0 the Editor of the "Nomrut-Citina DAILY News Sin—Those interested in. the value" of a commodity" mistakenly chosen by' China as" a" currency' might with advantage turn to trade statistics of British india for an explant io present low Price and prospective lower on 'An enormously adverse. balance necessarily causes India to sell uch silver to sotie for her present excessive imports. February' statis fies as cabled last_week show an alarming preponderance in. trade operating against silver's interests.
Without quoting a Tot of dreary figures to demonstrate above. point
rise in value except through the flow seams obvious that sliver cannot of trade; that is, the ebbstide in Tae ian and Chinese exports has to change very decidedly.
Despite." America's Pittmanie advices, there is no short cut. ailver's'revival, for the latter wil daly arrive as' the world's depression diminishes, possibly about. mid 1982, according fo a Lloyd's Bank review on the ultimate turn of the fide of the 1029-1991. universal slump.
Text read from the printed page and cleaned; old type leaves the occasional error.