The times. [volume] (Richmond, Va.) 1890-1903, 1892-11-23
MONETARY CONFERENCE
OPENING OF THE INTERNATIONAL
BODF Ar BRUssELs.
The American Delegates Asked to show
Their Hands at once-Attitude of
the Powers Represented.

BRUSSELS Nov. 22.-M. Beerneart In
opening the Monetary Conference to-day
expressed the hope that the delegates
would reach an understanding as TO the
best means for the rehabilitation OF silver,
and that 10 this end they should make
the Latin Union the foundation Of vast
international agreement as to The coinage
Of gold and silver.
NJ Bcerneart was warmly received by
the American and French delegates. but
evoked fewer signs of approval from the
delegates Of Austria, Germany and Eng
land.
Senator Montefiore Levi. who was
elected chairman OF the conference, spoke
at considerable length. He followed the
general lines OF M. Beerneart's address.
and made no pr, tense of sympathy with
the gold bugs.kAfter reviewing the num-
erous efforts TO regulate the relations OF
the metals, both through national and
international conferences, he described
the present condition of the worlds money
as peculiar for its unprecedented In
stability. The daily disturbances OF COM
merce and fluctuations of the so-called
standards of value he ascribed to the
unsteadiness OF the silver market. The
situation had become so fraught with
trouble and danger TO the financial world
that the time had come for delegates to
such conference as the present one to
sink purely individual or national in
terests, and should do their work for the
benefit OF the whole commercial world.
The speech of Edwin II. Terrell who
was elected vice-chairman, was awaited
with keen interest. as 1t was expected
to contain some hints as to the course
to be pursued by the American commits
sioners. 1t was, however. a purely formal
recognition Of welcome on behalf Of the
American delegation.
Several delegates requested the Amert-
can representatives to give the detail OF
their plan, as the wording of the invita-
ton to the conference had been too vague
10 convey any clear idea of it's concrete
object This the Americans declined TO
do. but they promised to submit their
PROPOSALS one hour before the next ses-
sion. After arranging the details OF the
procedure the conference adjourned till
Friday. The conference will sit three
days in each week.
There is no doubt that the English,
German and Austrian delegates will fcl-
low a dog in the manger policy. So far as
can be ascertained none OF them has
come with the idea of making serious
proposal for the rehabilitation or silver,
and they will assume purely negative
attitude toward any such proposal coming
from the United States or France. The
Austrian Government does not care TO
burden itself with any more conditions
as to it's currency while in the midst or
IT'S currency reform and the concurrent
coinage of new money. Germany would
under no circumstances tolerate anything
like even partial abandonment OF mono
metalsm, not only because the whole
academic sentiment Of the country seems
TO be against ii. but also because sucn az
course would benefit France. In botn
Austria and Germany the illusions OF
the press TO the conference are almost
without exception to the effect that IL
represents the efforts of the silver pro-
ducing States In America TO enhance
their product at the expense or the rest or
the world Every observer or the AUS
trlan and German delegates In the con-
ference to-day could remark their OPP
position; in fact they were the ones re-
sponsible for the request that the Ameri-
can delegates should show tneir nahu at
once They. together with the English
delegates will be the leaders or every
effort to render futile any work attempted
nv the United States or the members OF
the Latin Union.
The countries which have accepted the
invitation of the United States uoVerh-
ment 10 send delegates TO the conference
are: Austria Hungary. Belgium, france
Germany Great Britain, Greece, Italy,
the Netherlands, Portugal, Roumania'
Russia. Servia. Spain, Sweden ana Nor
way, Switzerland.
The following is a list Of the delegates
representing the principal nations taking
part: A.,
United States-Senator William y. Al
Uson. Congressman James B. McCreary,
r.. BENJAMIN Andrew, president or Brown
University. Professor Roland j. Faulkner
OF the University Of Pennsylvania, Thos.
w Cridler, Thomas L. Keller, James IL
Morgan, Senator John p. Jones, Henry
W. Cannon. president OF the Chase Ma
tional Bank, and Il. o. Leech, director OK
the mint
France-M. Trad, ex-premier and ex-
minister of finance: NJ. l.. de Liron DAN
oles and NJ. de Foville, officials or the
ministry Of finance.
Germany-Ccunt Won Alvensleben, min
ister at Brussels; DR.. Won Glesenapp,
nrivy councillor Of the treasury. and Herr
Hartung, director Of the Imperial Bank.
Great Britain-Lord Herscheli. lord
chancellor; Sir William Houldsworth. NJ.
p: Hon. Sir c. Fremantle, deputy master
of the mint; Mr.. Alfred d. Rothschild.
Sir c. Rivers Wilson and Bertram Curria.
Indla-General Richard Strachey ana
Sir Guilford l.. Molesworth
Italy-Signon Luigi Lozzatti. Raniero
Slmonelli and Domenico Kappa, men,
bers OF the late Parliament.
Mexico-Senor Don Antonio de Mier y
Cells Deputy Don Jaquin de Casas and
General Don Francisco Il. Mena.
The Netherlands-N. =. Van der Berg.
president Of the Bank OF the Netherlands.
and g. NJ BoIssevan. OF the statistical
bureau OF Amsterdam.
Sweden and Norway-Hans l.. Torseil,
ex-minister OF finance, and Haybard n.
Berner, director OF the Credit Foncier.
Switzerland-M. Cramer Frey, national
councillor, Zurich, and Nj. Charles
Lardy. Swiss minister TO France.
Belgfum-Senator Weber and nj. Sainct-
letto, Montefiore Levy. Allard and Cham
ber
Austria-Count Observation-Disclosures,
minister TO Belgium.
Russia-Prince Ourohoff. Russian min
lister 10 Belgium and NJ. Raffaiovich,
well-known economist.
Denmark-C. L. TetJien.
Spain-Senors Osma. Surra and Toca-
Cholera Reappears In Brussels.