The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-09-05
THE MEXICAN HERALD.
SATURDAY, AUGUST 90. 1896.
While under the heading "'City Briefs
appeared this parasraphat the top OF the

appeared this paragraph at the top OF the
column:
Bank exchange was quoted yesterday
Mt aoh pence on London; on New York at
IS per cent premium.
Worth Studying.
There Is something about this mast
head worth studying. and$its study Is
especially commended To the advocates
OF the free coinage of silver In tbs United
states. Mexico, as everybody knows, Is
a free coinage country. silver Is the
moneyo OF the land. Now note this mast
head of the Mexican Herald, a paper
published In a free silver country, and
one that also advocates the free coin
age OF silver for the United States, The
price OF the Mexican Herald delivered BY
carrier IN the City OF Mexico and the
n~eighborng cities is 81 a month. BY
mall throughout the republic Of Mexico
the price Is $40 per year, and by mail
throughout the United States the price
Is s1fper year.
Who in the United States ever heard OF
a newspaper being circulated at a less
price In a foreign country than It is In
the very city of It's publication? Yet
that Is the case with the Mexican Her
ald. everyone knows that a paper must
pay Il large extra postage on every copy
1t %clrculates abroad. The Commercial
Tribune and all other papers published
In the United States must do this, and,
therefore, they Charge for foreign sub
scriptions an amount above the home
price TO cover his extra cost of POSTAGE I.
Perhaps some OF the advocates OF the
free coinage OF silver. who claim that
under free coinage a silver, dollar VIII be
worth as much as a gold dollar, can ex-
plain this state of affairs.
F~lnctuatinS Money.
Turning to the .'City Briefs" and read
Ing the paragraph above quoted. the
readers OF the Commercial Tribune may
understand the Interest that the Mexican
merchant takes when; he sees that the
premium on New York exchange Is 95
per cent.
- procured 4 number OF copies OF the
herald and OF tho Two Republics, aud,
IN looking over the Herald, I observed in
4 prominent place on. the first puge. ey-
cry day, a synopsis OF the New York and
London money markets OF the day be-
lore. quitting the price or bar silver ner
ounce anu the f~iuctuat!ng price OF Mex
lcan dollars In each nj the cities,
An Astonishing Spectacle.
In n recent Herald is a column article
about the sending out, by the sanatarl-
UNI Board. of tenders for bids for ma
chinery FOR the city sewers. now nearing
completion, After describing the mn.
ch!nsry desircd, the tenders read:
The value Of the machinery Will he
paid by gold drafts drawn on New York.
London Paris or Hamburg, each draft
being for % per cent OF the total amount
ana the dntcs lof payment Distributed
from the dates on which. the contract II
executed. up to THAT on which tho ma
clinery is received in Mexico. Tllc; las,
payment Will be- deposited In one Of tho
banks Of tic Cityfof Mexico, and will
bear interest ut tho rate off, Nor cent
Icf month TO. the benefit OF the contrne.
tor who will not receive that money
until the necessary trlals are made
10 show that the machinery ful0lls thS
requirements Of the specifications"
What n spectacle!
ne chief city off n free silver conn
try, which free silvcritcs In tho istafes
iinlu up as an example of{the benc0ts
OF iree silver, ends Itself compelled Ia
u aEclause In Its advertisements for
machinery TO the effect lhaUit Will INV
Is needed. ,f""'tss
i;nys and Sell. Money.
An advertisement which 4 forrnd i,
every copy of the Mexican Herald ihnt
4 have seen. and which attracted nv
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