Gold And Silver

On the liandling of the money question depends much of the suecess or failure of the business of this nation during the few years to come. It will require much wisdom to shape our financia! legislation so that the country will return again to prosperous times. No oue mau can solve the vexed problem. It will take the combined wisdom of the financiers of the east and the west. We can not have a single gold standard, neither can we have silver alone, but these two money metáis must be the basis for the circulating medium of the natioñ. And they must be so adjusted that they will travel together ■without friction, or without one being given the advantage of the other. It would be a much easier problem to solve were it not for the attitude of England upontbis subject. The capilatists of England, and they control the finances of the world, want all obligatious paid in gold. They can see nothing desirable in silver, and so they always demand gold in payinent. It was that influence thatdemonetized silver in India, but the English merchante in India are being so pinched by that act that it is tliought England may be forced to change her positiou and take a stand favoring silver. Should the nations of the world combine against England they could force her to replace silver where it rightfully belongs in the world's currency, and the United States should niake an efibrt to effect such a combination. The volume of the world's business is carried on with silver as the common currency, and only the action of England's capitalists bas ever made it otherwise. There is not enough gold in the world to carry on business of the world one mouth of the year, which fact alone is sufficient to conviuce an ordinary person that a single gold Standard is not what the world wants to do business with. But the problem will be solved in time, and England will be obliged to come down off of her high throne and walk hand in hand with the other nations of the earth. It is only a question of time when She will have to divide the capitalistic honors now almost exclusively hers, for the United States, in another century will outstrip her in ■wealth. And the United States, with her exhaustless mines, will never discard silver as a money metal. o