New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-30
Adapted to every taste and need
Colgate's
TOILET SOAPS.

India s725 600 in China sssocoooo in Mckee Cen,
trail and South America. 81 5000" IN JapA :, M ~. ;s
is in use as token money or occupying tne aun1
position Of llmping bi-meaism IN the o'hei ,na
Of the world. The foregoing figures are al '0''"e'
values in our dollars
WHAT BECOMES OF THE SILVER?
. natural inquiry u.s. What becomes Of the silver
we ere producing? quote from an intervle"
with G. II. Gihson. prominent New ioih 80.
broker who has just returned from Lohooh. Il, o.t
Chicago Post" a god standard paper Vi '''e o'"
inst II talked with Sir Hector ~ hay, nen' III
Of the Arm doing the largest bullion business b
word. In rep, direct INJURY as IN 10 the cT market
in Europe stated his belief thS 6o Ihe ys r chares
ply IN Europe did not exceed iSVc1 py;,,sh Mint on
ToweI Hill tod me five years age that th1re was
no stock OF ye, bullion TO Wen away by every
steamer On inquiry Of one OF the h'gnes, ha
,he Of silver by ali OF the
great nations, including india ihT use ira there
rdlcuously small supply IN the market al any o''
lime .,,or IN tho United states last
wear was bullion value s4OOoo,00. and we expor,ei
bullion value, le7ls Thus there was a Of
our silver These the facts and TINS Is fn ne nde
alton before az We hs e me
sound few principles III, The rdn Sre f1s for
ho,s metals se rch for use as Where
the dearer is used exclusively for primary m9heiH; IL
is the one that Is hOardea Mnen own sTI rs s silver
was boarded by the plain people and was pro rd
forth them in time OF need COLO IS p' Inn
pa.y boarded by the rich to serve purpose IN h
ing the money market. boarding OF silver ny inc
people beneficial boarding OF gold Is an n a
The cause OF boarding in the two instances u uel
emit In the first instance 1t Is 10 serve na,urai
law in providing for the future; In the secohu m
stance it Is commercial motive affecting lnJur'-
ously the community. ,,..,s
This is one of the reasons why silver has aiwa! :
proven the most stable money. Gold is not reSuar
in production. l here hand the stenographeI a
table showing the production o, gold Tor the wou s
for the years 1919 10 1892 taken from page us
Coinage Laws and Statistics 1t VII be sen ,na
the world produced gold in the year 1875 IMAM
it has in any year since then Win nSrea ,s.rs
population and Increasing demand for GoIi. thert
has been no increase In the annual supply SIN
1853 II We go back 10 1s49 the table heretofore
introduced. the irregulari;y is more marked me
production OF the Two metals combined Is NOR
regular than either separately. and is SAFER TO IeN
on for a stable money measurememt OF ra,nI
than either could be separately Where Two meta AZ
are relied on for money. with the right OF me
debtor to pay in either IL the demand ,or money -
sufficient this demand regulates the cominerc,ni
value of the metals at the ratio nXed ny INV. IA"
Supply and demand affect tho value o. tines. me
the same as all other property. When the law Jaw
bestows the full function of money upon mes
metals II creates use for them that they uIn
no; before have. (Appause) A new use 10 Il"
article adds 10 its value