Show depreciation IS THE VALUE OF GOLD the political poli lical economics econom iss of england are ark discussing discussion dis die cussin g the question whether or no there la is a risk of depreciation in the value osgold of gold gola such auch as will revolutionize the business relations of society the times ii which sides with the depreciation lata iata bayt that the influx index of gold from abroad instead of being regard regards ed with joy is causes causey caup in in som quarters E f r th greatest alarm ath an annual production a of from fifty to futy f lt styve yve hive five za lail illions liong of dollars dorth forth of gid ald since isis over aad and above the tha arr ari launt taunt which was previously produced every year and which was found sufficient for the common seeds needs of commerce and manufacturer it is argued that gold cannot be kept at its present value mr cobden the leader of the Engli english sli political economise econom lse ise favors this thia op nion on the other bide side it ia argued that the country can easily absorb all the gold pro pio deuced which is not required for commercial purposes pu poses bat hut those wha who advance this belief do not seem tobe to be very tenacious of their opinion they rather hope than assert that bome bom process is at work to absorb the surplus of gold an I 1 prevent the stream of supply from r om becoming a destructive flood kag hag more laore ferrales fe than malia malea |