Speculation further complicates, the matter and a tremendous adverse effect is created in this country.
.As the value of gold increases, tremendous losses are suffered by the Government in the payment of foreign loans, since they have to be redeemed in gold.
2, The Customs revenue being ceolleeted in silver suffers losses "v3, Groat difficulty is experienced by the importers as well as the ex-Peng Since the modern industrial porters,
machinery and raw materials are imported, the rise in gold at once boosts the prices skyward, thus increasing the cost of production and making it difficult for the native products to compete with imported goods.
The fall of silver naturally increases the prices of commodities manufactured with imported materials and -causes an increase in {ithe livelihood of the people.
46, Losses on the exchange.
The unsettled condition of the commercial world creates panic on the market.
he above have a serious effect fon both the Government and the people and the whole situation pregnant with—dangerous possibilities. Regarding relief, measures, I would suggest that we classify them into three different Kinds provisional, preliminary and fundamental.
Text read from the printed page and cleaned; old type leaves the occasional error.
