부산대학교 도서관

The rise in silver, which proceeded at a fairly headlong rate last week, is taking rank as one of the most curious war-time problems. Undoubtedly the driving influence behind this month's advance is the increase in Oriental trade activity during Europe's diversion of its energies to war, and the fact that, to settle Oriental exchange while drawing gold from the East of Europe has had no recourse left but to send huge quantities of silver. The price of silver is hardly likely to reach the "coinage parity," or to get very close to it. But the market has only to advance as much farther as it advanced in the fortnight past, in order to reach a point where the silver dollar would be worth more than 100 cents as bullion.