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Show SOMK TUOK.il rs Ml uuesTKo. The dispatches tell us that Knglish financiers expect to see 000,000 of Knglish gold sent back to America this year to settle balances. The estimate suggests many thoughts. Tho How of gold toward America will be tho result of two causes acting in conjunction. One ii the necessity uuder which F.u-ropa F.u-ropa is placed of purchasing large quantities of breadstulTs from this country; the other is the change of balances bal-ances brought about by the increasing exports of the United State9 to ISuuth America under the reciprocity policy. Another thought is that the gold bugs, claim that our silvor law drives away gold is shown to be without foundation in fact, if our exports of gold had been brought about by our silver sil-ver legislation aud if there were large reserves of ailver in foreign countries waiting to find a market here, there would not now be any imports of gold, for the same influences in-fluences that had lod to the exportation ot the metal would be brought to bear to hold it in foreign hands, the Bilver being worked in to take its place iu settling set-tling the balances. The returning tide of gold simply knocks on the head all the arguments of the uouomutailists that were based upon tho outward movement. move-ment. Again, the thought occurs that this import of the precious niotal is not and w ill not be as large as it should be. The eastern papers are commenting on the fact that the prions of wheat and corn do not advance to such a figure as had been anticipated. The season is far advanced; a heavy export movement move-ment has been in progress, but prices remain re-main on a plane far below that which should characterize the market. There is some reason for this, and the people of this country should make it their business to lind out what it is. If they would give the subject careful study, they would discover that the price of their wheat is kept down because of the discount on silver and that this country is losing something like $75,-000,000 $75,-000,000 on the wheat exports of the year. If we had a free coinage law, making the price of bilver iu New York and London $1.20, wheat would be from thirty to tifty cents a bushel higher and our imports of gold would be increased in-creased to the amount represented by thu dilference. It is a great shame that our people should be deprived of such-a such-a large portion of tho pi'otiu that, they should secure from tho exceptional conditions of the year and that . the nation na-tion should miss the opportunity to draiu to itself the gold reserves of Euro Eu-ro no |
