to Mr. Evarts.
London , August 5, 1879. (Received August 18.)
Sir: I have the honor to inclose herewith a statement respecting the amount of gold and silver coin and bullion and paper currency in Great Britain, transmitted to me by Lord Salisbury in answer to my note written in accordance with your instruction No. 296, of the 23d May last.
The statement gives—
The amount of gold and silver coin and bullion in the banks and in circulation at the close of the years 1876, 1877, and 1878.
The amount of outstanding paper currency to the latest date in each of the above-named years, in which returns are received by the British Government.
The amount of gold and silver coined, imported, and exported during the years 1876, 1877, and 1878.
With regard to the amount of gold and silver consumed in the arts and manufactures, Lord Salisbury regrets that there are no means of obtaining accurate statistics, but adds that the select committee of the House of Commons, which was appointed, in 1876, to inquire into the causes of the depreciation of silver, took considerable pains to investigate the question, and that the information on the subject contained in pages xlviii and xlix of the inclosed report appears to be the best which can be obtained.
I have, &c.,