These views, which were express-the "Economist" in the light of "timely information from the United States" should be comforting to those who for one reason or another seem to be inclined to exaggerate the dangers that are alleged to threaten England's mot tary position, in consequence of a return to the gold standard. Som fear that if the decision to abrogate the present restriction on the free export of gold from England, be taken before we have accumulated ancial policy. Instead of producing inflation and boom and artificial prosperity, followed by reaction and ister, a8 some people seem to fear, the gold could be acquired by Government, out of funds borrow-fed at Home' and used to reduce external debt," the burden of which fon a debtor country is so much greater than the weight of, debt which it owes to its own citizens,
Text read from the printed page and cleaned; old type leaves the occasional error.