Show circulation OF SILVER one good evidence that silver is gaining in the estimation of the commercial world is the fact that france is now withdrawing of her gold currency and in lieu thereof putting more silver in circulation the london economist has the following regarding the move instructions have been issued by the treasury to its agents to withdraw from circulation the cold pieces of five francs in fact they have already almost dl feared from the circulation they are disliked by the public as from their small size they are easily lost and for the same reason the loss in weight by friction is greater than in the career gold coin their entire withdrawal will enable the bank of france to put a greater number of 5 franc pieces in circulation cu although no such instructions have been publicly given with regard to gold ten franc coins it is probable that they havo also been quietly withdrawn for they have been rare for some time and if retained at the bank and treasury offices this may account for an increase of the gold reserve the public prefer silver five franc pieces and in spite of their wei glit to gold coin of less than 20 trances both metals are necessary in the money world and the of silver in the united states was a mistake that has been very apparent since the legislation on that point each metal has its relative sphere and when neither gets beyond this all works harmoniously As is the case in france gold can be coined in al together to small denominations fop practicable aoe and in the case of silver specie can be too large for ready service likewise in the matter of circulation if too much silver is placed on the market it is detrimental to the interests of gold and vice versa nothing but wise legislation can govern these matters |