Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-27
OUR DELEGATES ABROAD.
Most Of the Heavy Work Being Done
Outside the Conference.
A POPULAR FORM OF GAMBLING.
Missing Word Contests That Keep Postal
Clerks Very Dusy.
PEACEFUL is GLLDSToNE'S CABINET
rBY CABLE TO THE DISPATCH.


LONDON, Nov. "a Copyright THE
Brussels Monetary Conference has wasted
Its FIRST week, so far as its actual sessions 60
In reality, however, the genuine work must
be done outside the convention hall in the
private consultation of the delegates The
American delegates are ready TO put in any
amount OF missionary effort OF this sort, and
they have not been idle these first few days
They already realize, however, that it will
be practically impossible to secure the
endorsement of any monetary plan what
ever by the present body.
The reason for this is that the delegates
from halt dozen or more countries, in
cluding Russia, Italy, Greece, Roumania
and Switzerland, are forbidden even to ex-
press an opinion at the conference. Their
instructions are simply, "go to Brussels,
listen, say nothing and report to us what
you hear" The German and Austrian dele
gates have little more discretion. They
are at liberty to discuss the subject without
reserve, but they are forbidden to agree to
any modification of existing monetary leg
iElation in those countries
Europe Not Willing for a Change.
Practically all the delegates are for
bidden in any way to pledge their govern
ments, but in the case of Germany and
Austria the instructions almost imply an
unwiIlingness 70 make any change. On the
part of Great Britain the attitude is une1-
pectedly conciliatory. Her delegates say
unreservedly that representation at the
conference under the form of invitation
issued by the United States implied the ac-
eeptance of the principle that some meas
ure is necessary for increasing the use of
silver as currency by the nations.
The conference is, undoubtedly, disposed
to deal with the question in the form in
wich 1t was presented by Senator Allison.
Most delegates recognized the wisdom of
postponing its consideration in this form
until all the specific remedies which will be
presented have been discussed and disposed
of.
The individual theories will most of them
be dealt with in committee, and by the
time all have been threshed out the con-
terence viii be ready to seek an agreement,
if possible, point by point on the lines SUBJ
mitted BY the American delegation yester-
dav.
A Majority Recommendation Hoped For.
The most that can be hoped is majority
recommendation to the nations, and the
American delegates still have strong ex-
pectstions that such a result will be reached
They are thoroughly satisfied with the teni-
per of the conference. as indicated in its re-
ception of the programme offered yester-
dsv.
No meeting of the conference was held
to-day, the adjournment yesterday being
until Monday. General expectation Gen.
tiers on the plan that will be put forward
bv Alfred de Rothschild. The bi-metal-
lists are sanguine that it will form the
basis for a solution of the questions before
the conference. On the other hand, mono
metalIists declare that in view of the po-
sition taken by the German and Austrian
delegates, and the probable attitude of the
British representative, the conference is
certain to fail. and it will only be waste
Of time to prolong the discussion.
1t was said yesterday that Mr.. de Roths.
child's proposals would be made pu bile to-
day, but the text of the proposals have not
yet been completed Mr.. de Rothschild
said to-day that they will not be seen in
their final shape until Monday.
A Proposition for the Purchase OF Silver.
Among the various rumors in circulation
to which the delegates attach Importance,
is one that the various European powers
will yearly buy silver to the minimum
amount of e5,OOO,OOO sterling at price to
be fixed by general agreement, on condition
that the United States continues silver pur-
chases to the extent of 81, ZOO. 900 ounces.
Notwithstanding the fact that Mr.. de Roths-
child refuses to make out proposals until
Monday the report is generally credited
that they contain q statement that an inter-
national syndicate should be formed to buy
silver until the normal value of the metal is
re-established.