26 AUGUST 1893, Page 16

SILVER AND THE NATIONAL DEBT.

[TO THE EDITOR OF THE " SPEOTATOR."]

Srn,—Referring to Mr. J. J. Murphy's stipulation that in any alteration in the standard of value, provision should be made that money borrowed in gold should be repaid in the same coin, allow me to remind your readers that the National Debt was practically borrowed in silver, hence there would be no injustice in repaying it in silver if that metal should be made legal tender without limit—I am, -Sir, &o., A. N.