Show IS CONDEMNED bank of england must not disturb its gold london papers commenting on the alleged proposal of the bank to maintain one ofle of ais reserve in silver are loud in their denunciation nuncia tion of the scheme and question the accuracy of the re port England unalterably for gold london sept 13 the times m ia financial article records the universal condemnation of the alleged proposal 0 the bank of england to maintain a fifth of the reserve in balver and says it was suggested eug rather than asserted that correspondent had only one end ol 01 the etory and that the bank had eiven its consent to condi ione euch as the establishment of bimetal eismin france and the united and a guarantee from the home government the bank should buffer no lose the daily news in its financial article baya it would not be worth discussing whether the bank of aou land bad reached euch a decision did not an uneasy feeling exist that wl known bimetallist members of tie government may have given the american delegates esome eort of an understanding on the subject it is not tor a moment believed that any radical tampering with the gold reserve is contemplated any concessions in the direr tion for the reopening of the indian mints are always understood to have been conditional on the establishment the dally herald ays the basil tp osal of the american deap gales appears to be the withdrawal ol 01 the half sovereign and the substitution of a sovereign in silver this may be plausible enough from the point of view of the but it would be a very questionable policy unless some substantial suo permanent recovery in the bilue of silver was apparent which is not the case if germany should cease malline the thaler s if france and the united states adopt bimetallism and if india reopen oa the mints then it might be within the province of the bank to meet the ot the american commissioners and but the instant the french government was to adopt bimetallism the ministry be overthrown the new gold discoveries and the fact that other nations are adopting the gold standard prove abundantly the wisdom of no froni the present beetem in thia country |