The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1894-03-01
THE SILVER QUESTION.
The Le5en-Araericsa States Musa
Have Relied,
Or sal exports ard vr.po-ts MIST Ceass.
Infpnsstt.e fer as@ico tn f'emons-
siros S.ycr Eeris,sc ia. Would
i:rIns. Rni.i In tE.:.t Country. :.

4
W.siusoTos, FEB. &c. : Important
md Interesting Information rs TO the
present aspect of tie international
| monetary question is derived from
Signor Romero, The Mexican minister
| 10 tie United states. IN response 70
! inquiries from representative CT the
United Press rceart::ay us Vp.uion OF
the published s.asam2a., that Ger.
uluny Eigians all franco we're about
to 't5;yc tic initiative, =. casing a new
mon :ary conference TO consider the
silver question. A.r. Romero said:
:! &c secraspry CT The ,reasu>'y OF tho
Mexican government ;ofcrile-s lie BY
personal letter ds.tci ,lanuar. 10
1891, int accor,iiue . private a6v!ces
the Ge,fI.,.I, government was leaning
tow:,r.i policy regarding silver which
wcnid Prove favorable TO THAT metal
ans: Hat ii was almost sarc that tho
international coaforeace woai;i con
veno aGa;r with letter chances OF ia
voraolr result,
Gas lcng 3, The United states or any
ot the commercial nelions OF Europe
tool, steps 10 .>romote the Interests oa
, silver. it leco.pes .hc Latina ncrtcan
paticus rsiiaG tnat metal as money To
keep i! TIC background anj follow the
lead .; others. But. II the Information
should Prove incorrect, tho situation %
state nsiuE silver IS money becomes
80 di.fic,:l: ti;st they vii; have to take
; tie Question INTO eaeir own hands and
come 10 so,nc coucles;an az iar rs they
arc aisle To do so vain . view TO pro- =
vent further dec.ire in the price ot sir
yer and 10 nwa.,e1l the interest o. tils
iiunrci.l wor..! ~ ;;.e subject.
~ IS likely ;aat aliao d; the nations
VIII crAvcnu q coaiercnoe 81 The atates
using Silver Us money among which all
the Eat:5.-.l,uoriean States will co in
Guided as well as tno eastern nations,
in ORDER 10 study the question and
cone 10 IN agreement, with q y.aw To
attaining the resa't,
"'rhi. is burning question, rot only
to Mexico, hat 10 ali the skier countries
OF the .:or,d It IS impossible tor HeH-
leo 10 .temonoti2a silver hccause that
would bring universal ruiu 10 rs, and
rather than accept srch an extreme
mca.u-c 80 ro:!M snalso up oar minds
TO depend upon or resources.
Fortunately, VIC cda pro3uce enough
agricultural articles OF All tic zcnes TO
supply CIR wants, and although cur
manufactures are yet cl1:de toe; would
receive great Impulse BY s!l,5 high price
OF exchange.
"Not only the debtor, bit tic cred
tor na ons would be materially affect
ell ~ toa further fall OF si.yar oecau.a
il TIE former are deprived Of tie means
of ray:ag stL.eir debts, he creditora
woGiA-Le tl,e t:ua1l' sutferers. THO COM
meyu ia nations OF Europe nrc more
particularly concerned in Tie question
1ccarsc DE ligl fricc .: o&e bangc,
or the difference between tho
Price CT silver and gold constitutes
erch great rcrntg to c;fo0ts q The
commodities 1f silver Countries w.i.ic.i
arc p,peirce5 Vt silver prices :.nd sold
On TIC gold markets al go'a prices. y,
Ills SO increase: tho !sricc OF for
cign manufactures that 10 creates
very great iuccnt.ec 10 develop home
industries. SO chat N!li.c increasing The
experts or silver countries "a god mar
ke55 the de preciation CT si..cr serious
~ cc;prics .hc exports Of Europe into
the s!ive" countries.
i.r. Romero Jews on this matter
arc shared IS Ike diplomatic repro"
sontatiYes Of other i.atin-5lnerican
countries. 1t is pointed out as q hope
full sign t;.at the German government
already b;s cc5nolission considering
the subject, over when ;!o secretary
CT the imperial treasury rrcsidea
Among ;he questions presented to TINT
commission were these OF keeping
stphie the price of silver and The best
basis FOR ~ agreement oi. nations Gu
the subject.
The change in tfe !.titute of Europe
. al natiocs, ii is sugGested, may lead
to tho discovery that the Latitl- Auleri-
can 0atoas arc considering thc etFccto
concerted efforts on their pare fox the
purpose OF 5:cfcntina siivc-. It has
been pointed out that slose countries
! ere getting .irei OF paying u per cent
,atero,t on thei: toit.s instead Of per
cent, and tha: tney nay determine
upon radical treasures 20 resist aoso-
llute:y . farther increase in the rafe Of
interest wh:ea woa,d bc caused ny
further fa!l Z. silver.