Show THE ORIENT AND SILVER william E curtis writing recently from japan to the chicago record said with regard to the use of silver in japan speaking as one who does not believe in silver money nor in unless it be universally adopted arid and all the nations of the earth agree to maintain the value of silver I 1 must nevertheless admit that it lg Is the uniform testimony Is of all concerned that the of the white metal by the repeal of the bland law in the united states and the suspension don of coinage in india was a great thing tor for japan A few theorists arguing from the standpoint of what hat ought to be instead of 0 what ha t is 19 insist that japan shall join england the latin union and tile the united states in an international agreement to maintain a certain parity between the metals but it Is by no means a popular idea they are arc college professors minority members of parliament idle men ell who think and read a great deal and do nothing and others who are entirely without practical experience or a knowledge of trade and industry most M 0 st of them have been educated in england englan d and got their financial notions from reading the times and the economist the solid wise men who are governing this empire say no let the debtors and the credi tois in europe and america fight it out Itle meantime antime we will saw wood the longor england holds to a single standard ta alir better twill bo be tor for japan we have rit ni foreign debt we owe owa nothing abroad therefore wo we do not have to buy gold to pay interest charges the import trade Is nearly all in the hands of foreigners and we dont care how ill high foreign manufactured merchandise Is ah cotton iron and flour will stay down in fit sympathy with silver and it would bo be a good thing if nothing but raw material ill were re imported into japan you will notice that india japan mexico and other silver countries are a e not only much more prosperous at present than the gold countries of europe but their domestic industries are greatly stimulated in fact financial and commercial depression Is almost universal except in the countries I 1 have mentioned where there Is nothing but silver money |