Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1896-09-11
ENGLISH INVESTORS.
They sro Wondering why We do Not Se-
cure Foreign capital by Going to silver
Dasis.


They sro Wondering why wo do Not se-
cure Foreign Capltai by doing to "a silver
Dasis.
The United Statcs Investor, tho
most prominent and influential pnper
OF its class, having publication offices
ut Boston, New York aud Philndel-
phia, prints weekly financial letter
from London for the information of
its readers In the Investor for Mnrch
d. the London financial letter contains
matter of considerab bio interest TO
those who h2ve been studying the
situation in this country. The follow
ing, for Instance, is not only -.
ing to our readers, but will 'sltlohs
tonish those who nrc going
Ing to cover up tho plunderin
of the money power with tho "'ter q"
of sound" money; hday nigh
The American market reo,;,os Ly
little attention. except that
more & Ohio railway is caussays no wa
deal of anxiety to it's Engt if ho ha
holders, and, though repcn, ,ho n,
nnccs have beon given ''' 'NN
American management,
restors hnve not got oyer t,,;o ,r;l, "a,
the Santa Fe system OF bte Wa ''''
was arguing the matter o?er l0.
aecuritics n few days ago with MIR.
Lloyd, the editor of tho Statist There
is no financial writer In England who
has moro thorough knowledge of
American finance, and though he has
the greatest faith In the future of tho
United Stntcs ho contends that unttl
TINT country goes on to II purcly silver
hasis. or remodols the. currency lava.
English capital will not be sent TO
America"
Nowhere Is no news In tho informu-
tton that the operations of tho British
gold standard have wrecked tho Bnlti-
more ~ Ohio railway, ono of the finest
pieces of railroad property In the world,
but 1t is news, and very important mt
that, to he told that the editor of tho
Statist, of London, the leading flnnn-
cial journal of Grent Britain, declares
that English capital will not be sent
to America until tho United States
goes to silver basis, or remodels tho
currency laws.
Not very long ago the Statist wns
expressing surprise that tho United |
Stntcs did not open their mints To the
coinage of silver, md thus secure con-
troll of EngInnd's most profitable mnr-
lscts- The fact did not occur to MIR.
Lloyd that Great Britain, through tho
agency of tho Rothschilds and other !
prominent bankers, had secured con-
troll of the American government.
While the ngonts of the money power
nre going up md down the country !
trying to deceive the people with tho |
hypocritical phrase OF sound money"
md declaring that British capital will
not come TO this country unless our ,
financial System Is on the gold bnsis, !!
such financial students as the editor of |
the London Statist arc wondering why /
we do not secure British capital by 20.
ing to n silver basis.
AS matter of fact, tho silver stand '
nrd seems to hnvo great charms for .
British investors. Not 80 very lonR
ago the Rothschilds, of London, drew ,
$50, ,Ooo,0O of our precious gold-our !
Sound" money-exchnnged It for de-
prcciatcd Mexican dollars md invested ,
1t In Mexican industries.
We think the people nre coming to
understand tho full meaning of :
Sound" money us employed by the .
agents of the bondholdcrs and gold |
spectators II their experience dur
ing the past three years has not opened /
their eyes they deserve to be saddled !
with the robbcr system for another
term of years. Atlanta Constitution.