Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1879-09-26
OUR WASHINGTON LETTER

hAStlNblON, ~. ", oept. lOJ 1919.
Ben Buffers three nominations already
and one or two to come do not appear to
discourage the Republicans of Massachu-
setts, a bit. In fact, they rather enjoy 1t.
Having nominated strong ticket upon
one of the best platforms ever constructed
they feel confident OF success, and are glad
OF the opportunity to bury the Democrats
and Ben Butler in the same grave. Massa.
chuaetts will have the most stalwalt and
hottest Republican campaign it has known
for many years, and the Republicans here
are in high feather over the prospect In
fact, they are jubilant over the prospect
all round which seems 10 grow brilliant us
time wears away. One thing tha; has
caused joy among Republicans is the
course oil President Hayes, who has made
some excellent speeches, briefly touching
national politics, aud having the right
ring. He like every other Republican has
evidently become convinced by late events =
that Cancellation only encourages the evil
spirit of the Confederate bulldozer, who
interpret mercy TO be weakness and cuncil-
iation to be cowardice. The President, MS
we'll at Sec'y. Sherman will have good
influence in Ohio, where the Ewing Dem.
ucracy appears to be going to pieces be.
fore the blows of the salwurt Republi-
cans.
Sec'y Sherman has written letter fa-
vorable to The proposed international
monetary conference, having for its text
currency based on bullion deposits" lie
thinks il would be OF great service in devel-
Oping opinions and preparing the way for
international commercial treaties by which
the relative values OF gold and silver may
he fixed, and in accordance with which
certificates OF deposit may be issued hy the
several concurring Nations to be used as
medium Of international commerce. Un-
der present arrangements the only practical
difficulties that arise are in fixing the rel
alive values OF the two metals, both OF
which are deemed necessary for coinage
and commercial exchanges. No doubt"
writes Sec'y Sherman, "the bullion certi.
licates of any nation OF established credit,
issued alone on the deposit Of bullion, to
be paid for its redemption, would be uni
versally received ~ cHrrent money in all
commercial transactions without being
made legal tender or affecting in any
way the local currency of any country.
An important enterprise is about 10 be
set on foot, which may result in great
good. For many years the foreign import
trade OF Brazil has been mainly in the
hands Of English and German merchants
The principal articles that Brazil imports
are cotton aud wooden fabrics -four lard
wrought and unwraught iron, wines Gnd
spurious liquors, agricultural implements
| AID machinery, hardware, petroleum, bis,
cults, coal, ice, boots aud shoes, hams aud
soap. The annual value Of the exports oi
Brazil to great Britain exceeds $50 900, 900
while her imports from the same country
amount to about S9S 100000. The expor
! tation Of coffee from Brazil to the United
SLples amounts annually to the sum of $36
600 900, while the total amount Of the ex
! ports To Brazil from the United States doe
not much exceed S5,000,000. This com
parisOn shows that in neatly all kinds o
manufactured goods Great Briian ha
C Immand Of the BRAZILIAN market Germa
NY coming next. IA The United Slatei
are the best cnsinmers of Brazil for he
staple prOdct (cUflee), while our exports Il
that country are limited 10 relativel,
small quantities 0f articles which We car
furnish cheaper and better than any Othe
| people, the Importance Of Ringing those IN
dustrial products 10 the knowledge OF ia,
brazilian merchants and their customer
Is too obvious 10 admit OF argument. A
plan llas been devised to have an exhibi
tion Of Americas products, manufacture,
aud natural, In Brazil for the information
OF merchants and others. This will en-
courage cl0ser commercial relations, an,
the Governments Of the two countrie
will ghally he induced TO aid In the estal
lishment Of better means OF communion
ton. Congress will probably discus
the subject Immediately upon meeting,
LEO.