Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-09-11
ENGLISH INVESTORS.
Ihsy sre Wondering why We Do Not se-
cure Foreign SapItai by Going to "a silver
IiaHis-

They sre Wondering why We DO Not S--
cure Foreign Sapitai by Going to - silver
basis
The United States Investor. the
most prominent aud influential paper
of its class, having publication offices
ut Boston, New York aud Philndel-
phia. prints n weekly financial lotter
from London for the Information of
its readers. In the Investor for March
4, the London financial letter contains
matter of considera bio interest to
those who hQve been studying the
situation in this country. The follow
ing, for instance, is not only -.
ing to our readers, but will lsltlohs
toniSh those who are going
Ing To cover up tho plunderin
of the money power with the "''et 90
of sound" money: nday nigl
The American market rec, ,1o, las,
little attention. except that
more Il Ohio railway is caussays nc WI
deal of anxiety TO it's Engt If ho ha
holders, and, though repca, ..l,o ~
ances have been given '"0
American management,
Vestors have not got oyer t.o;o ,r;,l %,
the Santa Fe system OF DC
j was arguing the matter o9er ~.
securities a few days ago with MIR.
Lloyd, the editor of tho Statist There
Is no financial writer In England who
has more thorough knowledge of
American finance, and though he has
the greatest faith in the future of the
United Stntcs, he contends that untn
that country goes on 10 purely silver
basis. or remodols the. currency laws,
English capital will not be sent To
America"
Nowhere Is no news In the informn-
tion that the operations OF the British
gold standard have wrecked the Balti-
more ~ Ohio railway, one of the finest
pieces of railroad property in the world,
but IL Is news, and very important Mt
that, TO be told that the editor of the
Statist, of London. the leading dnan-
cial journal of Great Britain, declares
that English capital Will not be sent
TO America until the United States
goes To n silver basis, or remodels the
currency laws
Not very long ago the Statist was
expressing surprise that the United
States did not open their mints To the
coinage of silver, and thus secure con-
troll of Englnnd's most profitable mar
kets The fact did not occur to MIR.
Lloyd that Great Britain, through the
agency of tho Rothschilds and other
prominent bankers, had secured con-
troll of the American government
While the agents of the money power
are going up and down the country
trying to deceive the people with the
hypocritical phrase of sound money"
and declaring that British capital will
not come 10 this country unless our
financial system Is on the gold basis,
such financial students as the editor of
the London Statist are wondering why
we do not secure British capital by go-
ing to n silver basis.
AS n matter of fact, the silver stand
nrd seems 20 have great charms for
British investors. Not so very long
ago the Rothschilds, of London, drew
$50, 10000 OF our precious gold-our
sound" money-eXchnnged II for de-
prcciatcd Mexican dollars and invested
IL in Mexican industries.
We think the people are coming TO
understand tho full meaning OF
sound" money us employed by the
agents OF the bondholdcrs and gold
speculatorS IL their experience dur
ing the past three years has not opened
their eyes they deserve 10 be saddled
with the robbcr system for another
term OF years. Atlanta Constitution.