New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-09
TRADE AND FINANCE ABROAD.

Chlu l. modifying Il, monetary syster witch up 70
ihc present time h1, 10 bad upon that Of France
and 1, alyns itself TO Vie British ,yscm The pound
| sterling sovereign l. adopted b,sis. and
| the Gillian pound viii be- called dobinn." The
monetary unit viii be tho peso" the iDrti 81 tho
sterling doblOn. and valued ~ - > cents. Gold
| coins only viii H. recognized - legal tender and
silver !. to be- maintained only subsidiary money
| possessing legal value only the amount ~ -
| pesos. The law oricr, the Withdrawal and bhrnn;
| 90 paper money I'm circulation. l. viii he paid Tor
| hy tie proceeds Of % loan 81 ?Oo,ooO pounds; NJ
least. 4oooOooo pesos Of paper will be- pail IN that
manner. and the remainder viii De- employed In pur
chasing the gold and silver necessary Tor the colnne"
| Of the new currency
The port ~ Narcotics IN France. which T. Just
now I'm spite Of the statements ~ the municipality
| the prey Of a cholera Epidemic. has lccn benefited
| hy a vote OF the lite French Chamber. NnpD IN
| III created ufo much.nccd'd anew port OF the
famous Thoccan city, but 1t, growth mndc necessary
.iill further Improvements. m" -cnat" In, under
stood. Ike Tie Chamber That the port Of Mar.alrs
too small for the present commercial cNgrnccs
Of The greatest emporium Of French maritime trade.
| and. Notwithstanding the opposition Of W Buffet.
funds have been voted for 'hc enlargement Of the
barber This viii also prove beneficial 10 the gen.
cral sanitary condition Of that dty often visited.
account Of II, relations with the Leyaut and the
far East. by epidemic diseases, though not di'as-
ironS was the famous pest OF 1870.
In Italy they emulate the French In regard the
creation Of those Bourscs du Travail" Maisons
du Pcuplc." labor exchanges and peoples houses.
which spreading throughout Europe. and notably
In France and Peginm. 1t resolved AZ recent
cling held Turin. In the Labor Exchange.
the presidency Of rignor Martini 10 establish also
a Casa d Lavoro," or IAbor'> House which woud
be especially dedicated e. The interests of manual
laborers bat open also 10 other classes Of society
he ne VA rel fed I'm
a recent report Of the American Consul az Eucnos
Ayrcs. being British colony" courT-rdally
speaking seem, now 10 be looking in another dlrcc-
Iion concerning It, trade development and future.
From the statistic, Of imports aud exports Of that
republic during the first hall Of The present year. u,
compared with tie corresponding period in IoD..
IT appears that France increased her commerce
with Argentina by ~ per cent. The total value of
that comrcrc" amount, 10 -. jooO.D francs. while
England Is second with total Of 7looOOOO francs.
Portugal feels the necessity OF encouraging the de-.
vcopmcnt Of lis natural and industrial resources.
The Government has created Order Of Agricultural
and Industrial Merit. the "Ordem Civl de- Mcril0
Agrcoa lndu-rial,' similar 10 the order Of Agri.
cultural Merit founded lately in France upon the
Initiative Of VI. Mclnc. the "fr'nch Mckinney" In
Portugal The decorations 81 The order Will be- granted
natives aud foreigners who have rendered Special
services 10 the nations agriculture and Industry by
practical scientific works IN the useful exercise
In the order viii be- conferred september L. the
anniversary Of the birthday Of King Carlos.
The protective system which succeeded I'm France
TO the free trade system. applied In l-CO had on TIE
first OF this mcnih. been IN for a year and u
half and the results have proved highly satisfactory
10 the French people. though other countries may
complain Of The decrease 81 their exports 10 France
There not only the Increase Of prices predicted by
the traders. failed 10 matrriazc, hut prices are
not so high they were under free trade. Orlcal
statistics show that the importation of bccvcs from
the United states has fallen from G7G I'm I-gl 10
i2i In 1902 because II longer paid 10 send them
to ne French market. The price Of Lccf Ia, been
lower since the application 0f the protective system
From February 10 December. 1r92. the number Of
French sheep sold IN the Paris market was .,j- ~ l.
against I99.1s2 during the same period In the pre-
vions year Foreign sheep had nearly disappcrrri
and the price Of mutton had fallen from frame -
confines tn frame - ccntimcs. bread which sold
At 20 confines u kograrmc In leJI. has fallen to
~ ccntimcs in 1898. Wheat and rye -four are not
81 dear Us they under the free Trade svsf,m
The French people have not had 10 complain Of ny,
tcctoli thanks 10 which they have had during these