The Dalles daily chronicle. [volume] (The Dalles, Or.) 1890-1948, 1892-11-30
THE BERLIN CONGRESS
Better Feeling Reported to Exist
Amongst the Members.
AMERICAN MEMBERS SATISFIED.
Committee Appointed to Consider ROths-
chiIds Proposals.
CONSERVATIVE ENGLISH VIEWS.
They Cannot Afford to Ignore the United
States in the Matter of Buying
Silver---Other News.

WASHINGTON, Nov. 30.-Brussels dis
patches announcing the committees
made up to consider proposals in the in
ternational monetary conference quote
various plans, and intimate that that of
Rothschilds stands the best show of
ado ption. Of the committee that will
consider the proposals, five members are
avowed himetalists, six monometalists,
and one doubtful. The committee will
sit twice each day. Should Rothschild's
proposals be accepted by the committee
they would then be referred for adoption
or rejection to the conference and the
govern ments represented, with the mod
ifications suggested by the schemes of
Levi and Soether. One of the modifica-
tions will undoubtedly be that all gold
coins below the value of 20 francs will
be withdrawn from circulation and be
replaced by silver notes.
With the prospect of an early agree
ment being achieved, nobody now talks
of failure of the conference, which at
first was the only prediction made as to
the outcome of the meeting. So rapidly
has the optimistic feeling grown, it is
reported the conference will likely con-
clude its labors next week. 1t was said
last week the session would last till
after Christmas. The American dele
gates have strong reasons to be satisfied
with the recognition of the advocates of
the dangers arising from further fall in
silver. They are disposed to support
Rothschild's proposals on the principle
that half a loaf is better than no bread.
The Indian delegates are also pleased
with the proposals, as they will assist
the conclusions of the Indian currency
committee, and their acceptance will
free India from the fear OF large fall in
silver. The American delegates believe
the continuous absorption of 30,000,0 600
ounces of silver by the European powers
would bring about artifcially a condi-
ton of the silver market which inter
national bimetalism could establish
permanently and scientifically for life.
The delegates are combining some
pleasure with work. An interchange of
dinners proceeds almost nightly. At
the conclusion of the conference the
burgomaster contemplates giving a
grand municipal ball in honor of the
delegates.
The London News speaking of the
conference says Rothschild's plan,
(which seems to have saved the confer
ence from collapsing, turns out to be
mild palliative and in no wise heroic.
theoretically it would be best to let sill
yer alone, but when we find Rothschild
trying tooth and nail to prevent a col
lapse of the conference, 1t may be sup
posed such result would be disastrous.
We cannot suppose it will be remotely
suggested that G5 notes will be made re-
deemable in silver. The most striking
part of the plan is the implied belief of
first-class financiers that unless some
thing is done America will discontinue
the purchase of silver. America is, per-
haps, the richest country in the world
and cannot be ignored. Were she to sell
silver we might be compelled to close
the Indian mints, and even then we
might be terribly hampered if America
raised big gold loan. 1t is not to Eng
lands interest to precipitate currency
crisis in America. The disturbance of
trade would amount to a catastrophe"
The Lovers Lament.
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Sweetheart!
I see you fading, hour by hour,
Sweetheart!
Your rounded outlines waste away,
In vain weep, in vain l pray,
What power Death g cruel hand can stay
Sweetheart, Sweetheart
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