To the Editor of the Sm,—Tho Pall Mall Gazette has not been hitherto regarded as any grest authority on financial matters; it might neverthe-Teas have been expected that, when it wrote about a subject like the depreciation of silver, it should have procured the services of a writer possessing a less superficial knowledge of it. The ignorance of this writer, however, shows how much at sea London journalists are on the subject. In order to' account for phenomena, the causes of which are close at hand, he
Text read from the printed page and cleaned; old type leaves the occasional error.