AN INTERNATIONAL COIN

Dominion, Volume 10, Issue 2955, 15 December 1916, Page 21

AN INTERNATIONAL COIN

A SUGGESTION FROM AMERICA. .Tho following interesting suggestion is contained in the last circular to hand of Messrs. Clews and C 0.,. of New. York: —After, the war tho • world will bo a very different world from what it was before. Governments and their citizens will become Vastly more democratic and travel will bo moro general between the, people of the various nations, hence the. money for the convenience of travellers especially should be simplified instead of remaining so confusing and so difficult of understanding as it is now throughout Europe. 'Amcrica, England, and France ought to agree upon ono_ international coin at least, representing an equal amount and value in absolute gold, which will pass current in each nation alike; each country to have its own stamp wion all. they issue. If it worked well Janan, China, Russia, and other nations, if they so desired, could be admitted into the combination. This plan would make it easy for travellers going from one country to another. After tho war there will be more world intercourse and a universal standard would materially help travellers and do awav with the complications now caused by each country having its own coin money. It is also timely to suggest some other method of sottling our foreign trade balances than by the crude and.unnronomio tmVl shipments.