The herald., 1896-09-13
Capitalists from the three great gold

Capitalists from the three great gold
standard countries Of the world have
demonstrated their appreciation Of the
advantages Of deprecated coinage free
golden dollars as follows:
American capital, $s46, 100000; English,
capital, $120, ,268, ,025; German capital
$6S, $50, 900. Total, $529, ,S2S.025.
An object lesson to the advocates OF
the gold standard who claim that free
silver drives gold and capital out Of
free silver country. Funny that 1t does
not work that way with Mexico. but
then the wise men OF the dependent
states of America are too honorable,
too punctilicous, too delicately sensitive
and too anxious to be on such cordial
terms with their gold allies that they
could not Of course condescend to learn
any lesson from the condition of others.
Our own just now is 80 entrancingly
lovely and satisfactory. and every one is
so happy and contented that we would
be bigger idiots than some even suppose
pie too much Of a good thing" Homeo-
pathic doses must be observed In this
country and too much prosperity might
be bad for us.
The exports from this benighted sis
ter republic to our enlightened one, as
reported by Consul-GeneralC Crittenden
for the quarter ending Sept. 80, 1895.
amounted only to $8,89S, ,893-not as good
as it might be, but the people last year
did not buy as much Of anything as they
did the year before, and this year they
are buying less, not only from Mexico
but every other foreign country.
Strict economy with the individual,
the handling of the peoples money
characterizes our condition as a nation
today.
In the one item Of coffee alone Mexico
in 1895 furnished the United States with
II, ,631 tons, valued at $7,052. 400, and to-
day Mexico ranks third amongst the
coffee growing countries OF the world.
Dr. Depew in a recent speech in New
York stated that the payroll Of a Mex
ican railroad company that he had just
received proved that the wages paid
were considerable les than those paid
by the New York Central. On page 2
of the Mexican Herald of Aug. 16, 1896,
Reasons" facts and figures are given to
prove the reverse of the doctof's state
ments 1t will certainly not rebound to
the credit of DR.. Depew or intensity the
value Of his future utterances on the
wage question Of Mexico, when we find
him deliberately stating what he cannot
prove. He says in effect that as the
wages are paid in Mexican dollars the
employees receive but one-half Of what
is due them to provide the necessaries
of life.
Would DR.. Depew have employees In
Mexico paid in French five franc pieces,
Chilian condores or English sovereigns? :?
His argument is unworthy of his known
ability, and for these wages being de-
preciated, no one knows better than Dr.
Depew that Mexico's money Is depre-
ciated only after 1t leaves that coun-
try. 1t is arguments like Dr. Depew's,
as false as they are pernicious, that are
disgusting thousands Of men in this
country today, who are not as ignorant
as DR.. Depew may suppose them to be.
A man need not be a millionaire to
possess brains; he need not be q rail-
road president to know the exact truth
about Mexico; he need not be financier
or New Yorker to understand that the
contraction Of anything in this world,
from money to fools, increases its value
among those who need either; he need
not be man Of great Tearing or ability
world has been deprecated as money
and reduced to the level of pound of
cheese or q pound Of lead by England,
"perfldious Albion" who always wants
something she cannot produce herself
at as low q figure as possible; he need
not be student Of history or physics or
of political economy to know, If he ever
knew anything else, that gold, of which
England has millions more than she can
use in her own country, must seek in
vestments elsewhere, and by reducing
the money Of the world this gold is
worth much more in purchasing power
than ever before. He will, therefore,
know that as natural consequence of
such condition of things the value and
price of everything purchased with gold