The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1896-03-14
THE KIMBALL GRAPHIC
cLATE r. TINAN.
Official Pausfot the City and County
SILVER IN MEXICO.

SILVER IN MEXICO.
In the March Arena Walter Clark has
a convincing article on the silver lues-
tiOn. Mr.. Clark is a judge OH the
supreme bench in North Carolina. and
Is spending the winter in Mexico. At
El Paso, Texas, he exchanged his Omitted
States money into Mexican, receiving
nearly two dollars to one.n and after
crossing the line he finds railway and
hotel rates the same as here, while the
same sis true also of all articles sold in
the open market" with a "slight raise
in the price OF real estate and the price
OF labor" In Mexico he says cotton is
selling in a silver market at 13 cents per
pound, wheat 81 per husllel and some
times little more. But how is it In the
United States? Cotton Is worth only Z
cents per pound and wheat something;
like 45 cents per bushel. A Mexican
dollar in Mexico will pay just as much
taxes. interest on notes both public and
private obligations a gold dollar
Howard Democrat.
On the border MIR, Clark exchanged his
Unitel States money for Mexican money,
receiving two dollars for one. Suppose
that he had carried his American money
with him into Mpxico--which he could
have done with equal advantage, and
whether in gold, silver or paper. In
stead of finding the hotel rates the same
as here lie would have found them just
half as much. A hotel bill which re-
qnired $5 of Mexi.an money to liquida'e
could have Eeen settled with $3.50 Of
Uncle Sans money that Mr.. Clark left
across the border. And the hotel steward
could have taken thatsame $3.50 go!ten
from Mr.. Clark and gone out and bought
just as much produce for the hotel as he
could with twice the amount of Mexican
money. And Mr.. Clark could have
bought two bushels of WHEAT for one dol
lar instead OF one bushel had he brought
along some Of Uncle Sans money, ana
the farmer with whom he traded could
have walked into the treasurer's Office
and paid twice the amount OF taxes with
the dollar backed up by the gold reserve
in Uncle Sans treasury that he could
with dallar coined by his own country
without that guarantee behind it.
There's nothing in the monetary sys-
TEN Of Mexico, we want to say to our es-
teemed Howard contemporary, which
affords valid argument for the adop-
tien OF such q system by the United
States. One doesn't find the leaders of
the free silver movement pointing TO
Mexico as pat illustration OF their
tenents. The argument the free silver
men make--we refer to those only who
are the leaders and the brains of the
party-is that the United States is SO
much more powerful than either Mexico,
Japan or China,-has so much greater
resGurces-that she can fix the price OF
silver for the whole world. In other
! words: il the United States should to-
morrow adopt free coinage OF silver al
the ratio of 16 to 1, the bullion price OF
silver woul't instantly rise from where il
| now stands-at sixty odd cents an ounce
Ito S1.29 an ounce all over the world
No silver leader OF any note-unless he
is a repudiationist with ana chist zen.
dencies-takes any other ground. And
we want to say, incidentally, while we're
at it. that this is the only tenable argu,
ment advanced BY the silverites. Upset
it and their theories all fall to the
ground. The supposition that this coun.
try would be benefited by the adoption
of the monetary system OF Mexico, JapaI
and China, with silver worth half a.
much in Europe, is something that ever
men like Bland, Steward, Teller ant
Jones have not tried to make us believe
This explains. too, in part why the fret
coinage Of the American product lde;
has up to this writing been left the ex
elusive prerogative Of that lot of ninny
hammers who met under the shadow o
the insane asylum Of S. D.two years ago
! While the party in the state may no
hold the extreme views on the free coin
aDa Of silver as pattiprnW flnps If Unnl