Deseret Evening News | 1903-05-12 | Page 5 | Philippine Money

PHILIPPINE MOSEY No io Time Fixed far or of Gold Washington May ay 11 Secy Root Boot Mr Ide lite of th the Philippine commission Mr Edwards Of he Insular bureau and members membra of ot the monetary hM held h ld a conference today and discussed the Philippine money situation In Its III it relation to the te operation of the new nel currency cur nc laws las for tor the Islands island After ACter ib ie conference a cable coble message was tent to cloy Gov Taft for tor his Information as a at follows follow t Henry C Ide Charles A J Conant and anI I Prof prot Jeremiah W Jenks lenks recommended I tIme Ime time be fixed for tor the establishment at told gold standard until full tull preparations have bave been made mode covering In detail t f maintaining parity Letters will be b mailed you In a B few tew days doII flee Rec Recommend continuing present policy polley as at a to 10 fixing ratio between Mexico and United Blates currency Recommend no legis legislation p lation to Interfere with either Import or export of ot Mexican dollars Recommend Re ultimately taking up currency at It approximate mate mole b Value that Mexicans be not taken up at al any t me meby by Philippine government but bill their u Ute use e discouraged by receiving them for gay gov gO nt dues only for or rates below bolO tail bill liob value salue after atler sufficient supply of ot new ne currency U i on hand hanl to meet wants want wantI of ot Philippine II Secretary of war ap SP approves I proves Pf l all these resolutions I c EDWARDS