MONETARY.
(HY ELKOTHIC TELEGRAPH.— COPTKIOHT.) London, December 7. In the event of the failure of the Monetary Conference, it is expected that the Indian Currency Commission will propose a gold standard for India, or that the Eastern mints will suspend the purchase of silver. Brussels, December 7. At the Monetary Conference, Mr Wilson, of Fremantle, Western Australia, asseited that the British policy was one of mono-inetallism, pure and simple, and, therefore, he was unable to support either the chairman or Rothschild in their proposals. Owing to the opposition of the American Delegates, Rothschild has withdrawn his proposal respecting the annual purchase of silver. Sir W. H. Houldsivorth, one of the British representatives, has submitted a scheme for forming a bi-metallic union. Wasiiington\ December 8. The Coinage Committee of the House of Representatives have under discussion a Bill providing for the repeal of the Act authorising the monlhly purchase of silver and also a measure directing the Treasury to sell a hundred million ounces Of silver for gold.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WT18921210.2.31
Bibliographic details
Ngā taipitopito pukapuka
Waikato Times, Volume XXXIX, Issue 3193, 10 December 1892, Page 2
Word count
Tapeke kupu
167MONETARY. Waikato Times, Volume XXXIX, Issue 3193, 10 December 1892, Page 2
Using this item
Te whakamahi i tēnei tūemi
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.
Log in