Mr. Moreton Frewen has sent us the following notes of an interesting conversation at Budapest with MIN. Leon Raflulovich At the Budapest Agricultural Congress, the Russian Government was represented by its Minister of Agriculture and M. Raffalovich, the President of the Bank of Commerce at St. Petersburg. Leon Raffalovich is a leader in that brilliant group of financiers who have succeeded during the past. ten years, in bringing order out of chaos in the financial affairs of Russia, Where so many of his compatriots still hold the view that the best standard for Russia is not a metallic standard at all, but'a paper standard, together with that immense gold "reserve" on loan, as today in Paris, London, Frankfort, and Berlin, M. Raffalovich has always advised his Government. that Russia should join hands with the European assertors of bimetallism. The fact that M. Raffnlovich enjoys the confidence of the able Russi Finance Minister, M. de Witte, makes this interview, the publication of which he authorises, of very great interest to both parties in the United States, as also to our currency reformers the world over.
Text read from the printed page and cleaned; old type leaves the occasional error.