New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-04-13
COMMISSIONERS APPOINTED.
TO REPRESENT THIS COUNTRY AT
MONETARY CONFERENCE.
SENATOR WOLCOTT CHARLES ]. PAINE AND En-
VICE PRESIDENT STEVENSON CHOSEN BY
PRESIDENT MKINLEY - THEY WILL .
PROBABLY co ABROAD
ABOUT MAY


Washington, April 12-The President tonight
announced the appointment Of Senator Edward
O. Wolcott. of Colorado Charles J. Paine. Of
Boston, and ex-Vice-President Adlai f.. Steven
son as commissioners to an international none
tary conference. These appointments are made
under the act approved March for the pro-
motion OF an international agreement for bi-
mctallism." and by it's provisions do not require
confirmation by the Senate
1t has been generally conceded that Senator
Wolcott would be made member of the Commis-
sion. He has been active leader In the move
ment for a monetary agreement and widely
known az an advocate Of the silver cause. His
TRIP to Europe last winter generally con
ceded to be at least sem-oficial as the repre-
sentative Of the new Administration. His tour
extended over several months and embraced
the leading European capitals. He had inter
views with the leading fnancers and Ministers
ard it Is believed then laid the foundations for
an international conference which the com
missioners appointed tonight, will endeavor to
bring to a conclusion. Senator Wolcott is now
serving his second term in the Senate. having
been elected to that body in 1881. While pro-
nounced bmetallst. he was a stanch supporter
of the St Louis ticket.
Ex-Vice- President Stevenson. the Democratic
member of the Commission, though generally
known as an advocate of bmetasm. was a
stanch supporter Of Bryan and the Chicago plat
form. He and Senator Wocott however. are
said to be in accord on the financial question.
General Charles J. Paine. who may be termed
the minority member. is a Republican, and was
a Mckinley man. He is of the most prom
nent business men Of Massachusetts, and is said
to be a deep student Of the financial question
While he is classed supporter Of bimetallism
based on international agreement he is regarded
as allied with the sound money men. He is
graduate of Harvard, being member Of the class
of 'J3.
General Paine Is largely identified with rail-
roads and other corpora tions. being director
OF the Chicago. Burlington and Quincy Railroad
and other large concerns and a director or the
Boston Institute OF Technology He was an
intimate friend and associate of Professor
Walker. the financial author and authority he
is a man Of large wealth. and probably better
known 10 the public at large as one or the
syndicate which built the cup-defendng yachts
Puritan, Mayfower and Volunteer. 1t is fact
not generally known thai General Paine accom-
panied Senator Wocott on his European trip
and assisted him in that work. 1t is believed
that he went abroad with Senator Wolcott with
the understanding that he was to be made
member of the Commission
II is not yet known when the Commissioners
will meet and organize. When an organization
is effected however. ii is believed hat Senator
Wolcott will he made chairman. II is author
itatively announced that the commissioners VIII
not go abroad before May |. by which time the
new Ambas ssadors will be at their posts, ready to
give the Commissioners the assistance neces-
sary in the consummation of their mission