The evening bulletin. [volume] (Maysville, Ky.) 1887-1905, 1896-09-12
MONEY IN LONDON.
What 1t VIII Do and What 1t VIII Not
In the Worlds Metropolis.

Especial Correspondence


LONDON, Aug. 31.-The farthing in
London is really useful coin. There
are many things you can get for it
milk enough to do for the breakfast of
two people, thread, needles, pins,
matches, soap, bluing, candy, pickles
and so OH. Little children go eli or a
hurrah, so to speak, with a farthing.
They can get candy, or two apples, or
taffy for it. 1t is about the size of an
American cent and possesses half its
face value, but its purchasing power is
more than double. 1t is the lowest coin
in English currency.
Altogether the purchasing power Of
money is greater i'll England than it is
in America. Of course, you come over
to London to live in big style it will
cost you much the same as it does at
home, but if you settle down to stay
here and to live quietly you will find
you can live ever so much cheaper.
Rent is lower in the first place. In
the neighborhood of Russell square, ".
c., You can get house for 100 guineas
year. This neighborhood is very
good one, and the houses are fine and
large and have stables at the back. For
the same houses in New York you would
have to pay at least $3.50 month. This
difference seems incredible, but l know
what l am talking of. The London
houses of which l speak compare very
favorably both for location and comfort
with the best of the houses that lie on
Thirty-fourth street between Sixth and
Eighth avenues. According to this
showing the difference in the years rent
is as the difference between 1925 and
So, 600.
OF course, there are ultra swell loca-
tions i'll London where l suppose the
rent is as high or nearly as high as it is
in New York. And, again, living in
hotels is very dear because of the tips
and extras.
If an American tells you that living
in London costs him as much as living
in New York, you may depend upon it
that he either puts on ultra style or that
he doesn't know the ropes. If you are
knocking around seeing the sights and
life of London, sovereign in your
pocket is as good as q $40 bill would be
in the big town on our side of the pond.
Yet if you put on style in London,
you have to pay dearly for it. For in
stance, you are taxed for every man.
you keep-two guineas, think.
You are taxed for armorial bearings.
You must pay for the privilege Of hav-
ing crest on your carriage. If you are
Mr.. Muggins of Goshawk, Mich, who
has made his pile, and you wish to
prove satisfactorily to the world that
your ancestors were living away back
in the glacial period, you must pay for
that pleasure. To sum up, in London
you must pay for the putting on Of airs.
While III one way money has more
power in London than it has in New |
York, in another way it hasn't near the
power-I mean in the way Of helping
you ON socially. 1t will do great deal |
for you, to be sure, but it hasn't the |
that it has at home Here
you will be asked to the best houses if |
people believe that you have talent. All |
you have to do is to turn up looking
neat and clean. You may not have
your cab fare, but that doesn't matter.
The power that has caused these people
70 invite you is not the power of money.
And If you had all the wealth imagi-
nable and were vulgar or stupid. these