Show 0 I IY Silver v I THE statement was ma made e in this column sometime some someI 1 I time ago that it would not come as a surprise surprise sur sur- prise considering the financial condition of many 9 of the European countries and the situation gen geri- generally gen in connection with the silv silver r market that the British government should make a suggestion that silver be by international agreement agreement agree agree- ment and the price of the white metal stabilized as asa asa a result of such an agreement Now comes the report that several British financiers have been in conference with government government govern govern govern- ment officials in Washington with the object of making ki g arrangements whereby silver might be adopted a i as a medium of exchange between the British empire and the United States I p Should this rep report rt prove to be c correct rr ct the movement movement merit might be regarded as the fist first step in inn n negotiations for an inter international agreement forthe for forthe forthe the of silv silver r. r There can be little tittle doubt doubt that at this time when 1 when yh n the United States is the greatest creditor naion n of the world and possesses a gold reserve of approximately and more than double that of f any other country any suggestion looking oking to an agreement for a double standard of df money oney would be e looked upon with disfavor by the government and by financial interests generally generally generally gen- gen of this country There is reason to believe even even should it i. i prove prove not true that England has lias started the movement move move- ment hinted at that the British government has placed itself in a position jn in respect to silver holdings that would place that country in what might prove to be a commanding position whenever when when- ever any suggestion for an n international double standard might be made y Belief generally is entertained that the British British Brit Brit- Brit Brit- ish ish government acquired much of the silver thrown town t own y overboard by Ge Germany many and several other European countries following the war war and that there has been a purpose purpose behind the movement of f t the e coterie of siR silver brokers er br brokers brokers- kers- kers of London in London in keeping down the price of silver in the world market ma ket while the United States government has sustained the market for domestic silver at 1 an ounce ti v i At At least the situation in connection with silk silver sil sil- k ver is quite interesting aside from any theories might be entertained in respect to a aI I double q ble st standard |