19 DECEMBER 1863, Page 3

The Times publishes some remarkable statements on the coming and

much needed increase in the supply of silver. The yield in California is increasing ; a new silver region of a hundred miles by forty has been discovered in the Argentine Republic, at the foot of the Andes, and St. Arnaud, in Victoria, is described by miners working there as "a silver Cornwall." The depreciation in the value of silver is, therefore, likely to keep pace with that in gold, though it will be more quickly checked, as the margin of profit to the miner is considerably less.