The Leavenworth weekly times., 1879-07-17

but the evils of cur ordinary indemic dis |
ases msy he greatly mitgsted by such a |
course. Filth is aprolific parent OF disease |
iu every form, and the people who tolerate
filthy streets, filthy alleys, filthy back |
yards, and putrid ponds in their midst, |
cannot hope to be healthy. Cleanliness is
one Of the laws Of nature, and disease is
the penalty We pay for its violence.
GREAT BRITAIN AND SILVER
RECONCILIATION.
England is paying more than particular
attention just at present to the silver quss-
tion, and it is very apparent that before the
m after ia brought to final settlement there
will be great revolution in the British
mind. Some time ago, Mr.. Edward Lang
try, of the firm Of Blake, Brothers 4 Co.,
read paper on the silver question before
the Manchester Stati-tical Society, which
has an additional interest from the fact
tha. it takes British view of the effects
upon British interests OF the recent demoneti-
zation Of silver, and points out that the 20
long boasted adoption of the single stand
ard by Great Britain sixty three years ago,
has proved to he at last the source OF great
loss to Great Britain by the destruction OF
her trade and the impoverishment Of Gus
toners. The Chicago Tribune takes q care
full look at Mr.. Langtry's paper and pro-
ceeds TO make selections from it which
prove at the present time Of pertinent inter
est to its readers Mr.. Lsngtry explains
most clearly ho~ England escaped The i'll
effects OF the single gold standard, and how
at least the defect of that sys.em was
brought practically to view. Up to 1876
the iufexible gold standard worked we'll,
and mono me.allists have used this flct for
| all its worth and, as 1t seems, for much more
than it was worth. The circumstance that
the bi-metallic system of France rever was
sufficiently considered as bearing on such
result. until in 1876 it was forcibly brought
to view, is conclusisely shown. During
the period of 1916 to 1876 the defects Of the
single gold standard were concealed, but
we're disclosed when the demonetiz alton ol
silver by Germany led to the suspension Of
the law permitting unlimited coming
and unlimited legal-tender o.
silver in France and the Latin Union
| The action OF the Union WAS a measure o.
\ I IL al L. q
strong effort making 10 effect general de
monetiz alton of silver. Had France no,
closed the market at that time, temporarily
to the coinage OF silver, the demonetized
mass would have been rushed into hsi
mints and gold would have been taken
| from her. She would have found herseli
holding alone the money which Europe
and the United States had denounced ss
not being money. France, therefore, in
1876 suspended the coinage Of silver, and
sicce then hss claimed payment to her ol
| all foreigo deyts in gold. Mr.. Lsngtry
then discusses the eff ct of this action On
England, and explains how the defects ol
the act of 1916 hsd been SO long and 40
successfully concealed.
Mr. Ian try sketches the evidences Of
the decided appreciation in the value OF
gold because of the diminished supplies Of
new gold, ard the absorption Of gold by
Germ any and the United States. The alb
sorption of gold by Germany was a direct
result OF the demonstration of silver. The
British people have to import one third OF
the food they consupe. and must depend
on manufactures alone az a means of earn
ing n, ,uey with which to pay for this food
Chesp raw msr-risl, cheap labor and
stesdy foreign ex hsnges, and system Of
currency best sui'ei to the wants of her
customers, sre in perative necessities for
Eugl.nd. E-itish IN oney is not the money
of her Gust ners; their money is not
British mo:sy; and hence there is an
impossible barrier to trade by refusing to
take their money and refusing to keep in
stock the oaiy money they receive. SO
long as bi-me,aliic France acted "a a clear.
ing house, this difficulty Of the single gold
standard was not noticed, but is so painfully
evident now thst it nust be remedied, il
England as a nation of manufacturers il to
| xist.
India hes an annual memorable gold
debt (intere.Ij to pay in London Of SIS,
OO0, 900. The loss 10 India OF paying this
sum annually in gold in Londnn is $50,
| OOt 600. The taxes of India are at the
maximum of endurance; her money il
silver, her debt is gold, and it ia a simple
calculation to find what the end must be.
After discussing the reduction in the an
nusl supply OF gold from $l5O.O00, 600 to
F, S90,000,000, and the effect of this curtail.
ment of the worlds supply of gold and the
| demonstration of silver. which up to
1876, vas the equal Of gold, Mr.. Langtry
| says:
"Now, arguing on the baais that up Ia
1876 the world possessed 5000 O00, ,O0C
of money,-gold and silver,-and if, as has
| been made out, that the trade of the world
began to dwindle on q diminished produc.
tion of perhaps S. 900 600 per annum, what
| if this argument is true, must be the in.
evitable consequence of the demonstration,
40 far as Europe Is concerned, Of s. SOC, ,000,.
| 600 of metal hitharto counted as money in
Europe, and this by stroke of the pen
by the abrogation of Law which occurred
in 1872"
The remedy proposed rs the result Of the
argument in this interesting paper is thus
stated:
"The remedy can only be found in q
speedy agreement with France and the
United States of America to adopt the
bi metallic system on the ratio Of 15l
| OUNCES of silver to l ounce of gold, either
being an unlimited legal tender. The day
such q convention will be sigued, silver
will be again shillipgs an ounce, and will
never vary below that price. The exchanges
| will have stability, and from that day
trade will revive and the people have en-
| ployment. An international agreemen,
alone is necessary, for the reason that
France will nerer again resume her double
standard alone; were che to do 80, she would
rapidly loee her gold and be left with silver
onlv, the money which to-day Europe
| refutes to recognize"
Dead.
Iwa-Keeney worId.I
r-,ao- ,b,s ,an,;,r che oovan rorfh TIvrr