Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-12-04
Mr.. RoIHsCHILD's PROPOSALS.
They Are Not Disposed OF, by Any Means
Further Amendment

Further Amendment.
fBy Anglo-American cable 20 the Dispatch.l
BRUSSELS, December 3--The rejection Of
the ROthschild plan by the committee OF
the international Monetary Conference
does not finally dispose of Mr.. Rot hschlld's
proposals The minority Of the CON-
mittee who supported the plan are
feeling their way TO taking q vote OF
the conference on the scheme, with the
amendments offered in the committee that
no limitation be made on the price OF the
proposed annual European purchases OF
30. O00, 900 ounces of silver: that the pur-
chases be over and above tine ordinary
purchases for token coinage and metal
and that tho purchases be employed as
money either by coinage or as metallic
basis OF notes to be issued.
These notifications increased the value
of the plan in the eyes Of the bimetallists.
FURTHER AMENDMENTS.
When the conference resumes its session
on Tuesday Sir William Houldsworth, one
of the British delegates, will bring forward
further amendments TO Mr.. Rotbschild's
proposals, as the committee recommended
a discussion of the plan, with amend
ments, by the full conference. The pro-
ceedings on Tuesday will probably con-
tinue on the lines of yesterdays meeting
unless the American delegates decide to ask
the conference TO proceed without delay
to discuss the question OF international
blmetalllsm.
II has transpired that the delegates of
the countries belonging TO the Latin Union
voted against the Rothschild proposals on
the ground that they were not able TO re-
commend to their governments TO increase
their stocks of silver under the limited
purchase scheme, and because the coun-
tries in the Latin Union could not increase
their present silver currency without IN
ternational free coinage being established.
THE LEVI PLAN.
With regard to the plan or VI. Lew.
which includes the withdrawal of all gold
CONS under the value Of 20 francs, SIT
G. Freemantle. Deputy Master of the Bri-
tisn Mint, declared that he could not
promise the consent Of the British govern
ment to the withdrawal of its half
sovereign pieces.
The indeDeadence Beige. in referring TO the
meeting of the Latin Union delegates yes.
terdav. states that these delegates decided
not TO lay their programme before the con-
ference at present, but 10 continue to
maintain an expectant attitude.
NEUTRALITY-SUSPICIOUS. MEMORIAL.
BRUSSELS, December 3.-The British In
ternstional Currency Association will send
a memorial to Sir William Vernon Har-
court, Chancellor OF the Exchequer, ask
ing him to instruct the British delegates
to the International Monetary Conference
TO entertain any reasonable proposals for
the establishment of an international cur
rency.
LONDON NEWSPAPER VIEWS.
LONDON. December 3.-The leading fnan-
cial uapers, the London Economist end the
S,giS'. do not approve of the Rothschlld
scheme and recur to their prediction that
the conference would not adopt anything
practical.
An eminent authority writes to the
salts, that he advocated the Rothschild
plan for the sole reason that delay IN the
SILVER collapse IL the United States would
enable India and other countries to arrange
their financial systems.