Third Conference
A third conference was held in 1881 in Paris. In consequence of the continuing fall in the value of silver, this conference was convened by the joint action of France and the United States. It was more influential than the second conference since Germany sent representatives, as did Spain, Portugal, Denmark and India. The characteristic of this conference was the greater strength of the support given to the bimetallic proposal by France and the United States, together with the opposition of the delegates of the smaller European countries, and the refusal of Germany to promise any cooperation. The inevitable consequence of this situation was the adjournment of the conference to obtain fresh instructions, which, however, were never furnished.
Read more about this topic: International Monetary Conferences
Famous quotes containing the word conference:
“Politics is still the man’s game. The women are allowed to do the chores, the dirty work, and now and then—but only occasionally—one is present at some secret conference or other. But it’s not the rule. They can go out and get the vote, if they can and will; they can collect money, they can be grateful for being permitted to work. But that is all.”
—Mary Roberts Rinehart (1876–1958)
“Reading maketh a full man; conference a ready man; and writing an exact man.”
—Francis Bacon (1561–1626)