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Show Germany Declares Against Gold Alone. New York, January 6. There are signs in Germany of a formidable revolt against the domination of the gold standard. The debtors there, like the debtors here, have discovered that while their debts remain fixed at their original volume, the products of their industry are shrinking in value. The f armers especially, most of whom are carrying heavy mortgages upon their farms, feel the burden to be intolerable, and loudly demand relief. A petition on the subject from a congress of German farmers' has. already al-ready been Landed in to the German Chancellor Chan-cellor and to the Reichstag. Its language is as strong as any which has ever been used by the champions of silver in this country. It declares that the gold standard is grossly unjust to the debtors, making money dear and merchandise of all kinds correspondingly-cheap, correspondingly-cheap, and that it threatens ruin to German Ger-man agriculture which no protective duties can avert. It condemns the policy of waiting wait-ing for Great Britain to move in the matter, and pronounces the losses which the restoration restor-ation of silver would inflict on bondholders and moneylenders, trivial in comparison with those now suffered by the farming interest. in-terest. The Chancellor is said to be considering consid-ering the subject with anxiety, and action I on his part may soon be looked for. The New York Sun says: We recommend to those financiers who insist that this country coun-try should follow the example of England in the matter of a good currency, a closer study of the. British journals. - The London Times recently recalled attention to the fact that business in this country, in spite of its silvsr dollar, shows signs of revival, while the affairs of the United Kingdom, with all its gold, is just as bad as ever. |