Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1896-07-30
EDIToR DEMOCRAT

#sH##H5R lkiez 80 # standard plan L
Al ESAILM of the republican
Il IN NMT1r ~ platform ney 9 I
k-ZsA tire of pointing
--zyS T-rrT 10 Mexico IS an
awful example 81 ne effect of free ST.
yer coinage IN fact small coaatIy
Journals vczx themselves into fi5 Of
dark despair. md n holy horror ask If
we want IL place this country il the
condition OF Mexico? These gold
standar6 supporters ara continually
reiterating the statement that because
Mexico has free coinage Of silver one
can take an American silver dollar and
trade it for two Mexican dollars, or
that one car go u Mexico with 900
of our silver dollars and exchanges item
for 3 coo worth 0f the products OF that
countrr meaning TO imply that IL their
desire for our silver dollar they VIII
give twlce as much for it as they viii
for one Of their own. This statement
is held up to the advocates of silver
here rs unanswerable argument, and
believers in the gold standard have
told these stories so often that they
themselves really believe them.
AS matter of fact the bullion in
Mexican, as we'll as that of an Ameri-
can silver dollar, will buy as much of
the products of the country in which
either is coined as ever before. Not
withstanding the American silver dol
lar is supposed to be on parity with
gold, it will NOT buy twice as much Of
the products of Mexico as a Mexican
dollar, and in proof of this [ quote
from letter received by me from MI.
Parker III. Sercombe. manager of the
City of Mexico, bearing date of Nay
18, 1896. In part he says:
''There are places in this city where
they have arranged system of Amer
lean exchange where you can get rid OF
American silver dollars, but to say
that you can go where you will in this
city and buy what you will with an
American silver dollar is mistake.
The tradssnaen aoiH not take them, though
the professional money changers will
allow rs to ST. so in Mexican, silver
for them, always insisting, however
upon good profit in the exchange. Ii
you wish to keep posted in thorough
manner on the doings in silver coun
try. where there is nothing more prosper
o,ts on the face of the earth, would advise
you to subscribe for the ''Herald, - and
ask your friends to do the same"
This utterly refutes the statement o1
the gold people that the American sill
yer dollar has double the purchasing
power of the Mexican dollar in the
commodities Of that country. / set
these items going the rounds of tht
gold standard press, and not believing
them for moment | took the troubl,
to write Mr. Serconbe, with the abov,
result. l am also in receipt of a cop.
of the Mexican Financier." one o
the ablest publications. devoted to tha
: branch Of literature in the world, AM
that journal speaks in glowing term
of the prosperity of that country On
page 2S3 of that publication, Englisl
edition, lit is also published in Spanish
of May so, 1896. under the hea,
Topics of the Times," The Finan
cier says:
'sThere is no tagging in the progres
of Mexico. Projects for new railway
are being matured by native and for
,eign capitalists for the purpose o
opening up regions which only neet
cheap transportation facilities to ente
upon period of vigorous development
Some of these projects, such, for in
stance, as the plan to open up the i'm
mensly rich mining district of Batop
ilas, in the state of Chihauhus, b,
means of railway, are already know
to the public, while others, not less i'm
portant, are being quietly matured an,
will soon be announced. These enter
prises, largely initiated by foragners, ar
a proof of solid faith an this country
Unabated interest IS also being takel
by foreigners in mining enterprises
and at the present time the mos
famous mineral regions of this coun
try are being prospected by scell-kne,c
american experts in the interest c
Anglo.American syndicates. The II
cent heavy investments of English car
i.al in Sonora gold mines are we
known to OiIr readers. Most of tbes