Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1896-08-13
Ocstions and Answers.

ELM loiNI. p D.' AuE, io.-1ouT anes'nn
idea. 1t is an education Ia itself. Now, ! was
standing on the corner the other day and heard
man loudly proclaim that the depreciation Of
the gresnback during the war was solely due tO
the fact that there was an exception clause at
tached to the issue. Then to prove this prOpO.
sition the speaker said that the first issue Of
$sO.OlO,OOO had no exception clause and passed
just the same As gold. What are the facts?
The facts do not warrant the conclus-
ion of ohe street corner talker. The
$50 900, 600 of treasury notes issued by
the government in 1861 were MADE
PAYABLE ON DEMAND IN COIN. These
notes were receivable for custom house
duties. Secretary Carlisle writes under
date OF July 30, 1869, with regard to
the first issue OF treasury demand notes
sometimes called green backs:
Those demand notes remained In use for only
a short time. While they did SO remain, how
ever, they were practically at par, because they
were PROMPTLY REDEEMED IN GOLD when
presented In pursuance Of the law, and were also
received for all public dues.
There was no exemption clause printed on the
back Of those notes, as was done In the case OF
the greenbacks. When those notes were first
issued they were not made a legal tender for
private debts. At that time the government
had not suspended specie payment. and the gov
ernment received these notes for customs as
readily as it did coin.
BY the sct vt Of Feb. 25, 1862. under which the
first $50 ,Ooo, 600 OF United states notes green
backs) were issued. it was provided that O.00O
O'W Of these notes should be IN lieu OF a like
amount OF demand notes. The real object Of
was to be An issue OF $50 OO OOO of greenbacks to
take the place Of S5OOW,OoO Of those demand
notes which were sure to be In short time re-
deemed. In the act Of March II, 1862, those first
same rs the greenbacks. There were issues,
including all reissues OF those first notes, $6O,-
OOO,O 900. }. q. CARLISLE.
There is wonderful amount of de-
lusiOn with regard to these notes.
They always passed at par because the
government redeemed them whenever
presented. Specie payment was sus-
pended SO far as the $500, ,OOO.O 600 worth
Of greenbacks were concerned, but not
with regard to the SGO, 600, 900 issue. A
government, like an individual, can pay
on demand small sums when they are
entirely unable to meet the demands of
very large sums.
HIGHLAND, $. d.. Aug. 1O.-I see that you have
a question and answer column. There
leo and their money. and the prices which
have to be paid for produce. Is Mexico pros.
porous? l.. b.
The best answer to the forepart of the
question is to print a letter of Thomas
Crittenden, our cons,A. general, in the
City of Mexico. He is recognized rs a
man of honor and of truth.
Cona1,ate- General Of the United States Cole de San
Diego, CITY Of Mcrico, July2 2s:
SIR: have yours in which you ask the U ar
ket value in Mexico of certain articles.
Pork, from $1.s7 to $3.50 an arroba, equal to
twenty-five pounds ($7 80 to $40 per hundred In
'" liam. uncnred. from s. to ss.25 an arroba ,l2
to Is cents per pOund)
Breakfast bacon, 81 cents pound.
Ham, cured, from 30 t. 20 cents a pound.
Beef not choice parts, 10 cents u pound.
Beef, choice parts. from 10 to % cents a pound.
Mutton from 10 to Is cents per pound. abund-
ance Of beef and mutton here in Mexico.
Wheat from 80 to $40 caraga 400 pounds. i
getexcellent family flour At s. per hundred
Mexican -four.
Corn has ranged from s. 80 to & caraga, 900
pounds. think corn has risen In price to % a
caraga, and, as the crop Is quite short In many
parts Of Mexico, the price will continue to rise
mits 1t free. Suffering is apprehended in some
parts Of Mexico in consequence OF the failure Of
The usual rains. Rye and oats are not raised In
Mexico to any extent.
sugar, refined, cents per pound.
| Coffee In grain from 30 70 35 cents per pound
When accustomed to the Mexican coffee, think
1t superior to other coffee purchased In the
| States
These prices are Mexican currency with the
exchange st from 81 s. to sleo that Is. s. Of the
United states gold, silver. or paper equals $'.S
| or 81 80 in Mexican paper or silver or paper.
| THOs. CKITTENDEN.
| Mexico is prosperous in one sense ol
the word--and that is due to the bene.
ficient and wise administration of its
president, Porifo Diaz. Previous to
his election, scarcely year passed
without revolution Of some kind. He
has brought order out of chaos. He has
given the country stable, solid, sub
stantial government. He has given
security for Investments. This has
given capital an opportunity-coupled
with the cheap labor-to secure fair re
turns on exports. The average daily
wage of a Mexican in Mexico amounts
to only q cents a day and that in Mex
lean money. American skilled labor
secures the same amount of wages il
Mexico as in this country.
Kelley is in it with boots and shoes.
Come and try the Process Bread a
City Bakery.
See our new dried fruits.
S. G.. Thornton.
A fresh line Of Bread, Cookies ant
Cake at City Bakery.
Call for any thing in Bread and Cak'
line at City Bakery.