Abstract

The Week

June 10, 1880 issue

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The article presents information on political and economical developments in the U.S. The U.S. Congress passed the General Deficiency Appropriation Bill, after a characteristic wrestling with the silver problem in the country. In another development, bidders in Wall Street believe that the difference between the bullion value of the silver dollar and the gold dollar will show itself in the domestic markets within a year. To do this the foreign exchanges must rule against the U.S. to an extent sufficient to draw hence a large amount of gold.

See Also:

UNITED States -- Economic conditions; BILLS, Legislative; UNITED States. Congress; SECURITIES industry -- United States; INTERNATIONAL finance; FOREIGN exchange; UNITED States
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