OCR Text |
Show The dispatch we reproduce below constitutes a lesBon on the silver question ques-tion of great value just at present. If the advance of a few centB per ounce is attended by results so satisfactory, what, might we ask, would be the result re-sult with entire remonetization and the old price? Wheie this advance has helped Mexico to a few thousands it would help the United States to the j extent of many millions, Lessons such I as this may be found daily, and were tf.ey driven home propetly, even the gold-sodden east would be compelled to "catch on" after while: City of Mexico, Mex., March 25. Tiie improvement in the price of silver has greatly stimulated the buying of foreign exchange during the week, and many large transactions have been niadc-by the banss on the United Slates and other foreign countries, the appearance being that exchange will continue to go dowD. There is apiobabilitv that the great plethora of $16,000 OiO in Mexican silver sil-ver now lying in tho banks of this capital cap-ital without use, would be releived by loans solicited, and that a decided stimulus will be given foreign trade generally. The feeling in Mex co is much better than some weeks ago, and already the outlook for a largely increased in-creased foreign trade is good. |