WI the Latin Monetary Union works?

http://en.wikipedia.org/wiki/Latin_Monetary_Union

This tentative to standardize europeans currencies and , in fine, a single currency for all signataries was a failure
But WI the Latin Monetary Union sucess to keep his 1865 line and, maybe, to go further?

Of course, WW1 must just disappear, with several tensions in Europa, and all this necessite to reform XIX° economy but...With an union since begging of XX°, neither US, nor China could be rise so easely
 
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