The International Monetary Conference of 1881 was the third of a series of international economic conferences, convened in Paris on 19 April 1881 and adjourned in July of that year. Like the previous iteration in 1878, it failed to achieve a cooperative outcome.[1]: 199 

Overview

In consequence of the continuing fall in the value of silver, the conference was convened by the joint action of France and the United States. It was held under more favorable auspices than the previous attempt in 1878, since Germany sent representatives as did Denmark, Greece, Portugal, and Spain, bringing the total number of participating nations to 16. It was chaired by French foreign minister Jules Barthélemy-Saint-Hilaire.[2]

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. The conference therefore did not reconvene in April 1882 as had been initially envisaged.[1]: 200 

See also

Notes

  1. 1 2 Elisha Benjamin Andrews (June 1893), "The Monetary Conference of 1892", Political Science Quarterly (8:2): 197–219
  2. ↑ Proceedings of the International Monetary Conference Held in Compliance With the Invitation Extended to the European Governments by the Governments of France and the United States in Paris in April, May, June, and July 1881 Under the Auspices of the Ministry of Foreign Affairs of the French Republic. Washington: Government Printing Office. 1887. Retrieved 11 June 2018.


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