Mr. Henry Morgenthau has shown courage in confronting the intol-Jerable pertinacity of the silver interests. His action in taking a definite part in the protection of {the frane has earned for him support which may be useful i the latest move of the silver bloc" in the Senate. Apparently his clear suggestion that advocates of further silver purchases jate merely serving the speculator's Jconvenience has not caused a single blush to appear on the cheek of the Nevada champion. The time is rapidly approaching when the American Government may ask whether it should indefinitely permit [the national interest as a whole to fbe sacrificed for the benet of the silver group. On that point the brought Welwyn perilously within the grasp of suburbs, but it hae managed generally to' maintain its original tdeals and has not fallen to unresistingly a victim to the exploltae tion of the builder,
Text read from the printed page and cleaned; old type leaves the occasional error.