The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1895-07-19
SOME SILVER MYSTERIES.

SOME SILVER MYsTERlEs.
III. Mexican ssl,..- Dei,.= "a woz.n Nor.
Than tt BdllA1n tsSA6sin Gold.
There are ~ niaay tdrious, .and per-
picking, eontradictions id silver that.
the subject is qne of Perennial inter
est. We are told, for instance, that
all silyer-standAN T14nfriSs ,or, more
accurately speaking countries in
which unlimited silver -eeinaee is the
rule, are on the verge, if ,notswell into
the abyss, of Bankruptcy; that, they,
are without Vcredit IN the msrle to Of.
the world; that labor-is paid starvation
rates, and that the necessities Of life
are held at praeticat1sa impossible
prices az tpufss. Hisis not even APP.
proximately true. but we are told so.
|and cuckoo orators and editors employ
these Munchapsenispazes. their stock
in trade in the contfovefay. We are
told, also, that In Nexieo one can ez.
change 81, Amsfiesh ilssF dslttS sfor
two MEXICAN siiteS dollars, ana nov
we have The Ginciapstig Semnsretal-
Gazette kravelS in fcrmtng ds that one
can enteFa Msxic6n rest1nrant, OBJ
tain an excellent dinner, pay with an
American silver dollar sad get a Mexi-
can silver dollar for change. Evident
ly this gives the lie 30 the ssatement
that the heeessities Of lie IRE e1trsva.
gantly expensive il Metie6, but that
makes no sort IL difference. The
cuckoos go on with their fairy, tales
just thesameTand galls by the thou
sand believe them.,tit as5d zEh
The latest, mystery, however, is
sprung Upon Lus through the medium
of special dispatch from the City of
Mexico to the New Yesk World; which
reads AS fellows: sEC L1s issC zsz5
"There is good inquiry from Europe
for the new 81 Per cent silver bonds.
Europe will take the entire issue.
These bonds, standing to-day at 60,
will make this>one Of the raoet success
full issues ever made By this govern
ment Bankers state that, the Euro
pean demand for all classes of silver
securities is growing. The rate of in
! terest is tempting; even3 per cent in
J ternal bonds, payable in silver, yield
ing per cent. at shs present Quotation
in Europe. Many American investors
are here, and large amount of Amer
| lean capital is going into tropical plan
\ tations.'' -. -...s .--y-.-s-
It appears; therefore, that bank
| rupt and discredited country is about
| to issue bonds payable in a worthless
metal and that Europe is eagerly look
ing for the securities at 60 cents on the
dollar. They are only 3 per cent.
bonds, by the way, but they are sought
for with something that looks very
much like fervor. Furthermore, it ap-
pears that silver securities are in great
. favor with European capitalists, and,
finally, we have the astounding infor-
nation that large amounts of Ameri-
can capital are seeking investment in
Mexico-this unfortunate paupef coun-
try, impoverished by silver coinage.
Naturally, we do not expect. the
cuckoo and postmaster editors to ex-
plain. these contradictions. They never
explain. because they do not under
stand, anything connected with this
Question. They will go right along
manufacturing cheerful; fiction OF
working over old nonsense about silver
and silver countries, resting theft
minds while they cackle. Mexico will
continue to be their awful example of
the evils OF silver coinage land of
s1oth, s.agnatioR. and hopeless ruin
and they will harp upon it as long as
they can find a listener. But really,
some one, if only for the sake of COM
mon sense and Christian civilization,
ought to tell US how.sit happens that
Mexico can sell; silver bonds in Europe,
and how it is that American capitalists
can be induced to invest their Sound
money" in a country. SO irremedia bly,
bankrupt. What do. European bankers
want of Mexican silver dollars if those
dollars are debased and worthless, and
why should Americans sink their beau
tiful yellow wealth in investments that
\ we all know must be barren? .
Or has the World, too. gone to lying
about silver like cuckoo?-Washi ing.
ton Post.