| Show CRITICISM FROM THREAD NEEDLE STREET the governor of the bank of england is a very important and generally general lj a 11 very conservative authority in the financial world his hie views carry much weight as they ought lo 10 do aud it would be deemed the hight of temerity if nut not impudence for or any one of leafs jes experience and responsibility to venture to criticize his monetary suggestions nevertheless there ismor is more eor or less of this temerity or impudence ol 01 dally daily tap in the western american newspapers of the present time and li ii nis his worship will read his exchanges regularly his hia digestion digest los will be kept lu in a oun constant stant state ot of high activity while his intentions intention appear to be honorable his manner of faultfinding fault finding with and his general in the lae affairs of this country are becoming really obnoxious he not only aft wants ants us to know that british confidence in american securities was as seriously diminished by the venezuela message but he also waste wants us to know that he be does not approve of the popular reception the he message was accorded of course this Is in a great sorrow to us all but there seems to be no present way ot of correcting it Is at this late baie day then he finds cause for complaint in what he calls railway uee which however he be Is good enough to say day are not new elements of dib dibi truet rust but currency derangement is one ot of our grave crimea the ibe money modey question persistently refuses to stay settled and most gLIe grievous of all Is 18 the fact that thai your COn congress gless declines to insert the boru gold in its bonds which raises a doubt in the minus minds of the investor there ought to be consolation lor for the governor ol of the bank of Engl england ancl and for foreign capitalists generally in the tat tact fact that no one is forcing eliner american money or american bonds upon them hem if they do not like out our securities because of our sentiments they are not required to take ahm sentiment la Is one of the lost last things with which your bondholder his has to deal it rarely enter into hu his calculations at alls all he wants his in terest regularly and his bia principal at maturity and this no metter what american policy or sentiment has been be has baa always had on time so far ad aa government bonds are concerned M moreover moreover ore over he be has bae always had bad his big money modey in his bis favorite gold being la in this respect more humored than perhaps the strict letter ot of the bond required just juat what actual ground jae be has for complaint is therefore not clear and as to grumbling being one of his bis time honored traits and die attributes the fact does not make it any the less offensive or intolerable hla his money bags ought to receive his bis attention to the exclusion of all criticism ot of these who keep them so well filled |
