The Archive · 1920

Taels and Other Tales

To the Editor of the "Norru-Cama Ditty News."

Sir,—In your issue of 26th instant, you give prominence to an article on the Price of Silver" that makes one green with envy (for the space and not for the article), and provokes one into a wrangle upon this all important subject, not because one possesses the silver and is compelled to convey a correct idea to the world ith a view of maintaining its intrinsic value, but exactly on ae: count of the other way about.

Apparently your contributor seems to have been many decades in the Far East and haa lost all knowledge of European conditions connected with the financial efforts of the European populations to have a hold upon the precious metals. As far as I am able to imagine I cannot think of British and Continental inhabitants of their respective countries having hoarded silver as a saving commodity or investment. All misguided capitalists (to my way of thinking) are in the habit of investing their surplus moneys banks and government—institu. tions, and many such capitalists have found it out. to their cost how foolish they have been to do It is true that capitalists have been receiving and giving to each other costly presents in silver spoons and other such culinary implements, and silver tea kettle: (sometimes silvered only) that sang on the breakfast table of a morning on the occasion of a wedding, a birthday or other such misfortune, and—_ occasionally bought something for themselves in the way of sleeve links, studs, etc, or a silver watch, but I cannot remember having seen ladies wearing silver ornaments, except those of gipsy families somewhere in the East of Europe, also male gypsies who wore large silver buttons on their clothes. Of course, it cannot be denied that the very rich have always bought and used silver things for their own use, and these, for the moment, are out of consideration.

Text read from the printed page and cleaned; old type leaves the occasional error.

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