Show The l believes INt Ui th the Panama I will til J have havo lit effect of ot necessitating the th of or to France J l nce The mont runs t This must l n l lo to Franco olid to Colombia and wh tho lie nl will Willmo c mo from frum IK Is a o auction l Ml Tho tI treasury dut cash Mh of of which C mo la hi on out d In tn which means that It I t la Is largely in III th this t liuis Iwi pg a not available balance of only oni III In the tho I atil fully lully is I regarded as liS a n minimum working bit In tuce ho ii should shou Id IdiOt Il b lit lie iyo 1110 Ut money to ti buy till out Iho hO Pan mt canal company of ot Franco must m st Ii h t drawn trout from tin till depository banks hanics dr tir I the Thu hl In lii making the Ih payment will thus lily Imy tin hll y sterling ng tinge it Ii checks ch ci drown against the tho public de ulti deposits posits In III the I he banks Tills This may not In tn an export of ur gold goot to tu that hence Pt t t I educe tIm the In tile the New N tt I money market hut but the trent nt stat of ot exchange and ril of or the tho foreign null Is Iii IJ such as os to mak auth probable sooner or later Inter nn an export exhort of Ut gold uld to lo th tM hitS l amount to tu be paid Ilal all to J |