Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1892-11-26

SILVER MONEY.
The American Delegates Sub
nit Plans.
THEY WANT TWO METALS USED
GaId and Silver Maintained at Fixed Parity
Between Them.
with Full 0sbt'Pling Power. Senator's Allison
and Jones Prcssn, the Proposition TO the
Delegates Something About Our
Representatives.
THEY WANT TWO METALS USED


Brussels, Nov. 25-The international
monetary conference resumed lbs sitting |
this morning, Senator William Il. Aui. |
son aud Senator John T.. ZONES SCI forth |
the American suggestions hudng them /
on Il general view Of the monetary sit /
uauOn in the United States. and in co,m- |
tries represented in the conference. The
greatest secrecy is observed. hut it is
understood the American delegates sub
mitted II resolution declaring that in the
opinion Of the conference ii Is desirable
thar means be found for an increased
use OF silver In the currency system OF
the nations. Documents prepared by
them aud presented with the resolution
explained that they wished that an OPP
portunity bc afforded to consider their
plans, Al the same time they submitted
II general plnn of binctallisiu offered by
the United States showing first
thar the re-cstablishment and main
tenance OF fixed party between gold
and silver and the continued use of both
us coined money of full dcbt-paying
power. would he productive of important
benefit to The world
Mr.. Alfred De Rothschid will submit
suggestions on behalf Of Great Britnin.
THE AMERICAN COMMISSIONERS,
This conference was first proposed 10y
the congress of the United States. and
after consultations with representatives
Of the leading foreign powers its details
were formulated anI dclegales alp9ih!eu,
These consist on the part OF the tmted
states OF eN,Noinptrrlcr OF ur 1ulruhtGS
Henry W; cannon, senator w i ~ ND u,
Allison, Of Iowa; Senator John J.. Jones
of Nevada, President u. Benjamin AM
drpyvs OF Brown university; CONGRESSMAN
Lccch, director Of the mint. These dele.
gates represent fniriy All the views OF
Americans ON the subject oil silver com
age. senator Allisoh glheI ull'''iv
view on lhe question e senator soNT T,,. ~
H. nJrsws bas w.rittcn nm inieresting
vo,une nm "'rhe Gold Dollar" and his
views nrr almost radically ngninst free
silvnr Dir ertor Iecch believes that
therr IL loo much silver In the market,
,nJ C,ugrcsmnu AfrCrnry Is inclined
a. silc Win Scnotor Ionrs although by
,', 80 -, a. rnjir.l an the subject
nv '''o''i'' ''
DUTIES OF THE MEMBEltS,
Tho duties of the delegates have been
clearly defined by the act authorizing tho
| conference and also By the secretary Of
| Inc TREASURY. They have authority sim
nv 10 discuss aud propose. but no power
r. tote fnal action. The elaboration,
,,.iiI Ia ali lilfalihood he conducted In tn,
| l.n.tisI, I,nsr,ntrp Tho American dele
.ntes viii nr,,ue for bi-metallism. and I
is likely that our most bitter opp9ncnt
lieyn thnt we are making a grievous az
ror In purchasing 4G0O,OOO ounces y
silvnr month They think that to stol
c"in;n| MS ,,reat nnnss OF silver dollar
monthly wouid drive more bullion abroad
"nJ H. tl,ot W.nv foyornbly effect the sill
yer market.
ment of free coinage OF slNcr VIII proGi
can representatives.
| AYR m ,rIls PLANS PROPOSED
ONE VI mr. Ii-N'Nn W. :,
Mr.. Cannon and Mt Lerch are boil
plans TO be submitted 70 the roniefeno'
will be that Of llr. ~ Soetpetr' un"' n
cirr OF note. II Is uHvI Oh .ie i XXX,
the proposition supliItltu u' -,
Levy lle Danls, ~ SIsst tbat silyr
Wuolhl cullSS e Ma 4, noymrnt4 no
exceeding T. md that silver notes he u
sued TO 0byiAtc the necessity OF carry lhl
about 81 much SILVER ~ oo-'yJ., N,
modified the old proposition c2hsiueI MI
and believes II VIII pc ~ c. 49,. Su,,
with favor before tne giii,,r,s.
llNIlaAHt mn ~" t..gufta .vnftsb
/. Recognition OF some u,iuH nv ~,
of fine gold as the luFerHai i""l''''', 3
Of thc measure OF value OF ii'o mo''''"''
systen,ai ,.o..,,ce Of the existing gol
monetary systems OF the ypfious ,,,'l, NIL
tries: cessation by them OF ~ W ,,,,i,.
coinage and issue Of solI i1 'P w fran
pirccj; obligations OF sueh coG ,,.i,h;n ii,
retire their smaller golu COINS "'"''' Va
next ten years ..r,, ~
4 Uniform gold coinage cpn's''
per 1000, una.ot,s for col
L. issues VI ~, nrinripal minis or cen
! ,,,i hanks for amounts OF ~ El.,n -i,,,' \
duo gold or multiples OF thal g'l ,os.,,
3 Agreement AZ, on uniform mole '' '9'''
{ inr. ,,, ,o, v.or
K. Retirement within me p'A. w h, n
! If ali bank notes hitherto lsshu ~ -, y
! conntry and Of gll other PAPER a a..d ,,oi,
, and refusal TO issue any ionge ',, ,,nJe
> hank notes OF other paper 'hoi1'
( ssid value In gold. . .u,ar coin
, u keilfclhs ,,,,,g,,,i value than 10 pc
Z ccrt OF the value o. inn i"Mrs nj n
: ,een years, and hereafter e1giu1hlNs ya Iil
z 49, - thn t.,.iuciUul CONS ~ ths, ,'''N