Mohave County miner., 1895-07-20

farmer tunE oi making profit of 100 per cent.
 1hird-A silver standard making man. ufacturing and agriculture very profitable, It encourages exports. An illustration can be seen in ihe expor, business Of Mexico. ln the year 1873 the to,al value Of all that coun,ry's exports was s3l ,O00,. 0OO, and it consisted slmoat exclusive,y Of silver and gold. In 1893 the value of the exports was $s7,0Oo. 900, and very little of it was gold or silver, nearly all of It being agricultural products.
 Fourth--The silver standard making ali enterprises prosperous, a great deal of foreign capital goes there for inv., tment, and the resources oi the country are he. ing rapidly developed. As the country grows more prosperous, schools, colleges and all the educating and refining insri tntions increase. and the country increas. es in intelligence, happiness and wealth. The opposite is true of the gold mono metallic countries.
 Probably as good an illustration of Mexico's prosperity as can be found is the condition of her railways. There is only one in the country in the hands of receiver. The balance are paying from six 10 ten per cent dividends on their stock, and they are constructing brsnche. and new lines on every side.
 Every good influence which the silver standard has in Mexico we would have in the United States. Give ns a silver standard as Mexico has. and our imports will decrease and our exports increase, ss they have in Mexico, so much that the balance of trade will far more than offset the s250 ,000, 900 per year which we musi send 10 meet interest on European in vestments. This, of course, IS providing European gold standard countries would not at once follow our example and throw open their minis to silver. This they would be forced 10 do in order 10 save their trade. England, France and Ger. many now export annually about $700,. 900 LOO m goods to silver standard coun tries, against $70, ,OO0, 900 from the United States. Every dollars worth of good. which these countries send there could be supplied by The United States, and the greater part wouli bs supplied oy this country if we adopted the silver standard. Every banker who under stands the partly of exchange bet~een countries will bear witness to the tru h of this latter st t.tement. Does any Sane man suppose ina, Europe would stand idly by and see this country rob her of $500, QUO 900 per year of exports 10 silver countries, of three or four hundred mil. lion 10 our own country. ss well ss se- ns get trade irom her in every other land? If the United States were to tbros open its nints to silver. and ny 50 d,ing could establish the silver standard, En rope would be forced To do the same. =.
 The only object of writin1 ahont or dis cussing this question is to arrive at th. tFuth-to determine what would he the probable effect Of adopting any policy Unfortunately very little of the discussion on the silver question is carried on ~rth the purpose vt sTnving at the truth. Passion, prejudice and xiliul faIslfcation control far too much of the discussion. In what ~e have written about the ef. feet of adopting free silver coinage, with out the aid uf foreign countries, ws have assumed that the opponents of ire. silver coinage were right in their claim that it would put this country on A silver mvno. metallic basIs. We have briefly outlined what the effect Of suc.I A silver standard would he. But we do not believe that adopting independent free coinage would or could possibly have the effect of put ting this country on a silver basis, at least for any length of time sufficient to | influence business either benefcially or injuriously. In the first place. were we to go to the silver basis, for reasons be- fore stated Europe would he forced to open it's minis 10 silver. But 1t might not put us on a silver basis, for the simple reason that the commercial posi. ton of the United States is so strong that if we open our hints to silver on a ratio of Is to l, all over the world silver will al once advance to that price, less cost of exchange. The reason why it will do that depends upon this truth, viz: the