New-York tribune., 1892-11-27
THE ENGLISH MONETARY PROPOSALS.

Mr.. DE ROTHsCHILD TO SUBMIT THEM on
MoNDAY-RUMORs AFLOAT IN BRUSSELS
Brussels Nov. oG.No meeting Of the lnternalonhl
Monetary Conference held today, the adjourn
ment Yesterday being until Monday. The proposals
Of Alfred de Rothschh, one Of the English Delegates
will be made public on Monday. General expectation
centres the plan that will hc put forward by Mt
de Rothschld. The bimcallists are sanguipe That IL
Will form the basis for solution Of the questions be-
fore the Conference. on the other hand mcnomeinists
declare that In view Of the position taken by "crhah
and Austrian delegates and the probable attitude Oh tho
British representatives, the Conference Is certain 10
fail, and it will only be waste OF time 10 rroon6
the discussion.
Among the rumors in circulation to which the dele
gates attach importance Is that the various Euro
| pean Powers will yearly buy silver 10 the minimum
amount OF So 100000, at price TO be fixed by general
agreement on condition that The United states con
tnucs It's silver purchases the extent OF 3iOoOOoo
| ounces.
Notwithstanding the fact that Mr.. de RothNchild
refuses to give out his proposals uDul Monday, The
report IS generally credited that they contain state
mcnt that an international syndicate should be formed
to buy silver until the normal value OF the metal Is
| re-cstabllshcd.
The independence Beige says that the members of
the Monetary Conference are not disposed To give
much time to a purely ACCIDENTAL discussion Of the
theories and principles Of currency, already thretu
| bare. They are impatient 10 discuss the praciih al
propO,al.. With a view to meeting this desire AHI'd
de- Roth,chld has determined not 10 submit officially
10 the Conference lii plan, which he expects VIII bee
| generally accepted, but To communicate his Ideas
semi officially t. the delegates that they may hrt eA
am ne them AZ their leisure. lie is willing 10 consent
| TO an amalgumation Of his plan with the plan oi
soctbecr or Levi or 10 have it modified IN any way
that IS likely to promote settlement Of the question:
lie and the other British delegates are convinced t"
| the monetary question has reached an acute stage
and that unless "A general remedy is found there VIII
be crisl, which Will be intense I'm America ana
India that countries, I'm order to escape disaster
will be compelled resort to mca-urcs dictated SOLELY
| by selfish interests. These measures may produce
extremely serious disturbances IN the monetary ana
economical equilibrium Of the world
Ii has moreover. SAWS the paper. been observed
with painful surprise that certain delegates came I"
The Conference with pcssimtic prejudice, or obstinate
| lnttnchment the status quo, WAloh may J'optrkr
al attempts To arrive at agreement unless met iy
conciliaOn or negotiable proposal, capable "i ti
! umphing over pIcJudicr-, ana uniting all Who nrc.
| really d.sirous Of Il sOlutnu Of the problem
| From interviews had 10y representative "f the
Associated Press Wi;h members OF the Monetary CON
ference from all sections, lt appears That they are
| sim without any official proposal. I'll" American
delegates are indignant tAc al-c reports sent out
by an American news agency, represented bN ter
man mOnouict1lli,t, 10 the effect that differences rN
i.ied among them. They deny absolutely That th,
/, The fact The principal features Of Eoh-rnd pr
ibey are much gIatifcd that d"fnit proposals
should cmanatc from such a source for u j. under
stood that the British proposal, maxi" substantial al
vance, in the direction Of Americas desires.