The star. (Reynoldsville, Pa.) 1892-1946, 1897-04-21
BIMETALLIC COMMISSION NAMED
Itis Composed of Senator Wolcott, ex-vice-
President Stevenson and Gen. Paine.

The President announced the appointment
Cf Senator Edward o. Walcott, OF Colorado;
Charles j. Paine. OF Boston. and ex-vice-
President Adlai ID. Stevenson as commits
sioners to an international monetary confor-
cnce. These appointments are made under
the act approved March 3, last, "for the pro-
motion of an international agreement for hi
meinllsm. and by It's pro visions do not re-
quire confirmation by the SENATE.
II has been generally conceded that Sena-
tor Wolcott would be made u member OF the
commission. He has been an active leader
In the movement for II monetary agreement
and widely known as an advocate Of the sill
yer cause. His trip to Europe last summer
was generally conceded 10 De at least semi
official, as the representative Of the new ad-
ministrntion. His tour extended over sew
eral months and embraced the leading Euro
Jean capitals. He had audiences with the
more noted inanciers and minister's. and it
Is believed then laid the foundations for the
international conference which the commits
sion will endeavor to bring to u conclusion.
Senator Wolcott is now serving his second
term In the senate, having been elected to
that body in 1895. Whiie "a pronounced hi
metalist he was u staunch supporter of the
ST. Louis ticket.
Ex-Nice President Stevenson, the Demo-
cratic member OF the commission. though
generally known rs an advocate of bimetal-
ism, was staunch supporter OF Bryan and
the Chicago platform. He aud Senator VOL
cott, however, are said 20 be in accord on the
financial question.
Gen. Chas. J. Paine, who may be termed
the minority member, II Republican and
was Mckinley man. He IL one OF the most
prominent business men OF Massachusetts,,
and is said to be n deep student OF the flnan-
cial question. While he IL cassed as a sup
por.er Of bimetalism based on international
agreement he Is regarded as allied with the
sound money faction.
He IL "A graduate OF Harvard. being n mem
Der Of the class of '53. General Paine IL
largely identified with railroads and other
large corporations, being u director OF tho
Chicago, Burlington Quincy railroad and
other large concerns, and n director OF the
Boston institute Of technology; was an inti-
mate friend and associate OF Prof. Walker,
the financial author and authority. He Ia a
man of great wealth, and probably better
known to the public at large ~ one Of the
syndicate Of gentlemen who huilt the cup
defending yachts, Puritan, Mayhower and
Volunteer.
II Is not yet announced when the commits
sioners will meet and organize. When an
organization Ia effected 1t In believed Senator
Wolcott will be made president. II IL autho-
relatively stated that the commissioners will
not go abroad before May l, by which time
the new ambassadors will be at their posts
and render the special ENJOYS the assistance
necessary In the consummption Of their mis-
sion.
1t is fact not generally known that Gen
Paine accompanied Senator Wolcott on his
European trip last summer and assisted him
in that work. 1t Is believed he went abroad
with Senator Wolcott with the understand
ing that he was TO be made me mber OF the
commission.