The Caucasian. (Clinton, N.C.) 188?-1913, 1892-11-17
The SILVER QUESTION.
II Ii Cannet be adjusted Save
Through Calamity, Then Vel.
Gene Calamity.
ErihNno, sait Lake, Utah.

l. Austria is now entering Oh gold
STANDARD currency. The banks Of
En- gland, France and Germany sre
stfang+ heaing their gold reserves.
L, q, IN the British iEnrpife, pu Bile
fo.sif1ion is directed toward the clos
{ ny Of the mints to tEe'free- ca,naae
of siIEsar. fl fiolland's. Fast India
possessiofs The government has al
|lsady closed its nints to free. silver
F-asasnaga,.ands it:Is said. With sa.i4-
ess ~ ttss ttssi ESsg,Fz- i'le ladl2. Es,Istt-
-asscciatis,!s,, abody reprtsen ting
ths issiitsstacsTit::ie- interests Of Britisl.
ilidia, proposes haiti governments
SShl1L not only stop free silver coin
bage, but. sell oplY rupees cnly "a &
ssttF'agG. s,l.. gold at 4 hxed rate of
|'sss l,ss.ea And. he article closes with
i.;Tfsio tsstiou Il rom. BradsFFeatAy lhae;
fffa Che. Fhq e the Foreign eiess, al d
pkaftlEaiaIiv the tinahcigl part of it.
j BE- aeGeepted as correctly representing
HE opinion; OF those who sill de
|, .,ctas the action or the International
1asaetary eenfaie..,;e, nothing Of a
I1ffa:algia,ie nat0re need be expected
4 iS5tiliiit hat gathering.
10 gagin witi5; Bradstreets, /, IL
ssSHes sssAgs: el..99aSA y Keep in mind, has al
II::Hays been an organ Of the goldite5
What little it could do to brea |;
I:t}owif silver has been doue by it Re
gardiag Austria, it is tr,;G She IS NOV.
Ing for 2, goi,, standard, but she is
exceedingly anxious to have the sill
yer matter adjusted SO that the tvY
metals shall circulate aide tx side.
.:No aGRht tbs banks Of En- ngland,
fFfaaee aud Germany are strength
ening their gold reserves; that is true
becanSe they are afraid of what may
happen, especially the Raak of Eng
land. Its President frankly says
there is not enough gold in the
world to do this worlds business
and the exChaneellor ef HE Ex-
Eehequer, ME. huschen, said year
| and a half ago, that the failure OF
| the Barings revealed the fact that
except for the extraordinary ability
displayed by the president of the
Bank of England IN that crisis~ex-
cept his ahlltg IA hr4w frotn Franco
Iai.l Prom hussia some ten millions il,
fgold-the Bank of England would
have been made bankrupt aud tht
commercial center of the world ra
! moved from LQuaQn
/, As tq Tie india Currency Associa
| ton, thai same association is no
fairly reported, IN their den.ano
/ they guye the alternative that the
government shall place India cur
/ frency on a gold basis shall do Some
thing to restore the rupee to its old
yalae. 1t was the demana Ut tha
| association, and the trouble in India
in addition 70 the ringing protest o
"a mighty free silver party il Eng
| iard .:ss:i;iSt the present state of af
fairs, that caused Lord Salisbur,
AMI Go3chen 10 agree 20 the confer
/ ence; and that Mr. Gladstone. jus
coming into power. wit!s all HI
! CID foggy nat'oass opposes the mat
ttcr, d4ts Ios enan5e The posSibilitie
Eof ilo Conference at ali: and when b
talh abolj England being s.h!2 Il
! ha:;eile lts own tiuaHpaS, &c talks n
on, i.u i: GOT familiar with all tn
p.r-.ure which is being pat upoi
| tfe=@. "::lo have the government Ii
-ne.lccs Of ts:,t rcaim in charge. "
shall see hoa b ;rca5s midas dc
manleither for The rest ,r;sjion ofsilSf
the establishing Of q g4.d Standard
in that4c6uatrY.
/ In the meantIme Y;ttgtS are de-
.Icreaslng. Ia the meantime Iii
Eshr eWde't fit.anciere cannot help ba
notice that not on : are values fall
Ing to the limit of endurance on tn
part of the people, but toa poin
where their securities are no longe
| safe. Already around thelr ears
I rim ging tl..e cry. ..Iou have scale
THE money of the world down oGe
| half; We propose to scale our debt
down one-half.f AS we, look upo
Hit, Mr.. Gladstonesis not a big enops
) man to-stand Up and Try TO stem th
tide which is sweeping in upon Ems
i land and her people from ever
corner IF the earth. The busines
i has reached a point where somethin
/, must be done. for silver, or it mu
lie repuiated as4 money altogethe
f kand the-wisest. .nlessl.ia England kno
fsif there were. to a.be such wref
j fthrous shdut the: British Empire
a was never dreafaeasiof before, Ill
! they dread it more than they wonl
-l-dreatl atlanroyerHhelHaing war.
a.es -
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