The morning call., 1892-12-08
HOPE ALrlOST GONE.
1t Seems Impossible for the None
tary Conference to Agree.
Talk Now of Calling Up Again the Plan
Offered and Withdrawn by
Rothschifd.
Special to THE MORNING CALL

BRUSSELS, Dec An important sectlAn
of the International Monetary Conference
holds that Roihschild's withdrawal of His
plan does not de5ar its further discussion
by the conference, the committee 10 which
the plan was referred having presentedit il
for the consideration Of the conference.
An interview is published with Leon Say,
the wel'-known French fnaneier. Say de-
clares lie thought the attitude both Of lie
EssI+sls- -saa-AsssftsAzs = alelsea ss-asflS s.'.
especially to the Americans. who appeared
to be without definite proposals. Say could
not understand why the British, as prac-
tical business men, wanted the assistance
Of France In matter which was their own
concern. In regard 10 the Rothsckild pro-
posals, Say declared he thought they solved
nothing, and added that he thought the de-
liberations of the conference would end In
nothing. Says remarks on the action Of
the French delegates are to the effect that
they criticize everything said in the confer
ence or in committee, but suggest nothing.
The opinions among the delegates are be-
co-ning more clearly defined. The parti-
sans the single and double standards are
proving more irreconcilable as the discus
sion develops. Henry w. Cannon of the
American delegates asks the committee TO
gates as stated to the Plenary Conference.
Montefiore Levi. president OF the confer
ence. opposes the committee proceeding to
discuss the American proposals, and bases
his objection on the ground that the CON-
mittee was appointed to discuss a special
question on its reference from the confer
ence, that the American proposals are re-
lated 10 fundamental principles. and that
would better come within the competence
Of the conference.
The majority OF the committee concur In
the opinion OF Levi.
Benjamin Andrew of the American dele
CATION and j. M. Gerssevan of the Neither
lands Will speak in favor of the American
plan when il Is discussed tomorrow.
President Levy has received a communi-
cation from Mr.. Allan. a member of the
institute of Civil Engineers. who has
had much experience ia India, sug-
gesting that the silver producing
countries agree to each impose a fiscal
duty on all silver exported except their own
silver coins. the duly being On q sliding
scale, equal to the difference in value
between the market price of silver and the
International minimum value, less fixed
percentage on coinage, no silver thus ex-
ported being under the standard minimum
value, but TO be free to command exchange
in its favor. The proposal, 1t is expected,
will be discussed by the committee. but 1t is
doubtful II it will be seriously entertained.
in view of the fact that Mexico and other
silver-producing countries have clearly ex-
planned they cannot agree to any restrc-
tions of the silver industry.
Hon. E. Terrell. American Minister to
Belgium, will give banquet in honor Of the
delegates tomorrow.
A grand municipal reception at the Hotel
de Vile has been fixed for December 16.
This will wind up the fetes in honor Of the
delegates until after Christmas.