Government Asked to Impose Restrictions Suggesting that the National Gov-lornment should take steps to prevent foreign merchants. from es. fablishing factories in China "and an order should be is this fect, the Chinese Fae Ore Ows London, Dar, 10, 'A. most interesting memorandum jon silver has been given me by Mr. Philip A. Wilkins, of the well. known bullion-roking firm JSharps and Wilkins. It was written it. Wilking at the time when the decline of silver to 12d, per' Jounce drove the banks that chiefly Jdeal in China exchange and the leading China firms here into consultation with the Treasury owing to a widespread fear that a crisis must result in China. Mr. Wilkins' memorandum has been sent to the Treasury and. other Government! Departments. The writer has no personal interest in silver is neither: Bull nor bear, and as he has follow-fed siver for' years hig views on the question are of particular interest, conversation los way duties thet the pos:
of an international con-Even if agreed upon, he said, it would take months to' get under weigh. Whereas a remedy is needed now, Mr. Wilkins was inclined to think that the new confidence in India, born of the agreement with Gandhi, fand the cessation of civil war in China would help to a natural recovery. in the price of silver. This view is generally held, and. certain ly during the past week the ter of prices has been upward, On the other uncart ties which might be removed (these are dealt with farther below) continu weigh upon the whole silver feat a healthy king takes. 2, "ageing ioo so ca of ote feot silver" at w
reve wr the abnormal, years efere he var and thie "it TO10-21, "vith the world production 280,000,000" ounces" bought na wilting by. India and {ng over the monet and the gener Government elarnally hang: tion subjects, but Of course the SStprising taat_ the octo Government ave interpreted fu. chs vat Mr, Wilkins draws attention to the fact that dwing the Round Table-Conference. ud reference. a penta to have, been made tothe was reported—"although it must Guestion of silver—certainly none
Rave been known that this was full of the. moat vital ance to India and China."
"Evidence and advice in the 1926
Text read from the printed page and cleaned; old type leaves the occasional error.