Show FRANCE AGAINST FREE COINAGE Several Important Statements Statement Mads taca at atthe atthe atthe the Conference At the Tuesday the te International Monetary Conference Delegate Delegat Frey rey ry of Switzerland Switz erland had ha stated that the tho Swiss Confederation ton tion n would t n ac accept pt any settlement of f the silver question queston that did not provide provide for for a a are are- re- re re coinage of French French 10 franc pieces and end the he notes withdrawal of ot the the Italian 5 and S franc 10 At the meeting Sat he Italian delegates dele dele gates gats said that that Italy Iny did diLl not object to the principle but but that time the withdrawal of her worth of S ad and franc frano notes lotes would absolutely not affect the currency question queston because she wo would ld have ha c to recall recal to Italy Ialy Italian silver coins circulating In II other countries of the lat Latin Union unon otherwise Italy Ialy would be bo unable to meet the international needs M. M 1 the French delegate a and andea dex ex- ex minister of finance expressed his Il indorsement Indore indorsement indorse indorse- ment ment of the of the tim Italian delegates He said that the al withdrawal of the French 10 franc 10 franc frane gold gold pieces would conduce to the themore themore more mor extended use of silver France Franc would hs hue ve to substitute for the coins thus withdrawn withdrawn with with- wih- wih drawn an immense amount of silver sUver already held beld In reserve In iii II the Bank of France France M. M f. f said was quite quito satisfied with wIh the present system as a Insuring an abundance of money It I was wu Impossible that the tle Latin union could think of bimetallism while hIe Germany England and Austria refused to open their mints mint for free coinage Therefore There There- There r f-r tire fore M. M added the conference must abandon any radical solution of the problem and apply Itself Itel to securing some moderate measure of relief He Ho le would himself hImsel earnestly earnest earnest- earnest ly Jy operate co-operate in hi carrying such a measure to success The address adres of M. M L made a profound Impression and quenched quenche any remaining hope bope of radical action aton in favor of bl bi bi The American Amerlean delegates will wi give a second banquet to their colleagues at at the Hotel Bellevue on Monday I M. M 1 the Dutch Duth bi b and andS and'S S nor Toa Toca of the Spanish delegation re repudiated r- r rc- rc In the international conference the views expressed by M M. Tiered and the tho te arguments arguments arg- arg ments ment with wih which he be supported these views Delegat Delegate Forsell of Denmark challenged the te American delegates to pronounce a definite nite opinion on the Issue before the conference confer conter- once ence and formulate a plan pla Senator Allison In II behalf of the he American America delegates replied that the United States was wu ready leady to t accept any fair fait scheme supported by bya a certain number cf of nations i Herr Hans nans Forsell one ne of the Sweden and Norway Nonny delegation referring to Congressman McCrearys McCreary's declared preference for a fixed ratio rato between bet gold and sliver silver of 16 to t laske the Americans if I they they would agree to 14 t a n ratio lato latoof of 20 to t 1 I which would be a nea nearer er approach nh to w the present silver value Senator Allison Alson replied that the Americans f l n. n L In nf f K tn in t l if If r 4 f I ho he thought thought that using silver using siver-using states stats 4 rould ms most logically adopt the ratio rato of 1534 to 1 America would accept no ratio rato unless a sufficient sufficient suf cent number of governments entered Into Int the thea a agreement to t make it I effectual |