Birmingham age-herald., 1895-05-16
GOLD AND SILVER MONEY, And Their Relations to Oriental
 and Occidental Labor. AMERICAN CONSUL JERNIGAN From Hisi Hsion in Shanghai Draws Some
 Parallel Lines. A ''lot OF COMPETING '0"0T'''s. T7 urrencies-The Appreciated and De- eciated About to Cause Serious ~ Labor Complications-Gro
 of Oriental Cotton Mills.
AMERICAN CONSUL JERNICAN
PIf c,E OF COMPETING CoNDlTIoNS.

Washing ton May 15.-Secretary Car lisle is receiving numerous invitations to deliver sound money speeches in vari- ous parts of the west and southwest, but on account of home business will be unable to accept any invitations other than those already announced. Among the cities from which invitations have been received are Cincinnati, O.; Chat tanooga, Tenn, Nashville, Tenn. Rus sellVille, Ky, and Lexington Ky.
 The department of state has received an interesting report from United States Consul General Thomas R. Jernigan of North Carolina. stationed at Shanghai, China, on our trade relations with that empire. Noting a falling off in the im- portations of domestic cotton from the United States as well as Great Britain, MT. Jerngan advances the opinion that the manufacture of cotton cloth by China and Japan is responsible for the decrease.
 In 1863 the first spinning mill was erected in Japan, with 5456 spindles; in 1883 there were sixteen mills with 43 TOO spindles and in 1893 there were forty six mills, with some 600, 900 spindles. The statistics regarding the industry in China have not been published, but a conservative estimate is that the end of this year will witness 900 spindes and 5000 looms, besides numerous cotton gins ready to operate in fifteen cotton mills.
 In Japan the mill owners pay from to 20 cents per day in silver for mill hands, while in the United States labor, he says gets paid in gold. Since 1894 $1 in gold has been equal to $2 of Japan silver, which makes it clear, according to his reasoning, that the mill owner in the United States is paying twice as much for labor as the Japanese.
 MT. Jernigan says that he does not wish to intimate that the price of labor in the United States should be regulated by the price of labor in oriental coun- tries, but unless some standard of in- ternational value for the payment of labor is agreed upon the products of the oriental laborers will become a danger ous rival to that of occidental laborers. Silver, he says, is used by one-half the world. and gold by. the other half and while wages in one part are paid in a depreciated currency and in the other half in appreciated currency a rivalry between the respective products of labor of each is encouraged, with the advant- age in the outset to the products of the laborers paid in depreciated currency, especially when the latter can supply his daily wants with such currency, which he willingly receives and remains con- tent herewith Such apparent advant- age is no longer offset by the superiority of the machinery heretofore employed in manufacturing, which was confined to the other half of the world now using gold
 The same machinery is now used in China and Japan as in other countries.
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