GERMANIA WINE CELLARS, Rheims and Hammondsport, N. Y. ed Champagne. ASK YOUR DEALER. T FLOATS cery At all grocery stores east of the Rocky Mountains two sizes of Ivory Soap are sold; one that costs five cents a cake, and a larger size. The larger cake is the more convenient and economical for laundry and general household use. If your Grocer is out of it, insist on his getting it for you. Eighty-second Year. Tros Tyriusque mihi nullo discrimine agetur. Vol. 163: No. 3. THE NORTH AMERICAN Re-established by A. THORNDIKE RICE and LLOYD BRYCE. EDITED BY DAVID A. MUNRO. September, 1896. FROM A SILVER TO A GOLD STANDARD ! By the Governor of British Honduras. . . 257 JOHN M. STAHL, 266 Secretary Farmers' National Congress of the United States. America's Duty to Americans in Turkey, The Rev. Dr. CYRUS HAMLIN, 276 Founder of Robert College, Constantinople. Woman's Battle in Great Britain. Prof. W. G. BLAIKIE, D.D. 282 THE LATE SESSION OF PARLIAMENT. By JUSTIN MCCARTHY, M. P. . 304 The Coming Struggle on the Nile ARTHUR SILVA WHITE 326 The Pay of College Women Neo-Malthusianism. . THE DUTY OF THE HOUR. I. By the Hon. WARNER MILLER. Stage Scenery and the Vitascope, GEORGE PARSONS LATHROP, LL.D. 377 The Truth About the Opium War. JOSEPH J. ALEXANDER, 381 Hon. Sec. Society for Suppression of the Opium Trade. Roman and Anglo-Saxon Criminal Jurisprudence, E. I. FELSENTHAL and the MEXICAN MINISTER 383 The following letter was printed conspicuously on the editorial page of a recent issue of The Sun, New York: A GOOD WORK ON MONEY. TO THE EDITOR OF THE SUN.-Sir: No subject is now of more vital interest to the people of the United States than the question of money, and opinion is divided upon it, in consequence solely of ignorance. To disseminate correct intelligence concerning it is, therefore, an imperative and patriotic duty. "The A B C of Money," published by the NORTH AMERICAN REVIEW a few years ago, is an admirable exposition of the subject. It is the most intelligible to common minds of any that ever came to my notice. It ought to be distributed gratuitously throughout the land as a campaign document. It deals in principles, and is easy to comprehend. It is not intended to confuse and bewilder, but to explain and convince. Bring it to the attention of the most influential friends of "sound money," that no time may be lost in reclaiming the mistaken disciples of the silver heresy from the snare that involves their destruction. Let them see their error and they will renounce it. Truly yours for the cause, GRAND RAPIDS Mich.. June 22. T. FOOTE. The article above referred to is published in the form of a pamphlet, and will be sent to any address in the United States or Canada, postage prepaid, on receipt of 12 cents. THE NORTH AMERICAN REVIEW PUBLISHING COMPANY, 3 EAST 14th STREET, NEW YORK. NORTH AMERICAN REVIEW. No. CCCCLXXVIII. SEPTEMBER, 1896. FROM A SILVER TO A GOLD STANDARD IN BRITISH HONDURAS. BY HIS EXCELLENCY, SIR ALFRED MOLONEY, K. C. M. G., GOVERNOR OF BRITISH HONDURAS. APPRECIATING that the financial transactions connected with a change of standard which is unique in the history of currency, and the consequences of such a new departure, must be of general interest and concern, I have ventured, with some hesitation, in response to an invitation with which I have been honored by THE NORTH AMERICAN REVIEW, to illustrate my experience of the substitution of gold for silver in the Colony of British Honduras. During the latter half of 1892 a feeling of popular concern manifested itself in the Colony in connection with the general condition of the silver market of the world and its local effect on exchange and trade, and in regard to the purchasing power of the dollar in that metal which had depreciated to such an extent that many were hit hard, particularly those dependent upon fixed incomes and wages. This concern assumed activity in the form of an earnest and enthusiastic movement in favor of a gold standard. The chief causes for the change advocated may be briefly summarized as the decline of the public credit, the instability of the value of the standard dollar as measured in terms of gold, with its alarming and embarrassing depreciation, the abnorVOL. CLXIII.-NO. 478. 17 Copyright, 1896, by THE NORTH AMERICAN REVIEW PUBLISHING COMPANY, All rights reserved, |