Abstract

Silver in the World Market

Crowell, John Franklin | March 20, 1920 issue

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Silver, during the past few years, has run the gamut of appreciation from the lowest to the highest price of modern record. In fact, in certain divisions of the international exchange situation silver is dominating gold, as in the pouring of the yellow metal into India and China to relieve the world-wide drain on silver. Silver, in the world's economic life, has two distinct jobs. It is both a commodity and a currency. Mined in America, its main destination is Asia. Asia, beloved of silver, has a population of at least 800,000,000 people.

See Also:

SILVER; INTERNATIONAL trade; FOREIGN exchange; INTERNATIONAL economic relations; NORTH America; ASIA
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