New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-07

lated the price OF property and tle ""g, oro,.
laborers 4 shrinking Of the volume OF miv?
would decrease prices ana tenu 70 ,oonT The
wealth. enrich n few and impoverish many ~,
volume of gold and silver In the world wa i1' 10
equal when silver was stricken dowh nHu sbnd
amount of coin reduced resulting IN nf Wa
amount of money and constant shrlhkiTc VI ''
nos In including, Mr.. McCreary sal"'
believe the best aim Of the Conference u W Wv
general reconciliation Il silver and the uh'e''.''
40, O, gold ard silver Of debt-payne power
with PEI mancnt international ratio OF log OF ~ ~ -
and prefer ue This. in nv opinion Is '' -
that would give unity and stability 10 INV .,,.,a
money and would furnish the best remedy 'of .y
evils firm which all civilized nations az, s"s H.
w do Rothscnjld followed Mr.. McCrcary lie
soid that az America would not support nlS Pi ~;
posas he considered that it wonId Ne n,oso 81.
accordance with the respect cue W., ,h Conforence
10 withdraw them He thanked the oonleIe ,;or
and tho Committee, for the synpathenc reccP'io"
they had accorded To hls proposals, ,.,uo.os INV
Sir q. F. Molesworth one OF ,le d m;!soin o,rcJ
hnr commercial smperiori,y 10 the gold standar
On the contrary he declared, the GOO ;noon
from first to last, had been fource OF i'0o"'
SIR William Ilonldsworth. one of the BRUSH
delegates then presented his plan lie salu .na'
this plan was not new one a. l. nnu Ito "a
cos,od IN oarIier monetary conferences hc a."
snmed that France the Latin Union ana hi leiic1
would support such plan, and 1t Only re .m5nrd
to he seen TO what extent me r ao," that
countries could support it.. ne pr0p9scu ,nao d
Lr,ntal,io union should he formed by n2ti"h'
LII ii,r o. ortor INFO such an agreement. ana ina,
na.ions nrcferrrg TO retain single gni' S'"h",t''
should undertake. TO estanl'sh uie ioii'"""' W "
similar arrangement, VIZ -.
That thrir minis should receive silver ouioh IN n,'
,sss oron:lty than fixed minimum "Han'' '''.r Vl
,nr the quantity and value at spcci"'u ''' y .,.
.. no ac.ernpei nv International agreement INC qu"""
..,n,a >, no dorve,cd by weight TO bearer whenever
do,,,,doa and in no other manner or on any o'"'' "
oonr, Whatsoever the receipts to circulate as money
Uc soid he believed that the receipts woulI
o;rcula,c nj par and bH used as bank Tcs,I's anu
that 40 long as the minis Of the bimetail' uili1n
wore omen to the free coln@g" ol SILVER tc -
would be maintained between Gold anu ST.
coin in the union. and between soiu ana S"'o'
receipts in other Conntr's =, , c.; q T.
poth Sir William IioudswoIth ana :ir ~ W. f.
Wordsworth expressed their gratitude INA, fui
do Rotlschild had submitted bis proposals VIII
,Lo,. thonrht if adopted, would have had good
effect although intended only As temporary
Tho Conference al iourhcd until THURSDAY.
Paris Dec s. lhc journal dies l'eOa's, Mh ,co
Gra's,i c1itor was a member Of the committee
,rro .ntcd by the International Monetary oilirI
snco 70 consider the Rotlechd proposal'' decIar's
Tint the schcma IVES only q sight noi,nc",,o'
of the project advanced ten yeats ago ~ ~
lessor Levi. n German. The prop sails would no,
i'avo rccoivcd any attention ic they had not b'h
nroe,n+ea wv VI do Eothschih. Continuinf the
Jorrnal- GAYS that though the committee re-
;octod tho Ro,hs hid proncsals, il served the use
r., nurnos, of eiicting distinct declarations ,ha'
= is ms.'Ies 10 RELY upon any legislative cheek u
tbe nroduction Of silver in tAc nt'd states .u'
Mcvioo ard that II the Conference proves iu'l"
chsses Of silver and India will adopt new stand
ard Tho article concludes by declaring una, tW
mv.tcrnns t1ctics of the American delegates decay
.>clritc urnOOsalS