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Thames Advertiser, Volume XVII, Issue 5945, 16 December 1887, Page 2

An exchange says:—"So addicated haw we in New Zealand become to borrowing that people borrow to put the money on the totalisator," At the Bankers' Convention, held at Pittsburg' the correspondent of the New Fork Daiiy Tribune saya;-" The report of the committee on silver, which had beea offered earlier in the session and withdrawn was a?ain presented, The committee' eaid j '.' The* Bankers' Association has. always taken the ground that both silver and gold are required as the money of the world, but that o-i !y an international agreement on part cf a majority of the chief commercial mi tons of the world can praotioally settle the question of the relative value of gold and silver when coined; Though several international conferences, have heretofore been held, no conclusion has as yet been reached.' 1 The report refers to, the action taken by foreign Powen. and ooncludes with the recomendation that the coinage of silver dollars by the United States under' the Act o£ Congress of February, 1878, be suspended until the points at issue of the: silver quesi tion be settled by international agreement, The report as presented was adopted,"