The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-11-16

mat bs this as may the rsssras q ne sxsds carried on
By France in specie show cssry sssA weue 80 70 In
tbs iAOi beng that white she l. aiopans ourrsscs Of
The Other metal that Of toe latter discarded end ADDS
~ way INTO the melting pot and becomes sddsd 70 the
supplies Of bullion annually seeking q market, Just like
thoss which the earth tor the first dne In
silver productre regions. THIS psoo>ss nua continue,
footing until ali the silver ooDs an exported, except
indeed, su0h - considerable worn. These may DO
worth - bullion less than thsir rsaed vAlas compared
with gold coins but In spe Of all laws 70 the contrary
al silver pieces good weight come 70 the sng
Pot - long tho regulations Of Law make prof able
tory dcscrru for ransact,ng suAh exchanges such
thoee OF few irapcs cam. Gold With yer becsnse
the COINS Of that ta Of the aste small value would De
pespexngy minute and expensive Of fabrication Tue ave
franc gold peces lately oduced have for time osen
subject OF rdcole In those unerrng registers or the our
rent q popular opinion the illustrates comic press
though Ii now said Of tnem viii 20 Coined,
Notwithstanding former occsson 10 tae contrary wv
courses remain for adopaon either 70 MAKE sVes sene
eW yesrv or else 20 iolow tue syssem introduced here
n 1915 and In 'ne United States In 1888, and secure
hat metal over "a ed vi respect ins gold standard
MONEY! bat prevented from cSpla ing that metal 10 Its
turs by being sowed % BE- lees' .snoes % oa: limited
SHae 70 something baD hall thai SUM In either
o these ways only Franco silver COINAGE
idle 70 expect 70 do 60 oy Prohisns exporsAon, or
adopting any other expedenl by winch t may be ct.
tempsed sub6ne The bstuTA Laws OF vHIue. n0t
use OF them The peror OF FREQ MOI more ar
bsrsry than our Tudors ana susrts Yet they failed 70
carry out such enerp In former times we, IKE
the French had douole stand ,rd ana when silver de
ohaed In value, oonps'ed With solt the latter dsap-
peared This happened towards the ooee OF the 18th
OF the 18th oosturos Prior to DISCO
very OF America silver gold had pro
portion OF from Of ire lsttor Twelve
a the ormer; but after the mues and dig sngs mai
been worked for nearly century the prsporoa became
"a one 70 nfHen While thu change In operation,
nearly all our gold coin sAs oxpIrtcd and 10 stop
70 this, the proportion Of goli 70 silver money was
rased-at first nsufoleu nifty, out Afterwards much
This happened in the reigu James writer Of that
day MUM Observed ToR LIST rising III gold ten IN
the hundred dill bring great reof Than
accustomed to have IN the kingdom; but IL Car
Red away all or the mot part or tur evor All such
changes produced great Inconvenience. an remedies
anxlousy sought sfter Vain attempts were made
70 retain the Of each metal u country by prohi
biting and Furnishing It. exportston but tnese proved
unavAng stated Of toe royal proois atoms,
'noawiihf fapdine remarkable oxsmpes Of Jasice
IN the High Court Il me Stsr Chamber such violent
proceedings would be contrary 10 The mtldor spirit Of
modern traee but 10 only the mole represson not
the which led 10 t. wnich be sad TO be gene
rally changed, If II be true that the remety couten-
plated IN France for the aud OF
silver currency ia In prohibitions OF exports
oa and other such expesienss iastead Of the simple
and ecacous measures ~hah the essoas Of experience
and principles OF economic In Indicating
~ alone appropriate