Show After all the scheme broke down utterly ut-terly For months past England has bullion been buying American silver and coining it to send to the Straits Selllcment and to India at the rupee ratio established by the Indian Council I Coun-cil That Is about 1 to 22 That makes the ounce of silver worlh about 94 cents England has been buying it for from 61 to C4 cents She Is filling her possessions with it and will soon again I have a great trade with them What Is the United Stales doing She is makeshift halfdollar for discussing a I Philippines and talking big about I the trade thati Is > to be with China whl = h has no moneythe great acting I agency through which commerce is carried on In addition she Is about to I have an Indemnity of 200000000 fastened fast-ened upon her 1 What then are the prospects of a great commerce with that distressed country In the mEantimc gold Is accumulating so fast that capital is becoming frightened fright-ened lest It become so cheap that its I Interest will fall fearfully In value when measured by commodities In such a situation what would be the sensible thing to do It scorns to us It would be to establish the India ratio then to lend to China the indemnity money and 100000000 besides be-sides to start business with taking security se-curity on her custom receipts for the Interest and a sinking fund which in thirty years would wipe out the principal princi-pal |