New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-08-04

in For some of the effects nearly certain TO follow
her action are 1. That France will be weakened oy the
reduction In value her large stock Of slyer Ina'
rprlands trade and supremacy in the East vii be
checked by the change aready alarming In The course
of her exchanges with India and China IL Is pu.
rational To suppose that Germany foreaw and desired
these effects.
In considering the influence Of this condition OF things
OH my own Iirs have been led 10 inquire whether IL
would be possible prudent for the Oriental nations 10
maintain their silver standard in the face OF such changes
In Europe and perceive that they not only can bnt
must maintain it, and that they must reap some clear
advantages from their neccss ty-hrst because the
establishment II gold standard among those hundreds
OF millions Of slowly communicating and CONSERVATIVE
people. familiar only with silver money, and requiring
the very smallest coins. would he impossible even To
despoc power second because before silver could be-
come superintendent among them Europes surplus
would have been absorbed, Americas production
checked and the value OF the metal nearly or Gl''e
restored its old level leaving the ASntcs masters OF
tn STOCK and having enabled thcm while acquiring H.
not only to diminish their expenditure for European
manufactures hut stimulate theii own industries anu
sell the products 10 foreigners 40 unusaly hSh prices
In coudensnc this statement OF Whit may be- expected
10 occur IN the East have bad 10 omit many n'idcia-
tous in support Bu; any verSed in The subject
viii easily suypy such omissions. and VIII be obliged
think to CONFIRM my views. Now II these results 81
rcsessness IN Europe likely 10 ye' such ad' ahtse'
10 the quiet Asl,ic why may not Americans also turn
them 10 some good account impoverished as we SIRE ty
past cNirsyaCancr crushed by debt and taNau"n ahr
with our Industries paralyzed h. loss prices and by dis
trust Of The uurc We III afford to surrender anS al
gcs which fairly To DO from ;he selfish poi'y
~ Eu,oTa To. questions arr: Are these adTautagts
real. and cav SEE aoEorably avail of 'hrmf
Wi.hou. approving an o. senator Jones' sp-e'h IL
seems la "a, tla his statistics and arguments u9'"'
some solid al autagcs tc the American people 20 retain
. .i,r . . st4..I,- ~ 8 -ur. He hgsifes. perhaps
.....I. VI. ,..,., ,,,5 M silver. bat nj. Lis
arguments in favor of double standard apply, tae'en
greater force, To tine standard 'l ''tI '''m'
;hosc Of NJ 'Arva.tr On The Tern" oes Ief A'''S' %
~ .-,r .... .,,,..,f,. ,.,,.rt i'm favor Of sill
meant TO Ia'"' -'''' ''' -, -, , r,, IA,
o.. e., S,.,i .t.s.r.. .. q. NlIify which now trouble
- -. ,t claim, ,...,. attention than any other
S"'y.''' -." ' ''''., -, -. IN ~, ,.-,,.,s, Il,
- '' -. o., a. ,,,,,... l,It I'm t,sirg a
,rr,ar oor-.e even = it Keeps 10 com'1Uy with 'he
- f. ,.,i,.. 3, i.; Chinese The -r.oIutc adoption
,, .r,. NOW would probably arrest
,Ia c1tfr, u ~ price. Which i- producing the general
3-,-s that ,., tropa.. 90 alleviate. On the
distress 'I.' ~, .,,,-b, IN. ..,ti--
ned i.l metallic currency, which 'noJ equal 10 gold.
, , .II .rt. ne .sr u,,1r. 10 irrc!,emalie pa;eT.
"''' " co. -. - aud ,,.o,.I.,,..r ,-, .rrfc,!
Dis-"Hsio" Doing ''.' I'''''' '.'. ~ p -,
prices voud resi- "u tte -"Hn a"" 'i''" pass % '
- ,r, r,.I.t i'm chi, country a. lu asi, prove
eli, u, h. now ..-,rslr, INJECTED. For silver
moro ''.'4..- 'i.' ~ '.'' ~ o.. ...-f
viii clu:.LGc ,o Doc q " precious 'e'd go, L '''
tuHilnu. 90 want it D. NI.. always i'ia. ..L' li
I..t 81 cannot Dol. D.. ..t.,. permanently lh '-.'
yutri b af ..u cost those who now d-'.d ~ NAV %.
,,-.r M 10 q iurp 81. d. aud fhu., EH, tDs fl. o. b nile
ID r. rt rails cheap may AdN, only f' t'A'iH.t lft-
selves ,a,. uploit.ult' anu "A F l'i' -4h' -'
would much result ~ t.v,u ioialf
suptTa' uutiunr ni o. N"a'h.' Iii.-E y. 'n' , , 49,,
e,as. born @. Which II rt, a' . ,r, 1. h, be-
stimulated aud li. rcgmr"yrd other oa''', rlu i5
""..,'.,,", '.' 'S' meet rh.ra some ,-ou'l