| Show THE ELECTRIC BUDGET Sensible Views on Silver From an English Financier Rough but Poetic Justice for a Kansas Kan-sas Slimlerer A Break in the Markets Through the Pacific War News An English Advocate of Silver LONDON May IA prominent English financier just returned from America in an interview upon the silver question today to-day stated that the real alleviation of existing distress is to support prices by bringing silver as of old to support its fellow metal in place of this the poor mans coin has been snatched from him by the gold buys who tell him that in demonetizing de-monetizing silver they have reduced prices anh he can therefore buy a cheap I loaf but he does not want a cheap loaf he wantehigh rages resulting from high 1 profits ami fhegeneral expansion of I credit and enterprise If prices are high and profits high labor in these wants will soon make good its title to the lions share but with profits at the vanishing point what is the position I Wages must come down Is the working man likely to believe without a lockout which will only aggravate the disaster that because prices are lower fifteen shillings will go as far as a pound did two years since I This silver question in the States will have to be dealt with next session and unless President Cleveland receives some encouragement from this side the sea silver sil-ver is doomed and a fresh crisis in prices will result There can be no doubt that the most powerful argument that can be advanced in favor bimetallisin is the I protection of prices it involves The great masses are interested in preventing the appreciation of gold and debts and the depreciation of everything else It is a matter of life and death with them It is the masses against the misers the workers against the noteshavers and money changers not only in the United States but all over the civilized world |
