The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1892-12-09

BRUSSELS. Dec. S.-When the inrerna-
tional monetary conference adjourns at
the end of next week it will probably leave
The respective governments to decide
whether or not it shall reassemble in Jan
uary. The American and other bimetallic
delegates will try 10 obtain from the con-
ference recommendation to all the gov
ernments to allow from year to eighteen
months to elapse before taking any active
measures towards changing the present
currency policy. The advocates of this
recommendation have in view possible
improvement of the general monetary po-
sitiou. They also hope much from the
growth of bimetallism as political force
in British politics The proceedings yes
terday at the British agricultural confer
ence in London struck some of the dele
gates like revelation. Professor An
drews. an American delegate, VINO Is presl-
dent of Brown university, will be Invited,
as Democrat and personal friend OF
Prrsident-eIect Cleveland, 10 inform the
conference as to the probable attitude Of
the coming Washington government
towards silver.
Immediately after the opening of the
meeting today NJ Allard, one of the Bel
gian delegates submitted 2 plan for an in
ternatioual agreement for the purchase,
under a common account, OF stocks OF Sill
ver. against which treasury notes VIII be
issued by the contracting states, none Of
which will be Obliged TO coin the silver
thus purchased or modify It's existing cur
reucy legislation. The plan also proposes
that these notes shall have an lnterna-
tional circulation.
NJ. Roffalovitch one of the Russian Gel
egates. spoke briefly concerning the MoritZ
Levi plan He declared that he did not
believe that under the present conditions
any international agreement TO regulate
the relations between gold and silver was
possible
The discussion was then resumed.
Professor Andrews said: I'VE have not,
and are not at present likely TO have, a
dollar in silver beyond our needs In the
United States Weshaye no idea of solicit
ing any favors from the people OF Europe.
What we desire is rs much to Europe'S IN
terest as to ours. If Europe Is not enough
interested in the matter to cooperate with
us, we will soon decrease our annual pur-
chases of silver and begin to provide lor
recruiting our currency by the Issue. OF
paper We will not give up our gold. The
time-honored monetary policy OF the
United States Will never be changed with
Mr.. Cleyeland's consent"
Referring TO the tariff, Professor An
drews said thai it was obvious that there
was no surer WAY to lower the American
States TO agree upon policy favorable to
silver as money. That alone, he declared,
would abate the incessanJ contest for gold
and leave the United States free TO effect
general reduction in ITS customs tariff.
The best authorities state that when the
conference adiourns next week it will be
until the spring. 4 canvass of the dele
gates shows that majority of them favor
this course. The debate on the various
bimetallic proposals will conclude on
Tuesday.
LONDON. Dec. Sat a meeting of the
institute Of bankers Leslie Probyn pro-
posed a scheme Tor the introduction of the
gold standard into India, without re-
ducing the silver currency or adding
largely TO the gold reserve already held.
Il was adversely criticised. There IS u
feeling here against any move being made
until IL is known what America is going
10 do. Right Hon. Henry Chaplin intends
TO make u motion il the house OF commons
ueclaring in favor OF bImeJallIsm.