| OCR Text |
Show A GREAT OPPORTUNITY. Something ought to como out of the petition of China and Mexico to the United States to join with them to try to give a fixed value to silver. Right there this countiy has an opportunity to rnake an arrangement which will enable American snips to dominate the trade of the Pacific, which, will give her manufacturers and merchants first place in all the Orient and Spanish America. Our government has but to make an agreement that pure silver bars shall hold a certain ratio to gold in trade, that the future coinage ct silver shall be on that same ratio and then, on such terms as shall be just, loan or sell to China all the silver she wants, taking Ihe pay for the same in the rice, sugar, wool, tea and other products of China. China would quickly absorb all the product of both the American and Mexican mines and the trade with the Orient would be transformed in Ave years, for at present China is so destitute of money that all her working and creative forces are paralyzed. Such an arrangement would, within a year, cause every country of Europe either to clamor for a new international conference or to quietly accept the same ratio and adjust their business to it. It required thirty years to kill silver as money; that arrangement would practically restore it in a day, and the result would cause the commercial world to see, instantly, how shameful was the war upon the white metal and how fearful were the losses sustained through, that warfare. |
