Show WORLDS WORLD'S SECURITIES AND MONEY The stati statisticians prepare some fig fig- tires ures Mr Conant in iii the current Atlantic Monthly estimates that the visible standing outstanding securities is b issued issued is- is sued b by American merican corporations aggregate the tremendous tre tre- tre sum uni of and when there is deducted from this this- the property which will naturally be Le put putdown down fn in other computations it leaves as legitimate legitimate mate securities or al about ut one fifth of all the property of the United States Stales which is believed believed be be- to be a good deal Ical within the truth The markot market mar mar- ket kot values of or these thre stocks and bonds do 10 not flOt materially materially mate mate- vary from the par value The largest holdings are ore in the following order Steam railroads i manufactures 5 count county and municipal bonds while street railways foot loot up It 11 t is estimated that about 45 per cent of the wealth of Great Britain is in securities about 40 per cent of the tho wealth of France a about bout 2 25 per cent of the wealth of Germany man and from 2 23 to 10 25 per cent of the tho wealth of the United States Stales Mr rr Conant estimates that interest t and divi dividends ends paid on such uch securities amount Ii to a a. sum equal to the entire gold money stock of the tho world as late as 1892 and about equal to two thirds of the present stock of gold As that stock has double doubled dou dou- bled ble in iti our nur within the p past east st fifteen years it will c be he seen that as the gold has increased the corporations corporations cor cor- have ha increased in increased ratio and were running nning beyond the capacity of the world t to tl keep pace pace with them when the great jolt came caine last sumi sum sum- J i mer er er It s seems ema reasonably certain that just now the world could dispose pose rl readily adil of the thc worlds world's sil silver sile e l' l lI I product were wei-e it all alJ held as money moner It is true that China is famishing for silver Sil India is always Is Jag for it and right now the outside cities and manufacturing manufacturing manufacturing man man- centers of Germany German arc besieging the German bank for silver ilver money to pay wages of em em- If the congress of the United States would use silver as money and fix lix its rat rate be he paid out an and received at 1 per pel ounce and order that the mints be he set at work at their full e capacity in coining coining coin coin- jn ing silver the price of silver would be 1 pei per er ounce mince all round rO this world day clay nOel after tomorrow morning The whole world needs it our own country needs all th that t it can get an and l there is not another country inthe in inthe L the thc world except Mexico that does docs not need it more than OUIS OUI'S ours s while in the orient fo for the want of it the trade of the whole great empire languishes |