NJ. Sainctlette
and Montefore Levi.
Austria - Count Kehvenhueller- Metsch.
Minister to Belgium.
RuSsla-Prince Ourohoff, Russian Min
lister to Belgium, and NJ. Raffalovieh, the
well-known economist
Denmark-C. +. Teitgen.
Spain-Osma. Surra and Toca.
Beernaert, Belgian Prime Minister and
Minister of Finance. who opened the pro-
ceedings, said in his inaugural address the
conference had been called to discuss one OF
the gravest and most complex problems
modern society ever had TO face. He ex.
tended, in the name OF the Belgian Govern
ment, most cordial welcome to the dele
gates. After referring 10 the monetary
crisis during the past century, Beernaert
coi In
tional understanding that the solution OF
the monetary question is now sought.
This he added, is in accordance with
the law Of progress. Numerous such
understandings had already been arrived
at for the regulation of the common inter-
ests OF the civilized world in regard to tele-
graphs. railways, weights aud measures.
and why should not the same course be
followed in the case OF money? 1t was fit-
ting the deliberations OF the conference
should take place on the soil of country
belonging TO the Latin Union. But it was
Tor the dele gates OF the United States to put
forward the views of their Government and
explain how II was proposed to carry these
views into effect. Beernaert advised the
delegates TO enter the discussion without
being too greatly impressed by the prospect
OF massiDg silver for which there appears
20 be no employment
Upon the conclusion of Beernaert's 81 eech
Hon. L. Terrell. United States Minister to
Belgium, thanked the Prime Minister for
the cordial welcome extended to the dele
gates, and expressed the respectful homage
oil the American delegates for the King OF
Belgians. Terrell concluded his remarks
by proposing Montefiorc Levi as the presi-
dent of the conference.
MOntefiore Lew, as president Of the con-
ference, followed Beernaert. Levi said he
accepted the honor Of presiding over the
deliberations, knowing it was intended for
Belgium rather than himself. He referred
to the numerous attempts made to discuss
the monetary question. mentioning espe-
cial'y the British Gold and Silver Commis-
sion OF 1886 as distinguished above all otner
similar bodies by its eminently practical
character. The worst feature of the present
monetary situation was instability. He
hoped the conference would sink individual
interests and keep In view the higher in
terests Of the great human family.
The conference then arranged to
meet three times each week. The Ameri-
can proposal will be submitted on Friday.
to which the conference adjourned.
Prime Minister Beernaert aud nearly all
the delegates to the conference attended
brilliant reception at the United States Ls-
cation tonight.