The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-04-13
BIMETALLIC
COMMISSIONERS
President Names Ed Wolcott, A.
E. Stevenson and Charles
j. Paine.

Washington, April 12.-The president to-
night announced the appointment of Ed
ward o. Wolcott of Colorado, Hon.
Charles J. Paine of Boston, Mass. and
ex-Vice President Adlai E. Stevenson as
commissioners to an international mon
etary conference. These appointments are
made under the act approved March
last, For the promotion of an interna-
tional agreement for bimetanism." and
by its provisions do not require confirm
alton by the senate.
1t has been generally conceded that
Senator WolcOtt would be made a, mem
Der of the committee. He has been an
active leader in the movement for a mon
etary agreement and widely known as an
advocate of the silver cause. His trip to
Europe last summer was generally con-
coded to be at least semi-off1cial, as the
representative of the new administra-
ton. His tour extended over several
months and embraced the leading Euro
pean capitals. He had audiences with the
more noted financiers and ministers, and
it is believed then laid the foundations
for the International conference which the
commission appointed tonight will en-
deavor to bring to a conclusion. Sena-
tor Wocou is now serving his second
term in the senate, having been elected
to that body in 1895. While a pronounced
bimetallist. he was a staunch supporter
of the St. Louis ticket.
Ex-Vjce President Stevenson. though not
generally known as an advocate OF Dl-
metallism. was a staunch supporter of
Mr.. Bryan and the Chicago platform. He
and Senator Wolcott, however. are said
to be in accord on the financial question.
General Charles j. Paine. who may be
termed the minority member. is a Re-
publican. and was2a Mex 1siey 1ilan. He
is one of the most pro11t lent business
men of Massachusetts. ansr Is said 10 be
a deep student of the financial question.
While he is classed as a supporter of
bimetallism based on international agree
rnent. he is regarded as allied with the
sound money faction. He is a gradu-
ate of Harvard. being a member of the
class of 3d. General Paine is largely
identified with railroads and other cor
porations. being director of the Chi
cage, Burlington Quincy railroad and
other large concerns, and a director Of
the Boston institute of technology; was
an intimate friend and associate of Pro-
fessor Walker and financial author and
authority He is "a man of large wealth
and probably better known to the pub
lie at large as one of the syndicate of
gentlemen who built the cup defending
the yachts Puritan. Mayfiower and Vol
unteer.
1t is a fact not generally known that
General Paine accompanied Senator VOL
colt on his European trip last summer
and assisted him in that work 1t is be-
lieved that he went abroad with Senator
Wolcott with the understanding that he
was to be made member of the COM
mission.
1t IS not yet known when the COM
missioners will meet and organize. When
an organization is effected. however. it is
believed that Senator Wolcott will be
made president. 1t is authoritatively
stated that the commissioners will not
go abroad before May l. by W--.ch time
the new ambassadors will be at their
assistance necessary in the cOnsumma-
ton of their mission.