Show r SILVER AND THE ORIENTAL TRADE The Chronicle of San Francisco thinks it morally mor ally certain that the agitation of th the subject of silver il will b be he renewed and that the freer use oi silver sll r as money moner will wilI have ha respectful consideration in hi many quarters where twelve years ears ago an advocate advocate cate of of's silver vcr was regarded with undisguised con Con Con- on tempt It adds If we wc expect to increase our sales to those continents silver using countries I or even oven to continue to sell selI as HS we vc have hitherto sold it ii apparently will wilI be necessary to doso for silver The rhe Chi nicle conceals the fact t that the American Ameri can ships are arc going ot out t of San Francisco harbor to tl China and Japan without cargoes but it notices that J Japan is establishing steamship lines to South America and will wilI unquestionably outsell us there thera as ns in aU nil other neutral markets Then it quotes from Collector Stratton who the thc theother theother other da day stated that The Japanese T are buying American cotton shipping it through this port t I ID Japan manufacturing it there ther returning the thc clo clota l to this city paying the duty and c competing at nt present only to a small extent with America ml mills 11 s' s 0 Then the lie Chronicle copies from Moreton Frewen as ns follows follot's A few years Jears ago ngo when n a I I. I Chinese int wanted to buy bur English cloths he lie could COUIl bu buy gold exchange on London to pa pay for them at the rate oT ol 10 for 31 silver Now for the same 10 in goI gold he mus must t pay 77 ta tails tads ls a anti and d can Cull sell selI his cotton cloth for little if any auy more in iii silver than lie he could sell it for in silver in 1873 1 A Chr Chronicle correspondent writes In In 1873 I I the English sovereign was worth in China Chinn about 1 three At that lint time three paid paid for fur on one ou days day's wages for twenty five men mell Now the sovereign sovereign cr 80 eign is worth S 8 and the lie sovereign changed into the current silver of China Chum pays the wages wage for one lay day of sixt sixty nine ni Chinese There it is It is up against again t the American pepIe people peo pe pIe an and if they do not move mo quickly they the will find timid their trade with half the lie world ivorid destroyed |