Deseret Evening News | 1908-11-03 | Page 4 | Where Our Silver Goes

WHERE OUI SILVER GOBS GOLS Philadelphia Pl Press Prea China and India remain the leading customers of oC the tho sliver mines but both those Asiatic lands havo greatly cui their purchases in the thc past couple of years Just now tho bazaars of India are al perhaps the leading cus customers of silver in tho world Indias absorption of silver has been bc n ono of oC tho strange occurrences of tho pat past century to lo tho land landof landor of or tho Hindu and disappears just as gold at the tho rate of or over Oel a year Is now being swallowed up by b mankind Hard lard times and panics havo no In Influence fluence apparently upon tho yellow nor nO the ability of tho worM world to devour It I but they affect the white just as they do the tho red rd and metals Silver copper and Ind Iron Irn has become largely a thing of commerce Instead of 0 a money medium But since It is chiefly used us cd In tho arts and sciences silvers value nilo fluctuates rapidly as do other commodities when the demand increases or falls suddenly That Is why a general business de depression hurts hurt the thc price of silver sUver just justus us It does the value ot of copper and Iron