Show NOT KEEPING EVEN The Baltimore ore Sun speaking of the rush of American tourists to Europe admits it will tako take a n large Jarge part of the wheat crop that the United States will send to Europe this year to pay the tourists tourists' bill says sas there are only a comparatively few tourists from Europe who visit this country there is no financial compensation from that direction di- di I di-I and what with the fortunes that go from America to titled husbands across the water Europe gets a good part of its spending mope from Ironi lom Uncle Sam Nevertheless our shrewd and long-headed long uncle manages manages to lose nothing in the thelong thelong thelong long run r We Ve would woud like to see the Sun figure that out and give us us' the data from which it draws its con con- For several years ears past on the books the I United States has had an annual balance in its foreign trade of four hundred millions or more in i its favor But nut it is said that the dividends due foreign in investors in this country countr the int t paid by our corporations to the old country require annually to meet Then len our tourists spend going and coming and and- andin in Europe then we pay in iQ fares an and freights to foreign ships That makes altogether and that accounts for the fact that when the panic of 1907 came there wa war mch a woeful scarcity of mone money in New York that it was necessary necessary sary for the bankers there to issue clearing lious hous c Ct Cl for the government to come to their aid ak as far far as s possible and then a frantic rush to Europe to borrow a hundred millions more to tide over the disaster And so to thoughtful men a aw w little failure of the mines a failure of one crop of i t on and of wheat would result in a panic o ro roid widespread id ad hi n this country that would extend from ocean to ocean and ruin millions of people l The Theold old world nations tr try their heir best to hold within their possession all the gold they can get Our nation seems to o try to 0 send end away way all the gold itcan it h itcan can get and the need of a change in the financial system is certainly the need of the hour The dividends that go to Europe are all legitimate they fire are the l result of honest investments of foreigners foreigners for for- eigners in our country but lut the bonds sh should uld be called home and aud taken up by our own country and this we think could be done without injuring the credit of the country at all by bj increasing I g the volume of the paper money in the countr country r only have it in notes hotes to be paid after a term of years and have the interest and principal p pa payable ble in gold With these paper notes the nation could do ito ith e everyday business and no panic could take them out of circulation and in the meantime the gold could be deposited in the treasury and in national banks to be always on and to me met me-jt t emergencies and foreign settlements and nd the thear af ar aI which is upon our people more than half the time of disasters to come would pass away 8 Then we do not see why our president and congress seeing the condition of exchanges in the east do not move to call an assemblage of the representatives of the nations aC across oss the the se sea to meet with ours an ansi l fi fix a 3 value to silver as compared with gold That would regulate the exchanges in a moment m that would would reopen our foreign trade with the Orient it would greatly r reduce duce the difficulties in dealing with Spanish America it would enable the government to go ahead with works needed and stop this everlasting ing lug drain of gold out of the countr country because if it itis is is not stopped it will not be long until there w will vill ll come upon the country just what came in 1861 when all the gold fled out of sight and a new money money had to be creat created d through which the people could do business |