OCR Text |
Show SIM HI AMI IIMAIUL. Till New York Tribune, ashorttlme ago, had tho following Jn relation to silver. Much current flow plaint Is doubtlem duo to the fU tbat prlcos aro low, the range of J00 coniinodlller being about 13 por cuit, lower than a yiar ago, when tho uirects of the abort crop of IStK) woro most Mt." That Is, silver btlng a commodity like all otberaof the klud, it Is surject to market fluctuations. In rly to thU the Han Francisco ihroniafe asks If It Is fair to require a produrrrwho borrowed $1000 lait year, to pay It back this year In got 1. The commodity produced by the debtor declined de-clined lusclllng prlc H percent ; not brca.Mt-what he rex luce J has been produced IntXiefU, or beoatiso It v irieduced more cbeujly, lut simply bt-cauto the scarcity of gold and thu legislation making It the oul legal tundir mouey ha- Increased Its purchasing pur-chasing power. The producer U thus compelled to fy IS per rent, more tliau he would have le.u called on to I ay If tho i urrency were bimetallic. The CArontete further iaj. "Hut It Is bardlx nocesnary to draw upon the Tnbun for testimony to how that It ligoldttmtlslnoreailugln taltie and not iIIvit docllnlng Tbo ex orlonce of crnlurlis provts tbat uu tor tbo be lueUUlo system there could U o been no serious dlsturbauc of the rstlotby pro- BBBfeittBBBBlBil dnrllon hat ot r ntotiipnrary It pleated to retrtrtt at hi eauu trdlLary u crcat" In prodiuiKir tlnka into iittlnn)'' tanv ty he aide of prorlout pnenom nul iita. Ilttween IrVV) an 1 liTO the a l.lol to Ha nock of gol 1 s,v1i.( dul only ryt ok.,wv3 rer, Thl . at excett of v t pru Jon i, ' ti.iMin lug t an .'l.ual a tag of Wi "!' "ftal tho end or li.e rlal ll e 'tltt of J Oim of duo ellrnr had not uitea4d a purler of a cent, the I neluh eon '.itrclil qooM-ni h-imc r tin an onneo In HIO and Ot J in 1C70. |