OCR Text |
Show SILVER DROOPINQ. On Wednesday silver dropped to GO from tho quotntlon of G2V4 only tho day previous. So great n rail In sa Bliort n tlrao la only n mntter of n moment's wonder, and It Is not nt nil attribute. Mo to U" f'lvorlto return) of oastorn NllvcrphablBts overproduction. A, "ir is eoln5 mi between two gold nations, na-tions, no mntter what two nor where ilia contest is located, moans an ad-. ad-. vunco In tho prlco of every comnjo-illty comnjo-illty which wo produco nnd they or i-lther of them use: so It was with, tho whlto metal, Although Jnpin is on tho gold basis, sho novqrtholess ubps great qunntltles of silver; In fnct, it " I tho only money known to tho masses, mass-es, nud tho same In n moic ivatrlctoil sonso nppllos to Itussln. Naturally, tho breaking out ot war which nt the outset promised to bo qulto ns Ions as ' It has been, between thoso nations, guvo nn upwnrd Impetus to tho sil-or sil-or market and kept It up while tho I ' c-ontcst lasted; nuturnlly also, with tho i ' conclusion of peace, tho reaction sots I In nnd a fall occurs Immediately. Tho rail in thin case, wo take It, is purely Kjmpathctlc nnd spasmodic, In no huiiho reflecting nctual conditions, and 1 If this proves to bo correct, thcro Is , . no reason why Uio decline should bo I more pronounced; rather may wo look ' tor complete recovery so Boon ns tho ? Hurry. Tho point from which sliver S f&. leccded was low enough without rcr- 1 , f orenco to outsldo influeicfs; Inleod, I -j ' , we would all look with tho utmost I r "" complacency upon a much higher fig- 3 i ' ' - uro than has been recorded slnco de- 1 I ' luonctlzatlon. . |