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THE SILVER QUESTION.

[Per Press Association.—Copyright.]

LONDON, September 17. Tho Governor of the Bank of England (Mr A. G. Sandeman) has informed Sir M. Hicks-Beach that the directors are willing to agree to arrangements that tho Bank should hold one-fifth of the reserve in silver provided that the French Mint reopens for the free coinage of silver and that tho prices of silver procurable and saleable are satisfactory. 'The Times' says that tho conditions named are almost prohibitive. The ' Standard' considers that the proposal is an absurd and mischievous one.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18970918.2.26

Bibliographic details

THE SILVER QUESTION., Issue 10423, 18 September 1897

Word Count
90

THE SILVER QUESTION. Issue 10423, 18 September 1897

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