The Kosciusko star. (Kosciusko, Miss.) 18??-1898, 1895-04-12
,,1,,&4s4,.& Observation-Disclosures
Az TO Silver Countries.
I 4ssT Y = ~.

L
:stbe finances and business of this
! were brought to silver
Sos;s. but. unfortunately, theory
:; u . most uncertain dependence
mon which to base an argument.
If il were possible to present an
object lesson in the face ofthe con
Iii J;iion Of such countries as use the
s;lver standard, something might
10 learned more reliable than the
teachings of theory. AS there are
sueh countries, it will be worth
while TO examine them.
OF course, there are China and
India. the great absorbers Of the
worlds silver; but they are among
the Oldest countries in the world,
and il would be most unfair to off
or them as examples Of what would
result to a new country full Of re-
sources like the United States, if
i should come to a silver basis.
II may be well to note, however,
that according to a statement pre-
pared by the Bureau of the Mint,
India with population of 2S7,-
OOO,O 900, has s950.000,00O of legal
tender silver and no legal-tender
cold. This gives 331 cents to each
head Of population, while wages
are onl, a few cents day. China,
with 4O3, 900, 900 people, is credit
ed with s725.000,000 of legal-ten-
der silver and no gold, giving to
each head of population $50 cents,
while wages are also only a few
cents day. AS matter of course,
in such countries the masses of
the people are extremely poor and
can furnish no criterion for any
state of affairs that might exist in
the United States, and those coun-
tries are merely mentioned in pass
ing
The coalitions are vastly differ
ent in Japan, which has taken on
all The characteristics Of European
civilization, and in it's recent war
with China has shown itself to be
one Of the most powerful Of the
modern nations. But Japan is not
silver country, like India and
China. On the contrary. it is on
gold basis, and has a good finan-
cial standing. 1t IS credited with
40,400,000 Of population, d.has
$50, 100000 Of gold, $4,000, 900 of
full legal.tender silver, and SIG
100000 of limited legal-tentler sill
yer. It's stock Of money is s2S "a
per head of population These
statistics read like those of a Eu-
ropean country. ="
But there are silver countries in
the New World, countries that are
rich in natural resources and have
furnished a vast deal of wealth to
the world The first of these is
Mexico. There is no more richly
endowed country on the globe.
The mountains of Mexico are filled
With silver, while gold is not lack
ing With fertile valleys and ev-
cry sort of climate, from temper
ate to tropic, there is scarcely any
agricultural product that is not
found there. Vast forests of ma
hogony, rubber, rosewood and
other trees Of like value are sources
of inexhaustihlo wealth, and. if
the native population is deficient
IN energy and enterprise, foreign
ers attracted by the liberal encour-
agemcnt offered py tie Govern
lnest, are Swarming in the country
to operate its industries.
according 10 the hgureS or Inc
Mint Bureau, Mexico, with "A pop
ulatlon of II 100000. has 5000,
oO0 Of gold and $50. 100000 of full
legal-tender silver, besides 2,000,-
Wo of III covered..paper money. All
these give per capita of S. of
wtalth. 1t is easy to see that the
people are poor. v hen it comes to
wages, there seems t. be no effica-
cy IN silver, for they are ve.y low.
In a volume issued on Mexico, by
The Bureau Of American Republics
AZ Washington, July. 1891, pages
lug and 107, y table of the daily
wages of all sorts of laborers, skill.
ed and unskilled, is given. and the
ag"res range from 81 IL cents to
common laborers up to $50 cents
10 mechanics. There are some fig.
ares that are higher, such as 81 IS
10 machinists, - to printers and
CO8Chm ma r ORC aud hlsok so y