New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-04-23
INTERNATIONAL MONETARY CONGRESS.
THE EFFORTS OF THE ADMIN sTRATIoN LIKELY
TO EE CROWNED WITH SUCCESS.

Washington April 80 (Specal).-Rcnowed intma-
tons moro or les, oIcial that the Administration Is
likely TO carry through successfully Its project 'or
an International monetary conference arc accepted mere
a. indicating that the negotiations begun last Dc
cemlcr for such gathering have now reached highly
satisfactory point. AZ announced In these dis
patches at that ume President Harrison early in the
winter instructed Minister Lincoln 10 enter into ne
gorations with tie British authorities Us to tho con
diuons on which England would enter an international
conference her participation beng considered almost
indespon. able TO tho success OF any INTERNATIONAL
monetary agreement Mr. Lincoln opened cor
respondcncc with Lord Salisbury and Mr. Goschcn, and
hhs been exceedingly sc'lve for several months In
cndeavoaas TO arrange the preliminary OF a con
ference.
II Is understood that he found The English Gov
eminent more fayOrily inclined toward The prolect
than Nigh, have been expected from The determined
monometallc prclrd.ccs generally attributed 70 British
statesmen. Tho A. eish Ministry frankly announced
a numb,r 81 limitations which 1t wished to put upon
tie powers and scope Of tho conference before agree
Ing to participate In a. but 1t Is believed that most
OF The conditions Suggested nave been found acceptable
70 the Tinted states 80 that TIE prospect OF hnal
agreement IS highly probable. i Is Understood that
the Limitations prOIO-c1 ly England have now been
submitted TO Oh.r leading European Government ANA
that a conference which viii include All the great
commercial Powers can be arranged WITHOUT much
further difficulty The consent Of Great Britain -
the scheme. la fac, made the cooperation OF other
EuroIs an nation. inevitable.
The credit for arranging tic conference which VIII
BE- great, Will thus fan exclusively to the AImnisra-
ton which has carried on the present negotiations
under authority given by legislation OF some years
ngo and with no instruction., at all from the present
Congress The Teller International conference rcso'u
tion offered IN December. was hcd over
in tho senate account Of the progress
~ these nccoiiatlon aud It Will now remain una''o
uu,n The House Ia, also had before II several
similar conference resolutions. but no one mas D'rh
oven repo,ied upon. The calling Of a conference
folloyIuc on the heels OF declSv" defeat ID 'Vh
.rc.s ~ the frr,-couagc movement Will nave IN" ul
dnuhtcd effect If settling the vr. agitation IGr INC
uTc,,t and The credit Of this great public service II
The conference Is success. fully held VIII 20 "ltho'
1urston To the President and lee oco!eH aa an aug"
tonal Triumph for his Administration. ,,
n is said hc.c on fair authOri,. that ioIinai lnNto
tnus 10 participate In the conference are IlNy l" PC
..ucd within the next six weeks IL was not 10 %:
rNncccd that the silver extremists IN congress WouH
hr cn fir,.y pleased with the new. that the Aulhs'i's
lion had succeeded In arranging for conference
sc,,tors Teller and stewart both stated t0dhl that
hrr c,ucr,cd no results from the gathering. ana IL Is
,unnrcnt that they look with little ttVor on proJcc
wLrh viii take the whole vitality out OF the Tree coin
age agitation for at least year to cone