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Show 111 PESO ONDER SLIP SILVER COIN DROPS, CAUSING ADDITIONAL ALARM; GOVERNMENT GOV-ERNMENT IN DENIAL Luxury Trade Severely Affected; Controversy Con-troversy On Endurance Test; Organization Is To Investigate Investi-gate Slump Mexico City. The Mexican business world, where nerves are already on edge as a result of the economic boycott boy-cott called by adherents of the Roman Catholics" cause in the present religious reli-gious controversy, Tuesday felt additional addi-tional alarm at the continued slump of silver. Tuesday's silver exchange showed the silver peso reaching 4.20 per cent discount, as compared with Monday's 3.50 to 4 per cent. j Bankers, however, repeated their de- ! nials that the depreciation of the silver sil-ver peso, interms of tho gold peso, J has been caused by the boycott, which the Catholics hope will create a business busi-ness depression sufficiently acute to cause the government to modify its ! religious policy. Meanwhile, a government committee commit-tee of financial experts is completing its orginzation to investigate the economic econ-omic situation on the disordeVed exchange. ex-change. The boycott is continuing to reduce the luxury trade, the women's apparel trade and the motion picture theatre attendance in Mexico City. It is reported re-ported to be operating more severely in other portions of the republic, although al-though Mexico City is without anything any-thing even pretending tj represent accurately ac-curately general conditions elsewhere. |