The Placer herald., 1862-02-08

ARROGANT and assumptions England has
other demands upon the Government of the
United States, besides that for the deliver
ance up of the Rebel Commissioners; so
we learn from the recent eastern news. We
have yet to learn what those demands are,
and whether they will be as readily conceded
as that in the case of Mason and Sidell.
The British Lion has but to shake his name,
and utter a low grow, when, 10! the tabled
Goddess of Liberty trembles in her shoes
"crooks the pregnant hinges of her knees"
and hunbly Graves pardon. Well, we shall
cease to be astonished henceforth and forev-
er. San Jose Mercury.
We would call the attention of our read
ers to the fact that the Mercury is an sir
repressible" Journal, of the deepest dye; and
that he is showing signs of disloyalty,
which should be nipped in the bud. Why,
he lnsinuates that the immaculate Admins
traton Of "uncle Abe, bowed, through fear,
to John Bull, and asked, in the most hum
BILE manner, to be forgiven for having put
his foot in it. The old much favored theory
"the King can do no wrong" being in prac
tice by his party, the editor of the Mercury
should be held to account tor having far
forgotten his country as to accuse The pow
ers that be with doing anything that was or
could be out OF place, or not "necessary" to
be done. Such a course, If not reasonable,
to say the least, is highly censurable. TO
complain, or even think that the Admins
tration, Republican one at that, could be
capable of doing wrong-oh! no, the Mer-
curry man must not be allowed to do that, it
will not be giving support to the Govern
ment, and, worse than that, his disloyalty
will encourage the rebels.
E2 Dorado Times.
WHAT BECOMES OF THE SILvER.-EurOpe
and America have been drained Of silver to
supply the demand of the British East India
Company, who, since 1880, have required
their revenues to be paid in silver. In this
country, the intrinsic worth OF silver has
been reduced about 7 per cent in order to
keep it here. The drain from Europe still
continues The gold that is brought into
England is sent to the Continent exchanged
for silver, which finds it's way to India, and
there disappears. During the last twenty
five years, the shipments of silver to India
have reached the enormous sum Of $780,
900 900, of which $92 100000 have been
re exported, leaving $45s, 900, 900 unaccount
ed for. And these shipments have lately
been on the increase. For the five years of
the term named, the shipments were $45,-
100000, showing an average Of only SO, ,OO0,-
900 per annum, while for the last five, the
shipments have been 50 5000 900, or $43,-
100000 annually, and the current is not yet
checked The movements of specie in all
other lands can be distinctly traced bu; here
the keenest sa2aclty is at fant.
With the shipments to India there has
ever been N insoluble mystery. 1t is like a
stream emptying into a bottomIess gulf, with
a relurnless flow. Some have conjectured
that the silver thus sent to India is used up
70" ornaments; but this would account for
only small portion of the immense total
We should not be surprised if the secret of
this flow of treasure in one direction WAS
found altogether in the methods taken
for its preservation in that distracted
country, by burying it in the ground.