To the Editor of the Norra-Cuixa Dalny News.
Sm,—Bimetallists will be interested to read the subjoined resolution passed by the International Agricultural Congress at Budapest; also the statistics appended showing the' decline in the exports of wheat from gold standard countries and the enormous increase in shipments from silver and paper using countries; if you will be good enough to find space for this information in your valuable columns. Tam, &e., H. K.
2nd November.
Budapest, 20th September, 1896.
'The undersigned mem! of the International Agricultural Congress at Budapest, desire to put on record the following facts (1) That during the three days' debate, not one speaker has denied that the depression in Agriculture results from the phenomenally low prices of all the products. of Agriculture. rency and agrarian issues, has been almost unanimously affirmed by the representatives of agriculture at this congress.
(B) That the great majority of the speakers, independently of their currency views, confirm the opinion of the leading agricultural authorities, that there is no over-production in cereals; and therefore the fall of prices cannot be referred to over-pro-
(4) That every Gold Monometallist speaker has admitted, that Bimetallism ould raise the price of agricultural pro-luce.
That no Gold Monometallist has used the argument, which used to prejudice the position of the Bimetallists, namely that the restoration of Silver to legal tender, is a device of indebted landowners, who wish to pay their creditors in a depreciated currency.
The undersigned are convinced that the existing crisis in agriculture can be arrested by an international settlement of the currency question, and they therefore are of opinion, that it is the first duty of the various Governments to ce-operate, without delay, so as to secure a settlement of the currency and exchange trouble.
(Sgd.)
Alphonse Allard, Director Central Agricultural Chamber, Belgium.
Text read from the printed page and cleaned; old type leaves the occasional error.