The times. [volume] (Richmond, Va.) 1890-1903, 1896-08-23

=
Lemon extract, per doz.... 90 %
Vanilla extract. per doz...S y 90
Arbuckle coffee. per lb..... 70 40
Soap. per box; 20 90 IN
Tea per pOund........ .oJ " a ~ ~ 10 -
Deviled ham. per doz.:.... w v -
Sugar per sack OF 100 lbs. - 10 -
Flour Der SACK Of 100 lbs. 70 30
Rice per pound. ............ % IL IL
Canned tomatoes, per caSe' - "
O, ..'TSe Mexican prices are the prices
which prevail in the free zone, on which
there is small duty. or course, on the
interior they would be hlsher. also
The lsrges cities. is paid from 20 cents 10
,l.5O a day in Mexican silver. The high
ct nrice for the very best and most
skilled labor is 50 per day IN the same
Kind Of money. In the interior OF Me1-
co, in the country, anu inc Suldllcr cues,
the wages paid are from ~ 10 90 per
cent lower than that given above
We have here the distinct statement
from the Mexican minister that beans
on which the Mexican layoIlng man iNes'
have doubled in value, while the working
mans WAGES remain what they were.
The farmer makes, OF course, but IL -
desth Ia Tie labOrer. The Mexican III
nancier in the article We nave quoted
speaks Of the great stimulus Whlch cheap
=
cuiture in Mexico. for while We produce
on a silver basis with the wages or labor.
az well as the cost Of living, substantially
unaltered. We receive pay Tor our exports
il gold " a.. -
labor remain unaltered, but II is nonsense
for this paper to say thsLt the cost OF
living is the same. X beans the food OF
the common people nave douhed IN
price, IL is absurd 10 say me cost Of Nv
GOD
MEXICAN NEWSPAPERS WARN Us.
Finalv. the Mexican Fiuancier gives the
United States this warning against iTee
silver Ia its issue Of July H. 1870 IL
1t is sincerely to be hoped that no more
empirical legislation OF pthalt OF silver
Will be enacted in the Northern hepuDllc.
Great as are the resources OF mat coun-
try il IS not powerful enough hhahciaily
% adopt a monetary policy 81 US own IN
dcpcrleuLv OF the rest or the world.
The only result or Isolated ac-
ton by the United States, or hdecd, OF
any other single nation however great
would be 70 give a monchlaiy stimulus
10 silver. as old the Sherman silver Pur-
chase Act, only 20 be- followed ny period
OF reaction and pr0straiiOn. Exchanges
would again become SUBJECT 70 violent
fluctuations and the trade between Eold
and silver using countries WOuld again
be converted into lottery. Mexico can
stand cheap silver. In many respects 10
,s beneae..d to her and ia the points
where the fall in the white metal was
Instantaneous or merely neutral a SAT-
isf.Urory adjustment 10 tie new cOull-
lions thus created has been successfully
effected. Therefore, We. ~ Mexico are
content 20 see silver let alone aud are
not particularly anxious even Tor the
realization OF ~ conservative plan Of in
ternati0nal bimetallism. But WI positive
ly dread experimental legislation by sepa-
rate nations.
FARMERS ADVANTAGE TEMPORARY
ONLY.
The virginia farmer may feel encOurag-
cd 10 pcrsevcre I'm his demand for free
silver by reason OF the fact that the
Mexican farmer IS now deriving an adj
vantage from it. But II he IS dead 10 the
consideration that he is OfcrtnfO"lnS
every other Interest ana social order It.
self I'm forcing a dchasod silver dollar
into our financial system, De should at
least reflect that his pfOsf rity VIII be
temporary only. Tho south and tho
West have hundreds OK thousands OF
acres Of lana lying IDLE. il the farmer
makes great pICnts from leDaslns our
money an this iGle land vii be put into
cultivation and very soon ne Increased
production viii pull prices down to their
normal level and, when una happens
what will We have accOmpNShcdi Moth
ing. absolutely nothing but 10 have made
tho standard Of value hfty cents Instead
OF cue dollar. The Journal " commerce
makes this nfppy Bit:
"Cue Of the rest cartoons issued by
the sound mCLcy men represented fleet
~ vessels below and another fleet or
vessels above Niagara Falls. Among the
latter was one bearing the American
flag. and the accompanying legend repre-
stUtcd passenger saying to the '.apiln,
Are YOU not getting TOO near the edge
and the Carialn replied. "NOnse use. there
Is just as good sailing belo" as mere -
tlp here Now / do not say mat there
may not be seine good sailing on the sill
yer level; what ! say IS that history ana
reason alike teach that gc-Ans down 10
that would b. ruinous.'
We Should have 10 pass over niagara
Falls 10 get 10 The good s.nilpS below,
and that would dash our ships 10 pieces.
We should have TO PASS through the most
terrific p9nic ana a process or Hqulua-
ton TO get TO the flty-cent silver basis.
MIR. BAILEY PUTS Ills FOOT IN 1T
AGAIN.
When Mr. Royal had completed bis dis
cufsiOn of the coIoltion ~ things IN MeAl-
60 he called upon Mr.. Bailey TO ten tho
audience when be came 10 speak now IL
was that one Mexican gold dollar would
now buy TWO Mexican silver coAdl >.
When Mr.. Bailey replied Dee sald IL was
because gold had appreciated, ana ina
the silver boz n Mexican silver doilhr "oulu
buy - much to-day as u "Ouiu twenty
IL is true the silver in a Mexican dollar
Will buy as much Mexican labor ~ Mc1l-
co as 10 would twenty years ago, because
wages never rise I'm proportion 70 ol.et
tfircs VIXEN money ls deprecated. tut
Il IS simply absurd 90 say inc SILVER IN q
Mexican dollar viii now buy as much OF
commodities as II would twenty years ago.
append some prices taken from Ile
great report Of the SENATE committee
elsewle ro referred 20, a' Ioilo"a. -
Ia July 1876. the price " .olsh heMp
fr Cincinnati was $40 per ton, and ia