The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-07-03
Free Coinage I'm Mexico.

It would be interesting to hear what
the silverites have TO say about the in
tervlews with H. c. Walton, president of
the Bank Of England of the City of Mex
leo, in relation 10 the effect of free silver
coinage in Mexico. Mr. Walton is in Chi
cago. and he was interviewed in that city
last Tuesday. In the course of mis- talk
ze said:
ut IS an old story how President Diaz
brought Mexico to the silver standard.
At the present time this country Is in the
midst of the silver craze, and while every
sound money politician cites Mexico as
an example, they do not make IT strong
enough. If gold was the standard in that
country at the present time, along With
the rule of President Diaz without a
doubt ii would be one of the greatest
countries in the world. Silver has alone
kept II down, and III the United States
expects to remain the nation It is at pres
ent and has been for years it wants TO
let silver alone or II will only be short
time until it will lose its proud standing"
In the foregoing paragraph we undoubt-
edly have the truth in respect TO free
silver coinage in Mexico 1t has kept that
country down. 1t is a burden that Mexico
cannot carry and at the same time prosper
greatly. If it were not for her deprecated
currency she would advance rapidly in
wealth and population-in fact, she would
be one of the most prosperous countries
IN the world.
Mr.. Walton utters words OF warning
when he says that If this country wants
to retain its present proud position among
the nations of the world 1t should let
silver alone.
The silverites will say. probably, that
Mr.. Walton is prejpdlced against silver,
and THAT It is to his interest to have the
gold standard. 1t is easy enough of course
to make a statement like that, but what
does it amount to? 1t is clear that Mr..
Walton knows what the situation in Mex
leo is, because he is one of the leading
business men of that country. If Mexico
were prosperous with the silver standard
ne would not say a word against that
standard. In fact he would be inclined
TO uphold it. But he knows that Mexico
is not prosperous, although she has every
thing, except her currency, to make her
SO. With a sound currency she would
move ahead with giant strides With a
deprecated currency she is in a sad
plight. This country should take warn
ing from Mexico's unfortunate condition.
Gen. Bradley T. johnson has been tell
ing rather too much about the true con-
dition of affairs in Cuba to please Gen.
Weyler. and the chances are that he will
have to leave the island. Gen. johnson
is there in the capacity of a newspaper
correspondent, and has been sending out
reports favorable to the insurgents. 1t
goes without saying that his reports have
been correct. He is an old soldier of the
confederate army, and has been tried in
the fire, hence does not stretch facts for
sensational effect, as younger and less ex-
perienced men might be. He records facts
as they are. In the event that Gen. John
son is expelled from Cuba the impression
that will be created in this country will
be decidedly adverse to the Spanish
cause.
Solicitor Bellinger of South Carolina,
who was howled down and insulted while
making stump speech at WATERFORD on
Wednesday, is to be commended for the
brave stand he took in defence Of law and
order. even while surrounded by his enc
mics. The demonstrations by the friends
of the Broxton bridge lynchers were a dis
grace to the state. But it must be remem-
bered that South Carolina lately had a
governor. now one OF her United States
senators. who said he would head a lynch
ing bee under certain circumstances. With
such a preceptor. it is not to be wondered
at that there is an element in the stare
who would attack a prosecuting attor-
ney for attempting TO do his duty in
bringing lynchers to justice.