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Show tiii: siui.it inri:unuwiTORK. Hpeaklugof the Hrutsells conference and what was likely to result from Its lalors, the Cbloigo Vlpala of Wednesday Wed-nesday last contained a hopeful article In which It stnled that "tbo proposals of Alfred de II ithschlld have beon well cninl.lt red naj favoinbly received lu the financial circles ot the world. The lonfcrenco appointed a very alio com-mlttcutoo)rIJor com-mlttcutoo)rIJor the Itithtcblld pro-peals, pro-peals, aud It Is Lelleved that they will be accepted by the commltteu and reported re-ported to the conference for alopilan. The conference will very likely sgreo to them, with some modifications. One will undoubtedly be that all gold coins below the value of twonty francs be withdrawn from circulation and replaced re-placed with sliver notes. A late tele. g ram from Hruuils Indicated tho ad. hisloii of the Ueruutu delegates to this course." Hut the sequel, se-quel, as arrived at by the conference yesterday, was that the ltitliscblll proposition was rejected by the narrow mijotlty of onu vote. Tho announcement was alto ruaio that the result gave thu American delegates confidence, bellovlog that they would now be able to get even better ttrins. Wo greatly fotr that this Is doubtful; It Is Idle to overlook or underestimate under-estimate tho potency of ltthsohlld In the monetary circles of Kurope, and what hu proposes is ery opt to bo looked upou by the others, or a majority major-ity of them, as the limit to which they should go; In other words, lili tJy-so amounts virtually to an ulllmttum. Wo naturally look for the best, but as things stand If anything better than what has beon rejected by the committee com-mittee Is accomplished, It will be an ngnrable disappointment. Of course uur delegatts ought to be advlsiid as to thostatus, but men somstlmss obtain oonfldente from a knowledge of what ought to be an 1 a hvpu that It will be. |
