Aug. 1.
It is not the immediate results of the nationalization of silver in the United States which will cause considerable anxiety, but the possibilities which such a step envisages. At the moment it is not to be expected that the taking possession of the silver in the country at the rate of 50.01 cents an ounce will do more than Stabilize the price at that figure, at a time when the price of the metal had already reached 49% cents. The action of the United States is probably best explained by Mr. Henry Morgenthau, Secretary to the Treasury, when
Text read from the printed page and cleaned; old type leaves the occasional error.