The Middleburgh post. [volume] (Middleburgh, Snyder Co., Pa.) 1883-1916, 1896-09-17
COSTOFLIvING ELSEWHERE
Some Facts Of Interest That
Should be Carefully Studied.
HOW PRICES ARE G0VERENED.

Those who so roundly denounce tho
bankers, especially those residing In Lon
don, should stop 10 think whether they
would not bc more In the bankers power
than eyer II free silver ruled tho day. Let
US see. The present value OF silver bullion
Is governed by the market price In Lon
don hence, one day II might bo worth %
cents, on another day 10 cents, and still on
another IL might be worth only % cents or
less. At the present time we have no such
nuyuation ~ the dollar between tho time
OF leaving our Offices at night and the
time u returning to the same In the morn
ing
Any one who has been In u country that
l. on n silver basis, such rs Mexico, China,
Japan or India, will understand that this
Is no hypotlo 'nl case, but an actual fact,
for. ~ credits ", - always drawn on Lon
don, II II travel. in any one of those coun-
tries desire, 10 draw money on his letter
of credit he T. told that they cannot tell
what to charge him until they receive the
London rate of exchange, which Is based
on the market price Of silver During part
Of the timc while was in Japan exchange
WIS very low, con ;equcnt upon rumOrs Of
war with Russia aud during those times
th' price 81 the Japanese yen, or dollar,
dropped, and when the rumors were found
TO he without foundation exchange rose
and the price Of the dollar went up. In
weeks time its value luctuatod 10 per
cent. and In Japan that was no unusual
occurrence. just think Of what "A COM
l.. l.. L.. a
bp necessary for sturckccpcr to mark
over his whole stock Of goods every day
because the valuu II the dollar had changed
over uight.
since the great decline has taken place
In Japan prices FOR farm produce and mcr-
chandi>c, except during the war, have not
risen. but have remained about stationary
because Of the Increased supply, but the
price for everything that Is purchased out
side ~ Japan IN u aold standard country
has risen - almost double Hotel pro.
prietOrs and those who are forced to buy
those articles that are necessary to the
conducting Of their business, and which
are not produced In Japan, have now to
pay double what they did b fore the great
decline took place, and yet the hotel pro-
prictors dare not raise the price Of their
rooms on account Of competition. The
proprietor uf the Grand hotel in Yoko-
hama told me himself that hc was making
less per day now since silver had declined
than before e., fall In Japan the horse Is
almost an unknown animal as far rs
transportation purposes are concerned,
coolies, both men and women, taking it's
place For thirty-oiyht cents in our money
these japanese runncrs will pull you In
jinricki,ha for ten hours at "a pace that
would Kill almost any morse and yet these
runners stand among the highest paid
labor in that country.
There are those in the United States
who dcuuuncc Wall street a, gambling
dva. and they clam that the free coinage
of silver would lessen the use Of Wall
street. But the whole population Of the
United States, If we are on a silver basis
would be- compelled to look "a, the London
quotations Of silver as cablcd to Wall
street before single transaction could be
made any day without running the risk
Of loss.
In India II l. the same as in Japan. The
rupee originally was worth 30 or 32 cents;
today 1t Is approximately worth 80 or 3a
cents, and some days II is down To 90 cents
or up 70 81 cents. Price, there for food
products are no highcr now than before
the decline In silver took place, they be.
ing governed by the sizo Of the crops, de-
pendent upon the quantity Of rain that
falls during the wet season Railway
. la.
ocean passage 10 England Is invariably
the same number Of rupees Tho railroad
and the stcam,phlp companies cannot
raise their rates, but the traveller who
uOmrs from a gold standard country can
buy his passage for just about ono-half
what was formally charged.
A good cOlchmnn can DO had in Bonn
Das .og 10 rupec-, or say, s3 % per month,
ard AN excellent house servant and cou-
ricr for rupee or 80 cents per day, with
nm allowance " I .annas, or cents, "A
day for his food, and those house servants
constitute the highest paid class Of labor
IN India These servants are always men,
and they commence their days duties by
bringing their masters "chota hAzri or
early breakfast, at O'Clock In the morn
ing They help you dress and then pro-
ceed % wait upon tho table, act as inter
prefer during your ride, brush your clothes
or piIs clay your torpce hat when you re-
turn nd follow you around like faith
ful dog on syery occasion, pack your
trunk, kesp OF the horde Of beggars that
hourly annoy you, and when at night you
retire they curl themselves up In their
blankets and sleep on tho mat outside
your door, ready ~ answer your call This
is q fair example of tho best paid class Of
native labor Ia India.
The English soldiers In India, of whom
there are l0O.D0 and over. bitterly com
plain that their wages. As now received
;n rupees, will not permit them 10 Lesp
their families In England as thsy used %
DO befOre the depreeihtion TOOK plaOs and