Show RESUMED SPECIE PAYMENTS chile Is now on oil P a coin basis of 44 to 1 Washl june 3 senor don carna cams the new chilean minister has received the telegram tele cram to chilone Mir liter it Is 1 I 1 wry r v gra Bratly 1 11 y ig gw 10 nio 1716 to info inform tn you that after r seventeen on yearn ear of tile tho ri girne of paper 1 1 ar money 1 chile all hau returned with Is a a and d to tho the old I 1 Bl anIan I 1 it T thu liw law lo in ill hi force I 1 i I 1 11 huster ei 0 finance kl nance T the h ir P ion of liebic payments by y daffa chile 1 01 which 1 ach occurred on list last sat sal biday L promises to furnish sonic some interesting tl lemons on 0 I 1 legislation 1 leport f 3 ir from 1 kliore ii 0 re s betito t L t 0 t that the government tried red to mill arize the people cap with mh tho bel new to forma of silver and gold coin by getting out a preliminary braue those were quickly for thoa the old d paper money y but as coon boon as the novelty had worn off elf the people were I 1 clad to lo fro co back to the more convenient rare form n at 0 pr aper per burrene cu carr rrene eRcy another embarrassment occurred ihen ban the government found that tho the coln coin 1 was as being exported tn in great quantities the specie payment law the ratio the metals at 41 1 to 1 this ignored tin the current ratio of 0 the arld rl d t that h a t ti in i th the e L london 0 n d n 1 J c at t the h e present r s e n t ti ilnia rr le b boinoff on g S 31 1 t to 0 1 anak aa e i c a r re et ault ot of this difference gold bullion began to now flow out cut tit of chile tile salv silver r coin wore were also alao tile tho law that they should contain conta in of pure aliven thus both vol rod 11 und and sliver silver were being drained out fit chile so that the government ordered the ants to star atop further furll nr col coinage nuge under the now new law jaw the mints be 7 all last saturday and there la Is much in as to what nhat will be tile result of this lat last stop |