The Superior times. [volume] (Superior, Wis.) 1870-1912, 1896-09-12
TO be contlnued.)
FREE SILVER IN INDIA
IT HAS REDUCED LABOR TO THE
VERGE OF STARVATION
Wages Have Remained Stationary while
the Price Of NeCessariFs Have Gone Up
Out of the Reach of Toilers.

=
! country are happy with it; that they are
prosperous and getting an increasing
share of the worlds trade; that while
silver has fallen when measured by gold.
il has not fallen when measured 10y other
products The claims cover "a wide
range and ar" intended To prove that
silver on strictly silver basis makes
an ideal currency for a happy and pros
pcrnu~ people.
The silver men have been uuiortunat,
. IN citing Mexico as an example for this
country. Mexico lies too near our doors
/ ana knowledge of the desperate condition
! OF Labor and the middle classes III that
/ backward land is too easily accessible.
I India a> Il guide for America II an
/ equally unfortunate selection Like ov-
/ cry other free silver country It IS Il land
! Of ignorance. with the great mass ot its
! population III WrCtch"d depths of poverty
beyond the conception, III Americans.
I For all but tn" privileged few ltr IL
one of endless struggle for mere exist
cncc, and the gaunt spectcr of famine
/ is ever ready to stalk through this sore
/ stricken land.
( | L. HauScr. tea merchant of CHI
/ cago. who has spent the greater part "t
4 the last thirty five years in India. where
/ no has Il branch house and is interested
. in tea aud in several agricultural ma
/ chimes of his own invention adapted {"
. India. being Il CLOSE student has made Il
( careful study ut conditions in that land
/ and this Long residence has given him
/ opportunity Ia carefully watch tn" yarl-
oUS changes which the past quarter cen
/ fury has brought about. Seated IN his
library. surrounded by rurios gathered
/ in If" Npcnt in TIA" Orient and with
I official and private publications concern
ing the country At hand for ready ref
crcnro. Mr.. UauSer talks most enter
taiuingly
unit of circulation i the silver rupee.
which has no fixed value. Its worth va
ricS from day To day according To the
price of bullion or bar silver in tn" Eu-
rupcan market. 10 appreciate tn"
changes in thr yalu" uf til" rupee, it,
equivalent in American money III 1NIl
was - cents. - cents IN 1861; II cents
in 1871, II cents in 1881 and - cents
IN 1891. The depreciation in recent years
hnS been rapid. in 1893 worth 81 rout,
aud in 1891 only - cents
"Ihr subsidiary coins are ana~. Is hC.
lnC equal 10 = rupee: pl"" topper /
rguaHn@ IN ana. pies. ais" copper -
"IUnln@ one ana. Th" lowest form of
currency are coWric~. a kind of shell
%Sin beng counted aN equivalent to Il
rupee. nr - crutN of our money. ThcS"
cuHric~ are used 10y the poorest ppopl" to
purchase salt. hrrwo"d and the harcSt
necessities nf life. 1t is fixed law in
fuanc" that til" poorer the people the
cheaper IT," money and tn" smaller the
denominations into which that money *
divided.
1t is stock argument among
silver men that the value of silver
when measured by all other prod
ucts has not fallen. This is au ~
sumption that Is directly contrary To the
facts. In India. y strictly silver using
country with no gold coinage. The rur
chasing power of silver when measured
ly ct her UrntlurtS hJ. ,IacliurI nj S1r.b