The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-04-18
SILVER AND BRITISH INVESTORS.
Information From . Reliable Source
Which May Cause Some Surprise.


Which May Cause Some Surprise.
The United States Investor, the most
prominent and influential paper of its
class, having publication offices at Bos-
ton, New York and Philadelphia, prints
q weekly financial letter from London
for the information of its readers In
The Investor for March the London
financial letter contains matter for con-
siderable interest to those who have been
studying the situation i'll this country.
The following. for instance, is not only
interesting 70 our readers, but will fairly
astonish those who are going about try
ing to cover up the plundering schemes
of the money power with tho cant term
Of "sound" money:
Tho American market receives very little
attention except that the Baltimore ind Ohio
railway is causing good deal of anxiety to its
English shareholders, and though repeated as
surances have been given out by the American
management English investors have not got
over the shock of the Santa Fc system of book
keeping. ! was arguing the matter OF Amcri-
can securities u few days ago with Mr.. Lloyd,
the editor of The Statist. There is no financial
writer III England who has more thorough
knowledge of American finance, and though ho
has the greatest faith in the future Of the
United States he contends that until that
country goes on % purely silver basis or
models the currency laws English capital will
not be sent TO America.
Now there is no news in the in
formation that tho operations Of the
British gold standard have wrecked the
Baltimore and Ohio railway, one of the
finest pieces of railroad property in the
world, but it is news. and very important
news at that, to be told that the editor
of The Statist Of London, tho leading
financial journal Of Great Britain, de-
clares that English capital will not be
sent to America until tho United States
goes to silver basis or remodels the
currency laws.
Not very long ago The Statist was ex-
pressing surprise that the United States
did not open its mints to the FREQ
coinage of silver and thus secure control
of England's most profitable markets
Tho fact did not occur to Mr.. Lloyd that
Great Britain, through the agency of
the Rothschilds and other prominent
bankers, had secured control of the
American government.
While the agents of the money power
are going up and down tho country try
idS ~ ucCci'o lilo pcOple WITH the nypO-
critical phrase of Sound" money, and
declaring that British capital will not
come to this country unless our finan-
cial system is on the gold basis, such
financial students us the editor of the
London Statist are wondering why we
do not secure British capital by going to
4 silver basis.
AS matter Of fact, tho silver stand
ard seems to have great charms for Brit
ish investors. No so very long ago the
Rothschilds of London drew $50, 00O,-
600 of our precious gold-our sound"
money-exchanged it for deprecated
Mexican dollars and invested it in Mex
lean industries.
We think the people are coming to
understand the full meaning of sound"
money as employed by the agents Of the
bondholders and gold spectators If
their experience during the past three
years has not opened their eyes. they de-
serve TO be saddled with the robber sys-
tenn for another term Of years. Atlanta
Constitution.