[1]: 203 After several abortive attempts, the fourth and last of the 19th-century International Monetary Conferences was brought together at Brussels in November 1892 on the invitation of U.S. President Benjamin Harrison.
[2] In addition to the United States and Belgium, the participing nations were Austria-Hungary, Denmark, France, Germany, Greece, British India, Italy, Mexico, the Netherlands, Norway, the Ottoman Empire, Portugal, Romania, Russia, Spain, Sweden, Switzerland, and the United Kingdom.
[1]: 204 At the request of British delegates, the conference also reviewed reforms plans presented by Alfred de Rothschild.
[5] The conference ended in failure,[6] adjourning on 17 December 1892 with a call to meet again on 30 May 1893 that remained eventually unheeded.
[1]: 216 At the conference, German academic Julius Wolff submitted a visionary blueprint for an international currency that would be used for emergency lending to national central banks and would be issued by an institution based in a neutral country.