Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1892-12-09
Voiced by Andrews to the Mon
etary Conference.
EUROPE HAS AN INTEREST
In This Question Of Extending The Use Of
Silver as Money
Equal 10 That Of tho United States London
Bankers Talk Of a Gold Standard Tor
Inda-Clews Tells The Con.
loronoe What 10 Do.

Brussels Dec s.-when the International !
nonptarv conference adjourns at the ]
end Of next week II viii probably leave
the respective governments repfesohtVu
to decide whether or not u shnn te-hs,
semhle In January. The AnleIlean uuu
other bc-metalic -deleg0ts will Try 10 90
tain from the conference a fecohinehu"-
tiou TO all Governments to allow IRON u
wear 10 eighteen months to elapse before
mixing any active measures towards
changing the present currency p9nvy,
The advocates Of this recent Reuoh halV
in view Il possible improvement III the
general monetary position, tnY Wsp
hope much from the growth Of bi-me,el-
ism us Il political force in British poll
Immediately after the opening today NJ.
Allnrd. one of the Belgian delegAts' SUD
United plan for an internauonal hEree-
mrnt for the purchase wlaef son .i,Io,
| treasury notes will be issued by the con-
| tracing states. none Of which Will be
| Obliged 10 coin into money the sllNer
| thus purchased or modify It's existing
currency legislation The nan also Ply
poses that these notes shan nave ihler-
| national circulation. n,
| delegates. spoke briefly regarding tne
| Noritz Levi plan. He declared he did
not believe under the present cohulliuns
nuy international agreement TO IegnlaVe
the relations between gQld ana mlNcr
was possible General discussion was
then resumed. .,.i 20
him by the conference Prof, Andrews,
mn American delegate, made m ADDRESS
In which he said he hoped INC lueh lilu.
America was bent only upon incr,hrihs
her national wealth ana merely AeulE
as service creature ui hilue oWhtNla
| H.. tliafmigaun bhlnN
equally us absurd as the idca that me
American interest was mainly due 10
tlpe distress affecting the American mon
ttary system. ,,. ,,,,,,
, Continuing, Prof. Andrews said! we
hrve not aud are not az present hHely
! 10 have a dollar IN SILVER pc iv Wv
needs In the United States we nave
no idcn Of soliciting any favor from me
/ people of Europe What we desire i
I as much to EurOnes interest as ours
We wish to multiply our trade win N,
world, TO do vaster business WI,
5 China md japan and Central ana Sout,
O America aud at the same Time VIII
I Europe. This will never be successfully
/, accomplished 50 long as the Two gran
I groups Of nations continue TO DRIFT dinrt
!. FThe evils OF a huctunting exchange, whlcl
i beset England in her comi9erce with IN
d din, we also experience IN our uehu
e With our newest neiEhbors, but We hr'
y dntermiued not TO accomplish th
l. -.
II desirable end ct The terrible COS
y Of opening similar olasm he
4 tween ourselves and the nation
y of Europe. We will part conipnn,
y with ASH and South America .rnthe
e than with you. We will not foreye
~ continue alone the task OF sustaining
J, The price Of silver II Europe Is no
Z enough interested in tho matter to &c
,, operate with us We VIII soon dccrens
Z the annual purchases Of silver and begi
y 70 provide for recruiting our currcnc
Il by the issue of paper The next COZ
a grnss * nearly certain TO oCen this Pre-
d cedure In that dinCti0n We will nc
q give up our gold. The tme. hQnorc
I monetary policy Of the United State
X will never he changed with MIR. Cley,
K lands consent"
- Referring to the tariff Prof Andrew
Is said: ut was obvious there was "a
/. surer way to lower the American tart
u thnn for Europe and the United State
Z, to agree upon policy favorable TO silye
Il ns money. Tint nlOne,' he dcclre,
1. would abate the itchiness and c0ntei
:. for gold and leave the United States I
t, effect n generous reduction In custom
3 turiff" In conclusion Prof Andrew
~ said he thought some OF the plans pr
u posed 10 the congress We're feasible, an
e II the delegates continued their dclibcri
l. lions with II due sense % their nespOns
,. hility the conference would not fail
u devise a measure Of relief.