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Show Dollar Is World's Trade Mark ' 1 By Ira C. Tichenor rTTEL,EGRA PI 1 1C reports from New Vork show that the orrupation by allied troops of several (iermKii distriets h n preliminary rl-ove to collect the Mar indemnity failed to disturb the securities Jparket.s. the trend of which is governed principally at present by utile expected poor reMrt of big railroad coriMirutiuns. Somewhat strange, however, is the fiict that European market, gave no rtor evidence of ronrern over the new political situation than those of 4he I'nited State. Kven the ejthne markets were mronirrr. trlinfc -3eaterday advanriu? and recoverinR prarticalJy all of the 1ops Incurred cince the reiwration negot iationn were broken off with (irrnunv in london Thi inrreae wan in face of the fact that there has been an Increase within the past ffw days of RrfRlish "currf ny noie.'' or wartime pper monoy. ns .jas also the case in lYtinrp. j The note Is.-uph of various count ri-s, considered in ronne titn w.th th I ' "TihanRe situation, prove that t!ie task of rehahiiiiatlng the ctirrnLies tf i iie principal Kuropran nationi that t re Involved in the war will be ffr;tt. j ..ljhpy also pixe n reason for t hf t irt that the A merit an dollar, which ; ttiroijRhout miii'h of thi country's history and especially following the Civil J - wir occupied a lowly station among the urrencitB of I he nation), nuw .-tie only availatle "national currency. ' In this respect it has Bticcepded to ! ,tfie jtoMititm Ioiir occupied hy the Itriti.h pound sterlins j '2 ,n "mount of gold the I'nited Stairs now holds practically as muc h a All the other leading nations combined. While all the nations of the world 1 Increased the volume of their paper nirn n y during the war. only the United .ptates. Ureal Hrltain and Japan added to their sold supplies, but the Increase in America was hy far the prealfst. Previous to the war tireat Itritain stood fir.it in gold holdings, which j& to than equaled ,lhe amount of note circulation, and Jhe t'nited States Wt.- yiM-ond. with almtist 100 m.r ...m tfM i t,., .i.ta .....a, i- . -reversed. America now having nearly three times the sold holdings of (.real ."rilotn and a far larger percentage of gold to note circulation. f "'I the nations of the world, the United States alone Is on an actual "Trolil redemption basis, which fact has mnde the dollar ihe standard International Inter-national currency. |