Show JAPANS GOLD STANDARD LAW LAV count rutsu rut qu secretary ot of the japanese legation lit in washington wa hing ton has furnished furni hed thed the philadelphia press art an official statement of the adoption by japan of the gold standard and moreo moreover er a history of the finances of japan for the past thirty bears the press precedes preceded the article with flaming headlines like this gives many ad Cui currency rency now firmly established on a a permanent and certain dasis basis broader scope of commerce trade with western nations greatly enhanced by the step it Is needless to say eay that the article says no such thing those were the conditions condl tlona eted by the men who he favored the measure bu but t they were stoutly dented denied by the appo opponents bents of it and count mutsu himself merely says that it Is an experiment the result of which must be waited tor for the decela deceiving headlines tire ore characteristic of goldbug gold bug newspapers they never have and apparently never will mill fairly state a proposition relating to gold and silver currency japan had been more or less vexed with her money system for or years since the putting down of the rebellion in and in ISM a commission wms was appointed to examine into tile the caties cati es of tho the fluctuations tuat ions lorus in tho the relative value of got dolfl and nil silver shot to lo upon the r ingul remail of theme aliens and Pec tilly na as to their effects upon the economic st ittia ins 1113 of elal n the c co om mm milon if I 1 on mits alto also inett meted instate 10 suite whether lit in their judg mont the depreciation of oiher r any changes lit in tile llie financial OL oc jahew A altar I 1 ter t lo 10 G yeam yara of bloc study tile ali rom coin mi midion lit in m amt 5 that thac matillo the iho gold old monann inello ertem wits eilly arld no doubt the hie hoists bt they lid tier not believe that coudal aona olin in in japan bad ciul as enot ct j iku abed e where tile it of kimt sypha tm could con dixs a gg geardel ardel ns its nn an alwo abio lulo luto notwithstanding tills this on tile the ard 3rd rd of 0 maich last the printe INT Inister count ahe J J knon kno of japan had prepared a bill 1111 to tile gold cold st standard and lit in Intro ducting it made a speech the points ot of M alch stated by count mutsu were verc after stating the changes in western nations and i to lo the preat great in denin devinity Ity already received anti and to be received from china as is fol follow looss a ey by tho the of the gold cold standard agian cipan M hlll ill avoid those tho se in tho irbell racca i of which now how from froin t lh ll 11 0 of an ni unstable currency the export trade or of tile I 1 he tille ivall to so benefited bec inso tile thi gold fold hlll ill Ines suro in is corn mercial aruns t with countries tuning hining a mytlene trado in general will ose a pe the th ovil of lount fluctuations in edcha F A allver country like janson guyt leiffer leif for kewilly from the iho of silver in kola ani it Us its filide mut be 1 nun hain perhaps crippled cripp ll by const cont contently antty antly rates of exchinger Fin finally nilly lot cuil couii L ii amia e alio llio e q butillon Qu eption tillon or of access to langei sto mores r es 0 of pi capital tm tho pro rpsa we ove have ma made do in ioe tern civilization iwa has imp imputed eted upon us its tho the nere newly new tilty lv of holding cloeo communication I 1 m on leation with the mackeis of tho iho coarl NIO v or id d fron from the above it Is clear that the andl reason aims as the controlling cont rolline ono one and it if that was ivas not supplied to the prime minister by lombard Jom bard str street a et then there Is ie no lie reasoning from effect back to cause the measure was fought gallantly in both houses of tile the japanese pat failla lia chent but it curried the argument against it wai the pointing to the unexampled prosperity and grol areat finds ibach japan has enjoyed duijn during the ilia past part few years but tho the gold bugs buga hod had captured both houses referring to the debate count mutee sam rays in many instances the discussion proceeded upon lines as far removed as mell ell could be from the real point at issue rt of the effect ot of the bill upon J japan a p a n ico count z lutsic says aay I 1 1 er or not nol 1 vleit mt bava dont V hlll ill tic prove ve to lo bo axi an solute souil c n 0 m 1 I 1 I 1 I 1 of 0 to ito in mccu it Is acid e of 1 it bo I 1 ridd that it would lie tillit m ucil fot ilo aih count co I 1 I 1 I 1 t u g i ita OP r lh if E 11 f hi i in lal r lly oo 00 0 pr I 1 1 os man cn illa with h n the it r c I 1 often t h the ilia new lit I 1 os hlll ii I 1 linao lip lupow on economic status at home and a abro bl road jid it lit in clrar clear from the above abe that ru has haa many misgivings the terms lerma ot of the law are na as hog has bean stated before that the empire ll 11 placed tin on a gold eow standard atan dard a weight ot of two fun un of 0 pure gold bold equal actual to grains Is to constitute tile tho unit ot of coinage and to 10 lit bi called a yen the poul gold yen Is reduced iTil urcil ins in weight 60 50 per tent tit malich makes the latto lallo between gold and silver 33 32 to 1 the law 1 iw 1 will III go into on the iret first ot of I 1 lie coming october |