The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-12-19

e
ibis was an excess Of 265.s27. IL over the total
iof the corresponding week last year. The holi-
day Trade has been very active the past week
and promises to be good until after New Years.
me local money market has developed nothing
OF special interest during the week, but the
prospects are very favorable to an abundance of
easy money from this time forward TO meet all
the legitimate demands of trade
discussing the probable outcome OF the silver
conferences and the effect on this country of its
becoming single gold standard nation. Henry
Cews, the great all street fnancier, in his last
financial review, says:
Inc silver question il viewed as possessing an
Importance perhaps equal TO that OF all tho
aforementioned factors combined. But it has
so long been the subject of consideration that
nnanciai leaders can hardly be taken by sur
PRISE Al Whatever may come out OF IT. Few
van street men, perhaps, have expected that
auytnlng really important would result from
the International conference. except demon
stration that no sound international settlement
Oh tne problem could be hoped for out of such a
would OF course be a mis- fortune of the deepest
Importance; but there is no disposition to re-
gard the United States as likely TO be the most
seriously suffering party in that event To us,
the hnal abandonment of the hope, for pro-
ionged time at least OF establishing information
al pi-metaliIsm would mean that we must but
stop the ADDITION OF silver coin or silver notes 10
our currency system, If not that We must also
get RIO OF portion of our silver money-that, in
snort, We must commence 70 take steps in the
direction OF becoming a gold-standari nation.
at does not strike anybody, except a few
mira silver men, as very serious misfortune.
III might do so il there were any serious doubt
ABOUT our being able to conform our currency
arrangements TO such neces sity with compar-
alive ease. But, rightly wrongly, not one
nnancier in ten has any doubt about our stock
OF god suhcIng to keep our present holdings of
slver money from depreciation in its homo use.
we are larger and richer nation than France,
put our stock OF silver is far from equaling the
french stock. France, however, has expert
enceo no change in the current value OF her sill
yer and Is not likely to do so even If silver
should fall still lower; why should the United
states be less secure in this matter than France?
Nor IL there anything to be apprehended from
the popular bugaboo OF scarcity of money in
case OF our abandoning silver; for any required
substitute for the gradual increase in the vol
unle oil the currency that is now provided
through silver could be, with entire safety. pro.
vided by relaxing some of the restraints upon
the issue OF national bank notes.
The assuring feature in this problem is that
within late months opinion, both public and
legislative, has undergone such thorough
change that there would be little difficulty III
securing the enactment of these protective
measures. Within the first week of the sitting
OF congress, one bill has been introduced in the
senate and another in the house providing for
the early and complete abandonment OF our past
silver policy, and the silver faction now finds
fewer influential opponents at Washington.
Coal shipments have been heavier than usual
during the week, the total being 7,474 tons. The
following aIs tonE