The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-11-19
Free silver and Prosperity of Mexico.

Dallas-Gaiveston News.
The News has a note Of inquiry from J.
T.. Poole OF Haskell. Tex in which he
incl0ses an extract from President Dlaz's
recent message and SAYS
It, together with other portions OF the
message, represents Mexico as in a very
prosperous condition. some railroads
building, many new ones chartered. irri-
CATION and other Industrial enterprises on
foot. current government expenses
promptly met. no new bonds old bonds
and floating Indebtedness being paid and
refunded at low rates Of interest govern
ment credit excellent. etc, Yet Mexico is
a free-sllver country on a silver basis and
seems 10 have no trouble in money mat
ters or in adjusting the balances Of her
foreign commerce How does the News or
any Of our gold standard friends harmon
ize this state Of facts I'm Mexico whose
resources are not d 1.-THE Of what ours
are. with the claim that free coinage Of
silver would bankrupt our government,
dcm0ralize our commerce and business.
and create the worst panic In our history
There Is no difficulty whatever in Mr..
Poole's questions. To begin with. there
can be no doubt in the mind Of any per-
son well informed regarding the actual
condition OF the great masses Of the peo-
pie Of Mexico and with President Diaz's
enterprising habit OF inviting investments
that the message is little more than a
highly colored document of a political
leader. who would encourage his people
and OF an enlightened ruler who would
invite the world 10 come forward ana in
vest II e not meant by this statement
that considerable Improvement is not go
ing on in Mexico. II Is not even meant
that there is not more money IN clrcula-
ton there than usual The people have
been trained 10 do on so little that half
the wages OF an American laborer would
. ~ az aee.A Aftesrf
can peon
Mexico Is on n free silver basis, and has
ALWAYS had silver for it's domestic stan
dard and unit Of value. Hence the Next
can people can pay debts contracted on a
silver basis in silver dollars and not IN
lure or lose their credit hv doing so. Not
50 with MS. our credit is worth a great
deal To nay in 50-cent silver dollars
debts on which we agreed TO pay ioo-ccnt
gold dollars would destroy this credit and
hiring down upon as all our Indebtedness
IN one crushing burden. The result would
be bankruptcy. panic and revolution.
The difference between this country and
Mexico IS that many Americans clanor
for repudiation: the tendency OF state leg
gs4etfon IS continually in favor Of the
debtor. property IS not carefully protect
Cd. Investments Ga some sections or the
country are not considered safe In MeXt-
CO the spirit - reputation is condemned
by public men. by the courts. ana py the
peonle the tendency ~ legislation there
is not against the creditor property Is
pretectcd. investments are studiousiy
cared for ny the AVS anf policy - TIRE
,,,,,-arou,snt u wil - found on inses
ttgatfo1 that the favorable conditions on
tovad nv the Mexican people are attribu-
tshle 20 the causes referred to, and
chiefly 10 the fact that Mexican polite
fans and voters are net clamorine for the
rriyilere of paving Off their gold dcots
with deprcclated silver dollars